Blockchain Technology in BFSI Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2028

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Increasing demand for distributed ledger technology in banks and rising adoption of blockchain technology for capital optimization are facyors driving blockchain technology in BFSI market growth.
Market Size – USD 789.9 Million in 2020, Market Growt

The Global Blockchain Technology in BFSI Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.  

The global blockchain technology in BFSI market is forecast to reach a market size of USD 70,026.4 Million by 2028, and register a rapid CAGR, according to latest analysis by Emergen Research. Growth of the global blockchain technology in BFSI market is expected to increase significantly in terms of revenue during the forecast period due to increasing demand for distributed ledger technology in banks. Rising adoption of blockchain technology for capital optimization is also a major factor expected to further boost global blockchain technology in BFSI market growth during the forecast period. Increasing adoption of blockchain technology for cross-border payments is expected to further support growth in market size in future.

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The report is a comprehensive research study of the global Blockchain Technology in BFSI market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.

The key players studied in the report are Microsoft Corporation, Amazon Web Services, Inc., International Business Machines Corporation, SAP SE, Oracle Corporation, Infosys Limited, Bitfury Group Limited, Auxesis Group, AlphaPoint Corporation, Hewlett Packard Enterprise Development , LP

Segments Covered in this report are:

  • 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

To know more about the report, visit https://www.emergenresearch.com/industry-report/blockchain-technology-in-bfsi-market

Regional Bifurcation of the Blockchain Technology in BFSI Market Includes:

  • North America (U.S., Canada)
  • Europe (U.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, U.A.E., South Africa, Rest of MEA)

The report aims to provide a complete analysis of the global Blockchain Technology in BFSI market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Blockchain Technology in BFSI market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.

Highlights of Table of Contents (TOC):

  • Overview of Global Blockchain Technology in BFSI Market
  • Competitive analysis of the Blockchain Technology in BFSI market
  • Regional analysis of Global Blockchain Technology in BFSI market production and revenue
  • Regional analysis of Global Blockchain Technology in BFSI market supply, consumption, and export import
  • Type-based market analysis of global Blockchain Technology in BFSI production, revenue, and price trends
  • Application-based analysis of the global Blockchain Technology in BFSI market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Blockchain Technology in BFSI market
  • Conclusion of the research report
  • Appendix

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