PUBLISHER: KBV Research | PRODUCT CODE: 1150229
PUBLISHER: KBV Research | PRODUCT CODE: 1150229
Europe Decentralized Finance Market Size, Share & Industry Trends Analysis Report By Component (Blockchain Technology, Decentralized Applications (dApps), and Smart Contracts), By Application, By Country and Growth Forecast, 2022 - 2028
The Europe Decentralized Finance Market would witness market growth of 42.2% CAGR during the forecast period (2022-2028).
Users only require a smartphone, thus there is a huge room for revenue development in this industry. DeFi platforms are associated with significant hazards in addition to their numerous cutting-edge advantages, which is likely to fuel business expansion. Such platforms have recently garnered appeal among crypto fans. Infrastructure and rules for DeFi are still being created. Therefore, unlike conventional banking, investments conducted on DeFi are neither governed by or covered by insurance. DeFi loans are backed by extra crypto assets, however in a downturn, the value of these assets may drastically decline or they may even be liquidated.
But, as more users enter the digital asset business, DeFi systems are expanding their capability and bolstering their security & scalability. With the switch to the Ethereum 2.0 network, this procedure has already begun. In the near future, DeFi platforms and exchanges are anticipated to enhance the secrecy and independence of cryptocurrency trading, spurring the growth of decentralized finance and the systems that make it possible.
A consumer creates a savings account and receives interest on the deposit in the present centralized system. The bank makes a profit on the difference by lending the money customers have placed to another consumer or organization at a higher interest rate. A borrower can obtain a loan through DeFi completely on the basis of an algorithm that connects peer-to-peer lenders and borrowers. Since they anticipate receiving the entire rate of interest paid by the borrower rather than a lower amount determined by the bank, lenders may find this attractive. Nowadays, loans are overcollateralized in a bid to reduce this credit risk.
The requirement to lower the cost of financial services is the primary driver of the current attention in decentralized finance in Europe. European firms are looking for decentralized finance peer-to-peer products which eliminate middlemen and the related fees in order to lower transaction costs. The European banking sector is particularly under pressure from regulatory changes, cheap interest rates, and Fintech competition, which is forcing banks to look for decentralized finance solutions to reduce costs in various banking processes.
The Germany market dominated the Europe Decentralized Finance Market by Country in 2021; thereby, achieving a market value of $8,329.8 million by 2028. The UK market would witness a CAGR of 41% during (2022 - 2028). Additionally, The France market is exhibiting a CAGR of 43.3% during (2022 - 2028).
Based on Component, the market is segmented into Blockchain Technology, Decentralized Applications (dApps), and Smart Contracts. Based on Application, the market is segmented into Data & Analytics, Decentralized Exchanges, Payments, Stablecoins, Marketplaces & Liquidity, Compliance & Identity, Prediction Industry, Assets Tokenization, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aave, Balancer Labs, Compound Labs, Inc., Badger DAO, Bancor, SushiSwap (Yearn Finance), MakerDao, Synthetix and Curve Finance
Scope of the Study
Market Segments covered in the Report:
By Component
- Blockchain Technology
- Decentralized Applications (dApps)
- Smart Contracts
By Application
- Data & Analytics
- Decentralized Exchanges
- Payments
- Stablecoins
- Marketplaces & Liquidity
- Compliance & Identity
- Prediction Industry
- Assets Tokenization
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- Aave
- Balancer Labs
- Compound Labs, Inc.
- Badger DAO
- Bancor
- SushiSwap (Yearn Finance)
- MakerDao
- Synthetix
- Curve Finance
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Decentralized Finance Market, by Component
- 1.4.2 Europe Decentralized Finance Market, by Application
- 1.4.3 Europe Decentralized Finance Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Europe Decentralized Finance Market by Component
- 3.1 Europe Blockchain Technology Market by Country
- 3.2 Europe Decentralized Applications (dApps) Market by Country
- 3.3 Europe Smart Contracts Market by Country
Chapter 4. Europe Decentralized Finance Market by Application
- 4.1 Europe Data & Analytics Market by Country
- 4.2 Europe Decentralized Exchanges Market by Country
- 4.3 Europe Payments Market by Country
- 4.4 Europe Stablecoins Market by Country
- 4.5 Europe Marketplaces & Liquidity Market by Country
- 4.6 Europe Compliance & Identity Market by Country
- 4.7 Europe Prediction Industry Market by Country
- 4.8 Europe Assets Tokenization Market by Country
- 4.9 Europe Others Market by Country
Chapter 5. Europe Decentralized Finance Market by Country
- 5.1 Germany Decentralized Finance Market
- 5.1.1 Germany Decentralized Finance Market by Component
- 5.1.2 Germany Decentralized Finance Market by Application
- 5.2 UK Decentralized Finance Market
- 5.2.1 UK Decentralized Finance Market by Component
- 5.2.2 UK Decentralized Finance Market by Application
- 5.3 France Decentralized Finance Market
- 5.3.1 France Decentralized Finance Market by Component
- 5.3.2 France Decentralized Finance Market by Application
- 5.4 Russia Decentralized Finance Market
- 5.4.1 Russia Decentralized Finance Market by Component
- 5.4.2 Russia Decentralized Finance Market by Application
- 5.5 Spain Decentralized Finance Market
- 5.5.1 Spain Decentralized Finance Market by Component
- 5.5.2 Spain Decentralized Finance Market by Application
- 5.6 Italy Decentralized Finance Market
- 5.6.1 Italy Decentralized Finance Market by Component
- 5.6.2 Italy Decentralized Finance Market by Application
- 5.7 Rest of Europe Decentralized Finance Market
- 5.7.1 Rest of Europe Decentralized Finance Market by Component
- 5.7.2 Rest of Europe Decentralized Finance Market by Application
Chapter 6. Company Profiles
- 6.1 Aave
- 6.1.1 Company Overview
- 6.1.2 Recent strategies and developments:
- 6.1.2.1 Partnerships, Collaborations, and Agreements:
- 6.1.2.2 Product Launches and Product Expansions:
- 6.2 Balancer Labs
- 6.2.1 Company Overview
- 6.2.2 Recent strategies and developments:
- 6.2.2.1 Product Launches and Product Expansions:
- 6.3 Compound Labs, Inc.
