トークン化の世界市場：コンポーネント、技術、応用分野、展開モード、組織規模、エンドユーザー別-2025-2030年予測

トークン化市場の2023年の市場規模は39億7,000万米ドルで、2024年には46億1,000万米ドルに達すると予測され、CAGR 16.92％で成長し、2030年には118億6,000万米ドルに達すると予測されています。

トークン化とは、機密データをトークンと呼ばれる非機密な同等物に変換するプロセスを指し、実際のデータを公開することなく、データベースやネットワーク上で安全に使用することができます。これは、データ漏洩に関連するリスクを軽減することで、金融業界、ヘルスケア、小売業などにおけるセキュリティ強化に不可欠です。その必要性は、サイバー脅威の増大とGDPRのような厳しいデータ保護規制に起因しています。トークン化は、安全なオンライン決済、データ処理、個人識別情報の保護を促進し、デジタル取引の信頼性を維持するために不可欠です。エンドユースの範囲は、銀行、金融サービス、保険（BFSI）、ヘルスケア、小売など、機密データの取り扱いが最重要となる業界全体に及びます。

トークン化市場の主な成長要因としては、デジタル決済の普及、eコマース取引の増加、規制遵守要件などが挙げられます。クラウドベースのトークン化ソリューションは、その拡張性と費用対効果により支持を集めており、プロバイダーにとってサービス拡大の大きな可能性を提供しています。非接触型決済やブロックチェーン技術の利用が増加していることは、トークン化導入の新たな道を提示しています。しかし、市場成長は、高い統合コスト、トークン化システム展開の複雑さ、小規模組織の認識不足などの課題に直面しています。競合情勢は、急速に進化する技術や多様なデータ保護ソリューションの出現によってさらに激化しています。

トークン化の革新的な研究分野としては、トークン生成アルゴリズムの強化、異なるプラットフォーム間での相互運用可能なソリューションの開発、トークンのライフサイクル管理を改善するための人工知能の活用などが考えられます。また、モノのインターネット（IoT）のような新興技術向けにトークン化を発展させ、ブロックチェーンベースの取引への応用を強化する可能性もあります。企業は、持続的な成長のために、テクノロジープロバイダーとのパートナーシップを模索し、トークン化の利点について顧客を教育するために投資する必要があります。市場力学を理解し、制限に効果的に対処することで、企業は今後の機会を活用し、潜在的な障壁を緩和することができ、強固なセキュリティフレームワークを確保し、デジタル経済に対する消費者の信頼を高めることができます。

市場力学：急速に進化するトークン化市場の主要市場インサイトを公開

トークン化市場は、需要と供給のダイナミックな相互作用によって変貌を遂げています。このような市場力学の進化を理解することで、企業は十分な情報に基づいた投資決定、戦略的決定の精緻化、そして新たなビジネスチャンスの獲得に備えることができます。これらの動向を包括的に把握することで、企業は政治的、地理的、技術的、社会的、経済的な領域にわたる様々なリスクを軽減することができるとともに、消費者行動とそれが製造コストや購買動向に与える影響をより明確に理解することができます。

• 市場促進要因
  • コネクテッド・デバイスの普及とトークン化の必要性
  • 世界中で急増するデータ漏洩とサイバー攻撃
  • 世界中の政府部門におけるデータトークン化の採用
• 市場抑制要因
  • トークン化プロセスに関連する技術的な複雑さとトークンに関する限られた認知度
• 市場機会
  • トークン化の継続的な技術進歩
  • トークン化のエネルギー分野への応用の可能性
• 市場の課題
  • エンドユーザー間での暗号化とトークン化の曖昧さ

ポーターの5つの力：トークン化市場をナビゲートする戦略ツール

ポーターの5つの力フレームワークは、トークン化市場の競合情勢を理解するための重要なツールです。ポーターのファイブフォース・フレームワークは、企業の競争力を評価し、戦略的機会を探るための明確な手法を提供します。このフレームワークは、企業が市場内の勢力図を評価し、新規事業の収益性を判断するのに役立ちます。これらの洞察により、企業は自社の強みを活かし、弱みに対処し、潜在的な課題を回避することができ、より強靭な市場でのポジショニングを確保することができます。

