Growth of the global blockchain technology in BFSI market is expected to increase significantly in terms of revenue during the forecast period due to increasing demand for distributed ledger technology in banks. Rising adoption of blockchain technology for capital optimization is also a major factor expected to further boost global blockchain technology in BFSI market growth during the forecast period. Increasing adoption of blockchain technology for cross-border payments is expected to further support growth in market size in future.
However, high investment to implement blockchain technology is expected to restrain adoption, and in turn, impact growth of the global blockchain technology in BFSI market growth to a certain extent during the forecast period.The global blockchain technology in BFSI market is forecast to reach a market size of USD 70,026.4 Million by 2028, and register a rapid CAGR, according to latest analysis by Emergen Research.
The Global Blockchain Technology in BFSI Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Blockchain Technology in BFSI Market industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Blockchain Technology in BFSI Market along with crucial statistical data about the Blockchain Technology in BFSI Market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2028. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
The current COVID-19 pandemic is expected to have an effect on the growth of the Blockchain Technology in BFSI Market industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Blockchain Technology in BFSI Market sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Blockchain Technology in BFSI Market industry.
Segments Covered in this Report
Type Outlook (Revenue, USD Million; 2021–2028)
Component Outlook (Revenue, USD Million; 2021–2028)
Application Outlook (Revenue, USD Million; 2021–2028)
End-use Outlook (Revenue, USD Million; 2021–2028)
Non-banking financial company
Regional Outlook (Revenue, USD Million; 2021–2028)
Rest of APAC
Rest of LATAM
Middle East & Africa
Amazon Web Services, Inc.
International Business Machines Corporation
Bitfury Group Limited
Hewlett Packard Enterprise Development LP
You Can Download Free Sample PDF Copy of Blockchain Technology in BFSI Market at https://www.emergenresearch.com/request-sample/488
The report further covers extensive regional analysis of the Vertical Farming industry with regards to market scope, market size, market share, revenue generation, production and consumption ratio, supply and demand ratio, and analysis of the key players operating in those regions. The regional analysis covers given below –
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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16 September, 2021
24 September, 2021