Global FinTech Blockchain Strategic Business Report 2023: Digital Transformation of Financial Services Sector Drives Market Growth

Dublin, March 31, 2023 (GLOBE NEWSWIRE) — The “FinTech Blockchain: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for FinTech Blockchain estimated at US$1.4 Billion in the year 2022, is projected to reach a revised size of US$43.1 Billion by 2030, growing at a CAGR of 53.6% over the analysis period 2022-2030.

Large Enterprises, one of the segments analyzed in the report, is projected to record 49.6% CAGR and reach US$25.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Smes segment is readjusted to a revised 62.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $451.7 Million, While China is Forecast to Grow at 62.9% CAGR

The FinTech Blockchain market in the U.S. is estimated at US$451.7 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$5.4 Billion by the year 2030 trailing a CAGR of 62.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 47.1% and 48.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 52% CAGR.

Select Competitors (Total 80 Featured) –

• Accenture PLC
• Amazon Web Services, Inc.
• Bitfury Group Limited
• Chain, Inc.
• Digital Asset Holdings, LLC
• Huawei Technologies Co. Ltd.
• IBM Corporation
• Infosys Limited
• Microsoft Corporation
• Oracle Corporation
• RecordesKeeper
• Ripple Labs Inc.
• SAP SE
• Symbiont
• Tata Consultancy Services Limited

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies – Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• In a Hyperconnected Economy, Blockchain Technology Paves the Way for Transformation to Happen
• Blockchain Technology: Statistics in Nutshell
• Key Benefits of Blockchain Technology
• Impact of COVID-19 Pandemic and Looming Global Recession
• 2020: A Year of Disruption & Transformation
• As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
• World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
• COVID-19 Impact on Blockchain Technology Spending
• COVID-19 Outbreak Impacts Blockchain Industry: % Change in Spending by Emerging Technologies for the Period May-Jun Vs Mar-Apr 2021
• Spending on Blockchain Technology Poised for Robust Growth in 2021
• Amidst COVID-19, Importance of Blockchain Technology Continues to Surge
• Promising Market Outlook for Blockchain in the Post COVID-19 Period
• Global Blockchain Technology Spending by Industry (in %) for 2020
• FinTech Blockchain – Global Key Competitors Percentage Market Share in 2022 (E)
• An Introduction to FinTech Blockchain
• Global Market Prospects & Outlook
• Top Use Cases for Blockchain in Fintech
• VC Investments in Blockchain Applications for Financial Services Continues to Accelerate
• Global Venture Funding in Financial Services Blockchain Companies for 2016-2020
• Number of Venture Funding Deals in Financial Services Blockchain Firms for 2016-2020
• Recent Market Activity
• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Digital Transformation of Financial Services Sector Drives Market Growth
• Global Digital Transformation Spending (In US$ Billion) for 2017-2023
• Top Technology Investments in BFSI Sector: 2021
• Rapidly Changing FinTech Landscape Support Blockchain Adoption
• Blockchain Promises to Improve Transparency, Security, Immutability & Accessibility of Systems & Processes for Financial Services
• Emerging Trends in Financial Technology Blockchain Market
• Transformative Impact of Blockchain Technology in the Banking Industry
• Post Pandemic Focus of Banks on Digital Transformation to Benefit Blockchain Adoption: % of Organizations Citing Priority for 2020
• Blockchain to Play a Vital Role in Facilitating Financial Inclusion of the Unbanked
• The Large Unbanked Population and Focus on their Financial Inclusion to Stimulate Blockchain Deployments: Unbanked Population as a % of Total Population by Region for the Year 2020
• Online Banking Fraud Could Become History With Blockchain
• With Online Banking Fraud Losses On the Rise, Blockchain Holds Potential to Offer Superior Security Benefits: Cumulative Global Online Fraud (In US$ Billion) Between 2020 to 2024 by Region
• Blockchain-based Payments Processing: An Active Area of Interest for Banks
• Blockchain Adoption to Benefit from the Rising Significance of Decentralized finance (DeFi) in Developing Economies
• Decentralized Finance (DeFi) to Bridge the Huge SME Financing Gap to Boost Blockchain Adoption: World Formal MSMEs Finance Gap (in $ Billion) by Region
• As FinTech Disrupts Insurance Sector, Blockchain Technology Poised for Growth
• Applications of Blockchain in Insurance Industry
• Select Startups Transforming the Insurance Industry
• COVID-19 Pandemic Impact: Financial Challenges & Digital Opportunities for Insurance Industry
• Pandemic Accelerates Insurance Digitization, Presenting Opportunities for Blockchain Adoption
• As the Underlying Technology of Digital Currencies, Expanding Cryptocurrency Market Presents Opportunity for FinTech Blockchain
• Following the Big Turnaround in 2020, the Year 2021 Continues to Promise Growth for Cryptocurrency Market
• Number of Cryptocurrencies Worldwide: 2013 to 2021
• Top Cryptocurrency Nations Worldwide: % of People Using or Owning Cryptocurrencies by Country
• While the World Economy Struggles Amidst the COVID-19 Pandemic, Flourishing Cryptocurrency Surprises One and All
• Notable Developments Shaping Post-Pandemic Trends in the Cryptocurrency Marketplace
• Which are the Top Cryptocurrencies Worldwide?
• Top Cryptocurrencies Worldwide by Market Capitalization ($ Million) as of Aug 30, 2021
• Crypto Pricing Continues to Roller Coaster Ride
• Most Expensive Cryptocurrencies Worldwide: Ranked by Price (in $) as of Aug 30, 2021
• % Change in Price of Select Cryptocurrencies in 2021
• Central Banks Move into Digital Currency Space
• As the Newer Breed of Blockchain-based Crypto Coins, Stablecoins Continues to Strengthen
• Top Stablecoins Worldwide: Ranked by Market Capitalization (in US$ Billion) as of 2nd Sep 2021
• Institutional Investors Continue to Pour in Funds into the Cryptocurrency Market
• With Cryptocurrencies Outperforming Major Asset Classes, Institutional Interest Continues to Rise: % Growth of Cryptocurrencies Vs Other Asset Classes for 2020
• Smart Contracts: Most Promising Use Case of Distributed Ledger Technology
• Growing Role of Blockchain in Cross-Border Payments and Money Transfers
• Global Cross-Border Payments Flow (in US$ Billion) for 2019, 2021 and 2023
• Global Cross-Border Payments Market Breakdown by Use Case (in %) for 2020
• Blockchain for Fraud Prevention: A New & Potent Weapon in the Making
• Capital Markets: Blockchain to Resolve with Data Duplication, Reconciliation Errors and Settlement Delays
• Major Challenges & Concerns Surrounding Blockchain Adoption

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit http://www.researchandmarkets.com/r/7nmfam

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Attachment

• Global Market for FinTech Blockchain

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