Global and Japan Tokenization Market Size, Status and Forecast 2021-2028
Summary:
Tokenization is the process of turning a sensitive data, such as an account number, into a random string of characters called a “token” that has no sensitive data if breached. Tokens are then sent to an organization’s internal systems for use, serve as reference to the original data, and cannot be used to guess those values.
Global tokenization includes Thales, American Express, Visa (CyberSource), etc. Global top 5 companies hold a share about 40%. North America is the largest market, with a share about 58%, followed by Europe and Asia-Pacific with the share about 23% and 12%.
Market Snapshot
A recently published report by QY Research, titled “Global Tokenization Market Size, Status and Forecast 2022” gives an overview of the overall Tokenization market. This section sheds light on key impact-rendering drivers and constraints that are impacting the growth. It permits users to understand the different shortcomings and how they may hamper the development afterward. This segment is considered to be one of the most crucial segments of the report as it helps readers comprehend the impact of various macro and microeconomic factors on development. The role of various sectors, including small-scale and large-scale, in the expansion has also been discussed in the report. Additionally, the industry experts have put forth the current trends and prospects, which are likely to aid the growth in the upcoming years.
The global Tokenization market size is projected to reach US$ 2374.9 million by 2027, from US$ 939.7 million in 2020, at a CAGR of 13.0% during 2021-2027.
Impact of Covid-19 Outbreak
This section of the report has explored the overall status of the Covid scenario and has offered valuable insights into the changes in supply chain disruption, fluctuations in demand, etc. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.
Segmental Analysis
The report has been segmented into product and application segments. The researchers have documented all the products present today in the Tokenization market. They have also shed light on the new product innovations and launches by the key players. In the segmental analysis, the analysts have provided revenue forecast figures based on type and application for the period 2016-2027. They have also discussed about the growth rate and potential of each segment for the period 2016-2027.
Tokenization Breakdown Data by Type
Service Tokenization
Software Tokenization
Tokenization Breakdown Data by Application
BFSI
IT, Telecom and Media
Healthcare and Pharma
Government and Defense
Others
Regional Analysis
The significant regions that are studied in the research report encompass North America, Europe, Asia Pacific, Central and South America, and the Middle East and Africa. In this section of the report, the specialists have explored various areas that are contributing to the development and can present lucrative growth prospects for the manufacturers in the forthcoming years. The report also provides region-wise and country-wise sales and revenue forecast data for the period 2021-2027.
Competitive Landscape
This segment focuses on the key players operating in the industry. It underlines all the current and future activities by the prominent manufacturers. By understanding various initiatives being taken up by different players, readers will gain the ability to settle on correct business choices. The authors of the report have provided accurate revenue figures of the companies for the period 2016-2021. The clients are sure to gain the upper hand once they get hold of this report. Key players studied in the research report include:
Thales
American Express
Hewlett-Packard Enterprises
Lookout (CipherCloud)
Futurex
Protegrity
TokenEx
Fiserv
Global Payments
Visa (CyberSource)
Frequently Asked Questions
What factors will challenge the Tokenization market growth?
Which end-use segment will expand at the fastest CAGR in the Tokenization market?
Which are the emerging players in the Tokenization market?
How concentrated is the Tokenization market?
Which factors are positively contributing to the Tokenization market growth?
Which are the novel product innovations in the Tokenization market?
Which product segment will emerge as the most lucrative in the Tokenization market?
Which factors are increasing the competition in the Tokenization market?
Which are the strategic measures taken by the Tokenization industry players?
Which region will witness inactive growth during the forecast period?