- 6.3.1 Company Overview
- 6.3.2 Recent strategies and developments:
- 6.3.2.1 Product Launches and Product Expansions:
- 6.4 Badger DAO
- 6.4.1 Company Overview
- 6.4.2 Recent strategies and developments:
- 6.4.2.1 Product Launches and Product Expansions:
- 6.5 Bancor
- 6.5.1 Company Overview
- 6.5.2 Recent strategies and developments:
- 6.5.2.1 Product Launches and Product Expansions:
- 6.6 SushiSwap(Yearn Finance)
- 6.6.1 Company Overview
- 6.6.2 Recent strategies and developments:
- 6.6.2.1 Partnerships, Collaborations, and Agreements:
- 6.7 MakerDAO
- 6.7.1 Company Overview
- 6.8 Synthetix
- 6.8.1 Company Overview
- 6.9 Curve Finance
- 6.9.1 Company Overview
LIST OF TABLES
- TABLE 1 Europe Decentralized Finance Market, 2018 - 2021, USD Million
- TABLE 2 Europe Decentralized Finance Market, 2022 - 2028, USD Million
- TABLE 3 Europe Decentralized Finance Market by Component, 2018 - 2021, USD Million
- TABLE 4 Europe Decentralized Finance Market by Component, 2022 - 2028, USD Million
- TABLE 5 Europe Blockchain Technology Market by Country, 2018 - 2021, USD Million
- TABLE 6 Europe Blockchain Technology Market by Country, 2022 - 2028, USD Million
- TABLE 7 Europe Decentralized Applications (dApps) Market by Country, 2018 - 2021, USD Million
- TABLE 8 Europe Decentralized Applications (dApps) Market by Country, 2022 - 2028, USD Million
- TABLE 9 Europe Smart Contracts Market by Country, 2018 - 2021, USD Million
- TABLE 10 Europe Smart Contracts Market by Country, 2022 - 2028, USD Million
- TABLE 11 Europe Decentralized Finance Market by Application, 2018 - 2021, USD Million
- TABLE 12 Europe Decentralized Finance Market by Application, 2022 - 2028, USD Million
- TABLE 13 Europe Data & Analytics Market by Country, 2018 - 2021, USD Million
- TABLE 14 Europe Data & Analytics Market by Country, 2022 - 2028, USD Million
- TABLE 15 Europe Decentralized Exchanges Market by Country, 2018 - 2021, USD Million
- TABLE 16 Europe Decentralized Exchanges Market by Country, 2022 - 2028, USD Million
- TABLE 17 Europe Payments Market by Country, 2018 - 2021, USD Million
- TABLE 18 Europe Payments Market by Country, 2022 - 2028, USD Million
- TABLE 19 Europe Stablecoins Market by Country, 2018 - 2021, USD Million
- TABLE 20 Europe Stablecoins Market by Country, 2022 - 2028, USD Million
- TABLE 21 Europe Marketplaces & Liquidity Market by Country, 2018 - 2021, USD Million
- TABLE 22 Europe Marketplaces & Liquidity Market by Country, 2022 - 2028, USD Million
- TABLE 23 Europe Compliance & Identity Market by Country, 2018 - 2021, USD Million
- TABLE 24 Europe Compliance & Identity Market by Country, 2022 - 2028, USD Million
- TABLE 25 Europe Prediction Industry Market by Country, 2018 - 2021, USD Million
- TABLE 26 Europe Prediction Industry Market by Country, 2022 - 2028, USD Million
- TABLE 27 Europe Assets Tokenization Market by Country, 2018 - 2021, USD Million
- TABLE 28 Europe Assets Tokenization Market by Country, 2022 - 2028, USD Million
- TABLE 29 Europe Others Market by Country, 2018 - 2021, USD Million
- TABLE 30 Europe Others Market by Country, 2022 - 2028, USD Million
- TABLE 31 Europe Decentralized Finance Market by Country, 2018 - 2021, USD Million
- TABLE 32 Europe Decentralized Finance Market by Country, 2022 - 2028, USD Million
- TABLE 33 Germany Decentralized Finance Market, 2018 - 2021, USD Million
- TABLE 34 Germany Decentralized Finance Market, 2022 - 2028, USD Million
- TABLE 35 Germany Decentralized Finance Market by Component, 2018 - 2021, USD Million
- TABLE 36 Germany Decentralized Finance Market by Component, 2022 - 2028, USD Million
