Promising Growth for the FinTech Blockchain Market Due to Rising Cryptocurrency Market Cap, Says Meticulous Research®

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FinTech Blockchain Market by Provider (Middleware, Application, and Solution), Application (Payments, Clearing, and Settlement, Exchanges and Remittance, Smart Contract, Identity Management, and Compliance Management/KYC), Organization Size, Vertical, and Region - Global Forecast to 2025

Meticulous Research® – the leading global market research company published a research report titled, “FinTech Blockchain Market by Provider (Middleware, Application and Solution), End-user Sector (Banking, Non-banking Financial Services, Insurance), Application (Payments, Clearing, and Settlement, Exchanges and Remittance, Smart Contract, Identity Management, and Compliance Management/KYC), Organization Size, and Region – Global Forecast to 2025’’.

Cryptocurrency is a form of virtual currency which works as a medium of exchange. A complex algorithm of cryptography is incorporated to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Cryptocurrencies are finite entries in database that cannot be changed without fulfilling specific obligations. Cryptocurrencies transfer funds directly between two parties in a transaction, without the need of trusted third party such as a bank or credit card company. These transfers are facilitated through the use of public keys and private keys for security purposes. Bitcoin, Ethereum, Ripple, Litecoin, Dash, NEO, NEM, Monero, IOTA, and Qtum are the most common cryptocurrencies. Moreover, Bitcoin (BTC) rose 4.89% during the weekend period beginning April 2019, a move that added another $233 to its price tag. Also, the cryptocurrency is changing hands at around $5,248 according to CoinDesk’s Bitcoin Price Index. Thereby, increasing cryptocurrency market cap is expected to boost the fintech blockchain market significantly in the next few years.

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The fintech blockchain market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2025 – by provider, end-use sectors, organization size, application, and regions. The research study also incorporates key industry competitors and analyzes the market at regional as well as country level.

Based on application, the fintech blockchain market is segmented into payments, clearing, and settlement; exchanges and remittance; smart contrac; identity management; compliance management/ KYC; and others. Payments, clearing, and settlement accounted for the largest share of fintech blockchain market in 2018. The factors such as growing need to minimize the risk, increase the efficiency, and ensure clarity in payment systems are likely to propel the growth of this market segment during the forecast period. Considerable cost savings with respect to the reconciliation and settlement can be done by financial institutions and banks by integrating this technology which provides real-time payments against assets with an immutable state and digital identity.

Based on organization size, the fintech blockchain market is segmented into large enterprises and small and medium-sized enterprises. Small and medium-sized enterprises segment is expected to witness rapid growth during the forecast period, owing to easy availability and scalability of cloud-based deployments.

Asia-Pacific: The Fastest Growing Regional Market

North America commanded the largest share of the global fintech blockchain market in 2018, followed by Europe, Asia-Pacific, Middle East & Africa, and Latin America, as North America is the most advanced region in technology adoption and infrastructure. However, Asia-Pacific is the fastest growing regional market due to the growing e-commerce industry coupled with the trend of cryptocurrency and growing financial sector; government support through investments and grants; and growing investments from regional vendors in research and development activities to provide technologically advanced blockchain solutions and the adoption of venture funding.

Key Players of the FinTech Blockchain Market

The report includes an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 4 years (2016-2019). For instance, in June 2018, Maltese company Ledger Projects has signed a partnership with the Bitfury Group to build innovative blockchain solutions in Malta.

The major players operating in the global fintech blockchain market are Accenture plc (Ireland), AlphaPoint Corporation (U.S.), Amazon Web Services, Inc. (U.S.), Auxesis Group (India), Bitfury USA, Inc. (U.S.), BTL Group (Canada), Cambridge Blockchain, LLC (U.S.), Circle Internet Financial Limited (U.S.), Coinbase, Inc. (U.S.), Digital Asset Holdings LLC (U.S.), Earthport Plc (U.K), Factom, Inc. (U.S.), GuardTime AS (Estonia), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), RecordesKeeper (Gibraltar), Ripple Lab Inc. (U.S.), Symbiont.io, Inc. (U.S.), and Tradle, Inc. (U.K).

