FinTech blockchain stores the information regarding transactions from one user to another user database and provides the feasibility to track with maximum transparency. Global FinTech blockchain market size was valued at $0.23 billion in 2017 and is estimated to reach $22.58 billion by 2025 with the CAGR of 77.2% during 2019-2025. Increasing cryptocurrency market cap and initial coin offering, developing faster transactions, rising high rate of compatibility with financial services and reduced total cost of ownership are attributing to the growth of the market. The key factors restraining the growth of market growth include lack of blockchain applications awareness & use cases, improper regulatory standards & frameworks, concerns on data security & privacy and challenges regarding scalability & latency. The existence of programmable blockchain technology and high adoption rate of technology for payments, smart contracts & digital identities are the opportunities expected to enhance the growth of the market in future.
Research Study Objectives:
- Define, estimate, and forecast the FinTech blockchain market statistics type, provider, organisation size, application, end users and regions concerning the individual growth drivers, market trends and their contribution toward the FinTech blockchain market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the FinTech blockchain market analysis report.
- Analysis and conclusions on the future FinTech blockchain market outlook.
Top-down and bottom-up approaches are used to validate the FinTech blockchain market size and are used to estimate the size of other dependent
submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The FinTech blockchain market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the FinTech blockchain market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The FinTech blockchain market segmentation is as follows:
By Type
By Provider
- Application and Solution Provider
- Infrastructure and Protocol Providers
- Middleware Provider
By Organisation Size
- Small and Medium Enterprises
- Medium Enterprises
By Application
- Payments, Clearing, and Settlement
- Exchanges and Remittance
- Smart Contract
- Identity Management
- Compliance Management/ KYC
- Others
By End Users
- Banking
- Non-Banking Financial Services
- Insurance
Geographical Analysis:
FinTech blockchain market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China,
India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Runtime Self-Protection Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global FinTech Blockchain Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Fin Tech Block Chain, such as
- IBM Corporation
- Microsoft Corporation
- AWS, Inc.
- Ripple
- Chain, Inc.
Along with these companies, many other companies are considered in the report while analysing the global FinTech blockchain market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.