Key Findings
The Asia-Pacific fintech blockchain market is expected to grow with a 41.83% CAGR during the forecast period, 2022-2032. The market growth is driven by the increase in the overall investments in blockchain technology solutions to change the business processes in the finance industry.
Market Insights
The Asia-Pacific fintech blockchain market growth assessment entails the evaluation of Japan, China, South Korea, Australia, India, and Rest of Asia-Pacific. South Korean banks are heavily investing in blockchain startups to develop and promote the adoption of blockchain technology. For instance, in 2018, the Ministry of Science and ICT of South Korea announced a ’Blockchain Technology Development’ strategy with an investment of over $200 million for developing blockchain technology.
On the other hand, the Australia fintech blockchain market is mainly driven owing to the adoption of blockchain technology by the banking and finance sector along with strategic initiatives by government and private firms towards the development and adoption of blockchain technology, supplementing the growth of the fintech blockchain market in Australia. Growing innovation in the country towards adopting blockchains, such as in payments, loans, digital wallets, post-trade clearances and cross-border remittances.
Competitive Insights
Some of the market players include Microsoft Corporation, Auxesis Group, Amazon Web Services (AWS), Accenture, etc.
Our report offerings include:
The Asia-Pacific fintech blockchain market is expected to grow with a 41.83% CAGR during the forecast period, 2022-2032. The market growth is driven by the increase in the overall investments in blockchain technology solutions to change the business processes in the finance industry.
Market Insights
The Asia-Pacific fintech blockchain market growth assessment entails the evaluation of Japan, China, South Korea, Australia, India, and Rest of Asia-Pacific. South Korean banks are heavily investing in blockchain startups to develop and promote the adoption of blockchain technology. For instance, in 2018, the Ministry of Science and ICT of South Korea announced a ’Blockchain Technology Development’ strategy with an investment of over $200 million for developing blockchain technology.
On the other hand, the Australia fintech blockchain market is mainly driven owing to the adoption of blockchain technology by the banking and finance sector along with strategic initiatives by government and private firms towards the development and adoption of blockchain technology, supplementing the growth of the fintech blockchain market in Australia. Growing innovation in the country towards adopting blockchains, such as in payments, loans, digital wallets, post-trade clearances and cross-border remittances.
Competitive Insights
Some of the market players include Microsoft Corporation, Auxesis Group, Amazon Web Services (AWS), Accenture, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments