Blockchain in BFSI Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global blockchain in BFSI market is expected to grow at a CAGR of around 50.8% during 2025-2034. This report on global blockchain in BFSI market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global blockchain in BFSI market by segmenting the market based on type, component, application, end user and region. Also, detailed profiles of companies operating in the blockchain in BFSI market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increase In Need for Transactions Transparency
• Greater Adoption in Cross-border Payments
Market Challenges
• Scarcity of Skilled Workforce
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Type
• Private
• Public
• Consortium
• Hybrid
Market by Component
• Platform
• Services
Market by Application
• Digital Currency
• Record Keeping
• Payments and Settlement
• Smart Contracts
• Compliance Management
• Other Applications
Market by End User
• Banking
• Insurance
• Non-Banking Financial Companies (NBFCs)
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Blockchain in BFSI Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Blockchain in BFSI Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Blockchain in BFSI Market by Type
- 5.1. Introduction
- 5.2. Private
- 5.3. Public
- 5.4. Consortium
- 5.5. Hybrid
- 6. Global Blockchain in BFSI Market by Component
- 6.1. Introduction
- 6.2. Platform
- 6.3. Services
- 7. Global Blockchain in BFSI Market by Application
- 7.1. Introduction
- 7.2. Digital Currency
- 7.3. Record Keeping
- 7.4. Payments and Settlement
- 7.5. Smart Contracts
- 7.6. Compliance Management
- 7.7. Other Applications
- 8. Global Blockchain in BFSI Market by End User
- 8.1. Introduction
- 8.2. Banking
- 8.3. Insurance
- 8.4. Non-Banking Financial Companies (NBFCs)
- 9. Global Blockchain in BFSI Market by Region
- 9.1. Introduction
- 9.2. Europe
- 9.2.1. Germany
- 9.2.2. United Kingdom
- 9.2.3. France
- 9.2.4. Italy
- 9.2.5. Spain
- 9.2.6. Russia
- 9.2.7. Netherlands
- 9.2.8. Rest of the Europe
- 9.3. North America
- 9.3.1. United States
- 9.3.2. Canada
- 9.4. Asia Pacific
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. India
- 9.4.4. South Korea
- 9.4.5. Australia
- 9.4.6. Indonesia
- 9.4.7. Rest of the Asia Pacific
- 9.5. Latin America
- 9.5.1. Mexico
- 9.5.2. Brazil
- 9.5.3. Argentina
- 9.5.4. Rest of Latin America
- 9.6. Middle East & Africa
- 9.6.1. Saudi Arabia
- 9.6.2. Turkey
- 9.6.3. Iran
- 9.6.4. United Arab Emirates
- 9.6.5. Rest of Middle East & Africa
- 10. SWOT Analysis
- 11. Porter’s Five Forces
- 12. Market Value Chain Analysis
- 13. Competitive Landscape
- 13.1. Competitive Scenario
- 13.2. Company Profiles
- 13.2.1. AlphaPoint
- 13.2.2. Amazon Web Services, Inc.
- 13.2.3. Auxesis Services & Technologies (P) Ltd.
