Global Blockchain Technology in BFSI Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Blockchain Technology in BFSI Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our latest research, the global Blockchain Technology in BFSI market size will reach USD million in 2030, growing at a CAGR of % over the analysis period.

A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way". For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires consensus of the network majority.

The Blockchain Technology in BFSI market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

One driver in the market is increasing government investments in blockchain technology. The increasing investments in blockchain technology by various governments across the world is a major factor driving the growth of the global blockchain technology market in BFSI sector. Countries such as the UK, Canada, Russia, and China are experimenting by placing their national currencies on the blockchain. One of the major factors hindering the growth of the global blockchain technology market in BFSI sector is the lack of trust in the blockchain technology. The growing adoption of blockchain technology by the BFSI companies in Europe, will drive the growth prospects of the blockchain technology market in BFSI sector in EMEA. As a result, this region will be the major contributor to the blockchain market by the end of the forecast period.

Market segmentation

Blockchain Technology in BFSI market is split by Type and by Application. For the period 2024-2030, the growth among segments provide accurate calculations and forecasts for revenue by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type, covers
Public Blockchain
Consortium Blockchain
Private Blockchain

Market segment by Application, can be divided into
Banking & Financial Services Industry
Others

Market segment by players, this report covers
IBM
Microsoft
Amazon

Market segment by regions, regional analysis covers
North America
Europe
Asia-Pacific (China, Japan, South Korea, Rest of Asia-Pacific)
South America
Middle East & Africa

The content of the study subjects, includes a total of 8 chapters:

Chapter 1, to describe Blockchain Technology in BFSI product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top players of Blockchain Technology in BFSI, with recent developments and future plans

Chapter 3, the Blockchain Technology in BFSI competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4, to break the market size data at the region level, with key companies in the key region and Blockchain Technology in BFSI market forecast, by regions, with revenue, from 2024 to 2030.

Chapter 5 and 6, to segment the market size by Type and application, with revenue and growth rate by Type, application, from 2024 to 2030.

Chapter 7 and 8, to describe Blockchain Technology in BFSI research findings and conclusion, appendix and data source.