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(MoneyNewsWire.Net, September 22, 2018 ) Tokenization Market
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.
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.
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Competitive Landscape:
The major players in the market are as follows:
Tokenex, LLC
Paymetric, Inc.
Liaison Technologies, Inc.
Futurex
Hewlett Packard Enterprise
Ciphercloud
Symantec Corporation
First Data Corporation
Gemalto NV
Cardconnect Corp.
Cybersource
Thales E-Security, Inc.
Protegrity Usa, Inc.
3delta Systems, Inc.
Fiserv, Inc.
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Table Of Content
1 Introduction Of The Global Tokenization
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global Tokenization Outlook
5 The Global Tokenization, By Systems
6 The Global Tokenization, By Service
7 The Global Tokenization, By Verticals
8 The Global Tokenization, By Applications
9 The Global Tokenization, By Geography
10 The Global Tokenization Competitive Landscape
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Tokenization market
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- The key findings and recommendations highlight crucial progressive industry trends in the Tokenization market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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