1h Free Analyst Time
The FinTech Blockchain Market size was estimated at USD 5.57 billion in 2022, USD 7.41 billion in 2023, and is expected to grow at a CAGR of 35.86% to reach USD 64.77 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Blockchain in FinTech is a decentralized and distributed digital ledger that securely records transactions across multiple computers in real-time, ensuring data integrity, transparency, and immutability. Blockchain technology in FinTech enables efficient processing and management of various financial operations such as cross-border payments, securities trading, and digital identity verification. It achieves this by eliminating intermediaries such as banks and clearinghouses, thereby streamlining processes, reducing costs, and enhancing security. Moreover, its decentralized nature allows for enhanced collaboration among participants through smart contracts as self-executing agreements with predefined rules encoded on the platform. The popularity and adoption of cryptocurrencies such as Bitcoin and Ethereum, along with the need for secure payment systems in the FinTech industry, has increased the adoption of blockchain solutions. However, uncertain regulatory standards and frameworks in various countries, along with security concerns, are restricting market growth. On the other hand, growing investments in FinTech and blockchain technology for technological advancement & integration of AI and ML in FinTech blockchain are expected to create lucrative growth prospects for the market in the upcoming years.
Regional Insights
In the Americas, well-established financial hubs and the increasing use of cryptocurrency raised the utilization of FinTech blockchain technology. FinTech companies in the United States, Canada, Brazil, and Mexico focus on employing blockchain technology to eliminate the need for third-party intermediaries in financial operations. The United States, Mexico, Canada, Brazil, and Argentina governments support responsible digitalization of financial institutes and blockchain integration in financial processes to expand access to safe financial services. In Asia-Pacific, rapidly rising digital transactions, government initiatives and investment in blockchain technology, and advancement in FinTech blockchain technology significantly increased the utilization of FinTech blockchain technology. Countries, including Singapore and Hong Kong, have established global financial centers by embracing digital transformation initiatives. Traditional finance institutions are partnering with emerging tech firms to leverage their expertise in blockchain implementation for streamlining processes such as cross-border payment transactions across the region. The adoption of FinTech blockchain technology in the EMEA region has experienced significant growth, owing to the increasing regulatory support, collaboration between banks and blockchain startups, and rising demand for enhanced financial services. The European Union (EU) implemented the revised Payment Services Directive (PSD2), which encourages innovation in financial services by opening up banking data to third parties through application programming interfaces (APIs).FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the FinTech Blockchain Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the FinTech Blockchain Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the FinTech Blockchain Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, AlphaPoint, Amazon Web Services, Inc., Anchorage Digital, Applied Blockchain Ltd., Auxesis Group, Bitfury Group Limited, BitGo Holdings, Inc., BitPay, Inc., Blockchain.com, Inc., Chain Global Ltd., Chainalysis Inc., Circle Internet Financial, LLC, Coinbase Global, Inc., Consensys Software Inc., Digital Asset Holdings, LLC, Factom, Gemini Trust Company, LLC, GuardTime OÜ,, International Business Machines Corporation, JPMorgan Chase & Co., Kraken by Payward, Inc., Microsoft Corporation, Morgan Stanley, Oracle Corporation, R3 HoldCo LLC, Ripple Labs Inc., Stellar Development Foundation, Tata Consultancy Services, and Wipro.Market Segmentation & Coverage
This research report categorizes the FinTech Blockchain Market to forecast the revenues and analyze trends in each of the following sub-markets:- Provider
- Application & Solution Providers
- Infrastructure & Base Protocol Providers
- Middleware & Service Providers
- Organization Size
- Large Enterprises
- Small & Medium Enterprises
- Application
- Compliance Management & Know Your Customers
- Cross-Border Payment and Exchanges & Remittance
- Identity Management
- Payment, Clearing & Settlement
- Smart Contract
- Vertical
- Banking
- Insurance
- Non-Banking Financial Services
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the FinTech Blockchain Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the FinTech Blockchain Market?
- What are the technology trends and regulatory frameworks in the FinTech Blockchain Market?
- What is the market share of the leading vendors in the FinTech Blockchain Market?
- Which modes and strategic moves are suitable for entering the FinTech Blockchain Market?
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. FinTech Blockchain Market, by Provider
7. FinTech Blockchain Market, by Organization Size
8. FinTech Blockchain Market, by Application
9. FinTech Blockchain Market, by Vertical
10. Americas FinTech Blockchain Market
11. Asia-Pacific FinTech Blockchain Market
12. Europe, Middle East & Africa FinTech Blockchain Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
List of Figures
List of Tables
Companies Mentioned
- Accenture PLC
- AlphaPoint
- Amazon Web Services, Inc.
- Anchorage Digital
- Applied Blockchain Ltd.
- Auxesis Group
- Bitfury Group Limited
- BitGo Holdings, Inc.
- BitPay, Inc.
- Blockchain.com, Inc.
- Chain Global Ltd.
- Chainalysis Inc.
- Circle Internet Financial, LLC
- Coinbase Global, Inc.
- Consensys Software Inc.
- Digital Asset Holdings, LLC
- Factom
- Gemini Trust Company, LLC
- GuardTime OÜ,
- International Business Machines Corporation
- JPMorgan Chase & Co.
- Kraken by Payward, Inc.
- Microsoft Corporation
- Morgan Stanley
- Oracle Corporation
- R3 HoldCo LLC
- Ripple Labs Inc.
- Stellar Development Foundation
- Tata Consultancy Services
- Wipro
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 187 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 7.41 Billion |
| Forecasted Market Value ( USD | $ 64.77 Billion |
| Compound Annual Growth Rate | 35.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 30 |
