Dublin, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The "FinTech Blockchain - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for FinTech Blockchain is estimated at US$2.1 Billion in 2023 and is projected to reach US$49.2 Billion by 2030, growing at a CAGR of 56.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the FinTech blockchain market is driven by several factors, including the increasing demand for faster and cheaper financial services solutions that can operate on a global scale. Technological advancements that enhance blockchain's scalability and interoperability are also significant growth drivers. As blockchain technology matures, its applications in FinTech are becoming more feasible and efficient, encouraging further investment and experimentation.
Consumer behavior is also a crucial factor; as digital native consumers seek more transparent, secure, and efficient ways to manage money, save, invest, and transact, the demand for blockchain-based solutions grows. Additionally, the shift towards digital currencies and increased interest from traditional financial institutions in blockchain solutions are potent catalysts for market expansion. These trends, combined with ongoing technological innovation and regulatory developments, ensure robust growth and dynamic evolution in the FinTech blockchain sector.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the FinTech Blockchain for Large Enterprises segment, which is expected to reach US$29.3 Billion by 2030 with a CAGR of a 52.0%. The FinTech Blockchain for SMEs segment is also set to grow at 65.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $626.8 Million in 2023, and China, forecasted to grow at an impressive 65.2% CAGR to reach $5.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global FinTech Blockchain Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global FinTech Blockchain Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global FinTech Blockchain Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Huawei Technologies Co., Ltd., Accenture PLC, Amazon Web Services, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 354 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $2.1 Billion |
Forecasted Market Value (USD) by 2030 | $49.2 Billion |
Compound Annual Growth Rate | 56.4% |
Regions Covered | Global |
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
- FinTech Blockchain - Global Key Competitors Percentage Market Share in 2024 (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
- Recent Market Activity
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Digital Transformation of Financial Services Sector Drives Market Growth
- 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
- Blockchain to Play a Vital Role in Facilitating Financial Inclusion of the Unbanked
- Online Banking Fraud Could Become History With Blockchain
- With Online Banking Fraud Losses On the Rise, Blockchain Holds Potential to Offer Superior Security Benefits
- 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
- As FinTech Disrupts Insurance Sector, Blockchain Technology Poised for Growth
- Applications of Blockchain in Insurance Industry
- Select Startups Transforming the Insurance Industry
- As the Underlying Technology of Digital Currencies, Expanding Cryptocurrency Market Presents Opportunity for FinTech Blockchain
- Which are the Top Cryptocurrencies Worldwide?
- Crypto Pricing Continues to Roller Coaster Ride
- Central Banks Move into Digital Currency Space
- As the Newer Breed of Blockchain-based Crypto Coins, Stablecoins Continues to Strengthen
- Institutional Investors Continue to Pour in Funds into the Cryptocurrency Market
- Smart Contracts: Most Promising Use Case of Distributed Ledger Technology
- Growing Role of Blockchain in Cross-Border Payments and Money Transfers
- 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
FOCUS ON SELECT PLAYERS(Total 80 Featured)
- Huawei Technologies Co., Ltd.
- Accenture PLC
- Amazon Web Services, Inc.
- Cognizant Technology Solutions U.S. Corporation
- Deloitte Touche Tohmatsu Ltd.
- GuardTime AS
- Hewlett Packard Enterprise Development LP (HPE)
- Blockstream Corp
- Crypto Finance AG
- Crypto4all
- Huobi
- AlphaPoint
- Cointelegraph
- Appinventiv
- Chain, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/4vydd1
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