Blockchain DLT in Financial is the application of DLT 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.
This report contains market size and forecasts of Blockchain in Financial in Global, including the following market information:
Global Blockchain in Financial Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Blockchain in Financial market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
IT Solution Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Blockchain in Financial include IBM, Ripple, Rubix by Deloitte, Accenture, Distributed Ledger Technologies, Oklink, Nasdaq Linq, Oracle and AWS, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Blockchain in Financial companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Blockchain in Financial Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Blockchain in Financial Market Segment Percentages, by Type, 2021 (%)
IT Solution
Fintech
Bank
Consulting
Exchange and Other
Global Blockchain in Financial Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Blockchain in Financial Market Segment Percentages, by Application, 2021 (%)
Cross-border Payment
Trade Finance
Securities Trading
Digital Currency
Identity Management
Other
Global Blockchain in Financial Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Blockchain in Financial Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Blockchain in Financial revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Blockchain in Financial revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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