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Report Scope & Overview:

Tokenization Market is anticipated to develop at a CAGR of 25.1% from 2023 to 2030, from an estimated value of USD 2.31 billion in 2022 to USD 13.85 billion in 2030.

The growing need to ensure a seamless customer experience and maintain high levels of fraud prevention is a significant driver of market revenue growth. Financial frauds are on the rise worldwide, making it crucial for businesses to prioritize these areas. According to a study conducted among more than 5,000 individuals in 98 countries, 46.3% of respondents reported experiencing some form of fraud within a 24-month period. On average, organizations faced six incidents, resulting in a staggering cost of USD 42 billion. These incidents encompassed various types of fraud, including customer fraud, cybercrime, asset theft, and bribery & corruption. Surprisingly, only 54% of respondents stated that their organizations investigated their worst occurrence, and just over a third disclosed it to their boards. This highlights the need for businesses to take a proactive approach to addressing fraud incidents. To safeguard their data and that of their customers, merchants must employ advanced and cutting-edge fraud protection techniques.

Tokenization Market Revenue Analysis

Market Dynamics

Drivers

  • The surge in both simple and complex digital payments has significantly propelled the growth of the industry.

  • Reducing the possibility of data breaches through tokenization

Criminals target companies that accept credit and debit cards because the data contained in payments contains a wealth of intelligence. Businesses can effectively mitigate the detrimental financial consequences of data theft by implementing tokenization. This innovative technique ensures that there is no valuable personal data available for malicious individuals to exploit, even in the unfortunate event of a breach. By eliminating the physical storage of credit card details within point-of-sale (POS) terminals and internal systems, credit card tokenization significantly bolsters the security of online businesses' data throughout the entire process, from data capture to storage.

Restrains

  • Increasing complexity of tokenization and fraud prevention implementation

Opportunities

  • The demand for cloud-based tokenization solutions and services is on the rise.

Cloud-based tokenization involves the exchange of sensitive data for a non-sensitive placeholder known as a token. The original sensitive data is securely stored outside of the organization's internal systems. This method is not only more affordable and easier to integrate compared to traditional on-premises tokenization, but it also reduces the risk and compliance scope for organizations by removing sensitive data from their data environments.

Challenges

  • Inadequate management and a skilled labor shortage while developing a user adoption procedure

Impact of the Russia-Ukraine  

Governments tend to increase their scrutiny of financial markets during times of crisis. Depending on how the Russia-Ukraine conflict unfolds, governments may enact new regulations or restrictions on tokenization and cryptocurrency trading. This could impact the market's ease of use and accessibility. In times of geopolitical uncertainty, some investors turn to cryptocurrencies like Bitcoin as a "safe-haven" asset, similar to gold. If the conflict escalates or if there's a loss of confidence in traditional financial systems, cryptocurrencies might see increased demand. Geopolitical conflicts can lead to heightened cybersecurity risks. Hacking attempts and cyberattacks against cryptocurrency exchanges and tokenization platforms may increase. Security becomes a top concern for both users and service providers. If the conflict affects regions that are home to significant blockchain and cryptocurrency mining operations, there could be disruptions in the supply chain for mining hardware. This might impact the overall network security and the availability of new tokens. Geopolitical conflicts can have far-reaching economic consequences. These can affect overall market sentiment and investment behavior, potentially impacting the tokenization market.

Impact of Recession

In times of economic uncertainty, investors often seek alternative assets that are less correlated with traditional markets like stocks and bonds. Tokenized assets, such as real estate or art, can become more appealing as they offer diversification. This could lead to increased demand for tokenized assets and drive growth in the tokenization market. During a recession, individuals and businesses may face liquidity challenges. Tokenization can provide a way to unlock the value of illiquid assets, like real estate, by dividing them into smaller, more easily tradable tokens. This liquidity enhancement could see increased adoption. On the flip side, if the recession is severe, it could lead to reduced investment in new projects and ventures, including those involving tokenization. Startups and companies looking to tokenize assets may struggle to secure funding, slowing down the growth of the tokenization market. Governments may enact new regulations or amend existing ones in response to economic crises. These regulations could impact the tokenization market by either providing a supportive framework or adding compliance costs and barriers to entry.

