Blockchain Technology Market in BFSI Sector Market to grow by USD 4.02 Bn by 2026, Increase In FinTech Spending to Boost Growth - Technavio

NEW YORK, Oct. 10, 2022 /PRNewswire/ -- The blockchain technology market in the BFSI sector market is expected to grow by USD 4.02 bn during 2021-2026, at a CAGR of 36.6% during the forecast period, according to Technavio. The increase in FinTech spending, easier access to technology, and disintermediation of banking services will offer immense growth opportunities.

However, trust deficit in blockchain technology for financial transactions, challenges associated with system configuration, and network privacy and security concerns will challenge the growth of the market participants.

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Free Sample Report.

Technavio categorizes the Blockchain Technology Market In BFSI Sector Market as a part of the global application software market within the global information technology market. External factors influencing the parent market's growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the Blockchain Technology Market In the BFSI Sector Market throughout the forecast period, Download a free sample.

The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the Blockchain Technology Market In the BFSI Sector Market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service

To unlock information about vendor drive costs and customer service, Buy Sample Report.

• Type 
• Public Blockchain
• Private Blockchain
• Consortium Blockchain
• Geography 
• North America
• Europe
• APAC
• South America
• The Middle East And Africa

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our blockchain technology market in the BFSI sector market report covers the following areas:

• Blockchain Technology Market in BFSI Sector Market size
• Blockchain Technology Market in BFSI Sector Market trends
• Blockchain Technology Market in BFSI Sector Market industry analysis

This study identifies the advent of artificial intelligence (AI) as one of the prime reasons driving the blockchain technology market in the BFSI sector market growth during the next few years. Download Free Sample Report.

We provide a detailed analysis of around 25 vendors operating in the Blockchain Technology Market in BFSI Sector Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Blockchain Technology Market in BFSI Sector Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Public blockchain - Market size and forecast 2021-2026
• Exhibit 28: Chart on Public blockchain - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Public blockchain - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Public blockchain - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Public blockchain - Year-over-year growth 2021-2026 (%)

• 5.4 Private blockchain - Market size and forecast 2021-2026
• Exhibit 32: Chart on Private blockchain - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Private blockchain - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Private blockchain - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Private blockchain - Year-over-year growth 2021-2026 (%)

• 5.5 Consortium blockchain - Market size and forecast 2021-2026
• Exhibit 36: Chart on Consortium blockchain - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Consortium blockchain - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Consortium blockchain - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Consortium blockchain - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Canada - Market size and forecast 2021-2026
• Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Accenture Plc
• Exhibit 93: Accenture Plc - Overview
• Exhibit 94: Accenture Plc - Business segments
• Exhibit 95: Accenture Plc - Key news
• Exhibit 96: Accenture Plc - Key offerings
• Exhibit 97: Accenture Plc - Segment focus

• 10.4 AlphaPoint Corp.
• Exhibit 98: AlphaPoint Corp. - Overview
• Exhibit 99: AlphaPoint Corp. - Product / Service
• Exhibit 100: AlphaPoint Corp. - Key offerings

• 10.5 Amazon.com Inc.
• Exhibit 101: Amazon.com Inc. - Overview
• Exhibit 102: Amazon.com Inc. - Business segments
• Exhibit 103: Amazon.com Inc. - Key news
• Exhibit 104: Amazon.com Inc. - Key offerings
• Exhibit 105: Amazon.com Inc. - Segment focus

• 10.6 Bitfury Group Ltd.
• Exhibit 106: Bitfury Group Ltd. - Overview
• Exhibit 107: Bitfury Group Ltd. - Product / Service
• Exhibit 108: Bitfury Group Ltd. - Key offerings

• 10.7 Hewlett Packard Enterprise Co.
• Exhibit 109: Hewlett Packard Enterprise Co. - Overview
• Exhibit 110: Hewlett Packard Enterprise Co. - Business segments
• Exhibit 111: Hewlett Packard Enterprise Co. - Key news
• Exhibit 112: Hewlett Packard Enterprise Co. - Key offerings
• Exhibit 113: Hewlett Packard Enterprise Co. - Segment focus

• 10.8 Infosys Ltd.
• Exhibit 114: Infosys Ltd. - Overview
• Exhibit 115: Infosys Ltd. - Business segments
• Exhibit 116: Infosys Ltd. - Key news
• Exhibit 117: Infosys Ltd. - Key offerings
• Exhibit 118: Infosys Ltd. - Segment focus

• 10.9 International Business Machines Corp.
• Exhibit 119: International Business Machines Corp. - Overview
• Exhibit 120: International Business Machines Corp. - Business segments
• Exhibit 121: International Business Machines Corp. - Key offerings
• Exhibit 122: International Business Machines Corp. - Segment focus

• 10.10 Microsoft Corp
• Exhibit 123: Microsoft Corp - Overview
• Exhibit 124: Microsoft Corp - Business segments
• Exhibit 125: Microsoft Corp - Key news
• Exhibit 126: Microsoft Corp - Key offerings
• Exhibit 127: Microsoft Corp - Segment focus

• 10.11 Oracle Corp.
• Exhibit 128: Oracle Corp. - Overview
• Exhibit 129: Oracle Corp. - Business segments
• Exhibit 130: Oracle Corp. - Key news
• Exhibit 131: Oracle Corp. - Key offerings
• Exhibit 132: Oracle Corp. - Segment focus

• 10.12 Tata Consultancy Services Ltd.
• Exhibit 133: Tata Consultancy Services Ltd. - Overview
• Exhibit 134: Tata Consultancy Services Ltd. - Business segments
• Exhibit 135: Tata Consultancy Services Ltd. - Key news
• Exhibit 136: Tata Consultancy Services Ltd. - Key offerings
• Exhibit 137: Tata Consultancy Services Ltd. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 138: Inclusions checklist
• Exhibit 139: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 140: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 141: Research methodology
• Exhibit 142: Validation techniques employed for market sizing
• Exhibit 143: Information sources

• 11.5 List of abbreviations
• Exhibit 144: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio