|
Home | Technology News Search Engine:
|
|
|
|
Home: Technology News:
|
|
|
(IT-NEWSWIRE.COM, September 13, 2018 ) The Global Tokenization Market was valued at USD 685.78 million in 2016 and is projected to reach USD 4272.54 million by 2025, growing at a CAGR of 22.54% from 2017 to 2025.
Tokenization is the process of encrypting data that is sensitive to unique identification symbols. This process then retains all the information that is necessary that is in a format that allows the information’s security to not be compromised. Tokenization is beneficial as it makes it more difficult for individuals to breach security and hack the system to gain user data. The advantages of tokenization include the ability to secure sensitive data, PCI scope, compatibility with other technologies, reduction of data loss and overall internal protection.
Download FREE Sample Copy @ https://www.verifiedmarketresearch.com/download-sample/?rid=2710
As there is Increase in credit card fraudulent activities, there is a rise in the demand for payment security. Payment security can encompass several components such as contactless payments and tokenization-as-a-service model. These factors increase the market size for tokenization. Issues such as budget constraints, poor knowledge about security tokens among the end user and the competition that tokenization faces against traditional IT systems are restraining the overall market growth for tokenization.
The major players in the market are as follows:
Tokenex,
Paymetric,
Liaison Technologies,
Futurex,
Hewlett Packard Enterprise,
Ciphercloud,
Symantec Corporation,
First Data Corporation,
Gemalto NV,
Cardconnect,
Cybersource,
Thales E-Security,
Protegrity Usa,
3delta Systems,
Fiserv,
Ask For Discount @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=2710
About Us:
Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.
Contact Us:
Mr. Ankush
Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com
Verified Market Research
Amaan Kazi
+1 (650) 781 4080
amaankazi@verifiedmarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
Technology News Headlines
|
|
|
|
|
Technology Business Video Feed
|
|
More Technology Video Feeds
|
|
|
