Blockchain Technology in BFSI Market Size, Share Analysis BY 2030

1. Blockchain Technology in BFSI Market Size Worth USD 70,026.4 Million by 2028 www.emergenresearch.com Increasing demand for distributed ledger technology in banks and rising adoption of blockchain technology for capital optimization are facyors driving blockchain technology in BFSI market growth. . 2

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5. Market Summary The Global Blockchain Technology In BFSI Market is forecast to reach a market size of USD 70,026.4 Million by 2028, and register a rapid CAGR, according to latest analysis by Emergen Research. Growth of the global blockchain technology in BFSI market is expected to increase significantly in terms of revenue during the forecast period due to increasing demand for distributed ledger technology in banks. Rising adoption of blockchain technology for capital optimization is also a major factor expected to further boost global blockchain technology in BFSI market growth during the forecast period. Increasing adoption of blockchain technology for cross-border payments is expected to further support growth in market size in future. However, high investment to implement blockchain technology is expected to restrain adoption, and in turn, impact growth of the global blockchain technology in BFSI market growth to a certain extent during the forecast period. Read More : https://www.emergenresearch.com/industry-report/blockchain-technology-in-bfsi-market www.emergenresearch.com

6. Market Summary Key Highlights of Report Public blockchain segment is expected to lead in terms of revenue expansion at a CAGR of 75.3% during the forecast period. This high growth rate can be attributed to increasing application of public blockchain type applications such as Ethereum and Bitcoin. Platform segment is projected to account for largest market share over the forecast period due to increasing adoption of cloud technology and blockchain software. Request Free Sample : https://www.emergenresearch.com/request-sample/488 In terms of revenue contribution to the global blockchain technology in BFSI market, the smart contract segment is projected to lead during the forecast period as a result of increasing demand for self-executing contracts in the banking sector. North America market is projected to account for the highest revenue share among other regional markets over the forecast period due to increasing application of blockchain technology by banks and insurance companies in countries in the region to provide enhanced customer service and experience. Key market participants include Microsoft Corporation, Amazon Web Services, Inc., International Business Machines Corporation, SAP SE, Oracle Corporation, Infosys Limited, Bitfury Group Limited, Auxesis Group, AlphaPoint Corporation, and Hewlett Packard Enterprise Development LP. www.emergenresearch.com

7. Market Summary Emergen Research has segmented the global blockchain technology in BFSI market on the basis of type, component, application, end-use, and region. Type Outlook (Revenue, USD Million; 2021–2028) Consortium blockchain Private blockchain Hybrid blockchain Public blockchain Component Outlook (Revenue, USD Million; 2021–2028) Services Platforms Application Outlook (Revenue, USD Million; 2021–2028) Record keeping Compliance management Smart contract Digital currency Payment Others Request customization of the report @ https://www.emergenresearch.com/request-for-customization/488

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9. Regional Share Dynamics www.emergenresearch.com

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