Tokenization Market Size Poised to Reach USD 9.43 Billion by 2030, 19.5% CAGR - Gemalto, Symantec, Square Drive Growth
Global Tokenization Market Poised for Growth at CAGR of 19.5% Through 2030 The global tokenization market is expected to reach USD 9.43 billion by 2030, growing at a compound annual growth rate (CAGR) of 19.5% from 2023. This growth is driven by several factors, including: Rising concerns for data security: Businesses are increasingly adopting tokenization to reduce the storage of sensitive data, enhancing security in credit card and e-commerce transactions. Regulatory compliance demands: Stringent regulations like GDPR and PCI DSS compel organizations to prioritize data security and adhere to compliance standards. Increasing adoption of blockchain solutions: The growing interest in blockchain technology fosters the integration of tokenization for secure data transmission and storage. Here is the link for the preview of the dynamic Tokenization Market: https://www.maximizemarketresearch.com/request-sample/22137 Market Overview: Tokenization is a pr