PESTLE分析：トークン化市場における外部からの影響の把握

外部マクロ環境要因は、トークン化市場の業績ダイナミクスを形成する上で極めて重要な役割を果たします。政治的、経済的、社会的、技術的、法的、環境的要因の分析は、これらの影響をナビゲートするために必要な情報を提供します。PESTLE要因を調査することで、企業は潜在的なリスクと機会をよりよく理解することができます。この分析により、企業は規制、消費者の嗜好、経済動向の変化を予測し、先を見越した積極的な意思決定を行う準備ができます。

市場シェア分析トークン化市場における競合情勢の把握

トークン化市場の詳細な市場シェア分析により、ベンダーの業績を包括的に評価することができます。企業は、収益、顧客ベース、成長率などの主要指標を比較することで、競争上のポジショニングを明らかにすることができます。この分析により、市場の集中、断片化、統合の動向が明らかになり、ベンダーは競争が激化する中で自社の地位を高める戦略的意思決定を行うために必要な知見を得ることができます。

FPNVポジショニング・マトリックストークン化市場におけるベンダーのパフォーマンス評価

FPNVポジショニングマトリックスは、トークン化市場においてベンダーを評価するための重要なツールです。このマトリックスにより、ビジネス組織はベンダーのビジネス戦略と製品満足度に基づき評価することで、目標に沿った十分な情報に基づいた意思決定を行うことができます。4つの象限によってベンダーを明確かつ正確にセグメント化し、戦略目標に最適なパートナーやソリューションを特定することができます。

戦略分析と推奨トークン化市場における成功への道筋を描く

トークン化市場の戦略分析は、世界市場でのプレゼンス強化を目指す企業にとって不可欠です。主要なリソース、能力、業績指標を見直すことで、企業は成長機会を特定し、改善に取り組むことができます。このアプローチにより、競合情勢における課題を克服し、新たなビジネスチャンスを活かして長期的な成功を収めるための体制を整えることができます。

本レポートでは、主要な注目分野を網羅した市場の包括的な分析を提供しています：

1.市場の浸透度：現在の市場環境の詳細なレビュー、主要企業による広範なデータ、市場でのリーチと全体的な影響力の評価。

2.市場の開拓度：新興市場における成長機会を特定し、既存分野における拡大可能性を評価し、将来の成長に向けた戦略的ロードマップを提供します。

3.市場の多様化：最近の製品発売、未開拓の地域、業界の主要な進歩、市場を形成する戦略的投資を分析します。

4.競合の評価と情報：競合情勢を徹底的に分析し、市場シェア、事業戦略、製品ポートフォリオ、認証、規制当局の承認、特許動向、主要企業の技術進歩などを検証します。

5.製品開発およびイノベーション：将来の市場成長を促進すると期待される最先端技術、研究開発活動、製品イノベーションをハイライトしています。

また、利害関係者が十分な情報を得た上で意思決定できるよう、重要な質問にも答えています：

1.現在の市場規模と今後の成長予測は？

2.最高の投資機会を提供する製品、セグメント、地域はどこか？

3.市場を形成する主な技術動向と規制の影響とは？

4.主要ベンダーの市場シェアと競合ポジションは？

5.ベンダーの市場参入・撤退戦略の原動力となる収益源と戦略的機会は何か？

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場の概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 接続デバイスの急増とトークン化の必要性
    • 世界中でデータ侵害とサイバー攻撃が急増
    • 世界中の政府部門の業務におけるデータトークン化の採用
  • 抑制要因
    • トークン化プロセスに関連する技術的な複雑さとトークンに関する認識の限界
  • 機会
    • トークン化における継続的な技術進歩
    • エネルギー分野におけるトークン化の潜在的な応用
  • 課題
    • エンドユーザー間の暗号化とトークン化の曖昧さ
• 市場セグメンテーション分析
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治的
  • 経済
  • 社交
  • 技術的
  • 法律上
  • 環境

