Market Overview

Global Blockchain Technology Market in the BFSI Sector 2018-2022 | Public Blockchain Segment Dominates the Global Market| Technavio

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According to the latest market research report released by Technavio,
the global blockchain technology market in the BFSI Sector is expected
to accelerate at a CAGR of close to 63% during the forecast period.
Increasing digital transformation is one of the key factors triggering
the growth of the market.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180823005433/en/

Technavio has published a new market research report on the global blockchain technology market in B ...

Technavio has published a new market research report on the global blockchain technology market in BFSI sector from 2018-2022. (Graphic: Business Wire)

This research report titled ‘Global
Blockchain Technology Market in the BFSI Sector'
provides
an in-depth analysis of the market in terms of revenue and emerging
market trends. It also includes an up-to-date analysis and forecasts for
various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

The market research analysis categorizes the global blockchain
technology market in the BFSI sector into the following products:

  • Public blockchain
  • Private blockchain
  • Consortium blockchain

In 2017, the public blockchain segment accounted for 43% of the global
market and is projected to reach 46% by 2022, exhibiting close to 3%
increase in market share.

Global blockchain technology market in the BFSI Sector: Top emerging
trend

Increasing use of analytics with blockchain technology is an emerging
trend in the enterprise application space. Analytics solutions help in
the efficient trading of cryptocurrency by tracking the status and
records of online transactions. Real-time data analytics tools
implemented in blockchain technology enable bitcoin traders to reduce
online thefts and security breaches. Information can be easily retrieved
through advanced analytical tools modified in blockchain databases.
Analytics is always helpful in online transactions carried out in the
financial services industry. Analytics tools can convert large volumes
of unstructured data into structured, meaningful insights that can be
used by cryptocurrency traders and stakeholders.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

Technavio's report provides expert market research on the following
topics:

Executive Report

  • Market Outline
  • Global blockchain technology market in the BFSI Sector Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries
  • Market segmentation by product (public blockchain, private blockchain,
    and consortium blockchain)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (IBM, Microsoft, and Amazon)

About Technavio

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is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
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