According to Cognitive Market Research, the global Tokenization market size is USD 2514.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 19.60% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1005.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 754.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 578.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 125.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 50.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.3% from 2024 to 2031.
Large enterprises held the highest Tokenization market revenue share in 2024.