第6章 トークン化市場：コンポーネント別

• サービス
  • マネージドサービス
  • プロフェッショナルサービス
• ソリューション

第7章 トークン化市場：技術別

• APIベース
• ゲートウェイベース

第8章 トークン化市場：応用分野別

• コンプライアンス管理
• 支払いセキュリティ
• ユーザー認証

第9章 トークン化市場：展開モード別

• クラウド
• オンプレミス

第10章 トークン化市場：組織規模別

• 大企業
• 中小企業

第11章 トークン化市場：エンドユーザー別

• BFSI
• エネルギー・公益事業
• 政府
• ヘルスケア
• ITおよび通信
• 製造業
• メディアとエンターテイメント
• 小売業と電子商取引
• 旅行・ホスピタリティ

第12章 南北アメリカのトークン化市場

• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第13章 アジア太平洋地域のトークン化市場

• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第14章 欧州・中東・アフリカのトークン化市場

• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• イスラエル
• イタリア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第15章 競合情勢

• 市場シェア分析2023
• FPNVポジショニングマトリックス, 2023
• 競合シナリオ分析
• 戦略分析と提言

企業一覧

• American Express Company
• AsiaPay Limited
• Bluefin Payment Systems LLC
• Broadcom Inc.
• Elavon Inc.
• Entrust Corporation
• Fiserv, Inc.
• FISGlobal
• Futurex LP
• Hewlett Packard Enterprise Company
• HST Card Technology
• International Business Machines Corporation
• Lookout, Inc.
• Marqeta, Inc.
• Mastercard Inc.
• MeaWallet AS
• Micro Focus International PLC by Open Text Corporation
• Microsoft Corporation
• Oracle Corporation
• PayPal, Inc.
• Shift4
• Thales Group
• TokenEx, Inc.
• VeriFone, Inc.
• Visa Inc.

LIST OF FIGURES

• FIGURE 1. TOKENIZATION MARKET RESEARCH PROCESS
• FIGURE 2. TOKENIZATION MARKET SIZE, 2023 VS 2030
• FIGURE 3. GLOBAL TOKENIZATION MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 4. GLOBAL TOKENIZATION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 5. GLOBAL TOKENIZATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 6. GLOBAL TOKENIZATION MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
• FIGURE 7. GLOBAL TOKENIZATION MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2023 VS 2030 (%)
• FIGURE 9. GLOBAL TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2023 VS 2030 (%)
• FIGURE 11. GLOBAL TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 12. GLOBAL TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2023 VS 2030 (%)
• FIGURE 13. GLOBAL TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 14. GLOBAL TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
• FIGURE 15. GLOBAL TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 16. GLOBAL TOKENIZATION MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
• FIGURE 17. GLOBAL TOKENIZATION MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 18. AMERICAS TOKENIZATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 19. AMERICAS TOKENIZATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 20. UNITED STATES TOKENIZATION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
• FIGURE 21. UNITED STATES TOKENIZATION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 22. ASIA-PACIFIC TOKENIZATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 23. ASIA-PACIFIC TOKENIZATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 24. EUROPE, MIDDLE EAST & AFRICA TOKENIZATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 25. EUROPE, MIDDLE EAST & AFRICA TOKENIZATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 26. TOKENIZATION MARKET SHARE, BY KEY PLAYER, 2023
• FIGURE 27. TOKENIZATION MARKET, FPNV POSITIONING MATRIX, 2023