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Tokenization Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Service Tokenization
1.2.3 Software Tokenization
1.3 Market by Application
1.3.1 Global Tokenization Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 BFSI
1.3.3 IT, Telecom and Media
1.3.4 Healthcare and Pharma
1.3.5 Government and Defense
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Tokenization Market Perspective (2016-2027)
2.2 Tokenization Growth Trends by Regions
2.2.1 Tokenization Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Tokenization Historic Market Share by Regions (2016-2021)
2.2.3 Tokenization Forecasted Market Size by Regions (2022-2027)
2.3 Tokenization Industry Dynamic
2.3.1 Tokenization Market Trends
2.3.2 Tokenization Market Drivers
2.3.3 Tokenization Market Challenges
2.3.4 Tokenization Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Tokenization Players by Revenue
3.1.1 Global Top Tokenization Players by Revenue (2016-2021)
3.1.2 Global Tokenization Revenue Market Share by Players (2016-2021)
3.2 Global Tokenization Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Tokenization Revenue
3.4 Global Tokenization Market Concentration Ratio
3.4.1 Global Tokenization Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Tokenization Revenue in 2020
3.5 Tokenization Key Players Head office and Area Served
3.6 Key Players Tokenization Product Solution and Service
3.7 Date of Enter into Tokenization Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Tokenization Breakdown Data by Type
4.1 Global Tokenization Historic Market Size by Type (2016-2021)
4.2 Global Tokenization Forecasted Market Size by Type (2022-2027)
5 Tokenization Breakdown Data by Application
5.1 Global Tokenization Historic Market Size by Application (2016-2021)
5.2 Global Tokenization Forecasted Market Size by Application (2022-2027)
6 North America
6.1 North America Tokenization Market Size (2016-2027)
6.2 North America Tokenization Market Size by Type
6.2.1 North America Tokenization Market Size by Type (2016-2021)
6.2.2 North America Tokenization Market Size by Type (2022-2027)
6.2.3 North America Tokenization Market Size by Type (2016-2027)
6.3 North America Tokenization Market Size by Application
6.3.1 North America Tokenization Market Size by Application (2016-2021)
6.3.2 North America Tokenization Market Size by Application (2022-2027)
6.3.3 North America Tokenization Market Size by Application (2016-2027)
6.4 North America Tokenization Market Size by Country
6.4.1 North America Tokenization Market Size by Country (2016-2021)
6.4.2 North America Tokenization Market Size by Country (2022-2027)
6.4.3 United States
6.4.4 Canada
7 Europe
7.1 Europe Tokenization Market Size (2016-2027)
7.2 Europe Tokenization Market Size by Type
7.2.1 Europe Tokenization Market Size by Type (2016-2021)
7.2.2 Europe Tokenization Market Size by Type (2022-2027)
7.2.3 Europe Tokenization Market Size by Type (2016-2027)
7.3 Europe Tokenization Market Size by Application
7.3.1 Europe Tokenization Market Size by Application (2016-2021)
7.3.2 Europe Tokenization Market Size by Application (2022-2027)
7.3.3 Europe Tokenization Market Size by Application (2016-2027)
7.4 Europe Tokenization Market Size by Country
7.4.1 Europe Tokenization Market Size by Country (2016-2021)
7.4.2 Europe Tokenization Market Size by Country (2022-2027)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic
8 Asia-Pacific
8.1 Asia-Pacific Tokenization Market Size (2016-2027)
8.2 Asia-Pacific Tokenization Market Size by Type
8.2.1 Asia-Pacific Tokenization Market Size by Type (2016-2021)
8.2.2 Asia-Pacific Tokenization Market Size by Type (2022-2027)
8.2.3 Asia-Pacific Tokenization Market Size by Type (2016-2027)
8.3 Asia-Pacific Tokenization Market Size by Application
8.3.1 Asia-Pacific Tokenization Market Size by Application (2016-2021)
8.3.2 Asia-Pacific Tokenization Market Size by Application (2022-2027)
8.3.3 Asia-Pacific Tokenization Market Size by Application (2016-2027)
8.4 Asia-Pacific Tokenization Market Size by Region
8.4.1 Asia-Pacific Tokenization Market Size by Region (2016-2021)
8.4.2 Asia-Pacific Tokenization Market Size by Region (2022-2027)
8.4.3 China
8.4.4 Japan
8.4.5 South Korea
8.4.6 Southeast Asia
8.4.7 India
8.4.8 Australia
9 Latin America
9.1 Latin America Tokenization Market Size (2016-2027)
9.2 Latin America Tokenization Market Size by Type
9.2.1 Latin America Tokenization Market Size by Type (2016-2021)
9.2.2 Latin America Tokenization Market Size by Type (2022-2027)
9.2.3 Latin America Tokenization Market Size by Type (2016-2027)
