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Europe Decentralized Finance Market Size, Share & Industry Trends Analysis Report by Component, Application, Country and Growth Forecast, 2022-2028

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    Report

  • 65 Pages
  • September 2022
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5673955
The Europe Decentralized Finance Market would witness market growth of 42.2% CAGR during the forecast period (2022-2028).

Users only require a smartphone, thus there is a huge room for revenue development in this industry. DeFi platforms are associated with significant hazards in addition to their numerous cutting-edge advantages, which is likely to fuel business expansion. Such platforms have recently garnered appeal among crypto fans. Infrastructure and rules for DeFi are still being created. Therefore, unlike conventional banking, investments conducted on DeFi are neither governed by or covered by insurance. DeFi loans are backed by extra crypto assets, however in a downturn, the value of these assets may drastically decline or they may even be liquidated.

But, as more users enter the digital asset business, DeFi systems are expanding their capability and bolstering their security & scalability. With the switch to the Ethereum 2.0 network, this procedure has already begun. In the near future, DeFi platforms and exchanges are anticipated to enhance the secrecy and independence of cryptocurrency trading, spurring the growth of decentralized finance and the systems that make it possible.

A consumer creates a savings account and receives interest on the deposit in the present centralized system. The bank makes a profit on the difference by lending the money customers have placed to another consumer or organization at a higher interest rate. A borrower can obtain a loan through DeFi completely on the basis of an algorithm that connects peer-to-peer lenders and borrowers. Since they anticipate receiving the entire rate of interest paid by the borrower rather than a lower amount determined by the bank, lenders may find this attractive. Nowadays, loans are overcollateralized in a bid to reduce this credit risk.

The requirement to lower the cost of financial services is the primary driver of the current attention in decentralized finance in Europe. European firms are looking for decentralized finance peer-to-peer products which eliminate middlemen and the related fees in order to lower transaction costs. The European banking sector is particularly under pressure from regulatory changes, cheap interest rates, and Fintech competition, which is forcing banks to look for decentralized finance solutions to reduce costs in various banking processes.

The Germany market dominated the Europe Decentralized Finance Market by Country in 2021; thereby, achieving a market value of $8,329.8 million by 2028. The UK market would witness a CAGR of 41% during (2022-2028). Additionally, The France market is exhibiting a CAGR of 43.3% during (2022-2028).

Based on Component, the market is segmented into Blockchain Technology, Decentralized Applications (dApps), and Smart Contracts. Based on Application, the market is segmented into Data & Analytics, Decentralized Exchanges, Payments, Stablecoins, Marketplaces & Liquidity, Compliance & Identity, Prediction Industry, Assets Tokenization, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aave, Balancer Labs, Compound Labs, Inc., Badger DAO, Bancor, SushiSwap (Yearn Finance), MakerDao, Synthetix and Curve Finance

Scope of the Study

Market Segments Covered in the Report:

By Component

  • Blockchain Technology
  • Decentralized Applications (dApps)
  • Smart Contracts

By Application

  • Data & Analytics
  • Decentralized Exchanges
  • Payments
  • Stablecoins
  • Marketplaces & Liquidity
  • Compliance & Identity
  • Prediction Industry
  • Assets Tokenization
  • Others

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Aave
  • Balancer Labs
  • Compound Labs, Inc.
  • Badger DAO
  • Bancor
  • SushiSwap (Yearn Finance)
  • MakerDao
  • Synthetix
  • Curve Finance

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Decentralized Finance Market, by Component
1.4.2 Europe Decentralized Finance Market, by Application
1.4.3 Europe Decentralized Finance Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Decentralized Finance Market by Component
3.1 Europe Blockchain Technology Market by Country
3.2 Europe Decentralized Applications (dApps) Market by Country
3.3 Europe Smart Contracts Market by Country
Chapter 4. Europe Decentralized Finance Market by Application
4.1 Europe Data & Analytics Market by Country
4.2 Europe Decentralized Exchanges Market by Country
4.3 Europe Payments Market by Country
4.4 Europe Stablecoins Market by Country
4.5 Europe Marketplaces & Liquidity Market by Country
4.6 Europe Compliance & Identity Market by Country
4.7 Europe Prediction Industry Market by Country
4.8 Europe Assets Tokenization Market by Country
4.9 Europe Others Market by Country
Chapter 5. Europe Decentralized Finance Market by Country
5.1 Germany Decentralized Finance Market
5.1.1 Germany Decentralized Finance Market by Component
5.1.2 Germany Decentralized Finance Market by Application
5.2 UK Decentralized Finance Market
5.2.1 UK Decentralized Finance Market by Component
5.2.2 UK Decentralized Finance Market by Application
5.3 France Decentralized Finance Market
5.3.1 France Decentralized Finance Market by Component
5.3.2 France Decentralized Finance Market by Application
5.4 Russia Decentralized Finance Market
5.4.1 Russia Decentralized Finance Market by Component
5.4.2 Russia Decentralized Finance Market by Application
5.5 Spain Decentralized Finance Market
5.5.1 Spain Decentralized Finance Market by Component
5.5.2 Spain Decentralized Finance Market by Application
5.6 Italy Decentralized Finance Market
5.6.1 Italy Decentralized Finance Market by Component
5.6.2 Italy Decentralized Finance Market by Application
5.7 Rest of Europe Decentralized Finance Market
5.7.1 Rest of Europe Decentralized Finance Market by Component
5.7.2 Rest of Europe Decentralized Finance Market by Application
Chapter 6. Company Profiles
6.1 Aave
6.1.1 Company Overview
6.1.2 Recent strategies and developments:
6.1.2.1 Partnerships, Collaborations, and Agreements:
6.1.2.2 Product Launches and Product Expansions:
6.2 Balancer Labs
6.2.1 Company Overview
6.2.2 Recent strategies and developments:
6.2.2.1 Product Launches and Product Expansions:
6.3 Compound Labs, Inc.
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Product Launches and Product Expansions:
6.4 Badger DAO
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.5 Bancor
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Product Launches and Product Expansions:
6.6 SushiSwap(Yearn Finance)
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Partnerships, Collaborations, and Agreements:
6.7 MakerDAO
6.7.1 Company Overview
6.8 Synthetix
6.8.1 Company Overview
6.9 Curve Finance
6.9.1 Company Overview

Companies Mentioned

  • Aave
  • Balancer Labs
  • Compound Labs, Inc.
  • Badger DAO
  • Bancor
  • SushiSwap (Yearn Finance)
  • MakerDao
  • Synthetix
  • Curve Finance

Methodology

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