Delvens published a new research publication on "Tokenization Market Insights, to 2030" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Tokenization Market was mainly driven by the increasing R&D spending across the world.
Tokenization Market size was valued at USD 1,526.90 Million in 2020 and is projected to reach USD 7,766.87 Million by 2028, growing at a CAGR of 22.57 % to 2028.
Get Free Sample Report: https://www.delvens.com/get-free-sample/tokenization-market
Tokenization is the process of converting sensitive data into non-sensitive data known as “tokens” that can be utilized in a database or internal system without exposing it to the public. Tokenization can be used to safeguard sensitive data by replacing it with an irrelevant value of the same length and format as the original.
Increasing need to stay compliant with regulations and growing need to ensure continuous customer experience as well as maintain fraud prevention levels due to increased financial crimes are some of the factors that have supported long-term expansion for Tokenization Market.
Key Players
· Visa
· Thales e-Security
· Symantec
· Micro Focus
· Fiserv
· Gemalto
· First Data
· Worldpay
· Dell Technologies
· Cipher Cloud and More
Regional Analysis
North America to hold the largest market size during the forecast period. Being a highly regulated region, the presence of regulations such as CCPA, surge in cyberattacks, especially payment frauds across industries, is expected to drive the need for tokenization solutions and services across North America.
For More Inquiry Contact us: https://www.delvens.com/Inquire-before-buying/tokenization-market
Recent Developments
In August 2020, Federal Bank chose Fiserv to support the launch of their first independent credit card.
In July 2020, Bank of Baroda’s partnered with Fiserv for digital transformation.
Tokenization Market is segmented into component, services, application area, tokenization technique, deployment mode, organization size, verticals and region.
On the basis of Component
· Solutions
· Services
On the basis of Services
· Professional Services
· Managed Services
On the basis of Application Area
· Payment Security
· User Authentication
· Compliance Management
On the basis of Tokenization Technique
· API-Based
· Gateway-Based
On the basis of Deployment Mode
· On-premises
· Cloud
On the basis of Organization Size
· SMEs
· Large enterprises
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
Access Full Report: https://www.delvens.com/report/tokenization-market
In addition to the market data for Tokenization Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
More Related Reports:
Pet Meal Kit Delivery Services Market
Off the Road (OTR) tires Market
About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
Contact us:
Unit No. 01, 3rd Floor, Plot No. 56, Block B
Sector 2 Noida, Near Noida Sector 15 Metro Station 201301, IN
+44 20 3290 6466
+0120- 4903958