- 13.2.4. Bitfury Group Limited
- 13.2.5. Hewlett Packard Enterprise Development LP
- 13.2.6. Infosys Limited
- 13.2.7. International Business Machines Corporation
- 13.2.8. Microsoft Corporation
- 13.2.9. Oracle Corporation
- 13.2.10. SAP
- List of Figures
- Figure 1: Global Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 2: Global Blockchain in BFSI Market by Type, 2024
- Figure 3: Global Blockchain in BFSI Market by Component, 2024
- Figure 4: Global Blockchain in BFSI Market by Application, 2024
- Figure 5: Global Blockchain in BFSI Market by End User, 2024
- Figure 6: Global Blockchain in BFSI Market by Region, 2024
- Figure 7: Global Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 8: Global Blockchain in BFSI Market by Type (in %), 2024 & 2034
- Figure 9: Global Private Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 10: Global Private Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 11: Global Public Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 12: Global Public Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 13: Global Consortium Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 14: Global Consortium Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 15: Global Hybrid Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 16: Global Hybrid Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 17: Global Blockchain in BFSI Market by Component (in %), 2024 & 2034
- Figure 18: Global Platform Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 19: Global Platform Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 20: Global Services Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 21: Global Services Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 22: Global Blockchain in BFSI Market by Application (in %), 2024 & 2034
- Figure 23: Global Digital Currency Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 24: Global Digital Currency Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 25: Global Record Keeping Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 26: Global Record Keeping Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 27: Global Payments and Settlement Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 28: Global Payments and Settlement Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 29: Global Smart Contracts Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 30: Global Smart Contracts Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 31: Global Compliance Management Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 32: Global Compliance Management Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 33: Global Other Applications Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 34: Global Other Applications Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 35: Global Blockchain in BFSI Market by End User (in %), 2024 & 2034
- Figure 36: Global Banking Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 37: Global Banking Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 38: Global Insurance Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 39: Global Insurance Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 40: Global Non-Banking Financial Companies (NBFCs) Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 41: Global Non-Banking Financial Companies (NBFCs) Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 42: Global Blockchain in BFSI Market by Region (in %), 2024 & 2034
- Figure 43: Europe Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 44: Europe Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 45: Europe Blockchain in BFSI Market by Country (in %), 2024 & 2034
- Figure 46: Germany Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 47: United Kingdom Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 48: France Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 49: Italy Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 50: Spain Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 51: Russia Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 52: Netherlands Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 53: North America Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 54: North America Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 55: North America Blockchain in BFSI Market by Country (in %), 2024 & 2034
- Figure 56: United States Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 57: Canada Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 58: Asia Pacific Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 59: Asia Pacific Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 60: Asia Pacific Blockchain in BFSI Market by Country (in %), 2024 & 2034
- Figure 61: China Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 62: Japan Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 63: India Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 64: South Korea Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 65: Australia Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 66: Indonesia Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 67: Latin America Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 68: Latin America Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 69: Latin America Blockchain in BFSI Market by Country (in %), 2024 & 2034
- Figure 70: Mexico Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 71: Brazil Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 72: Argentina Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 73: Middle East & Africa Blockchain in BFSI Market (in US$ Million), 2020-2024
- Figure 74: Middle East & Africa Blockchain in BFSI Market (in US$ Million), 2025-2034
- Figure 75: Middle East & Africa Blockchain in BFSI Market by Country (in %), 2024 & 2034
- Figure 76: Saudi Arabia Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 77: Turkey Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 78: Iran Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 79: UAE Blockchain in BFSI Market (in US$ Million), 2020-2034
- Figure 80: Market Value Chain
- List of Tables
- Table 1: Global Blockchain in BFSI Market Portraiture
- Table 2: Global Blockchain in BFSI Market by Type (in US$ Million), 2024 & 2034
- Table 3: Global Blockchain in BFSI Market by Component (in US$ Million), 2024 & 2034
- Table 4: Global Blockchain in BFSI Market by Application (in US$ Million), 2024 & 2034
- Table 5: Global Blockchain in BFSI Market by End User (in US$ Million), 2024 & 2034
- Table 6: Global Blockchain in BFSI Market by Region (in US$ Million), 2024 & 2034
- Table 7: Europe Blockchain in BFSI Market by Country (in US$ Million), 2024 & 2034
- Table 8: North America Blockchain in BFSI Market by Country (in US$ Million), 2024 & 2034
- Table 9: Asia Pacific Blockchain in BFSI Market by Country (in US$ Million), 2024 & 2034
- Table 10: Latin America Blockchain in BFSI Market by Country (in US$ Million), 2024 & 2034
- Table 11: Middle East & Africa Blockchain in BFSI Market by Country (in US$ Million),
- 2024 & 2034
- Table 12: List of Key Players
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