Blockchain in BFSI Market Share

  • Report ID: 3194
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Blockchain in BFSI Market Share

APAC Market Statistics

On the basis of geographical analysis, the blockchain in BFSI market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific is anticipated to account for largest revenue share by 2036, on the back of increasing number of government initiatives to promote the usage of blockchain technologies in countries, namely Japan, China and India, as a result of their high efficiency and transparency. Apart from this, growing bitcoin trade in China is another crucial factor expected to drive market growth in the region.

North America Market Analysis

Moreover, the blockchain in BFSI market in North America is anticipated to acquire the largest market share during the forecast period owing to the growing implementation of blockchain technology by banks and robust presence of leading international market players in the region.

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Author Credits:  Parul Atri


  • Report ID: 3194
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of blockchain in BFSI is evaluated at USD 7.46 billion.

Blockchain in BFSI Market size was over USD 5.54 billion in 2023 and is poised to cross USD 600.69 billion by 2036, witnessing more than 43.4% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by increasing demand for enhanced transactions in the banking and finance sector and rising venture investments in blockchain technologies.

Asia Pacific is anticipated to account for largest revenue share by 2036, on the back of increasing number of government initiatives to promote the usage of blockchain technologies in countries, namely Japan, China and India, as a result of their high efficiency and transparency.

The major players in the market are International Business Machine Corporation, Deloitte Touche Tohmatsu Limited, JPMorgan Chase & Co., Google LLC, Microsoft Corporation, and others.
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