Category: Art

Tokenization Market: Global Industry Analysis and Forecast 2021-2027 The Global Tokenization market was valued at US $1.90 Bn. in 2020, and it is expected to reach US $6.61 Bn. by 2027 with a CAGR of 19.5% during the forecast period. The growing requirement to be compliant with regulations, as well as the growing demand to create a consistent user experience and maintain fraud prevention levels due to increased financial crimes, are driving the tokenization market. Furthermore, rising demand for cloud-based tokenization solutions and services, as well as increased customer alignment towards contactless payments, will present attractive prospects for tokenization suppliers.