Key Market Segmentation

By Component

  • Solution

  • Services

By Deployment

  • Cloud

  • On-premises

By Application Area

  • Payment Security

  • User Authentication

  • Compliance Management

  • Others

By Services

  • Professional Services

  • Managed Services

By Technology

  • Application Programming Interface-based

  • Gateway-based

By Industry Vertical

  • BFSI

  • Healthcare

  • IT

  • Government

  • Retail And E-Commerce

  • Energy & Utilities

  • Other

Tokenization Market Segmentation Analysis

The BFSI sub-segment is projected to have the largest market size in the forecast period. Within the verticals, the Banking, Financial Services, and Insurance (BFSI) sub-segment holds the highest share. This particular vertical is a prime target for cybercriminals due to its involvement with financial transactions. Consequently, the BFSI sector is constantly seeking advanced payment security products and services to safeguard its employees, customers, assets, offices, branches, and operations. As a result, these vertical plays a significant role in driving the growth of the tokenization market.

The on-premises deployment segment dominated the market, accounting for over 61.0% of the total revenue. This segment is highly favored because it allows the entire tokenization process to be carried out on the device itself, without any data being transmitted elsewhere. It is particularly popular in portable devices such as mobile phones. On the other hand, the cloud deployment segment is projected to experience the highest compound annual growth rate (CAGR) of 26.58% during the forecast period. In this deployment segment, the tokenization process necessitates a live connection with the cloud, where token verification is often performed. The surge in cloud-based payments and the handling of sensitive data are driving the growth of this segment. It is important to note that tokenization in this deployment segment requires an active internet connection to establish a link with the cloud.

Regional Analysis

The North American region accounted for the largest revenue share, surpassing 36.0% in 2021. This region has experienced the highest rate of adoption of digital technologies, making it a thriving market. It is worth noting that a significant number of Americans rely on online payment methods for their transactions. Additionally, market trends in North America, such as the emergence of buy now pay later options for cryptocurrencies, have greatly influenced the regional market's growth.

Future growth for the APAC tokenization market is predicted to be significant. One of the world's regions with the quickest growth rates is Asia Pacific. Due to the quick uptake of tokenization technologies, it is anticipated to be the market with the fastest growth. The tokenization business is dominated by China and Japan, two of the region's most technologically proficient nations. Asia Pacific economies are experiencing rapid growth in greater payment innovation, particularly in eCommerce, as a result of rising technology advancements, increasing internet and smartphone usage, and the expanding presence of many firms. For online purchases both within and outside of their own countries, consumers throughout the region employ a variety of payment options. As a result, Asia Pacific businesses are dealing with an increase in demand for secure payment options.

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

Rest of Latin America

Key Players:

The major players are MasterCard, Inc., CardConnect, Micro Focus International plc, Visa, Inc., TokenEx, American Express Company, Fiserv, Inc., Thales Group, HelpSystems, Lookout, FIS, Futurex, and others in the final report.

MasterCard, Inc-Company Financial Analysis

Recent development

American Express and Goldman Sachs will work together in October 2021 to offer cloud-based payment solutions to major business clients. American Express would use the Transaction Banking (TxB) technology from Goldman Sachs to offer a variety of payment methods, making B2B transactions for big businesses simpler and more effective.

Leading cryptocurrency intelligence firm CipherTrace was purchased by Mastercard in September 2021. Businesses would have more transparency to assist them spot dangers thanks to CipherTrace's digital assets integrated with Mastercard's cybersecurity solutions.

Voltage SecureData was integrated with Amazon Macie in June 2021 thanks to a partnership between Micro Focus and Amazon Web Services (AWS). Through this integration, AWS customers received automatic risk mitigation, reducing their exposure to breaches and facilitating compliance with data protection laws.