LIST OF TABLES

• TABLE 1. TOKENIZATION MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
• TABLE 3. GLOBAL TOKENIZATION MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL TOKENIZATION MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL TOKENIZATION MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. TOKENIZATION MARKET DYNAMICS
• TABLE 7. GLOBAL TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL TOKENIZATION MARKET SIZE, BY SERVICES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL TOKENIZATION MARKET SIZE, BY MANAGED SERVICES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL TOKENIZATION MARKET SIZE, BY PROFESSIONAL SERVICES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL TOKENIZATION MARKET SIZE, BY SOLUTIONS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL TOKENIZATION MARKET SIZE, BY API-BASED, BY REGION, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL TOKENIZATION MARKET SIZE, BY GATEWAY-BASED, BY REGION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL TOKENIZATION MARKET SIZE, BY COMPLIANCE MANAGEMENT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL TOKENIZATION MARKET SIZE, BY PAYMENT SECURITY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. GLOBAL TOKENIZATION MARKET SIZE, BY USER AUTHENTICATION, BY REGION, 2018-2030 (USD MILLION)
• TABLE 20. GLOBAL TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 21. GLOBAL TOKENIZATION MARKET SIZE, BY CLOUD, BY REGION, 2018-2030 (USD MILLION)
• TABLE 22. GLOBAL TOKENIZATION MARKET SIZE, BY ON-PREMISES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 23. GLOBAL TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 24. GLOBAL TOKENIZATION MARKET SIZE, BY LARGE ENTERPRISES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 25. GLOBAL TOKENIZATION MARKET SIZE, BY SMES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 26. GLOBAL TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 27. GLOBAL TOKENIZATION MARKET SIZE, BY BFSI, BY REGION, 2018-2030 (USD MILLION)
• TABLE 28. GLOBAL TOKENIZATION MARKET SIZE, BY ENERGY & UTILITIES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 29. GLOBAL TOKENIZATION MARKET SIZE, BY GOVERNMENT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 30. GLOBAL TOKENIZATION MARKET SIZE, BY HEALTHCARE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 31. GLOBAL TOKENIZATION MARKET SIZE, BY IT & TELECOM, BY REGION, 2018-2030 (USD MILLION)
• TABLE 32. GLOBAL TOKENIZATION MARKET SIZE, BY MANUFACTURING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 33. GLOBAL TOKENIZATION MARKET SIZE, BY MEDIA & ENTERTAINMENT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 34. GLOBAL TOKENIZATION MARKET SIZE, BY RETAIL & ECOMMERCE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 35. GLOBAL TOKENIZATION MARKET SIZE, BY TRAVEL & HOSPITALITY, BY REGION, 2018-2030 (USD MILLION)
• TABLE 36. AMERICAS TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 37. AMERICAS TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 38. AMERICAS TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 39. AMERICAS TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 40. AMERICAS TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 41. AMERICAS TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 42. AMERICAS TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 43. AMERICAS TOKENIZATION MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 44. ARGENTINA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 45. ARGENTINA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 46. ARGENTINA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 47. ARGENTINA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 48. ARGENTINA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 49. ARGENTINA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 50. ARGENTINA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 51. BRAZIL TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 52. BRAZIL TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 53. BRAZIL TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 54. BRAZIL TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 55. BRAZIL TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 56. BRAZIL TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 57. BRAZIL TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 58. CANADA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 59. CANADA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 60. CANADA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 61. CANADA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 62. CANADA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 63. CANADA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 64. CANADA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 65. MEXICO TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 66. MEXICO TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 67. MEXICO TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 68. MEXICO TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 69. MEXICO TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 70. MEXICO TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 71. MEXICO TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 72. UNITED STATES TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 73. UNITED STATES TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 74. UNITED STATES TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 75. UNITED STATES TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 76. UNITED STATES TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 77. UNITED STATES TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 78. UNITED STATES TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 79. UNITED STATES TOKENIZATION MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 80. ASIA-PACIFIC TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 81. ASIA-PACIFIC TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 82. ASIA-PACIFIC TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 83. ASIA-PACIFIC TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 84. ASIA-PACIFIC TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 85. ASIA-PACIFIC TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 86. ASIA-PACIFIC TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 87. ASIA-PACIFIC TOKENIZATION MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 88. AUSTRALIA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 89. AUSTRALIA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 90. AUSTRALIA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 91. AUSTRALIA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 92. AUSTRALIA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 93. AUSTRALIA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 94. AUSTRALIA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 95. CHINA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 96. CHINA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 97. CHINA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 98. CHINA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 99. CHINA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 100. CHINA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 101. CHINA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 102. INDIA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 103. INDIA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 104. INDIA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 105. INDIA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 106. INDIA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 107. INDIA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 