Tokenization Market – Industry Analysis and Forecast (2019-2027)
Maximize Market Research's latest report, " Tokenization Market Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Tokenization Market was valued US$ 1,012.41 Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of XX% during a forecast period.
Tokenization Market Overview
Rising banking applications and increasing credit card holders are boosting the tokenization market. Factors such as protected customer data, use of digital payments, reduced risk, and carefulness of banks toward frauds are drive the market during forecast period. But tokenization systems require large data space, the high cost of implementation, and upgrade of hardware required for tokenization is restrains of Global Tokenization Market.
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Tokenization Market Major Market Players
• Gemalto NV
• Futurex
• CipherCloud, Inc.
• Symantec Corporation
• Hewlett Packard Enterprise Development L.P.
• Protegrity USA, Inc.
• TokenEx
• First Data Corporation
• Fiserv
• Micro Focus
• Visa
• WEX
• Thales e-Security, Inc.
• Worldpay
• CyberSource Corporation
• Dell Technologies
• Liaison Technologies
• Protegrity
• Bluefin
• Sequent Software
• Discover Financial Services
• Carta Worldwide
• Merchant Link
• Ingenico ePayments
• Rambus
• Mastercard
• Verifone
• IP Solution International
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Tokenization Market by Types and Applications:
Global Tokenization Market by Component
• Professional services
• Integration Services
• Solution
• Managed services
• Service
• Consulting
• Support and Maintenance
• Training and Education
Global Tokenization Market by Application
• Payment Security Application Area
• Compliance Management
Global Tokenization Market by Tokenization Technique
• API-based
• Gateway-based
Global Tokenization Market by Deployment Mode
• On-premise
• Cloud-based
Global Tokenization Market by Organization Size
• Small and Medium Enterprise
• Large Enterprise
Global Tokenization Market by Vertical
• BFSI
• Retail and Consumer Goods
• Government
• Education
• Military and Defense
• IT and Telecom
• Others
Global Tokenization Market by Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
The report has covered the market size by country (regions) for the Tokenization market.
Analysis of the Tokenization Market Share and Competitive Landscape:
This report provides a detailed analysis of the Tokenization Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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