Global Fintech Blockchain Market Forecast 2023-2032

The global fintech blockchain market is anticipated to record a 40.66% CAGR during 2023-2032. The market growth is driven by the surge in blockchain technology investments, a significant boost in the number of startups, and the high-paced growth of small and medium enterprises (SMEs) globally.

MARKET INSIGHTS

Blockchain technology is reshaping the financial sector with its offered characteristics such as high data security, transparent infrastructure, rapid data transfer and cost effective operations. Fintech blockchain finds potential applications for KYC, identity management, payments, trade finance, etc. It also helps simplify the complex nature of current operation methods in the financial sector and perform the operation more rapidly and securely.

Moreover, blockchain technology can develop and build a secure value transfer system that streamlines business processes across financial industries. Also, their adoption increases record transparency and auditability, reducing the need for trust between stakeholders.

REGIONAL INSIGHTS

The global fintech blockchain market is segregated based on geography into North America, Asia-Pacific, Europe, and Rest of World. Asia-Pacific is anticipated to lead the market in terms of revenue during the forecast period owing to high demands for highly innovative technological advancements in the financial sectors. Also, the presence of rapidly developing countries like India and China indicates massive potential for fintech blockchain technologies during the forecast period.

COMPETITIVE INSIGHTS

The intensity of competitive rivalry in the global fintech blockchain market is expected to remain high as companies adopt new product development, merger & acquisition, and collaboration strategies to boost their standing among industry rivals.

Some of the leading companies include: International Business Machines Corporation, Oracle Corporation, Tradle, 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: 22574

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
10.2. EUROPE
- 10.2.1. MARKET SIZE & ESTIMATES
- 10.2.2. KEY GROWTH ENABLERS
- 10.2.3. KEY CHALLENGES
- 10.2.4. KEY PLAYERS
- 10.2.5. COUNTRY ANALYSIS
  - 10.2.5.1. UNITED KINGDOM
  - 10.2.5.2. GERMANY
  - 10.2.5.3. FRANCE
  - 10.2.5.4. ITALY
  - 10.2.5.5. SPAIN
  - 10.2.5.6. REST OF EUROPE
10.3. ASIA-PACIFIC
- 10.3.1. MARKET SIZE & ESTIMATES
- 10.3.2. KEY GROWTH ENABLERS
- 10.3.3. KEY CHALLENGES
- 10.3.4. KEY PLAYERS
- 10.3.5. COUNTRY ANALYSIS
  - 10.3.5.1. CHINA
  - 10.3.5.2. JAPAN
  - 10.3.5.3. INDIA
  - 10.3.5.4. SOUTH KOREA
  - 10.3.5.5. AUSTRALIA
  - 10.3.5.6. REST OF ASIA-PACIFIC
10.4. REST OF WORLD
- 10.4.1. MARKET SIZE & ESTIMATES
- 10.4.2. KEY GROWTH ENABLERS
- 10.4.3. KEY CHALLENGES
- 10.4.4. KEY PLAYERS
- 10.4.5. REGIONAL ANALYSIS
  - 10.4.5.1. LATIN AMERICA
  - 10.4.5.2. MIDDLE EAST & AFRICA

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