付款的權標化市場:主要的機會,市場區隔分析,市場預測(2022年~2027年)
市場調查報告書
商品編碼
1105238

付款的權標化市場:主要的機會,市場區隔分析,市場預測(2022年~2027年)

Payment Tokenization: Key Opportunities, Segment Analysis & Market Forecasts 2022-2027

出版日期: | 出版商: Juniper Research Ltd | 英文 | 商品交期: 最快1-2個工作天內

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簡介目錄

本報告提供付款的權標化市場相關調查,市場概要,以及各市場區隔趨勢,市場預測,及加入此市場的供應商簡介等資訊。

目錄

第1章 重要點和策略性推薦事項

第2章 市場形勢

  • 簡介
  • 付款編配
  • 權標化
  • PCI CPoC
  • EMVCo形成的市場
  • P2PE(點對點加密)

第3章 市場區隔分析

  • 簡介
  • 卡出示型交易
  • 電子商務
  • 手機付款
  • IoT付款

第4章 Juniper Research的競爭企業排行榜

  • 閱讀本報告的理由
  • 業者簡介
    • Adyen
    • American Express
    • Braintree
    • Carta Worldwide
    • EdgeVerve
    • Fiserv
    • Giesecke+Devrient
    • IDEMIA
    • Mastercard
    • Micro Focus
    • Protegrity
    • Shift4
    • Spreedly
    • Thales
    • Visa
  • Juniper Research排行榜的評估調查手法

第5章 市場預測

  • 簡介
  • 調查手法與前提
  • 付款權標化的預測
簡介目錄

Juniper Research's “Payment Tokenisation” report provides detailed analysis of the evolution of this dynamic market. The report considers the current status of the tokenisation market, how it is has been shaped by EMVCo standards, and changes that network tokenisation will bring with it. In addition, the research evaluates the tokenisation market through the lens of different payment methods; considering card-present transactions, eCommerce, mobile payments and IoT payments.

It further covers current market opportunities, key recommendations, future prospects and the role of 15 leading vendors across the payment tokenisation market via the Juniper Research competitor Leaderboard. The research also presents detailed market forecasts; delivering insights into the total number of tokenised transactions and segmenting payment tokenisation revenue by revenue stream:

  • Token provisioning revenue
  • Token management revenue

This research suite comprises:

  • Strategy and Forecasts (pdf)
  • 5-year Market Sizing & Forecast Spreadsheet (Excel)

KEY FEATURES

  • Market Dynamics: Provides extensive insight into the market landscape; highlighting the various forms of tokenisation and analysing trends in the payment tokenisation market.
  • Segment Analysis: Introduction to the current status of, and future outlook for, the payment tokenisation market in regard to four key payment types:
    • Card-Present Transactions
    • eCommerce Transactions
    • Mobile Payments
    • IoT Payments
  • Juniper Research Competitor Leaderboard: Key player capabilities and capacity assessment for 15 payment tokenisation vendors:
    • Adyen
    • American Express
    • Braintree
    • Carta Worldwide
    • Edgeverve
    • Fiserv
    • G+D
    • IDEMIA
    • Mastercard
    • Micro Focus
    • Protegrity
    • Shift4
    • Spreedly
    • Thales
    • Visa
  • Industry Forecasts: Forecasts for payment tokenisation, including the total volume and total value of payments tokenised, split by card present, contactless, remote and IoT payments. The forecast runs to 2027 and is also split by our key regions and the 60 countries listed below:
    • Algeria
    • Argentina
    • Australia
    • Austria
    • Bangladesh
    • Belgium
    • Brazil
    • Canada
    • Chile
    • China
    • Colombia
    • Croatia
    • Czech Republic
    • Denmark
    • Ecuador
    • Egypt
    • Finland
    • France
    • Germany
    • Greece
    • Hong Kong
    • Hungary
    • India
    • Indonesia
    • Ireland
    • Israel
    • Italy
    • Japan
    • Kenya
    • Kuwait
    • Malaysia
    • Mexico
    • Nepal
    • Netherlands
    • New Zealand
    • Nigeria
    • Norway
    • Pakistan
    • Peru
    • Philippines
    • Poland
    • Portugal
    • Qatar
    • Romania
    • Russia
    • Saudi Arabia
    • Singapore
    • South Africa
    • South Korea
    • Spain
    • Sweden
    • Switzerland
    • Thailand
    • Turkey
    • UK
    • Ukraine
    • United Arab Emirates
    • Uruguay
    • US
    • Vietnam

KEY QUESTIONS ANSWERED

  • 1. What are the current trends in the payment tokenisation market?
  • 2. What is driving growth in the tokenisation market?
  • 3. Who are the leading vendors in the tokenisation market?
  • 4. What are the future prospects for the payment tokenisation market?
  • 5. Which markets will see the strongest payment tokenisation growth?