Tokenization Market Report Scope
Report Attributes Details
Market Size in 2022  US$ 2.31 Bn
Market Size by 2030  US$ 13.85 Bn
CAGR   CAGR of 25.1 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Component (Solution, Services)
• By Deployment (Cloud, On-premises)
• By Application Area (Payment Security, User Authentication, Compliance Management, Others)
• By Services (Professional Services, Managed Services)
• By Technology (Application Programming Interface-based, Gateway-based)
• By Industry Vertical (BFSI, Healthcare, IT, Government, Retail and E-Commerce, Energy & Utilities, Other)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles MasterCard, Inc., CardConnect, Micro Focus International plc, Visa, Inc., TokenEx, American Express Company, Fiserv, Inc., Thales Group, HelpSystems, Lookout, FIS, Futurex
Key Drivers • The surge in both simple and complex digital payments has significantly propelled the growth of the industry.
• Reducing the possibility of data breaches through tokenization
Market Restraints • Increasing complexity of tokenization and fraud prevention implementation

 

Frequently Asked Questions

Ans: The market is expected to grow to USD 13.85 billion by the forecast period of 2030.

Ans. The CAGR of the Tokenization Market for the forecast period 2022-2030 is 25.1%.

Ans: There are three options available to purchase this report,

A. Single User License USD 4650

Features: A non-printable PDF to be accessed by just one user at a time

1.         No Excel would be delivered along with the PDF

2.         1 complimentary analyst briefing session of 30 minutes to be provided post-purchase and delivery of the study

3.         1 complimentary update to be provided after 6 months of purchase

4.         Additional 80 analyst hours of free customization to add extra slices of information that might be missing from the study

 

B. Enterprise User License: USD 6,450

Features:

1.         A printable/ sharable and downloadable PDF

2.         No limit over the number of users

3.         An Excel spreadsheet would be delivered along with the PDF

4.         2 complimentary analyst briefing sessions of 30 minutes each to be provided post-purchase and delivery of the study

5.         2 complimentary updates to be provided within 1 year of purchase

6.         Additional 100 analyst hours of free customization to add extra slices of information that might be missing from the study.

 

C: Excel Datasheet: USD 2,325

1.  ME sheet is provided in Excel format.

2.         1 complimentary analyst briefing session of 30 minutes to be provided post-purchase and delivery of the study

Ans:  North American region is dominating the Tokenization Market

Ans. The major players are MasterCard, Inc., CardConnect, Micro Focus International plc, Visa, Inc., Fiserv, Inc., Thales Group, HelpSystems, Lookout, FIS, Futurex, and others in the final report.

Table of Contents
1. Introduction

1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Tokenization Market Segmentation, By Component
8.1 Solution
8.2 Services
 

9. Tokenization Market Segmentation, By Deployment
9.1 Cloud
9.2 On-premises
 

10. Tokenization Market Segmentation, By Application Area
10.1 Payment Security
10.2 User Authentication
10.3 Compliance Management
10.4 Others
 

11. Tokenization Market Segmentation, By Services
11.1 Professional Services
11.2 Managed Services
 

12. Tokenization Market Segmentation, By Technology
12.1 Application Programming Interface-based
12.2 Gateway-based
 

13. Tokenization Market Segmentation, By Industry Vertical
13.1 BFSI
13.2 Healthcare
13.3 IT
13.4 Government
13.5 Retail and E-Commerce
13.6 Energy & Utilities
13.7 Other
 

