Tokenization Market to grow by USD 3.60 Bn to grow by 2026, Rising number of online transactions to boost market growth -Technavio
NEW YORK, Oct. 17, 2022 /PRNewswire/ -- Technavio has been monitoring the tokenization market, operating under the Information Technology market. The report estimates the market to register an incremental growth of USD 3.60 bn, at a CAGR of 22.49% during the forecast period.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. American Express Co., Fiserv Inc., Futurex, HelpSystems, Lookout Inc., Mastercard Inc., MEAWALLET, Micro Focus International Plc, Thales Trusted Cyber Technologies, and Visa Inc. are among some of the major market participants.
The rising number of online transactions has been instrumental in driving the growth of the market. However, System integration and interoperability issues might hamper the market growth. Request Free Sample Report.
Tokenization Market Segmentation
Based on geographic segmentation, 37% of the market's originated from North America during the forecast period. In addition, on-premise led the growth under the deployment segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the superfood powders market size.
- Deployment
- Geography
- North America
- Europe
- APAC
- South America
- MEA
The research provides a current review of the market's geographic distribution. Given its recent rapid growth, North America is anticipated to present a number of chances for market vendors to expand over the forecast period. Over the projected period, increasing the use of wireless networks will support the expansion of the tokenization market in North America. Buy Sample Report.
Tokenization Market Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The tokenization market report covers the following areas:
- Tokenization Market Size
- Tokenization Market Trends
- Tokenization Market Industry Analysis
This study identifies the rising number of online transactions as one of the prime reasons driving the Tokenization Market growth during the next few years. Download Free Sample Report.
Tokenization Market Key Highlights
- CAGR of the market during the forecast period
- Detailed information on factors that will assist tokenization market growth during the next five years
- Estimation of the tokenization market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the tokenization market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of the tokenization market vendors
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Tokenization Market Scope | |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 22.49% |
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Market growth 2022-2026 |
$3.60 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
21.67 |
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Regional analysis |
North America, Europe, APAC, South America, and MEA |
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Performing market contribution |
North America at 37% |
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Key consumer countries |
US, China, UK, Germany, and Japan |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
American Express Co., Fiserv Inc., Futurex, HelpSystems, Lookout Inc., Mastercard Inc., MEAWALLET, Micro Focus International Plc, Thales Trusted Cyber Technologies, and Visa Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment
- On-premise - Market size and forecast 2021-2026
- Cloud - Market size and forecast 2021-2026
- Market opportunity by Deployment
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2021-2026
- Europe - Market size and forecast 2021-2026
- APAC - Market size and forecast 2021-2026
- South America - Market size and forecast 2021-2026
- MEA - Market size and forecast 2021-2026
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- American Express Co.
- Fiserv Inc.
- Futurex
- HelpSystems
- Lookout Inc.
- Mastercard Inc.
- MEAWALLET
- Micro Focus International Plc
- Thales Trusted Cyber Technologies
- Visa Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
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Email: media@technavio.com
Website: www.technavio.com/
SOURCE Technavio
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