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Global Blockchain Technology Market in BFSI Sector Market 2024-2028

Publisher TechNavio
Published Oct 12, 2023
Length 182 Pages
SKU # INF18267372

Description

Global Blockchain Technology In BFSI Market 2024-2028


The blockchain technology in BFSI market is forecasted to grow by USD 48213.34 mn during 2023-2028, accelerating at a CAGR of 67.84% during the forecast period. The report on the blockchain technology in BFSI market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in fintech spending, easier access to technology, and disintermediation of banking services.

Technavio's blockchain technology in BFSI market is segmented as below:

By End-user
  • Banks
  • Insurance
  • Non-banking financial companies
By Type
  • Public blockchain
  • Private blockchain
  • Consortium blockchain
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the advent of artificial intelligence (AI) as one of the prime reasons driving the blockchain technology in BFSI market growth during the next few years. Also, growth in quantum computing and rise of blockchain as a service will lead to sizable demand in the market.

The report on the blockchain technology in BFSI market covers the following areas:
  • Blockchain technology in BFSI market sizing
  • Blockchain technology in BFSI market forecast
  • Blockchain technology in BFSI market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blockchain technology in BFSI market vendors that include Accenture Plc, Amazon.com Inc., Bitfury Group Ltd., Cegeka, ConsenSys Software Inc., Dragonchain, Factom, GuardTime OU, Huawei Technologies Co. Ltd., Infosys Ltd., Intel Corp., International Business Machines Corp., Nippon Telegraph and Telephone Corp., Oracle Corp., SAP SE, SpinSys, Stratis Group Ltd., Tata Consultancy Services Ltd., Wipro Ltd., and WonderFi Technologies Inc. Also, the blockchain technology in BFSI market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth

Table of Contents

182 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global blockchain technology market in BFSI sector market 2018 - 2022
    • End-user Segment Analysis 2018 - 2022
    • Type Segment Analysis 2018 - 2022
    • Geography Segment Analysis 2018 - 2022
    • Country Segment Analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by End-user
    • Banks - Market size and forecast 2023-2028
    • Insurance - Market size and forecast 2023-2028
    • Non-banking financial companies - Market size and forecast 2023-2028
    • Market opportunity by End-user
    • Market segments
    • Comparison by Type
    • Public blockchain - Market size and forecast 2023-2028
    • Private blockchain - Market size and forecast 2023-2028
    • Consortium blockchain - Market size and forecast 2023- 2028
    • Market opportunity by Type
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • APAC - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023- 2028
    • US - Market size and forecast 2023-2028
    • Canada - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • UK - Market size and forecast 2023-2028
    • Germany - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • Accenture Plc
    • Amazon.com Inc.
    • Bitfury Group Ltd.
    • ConsenSys Software Inc.
    • GuardTime OU
    • Huawei Technologies Co. Ltd.
    • Infosys Ltd.
    • Intel Corp.
    • International Business Machines Corp.
    • Nippon Telegraph and Telephone Corp.
    • Oracle Corp.
    • SAP SE
    • SpinSys
    • Tata Consultancy Services Ltd.
    • Wipro Ltd.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

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