Tokenization Market Valued at US$ 9.43 Billion by 2030, Highlighting Companies: Verizon, Discover
Tokenization Market Poised for Explosive Growth, Expected to Reach $9.43 Billion by 2030 (#Tokenization #Cybersecurity #DigitalPayments)
The global tokenization market is on a surge towards significant growth, projected to reach USD 9.43 billion by 2030. This represents a remarkable increase from USD 2.71 billion in 2023, reflecting a compound annual growth rate (CAGR) of 19.5%, according to a new report by Maximize Market Research.
Boosting Security and Compliance Across Industries
Tokenization is a powerful security technology that replaces sensitive data with secure digital tokens. This process enhances data security, simplifies compliance, and streamlines various digital transactions across industries like finance, healthcare, and retail.
Deep Market Insights
Maximize Market Research offers a comprehensive analysis of the tokenization market landscape, including:
Market segmentation by component (software, services, hardware), application area (payment security, user authentication), tokenization technique, deployment mode, organization size, and end-user industry
Key factors driving market growth and potential challenges
Profiles of leading tokenization solution providers
Global Leaders Shaping the Tokenization Landscape
The report features prominent players at the forefront of tokenization innovation:
Global: Gemalto NV (Thales) (France), Symantec Corporation (NortonLifeLock) (USA), Square, Inc. (USA)
North America: TokenEx (USA), Hewlett Packard Enterprise (HPE) (USA), First Data Corporation (Fiserv) (USA)
Regional Growth Opportunities
The report explores the tokenization market potential across different regions, with North America expected to be a dominant market. However, Asia-Pacific is projected to witness the fastest growth due to the increasing adoption of digital technologies in the region.
Adapting to the Evolving Landscape
The report analyzes the impact of COVID-19 on the tokenization market. The pandemic has accelerated the shift towards digital solutions, driving the demand for robust data security measures. This trend is expected to continue to propel the tokenization market forward.
Unlocking the Future of Data Security
The report addresses critical questions for industry stakeholders:
Which tokenization segments offer the highest growth potential?
What are the key drivers for tokenization adoption in various industries?
How are regional trends influencing the market landscape?
What emerging technologies are shaping the future of tokenization?
Table of Contents: Function as a Service Market
• Part 1: Overview of Function as a Service Market
• Part 2: Epigenetics Carts: Global Market Status and Forecast by Regions
• Part 3: Global Market Status and Forecast by Types
• Part 4: Global Market Status and Forecast by Downstream Industry
• Part 5: Market Driving Factor Analysis
• Part 6: Market Competition Status by Major Manufacturers
• Part 7: Major Manufacturers Introduction and Market Data
• Part 8: Upstream and Downstream Market Analysis
• Part 9: Cost and Gross Margin Analysis
• Part 10: Marketing Status Analysis
• Part 11: Market Report Conclusion
• Part 12: Epigenetics: Research Methodology and Reference
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About Maximize Market Research
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