108. INDIA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 109. INDONESIA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 110. INDONESIA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 111. INDONESIA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 112. INDONESIA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 113. INDONESIA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 114. INDONESIA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 115. INDONESIA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 116. JAPAN TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 117. JAPAN TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 118. JAPAN TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 119. JAPAN TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 120. JAPAN TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 121. JAPAN TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 122. JAPAN TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 123. MALAYSIA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 124. MALAYSIA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 125. MALAYSIA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 126. MALAYSIA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 127. MALAYSIA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 128. MALAYSIA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 129. MALAYSIA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 130. PHILIPPINES TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 131. PHILIPPINES TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 132. PHILIPPINES TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 133. PHILIPPINES TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 134. PHILIPPINES TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 135. PHILIPPINES TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 136. PHILIPPINES TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 137. SINGAPORE TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 138. SINGAPORE TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 139. SINGAPORE TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 140. SINGAPORE TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 141. SINGAPORE TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 142. SINGAPORE TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 143. SINGAPORE TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 144. SOUTH KOREA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 145. SOUTH KOREA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 146. SOUTH KOREA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 147. SOUTH KOREA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 148. SOUTH KOREA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 149. SOUTH KOREA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 150. SOUTH KOREA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 151. TAIWAN TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 152. TAIWAN TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 153. TAIWAN TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 154. TAIWAN TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 155. TAIWAN TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 156. TAIWAN TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 157. TAIWAN TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 158. THAILAND TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 159. THAILAND TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 160. THAILAND TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 161. THAILAND TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 162. THAILAND TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 163. THAILAND TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 164. THAILAND TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 165. VIETNAM TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 166. VIETNAM TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 167. VIETNAM TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 168. VIETNAM TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 169. VIETNAM TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 170. VIETNAM TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 171. VIETNAM TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 172. EUROPE, MIDDLE EAST & AFRICA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 173. EUROPE, MIDDLE EAST & AFRICA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 174. EUROPE, MIDDLE EAST & AFRICA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 175. EUROPE, MIDDLE EAST & AFRICA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 176. EUROPE, MIDDLE EAST & AFRICA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 177. EUROPE, MIDDLE EAST & AFRICA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 178. EUROPE, MIDDLE EAST & AFRICA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 179. EUROPE, MIDDLE EAST & AFRICA TOKENIZATION MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 180. DENMARK TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 181. DENMARK TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 182. DENMARK TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 183. DENMARK TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 184. DENMARK TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 185. DENMARK TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 186. DENMARK TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 187. EGYPT TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 188. EGYPT TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 189. EGYPT TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 190. EGYPT TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 191. EGYPT TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 192. EGYPT TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 193. EGYPT TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 194. FINLAND TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 195. FINLAND TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 196. FINLAND TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 197. FINLAND TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 198. FINLAND TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 199. FINLAND TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 200. FINLAND TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 201. FRANCE TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 202. FRANCE TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 203. FRANCE TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 204. FRANCE TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 205. FRANCE TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 206. FRANCE TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 207. FRANCE TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 208. GERMANY TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 209. GERMANY TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 210. GERMANY TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 211. GERMANY TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 212. GERMANY TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 213. GERMANY TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 214. GERMANY TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 215. ISRAEL TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 216. ISRAEL TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 217. ISRAEL TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 218. ISRAEL TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 219. ISRAEL TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 220. ISRAEL TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 221. ISRAEL TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 222. ITALY TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 223. ITALY TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 224. ITALY TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 225. ITALY TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 226. ITALY TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 227. ITALY TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 228. ITALY TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 229. NETHERLANDS TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 230. NETHERLANDS TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 231. NETHERLANDS TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 232. NETHERLANDS TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 233. NETHERLANDS TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 234. NETHERLANDS TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 235. NETHERLANDS TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 236. NIGERIA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 237. NIGERIA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 238. NIGERIA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 239. NIGERIA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 240. NIGERIA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 241. NIGERIA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 242. NIGERIA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 243. NORWAY TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 244. NORWAY TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 245. NORWAY TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 246. NORWAY TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 247. NORWAY TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 248. NORWAY TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 249. NORWAY TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 250. POLAND TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 251. POLAND TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 252. POLAND TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 253. POLAND TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 254. POLAND TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 255. POLAND TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 256. POLAND TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 257. QATAR TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 258. QATAR TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 259. QATAR TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 260. QATAR TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 261. QATAR TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 262. QATAR TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 263. QATAR TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 264. RUSSIA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 265. RUSSIA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 266. RUSSIA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 267. RUSSIA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 268. RUSSIA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 269. RUSSIA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 270. RUSSIA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 271. SAUDI ARABIA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 272. SAUDI ARABIA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 273. SAUDI ARABIA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 274. SAUDI ARABIA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 275. SAUDI ARABIA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 276. SAUDI ARABIA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 277. SAUDI ARABIA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 278. SOUTH AFRICA TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 279. SOUTH AFRICA TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 280. SOUTH AFRICA TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 281. SOUTH AFRICA TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 282. SOUTH AFRICA TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 283. SOUTH AFRICA TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 284. SOUTH AFRICA TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 285. SPAIN TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 286. SPAIN TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 287. SPAIN TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 288. SPAIN TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 289. SPAIN TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 290. SPAIN TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 291. SPAIN TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 292. SWEDEN TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 293. SWEDEN TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 294. SWEDEN TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 295. SWEDEN TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 296. SWEDEN TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 297. SWEDEN TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 298. SWEDEN TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 299. SWITZERLAND TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 300. SWITZERLAND TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 301. SWITZERLAND TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 302. SWITZERLAND TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 303. SWITZERLAND TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 304. SWITZERLAND TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 305. SWITZERLAND TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 306. TURKEY TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 307. TURKEY TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 308. TURKEY TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 309. TURKEY TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 310. TURKEY TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 311. TURKEY TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 312. TURKEY TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 313. UNITED ARAB EMIRATES TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 314. UNITED ARAB EMIRATES TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 315. UNITED ARAB EMIRATES TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 316. UNITED ARAB EMIRATES TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 317. UNITED ARAB EMIRATES TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 318. UNITED ARAB EMIRATES TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 319. UNITED ARAB EMIRATES TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 320. UNITED KINGDOM TOKENIZATION MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 321. UNITED KINGDOM TOKENIZATION MARKET SIZE, BY SERVICES, 2018-2030 (USD MILLION)
• TABLE 322. UNITED KINGDOM TOKENIZATION MARKET SIZE, BY TECHNIQUE, 2018-2030 (USD MILLION)
• TABLE 323. UNITED KINGDOM TOKENIZATION MARKET SIZE, BY APPLICATION AREA, 2018-2030 (USD MILLION)
• TABLE 324. UNITED KINGDOM TOKENIZATION MARKET SIZE, BY DEPLOYMENT MODE, 2018-2030 (USD MILLION)
• TABLE 325. UNITED KINGDOM TOKENIZATION MARKET SIZE, BY ORGANIZATION SIZE, 2018-2030 (USD MILLION)
• TABLE 326. UNITED KINGDOM TOKENIZATION MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 327. TOKENIZATION MARKET SHARE, BY KEY PLAYER, 2023
• TABLE 328. TOKENIZATION MARKET, FPNV POSITIONING MATRIX, 2023

The Tokenization Market was valued at USD 3.97 billion in 2023, expected to reach USD 4.61 billion in 2024, and is projected to grow at a CAGR of 16.92%, to USD 11.86 billion by 2030.

Tokenization refers to the process of converting sensitive data into non-sensitive equivalents, known as tokens, which can be used safely in databases and across networks without exposing actual data. This is essential in enhancing security in the financial industry, healthcare, retail, and more, by reducing risks associated with data breaches. Its necessity stems from increasing cyber threats and stringent data protection regulations like GDPR. Tokenization facilitates secure online payments, data processing, and protection for personally identifiable information, making it indispensable for maintaining trust in digital transactions. The end-use scope spans across industries including banking, financial services, insurance (BFSI), healthcare, and retail, where sensitive data handling is paramount.

Key growth influencers in the tokenization market include rising digital payment adoption, increased e-commerce transactions, and regulatory compliance requirements. Cloud-based tokenization solutions are gaining traction due to their scalability and cost-effectiveness, offering significant potential opportunities for providers to expand services. The increasing use of contactless payments and blockchain technology presents new avenues for tokenization implementation. However, market growth faces challenges such as high integration costs, complexities in deploying tokenization systems, and lack of awareness among smaller organizations. The competitive landscape is further intensified by rapidly evolving technologies and the emergence of diverse data protection solutions.

Innovative research areas for tokenization may focus on enhancing token generation algorithms, developing interoperable solutions across different platforms, and leveraging artificial intelligence to improve token lifecycle management. There is also potential in advancing tokenization for emerging technologies like the Internet of Things (IoT) and enhancing its application in blockchain-based transactions. Businesses should explore partnerships with technology providers and invest in educating customers about the benefits of tokenization for sustained growth. Understanding market dynamics and addressing limitations effectively can help companies take advantage of upcoming opportunities and mitigate potential barriers, ensuring robust security frameworks and boosting consumer confidence in the digital economy.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Tokenization Market

The Tokenization Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Proliferation of connected devices and need for tokenization
  • Surge in data breach and cyber-attacks across the globe
  • Adoption of data tokenization in the government sector operations worldwide
• Market Restraints
  • Technical complexities associated with tokenization process and limited awareness about tokens
• Market Opportunities
  • Ongoing technological advancements in tokenization
  • Potential application of tokenization in the energy sector
• Market Challenges
  • Ambiguity between encryption and tokenization among end users

Porter's Five Forces: A Strategic Tool for Navigating the Tokenization Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Tokenization Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Tokenization Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Tokenization Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Tokenization Market

A detailed market share analysis in the Tokenization Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Tokenization Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Tokenization Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Tokenization Market

A strategic analysis of the Tokenization Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Tokenization Market, highlighting leading vendors and their innovative profiles. These include American Express Company, AsiaPay Limited, Bluefin Payment Systems LLC, Broadcom Inc., Elavon Inc., Entrust Corporation, Fiserv, Inc., FISGlobal, Futurex LP, Hewlett Packard Enterprise Company, HST Card Technology, International Business Machines Corporation, Lookout, Inc., Marqeta, Inc., Mastercard Inc., MeaWallet AS, Micro Focus International PLC by Open Text Corporation, Microsoft Corporation, Oracle Corporation, PayPal, Inc., Shift4, Thales Group, TokenEx, Inc., VeriFone, Inc., and Visa Inc..

Market Segmentation & Coverage

This research report categorizes the Tokenization Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Component, market is studied across Services and Solutions. The Services is further studied across Managed Services and Professional Services.
• Based on Technique, market is studied across API-Based and Gateway-Based.
• Based on Application Area, market is studied across Compliance Management, Payment Security, and User Authentication.
• Based on Deployment Mode, market is studied across Cloud and On-Premises.
• Based on Organization Size, market is studied across Large enterprises and SMEs.
• Based on End-User, market is studied across BFSI, Energy & Utilities, Government, Healthcare, IT & Telecom, Manufacturing, Media & Entertainment, Retail & eCommerce, and Travel & Hospitality.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Proliferation of connected devices and need for tokenization
    • 5.1.1.2. Surge in data breach and cyber-attacks across the globe
    • 5.1.1.3. Adoption of data tokenization in the government sector operations worldwide
  • 5.1.2. Restraints
    • 5.1.2.1. Technical complexities associated with tokenization process and limited awareness about tokens
  • 5.1.3. Opportunities
    • 5.1.3.1. Ongoing technological advancements in tokenization
    • 5.1.3.2. Potential application of tokenization in the energy sector
  • 5.1.4. Challenges
    • 5.1.4.1. Ambiguity between encryption and tokenization among end users
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Tokenization Market, by Component

• 6.1. Introduction
• 6.2. Services
  • 6.2.1. Managed Services
  • 6.2.2. Professional Services
• 6.3. Solutions

7. Tokenization Market, by Technique

• 7.1. Introduction
• 7.2. API-Based
• 7.3. Gateway-Based

8. Tokenization Market, by Application Area

• 8.1. Introduction
• 8.2. Compliance Management
• 8.3. Payment Security
• 8.4. User Authentication

9. Tokenization Market, by Deployment Mode

• 9.1. Introduction
• 9.2. Cloud
• 9.3. On-Premises

10. Tokenization Market, by Organization Size

• 10.1. Introduction
• 10.2. Large enterprises
• 10.3. SMEs

11. Tokenization Market, by End-User

• 11.1. Introduction
• 11.2. BFSI
• 11.3. Energy & Utilities
• 11.4. Government
• 11.5. Healthcare
• 11.6. IT & Telecom
• 11.7. Manufacturing
• 11.8. Media & Entertainment
• 11.9. Retail & eCommerce
• 11.10. Travel & Hospitality

12. Americas Tokenization Market

• 12.1. Introduction
• 12.2. Argentina
• 12.3. Brazil
• 12.4. Canada
• 12.5. Mexico
• 12.6. United States

13. Asia-Pacific Tokenization Market

• 13.1. Introduction
• 13.2. Australia
• 13.3. China
• 13.4. India
• 13.5. Indonesia
• 13.6. Japan
• 13.7. Malaysia
• 13.8. Philippines
• 13.9. Singapore
• 13.10. South Korea
• 13.11. Taiwan
• 13.12. Thailand
• 13.13. Vietnam

14. Europe, Middle East & Africa Tokenization Market

• 14.1. Introduction
• 14.2. Denmark
• 14.3. Egypt
• 14.4. Finland
• 14.5. France
• 14.6. Germany
• 14.7. Israel
• 14.8. Italy
• 14.9. Netherlands
• 14.10. Nigeria
• 14.11. Norway
• 14.12. Poland
• 14.13. Qatar
• 14.14. Russia
• 14.15. Saudi Arabia
• 14.16. South Africa
• 14.17. Spain
• 14.18. Sweden
• 14.19. Switzerland
• 14.20. Turkey
• 14.21. United Arab Emirates
• 14.22. United Kingdom

15. Competitive Landscape

• 15.1. Market Share Analysis, 2023
• 15.2. FPNV Positioning Matrix, 2023
• 15.3. Competitive Scenario Analysis
• 15.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. American Express Company
• 2. AsiaPay Limited
• 3. Bluefin Payment Systems LLC
• 4. Broadcom Inc.
• 5. Elavon Inc.
• 6. Entrust Corporation
• 7. Fiserv, Inc.
• 8. FISGlobal
• 9. Futurex LP
• 10. Hewlett Packard Enterprise Company
• 11. HST Card Technology
• 12. International Business Machines Corporation
• 13. Lookout, Inc.
• 14. Marqeta, Inc.
• 15. Mastercard Inc.
• 16. MeaWallet AS
• 17. Micro Focus International PLC by Open Text Corporation
• 18. Microsoft Corporation
• 19. Oracle Corporation
• 20. PayPal, Inc.
• 21. Shift4
• 22. Thales Group
• 23. TokenEx, Inc.
• 24. VeriFone, Inc.
• 25. Visa Inc.