Published on: October 11, 2021


FinTech Blockchain Market by Application and Geography Market Analysis

FinTech blockchain market size will increase at a steady pace. The high compatibility with financial services industry ecosystem and the high adoption of blockchain technology for payments, smart contracts, and digital identities will be key factors influencing market growth during the forecast period. AWS, IBM, Microsoft, Ripple, and Chain are some of the key vendors in this marketspace.

This report provides a comprehensive analysis of the growth opportunities, market segmentations, prospects in various regions and key countries, implications of new market trends, and the impact of domestic and global market players.

Who are the Key Vendors in the FinTech Blockchain Market?

AWS, IBM, Microsoft, Ripple, and Chain are some of the key FinTech blockchain companies covered in this report.

The market is competitive and with the upcoming number of growth opportunities for market vendors, the competitive landscape is set to intensify further. The key players are adopting various strategies including collaborations, M&As, and the development of innovative products to enhance their customer base.

Covering key vendor revenue, business expansion strategies, portfolio analysis, threat from new entrants and substitutes, and competitive benchmarking, our vendor analysis will help clients plan go-to-market strategies and new product launches.

What are the Upcoming FinTech Blockchain Market Trends?

Major market trends such as the high adoption of blockchain technology for payments, smart contracts, and digital identities and the high ccompatibility with financial services industry ecosystem will have a positive influence on market growth and as a result, the market size will increase at a steady rate year-over-year.

The uncertain regulatory standards and frameworks will be one of the key factors that challenge market growth.

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Parent Market - Specialized Consumer Services Industry

The FinTech blockchain market is catalogued under the specialized consumer services industry. This industry was worth $4388.46 billion in 2020 and will grow at a moderate pace during the forecast period.

Increased adoption of online channel by vendors will have a significant influence on the specialized consumer services sector. The online subscription for specialized consumer services has witnessed significant growth over the past few years. Online channels offer increased visibility to services provided by market vendors. Online channel subscription is expected to witness faster growth than offline channel. Increased Internet connectivity, growing adoption of mobile Internet devices, and the rising consumer awareness have contributed to the growth of the global specialized consumer services market through online channels

FinTech Blockchain Market Segmentation

The global market for FinTech blockchain has been segmented application and geography. Based on application, the market has been further segmented into payments, clearing and settlement, exchanges and remittance, smart contract, identity management, and compliance management/KYC.

Based on Geography

By geography, the report analyzes the market by key regions North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA). North America will be a key market for FinTech blockchain during the forecast period.

Regional-specific analysis also provide insights of the upcoming demand for FinTech blockchain across key countries in these regions.

Key FinTech Blockchain Market Report Benefits

  • Gain in-depth insights about your market that will aid in making strategic decisions related to market entry, partnerships, new product launch, and more.

  • Identify the most profitable product/service segments which will help in upgrading product offerings, portfolio expansion, and market entry.

  • Accurate prediction on FinTech blockchain market CAGR, market size, and growth potential.

  • Insights on the market’s growth & opportunities in the global and regional levels.

  • Get a clear understanding on the business implications of key market trends.

  • Detailed analysis of market challenges and risks.

  • Comprehensive data that covers region-, segment-, and company-specific information.

  • Identify key competitors and the products/services they offer, their market share, and business strategies including investments & M&As.

Need a Regional,  Service or Product-specific Analysis? Get FREE Customization and modify this report to meet your requirements

 
 

Scope of the Report

 

Report Coverage

 

Details

 

Page number

 

120

 

Base year

 

2020

 

Forecast period

 

2021-2025

 

Parent Market

 

Specialized Consumer Services

 

Parent Market Size

 

$4388.46 billion

 

By Market segmentt by Application

 

Payments | Clearing and Settlement | Exchanges and Remittance | Smart Contract | Identity Management | Compliance Management/KYC

 

Regional analysis

 

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA)

 

Companies profiled

 

AWS, IBM, Microsoft, Ripple, and Chain

 

Top Market Trend

 

High Compatibility with Financial Services Industry Ecosystem | High adoption of Blockchain Technology for payments, smart contracts, and digital identities

 

Report Benefits

 

Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges