Tokenization Market Size, Share, Development Status, Top Manufacturers, And Forecasts
Tokenization Market size was valued at US$ 1.90 Bn. in 2020 and is expected to grow at a CAGR of 19.5% through 2021 to 2027. North America Region leads the Global Tokenization Market by 2027.
Tokenization Market Overview:
A new research document titled, “ Tokenization Market” is released by MMR. The market study is a cautious attempt of the industry with strategic steps to the targets of the business environment and the ones that are tried to have an essential impression on the progression of the Tokenization market. AMA recognizes the following companies as the major players in the Tokenization market which include.
In this research, we discuss all market aspects. Positive aspects, constraints, possibilities, and prolems are all discussed in depth in the paper, and all data is gathered from press releases and yearly reports. The goal of the study is to propose a patent-based strategy for finding possible technology partners as a tool for encouraging open innovation. The report's market share research and comparison of the leading players allow users to take additional steps in their organization's growth or improvement.
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Tokenization Market Segmentation:
Segmentation of the global Tokenization market by application, provider, end user, and region. By End User, retail and consumer goods held a xx% market share of the global market in 2021 and are anticipated to maintain their dominance over the forecast period. Blockchain technology is being adopted by the retail and consumer products sectors to improve supply chain traceability, security, and transparency. Due to the significant adoption of blockchain technology for payments and settlement, product traceability, and counterfeit detection in the logistics end user group, the retail and consumer end user segment comes in second. Over the course of the projected period, the application and solution provider sector is anticipated to have a commanding market share with xx%.
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Tokenization Market Key Players:
• Gemalto NV • Futurex • CipherCloud, Inc. • Symantec Corporation • Hewlett Packard Enterprise Development L.P. • Protegrity USA, Inc. • TokenEx • First Data Corporation • Fiserv • Micro Focus • Visa • WEX • Thales e-Security, Inc. • Worldpay • CyberSource Corporation • Dell Technologies • Liaison Technologies • Protegrity • Bluefin • Sequent Software • Discover Financial Services • Carta Worldwide • Merchant Link • Ingenico ePayments • Rambus • Mastercard • Verifone • IP Solution International
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia, South Korea )
Latin America (Brazil, Mexico, Argentina, Chile)
Middle East & Africa (South Africa, Egypt, and Saudi Arabia)
The Tokenization market is very focused because of the nearness of many key organizations. The main Players are focusing on presenting new products/services and are constantly upgrading their existing offerings to keep pace with the overall industry.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Tokenization market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Tokenization market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally, the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting a prior appointment by targeting a key target audience that includes.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, Annual reports, press releases, etc.
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