Global Blockchain Finance Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Latest Trends
Publisher : MRA | Format : PDF
Global Blockchain Finance Sales Market Report 2024
Market Analysis and InsightsGlobal Blockchain Finance Market
Block chain finance is the application of block chain technology in the financial field. Financial services industry is the driving force of global economic development, and is also one of the most centralization industries. The asymmetric information between the two parties in the financial market leads to the failure to establish an effective credit mechanism. There are a large number of central credit intermediaries and information intermediaries in the industrial chain, which slows the efficiency of the system and increases the cost of funds. The open and no tampering properties of block chain technology provide the possibility for the centralization of the trust mechanism, and have the potential to change the financial infrastructure. All kinds of financial assets, such as equity, bond, bill, warehouse receipt and fund share, can be integrated into the block chain books, and become the digital assets of the chain, in the block chain. Store, transfer, and trade. It has a broad prospect of application in the financial field. For example, it has a typical application in cross-border payment, insurance claims, securities trading, bills and so on. Other segements include Proof of equity and exchange stock exchange，Financial audit，loyalty and rewards.
Due to the COVID-19 pandemic, the global Blockchain Finance market size is estimated to be worth US$ 15750 million in 2023 and is forecast to a readjusted size of US$ 129500 million by 2033 with a CAGR of 34.7% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, IT Solution accounting for % of the Blockchain Finance global market in 2023, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Cross-border Payment segment is altered to an % CAGR throughout this forecast period.
Global Blockchain Finance key players include IBM, Ripple, Accenture, etc. Global top three manufacturers hold a share over 55%.
North America is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, both have a share over 55 percent.
In terms of product, IT Solution is the largest segment, with a share about 60%. And in terms of application, the largest application is Cross-border Payment, followed by Trade Finance.
Global Blockchain Finance Scope and Market Size
The global Blockchain Finance market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Blockchain Finance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2033.
Segment by Type
IT Solution
FinTech
Bank
Consulting
Exchange and Other
Cross-border Payment
Trade Finance
Digital Currency
Identity Management
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
IBM
Ripple
Rubix by Deloitte
Accenture
Distributed Ledger Technologies
Oklink
Nasdaq Linq
Oracle
AWS
Citi Bank
ELayaway
HSBC
Ant Financial
JD Financial
Qihoo 360
Tecent
Baidu
Huawei
Bitspark
SAP
Block chain finance is the application of block chain technology in the financial field. Financial services industry is the driving force of global economic development, and is also one of the most centralization industries. The asymmetric information between the two parties in the financial market leads to the failure to establish an effective credit mechanism. There are a large number of central credit intermediaries and information intermediaries in the industrial chain, which slows the efficiency of the system and increases the cost of funds. The open and no tampering properties of block chain technology provide the possibility for the centralization of the trust mechanism, and have the potential to change the financial infrastructure. All kinds of financial assets, such as equity, bond, bill, warehouse receipt and fund share, can be integrated into the block chain books, and become the digital assets of the chain, in the block chain. Store, transfer, and trade. It has a broad prospect of application in the financial field. For example, it has a typical application in cross-border payment, insurance claims, securities trading, bills and so on. Other segements include Proof of equity and exchange stock exchange，Financial audit，loyalty and rewards.
Due to the COVID-19 pandemic, the global Blockchain Finance market size is estimated to be worth US$ 15750 million in 2023 and is forecast to a readjusted size of US$ 129500 million by 2033 with a CAGR of 34.7% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, IT Solution accounting for % of the Blockchain Finance global market in 2023, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Cross-border Payment segment is altered to an % CAGR throughout this forecast period.
Global Blockchain Finance key players include IBM, Ripple, Accenture, etc. Global top three manufacturers hold a share over 55%.
North America is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, both have a share over 55 percent.
In terms of product, IT Solution is the largest segment, with a share about 60%. And in terms of application, the largest application is Cross-border Payment, followed by Trade Finance.
Global Blockchain Finance Scope and Market Size
The global Blockchain Finance market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Blockchain Finance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2033.
Segment by Type
IT Solution
FinTech
Bank
Consulting
Exchange and Other
Segment by Application
Cross-border Payment
Trade Finance
Digital Currency
Identity Management
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
IBM
Ripple
Rubix by Deloitte
Accenture
Distributed Ledger Technologies
Oklink
Nasdaq Linq
Oracle
AWS
Citi Bank
ELayaway
HSBC
Ant Financial
JD Financial
Qihoo 360
Tecent
Baidu
Huawei
Bitspark
SAP
Electronic and Semiconductor
Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices