The global market for Tokenization was estimated to be worth US$ 1454 million in 2024 and is forecast to a readjusted size of US$ 2744 million by 2031 with a CAGR of 10.3% during the forecast period 2025-2031.
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.
USA is now the key providers of Tokenization. The market concentration is unbalanced in this market. Some players do the business on Tokenization both in the software/service and hardware, but this report only cover the software/service product market, because the hardware usually cannot used only by tokenization.
Visa (CyberSource), American Express, Lookout (CipherCloud), Thales, Protegrity etc. are the key suppliers in the global Tokenization market. Top 5 took up about 43% of the global market. The market has many small and new players, so the market concentration is very unbalanced.
This report aims to provide a comprehensive presentation of the global market for Tokenization, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Tokenization by region & country, by Type, and by Application.
The Tokenization market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tokenization.
Market Segmentation
By Company
- Thales
- American Express
- Hewlett-Packard Enterprises
- Lookout
- Futurex
- Protegrity
- IXOPAY
- Fiserv
- Global Payments
- Visa (CyberSource)
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
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Tokenization company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Tokenization in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Tokenization in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Tokenization Product Introduction
- 1.2 Global Tokenization Market Size Forecast (2020-2031)
- 1.3 Tokenization Market Trends & Drivers
- 1.3.1 Tokenization Industry Trends
- 1.3.2 Tokenization Market Drivers & Opportunity
- 1.3.3 Tokenization Market Challenges
- 1.3.4 Tokenization Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Tokenization Players Revenue Ranking (2024)
- 2.2 Global Tokenization Revenue by Company (2020-2025)
- 2.3 Key Companies Tokenization Manufacturing Base Distribution and Headquarters
- 2.4 Key Companies Tokenization Product Offered
- 2.5 Key Companies Time to Begin Mass Production of Tokenization
- 2.6 Tokenization Market Competitive Analysis
- 2.6.1 Tokenization Market Concentration Rate (2020-2025)
- 2.6.2 Global 5 and 10 Largest Companies by Tokenization Revenue in 2024
- 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Tokenization as of 2024)
- 2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Service Tokenization
- 3.1.2 Software Tokenization
- 3.2 Global Tokenization Sales Value by Type
- 3.2.1 Global Tokenization Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Tokenization Sales Value, by Type (2020-2031)
- 3.2.3 Global Tokenization Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 BFSI
- 4.1.2 IT, Telecom and Media
- 4.1.3 Healthcare and Pharma
- 4.1.4 Government and Defense
- 4.1.5 Others
- 4.2 Global Tokenization Sales Value by Application
- 4.2.1 Global Tokenization Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Tokenization Sales Value, by Application (2020-2031)
- 4.2.3 Global Tokenization Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
- 5.1 Global Tokenization Sales Value by Region
- 5.1.1 Global Tokenization Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Tokenization Sales Value by Region (2020-2025)
- 5.1.3 Global Tokenization Sales Value by Region (2026-2031)
- 5.1.4 Global Tokenization Sales Value by Region (%), (2020-2031)
- 5.2 North America
- 5.2.1 North America Tokenization Sales Value, 2020-2031
- 5.2.2 North America Tokenization Sales Value by Country (%), 2024 VS 2031
- 5.3 Europe
- 5.3.1 Europe Tokenization Sales Value, 2020-2031
- 5.3.2 Europe Tokenization Sales Value by Country (%), 2024 VS 2031
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Tokenization Sales Value, 2020-2031
- 5.4.2 Asia Pacific Tokenization Sales Value by Region (%), 2024 VS 2031
- 5.5 South America
- 5.5.1 South America Tokenization Sales Value, 2020-2031
- 5.5.2 South America Tokenization Sales Value by Country (%), 2024 VS 2031
- 5.6 Middle East & Africa
- 5.6.1 Middle East & Africa Tokenization Sales Value, 2020-2031
