Market Research Report
Global Blockchain Technology Market in BFSI Sector 2021-2025
|Global Blockchain Technology Market in BFSI Sector 2021-2025|
Published: November 24, 2021
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the blockchain technology market in BFSI sector and it is poised to grow by $ 3.29 bn during 2021-2025, progressing at a CAGR of 36.41% during the forecast period. Our report on the blockchain technology market in BFSI sector 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increase in FinTech spending and easier access to technology. In addition, increase in FinTech spending is anticipated to boost the growth of the market as well.
The blockchain technology market in BFSI sector analysis includes the type segment and geographic landscape.
Technavio's blockchain technology market in BFSI sector is segmented as below:
By Geographical Landscape
This study identifies the disintermediation of banking servicesas one of the prime reasons driving the blockchain technology market growth in BFSI sector during the next few years.
Technavio 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. Our report on blockchain technology market in BFSI sector covers the following areas:
Technavio's 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 market vendors in BFSI sector that include Accenture Plc, AlphaPoint Corp., Amazon.com Inc., Bitfury Group Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., and Tata Consultancy Services Ltd. Also, the blockchain technology market in BFSI sector 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.
Technavio 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. Technavio's 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.