Market Research Report
Asia Pacific Fintech Blockchain Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||746155|
|Published||Content info||83 Pages
Delivery time: 1-2 business days
|Asia Pacific Fintech Blockchain Market Forecast 2019-2027|
|Published: November 19, 2018||Content info: 83 Pages||
The Asia Pacific is the fastest growing region for the blockchain market at a growth rate of a CAGR 44.74% by revenue in the forecast years. The study is done in the APAC markets of China, Japan, India, South Korea, Australia and the Rest of the Asia Pacific countries.
The market growth is mainly attributed to several factors like the increasing investments in FinTech blockchain and government initiatives to support blockchain.
The largest revenue contributing FinTech blockchain market is that of the Republic of China. Factors like governmental backings through grants and investments are driving this market.
The Japan FinTech blockchain market is expected to be on the rise because of numerous alliances between financial institutes and government bodies for the development of blockchain technology.
The growing numbers of initiatives towards the adoption of blockchain technology in stock exchanges in India are increasing that is positively making huge cost savings.
Uncertainty in the regulatory framework and lack of standards set by government organizations accepted by all the economies in the world for blockchain technology is restraining the growth potential of the market.
The market has many companies that are involved in the global FinTech Blockchain market like Accenture, Alphapoint, Amazon Web Services (Aws), Auxesis Group, Bitfury, BTL Group, Circle Internet Financial Limited, Coinbase, Digital Asset Holdings LLC, EarthPort, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Ripple Lab Inc. and Symbiont Company.