Global blockchain in banking and finance expected to reach $94.5 billion by 2030

DUBLIN, March 31, 2022 /PRNewswire/ — The “Global Blockchain in Banking and Finance Market 2020-2030 by Offering (Platform, Services), Type (Public, Private, Hybrid), Vendor (Infrastructure, Middleware, Application), Application, sub-vertical, organization The “Size and Region: Forecasting Trends and Growth Opportunities” report has been added to from ResearchAndMarkets.com offer.

The global blockchain in the banking and financial market will reach $94.58 billion by 2030, growing by 63.1% per year over the period 2020-2030 in the context of the COVID-19 pandemic. The market is driven by the growing need for faster and cheaper cross-border payment systems, greater compatibility with the financial services industry ecosystem, and growing demand for comprehensive security mechanisms.

The report is based on extensive research of the entire Global Blockchain in Banking & Financials Market and all its sub-segments through highly detailed classifications. In-depth analyzes and assessments are generated from premium primary and secondary information sources with input from industry professionals across the value chain. The report is based on studies from 2017-2019 and provides an estimate for 2020 and a forecast from 2021 to 2030 with 2019 as the base year (the year 2020 is not appropriate for the research base due to the COVID-19 outbreak).

In-depth qualitative analyzes include the identification and investigation of the following aspects:

  • Market structure
  • Growth engines
  • Constraints and challenges
  • Emerging Product Trends and Market Opportunities
  • Porter’s Five Forces

The global market trend and outlook is forecasted in an optimistic, balanced and conservative view considering COVID-19. The balanced (most likely) projection is used to quantify the global blockchain in the banking and finance market in all aspects of classification from the perspective of supply, type, vendor, application, sub-vertical, organization size and region.

On the basis of supply, the global market is segmented into the following sub-markets with annual revenue (USD Million) for 2019-2030 included in each section.

On the basis of type, the global market is segmented into the following sub-markets with annual revenue (USD Million) for 2019-2030 included in each section.

  • Public blockchain
  • Consortium or hybrid blockchain
  • Private or authorization blockchain

On the basis of vendor, the global market is segmented into the following sub-markets with annual revenue (USD Million) for 2019-2030 included in each section.

  • Infrastructure and protocol providers
  • Middleware providers
  • Application and solution providers

Based on application, the global market is segmented into the following sub-markets with annual revenue (USD Million) for 2019-2030 included in each section.

  • Clearance and settlement systems
  • Trade finance
  • Identity management and fraud detection
  • e-KYC
  • Smart contracts
  • Regulatory Reporting and Compliance
  • Other Apps

Based on sub-verticality, the global market is segmented into the following sub-markets with annual revenue (USD Million) for 2019-2030 included in each section.

  • Interbank transfers
  • Cross-border transfers and remittances
  • Retail and P2P payments
  • Business payments
  • Other sub-verticals

On the basis of organization size, the global market is segmented into the following sub-markets with annual revenue (USD Million) for 2019-2030 included in each section.

  • Large companies
  • Small and medium-sized enterprises (SMEs)

Geographically, the following regions as well as national/local markets listed are fully investigated:

  • North America (WE, Canadaand Mexico)
  • Europe (GermanyUK, France, Spain, Italy, RussiaRest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmarkand Finland)
  • APAC (Japan, China, South Korea, Australia, India, and rest of APAC; The rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwanand Philippines)
  • South America (Brazil, Chile, ArgentinaRest of South America)
  • AEM (Qatar, Saudi Arabia, South Africa)

For each region and country mentioned above, detailed analysis and annual revenue data (millions of dollars) are available for 2019-2030. The breakdown of all regional markets by country and the breakdown of major national markets by blockchain type, application, and sub-vertical over the forecast years are also included.

The report also covers the current competitive scenario and the forecasted trend; and profiles key vendors, including market leaders and important emerging players.

Main topics covered:

1. Introduction

2 Market Overview and Dynamics
2.1 Market Size and Forecast
2.1.1 Impact of COVID-19 on the global economy
2.1.2 Impact of COVID-19 on the market
2.2 Key Growth Drivers
2.3 Market Constraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Five Forces Analysis

3 Global Market Segmentation by Supply
3.1 Market Overview by Offer
3.2 Platform
3.3 Services

4 Global Market Segmentation by Type of Blockchain
4.1 Market Overview by Blockchain Type
4.2 Public blockchain
4.3 Consortium or hybrid blockchain
4.4 Private or Permission Blockchain

5 Global Market Segmentation by Vendor
5.1 Market Overview by Vendor
5.2 Infrastructure and protocol providers
5.3 Middleware vendors
5.4 Application and Solution Providers

6 Global Market Segmentation by Application
6.1 Market Overview by Application
6.2 Clearance and settlement systems
6.3 Trade finance
6.4 Identity Management and Fraud Detection
6.5 e-KYC
6.6 Smart Contracts
6.7 Regulatory Reporting and Compliance
6.8 Other applications

7 Global Market Segmentation by Sub-Vertical
7.1 Market Overview by Sub-Vertical
7.2 Interbank transfers
7.3 Cross-border transfers and remittances
7.4 Retail and P2P payments
7.5 Corporate Payments
7.6 Other sub-verticals

8 Global Market Segmentation by Organization Size
8.1 Market Overview by Organization Size
8.2 Large companies
8.3 Small and medium-sized enterprises (SMEs)

9 Global Market Segmentation by Region
9.1 Geography Market Overview 2019-2030
9.2 2019-2030 North America Market by Country
9.2.1 North America Market Overview
9.2.2 United States
9.2.3 Canada
9.2.4 Mexico
9.3 2019-2030 Europe Market by Country
9.3.1 European Market Overview
9.3.2 Germany
9.3.3 United Kingdom
9.3.4 France
9.3.5 Spain
9.3.6 Italy
9.3.7 Russia
9.3.8 Rest of the European market
9.4 Asia-Pacific Market 2019-2030 by Country
9.4.1 Asia Pacific Market Overview
9.4.2 Japan
9.4.3 China
9.4.4 Australia
9.4.5 India
9.4.6 South Korea
9.4.7 Rest of APAC
9.5 2019-2030 South America Market by Country
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America Market
9.6 MEA Market 2019-2030 by Country
9.6.1 Qatar
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 Other national markets

10 Competitive Landscape
10.1 Major Vendors Overview
10.2 New Product Launch, Partnership, Investment, and Mergers and Acquisitions
10.3 Company Profiles

  • Accubit Technologies
  • Clearmatics
  • Fujitsu
  • IBM Corporation
  • JP Morgan
  • Microsoft Corporation
  • Mainchain Technologies
  • R3
  • Ripple
  • Signy

For more information about this report visit https://www.researchandmarkets.com/r/lpoieq

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SOURCE Research and Markets

Michael J. Birnbaum