Global and United States Tokenization Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States Tokenization Market
This report focuses on global and United States Tokenization market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Tokenization market size is estimated to be worth US$ 1301.6 million in 2022 and is forecast to a readjusted size of US$ 2709.9 million by 2028 with a CAGR of 13.0% during the review period. Fully considering the economic change by this health crisis, by Type, Service Tokenization accounting for % of the Tokenization global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, BFSI was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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%.
Global Tokenization Scope and Market Size
Tokenization market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Tokenization market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Tokenization market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Service Tokenization
Software Tokenization
Segment by Application
BFSI
IT, Telecom and Media
Healthcare and Pharma
Government and Defense
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Thales
American Express
Hewlett-Packard Enterprises
Lookout (CipherCloud)
Futurex
Protegrity
TokenEx
Fiserv
Global Payments
Visa (CyberSource)