Tokenization - Global Market Trajectory & Analytics

Global Tokenization Market to Reach $4 Billion by 2027

Amid the COVID-19 crisis, the global market for Tokenization estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$4 Billion by 2027, growing at a CAGR of 19.1% over the period 2020-2027. Solution, one of the segments analyzed in the report, is projected to record 17.7% CAGR and reach US$2.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Service segment is readjusted to a revised 21.3% CAGR for the next 7-year period.



The U.S. Market is Estimated at $346.8 Million, While China is Forecast to Grow at 18.9% CAGR

The Tokenization market in the U.S. is estimated at US$346.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$702.3 Million by the year 2027 trailing a CAGR of 18.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.5% and 16.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR.

Select Competitors (Total 41 Featured):

• Bluefin Payment Systems
• Carta Worldwide
• Ciphercloud, Inc.
• Discover Financial Services
• First Data Corporation
• Fiserv, Inc.
• Futurex
• Gemalto NV
• Ingenico Epayments
• IP Solutions International Pty Limited (IPSI)
• Liaison Technologies
• MasterCard, Inc.
• Merchant Link
• Micro Focus International PLC
• Protegrity USA, Inc.
• Rambus, Inc.
• Sequent Software, Inc.
• Shift4 Company (POSitouch)
• Symantec Corporation
• Thales E-Security, Inc.
• Tokenex
• VeriFone Systems, Inc.
• Visa, Inc.
• WEX, Inc.
• Worldpay, LLC