Blockchain Technology in BFSI Market Forecast Report | Global Analysis, Statistics And Revenue Research Report by 2028

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 Growth – at a CAGR of 75.1%, Market Tren

The Global Blockchain Technology in BFSI Market Size and Revenue Forecasts to 2027

The report on the Global Blockchain Technology in BFSI Market initially offers an in-depth overview of the Blockchain Technology in BFSI Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.

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 further divides the Blockchain Technology in BFSI market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Blockchain Technology in BFSI market.

The key players profiled 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

Global Blockchain Technology in BFSI Market Segmentation based on Product Types and Application Spectrum:

  • 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 Analysis 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 provides an extensive forecast of the industry and its significant growth in the forecast years. The report provides important information regarding the sales volume, revenue forecast, market size, market share, and current and emerging market trends. Along with this, the report covers SWOT analysis, Porter’s Five Forces analysis, Feasibility analysis, and investment return analysis.

Key Benefits of Buying the Global Blockchain Technology in BFSI Report:

  • Comprehensive analysis of the changing competitive landscape
  • Assists in decision making processes for the businesses along with detailed strategic planning methodologies
  • The report offers an 8-year forecast and assessment of the Global Blockchain Technology in BFSI Market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends, and opportunities
  • Comprehensive regional analysis of the Global Blockchain Technology in BFSI Market
  • Extensive profiling of the key stakeholders of the business sphere
  • Detailed analysis of the factors influencing the growth of the Global Blockchain Technology in BFSI Market

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Thank you for reading our report. To request a customization or for further inquiries, kindly get in touch with us. Our team will ensure the report is tailored meet to your needs.  

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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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