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April 16, 2021, 12:50 a.m. EDT

Tokenization Market Size, Outlook, Trend and Forecast,2021-2025 | Says Kenneth Research

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Apr 16, 2021 (AmericaNewsHour) -- Kenneth Research has published a detailed report on Tokenization Market, which has been categorized by market size as well as growth indicators, and further encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.

The Global Tokenization Market was valued at USD 685.78 million in 2016 and is projected to reach USD 4272.54 million by 2025, growing at a CAGR of 22.54% from 2017 to 2025.

Tokenization is the process of replacing sensitive data with unique identification symbols that retain all the essential information about the data without compromising its security. Tokenization makes it more difficult for hackers to gain access to usersaEUR

(TM)
data. Benefits of tokenization include aEUR" internal protection, reducing PCI scope, online protection, compatibility with other technologies, reduces risk of data loss, and secures sensitive data.

The Final Report will cover the impact analysis of COVID-19 on this industry:

Download Sample of This Strategic Report: 
https://www.kennethresearch.com/sample-request-10059588

Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Increasing adoption of contactless payments
1.2 Emergence of tokenization-as-a-service model
1.3 Increasing credit card fraudulent activities
1.4 Increasing demand for payment security for digital e-commerce
1.5 Growing demand for PCI-DSS compliance
2. Market Restraints
2.1 Budget constraints
2.2 Poor knowledge about security tokens among end user
2.3 Competition with traditional IT security Systems

Market Segmentation:
The  Global Tokenization Market  is segmented on the application area, component, organization size, deployment model, vertical, and region.
1. By Application Area:
1.1 Compliance Management
1.2 User Authentication
1.3 Payment Security

2. By Component:
2.1 Solution
2.2 Service
2.2.1 Managed services
2.2.2 Professional services
2.2.2.1 Training and Education
2.2.2.2 Consulting
2.2.2.3 Integration Services
2.2.2.4 Support and Maintenance

3. By Organization Size:
3.1 Large Companies
3.2 Small and Medium Businesses

4. By Deployment Model:
4.1 Cloud-based
4.2 On-premise

5. By Vertical:
5.1 Telecom and IT
5.2 Automotive
5.3 Healthcare
5.4 Government
5.5 Banking, Financial Services, and Insurance (BFSI)
5.6 Retail
5.7 Education
5.8 Others

6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Tokenex, LLC
2. Paymetric, Inc.
3. Liaison Technologies, Inc.
4. Futurex
5. Hewlett Packard Enterprise
6. Ciphercloud
7. Symantec Corporation
8. First Data Corporation
9. Gemalto NV
10. Cardconnect Corp.
11. Cybersource
12. Thales E-Security, Inc.
13. Protegrity Usa, Inc.
14. 3delta Systems, Inc.
15. Fiserv, Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Request For Full Report:  https://www.kennethresearch.com/sample-request-10059588

RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:Research study on the Global Tokenization Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.

Contact Us

Kenneth Research

Email:  Sales@kennethresearch.com

Phone: +1 313 462 0609

The post Tokenization Market Size, Outlook, Trend and Forecast,2021-2025 | Says Kenneth Research appeared first on America News Hour .

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