DUBLIN, October 10, 2023 /PRNewswire/ — The “FinTech Blockchain – Global Strategic Business Report” the report has been added to ResearchAndMarkets.com offer.
The global FinTech Blockchain market is poised for significant expansion, with a projected value of US$43.1 billion by 2030, marking a remarkable CAGR of 53.6% during the forecast period 2022-2030. Large companies will lead the growth with an expected CAGR of 49.6%, reaching 25.8 billion US dollarswhile small and medium enterprises (SMEs) are expected to experience an impressive CAGR of 62.4%.
Key ideas:
- Market growth: The FinTech Blockchain market, estimated at 1.4 billion US dollars In 2022, we are expected to experience explosive growth, driven by technological advancements, increasing adoption by large enterprises and SMEs, and increasing awareness of the potential of blockchain in the fintech sector.
- Regional trends: United States is poised to dominate the market with an estimated value of US$451.7 million in 2022. Chinathe world’s second largest economy, is expected to post a remarkable CAGR of 62.9%, achieving a market size of 5.4 billion US dollars by 2030. Other important markets include Japan And Canadaeach is expected to grow by 47.1% and 48.5% CAGR, respectively, from 2022 to 2030. GermanyIn Europeis expected to grow at around 52% CAGR.
- Key Competitors: The report presents an overview of the competitive landscape with 80 competitors profiled. Some of the major players include Huawei Technologies Co., Ltd., Accenture PLC, Amazon Web Services, Inc., Cognizant Technology Solutions US Corporation, Deloitte Touche Tohmatsu Ltd., GuardTime AS, Hewlett Packard Enterprise Development LP (HPE), Blockstream Corp. , Cryptocurrency Finance AG, Crypto4all, Huobi, AlphaPoint, Cointelegraph, Appinventiv, Chain, Inc. and many others.
With the advancement of blockchain technology and its increasing integration into the financial services industry, the FinTech Blockchain market presents significant opportunities for growth and innovation.
What’s new ?
- Special Discussions on Global Economic Climate and Market Sentiment
- Coverage of global competitiveness and percentage market shares of key competitors
- Analysis of market presence in several geographies – Strong/Active/Niche/Trivial
- Tailored interactive online peer-to-peer collaborative updates
- Access to digital archives and the deposited research platform
- Free updates for one year
- Access to YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes.
Key topics covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- In a hyperconnected economy, Blockchain technology paves the way for transformation
- Blockchain technology: statistics in a few words
- Main Benefits of Blockchain Technology
- Impact of the COVID-19 pandemic and looming global recession
- 2020: a year of disruption and transformation
- As the race between virus and vaccines intensifies, where is the global economy heading in 2021?
- Projections of global economic growth (real GDP, annual % change) from 2020 to 2022
- Impact of COVID-19 on Blockchain Technology Spending
- COVID-19 outbreak impacts blockchain industry: % change in emerging technology spending for May-June compared to March.April 2021
- Blockchain Technology Spending Expected to See Robust Growth in 2021
- Amid COVID-19, the Importance of Blockchain Technology Continues to Grow
- Promising market outlook for blockchain in the post-COVID-19 period
- Global Blockchain Technology Spending by Sector (%) for 2020
- FinTech Blockchain – Percentage Market Share of Top Global Competitors in 2022 (E)
- An Introduction to Blockchain FinTech
- Global Market Outlook and Outlook
- Main use cases of blockchain in Fintech
- Venture investments in blockchain applications for financial services continue to accelerate
- Global Venture Capital Funding in Financial Services Blockchain Companies for 2016-2020
- Number of venture financing deals in financial services blockchain companies for 2016-2020
- Recent market activity
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON A SELECTION OF PLAYERS
3. MARKET TRENDS AND FACTORS
- Digital transformation of financial services sector drives market growth
- Global spending on digital transformation (in billions of US dollars) for 2017-2023
- Top Technology Investments in BFSI Sector: 2021
- Rapidly evolving FinTech landscape supports blockchain adoption
- Blockchain promises to improve the transparency, security, immutability and accessibility of systems and processes for financial services
- Emerging Trends in Fintech Blockchain Market
- Transformative Impact of Blockchain Technology in Banking
- Banks’ focus on digital transformation post-pandemic to drive blockchain adoption: % of organizations citing priority for 2020
- Blockchain will play a vital role in facilitating financial inclusion for the unbanked
- The large unbanked population and the emphasis on its financial inclusion to boost blockchain deployments: unbanked population as a % of total population by region for the year 2020
- Online banking Fraud Could become a story with blockchain
- With online banking Fraud Losses Rise, Blockchain Has Potential to Offer Superior Security Benefits: Global Online Rollup Fraud (In billions of US dollars) Between 2020 and 2024 by region
- Blockchain-based payment processing: an area of active interest for banks
- Adoption of blockchain to benefit from the growing importance of Decentralized finance (Challenge) in developing economies
- Decentralized Finance (Challenge) to close the huge SME financing gap to boost blockchain adoption: global MSME formal financing gap (in billions of dollars) by region
- As FinTech Disrupts the Insurance Industry, Blockchain Technology Is Poised for Growth
- Blockchain applications in the insurance sector
- Select startups that are transforming the insurance industry
- Impact of the COVID-19 pandemic: financial challenges and digital opportunities for the insurance sector
- Pandemic Accelerates Insurance Digitalization, Providing Opportunities for Blockchain Adoption
- As the underlying technology of digital currencies, the expansion Cryptocurrency Market Presents Opportunity for Blockchain FinTech
- After the great turnaround of 2020, the year 2021 continues to promise growth for Cryptocurrency Walk
- Number of Cryptocurrencies Worldwide: 2013 to 2021
- High Cryptocurrency Nations in the world: % of people using or owning Cryptocurrencies by country
- As the global economy battles the COVID-19 pandemic, it is thriving Cryptocurrency Surprises for everyone
- Notable developments shaping post-pandemic trends in the Cryptocurrency Walk
- Which are the best Cryptocurrencies Global?
- High Cryptocurrencies Worldwide, by market capitalization (in millions of dollars) August 30, 2021
- Cryptocurrency Prices continue to rise on a roller coaster
- Very expensive Cryptocurrencies Worldwide: sorted by price (in $) at August 30, 2021
- % change in selection price Cryptocurrencies in 2021
- Central Banks Enter Digital Currency Space
- As a new breed based on blockchain Cryptocurrency Coins, Stablecoins continue to strengthen
- World’s Best Stablecoins: Ranked by market cap (in billions of US dollars) as of September 2, 2021
- Institutional investors continue to pour funds into the Cryptocurrency Walk
- With Cryptocurrencies Outperforming major asset classes, institutional interest continues to increase: % growth of Cryptocurrencies Compared to other asset classes for 2020
- Smart Contracts: Most Promising Use Case for Distributed Ledger Technology
- Growing role of blockchain in cross-border payments and money transfers
- Global cross-border payment flow (in billions of US dollars) for 2019, 2021 and 2023
- Global Cross-Border Payments Market Breakdown by Use Case (%) for 2020
- Blockchain for Fraud Prevention: a new and powerful weapon in the making
- Capital Markets: Blockchain to solve for data duplication, reconciliation errors and settlement delays
- Key Challenges and Concerns Surrounding Blockchain Adoption
4. GLOBAL MARKET OUTLOOK
III. MARKET ANALYSIS
IV. COMPETITION
For more information on this report, visit https://www.researchandmarkets.com/r/53dw15
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SOURCE Research and Markets
