FinTech Blockchain Market 2018 Global Recent Trends, Competitive Landscape, Size, Segments, Emerging Technologies and Industry Growth by Forecast to 2023

The report on the global FinTech Blockchain market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.

Market Highlights:

Worldwide blockchain in financial technology (fintech) market is expected to grow from USD 231.63 million in 2017 to USD 6700.63 million by 2023, at a compound annual growth rate (CAGR) of 75.2% during the forecast period. Key factors driving blockchain in fintech are high compatibility with the financial industry ecosystem, faster transactions, and reduction of the total cost of ownership. North America is expected to dominate the market owing to a technically advanced region and the presence of major key players. Major factors driving this market are rising cryptocurrency market, initial coin offering (ICO), and reduced cost of transactions.

Blockchain is the technology that uses a shared ledger to record transactions across a decentralized network of computers. Blockchain in fintech manages and controls the information on digital transactions and avoid duplicates. Integration of this technology provides real-time payments against assets with an immutable state and digital identity, resulting in significant cost savings with respect to the reconciliation and settlement for several financial institutions and banks. Leading financial institutions and banks including Citibank, J.P. Morgan, Goldman Sachs and Barclays among others, have taken steps to deploy this technology.

Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/6368

Major Key players

• Amazon Web Services, Inc. (US),
• IBM Corporation (US),
• Microsoft Corporation (US),
• Ripple (US),
• Chain Inc (US),
• Earthport PLC. (UK),
• Bitfury Group Limited (US),
• BTL Group (Canada),
• Oracle Corporation (US)
• Digital Asset Holdings (US).
Other players in the FinTech Blockchain market are Circle Internet Financial Limited (Ireland), Factom (US), AlphaPoint (US), Coinbase (US), Plutus Financial, Inc. (US), Auxesis Group (India), BitPay (US), BlockCypher, Inc. (US), Applied Blockchain Ltd. (UK), RecordesKeeper (Spain), Symbiont.io (US), Guardtime (Estonia), Cambridge Blockchain, LLC. (US), Tradle (US), and Blockchain Advisory Mauritius Foundation (Mauritius) among others.

According to MRFR, The FinTech Blockchain market is expected to grow from USD 231.63 million in 2017 to USD 6700.63 million by 2023, at a compound annual growth rate (CAGR) of 75.2% during the forecast period.

Industry Trend:
Several countries in the Asia Pacific (APAC) region is testing blockchain as a mode of payment transfer. Thailand and Singapore are leading from the front. Bank of Ayudhya took the initiative of testing such transfer and the results are in favor of FinTech Blockchain market. This can be a gateway to the APAC market for the FinTech Blockchain market.

Segmentation:
The global FinTech Blockchain market can be segmented by provider, interaction channel, organization size, and application.
Based on service provider, the FinTech Blockchain market is segmented into application and solutions, middleware & services and infrastructure & base protocols.
By interaction channel, the FinTech Blockchain market includes bank branches, mobile applications, websites, call centers, and others.
Depending on organization size, the FinTech Blockchain market comprises large enterprise and small & medium enterprises (SME).
By application, the FinTech Blockchain market is segmented into banking, payment, smart contracts, trade & supply chain finance, capital market, risk management & compliance, insurance, digital identity management, and others.

Regional Analysis:
Region-specific analysis of the FinTech Blockchain market spans across North America, Europe, Asia Pacific (APAC) and the Rest-of-the-World (RoW).
North America is currently dominating the market as the infrastructure is perfectly supporting the induction process of this technology. Furthermore, the region’s ability to adapt to the latest technology is quite superior to the rest which creates ample opportunity for this FinTech Blockchain market to expand.
The APAC region is showing the tremendous possibility for growth. The region has several developing economies who are ready to try out this latest technology. At the same time, emerging economies are also funding their infrastructure for better implementation of solutions and FinTech Blockchain fits the bill. The region will be the fastest to record growth during the forecast period.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/blockchain-fintech-market-6368

Intended Audience
• Application developers
• Services providers and distributors
• Blockchain application builders
• Independent Software Vendors (ISVs)
• Enterprises
• Research institutes, organizations, and consulting companies

LIST OF TABLES
Table 1 Global Blockchain in Fintech Market, by Region, 2018–2023
Table 2 North America: Blockchain in Fintech Market, by Country, 2018–2023
Table 3 Europe: Blockchain in Fintech Market, by Country, 2018–2023
Table 4 Asia-Pacific: Blockchain in Fintech Market, by Country, 2018–2023
Table 5 Middle East & Africa: Blockchain in Fintech Market, by Country, 2018–2023
Continued……

LIST OF FIGURES
FIGURE 1 Global Blockchain in Fintech Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Blockchain in Fintech Market
FIGURE 4 Value Chain of Global Blockchain in Fintech Market
Continued……

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.