The Global Blockchain Technology in BFSI Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.

According to the most recent report by Emergen Research, the worldwide blockchain technology in BFSI industry is anticipated to reach a market value of USD 70,026.4 Million by 2028 and show a quick CAGR. Due to the rising need for distributed ledger technology in banks, the growth of the worldwide blockchain technology in BFSI market is anticipated to increase significantly in terms of revenue during the forecast period. An important factor that will contribute to the growth of the global blockchain technology in BFSI market during the forecast period is the increasing use of blockchain technology for capital optimization. Future market expansion is anticipated to be supported by growing use of blockchain technology for international payments. During the anticipated timeframe, there would be significant expansion in the BFSI market for blockchain technology.

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Key Highlights of Report

• Public blockchain segment is expected to lead in terms of revenue expansion at a CAGR of 75.3% during the forecast period. This high growth rate can be attributed to increasing application of public blockchain type applications such as Ethereum and Bitcoin.
• Platform segment is projected to account for largest market share over the forecast period due to increasing adoption of cloud technology and blockchain software.
• In terms of revenue contribution to the global blockchain technology in BFSI market, the smart contract segment is projected to lead during the forecast period as a result of increasing demand for self-executing contracts in the banking sector.

The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Key companies operating in the Blockchain Technology in BFSI market include:

Microsoft Corporation, Amazon Web Services, Inc., International Business Machines Corporation, SAP SE, Oracle Corporation, Infosys Limited, Bitfury Group Limited, Auxesis Group, AlphaPoint Corporation, and Hewlett Packard Enterprise Development LP.

Emergen Research has segmented the global blockchain technology in BFSI market on the basis of type, component, application, end-use, and region.

Type Outlook (Revenue, USD Million; 2021–2028)

• Consortium blockchain
• Private blockchain
• Hybrid blockchain
• Public blockchain

Component Outlook (Revenue, USD Million; 2021–2028)

• Services
• Platforms

Application Outlook (Revenue, USD Million; 2021–2028)

• Record keeping
• Compliance management
• Smart contract
• Digital currency
• Payment
• Others

End-use Outlook (Revenue, USD Million; 2021–2028)

• Insurance
• Banking
• Non-banking financial company

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Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

• North America
  • S.
  • Canada
• Europe
  • K.
  • Italy
  • Germany
  • France
  • Rest of EU
• Asia Pacific
  • India
  • Japan
  • China
  • South Korea
  • Australia
  • Rest of APAC
• Latin America
  • Chile
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

Key Questions Addressed in the Report:

• Who are the leading players in the Blockchain Technology in BFSI industry?
• Which region is expected to dominate the market in the coming years?
• What are the key applications of Blockchain Technology in BFSI?
• Which segment is expected to garner traction during the coming years?
• What are the key strategies adopted by leading players in the market?

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Emergen Research | Web: www.emergenresearch.com

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