Browse in depth report: https://www.meticulousresearch.com/product/fintech-blockchain-market-5013/

Key Topics Covered in This Report:

1 Introduction
1.1 Market Definition
1.2 Scope of the Study
1.3 Market Ecosystem
1.4 Currency and Limitations
1.4.1 Currency
1.4.2 Limitations
1.5 Key Stakeholders

2 Research Methodology
2.1 Research Process
2.1.1 Secondary Research
2.1.2 Primary Research
2.1.3 Market Size Estimation
2.1.4 Assumptions

3 Executive Summary

4 Industry Trends
4.1 Types of Blockchain
4.1.1 Private Blockchain
4.1.2 Public Blockchain
4.2 Blockchain Associations, Consortiums, and Regulatory & Policy Makers
4.2.1 R3cev Blockchain Consortium
4.2.2 Financial Blockchain Shenzhen Consortium (FBSC)
4.2.3 Blockchain Collaborative Consortium (BCCC)
4.2.4 CLS Group
4.2.5 Cu Ledger
4.2.6 Hyperledger
4.2.7 Wall Street Blockchain Alliance (WSBA)
4.2.8 International Monetary Fund (IMF)
4.2.9 New York Department of Financial Services (NYDFS)
4.2.10 Financial Conduct Authority (FCA)
4.2.11 Global Payments Steering Group (GPSG)
4.3 Blockchain in Banking, Financial Services, and Insurance
4.3.1 Examples of FinTech Blockchain Across Financial Sectors

5 Market Insights
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.2.5 Trends
5.3 Regulatory Analysis
5.4 Market Share Analysis, by Key Player

6 FinTech Blockchain Market, by Provider
6.1 Introduction
6.2 Middleware Providers
6.3 Application and Solution Providers
6.4 Infrastructure and Protocol Providers

7 FinTech Blockchain Market, by End-user
7.1 Introduction
7.2 Banking
7.3 Non-Banking Financial Services
7.4 Insurance

8 FinTech Blockchain Market, by Organization Size
8.1 Introduction
8.2 Large Enterprises
8.3 Small and Medium-Sized Enterprises

9 FinTech Blockchain Market, by Application
9.1 Introduction
9.2 Payments, Clearing, and Settlement
9.3 Exchanges and Remittance
9.4 Smart Contract
9.5 Identity Management
9.6 Compliance Management/ KYC
9.7 Others (Cyber Liability, Exchanges and Remittance, Content Storage Management, etc.)

10 FinTech Blockchain Market, by Geography
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 U.K.
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia
10.4.6 Rest of APAC
10.5 Rest of World
10.5.1 Latin America
10.5.1.1 Brazil
10.5.1.2 Argentina
10.5.1.3 Rest of Latin America
10.5.2 Middle East and Africa

11 Competitive Landscape
11.1 Introduction
11.2 New Product Launches & Upgradations
11.3 Acquisition, Expansions and Mergers
11.4 Agreements, Collaborations, and Partnerships

12 Company Profiles (Business Overview, Financial Overview, Products Portfolio, Strategic Developments)
12.1 Accenture plc
12.2 AlphaPoint Corporation
12.3 Amazon Web Services, Inc.
12.4 Auxesis Group
12.5 Bitfury USA, Inc.
12.6 BTL Group
12.7 Cambridge Blockchain, LLC
12.8 Circle Internet Financial Limited,
12.9 Coinbase, Inc.
12.10 Digital Asset Holdings LLC
12.11 Earthport Plc
12.12 Factom, Inc.
12.13 GuardTime AS
12.14 IBM Corporation
12.15 Microsoft Corporation
12.16 Oracle Corporation
12.17 RecordesKeeper
12.18 Ripple Lab Inc.
12.19 Symbiont.io, Inc.
12.20 Tradle, Inc.

13 Appendix
13.1 Questionnaire

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Name: Khushal
Email: Send Email
Organization: Meticulous Market Research Pvt. Ltd.
Address: Pune, India
Phone: +91-744-7780008
Website: https://www.meticulousresearch.com/product/fintech-blockchain-market-5013/

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Name: Khushal
Email: Send Email
Organization: Meticulous Market Research Pvt. Ltd.
Address: Pune, India
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