COMPANIES REFERENCED

  • Interviewed: Giesecke+Devrient, IDEMIA, Spreedly, Thales, Visa.
  • Included in the Juniper Research Competitor Leaderboard: Adyen, American Express, Braintree, Carta Worldwide, EdgeVerve, Fiserv, Giesecke+Devrient, IDEMIA, Mastercard, Micro Focus, Protegrity, Shift4, Spreedly, Thales, Visa.
  • Mentioned: 3DCart, Acquired, Acrus, African Banking Corporation, Aiia, Aion, Airbnb, Allegacy Federal Credit Union, Amazon, Apple, Arc'teryx, Authasas, Axis Bank, Bancolombia, Bank Liberty, BCP (Banco de Crédito del Perú), BentoBox, BigCommerce, British Airways, CBDC (Central Bank Digital Currency), Central Bank, CipherTrace, Citi, Clover, CoPilot, Currencycloud, Cybersource, Delta Airlines, DiPocket, Discover Financial Services, DocuSign, Dropbox, Dynamic Yield, EasyJet, eBay, Elo, E-Merge, Emirates NBD, Equifax, Equity Bank, eServGlobal, Finacle, Finaro, Fitbit, FitPay, Garmin, Gemalto, ghd, GitHub, GM, Google, Groupon, Harold Mechelynck, HealthCare First Credit Union, Hilton, HomeSend, Horizon Investments, HPB, IBM, ICICI Bank, Infosys, ING, Ingenico, Inside Secure, ISO (International Organization for Standardization), JCB, JustPark, Kavado, Konsentus, Kotak Mahindra Bank, Kount, Levi's, Lianlian DigiTech Co, Lighthouse Network, Magento, Marqeta, Masterpass, MatchMove, McDonalds, MODO, Modulr, Mogo, NBT Bank, Netcetera, Nets, New York Community Bank, NPCI (National Payments Corporation of India), NXP Semiconductors, OmniSecure, OpenCart, Oracle, PayCentral, PayPal, Pineapple Payments, Pizza Express, Portland Local 8 Federal Credit Union, PushPay, RakBank, Rambus, Rappi, RBI (Reserve Bank of India), RCBC, Royal Cyber, RuPay, Salesforce, Samsung, Santander, SAP, SeatGeek, Shopify, ShopWare, ShopWired, Sionic Mobile, Skyscanner, Smartlink, Sodexo, Soft Space, Spectrum Equity, Spotify, Staley Credit Union, Standard Bank, State Bank of India, STG (Summit Technology Group), Strawhecker Group, Stripe, Tappy Technologies, The Giving Block, TPP Finicity, Trust, Uber, UNCATD, Utilita, Venmo, Veracity Solutions, Verifi, Verizon, White Castle, White Label Alliance, WooCommerce, Worldline, WorldPay, Xcelera, Yellowbrick, Yodel, Zeta.

DATA & INTERACTIVE FORECAST

Juniper Research's “Payment Tokenisation” forecast suite includes:

  • Forecast splits for 8 key regions, as well as 60 country-level data splits for:
    • Algeria
    • Argentina
    • Australia
    • Austria
    • Bangladesh
    • Belgium
    • Brazil
    • Canada
    • Chile
    • China
    • Colombia
    • Croatia
    • Czech Republic
    • Denmark
    • Ecuador
    • Egypt
    • Finland
    • France
    • Germany
    • Greece
    • Hong Kong
    • Hungary
    • India
    • Indonesia
    • Ireland
    • Israel
    • Italy
    • Japan
    • Kenya
    • Kuwait
    • Malaysia
    • Mexico
    • Nepal
    • Netherlands
    • New Zealand
    • Nigeria
    • Norway
    • Pakistan
    • Peru
    • Philippines
    • Poland
    • Portugal
    • Qatar
    • Romania
    • Russia
    • Saudi Arabia
    • Singapore
    • South Africa
    • South Korea
    • Spain
    • Sweden
    • Switzerland
    • Thailand
    • Turkey
    • UK
    • Ukraine
    • United Arab Emirates
    • Uruguay
    • US
    • Vietnam
  • Forecasts for payment tokenisation revenue, split by payment type and token provisioning revenue and token management revenue.
  • Interactive scenario tool allowing users to manipulate Juniper Research's data for four different metrics.
  • Access to the full set of forecast data of 64 tables and more than 48,500 datapoints.