14. Regional Analysis
14.1 Introduction
14.2 North America
14.2.1 North America Tokenization Market By Country
14.2.2 North America Tokenization Market By Component
14.2.3 North America Tokenization Market By Deployment
14.2.4 North America Tokenization Market By Application Area
14.2.5 North America Tokenization Market By Services
14.2.6 North America Tokenization Market By Technology
14.2.7 North America Tokenization Market By Industry Vertical
14.2.8 USA
14.2.8.1 USA Tokenization Market By Component
14.2.8.2 USA Tokenization Market By Deployment
14.2.8.3 USA Tokenization Market By Application Area
14.2.8.4 USA Tokenization Market By Services
14.2.8.5 USA Tokenization Market By Technology
14.2.8.6 USA Tokenization Market By Industry Vertical
14.2.9 Canada
14.2.9.1 Canada Tokenization Market By Component
14.2.9.2 Canada Tokenization Market By Deployment
14.2.9.3 Canada Tokenization Market By Application Area
14.2.9.4 Canada Tokenization Market By Services
14.2.9.5 Canada Tokenization Market By Technology
14.2.9.6 Canada Tokenization Market By Industry Vertical
14.2.10 Mexico
14.2.10.1 Mexico Tokenization Market By Component
14.2.10.2 Mexico Tokenization Market By Deployment
14.2.10.3 Mexico Tokenization Market By Application Area
14.2.10.4 Mexico Tokenization Market By Services
14.2.10.5 Mexico Tokenization Market By Technology
14.2.10.6 Mexico Tokenization Market By Industry Vertical
14.3 Europe
14.3.1 Eastern Europe
14.3.1.1 Eastern Europe Tokenization Market By Country
14.3.1.2 Eastern Europe Tokenization Market By Component
14.3.1.3 Eastern Europe Tokenization Market By Deployment
14.3.1.4 Eastern Europe Tokenization Market By Application Area
14.3.1.5 Eastern Europe Tokenization Market By Services
14.3.1.6 Eastern Europe Tokenization Market By Technology
14.3.1.7 Eastern Europe Tokenization Market By Industry Vertical
13.3.1.8 Poland
14.3.1.8.1 Poland Tokenization Market By Component
14.3.1.8.2 Poland Tokenization Market By Deployment
14.3.1.8.3 Poland Tokenization Market By Application Area
14.3.1.8.4 Poland Tokenization Market By Services
14.3.1.8.5 Poland Tokenization Market By Technology
14.3.1.8.6 Poland Tokenization Market By Industry Vertical
14.3.1.9 Romania
14.3.1.9.1 Romania Tokenization Market By Component
14.3.1.9.2 Romania Tokenization Market By Deployment
14.3.1.9.3 Romania Tokenization Market By Application Area
14.3.1.9.4 Romania Tokenization Market By Services
14.3.1.9.5 Romania Tokenization Market By Technology
14.3.1.9.6 Romania Tokenization Market By Industry Vertical
14.3.1.10 Hungary
14.3.1.10.1 Hungary Tokenization Market By Component
14.3.1.10.2 Hungary Tokenization Market By Deployment
14.3.1.10.3 Hungary Tokenization Market By Application Area
14.3.1.10.4 Hungary Tokenization Market By Services
14.3.1.10.5 Hungary Tokenization Market By Technology
14.3.1.10.6 Hungary Tokenization Market By Industry Vertical
14.3.1.11 Turkey
14.3.1.11.1 Turkey Tokenization Market By Component
14.3.1.11.2 Turkey Tokenization Market By Deployment
14.3.1.11.3 Turkey Tokenization Market By Application Area
14.3.1.11.4 Turkey Tokenization Market By Services
14.3.1.11.5 Turkey Tokenization Market By Technology
14.3.1.11.6 Turkey Tokenization Market By Industry Vertical
14.3.1.12 Rest of Eastern Europe
14.3.1.12.1 Rest of Eastern Europe Tokenization Market By Component
14.3.1.12.2 Rest of Eastern Europe Tokenization Market By Deployment
14.3.1.12.3 Rest of Eastern Europe Tokenization Market By Application Area
14.3.1.12.4 Rest of Eastern Europe Tokenization Market By Services
14.3.1.12.5 Rest of Eastern Europe Tokenization Market By Technology
14.3.1.12.6 Rest of Eastern Europe Tokenization Market By Industry Vertical
14.3.2 Western Europe
14.3.2.1 Western Europe Tokenization Market By Country
14.3.2.2 Western Europe Tokenization Market By Component
14.3.2.3 Western Europe Tokenization Market By Deployment
14.3.2.4 Western Europe Tokenization Market By Application Area
14.3.2.5 Western Europe Tokenization Market By Services
