Global Fintech blockchain Market to reach USD 21210.6 million by 2025
Global Fintech blockchain Market valued approximately USD 130.9 million in 2016 is anticipated to grow with a healthy growth rate of more than 76% over the forecast period 2017-2025. Major drivers of the market include the higher compatibility with financial industry ecosystem, the rising cryptocurrency market cap and Initial Coin Offering (ICO), faster transaction, and reduced total cost of ownership. The future growth opportunities for market include the rising adoption of blockchain applications, such as payments, clearing, and settlements, smart contracts, and identity management, and a new breed of programmable blockchain platform.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Provider:
> Application & solution provider
> Middleware
> Infrastructures & protocol
By Application:
> Payments
> Clearings & settlement
> Exchanges & remittance
> Smart contract
> Identify management
> Compliance management
By Organisation size:
> Small & Medium size enterprises
> Large enterprise
By Vertical:
> Banking
> Non-banking financial services
> Insurance
By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025
Some of the key manufacturers involved in the market AWS, IBM, Microsoft, Ripple, chain, earthport, bitfury, BTL group, oracle, circle, factom, alphapoint, coinbase, abra, bitpray. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Fintech blockchain Market in Market Study:
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors
