REPORT HIGHLIGHT
By 2020, the value of the Global Fintech Blockchain market was estimated at USD 580.9 Billion, with a growth of 68.4% CAGR during the estimated timeframe, 2021-2027.
Internet & technology has made several modifications in the finance industry's methods, players, and market. A technology incorporated with financial services is usually termed FinTech. Implementation of FinTech can help in aligning and modernizing business processes and traditional financial services. Fintech has been implemented across various banking & fiscal institutions. It caters to modern business models, including beginner currencies such as cryptocurrencies. Blockchain is a core technology in FinTech.
Bitcoin was the main focus while developing blockchain technology. Due to its special features, many organizations and users are now finding blockchain very beneficial for applications in many areas. These areas are not limited to cyber currencies. They also include finance, logistics, insurance, medicine, and also music. The growing digital transformation of the financial industry offering custom digital experiences and products is changing the landscape of financial services. Digital banking technologies such as wallets, digital banks, computerized chatbots, and blockchain technology for customer service are a few of the examples that are experiencing rising demand. These technologies improve overall operational efficiency, offer a real-time settlement, decrease processing times and the number of steps and mediators needed to achieve the same levels of confidence in traditional processes.
Market Dynamics
The notable factors such as higher compatibility with the financial services industry ecosystem, reduced cost of transactions, the emergence of crypto-currencies and Initial Currency Offering (ICO), and reduced total cost of ownership are encouraging the growth of Fintech Blockchain Market. Furthermore, growing demand for faster transactions; reduced total cost of ownership; high demand for distributed ledger technology; and adoption of technologically advanced blockchain solutions in investment banks, increasing growth in the cryptocurrency market cap, and higher compatibility with the financial industry ecosystem is fueling the growth of the fintech blockchain market.
SCOPE OF THE REPORT
The scope of this report encompasses the market by its most significant segments, which include the following:
KEY PLAYERS OF THE MARKET
- Symbiont (US)
- Guardtime (Estonia)
- Ripple (US)
- RecordesKeeper (Spain)
- Abra (US)
- Auxesis Group (India)
- BitPay (US)
- BlockCypher (US)
- Applied Blockchain (UK)
- Cambridge Blockchain (US)
- Chain (US)
- AWS (US)
- IBM (US)
- Microsoft (US)
- Bitfury (US)
- BTL Group (Canada)
- Oracle (US)
- Digital Asset Holdings (US)
- Circle (Ireland)
- Factom (US)
- AlphaPoint (US)
- Coinbase (US)
- Earthport (UK)
GLOBAL FINTECH BLOCKCHAIN MARKET - BY PROVIDER
- Application and solution providers
- Middleware providers
- Infrastructure and protocols providers
GLOBAL FINTECH BLOCKCHAIN MARKET - BY APPLICATION
- Payments, clearing, and settlement
- Exchanges and remittance
- Smart contracts
- Identity management
- Compliance management/Know Your Customer (KYC)
- Others
GLOBAL FINTECH BLOCKCHAIN MARKET - BY INDUSTRY VERTICAL
- Banking
- Non-banking financial services
- Insurance
GLOBAL FINTECH BLOCKCHAIN MARKET - BY REGION
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
Table of Contents
1. Fintech Blockchain Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet by Provider
- 2.1.2. Market Snippet by Application
- 2.1.3. Market Snippet by Region
- 2.2. Competitive Insights
3. Fintech Blockchain Market Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Fintech Blockchain Market Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Fintech Blockchain Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Fintech Blockchain Market Landscape
- 6.1. Market Share Analysis, 2019
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Fintech Blockchain Market - By Provider
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Provider, 2020 & 2027 (%)
- 7.2. Application and solution providers
- 7.3. Middleware providers
- 7.4. Infrastructure and protocols providers
- 7.5. Others
8. Fintech Blockchain Market - By Industry Verticals
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Industry Verticals, 2020 & 2027 (%)
- 8.2. Banking
- 8.3. Non-banking financial services
- 8.4. Insurance
- 8.5. Others
9. Fintech Blockchain Market - By Application
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
- 9.2. Payments, clearing, and settlement
- 9.3. Exchanges and remittance
- 9.4. Smart contracts
- 9.5. Identity management
- 9.6. Compliance management/Know Your Customer (KYC)
- 9.7. Others
10. Fintech Blockchain Market- By Geography
- 10.1. Introduction
- 10.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
- 10.2. North America
- 10.2.1. Overview
- 10.2.2. Key Manufacturers in North America
- 10.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.2.4. North America Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.2.5. North America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.2.6. U.S.
- 10.2.6.1. Overview
- 10.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.2.6.3. U.S. Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.2.6.4. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.2.7. Canada
- 10.2.7.1. Overview
- 10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 1.1.1.1. Canada Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 1.1.1.2. Canada Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3. Europe
- 10.3.1. Overview
- 10.3.2. Key Manufacturers in Europe
- 10.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.3.4. Europe Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.3.5. Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.6. Germany
- 10.3.6.1. Overview
- 10.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.6.3. Germany Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.3.6.4. Germany Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.7. Italy
- 10.3.7.1. Overview
- 10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.7.3. Italy Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.3.7.4. Italy Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.8. United Kingdom
- 10.3.8.1. Overview
- 10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.8.3. United Kingdom Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.3.8.4. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.9. France
- 10.3.9.1. Overview
- 10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.9.3. France Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.3.9.4. France Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.3.10. Rest of Europe
- 10.3.10.1. Overview
- 10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.10.3. Rest of the Europe Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.3.10.4. Rest of the Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4. Asia Pacific (APAC)
- 10.4.1. Overview
- 10.4.2. Key Manufacturers in Asia Pacific
- 10.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.4.4. Asia Pacific Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.4.5. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.6. India
- 10.4.6.1. Overview
- 10.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.6.3. India Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.4.6.4. India Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.7. China
- 10.4.7.1. Overview
- 10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.7.3. China Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.4.7.4. China Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.8. Japan
- 10.4.8.1. Overview
- 10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.8.3. Japan Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.4.8.4. Japan Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.9. South Korea
- 10.4.9.1. Overview
- 10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.9.3. South Korea Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.4.9.4. South Korea Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.4.10. Rest of APAC
- 10.4.10.1. Overview
- 10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.10.3. Rest of APAC Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.4.10.4. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5. Latin America
- 10.5.1. Overview
- 10.5.2. Key Manufacturers in Latin America
- 10.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.5.4. Latin America Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.5.5. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.6. Brazil
- 10.5.6.1. Overview
- 10.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.6.3. Brazil Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.5.6.4. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.7. Mexico
- 10.5.7.1. Overview
- 10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.7.3. Mexico Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.5.7.4. Mexico Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.8. Argentina
- 10.5.8.1. Overview
- 10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.8.3. Argentina Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.5.8.4. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.5.9. Rest of LATAM
- 10.5.9.1. Overview
- 10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.9.3. Rest of LATAM Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.5.9.4. Rest of LATAM Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.6. Middle East and Africa
- 10.6.1. Overview
- 10.6.2. Key Manufacturers in Middle East and Africa
- 10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.6.4. Middle East and Africa Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.6.5. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.6.6. Saudi Arabia
- 10.6.6.1. Overview
- 10.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.6.6.3. Saudi Arabia Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.6.6.4. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 10.6.7. United Arab Emirates
- 10.6.7.1. Overview
- 10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.6.7.3. United Arab Emirates Market Size and Forecast, By Provider, 2016 - 2027 (US$ Million)
- 10.6.7.4. United Arab Emirates Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
11. Key Vendor Analysis
- 11.1. Competitive Dashboard
- 11.2. Company Profiles
- 11.2.1. Symbiont (US)
- 11.2.2. Guardtime (Estonia)
- 11.2.3. Ripple (US)
- 11.2.4. RecordesKeeper (Spain)
- 11.2.5. Abra (US)
- 11.2.6. Auxesis Group (India)
- 11.2.7. BitPay (US)
- 11.2.8. BlockCypher (US)
- 11.2.9. Applied Blockchain (UK)
- 11.2.10. Cambridge Blockchain (US)
- 11.2.11. Chain (US)
- 11.2.12. AWS (US)
- 11.2.13. IBM (US)
- 11.2.14. Microsoft (US)
- 11.2.15. Bitfury (US)
- 11.2.16. BTL Group (Canada)
- 11.2.17. Oracle (US)
- 11.2.18. Digital Asset Holdings (US)
- 11.2.19. Circle (Ireland)
- 11.2.20. Factom (US)
- 11.2.21. AlphaPoint (US)
- 11.2.22. Coinbase (US)
- 11.2.23. Earthport (UK)
12. 360 Degree AnalystView
13. Appendix
- 13.1. Research Methodology
- 13.2. References
- 13.3. Abbreviations
- 13.4. Disclaimer
- 13.5. Contact Us