Juniper Research's highly granular IFxls (interactive Excels) enable clients to manipulate our forecast data and charts to test their own assumptions, by using the Interactive Scenario Tool, and compare select markets side by side in customised charts and tables. IFxls greatly increase clients' ability to both understand a particular market and to integrate their own views into the model.

FORECAST SUMMARY

The total volume of tokenised payment transactions will surpass 1 trillion by 2026, rising from 680 million in 2022. This represents a growth of 58% over the next four years. It attributed this growth to the rise of 'one-click' solutions, such as Click-to-Pay, that use card-on-file tokenisation to store a customer's payment credentials, enabling them to auto-fill their checkout details and complete transactions via a single click.

  • Tokenisation growth is being driven by increasing adoption of one-click solutions by merchants within eCommerce to reduce friction, and by card networks, who are encouraging mass adoption of tokenisation at the network level to improve payment approval rates.
  • The volume of tokenised online and mobile eCommerce transactions is anticipated to grow by 74% by 2026. This growth is driven by the increasing customer expectation of a frictionless checkout experience, which one-click solutions via tokenisation offer.
  • IoT payments offer the largest growth amongst the tokenisation market over the next five years, with tokenised IoT transactions expected to reach 19 billion by 2027; growing 400% from just 3.8 billion in 2022. Tokenisation is critical in facilitating IoT payments; enabling transactions to be made via new use cases and form factors, unlocking new revenue opportunities for payment provider

Table of Contents

1. Key Takeaways & Strategic Recommendations

  • 1.1. Key Takeaways
  • 1.2. Strategic Recommendations

2. Market Landscape

  • 2.1. Introduction
    • 2.1.1. Definitions & Report Scope
  • 2.2. Payment Orchestration
  • 2.3. Tokenisation
    • 2.3.1. Types of Tokenisation
    • 2.3.2. Single-use vs Persistent Tokens
      • Table 2.1: Types of Tokenisation
    • 2.3.3. Benefits of Tokenisation
    • 2.3.4. Tokenisation and Security
  • 2.4. PCI CPoC
  • 2.5. A Market Shaped by EMVCo
    • 2.5.1. EMVCo and IoT
    • 2.5.2. EMV, eCommerce & Interoperability
  • 2.6. P2PE (Point-to-Point Encryption)
    • 2.6.1. White-box Cryptography

3. Segment Analysis

  • 3.1. Introduction
    • Figure 3.1: Tokenisation Across Channels and Devices
  • 3.2. Card Present Transactions
  • 3.3. eCommerce
    • Figure 3.2: 'Click-to-Pay' Icon
  • 3.4. Mobile Payments
    • Figure 3.3: Visa's eCommerce and Mobile Payments Tokenisation Solution Process
  • 3.5. IoT Payments
    • Figure 3.4: Visa's IoT Payments Solution Model

