The global blockchain in BFSI market is expected to grow at a CAGR of around 56.8% during 2024-2033. This report on global blockchain in BFSI market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global blockchain in BFSI market by segmenting the market based on type, component, application, end user and region. Also, detailed profiles of companies operating in the blockchain in BFSI market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increase In Need for Transactions Transparency
• Greater Adoption in Cross-border Payments
Market Challenges
• Scarcity of Skilled Workforce
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Type
• Private
• Public
• Consortium
• Hybrid
Market by Component
• Platform
• Services
Market by Application
• Digital Currency
• Record Keeping
• Payments and Settlement
• Smart Contracts
• Compliance Management
• Other Applications
Market by End User
• Banking
• Insurance
• Non-Banking Financial Companies (NBFCs)
Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa