Tokenization Industry Research Report 2025

Summary

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.

According to APO Research, The global Tokenization market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Tokenization is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Tokenization is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Tokenization is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Tokenization include Thales, American Express, Hewlett-Packard Enterprises, Lookout (CipherCloud), Futurex, Protegrity, TokenEx, Fiserv and Global Payments and etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Tokenization, 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.
The Tokenization market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Tokenization market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Tokenization Segment by Company

Thales
American Express
Hewlett-Packard Enterprises
Lookout (CipherCloud)
Futurex
Protegrity
TokenEx
Fiserv
Global Payments
Visa (CyberSource)
Tokenization Segment by Type

Service Tokenization
Software Tokenization
Tokenization Segment by Application

BFSI
IT, Telecom and Media
Healthcare and Pharma
Government and Defense
Others
Tokenization Segment by Application

BFSI
IT, Telecom and Media
Healthcare and Pharma
Government and Defense
Others
Tokenization Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Tokenization market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Tokenization and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Tokenization.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, 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 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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Tokenization companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Tokenization by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031)
2.2.2 Service Tokenization
2.2.3 Software Tokenization
2.3 Tokenization by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031)
2.3.2 BFSI
2.3.3 IT, Telecom and Media
2.3.4 Healthcare and Pharma
2.3.5 Government and Defense
2.3.6 Others
2.4 Assumptions and Limitations
3 Tokenization Breakdown Data by Type
3.1 Global Tokenization Historic Market Size by Type (2020-2025)
3.2 Global Tokenization Forecasted Market Size by Type (2026-2031)
4 Tokenization Breakdown Data by Application
4.1 Global Tokenization Historic Market Size by Application (2020-2025)
4.2 Global Tokenization Forecasted Market Size by Application (2026-2031)
5 Global Growth Trends
5.1 Global Tokenization Market Perspective (2020-2031)
5.2 Global Tokenization Growth Trends by Region
5.2.1 Global Tokenization Market Size by Region: 2020 VS 2024 VS 2031
5.2.2 Tokenization Historic Market Size by Region (2020-2025)
5.2.3 Tokenization Forecasted Market Size by Region (2026-2031)
5.3 Tokenization Market Dynamics
5.3.1 Tokenization Industry Trends
5.3.2 Tokenization Market Drivers
5.3.3 Tokenization Market Challenges
5.3.4 Tokenization Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Tokenization Players by Revenue
6.1.1 Global Top Tokenization Players by Revenue (2020-2025)
6.1.2 Global Tokenization Revenue Market Share by Players (2020-2025)
6.2 Global Tokenization Industry Players Ranking, 2023 VS 2024 VS 2025
6.3 Global Key Players of Tokenization Head Office and Area Served
6.4 Global Tokenization Players, Product Type & Application
6.5 Global Tokenization Manufacturers Established Date
6.6 Global Tokenization Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Tokenization Market Size (2020-2031)
7.2 North America Tokenization Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 North America Tokenization Market Size by Country (2020-2025)
7.4 North America Tokenization Market Size by Country (2026-2031)
7.5 United States
7.5 United States
7.6 Canada
7.7 Mexico
8 Europe
8.1 Europe Tokenization Market Size (2020-2031)
8.2 Europe Tokenization Market Growth Rate by Country: 2020 VS 2024 VS 2031
8.3 Europe Tokenization Market Size by Country (2020-2025)