- TABLE 37 Germany Decentralized Finance Market by Application, 2018 - 2021, USD Million
- TABLE 38 Germany Decentralized Finance Market by Application, 2022 - 2028, USD Million
- TABLE 39 UK Decentralized Finance Market, 2018 - 2021, USD Million
- TABLE 40 UK Decentralized Finance Market, 2022 - 2028, USD Million
- TABLE 41 UK Decentralized Finance Market by Component, 2018 - 2021, USD Million
- TABLE 42 UK Decentralized Finance Market by Component, 2022 - 2028, USD Million
- TABLE 43 UK Decentralized Finance Market by Application, 2018 - 2021, USD Million
- TABLE 44 UK Decentralized Finance Market by Application, 2022 - 2028, USD Million
- TABLE 45 France Decentralized Finance Market, 2018 - 2021, USD Million
- TABLE 46 France Decentralized Finance Market, 2022 - 2028, USD Million
- TABLE 47 France Decentralized Finance Market by Component, 2018 - 2021, USD Million
- TABLE 48 France Decentralized Finance Market by Component, 2022 - 2028, USD Million
- TABLE 49 France Decentralized Finance Market by Application, 2018 - 2021, USD Million
- TABLE 50 France Decentralized Finance Market by Application, 2022 - 2028, USD Million
- TABLE 51 Russia Decentralized Finance Market, 2018 - 2021, USD Million
- TABLE 52 Russia Decentralized Finance Market, 2022 - 2028, USD Million
- TABLE 53 Russia Decentralized Finance Market by Component, 2018 - 2021, USD Million
- TABLE 54 Russia Decentralized Finance Market by Component, 2022 - 2028, USD Million
- TABLE 55 Russia Decentralized Finance Market by Application, 2018 - 2021, USD Million
- TABLE 56 Russia Decentralized Finance Market by Application, 2022 - 2028, USD Million
- TABLE 57 Spain Decentralized Finance Market, 2018 - 2021, USD Million
- TABLE 58 Spain Decentralized Finance Market, 2022 - 2028, USD Million
- TABLE 59 Spain Decentralized Finance Market by Component, 2018 - 2021, USD Million
- TABLE 60 Spain Decentralized Finance Market by Component, 2022 - 2028, USD Million
- TABLE 61 Spain Decentralized Finance Market by Application, 2018 - 2021, USD Million
- TABLE 62 Spain Decentralized Finance Market by Application, 2022 - 2028, USD Million
- TABLE 63 Italy Decentralized Finance Market, 2018 - 2021, USD Million
- TABLE 64 Italy Decentralized Finance Market, 2022 - 2028, USD Million
- TABLE 65 Italy Decentralized Finance Market by Component, 2018 - 2021, USD Million
- TABLE 66 Italy Decentralized Finance Market by Component, 2022 - 2028, USD Million
- TABLE 67 Italy Decentralized Finance Market by Application, 2018 - 2021, USD Million
- TABLE 68 Italy Decentralized Finance Market by Application, 2022 - 2028, USD Million
- TABLE 69 Rest of Europe Decentralized Finance Market, 2018 - 2021, USD Million
- TABLE 70 Rest of Europe Decentralized Finance Market, 2022 - 2028, USD Million
- TABLE 71 Rest of Europe Decentralized Finance Market by Component, 2018 - 2021, USD Million
- TABLE 72 Rest of Europe Decentralized Finance Market by Component, 2022 - 2028, USD Million
- TABLE 73 Rest of Europe Decentralized Finance Market by Application, 2018 - 2021, USD Million
- TABLE 74 Rest of Europe Decentralized Finance Market by Application, 2022 - 2028, USD Million
- TABLE 75 Key Information - Aave
- TABLE 76 Key Information - Balancer Labs
- TABLE 77 Key Information - Compound Labs, Inc.
- TABLE 78 Key Information - Badger DAO
- TABLE 79 Key Information - Bancor
- TABLE 80 Key Information - Sushiswap
- TABLE 81 Key Information - MakerDAO
- TABLE 82 Key Information - Synthetix
- TABLE 83 Key Information - curve finance
List of Figures
- FIG 1 Methodology for the research
- FIG 2 Recent strategies and developments: AAVE