14.3.2.6 Western Europe Tokenization Market By Technology
14.3.2.7 Western Europe Tokenization Market By Industry Vertical
14.3.2.8 Germany
14.3.2.8.1 Germany Tokenization Market By Component
14.3.2.8.2 Germany Tokenization Market By Deployment
14.3.2.8.3 Germany Tokenization Market By Application Area
14.3.2.8.4 Germany Tokenization Market By Services
14.3.2.8.5 Germany Tokenization Market By Technology
14.3.2.8.6 Germany Tokenization Market By Industry Vertical
14.3.2.9 France
14.3.2.9.1 France Tokenization Market By Component
14.3.2.9.2 France Tokenization Market By Deployment
14.3.2.9.3 France Tokenization Market By Application Area
14.3.2.9.4 France Tokenization Market By Services
14.3.2.9.5 France Tokenization Market By Technology
14.3.2.9.6 France Tokenization Market By Industry Vertical
14.3.2.10 UK
14.3.2.10.1 UK Tokenization Market By Component
14.3.2.10.2 UK Tokenization Market By Deployment
14.3.2.10.3 UK Tokenization Market By Application Area
14.3.2.10.4 UK Tokenization Market By Services
14.3.2.10.5 UK Tokenization Market By Technology
14.3.2.10.6 UK Tokenization Market By Industry Vertical
14.3.2.11 Italy
14.3.2.11.1 Italy Tokenization Market By Component
14.3.2.11.2 Italy Tokenization Market By Deployment
14.3.2.11.3 Italy Tokenization Market By Application Area
14.3.2.11.4 Italy Tokenization Market By Services
14.3.2.11.5 Italy Tokenization Market By Technology
14.3.2.11.6 Italy Tokenization Market By Industry Vertical
14.3.2.12 Spain
14.3.2.12.1 Spain Tokenization Market By Component
14.3.2.12.2 Spain Tokenization Market By Deployment
14.3.2.12.3 Spain Tokenization Market By Application Area
14.3.2.12.4 Spain Tokenization Market By Services
14.3.2.12.5 Spain Tokenization Market By Technology
14.3.2.12.6 Spain Tokenization Market By Industry Vertical
14.3.2.13 The Netherlands
14.3.2.13.1 Netherlands Tokenization Market By Component
14.3.2.13.2 Netherlands Tokenization Market By Deployment
14.3.2.13.3 Netherlands Tokenization Market By Application Area
14.3.2.13.4 Netherlands Tokenization Market By Services
14.3.2.13.5 Netherlands Tokenization Market By Technology
14.3.2.13.6 Netherlands Tokenization Market By Industry Vertical
14.3.2.14 Switzerland
14.3.2.14.1 Switzerland Tokenization Market By Component
14.3.2.14.2 Switzerland Tokenization Market By Deployment
14.3.2.14.3 Switzerland Tokenization Market By Application Area
14.3.2.14.4 Switzerland Tokenization Market By Services
14.3.2.14.5 Switzerland Tokenization Market By Technology
14.3.2.14.6 Switzerland Tokenization Market By Industry Vertical
14.3.2.15 Austria
14.3.2.15.1 Austria Tokenization Market By Component
14.3.2.15.2 Austria Tokenization Market By Deployment
14.3.2.15.3 Austria Tokenization Market By Application Area
14.3.2.15.4 Austria Tokenization Market By Services
14.3.2.15.5 Austria Tokenization Market By Technology
14.3.2.15.6 Austria Tokenization Market By Industry Vertical
14.3.2.16 Rest of Western Europe
14.3.2.16.1 Rest of Western Europe Tokenization Market By Component
14.3.2.16.2 Rest of Western Europe Tokenization Market By Deployment
14.3.2.16.3 Rest of Western Europe Tokenization Market By Application Area
14.3.2.16.4 Rest of Western Europe Tokenization Market By Services
14.3.2.16.5 Rest of Western Europe Tokenization Market By Technology
14.3.2.16.5 Rest of Western Europe Tokenization Market By Industry Vertical
14.4 Asia-Pacific
14.4.1 Asia Pacific Tokenization Market By Country
14.4.2 Asia Pacific Tokenization Market By Component
14.4.3 Asia Pacific Tokenization Market By Deployment
14.4.4 Asia Pacific Tokenization Market By Application Area
14.4.5 Asia Pacific Tokenization Market By Services
14.4.6 Asia Pacific Tokenization Market By Technology
14.4.7 Asia Pacific Tokenization Market By Industry Vertical
14.4.8 China
14.4.8.1 China Tokenization Market By Component
14.4.8.2 China Tokenization Market By Deployment
14.4.8.3 China Tokenization Market By Application Area
14.4.8.4 China Tokenization Market By Services
14.4.8.5 China Tokenization Market By Technology
