Blockchain in Fintech Market Expected to Witness a Significant Growth of 5900 Million US$ globally by 2022


Posted November 26, 2018 by amarsasane

“Blockchain in Fintech Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2018-2022).

 
Global Blockchain in Fintech Market overview:

With the slowdown in world economic growth, the Blockchain in Fintech industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Blockchain in Fintech market size to maintain the average annual growth rate of 2.50% from 5200 million $ in 2014 to 5600 million $ in 2017, Market analysts believe that in the next few years, Blockchain in Fintech market size will be further expanded, we expect that by 2022, The market size of the Blockchain in Fintech will reach 5900 million $.

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The Blockchain in Fintech Market is segmented on the basis of Providers, Applications, Organization Size, Industry Vertical and Region. The Application segment includes payments, clearing, and settlement, exchanges and remittances, smart contracts, identity management, compliance management and others. The payments, clearing, and settlement segment is expected to dominate the application segment in terms of contribution to the overall market, as financial companies are deploying blockchain-based smart contracts to bring reduction in costs of verification, execution, arbitration, and fraud prevention.

On the basis of Providers segment into three categories: Application and Solution Providers, Middleware Providers, and infrastructure and protocols providers. These providers offer infrastructure to develop in the blockchain-based platforms. Among these types, the application and solution providers segment is the fastest-growing segment in the overall market. The introduction of technologically advanced blockchain solutions has witnessed a certain level of adoption in financial companies, thereby fueling the overall market growth.

North America is expected to account for the largest share of the overall market in 2018. North America is considered the most advanced region with regard to technology adoption and infrastructure. The wide presence of the key industry players of the blockchain technology solutions in this region is the major driving factor responsible for the growth of the FinTech blockchain market. Financial companies in this region are moving toward the adoption of the blockchain technology.

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Major Key Players:

1 Goldman Sachs

2 JP Morgan

3 Wells Fargo & Co

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Blockchain in Fintech Market Report 2018

1 Blockchain in Fintech Definition

2 Global Blockchain in Fintech Market Major Player Share and Market Overview

3 Major Player Blockchain in Fintech Business Introduction

4 Global Blockchain in Fintech Market Segmentation (Region Level)

5 Global Blockchain in Fintech Market Segmentation (Product Type Level)

6 Global Blockchain in Fintech Market Segmentation (Industry Level)

7 Global Blockchain in Fintech Market Segmentation (Channel Level)

8 Blockchain in Fintech Market Forecast 2018-2022

9 Blockchain in Fintech Segmentation Type

10 Blockchain in Fintech Segmentation Industry

11 Blockchain in Fintech Cost Analysis

12 Conclusion

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Tags blockchain in fintech , blockchain in fintech industry analysis , blockchain in fintech market , blockchain in fintech market size , global blockchain in fintech market , goldman sachs , jp morgan , wells fargo co
Last Updated November 26, 2018