8.4 Europe Tokenization Market Size by Country (2026-2031)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Spain
8.10 Russia
8.11 Netherlands
8.12 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Tokenization Market Size (2020-2031)
9.2 Asia-Pacific Tokenization Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Asia-Pacific Tokenization Market Size by Country (2020-2025)
9.4 Asia-Pacific Tokenization Market Size by Country (2026-2031)
9.5 China
9.6 Japan
9.7 South Korea
9.8 India
9.9 Australia
9.10 China Taiwan
9.11 Southeast Asia
10 South America
10.1 South America Tokenization Market Size (2020-2031)
10.2 South America Tokenization Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 South America Tokenization Market Size by Country (2020-2025)
10.4 South America Tokenization Market Size by Country (2026-2031)
10.5 Brazil
10.6 Argentina
10.7 Chile
10.8 Colombia
10.9 Peru
11 Middle East & Africa
11.1 Middle East & Africa Tokenization Market Size (2020-2031)
11.2 Middle East & Africa Tokenization Market Growth Rate by Country: 2020 VS 2024 VS 2031
11.3 Middle East & Africa Tokenization Market Size by Country (2020-2025)
11.4 Middle East & Africa Tokenization Market Size by Country (2026-2031)
11.5 Saudi Arabia
11.6 Israel
11.7 United Arab Emirates
11.8 Turkey
11.9 Iran
11.10 Egypt
12 Players Profiled
12.1 Thales
12.1.1 Thales Company Information
12.1.2 Thales Business Overview
12.1.3 Thales Revenue in Tokenization Business (2020-2025)
12.1.4 Thales Tokenization Product Portfolio
12.1.5 Thales Recent Developments
12.2 American Express
12.2.1 American Express Company Information
12.2.2 American Express Business Overview
12.2.3 American Express Revenue in Tokenization Business (2020-2025)
12.2.4 American Express Tokenization Product Portfolio
12.2.5 American Express Recent Developments
12.3 Hewlett-Packard Enterprises
12.3.1 Hewlett-Packard Enterprises Company Information
12.3.2 Hewlett-Packard Enterprises Business Overview
12.3.3 Hewlett-Packard Enterprises Revenue in Tokenization Business (2020-2025)
12.3.4 Hewlett-Packard Enterprises Tokenization Product Portfolio
12.3.5 Hewlett-Packard Enterprises Recent Developments
12.4 Lookout (CipherCloud)
12.4.1 Lookout (CipherCloud) Company Information
12.4.2 Lookout (CipherCloud) Business Overview
12.4.3 Lookout (CipherCloud) Revenue in Tokenization Business (2020-2025)
12.4.4 Lookout (CipherCloud) Tokenization Product Portfolio
12.4.5 Lookout (CipherCloud) Recent Developments
12.5 Futurex
12.5.1 Futurex Company Information
12.5.2 Futurex Business Overview
12.5.3 Futurex Revenue in Tokenization Business (2020-2025)
12.5.4 Futurex Tokenization Product Portfolio
12.5.5 Futurex Recent Developments
12.6 Protegrity
12.6.1 Protegrity Company Information
12.6.2 Protegrity Business Overview
12.6.3 Protegrity Revenue in Tokenization Business (2020-2025)
12.6.4 Protegrity Tokenization Product Portfolio
12.6.5 Protegrity Recent Developments
12.7 TokenEx
12.7.1 TokenEx Company Information
12.7.2 TokenEx Business Overview
12.7.3 TokenEx Revenue in Tokenization Business (2020-2025)
12.7.4 TokenEx Tokenization Product Portfolio
12.7.5 TokenEx Recent Developments
12.8 Fiserv
12.8.1 Fiserv Company Information
12.8.2 Fiserv Business Overview
12.8.3 Fiserv Revenue in Tokenization Business (2020-2025)
12.8.4 Fiserv Tokenization Product Portfolio
12.8.5 Fiserv Recent Developments
12.9 Global Payments
12.9.1 Global Payments Company Information
12.9.2 Global Payments Business Overview
12.9.3 Global Payments Revenue in Tokenization Business (2020-2025)
12.9.4 Global Payments Tokenization Product Portfolio
12.9.5 Global Payments Recent Developments
12.10 Visa (CyberSource)
12.10.1 Visa (CyberSource) Company Information
12.10.2 Visa (CyberSource) Business Overview
12.10.3 Visa (CyberSource) Revenue in Tokenization Business (2020-2025)
12.10.4 Visa (CyberSource) Tokenization Product Portfolio
12.10.5 Visa (CyberSource) Recent Developments
13 Report Conclusion
14 Disclaimer

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