Global Blockchain Technology Market in BFSI Sector 2018-2022

  • ID: 4460823
  • Report
  • Region: Global
  • 92 pages
  • TechNavio
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About Blockchain Technology in BFSI Sector

Blockchain is a new technology, based on distributed ledger technology. In blockchain technology, ledgers securely record information across a group of networks.

The analysts forecast the global blockchain technology market in BFSI sector to grow at a CAGR of 62.78% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global blockchain technology market in BFSI sector for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Blockchain Technology Market in BFSI Sector 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • IBM
  • Microsoft
  • Amazon
Market drivers
  • Increasing government investments in blockchain technology
  • For a full, detailed list, view the full report
Market challenges
  • Trust deficit in blockchain technology for financial transactions
  • For a full, detailed list, view the full report
Market trends
  • Growth of BaaS
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT TYPE
  • Overview
  • Comparison by product type
  • Public blockchain
  • Consortium blockchain
  • Private blockchain
  • Market opportunity by product type
PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Americas – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • APAC – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Growth of BaaS
  • Increasing use of analytics with blockchain technology
  • Growing use of IoT with blockchain technology
PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • IBM
  • Microsoft
  • Amazon
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global blockchain technology market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Global blockchain technology market in BFSI sector 2017-2022 ($ mn)
Exhibit 09: Global blockchain technology market in BFSI sector: Year-over-year growth 2018-2022 (%)
Exhibit 10: Five forces analysis 2017
Exhibit 11: Five forces analysis 2022
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2017
Exhibit 18: Market condition - Five forces 2022
Exhibit 19: Product type – Market share 2017-2022 (%)
Exhibit 20: Comparison by type
Exhibit 21: Public blockchain – Market size and forecast 2017-2022 ($ mn)
Exhibit 22: Public blockchain – Year-over-year growth 2018-2022 (%)
Exhibit 23: Consortium blockchain – Market size and forecast 2017-2022 ($ mn)
Exhibit 24: Consortium blockchain – Year-over-year growth 2018-2022 (%)
Exhibit 25: Private blockchain – Market size and forecast 2017-2022 ($ mn)
Exhibit 26: Private blockchain – Year-over-year growth 2018-2022 (%)
Exhibit 27: Market opportunity by product type
Exhibit 28: Customer landscape
Exhibit 29: Global – Market share by geography 2017-2022 (%)
Exhibit 30: Regional comparison
Exhibit 31: Americas – Market size and forecast 2017-2022 ($ mn)
Exhibit 32: Americas – Year-over-year growth 2018-2022 (%)
Exhibit 33: EMEA – Market size and forecast 2017-2022 ($ mn)
Exhibit 34: EMEA – Year-over-year growth 2018-2022 (%)
Exhibit 35: APAC – Market size and forecast 2017-2022 ($ mn)
Exhibit 36: APAC – Year-over-year growth 2018-2022 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Vendor landscape
Exhibit 40: Landscape disruption
Exhibit 41: Vendors covered
Exhibit 42: Vendor classification
Exhibit 43: Market positioning of vendors
Exhibit 44: Vendor overview
Exhibit 45: IBM – Business segments
Exhibit 46: IBM – Organizational developments
Exhibit 47: IBM – Geographic focus
Exhibit 48: IBM – Key offerings
Exhibit 49: Vendor overview
Exhibit 50: Microsoft – Business segments
Exhibit 51: Microsoft – Organizational developments
Exhibit 52: Microsoft – Geographic focus
Exhibit 53: Microsoft – Key offerings
Exhibit 54: Vendor overview
Exhibit 55: Amazon – Business segments
Exhibit 56: Amazon – Organizational developments
Exhibit 57: Amazon – Geographic focus
Exhibit 58: Amazon – Segment focus
Exhibit 59: Amazon – Key offerings

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New Report Released: – Global Blockchain Technology Market in BFSI Sector 2018-2022

The author of the report recognizes the following companies as the key players in the global blockchain technology market in BFSI sector: IBM, Microsoft, and Amazon.

Commenting on the report, an analyst from the research team said: “One trend in the market is growth of BaaS. BaaS is a cloud computing solution that provides a platform to manage distributed ledger systems. Ethereum BaaS (EBaaS), developed by Microsoft and ConsenSys, provides cloud-based blockchain developer environment. The EBaaS solution can be implemented through the Microsoft Azure cloud computing platform to manage and develop blockchain applications.”

According to the report, one driver in the market is increasing government investments in blockchain technology. The increasing investments in blockchain technology by various governments across the world is a major factor driving the growth of the global blockchain technology market in BFSI sector. Countries such as the UK, Canada, Russia, and China are experimenting by placing their national currencies on the blockchain.

Further, the report states that one challenge in the market is trust deficit in blockchain technology for financial transactions. One of the major factors hindering the growth of the global blockchain technology market in BFSI sector is the lack of trust in the blockchain technology. The technology is still in the nascent stage, and its vulnerabilities are yet to be explored. Many companies are also skeptical about the scalability of blockchain when it comes to handling large volumes of enterprise data.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • IBM
  • Microsoft
  • Amazon
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The methodology is available for download below.
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