Tokenization Market is accounted for $698M & expected to grow at a CAGR of 19.8%to reach $2.4B by 2023

A new research document with title 'Tokenization - Global Market Outlook (2017-2023)' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like United States, Europe, Asia Pacific, Middle East & Africa, North & South America and important players/vendors such as Fiserv, Inc., Futurex, Gemalto NV, Hewlett Packard Enterprise .The report will help user gain market insights, future trends and growth prospects for forecast period of 2023

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According to Research, the Tokenization market is expected to grow from $697.68 million in 2016 to reach $2,466.48 million by 2023 with a CAGR of 19.8%. The increasing amount of data and growing need to manage sensitive data of customers coupled with stringent compliances is forcing organizations to adopt tokenization solutions. Compliance management and payment security among applications are some of the major factors supporting market growth due to growing eCommerce sector and digitization in the healthcare industry.

Cloud deployment segment is estimated to hold the largest market share owing to more deployment of cloud infrastructure among the Small & Medium sized enterprises making them focus on their core competencies. Payment security application segment is estimated to be the largest market holder, the increasing complexitites in paymane across the globe had made this change vast and countable. North American market is holding tha largest share in the regional market due to the presence of large number of tokenization vendors in the market.

Some of the key players in the Tokenization market include 3delta Systems, Inc., Cardconnect Corp., Ciphercloud, Cybersource, First Data Corporation, Fiserv, Inc., Futurex, Gemalto NV, Hewlett Packard Enterprise, Liaison Technologies, Inc., Paymetric, Inc., Protegrity Usa, Inc., Symantec Corporation, Thales E-Security, Inc. and Tokenex, LLC.

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Applications Covered:

• Compliance Management • Payment Security• User Authentication
End-Users Covered:

• Automotive• Banking Financial Services and Insurance• Education• Energy & Utilities• Government• Healthcare• IT & Telecom• Retail• Other End-Users

Organization Sizes Covered:
• Small and Medium-Sized Enterprises
• Large Enterprises

Components Covered:
• Services
• Solution

Deployment Types Covered:
• Cloud
• On-Premises

Regions Covered:

• North Americao USo Canadao Mexico• Europeo Germany o UK o France o Italy o Spain o Rest of Europe • Asia Pacifico Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific• South Americao Argentina o Brazil o Chile o Rest of South America• Middle East & Africao Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa

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What our report offers:

- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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