14.4.8.6 China Tokenization Market By Industry Vertical
14.4.9 India
14.4.9.1 India Tokenization Market By Component
14.4.9.2 India Tokenization Market By Deployment
14.4.9.3 India Tokenization Market By Application Area
14.4.9.4 India Tokenization Market By Services
14.4.9.5 India Tokenization Market By Technology
14.4.9.6 India Tokenization Market  By Industry Vertical
14.4.10 Japan
14.4.10.1 Japan Tokenization Market By Component
14.4.10.2 Japan Tokenization Market By Deployment
14.4.10.3 Japan Tokenization Market By Application Area
14.4.10.4 Japan Tokenization Market By Services
14.4.10.5 Japan Tokenization Market By Technology
14.4.10.6 Japan Tokenization Market By Industry Vertical
14.4.11 South Korea
14.4.11.1 South Korea Tokenization Market By Component
14.4.11.2 South Korea Tokenization Market By Deployment
14.4.11.3 South Korea Tokenization Market By Application Area
14.4.11.4 South Korea Tokenization Market By Services
14.4.11.5 South Korea Tokenization Market By Technology
14.4.11.6 South Korea Digital Experience Platform By Industry Vertical
14.4.12 Vietnam
14.4.12.1 Vietnam Tokenization Market By Component
14.4.12.2 Vietnam Tokenization Market By Deployment
14.4.12.3 Vietnam Tokenization Market By Application Area
14.4.12.4 Vietnam Tokenization Market By Services
14.4.12.5 Vietnam Tokenization Market By Technology
14.4.12.6 Vietnam Tokenization Market By Industry Vertical
14.4.13 Singapore
14.4.13.1 Singapore Tokenization Market By Component
14.4.13.2 Singapore Tokenization Market By Deployment
14.4.13.3 Singapore Tokenization Market By Application Area
14.4.13.4 Singapore Tokenization Market By Services
14.4.13.5 Singapore Tokenization Market By Technology
14.4.13.6 Singapore Tokenization Market By Industry Vertical
14.4.14 Australia
14.4.14.1 Australia Tokenization Market By Component
14.4.14.2 Australia Tokenization Market By Deployment
14.4.14.3 Australia Tokenization Market By Application Area
14.4.14.4 Australia Tokenization Market By Services
14.4.14.5 Australia Tokenization Market By Technology
14.4.14.6 Australia Tokenization Market By Industry Vertical
14.4.15 Rest of Asia-Pacific
14.4.15.1 APAC Tokenization Market By Component
14.4.15.2 APAC Tokenization Market By Deployment
14.4.15.3 APAC Tokenization Market By Application Area
14.4.15.4 APAC Tokenization Market By Services
14.4.15.5 APAC Tokenization Market By Technology
14.4.15.6 APAC Tokenization Market By Industry Vertical
14.5 The Middle East & Africa
14.5.1 Middle East
14.5.1.1 Middle East Tokenization Market By country
14.5.1.2 Middle East Tokenization Market By Component
14.5.1.3 Middle East Tokenization Market By Deployment
14.5.1.4 Middle East Tokenization Market By Application Area
14.5.1.5 Middle East Tokenization Market By Services
14.5.1.6 Middle East Tokenization Market By Technology
14.5.1.7 Middle East Tokenization Market By Industry Vertical
14.5.1.8 UAE
14.5.1.8.1 UAE Tokenization Market By Component
14.5.1.8.2 UAE Tokenization Market By Deployment
14.5.1.8.3 UAE Tokenization Market By Application Area
14.5.1.8.4 UAE Tokenization Market By Services
14.5.1.8.5 UAE Tokenization Market By Technology
14.5.1.8.6 UAE Tokenization Market By Industry Vertical
14.5.1.9 Egypt
14.5.1.9.1 Egypt Tokenization Market By Component
14.5.1.9.2 Egypt Tokenization Market By Deployment
14.5.1.9.3 Egypt Tokenization Market By Application Area
14.5.1.9.4 Egypt Tokenization Market By Services
14.5.1.9.5 Egypt Tokenization Market By Technology
14.5.1.9.6 Egypt Tokenization Market By Industry Vertical
14.5.1.10 Saudi Arabia
14.5.1.10.1 Saudi Arabia Tokenization Market By Component
14.5.1.10.2 Saudi Arabia Tokenization Market By Deployment
14.5.1.10.3 Saudi Arabia Tokenization Market By Application Area
14.5.10.4 Saudi Arabia Tokenization Market By Services
14.5.10.5 Saudi Arabia Tokenization Market By Technology
14.5.10.6 Saudi Arabia Tokenization Market By Industry Vertical
14.5.1.11 Qatar
14.5.1.11.1 Qatar Tokenization Market By Component
14.5.1.11.2 Qatar Tokenization Market By Deployment