4. Juniper Research Competitor Leaderboard

  • 4.1. Why Read This Report
    • Table 4.1: Juniper Research Leaderboard: Payment Tokenisation Vendors Included & Product Portfolio
    • Table 4.2: Juniper Research Leaderboard Assessment Criteria
    • Figure 4.3: Juniper Research Leaderboard for Payment Tokenisation
    • Table 4.4: Juniper Research Leaderboard Vendors & Positioning
    • Table 4.5: Juniper Research Competitor Leaderboard Heatmap
  • 4.2. Vendor Profiles
    • 4.2.1. Adyen
      • i. Corporate
        • Table 4.6: Adyen's Financial Snapshot, $m, FY 2020-2021
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.2. American Express
      • i. Corporate
        • Table 4.7: American Express' Financial Snapshot, ($m), FY 2020-2021
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.3. Braintree
      • i. Corporate
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.4. Carta Worldwide
      • i. Corporate
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
        • Figure 4.8: Carta Worldwide's Fintech Customers
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.5. EdgeVerve
      • i. Corporate
        • Table 4.9: EdgeVerve's Financial Snapshot, ($m), FY 2020-2021
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.6. Fiserv
      • i. Corporate
        • Table 4.10: Fiserv's Financial Snapshot, ($m), FY 2020-2021
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.7. Giesecke+Devrient
      • i. Corporate
        • Table 4.11: Giesecke+Devrient's Financial Snapshot ($m), FY 2020-2021
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.8. IDEMIA
      • i. Corporate Overview
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.9. Mastercard
      • i. Corporate
        • Table 4.12: Mastercard's Financial Snapshot, ($m), FY 2020-2021
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.10. Micro Focus
      • i. Corporate
        • Table 4.13: Micro Focus' Financial Snapshot, ($m), FY 2021-2020
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
        • Figure 4.14: Micro Focus Strategic Alliance Network
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.11. Protegrity
      • i. Corporate
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.12. Shift4
      • i. Corporate
        • Table 4.15: Shift4's Financial Snapshot, ($m), FY 2020-2019
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.13. Spreedly
      • i. Corporate
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.14. Thales
      • i. Corporate
        • Table 4.16: Thales' Financial Snapshot ($m), FY 2020-2021
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
        • Figure 4.17: Thales TSH SDK Security Protocols
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
    • 4.2.15. Visa
      • i. Corporate
        • Table 4.18: Visa's Financial Snapshot, ($m), FY 2020-2021
      • ii. Geographic Spread
      • iii. Key Clients & Strategic Partnerships
      • iv. High-level View of Offerings
      • v. Juniper Research's View: Key Strengths & Strategic Development Opportunities
  • 4.3. Juniper Research Leaderboard Assessment Methodology
    • 4.3.1. Limitations & Interpretations

5. Market Forecasts

  • 5.1. Introduction
  • 5.2. Methodology & Assumptions
    • Figure 5.1: Market Forecast Methodology - CP Payments
    • Figure 5.2: Market Forecast Methodology - eCommerce
    • Figure 5.3: Market Forecast Methodology - Remote Mobile Payments
    • Figure 5.4: Market Forecast Methodology - Contactless Mobile Payments
    • Figure 5.5: Market Forecast Methodology - All Mobile Payments
    • Figure 5.6: Market Forecast Methodology - IoT Payments
    • Figure 5.7: Market Forecast Methodology - All Payments
  • 5.3. Payment Tokenisation Forecasts
    • 5.3.1. Global Total Tokenisation Revenue for CP Transactions
      • Figure & Table 5.8: Total CP Tokenisation Revenue ($m), 2022-2027
      • Table 5.9: Breakdown of Global Total Tokenisation Revenue for CP Transactions ($m), 2022-2027
    • 5.3.2. Global Total Online eCommerce Tokenisation Revenue
      • Figure & Table 5.10: Total Online eCommerce Tokenisation Revenue ($m), 2022-2027
      • Table 5.11: Breakdown of Global Total Tokenisation Revenue for eCommerce Transactions ($m), 2022-2027
    • 5.3.3. Global Total Mobile eCommerce Tokenisation Revenue
      • Figure & Table 5.12: Total Mobile eCommerce Tokenisation Revenue ($m), 2022-2027
      • Table 5.13: Breakdown of Global Total Tokenisation Revenue for eCommerce Transactions ($m), 2022-2027
    • 5.3.4. Global Total Mobile Contactless Tokenisation Revenue
      • Figure & Table 5.14: Total Mobile Contactless Tokenisation Revenue ($m), 2022-2027
      • Table 5.15: Breakdown of Global Total Tokenisation Revenue for eCommerce Transactions ($m), 2022-2027
    • 5.3.5. Global Total Tokenisation Revenue for IoT Payments
      • Figure & Table 5.16: Total IoT Tokenisation Revenue ($m), 2022-2027
      • Table 5.17: Breakdown of Global Total IoT Tokenisation Revenue ($m), 2022-2027
    • 5.3.6. Global Total Tokenisation Revenue for All Payments
      • Figure & Table 5.18: Total Global Tokenisation Revenue ($m), 2022-2027
      • Table 5.19: Breakdown of Total Global Tokenisation Revenue ($m), 2022-2027