North America Tokenization Market Analysis, Size, and Share by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

North America Tokenization Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Solution and Services), Deployment (Cloud and On-premise), Enterprise Size (SMEs, and Large Enterprises), Industry Vertical (BFSI, Retail, IT & Telecom, Healthcare, Government, and Others), and Country

Report Date : Aug 2020
Report Code : TIPRE00013313

Category : Technology, Media and Telecommunications
Status : Published

Available Report Formats :
No. of Pages : 86

Page Updated: Jan 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The North America 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.

The North American region is highly involved in obeying Payment Card Industry Data Security Standard (PCI DSS) guidelines to help protect the safety of highly sensitive data. As payment security is a crucial business, every business must follow the PCI DSS. Thus, the rising requirement to protect sensitive data by following PCI DSS guidelines and growing number of payment frauds are among the most significant drivers helping in increasing market revenue of tokenization in North America. Apart from payment security, tokenization technology is highly used for user authentication and compliance management. The growing adoption of tokenization in several industrial applications is also propelling the growth of the North America Tokenization market in the region.

Tokenization technology enables the exchange of assets effectively; the technology is a primary asset when considering data protection and is used in addition to encryption in banking transactions. With rapid digitalization, e-payment solutions and tools are gaining importance in North America. 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 North America tokenization market is expected to grow at a good CAGR during the forecast period from 2020 to 2027.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Tokenization Market–Segmentation

North America Tokenization Market, by Component

Solution
Services

North America Tokenization Market, by Deployment

Cloud
On-Premise

North America Tokenization Market, by Enterprise Size

SMEs
Large Enterprise

North America Tokenization Market, by Industry Vertical

BFSI
Retail
IT & Telecom
Healthcare
Government
Others

North America Tokenization Market, by Country

Australia
China
India
Japan
South Korea
Rest of APAC

North America Tokenization Market-Companies Mentioned

Broadcom, Inc.
CipherCloud, Inc.
Fiserv, Inc.
OpenText Corporation
Sequent Software Inc.
Thales Group
Visa, Inc.
FUTUREX
TokenEx

North America 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 Solution Services By Deployment Cloud and On-premise By Enterprise Size SMEs Large Enterprises By Industry Vertical BFSI Retail IT & Telecom Healthcare Government
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Broadcom, Inc. CipherCloud, Inc. Fiserv, Inc. OpenText Corporation Sequent Software Inc. Thales Group Visa, Inc. FUTUREX TokenEx

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the North America Tokenization Market report deliverables?

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

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