The Asia-Pacific tokenization market was valued at US$ 244.7 million in 2019 and is projected to reach US$ 1743.4 million by 2027; it is expected to grow at a CAGR of 28.7% from 2020 to 2027
Tokenization system protects the business from the negative financial impacts of data breach. Even in a data breach scenario, the valuable personal data cannot be stolen, as it is already replaced by proxy data. Although, tokenization cannot safeguard a business from a data breach, it can moderate the financial outcome from any potential breach. These advantages offered by tokenization system contribute to the growth of the Asia Pacific tokenization market.
Tokenization is a technology used to protect sensitive data such as bank accounts, medical records, financial statements, criminal records, loan applications, driver's licenses, stock trades, voter registrations, and other personally identifiable information (PII). Consumers across the world are embracing digital payments greater than ever during the COVID-19 epidemic. With rapid digitalization, e-payment solutions and tools are gaining importance in the APAC region. This trend is more predominant in evolving markets, including India and China, wherein large number of consumers are opting for digital transaction by swapping directly from cash to alternative payment modes.
The detailed reports include inventory and volume analysis, top-selling items, revenue and profit margin optimization, and staffing needs. With these features and technologies, vendors can attract new customers and expand their footprints in emerging markets. The Asia Pacific tokenization market is expected to grow at a good CAGR during the forecast period, i.e. 2020−2027.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Asia Pacific Tokenization Market–Segmentation
Asia Pacific Tokenization Market, by Component
- Solution
- Services
Asia Pacific Tokenization Market, by Deployment
- Cloud
- On-Premise
Asia Pacific Tokenization Market, by Enterprise Size
- SMEs
- Large Enterprise
Asia-Pacific Tokenization Market, by Industry Vertical
- BFSI
- Retail
- IT & Telecom
- Healthcare
- Government
- Others
Asia Pacific Tokenization Market, by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Asia Pacific Tokenization Market-Companies Mentioned
- Broadcom, Inc.
- CipherCloud, Inc.
- Fiserv, Inc.
- Micro Focus International plc
- OpenText Corporation
- Sequent Software Inc.
- Thales Group
- Visa, Inc.
Asia Pacific Tokenization Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 244.7 Million |
Market Size by 2027 | US$ 1743.4 Million |
Global CAGR (2020 - 2027) | 28.7% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Component
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Recent Reports
Testimonials
Reason to Buy
- Informed Decision-Making
- Understanding Market Dynamics
- Competitive Analysis
- Identifying Emerging Markets
- Customer Insights
- Market Forecasts
- Risk Mitigation
- Boosting Operational Efficiency
- Strategic Planning
- Investment Justification
- Tracking Industry Innovations
- Aligning with Regulatory Trends

















