
A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way". For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires consensus of the network majority.
Market Analysis and Insights: Global Blockchain Technology in BFSI Market
The global Blockchain Technology in BFSI market is projected to grow from US$ million in 2023 to US$ million by 2029, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
One driver in the market is increasing government investments in blockchain technology. The increasing investments in blockchain technology by various governments across the world is a major factor driving the growth of the global blockchain technology market in BFSI sector. Countries such as the UK, Canada, Russia, and China are experimenting by placing their national currencies on the blockchain. One of the major factors hindering the growth of the global blockchain technology market in BFSI sector is the lack of trust in the blockchain technology. The growing adoption of blockchain technology by the BFSI companies in Europe, will drive the growth prospects of the blockchain technology market in BFSI sector in EMEA. As a result, this region will be the major contributor to the blockchain market by the end of the forecast period.
Report Includes
This report presents an overview of global market for Blockchain Technology in BFSI market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Blockchain Technology in BFSI, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Blockchain Technology in BFSI, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Blockchain Technology in BFSI revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Blockchain Technology in BFSI market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Blockchain Technology in BFSI revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including IBM, Microsoft and Amazon, etc.
By Company
IBM
Microsoft
Amazon
Segment by Type
Public Blockchain
Consortium Blockchain
Private Blockchain
Segment by Application
Banking & Financial Services Industry
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East, Africa, and Latin America
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Blockchain Technology in BFSI in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Blockchain Technology in BFSI companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America by type, by application and by country, revenue for each segment.
Chapter 7: Europe by type, by application and by country, revenue for each segment.
Chapter 8: China by type and by application revenue for each segment.
Chapter 9: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by type, by application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Blockchain Technology in BFSI revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Blockchain Technology in BFSI Market Size Growth Rate by Type, 2018 VS 2022 VS 2029
1.2.2 Public Blockchain
1.2.3 Consortium Blockchain
1.2.4 Private Blockchain
1.3 Market by Application
1.3.1 Global Blockchain Technology in BFSI Market Size Growth Rate by Application, 2018 VS 2022 VS 2029
1.3.2 Banking & Financial Services Industry
1.3.3 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Blockchain Technology in BFSI Market Perspective (2018-2029)
2.2 Global Blockchain Technology in BFSI Growth Trends by Region
2.2.1 Blockchain Technology in BFSI Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Blockchain Technology in BFSI Historic Market Size by Region (2018-2023)
2.2.3 Blockchain Technology in BFSI Forecasted Market Size by Region (2024-2029)
2.3 Blockchain Technology in BFSI Market Dynamics
2.3.1 Blockchain Technology in BFSI Industry Trends
2.3.2 Blockchain Technology in BFSI Market Drivers
2.3.3 Blockchain Technology in BFSI Market Challenges
2.3.4 Blockchain Technology in BFSI Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Blockchain Technology in BFSI by Players
3.1.1 Global Blockchain Technology in BFSI Revenue by Players (2018-2023)
3.1.2 Global Blockchain Technology in BFSI Revenue Market Share by Players (2018-2023)
3.2 Global Blockchain Technology in BFSI Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Blockchain Technology in BFSI, Ranking by Revenue, 2021 VS 2022 VS 2023
3.4 Global Blockchain Technology in BFSI Market Concentration Ratio
3.4.1 Global Blockchain Technology in BFSI Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Blockchain Technology in BFSI Revenue in 2022
3.5 Global Key Players of Blockchain Technology in BFSI Head office and Area Served
3.6 Global Key Players of Blockchain Technology in BFSI, Product and Application
3.7 Global Key Players of Blockchain Technology in BFSI, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Blockchain Technology in BFSI Breakdown Data by Type
4.1 Global Blockchain Technology in BFSI Historic Market Size by Type (2018-2023)
4.2 Global Blockchain Technology in BFSI Forecasted Market Size by Type (2024-2029)
5 Blockchain Technology in BFSI Breakdown Data by Application
5.1 Global Blockchain Technology in BFSI Historic Market Size by Application (2018-2023)
5.2 Global Blockchain Technology in BFSI Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Blockchain Technology in BFSI Market Size (2018-2029)
6.2 North America Blockchain Technology in BFSI Market Size by Type
6.2.1 North America Blockchain Technology in BFSI Market Size by Type (2018-2023)
6.2.2 North America Blockchain Technology in BFSI Market Size by Type (2024-2029)