14.5.1.11.3 Qatar Tokenization Market By Application Area
14.5.1.11.4 Qatar Tokenization Market By Services
14.5.1.11.5 Qatar Tokenization Market By Technology
14.5.1.11.6 Qatar Tokenization Market By Industry Vertical
14.5.1.12 Rest of Middle East
14.5.1.12.1 Rest of Middle East Tokenization Market By Component
14.5.1.12.2 Rest of Middle East Tokenization Market By Deployment
14.5.1.12.3 Rest of Middle East Tokenization Market By Application Area
14.5.1.12.4 Rest of Middle East Tokenization Market By Services
14.5.1.12.5 Rest of Middle East Tokenization Market By Technology
14.5.1.12.6 Rest of Middle East Tokenization Market By Industry Vertical
14.5.2 Africa
14.5.2.1 Africa Tokenization Market By Country
14.5.2.2 Africa Tokenization Market By Component
14.5.2.3 Africa Tokenization Market By Deployment
14.5.2.4 Africa Tokenization Market By Application Area
14.5.2.5 Africa Tokenization Market By Services
14.5.2.6 Africa Tokenization Market By Technology
14.5.2.7 Africa Tokenization Market By Industry Vertical
14.5.2.8 Nigeria
14.5.2.8.1 Nigeria Tokenization Market By Component
14.5.2.8.2 Nigeria Tokenization Market By Deployment
14.5.2.8.3 Nigeria Tokenization Market By Application Area
14.5.2.8.4 Nigeria Tokenization Market By Services
14.5.2.8.5 Nigeria Tokenization Market By Technology
14.5.2.8.6 Nigeria Tokenization Market By Industry Vertical
14.5.2.9 South Africa
14.5.2.9.1 South Africa Tokenization Market By Component
14.5.2.9.2 South Africa Tokenization Market By Deployment
14.5.2.9.3 South Africa Tokenization Market By Application Area
14.5.2.9.4 South Africa Tokenization Market By Services
14.5.2.9.5 South Africa Tokenization Market By Technology
14.5.2.9.6 South Africa Tokenization Market By Industry Vertical
14.5.2.10 Rest of Africa
14.5.2.10.1 Rest of Africa Tokenization Market By Component
14.5.2.10.2 Rest of Africa Tokenization Market By Deployment
14.5.2.10.3 Rest of Africa Tokenization Market By Application Area
14.5.2.10.4 Rest of Africa Tokenization Market By Services
14.5.2.10.5 Rest of Africa Tokenization Market By Technology
14.5.2.10.6 Rest of Africa Tokenization Market By Industry Vertical
14.6 Latin America
14.6.1 Latin America Tokenization Market By Country
14.6.2 Latin America Tokenization Market By Component
14.6.3 Latin America Tokenization Market By Deployment
14.6.4 Latin America Tokenization Market By Application Area
14.6.5 Latin America Tokenization Market By Services
14.6.6 Latin America Tokenization Market By Technology
14.6.7 Latin America Tokenization Market By Industry Vertical
14.6.8 Brazil
14.6.8.1 Brazil Tokenization Market By Component
14.6.8.2 Brazil Africa Tokenization Market By Deployment
14.6.8.3Brazil Tokenization Market By Application Area
14.6.8.4 Brazil Tokenization Market By Services
14.6.8.5 Brazil Tokenization Market By Technology
14.6.8.5 Brazil Tokenization Market By Industry Vertical
14.6.9 Argentina
14.6.9.1 Argentina Tokenization Market By Component
14.6.9.2 Argentina Tokenization Market By Deployment
14.6.9.3 Argentina Tokenization Market By Application Area
14.6.9.4 Argentina Tokenization Market By Services
14.6.9.5 Argentina Tokenization Market By Technology
14.6.9.6 Argentina Tokenization Market By Industry Vertical
14.6.10 Colombia
14.6.10.1 Colombia Tokenization Market By Component
14.6.10.2 Colombia Tokenization Market By Deployment
14.6.10.3 Colombia Tokenization Market By Application Area
14.6.10.4 Colombia Tokenization Market By Services
14.6.10.5 Colombia Tokenization Market By Technology
14.6.10.6 Colombia Tokenization Market By Industry Vertical
14.6.11 Rest of Latin America
14.6.11.1 Rest of Latin America Tokenization Market By Component
14.6.11.2 Rest of Latin America Tokenization Market By Deployment
14.6.11.3 Rest of Latin America Tokenization Market By Application Area
14.6.11.4 Rest of Latin America Tokenization Market By Services
14.6.11.5 Rest of Latin America Tokenization Market By Technology
14.6.11.6 Rest of Latin America Tokenization Market By Industry Vertical

