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Token Service Provider Revenue by Region

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SOURCE RESEARCH

New Forms of Payment Tokenization

Report | 2Q 2025 | AN-6327

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Payment tokenization is increasingly becoming the lynchpin of digitalized transactions, facilitating regulatory compliance, while minimizing friction along the payments value chain. ABI Research forecasts the market for token services to increase from US$616 million in 2024 to more than US$1 billion by 2032. North America, while having lagged behind Europe in previous years, will lead the charge in payment tokenization services revenue throughout the forecast window.