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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.Speak directly to the analyst to clarify any post sales queries you may have.
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.
The 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
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 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
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global blockchain technology in BFSI market: 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.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is advent of artificial intelligence (AI).'
According to the report, one of the major drivers for this market is the increase in fintech spending.
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 a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
- WonderFi Technologies Inc