9.3 Latin America Tokenization Market Size by Application
9.3.1 Latin America Tokenization Market Size by Application (2016-2021)
9.3.2 Latin America Tokenization Market Size by Application (2022-2027)
9.3.3 Latin America Tokenization Market Size by Application (2016-2027)
9.4 Latin America Tokenization Market Size by Country
9.4.1 Latin America Tokenization Market Size by Country (2016-2021)
9.4.2 Latin America Tokenization Market Size by Country (2022-2027)
9.4.3 Mexico
9.4.4 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Tokenization Market Size (2016-2027)
10.2 Middle East & Africa Tokenization Market Size by Type
10.2.1 Middle East & Africa Tokenization Market Size by Type (2016-2021)
10.2.2 Middle East & Africa Tokenization Market Size by Type (2022-2027)
10.2.3 Middle East & Africa Tokenization Market Size by Type (2016-2027)
10.3 Middle East & Africa Tokenization Market Size by Application
10.3.1 Middle East & Africa Tokenization Market Size by Application (2016-2021)
10.3.2 Middle East & Africa Tokenization Market Size by Application (2022-2027)
10.3.3 Middle East & Africa Tokenization Market Size by Application (2016-2027)
10.4 Middle East & Africa Tokenization Market Size by Country
10.4.1 Middle East & Africa Tokenization Market Size by Country (2016-2021)
10.4.2 Middle East & Africa Tokenization Market Size by Country (2022-2027)
10.4.3 Turkey
10.4.4 Saudi Arabia
10.4.5 UAE
11 Key Players Profiles
11.1 Thales
11.1.1 Thales Company Details
11.1.2 Thales Business Overview
11.1.3 Thales Tokenization Introduction
11.1.4 Thales Revenue in Tokenization Business (2016-2021)
11.1.5 Thales Recent Development
11.2 American Express
11.2.1 American Express Company Details
11.2.2 American Express Business Overview
11.2.3 American Express Tokenization Introduction
11.2.4 American Express Revenue in Tokenization Business (2016-2021)
11.2.5 American Express Recent Development
11.3 Hewlett-Packard Enterprises
11.3.1 Hewlett-Packard Enterprises Company Details
11.3.2 Hewlett-Packard Enterprises Business Overview
11.3.3 Hewlett-Packard Enterprises Tokenization Introduction
11.3.4 Hewlett-Packard Enterprises Revenue in Tokenization Business (2016-2021)
11.3.5 Hewlett-Packard Enterprises Recent Development
11.4 Lookout (CipherCloud)
11.4.1 Lookout (CipherCloud) Company Details
11.4.2 Lookout (CipherCloud) Business Overview
11.4.3 Lookout (CipherCloud) Tokenization Introduction
11.4.4 Lookout (CipherCloud) Revenue in Tokenization Business (2016-2021)
11.4.5 Lookout (CipherCloud) Recent Development
11.5 Futurex
11.5.1 Futurex Company Details
11.5.2 Futurex Business Overview
11.5.3 Futurex Tokenization Introduction
11.5.4 Futurex Revenue in Tokenization Business (2016-2021)
11.5.5 Futurex Recent Development
11.6 Protegrity
11.6.1 Protegrity Company Details
11.6.2 Protegrity Business Overview
11.6.3 Protegrity Tokenization Introduction
11.6.4 Protegrity Revenue in Tokenization Business (2016-2021)
11.6.5 Protegrity Recent Development
11.7 TokenEx
11.7.1 TokenEx Company Details
11.7.2 TokenEx Business Overview
11.7.3 TokenEx Tokenization Introduction
11.7.4 TokenEx Revenue in Tokenization Business (2016-2021)
11.7.5 TokenEx Recent Development
11.8 Fiserv
11.8.1 Fiserv Company Details
11.8.2 Fiserv Business Overview
11.8.3 Fiserv Tokenization Introduction
11.8.4 Fiserv Revenue in Tokenization Business (2016-2021)
11.8.5 Fiserv Recent Development
11.9 Global Payments
11.9.1 Global Payments Company Details
11.9.2 Global Payments Business Overview
11.9.3 Global Payments Tokenization Introduction
11.9.4 Global Payments Revenue in Tokenization Business (2016-2021)
11.9.5 Global Payments Recent Development
11.10 Visa (CyberSource)
11.10.1 Visa (CyberSource) Company Details
11.10.2 Visa (CyberSource) Business Overview
11.10.3 Visa (CyberSource) Tokenization Introduction
11.10.4 Visa (CyberSource) Revenue in Tokenization Business (2016-2021)
11.10.5 Visa (CyberSource) Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Reason to Buy
- Current and future of Service & Software Market outlook in the developed and emerging markets
- Highlights key business priorities in order to assist companies to realign their business strategies
- The segment that is expected to dominate the Service & Software Market
- Regions that are expected to witness the fastest growth during the forecast period
- Identify the latest developments, Service & Software Market shares, and strategies employed by the major market players
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Service & Software Market
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets