New York, Sept. 26, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Global Blockchain Technology Market in BFSI Sector 2022-2026” report –
02 billion during 2022-2026, accelerating at a CAGR of 36.6% during the forecast period. Our report on the blockchain technology market in the BFSI sector market provides a comprehensive analysis, market size and forecast, trends, growth drivers and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increase in FinTech spending, easier access to technology and the disintermediation of banking services.
Blockchain technology market in BFSI sector market analysis includes type segment and geographical landscape.
Blockchain technology market in BFSI sector is segmented as below:
By type
• Public blockchain
• Private blockchain
• Consortium blockchain
By Geographical Landscape
• North America
• Europe
• APAC
• South America
• The Middle East and Africa
This study identifies the use of artificial intelligence (AI) as one of the main reasons to drive the blockchain technology market in the BFSI sector market growth over the next few years. Also, the growth of quantum computing and the emergence of blockchain as a service will lead to significant demand in the market.
The analyst presents a detailed picture of the market by studying, synthesizing and summarizing data from several sources by analyzing key parameters. Our report on the blockchain technology market in the BFSI sector market covers the following areas:
• Blockchain technology market in BFSI sector market size
• Blockchain Technology Market in BFSI Sector Market Forecast
• Blockchain Technology Market in BFSI Sector Market Industry Analysis
This robust vendor analysis is designed to help clients improve their market position and in line with this, this report provides a detailed analysis of several leading blockchain technology market in BFSI market vendors which include Accenture Plc, aelf, AlphaPoint Corp., Amazon. com Inc., Auxesis Services & Technologies International Ltd., Bitfury Group Ltd., Coinbase Global Inc., ConsenSys Software Inc., Deloitte Touche Tohmatsu Ltd., Digital Asset Holdings LLC, Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Inveniam Capital Partners, Marco Polo Network Operations (Ireland) Ltd., Microsoft Corp., NTT DATA Corp., Oracle Corp., Ripple Labs Inc. and Tata Consultancy Services Ltd. Also, the blockchain technology market in BFSI sector market analysis report includes information on upcoming trends and challenges that will impact market growth. This is to help companies strategize and exploit all future growth opportunities.
The study was conducted using an objective combination of primary and secondary information including input from key industry participants. The report contains a comprehensive market and supplier landscape in addition to an analysis of the key suppliers.
The analyst presents a detailed picture of the market by studying, synthesizing and summarizing data from multiple sources by analyzing key parameters such as profits, prices, competition and promotions. It presents various market facets by identifying key industry influencers. The data presented is comprehensive, reliable and the result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and in-depth vendor selection methodology and analysis using qualitative and quantitative research to accurately predict market growth.
Read the full report:
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