Digital Transformation of Financial Services Sector Drives Market Growth

DUBLIN, Aug. 15, 2022 /PRNewswire/ — The “FinTech Blockchain – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.

World FinTech Blockchain Market to Attain US$8.7 Billion by the Yr 2026
Blockchain expertise is remodeling the operations in varied industries, together with the monetary companies sector. The mix of blockchain and fintech is rising as essentially the most promising expertise combine, which has the potential to rework the fintech trade. Fintech blockchain, the finance expertise software of blockchain expertise, provides options, software program, amongst varied fintech blockchain companies leveraged by companies that ship improved and automatic monetary companies.

Development within the international fintech blockchain market will be attributed to components corresponding to rising shopper demand to personal and put money into bitcoin; rising want for cheaper, faster, cross-border fee techniques; better compatibility with ecosystems within the monetary companies trade; and the escalating requirement for complete safety mechanisms. The market is prone to register fast development throughout the pandemic as varied governments set up fintech blockchain services.

Amid the COVID-19 disaster, the worldwide marketplace for FinTech Blockchain estimated at US$1.3 Billion within the yr 2022, is projected to achieve a revised measurement of US$8.7 Billion by 2026, rising at a CAGR of 44.8% over the evaluation interval.

The U.S. Market is Estimated at $451.6 Million in 2022, Whereas China is Forecast to Attain $874 Million by 2026
The FinTech Blockchain market within the U.S. is estimated at US$451.6 Million within the yr 2022. The nation at present accounts for a 32.8% share within the international market. China, the world’s second largest economic system, is forecast to achieve an estimated market measurement of US$874 Million within the yr 2026 trailing a CAGR of 52.6% by means of the evaluation interval.

Key Matters Lined:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Digital Transformation of Monetary Companies Sector Drives Market Development
High Know-how Investments in BFSI Sector: 2021
Quickly Altering FinTech Panorama Help Blockchain Adoption
Blockchain Guarantees to Enhance Transparency, Safety, Immutability & Accessibility of Methods & Processes for Monetary Companies
Transformative Influence of Blockchain Know-how within the Banking Trade
Publish Pandemic Focus of Banks on Digital Transformation to Profit Blockchain Adoption: % of Organizations Citing Precedence for 2020
Blockchain to Play a Very important Function in Facilitating Monetary Inclusion of the Unbanked
The Massive Unbanked Inhabitants and Deal with their Monetary Inclusion to Stimulate Blockchain Deployments
On-line Banking Fraud May Develop into Historical past With Blockchain
With On-line Banking Fraud Losses On the Rise, Blockchain Holds Potential to Supply Superior Safety Advantages: Cumulative World On-line Fraud (In US$ Billion) Between 2020 to 2024 by Area
Blockchain-based Funds Processing: An Energetic Space of Curiosity for Banks
Blockchain Adoption to Profit from the Rising Significance of Decentralized finance (DeFi) in Growing Economies
Decentralized Finance (DeFi) to Bridge the Big SME Financing Hole to Increase Blockchain Adoption
As FinTech Disrupts Insurance coverage Sector, Blockchain Know-how Poised for Development
Functions of Blockchain in Insurance coverage Trade
Choose Startups Reworking the Insurance coverage Trade
COVID-19 Pandemic Influence: Monetary Challenges & Digital Alternatives for Insurance coverage Trade
Pandemic Accelerates Insurance coverage Digitization, Presenting Alternatives for Blockchain Adoption
Because the Underlying Know-how of Digital Currencies, Increasing Cryptocurrency Market Presents Alternative for FinTech Blockchain
Following the Large Turnaround in 2020, the Yr 2021 Continues to Promise Development for Cryptocurrency Market
Whereas the World Economic system Struggles Amidst the COVID-19 Pandemic, Flourishing Cryptocurrency Surprises One and All
Notable Developments Shaping Publish-Pandemic Developments within the Cryptocurrency Market
Crypto Pricing Continues to Curler Coaster Experience
Central Banks Transfer into Digital Forex House
Because the Newer Breed of Blockchain-based Crypto Cash, Stablecoins Continues to Strengthen
Institutional Traders Proceed to Pour in Funds into the Cryptocurrency Market
With Cryptocurrencies Outperforming Main Asset Lessons, Institutional Curiosity Continues to Rise: % Development of Cryptocurrencies Vs Different Asset Lessons for 2020
Good Contracts: Most Promising Use Case of Distributed Ledger Know-how
Rising Function of Blockchain in Cross-Border Funds and Cash Transfers
World Cross-Border Funds Circulate (in US$ Billion) for 2019, 2021 and 2023
World Cross-Border Funds Market Breakdown by Use Case (in %) for 2020
Blockchain for Fraud Prevention: A New & Potent Weapon within the Making
Capital Markets: Blockchain to Resolve with Information Duplication, Reconciliation Errors and Settlement Delays
Main Challenges & Issues Surrounding Blockchain Adoption