- 5.6.2 Middle East & Africa Tokenization Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Tokenization Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Tokenization Sales Value, 2020-2031
- 6.3 United States
- 6.3.1 United States Tokenization Sales Value, 2020-2031
- 6.3.2 United States Tokenization Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Tokenization Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Tokenization Sales Value, 2020-2031
- 6.4.2 Europe Tokenization Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Tokenization Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Tokenization Sales Value, 2020-2031
- 6.5.2 China Tokenization Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Tokenization Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Tokenization Sales Value, 2020-2031
- 6.6.2 Japan Tokenization Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Tokenization Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Tokenization Sales Value, 2020-2031
- 6.7.2 South Korea Tokenization Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Tokenization Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Tokenization Sales Value, 2020-2031
- 6.8.2 Southeast Asia Tokenization Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Tokenization Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Tokenization Sales Value, 2020-2031
- 6.9.2 India Tokenization Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Tokenization Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Thales
- 7.1.1 Thales Profile
- 7.1.2 Thales Main Business
- 7.1.3 Thales Tokenization Products, Services and Solutions
- 7.1.4 Thales Tokenization Revenue (US$ Million) & (2020-2025)
- 7.1.5 Thales Recent Developments
- 7.2 American Express
- 7.2.1 American Express Profile
- 7.2.2 American Express Main Business
- 7.2.3 American Express Tokenization Products, Services and Solutions
- 7.2.4 American Express Tokenization Revenue (US$ Million) & (2020-2025)
- 7.2.5 American Express Recent Developments
- 7.3 Hewlett-Packard Enterprises
- 7.3.1 Hewlett-Packard Enterprises Profile
- 7.3.2 Hewlett-Packard Enterprises Main Business
- 7.3.3 Hewlett-Packard Enterprises Tokenization Products, Services and Solutions
- 7.3.4 Hewlett-Packard Enterprises Tokenization Revenue (US$ Million) & (2020-2025)
- 7.3.5 Hewlett-Packard Enterprises Recent Developments
- 7.4 Lookout
- 7.4.1 Lookout Profile
- 7.4.2 Lookout Main Business
- 7.4.3 Lookout Tokenization Products, Services and Solutions
- 7.4.4 Lookout Tokenization Revenue (US$ Million) & (2020-2025)
- 7.4.5 Lookout Recent Developments
- 7.5 Futurex
- 7.5.1 Futurex Profile
- 7.5.2 Futurex Main Business
- 7.5.3 Futurex Tokenization Products, Services and Solutions
- 7.5.4 Futurex Tokenization Revenue (US$ Million) & (2020-2025)
- 7.5.5 Futurex Recent Developments
- 7.6 Protegrity
- 7.6.1 Protegrity Profile
- 7.6.2 Protegrity Main Business
- 7.6.3 Protegrity Tokenization Products, Services and Solutions
- 7.6.4 Protegrity Tokenization Revenue (US$ Million) & (2020-2025)
- 7.6.5 Protegrity Recent Developments
- 7.7 IXOPAY
- 7.7.1 IXOPAY Profile
- 7.7.2 IXOPAY Main Business
- 7.7.3 IXOPAY Tokenization Products, Services and Solutions
- 7.7.4 IXOPAY Tokenization Revenue (US$ Million) & (2020-2025)
- 7.7.5 IXOPAY Recent Developments
- 7.8 Fiserv
- 7.8.1 Fiserv Profile
- 7.8.2 Fiserv Main Business
- 7.8.3 Fiserv Tokenization Products, Services and Solutions
- 7.8.4 Fiserv Tokenization Revenue (US$ Million) & (2020-2025)
- 7.8.5 Fiserv Recent Developments
- 7.9 Global Payments
- 7.9.1 Global Payments Profile
- 7.9.2 Global Payments Main Business
- 7.9.3 Global Payments Tokenization Products, Services and Solutions
- 7.9.4 Global Payments Tokenization Revenue (US$ Million) & (2020-2025)
- 7.9.5 Global Payments Recent Developments
- 7.10 Visa (CyberSource)
- 7.10.1 Visa (CyberSource) Profile
- 7.10.2 Visa (CyberSource) Main Business
- 7.10.3 Visa (CyberSource) Tokenization Products, Services and Solutions
- 7.10.4 Visa (CyberSource) Tokenization Revenue (US$ Million) & (2020-2025)
- 7.10.5 Visa (CyberSource) Recent Developments
8 Industry Chain Analysis
- 8.1 Tokenization Industrial Chain
- 8.2 Tokenization Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Tokenization Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Tokenization Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer