Increasing demand for distributed ledger technology in banks and rising adoption of blockchain technology for capital optimization are facyors driving blockchain technology in BFSI market growth.
The global blockchain technology in BFSI market is forecast to reach a market size of USD 70,026.4 Million by 2028, and register a rapid CAGR, according to latest analysis by Emergen Research. Growth of the global blockchain technology in BFSI market is expected to increase significantly in terms of revenue during the forecast period due to increasing demand for distributed ledger technology in banks.
Rising adoption of blockchain technology for capital optimization is also a major factor expected to further boost global blockchain technology in BFSI market growth during the forecast period. Increasing adoption of blockchain technology for cross-border payments is expected to further support growth in market size in future.
The latest market intelligence report, titled ‘Global Blockchain Technology in BFSI Market’, is intended to provide the target audience with the necessary information about the global Blockchain Technology in BFSI industry.
Public blockchain segment is expected to lead in terms of revenue expansion at a CAGR of 75.3% during the forecast period. This high growth rate can be attributed to increasing application of public blockchain type applications such as Ethereum and Bitcoin.
To gain useful market insights, grab a sample copy of this report@ https://www.emergenresearch.com/request-sample/488
Key highlights of the Global Blockchain Technology in BFSI Market report:
- The latest report performs an in-depth study of the potential opportunities and risks associated with the global Blockchain Technology in BFSI market, alongside studying the recent innovations and major events.
- It offers a conclusive study of the future growth trajectory of the Blockchain Technology in BFSI market and throws light on various market drivers, challenges, and constraints.
- A detailed synopsis of the market includes the rapidly changing market dynamics and an accurate prediction of the current, historical, and forecast market size in terms of volume and value
- The intensely competitive atmosphere of the global Blockchain Technology in BFSI market detailed in the report stresses on the product offerings and key strategies adopted by the established market players to strengthen their foothold in the industry.
- Key market participants include Microsoft Corporation, Amazon Web Services, Inc., International Business Machines Corporation, SAP SE, Oracle Corporation, Infosys Limited, Bitfury Group Limited, Auxesis Group, AlphaPoint Corporation, and Hewlett Packard Enterprise Development LP.
Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert@ https://www.emergenresearch.com/purchase-enquiry/488
The research study presents an industry-wide summary of the Blockchain Technology in BFSI market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Blockchain Technology in BFSI7 report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
The Blockchain Technology in BFSI market report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis.
- Type Outlook (Revenue, USD Million; 2021–2028)
- Consortium blockchain
- Private blockchain
- Hybrid blockchain
- Public blockchain
- Component Outlook (Revenue, USD Million; 2021–2028)
- Application Outlook (Revenue, USD Million; 2021–2028)
- Record keeping
- Compliance management
- Smart contract
- Digital currency
- End-use Outlook (Revenue, USD Million; 2021–2028)
- Non-banking financial company
Quick Buy- Blockchain Technology in BFSI Market Report@ https://www.emergenresearch.com/request-discount/488
The Blockchain Technology in BFSI industry report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions ask to our team:
- What is the growth rate of the Blockchain Technology in BFSI market? What is the anticipated market valuation of the Blockchain Technology in BFSI industry by 2027?
- What are the key growth driving and restraining factors of the Blockchain Technology in BFSI market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Blockchain Technology in BFSI industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
Take a look “Table of Content Blockchain Technology in BFSI market”
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Blockchain Technology in BFSI Market Segmentation & Impact Analysis
4.1. Blockchain Technology in BFSI Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Increasing adoption of blockchain technology for capital optimization
18.104.22.168. Rising adoption of blockchain technology to reduce counterparty risks
22.214.171.124. Increasing demand for instant settlements in BFSI sector
126.96.36.199. Growing demand for distributed ledger technology in banks
4.2.3. Market restraints analysis
188.8.131.52. Immutability issue
184.108.40.206. The high cost of blockchain technology
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Blockchain Technology in BFSI Market By Type Insights & Trends Revenue (USD Million)
5.1. Type Dynamics & Market Share, 2021 & 2028
5.1.1. Consortium blockchain
5.1.2. Private blockchain
5.1.3. Hybrid blockchain
5.1.4. Public blockchain
Chapter 6. Blockchain Technology in BFSI Market By Component Insights & Trends Revenue (USD Million)
6.1. Component Dynamics & Market Share, 2021 & 2028
Chapter 7. Blockchain Technology in BFSI Market By Application Insights & Trends Revenue (USD Million)
7.1. Application Dynamics & Market Share, 2021 & 2028
7.1.1. Record keeping
7.1.2. Compliance management
7.1.3. Smart contract
7.1.4. Digital currency
Request customization On Blockchain Technology in BFSI Industry Report by Emergen research@ https://www.emergenresearch.com/request-for-customization/488
Grab some Related Reports:
Personal Care Ingredients Market@ https://www.google.sm/url?q=https://www.emergenresearch.com/industry-report/personal-care-ingredients-market
Healthcare Analytics Market@ https://www.google.com.sa/url?q=https://www.emergenresearch.com/industry-report/healthcare-analytics-market
Mammography Workstations Market@ https://www.google.sn/url?q=https://www.emergenresearch.com/industry-report/mammography-workstations-market
Urgent Care Apps Market@ https://www.google.rs/url?q=https://www.emergenresearch.com/industry-report/urgent-care-apps-market
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Eric Lee Corporate Sales Specialist Emergen Research | Web: www.emergenresearch.com Direct Line: +1 (604) 757-9756 E-mail: firstname.lastname@example.org Facebook | LinkdIn | Twitter | Blogs
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
Facebook | LinkdIn | Twitter | Blogs