The global fintech blockchain market is expected to register a 40.66% CAGR during 2023-2032
Market growth is driven by the increase in investment in blockchain technology, a significant boost in the number of start-ups and the high growth of small and medium-sized enterprises (SMEs) globally.
New York, Feb. 13, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “GLOBAL FINTECH BLOCKCHAIN MARKET FORECAST 2023-2032” –
MARKET INSIGHT
Blockchain technology is transforming the financial sector with its offered features such as high data security, transparent infrastructure, fast data transfer and cost-effective operation. Fintech blockchain finds potential applications for KYC, identity management, payments, trade finance, etc.
It also helps to simplify the complex nature of current operating methods in the financial sector and to perform the operation faster and more securely.
Also, blockchain technology can develop and build a secure value transfer system that streamlines business processes across financial industries. Their adoption also increases record transparency and auditability, reducing the need for trust between stakeholders.
REGIONAL INSIGHTS
The global fintech blockchain market is segregated based on geography into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific is expected to lead the market in terms of revenue during the forecast period due to high demands for highly innovative technological advancement in the financial sector.
The presence of rapidly developing countries such as India and China also indicates a massive potential for fintech blockchain technologies during the forecast period.
COMPETITIVE INSIGHTS
The intensity of competitive rivalry in the global fintech blockchain market is expected to remain high as companies adopt new product development, merger and acquisition, and collaboration strategies to increase their position among industry rivals.
Some of the leading companies include International Business Machines Corporation, Oracle Corporation, Tradele, etc.
Our report offerings include:
• Explore the key findings from the overall market
• Strategic breakdown of market dynamics (drivers, constraints, opportunities, challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments and regions
• Market segmentation takes into account a thorough assessment of key segments with their market estimates
• Geographical analysis: Assessments of the mentioned regions and segments at the country level with their market share
• Key analysis: Porter’s Five Forces Analysis, Supplier Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market shares etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis and recent strategic developments
Companies mentioned
1. ACCENT TOUR
2. ALPHA POINT
3. AMAZON WEB SERVICES (AWS)
4. AUXESIS GROUP
5. BITFURY
6. BTL GROUP
7. CIRCLE INTERNET FINANCIAL LIMITED
8. COIN BASE
9. DIGITAL ASSET HOLDINGS LLC
10. EARTHPORT
11. INTERNATIONAL BUSINESS MACHINES CORPORATION
12. IO INC
13. MICROSOFT CORPORATION
14. ORACLE CORPORATION
15. RIPPLE LAB INC
16. TRADLE
Read the full report:
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