Global Tokenization Market Outlook 2025, Global Opportunity And Growth Analysis
This report focuses on the Tokenization Market in Global market, especially in United States, China, South Korea, United Kingdom, Southeast Asia and India. This report categorizes the market based on manufacturers, countries, type and application.
(EMAILWIRE.COM, September 14, 2018 ) 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 encrypting data that is sensitive to unique identification symbols. This process then retains all the information that is necessary that is in a format that allows the information’s security to not be compromised. Tokenization is beneficial as it makes it more difficult for individuals to breach security and hack the system to gain user data. The advantages of tokenization include the ability to secure sensitive data, PCI scope, compatibility with other technologies, reduction of data loss and overall internal protection.
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As there is Increase in credit card fraudulent activities, there is a rise in the demand for payment security. Payment security can encompass several components such as contactless payments and tokenization-as-a-service model. These factors increase the market size for tokenization. Issues such as budget constraints, poor knowledge about security tokens among the end user and the competition that tokenization faces against traditional IT systems are restraining the overall market growth for tokenization.
Competitive Landscape:
The major players in the market are as follows:
Tokenex, LLC
Paymetric, Inc.
Liaison Technologies, Inc.
Futurex
Hewlett Packard Enterprise
Ciphercloud
Symantec Corporation
First Data Corporation
Gemalto NV
Cardconnect Corp.
Cybersource
Thales E-Security, Inc.
Protegrity Usa, Inc.
3delta Systems, Inc.
Fiserv, Inc.
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About Us:
Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
Contact Information:
Verified Market Research
Contact Person: Ankush
Tel: +1650781 4080
Email us: sales@verifiedmarketresearch.com
Tokenization is the process of encrypting data that is sensitive to unique identification symbols. This process then retains all the information that is necessary that is in a format that allows the information’s security to not be compromised. Tokenization is beneficial as it makes it more difficult for individuals to breach security and hack the system to gain user data. The advantages of tokenization include the ability to secure sensitive data, PCI scope, compatibility with other technologies, reduction of data loss and overall internal protection.
Download Sample Copy@http://bit.ly/2MmNaYZ
As there is Increase in credit card fraudulent activities, there is a rise in the demand for payment security. Payment security can encompass several components such as contactless payments and tokenization-as-a-service model. These factors increase the market size for tokenization. Issues such as budget constraints, poor knowledge about security tokens among the end user and the competition that tokenization faces against traditional IT systems are restraining the overall market growth for tokenization.
Competitive Landscape:
The major players in the market are as follows:
Tokenex, LLC
Paymetric, Inc.
Liaison Technologies, Inc.
Futurex
Hewlett Packard Enterprise
Ciphercloud
Symantec Corporation
First Data Corporation
Gemalto NV
Cardconnect Corp.
Cybersource
Thales E-Security, Inc.
Protegrity Usa, Inc.
3delta Systems, Inc.
Fiserv, Inc.
Ask for discount @ http://bit.ly/2x9TOfl
About Us:
Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
Contact Information:
Verified Market Research
Contact Person: Ankush
Tel: +1650781 4080
Email us: sales@verifiedmarketresearch.com
Contact Information:
Verified Market Research
Amaan Kazi
Tel: +1 (650) 781 4080
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Verified Market Research
Amaan Kazi
Tel: +1 (650) 781 4080
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results