15 Company Profile
15.1 MasterCard, Inc.
15.1.1 Company Overview
15.1.2 Financials
15.1.3 Product/ Services Offered
15.1.4 SWOT Analysis
15.1.5 The SNS View
15.2 CardConnect.
15.2.1 Company Overview
15.2.2 Financials
15.2.3 Product/ Services Offered
15.2.4 SWOT Analysis
15.2.5 The SNS View
15.3 Micro Focus International plc.
15.3.1 Company Overview
15.3.2 Financials
15.3.3 Product/ Services Offered
15.3.4 SWOT Analysis
15.3.5 The SNS View
15.4 Visa, Inc.
15.4.1 Company Overview
15.4.2 Financials
15.4.3 Product/ Services Offered
15.4.4 SWOT Analysis
15.4.5 The SNS View
15.5 TokenEx
15.5.1 Company Overview
15.5.2 Financials
15.5.3 Product/ Services Offered
15.5.4 SWOT Analysis
15.5.5 The SNS View
15.6 American Express Company.
15.6.1 Company Overview
15.6.2 Financials
15.6.3 Product/ Services Offered
15.6.4 SWOT Analysis
15.6.5 The SNS View
15.7 Fiserv, Inc
15.7.1 Company Overview
15.7.2 Financials
15.7.3 Product/ Services Offered
15.7.4 SWOT Analysis
15.7.5 The SNS View
15.8 Thales Group.
15.8.1 Company Overview
15.8.2 Financials
15.8.3 Product/ Services Offered
15.8.4 SWOT Analysis
15.8.5 The SNS View
15.9 HelpSystems.
15.9.1 Company Overview
15.9.2 Financials
15.9.3 Product/ Services Offered
15.9.4 SWOT Analysis
15.9.5 The SNS View
15.10 Futurex.
15.10.1 Company Overview
15.10.2 Financials
15.10.3 Product/ Services Offered
15.10.4 SWOT Analysis
15.10.5 The SNS View

16. Competitive Landscape
16.1 Competitive Benchmarking
16.2 Market Share Analysis
16.3 Recent Developments
16.3.1 Industry News
16.3.2 Company News
16.3.3 Mergers & Acquisitions

17. USE Cases and Best Practices

18. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

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