Canada Tokenization Market Size & Outlook, 2025-2030
The tokenization market in Canada is expected to reach a projected revenue of US$ 448.1 million by 2030. A compound annual growth rate of 25.7% is expected of Canada tokenization market from 2025 to 2030.
Revenue, 2024 (US$M)
$117.8
Forecast, 2030 (US$M)
$448.1
CAGR, 2025 - 2030
25.7%
Report Coverage
Canada
Related Markets
Canada tokenization market highlights
- The Canada tokenization market generated a revenue of USD 117.8 million in 2024 and is expected to reach USD 448.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 21% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Tokenization market data book summary
| Market revenue in 2024 | USD 117.8 million |
| Market revenue in 2030 | USD 448.1 million |
| Growth rate | 21% (CAGR from 2024 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, Canada accounted for 3.4% of the global tokenization market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. tokenization market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 448.1 million by 2030.
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Tokenization Market Scope
Tokenization market segmentation & scope
Tokenization Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Visa Inc Class A | View profile | 28800 | P.O. Box 8999, San Francisco, CA, United States, 94128-8999 | https://www.usa.visa.com |
| Mastercard Inc Class A | View profile | 33400 | 2000 Purchase Street, Purchase, NY, United States, 10577 | https://www.mastercard.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| American Express Co | View profile | 74600 | 200 Vesey Street, New York, NY, United States, 10285 | https://www.americanexpress.com |
| Fiserv Inc | View profile | 42000 | 255 Fiserv Drive, Brookfield, WI, United States, 53045 | https://www.fiserv.com |
| Open Text Corp | View profile | 23700 | 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1 | https://www.opentext.com |
Canada tokenization market size, by component, 2018-2030 (US$M)
Canada Tokenization Market Outlook Share, 2024 & 2030 (US$M)
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