Market Research Report
Europe Fintech Blockchain Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||746156|
|Published||Content info||84 Pages
Delivery time: 1-2 business days
|Europe Fintech Blockchain Market Forecast 2019-2027|
|Published: November 19, 2018||Content info: 84 Pages||
Europe FinTech blockchain market is escalating its market revenue and is expected to grow at a CAGR of 43.23% during the forecasted years of 2019 to 2027. The United Kingdom, Germany, France, Spain, Italy and the Rest of the European countries are taken into consideration for this study.
The European FinTech blockchain market finds its application primarily in banking, non-banking financial services and insurance sector. The increasing numbers of adoption of blockchain technology for payments, digital identities and smart contracts by the finance sector is also expected to create lucrative growth opportunities for the FinTech market in the United Kingdom as well as in Germany. The latter is the largest revenue contributor to the regional market and is also rapidly growing.
Various insurance market characteristics including the services offered and the process implemented also create doubt in the worthiness of blockchain technology. This factor is severely clogging the expansive adoption and growth of the blockchain technology.
The market has several market players that passively contributes to 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.