6.2.3 North America Blockchain Technology in BFSI Market Share by Type (2018-2029)
6.3 North America Blockchain Technology in BFSI Market Size by Application
6.3.1 North America Blockchain Technology in BFSI Market Size by Application (2018-2023)
6.3.2 North America Blockchain Technology in BFSI Market Size by Application (2024-2029)
6.3.3 North America Blockchain Technology in BFSI Market Share by Application (2018-2029)
6.4 North America Blockchain Technology in BFSI Market Size by Country
6.4.1 North America Blockchain Technology in BFSI Market Size by Country: 2018 VS 2022 VS 2029
6.4.2 North America Blockchain Technology in BFSI Market Size by Country (2018-2023)
6.4.3 North America Blockchain Technology in BFSI Market Size by Country (2024-2029)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Blockchain Technology in BFSI Market Size (2018-2029)
7.2 Europe Blockchain Technology in BFSI Market Size by Type
7.2.1 Europe Blockchain Technology in BFSI Market Size by Type (2018-2023)
7.2.2 Europe Blockchain Technology in BFSI Market Size by Type (2024-2029)
7.2.3 Europe Blockchain Technology in BFSI Market Share by Type (2018-2029)
7.3 Europe Blockchain Technology in BFSI Market Size by Application
7.3.1 Europe Blockchain Technology in BFSI Market Size by Application (2018-2023)
7.3.2 Europe Blockchain Technology in BFSI Market Size by Application (2024-2029)
7.3.3 Europe Blockchain Technology in BFSI Market Share by Application (2018-2029)
7.4 Europe Blockchain Technology in BFSI Market Size by Country
7.4.1 Europe Blockchain Technology in BFSI Market Size by Country: 2018 VS 2022 VS 2029
7.4.2 Europe Blockchain Technology in BFSI Market Size by Country (2018-2023)
7.4.3 Europe Blockchain Technology in BFSI Market Size by Country (2024-2029)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Blockchain Technology in BFSI Market Size (2018-2029)
8.2 China Blockchain Technology in BFSI Market Size by Type
8.2.1 China Blockchain Technology in BFSI Market Size by Type (2018-2023)
8.2.2 China Blockchain Technology in BFSI Market Size by Type (2024-2029)
8.2.3 China Blockchain Technology in BFSI Market Share by Type (2018-2029)
8.3 China Blockchain Technology in BFSI Market Size by Application
8.3.1 China Blockchain Technology in BFSI Market Size by Application (2018-2023)
8.3.2 China Blockchain Technology in BFSI Market Size by Application (2024-2029)
8.3.3 China Blockchain Technology in BFSI Market Share by Application (2018-2029)
9 Asia (excluding China)
9.1 Asia Blockchain Technology in BFSI Market Size (2018-2029)
9.2 Asia Blockchain Technology in BFSI Market Size by Type
9.2.1 Asia Blockchain Technology in BFSI Market Size by Type (2018-2023)
9.2.2 Asia Blockchain Technology in BFSI Market Size by Type (2024-2029)
9.2.3 Asia Blockchain Technology in BFSI Market Share by Type (2018-2029)
9.3 Asia Blockchain Technology in BFSI Market Size by Application
9.3.1 Asia Blockchain Technology in BFSI Market Size by Application (2018-2023)
9.3.2 Asia Blockchain Technology in BFSI Market Size by Application (2024-2029)
9.3.3 Asia Blockchain Technology in BFSI Market Share by Application (2018-2029)
9.4 Asia Blockchain Technology in BFSI Market Size by Region
9.4.1 Asia Blockchain Technology in BFSI Market Size by Region: 2018 VS 2022 VS 2029
9.4.2 Asia Blockchain Technology in BFSI Market Size by Region (2018-2023)
9.4.3 Asia Blockchain Technology in BFSI Market Size by Region (2024-2029)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size (2018-2029)
10.2 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size by Type
10.2.1 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size by Type (2018-2023)
10.2.2 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size by Type (2024-2029)
10.2.3 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Share by Type (2018-2029)
10.3 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size by Application
10.3.1 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size by Application (2018-2023)
10.3.2 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size by Application (2024-2029)
10.3.3 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Share by Application (2018-2029)
10.4 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size by Country
10.4.1 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size by Country: 2018 VS 2022 VS 2029
10.4.2 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size by Country (2018-2023)
10.4.3 Middle East, Africa, and Latin America Blockchain Technology in BFSI Market Size by Country (2024-2029)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 IBM
11.1.1 IBM Company Details
11.1.2 IBM Business Overview
11.1.3 IBM Blockchain Technology in BFSI Introduction
11.1.4 IBM Revenue in Blockchain Technology in BFSI Business (2018-2023)
11.1.5 IBM Recent Developments
11.2 Microsoft
11.2.1 Microsoft Company Details
11.2.2 Microsoft Business Overview
11.2.3 Microsoft Blockchain Technology in BFSI Introduction
11.2.4 Microsoft Revenue in Blockchain Technology in BFSI Business (2018-2023)
11.2.5 Microsoft Recent Developments
11.3 Amazon
11.3.1 Amazon Company Details
11.3.2 Amazon Business Overview
11.3.3 Amazon Blockchain Technology in BFSI Introduction
11.3.4 Amazon Revenue in Blockchain Technology in BFSI Business (2018-2023)
11.3.5 Amazon Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
IBM
Microsoft
Amazon
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*If Applicable.
