Blockchain technology in BFSI market is booming worldwide with Microsoft, Bitfury Group, Nagarro

Blockchain technology in BFSI

Stay up-to-date with Global Blockchain Technology in BFSI Market Research offered by HTF MI.

PUNE, MAHARASHTRA, INDIA, April 11, 2023 /EINPresswire.com/ — The latest released Blockchain Technology in BFSI Market study has evaluated the future growth potential of Blockchain Technology in BFSI market and provides information and useful statistics on market structure and size. The report is intended to provide market intelligence and strategic insight to help decision makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyzes changing dynamics and emerging trends along with key drivers, challenges, opportunities and restraints in the Blockchain Technology in BFSI market. The study includes market share analysis and profiles of players such as Microsoft Corporation (US), IBM Corporation (US), Amazon Web Services, Inc. (US), SAP SE (Germany), Oracle Corporation (US), Infosys Limited (India), Bitfury Group Limited (USA), Auxesis Group (India), AlphaPoint Corporation (USA), Q3 Technologies, Inc. (USA), Nagarro (India), A3logics (USA), Appinventiv (USA) India).

If you are a Blockchain technology in BFSI producer and want to check or understand the policy and regulatory proposals, design clear explanations of the stakes, potential winners and losers, and options for improvement, then this article will help you understand the pattern of Impacting Trends. Click to get SAMPLE PDF (including full table of contents, table and figures) https://www.htfmarketintelligence.com/sample-report/global-blockchain-technology-in-bfsi-market

Definition:
Blockchain technology has a wide range of applications in the banking, finance and insurance (BFSI) sector. This technology enables secure and transparent transactions, and it can help reduce costs, increase efficiency and improve the customer experience. One of the most important applications of blockchain in BFSI is payments and remittances. Blockchain-based payment systems can provide faster, cheaper and more secure transactions compared to traditional payment systems. This technology also allows peer-to-peer payments without the need for intermediaries, reducing transaction fees and processing times. Another application of blockchain technology in BFSI is in trade finance. Blockchain-based platforms can automate trade finance processes, including issuing letters of credit, invoice processing and supply chain finance. This can help reduce paperwork, improve transparency and reduce the risk of trade finance fraud.

Revenue and Sales Estimation — Historical revenue and sales volume are presented and additional data triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast figures for key regions covered in the report along with classified and well-recognized Types and end-use industries.

SWOT Analysis on Blockchain Technology in BFSI Players
In addition to market share analysis of players, in-depth profiling, product/service and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.

Demand from top-tier companies and government agencies is expected to increase as they seek more information about the latest scenario. Check the demand determinants section for more information.

Regulation analysis
• Local system and other regulation: Regional variations in laws for use of blockchain technology in BFSI
• Regulation and its implications
• Other compliance

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FIVE CANCER AND SUPPORTS ANALYSIS:

In order to better understand the market conditions, an analysis of five forces is carried out which includes buyers’ bargaining power, suppliers’ bargaining power, threat of new entrants, threat of substitutes and threat of rivalry.

• Political (political policy and stability as well as trade, tax and fiscal policy)
• Economic (interest rates, employment or unemployment, raw material costs and exchange rates)
• Social (change in family demographics, level of education, cultural trends, changes in attitudes and changes in lifestyle)
• Technological (changes in digital or mobile technology, automation, research and development)
• Legal (employment law, consumer law, health and safety, international as well as trade regulation and restrictions)
• Environmental (climate, recycling procedures, carbon footprint, waste management and sustainability)

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Heat map analysis, 3-year financials and detailed company profiles of key and emerging players: Microsoft Corporation (US), IBM Corporation (US), Amazon Web Services, Inc. (US), SAP SE (Germany), Oracle Corporation (US), Infosys Limited (India), Bitfury Group Limited (USA), Auxesis Group (India), AlphaPoint Corporation (USA), Q3 Technologies, Inc. (USA), Nagarro (India), A3logics (USA) USA), Appinventiv (India) .

Geographically, the following regions along with the listed national/local markets are fully explored:
• APAC (Japan, China, South Korea, Australia, India and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam and Sri Lanka)
• Europe (Germany, United Kingdom, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary and Romania )
• North America (USA, Canada and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Some Excerpts from Blockchain Technology in BFSI Market Study Table of Contents

Blockchain Technology in BFSI Market Size (Sales) Market Share by Type (Product Category) [Public Blockchain, Private Blockchains, Hybrid Blockchains, Other] in 2023
Blockchain Technology in BFSI Market by Application/End Users [Asset Management, Payments and Remittances, Trade Finance, Compliance, Others]
Global Blockchain Technology in BFSI Sales and Growth Rate (2019-2029)
Blockchain Technology in BFSI Competition by Players/Vendors, Region, Type and Application
Blockchain technology in the BFSI table (volume, value and sales price) defined for each defined geographic region.
Supply chain, purchasing strategy and downstream buyers, industrial chain analysis
……..and see more in the full table of contents

Check out the full details os Report @ https://www.htfmarketintelligence.com/report/global-blockchain-technology-in-bfsi-market

Thank you for reading this article; you can also get individual chapter-wise parts or region-wise reports such as Balkans, China-based, North America, Europe or Southeast Asia.

Craig Francis
HTF Market Intelligence Consulting Pvt Ltd
+ 1 434-322-0091
[email protected]
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