Press release
2019 – 2027 Blockchain in Fintech Market New Revenue Sources and Latest Trends by Amazon Web Services, Bitfury, BTL Group, Chain, Digital Asset Holdings, Earthport, IBM, Microsoft, Oracle, Ripple
Blockchain or the distributed ledger technology is serving the fintech industry for transforming their processes. The fintech industry witnesses various obstacles & bottlenecks in their processes; blockchain helps in providing transparency, accountability, and enhanced security for saving money & time. There is an increasing need for transparency by the fintech industry. This has majorly driven the blockchain in fintech market. Further, factors including rise in the use of cryptocurrency has supplemented the demand for blockchain in the fintech industry. However, lack of universal standards is impeding the growth of the market to a considerable extent. Proliferation of IoT is anticipated to create growth opportunities for the blockchain in fintech market.
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Key Players Influencing the Market
• Amazon Web Services
• Bitfury
• BTL Group
• Chain
• Digital Asset Holdings
• Earthport
• IBM
• Microsoft
• Oracle
• Ripple
The global Blockchain in Fintech market is segmented on the basis of technology and end users. Based on technology, the market is segmented into natural language processing (NLP), computer vision, and machine learning. On the basis of end users, the Blockchain in Fintech market is segmented into automotive, BFSI, IT and telecom, media and entertainment, healthcare, retail, manufacturing, government, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Blockchain in Fintech market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Blockchain in Fintech market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Blockchain in Fintech market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Blockchain in Fintech market in these regions.
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Blockchain in Fintech Market.
• Key market trends cracking up the growth of the Blockchain in Fintech Market.
• Challenges to market growth.
• Key vendors of Blockchain in Fintech Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Blockchain in Fintech Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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