North America Fintech Blockchain Market Forecast 2023-2032

The North America fintech blockchain market is predicted to record a 40.02% CAGR during the estimation period 2023-2032. The increasing adoption of blockchain for digital identities, smart contracts, and payments boosts market growth.

MARKET INSIGHTS

The North America fintech blockchain market growth assessment entails the analysis of the United States and Canada. Supportive government activities primarily drive the Canada fintech blockchain market to promote blockchain technology coupled with the increasing adoption of blockchain technology for payments. The government has introduced a trial to explore the application of blockchain technology in making government research funding and grant information transparent to the public.

Additionally, the Regulatory Sandbox Initiative introduced by the Canadian Security Administrators (CSA) guides blockchain startups. This initiative explores new ways to promote the adoption of the technology to promise the direct token exchange of payment value that enable real-time clearing, messaging in a cryptographically resilient, and secure environment. Moreover, the increasing adoption of fintech blockchain technology for payments across Canada is expected to create lucrative growth opportunities for the fintech blockchain market during the forecast period.

COMPETITIVE INSIGHTS

Some of the prominent market players are: BTL Group, AlphaPoint, Coinbase, Accenture, Bitfury, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 22572

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. REAL-TIME TRANSACTIONS VIA SMART CONTRACTS
- 3.1.2. UPSURGE IN CRYPTOCURRENCY AND INITIAL COIN OFFERINGS
- 3.1.3. ZERO-KNOWLEDGE EVIDENCE-BASED AUTHENTICATION ECOSYSTEMS
- 3.1.4. INCREASING DEMAND FOR DISTRIBUTED LEDGER TECHNOLOGY (DLT)
- 3.1.5. CONVENIENT CROSS-PAYMENT SOLUTIONS
3.2. KEY RESTRAINTS
- 3.2.1. INEFFICIENT BUILT-IN SECURITY FEATURES
- 3.2.2. INABILITY TO SUPPORT THE EXTENSIVE COMMERCIAL APPLICATION
- 3.2.3. INITIALIZATION, IMPLEMENTATION, AND MAINTENANCE COSTS
- 3.2.4. CHALLENGES IN MODIFYING DATA
- 3.2.5. STRINGENT REGULATIONS

4. KEY ANALYTICS

4.1. IMPACT OF COVID-19 ON FINTECH BLOCKCHAIN MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. KEY BUYING CRITERIA
4.7. REGULATORY FRAMEWORK

5. MARKET BY ORGANIZATION SIZE

5.1. LARGE ENTERPRISES
5.2. SMALL AND MEDIUM-SIZED ENTERPRISES

6. MARKET BY END-USER

6.1. BANKING
6.2. NON-BANKING FINANCIAL SERVICES
6.3. INSURANCE

7. MARKET BY BLOCKCHAIN TYPE

7.1. PRIVATE
7.2. PUBLIC
7.3. HYBRID

8. MARKET BY PROVIDER

8.1. APPLICATION AND SOLUTION PROVIDERS
8.2. MIDDLEWARE PROVIDERS
8.3. INFRASTRUCTURE AND PROTOCOL PROVIDERS

9. MARKET BY APPLICATION

9.1. PAYMENTS, CLEARING, AND SETTLEMENT
9.2. EXCHANGES AND REMITTANCE
9.3. SMART CONTRACT
9.4. IDENTITY MANAGEMENT
9.5. COMPLIANCE MANAGEMENT/ KYC
9.6. OTHER APPLICATIONS

10. GEOGRAPHICAL ANALYSIS

10.1. NORTH AMERICA
- 10.1.1. MARKET SIZE & ESTIMATES
- 10.1.2. KEY GROWTH ENABLERS
- 10.1.3. KEY CHALLENGES
- 10.1.4. KEY PLAYERS
- 10.1.5. COUNTRY ANALYSIS
  - 10.1.5.1. UNITED STATES
  - 10.1.5.2. CANADA

11. COMPETITIVE LANDSCAPE

11.1. KEY STRATEGIC DEVELOPMENTS
- 11.1.1. MERGERS & ACQUISITIONS
- 11.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 11.1.3. PARTNERSHIPS & AGREEMENTS
- 11.1.4. BUSINESS EXPANSIONS & DIVESTITURES
11.2. COMPANY PROFILES
- 11.2.1. ACCENTURE
- 11.2.2. ALPHAPOINT
- 11.2.3. AMAZON WEB SERVICES (AWS)
- 11.2.4. AUXESIS GROUP
- 11.2.5. BITFURY
- 11.2.6. BTL GROUP
- 11.2.7. CIRCLE INTERNET FINANCIAL LIMITED
- 11.2.8. COINBASE
- 11.2.9. DIGITAL ASSET HOLDINGS LLC
- 11.2.10. EARTHPORT
- 11.2.11. INTERNATIONAL BUSINESS MACHINES CORPORATION
- 11.2.12. IO INC
- 11.2.13. MICROSOFT CORPORATION
- 11.2.14. ORACLE CORPORATION
- 11.2.15. RIPPLE LAB INC
- 11.2.16. TRADLE