The global blockchain technology in BFSI market is forecast to reach a market size of USD 70,026.4 Million by 2028, and register a rapid CAGR, according to latest analysis by Emergen Research. Growth of the global blockchain technology in BFSI market is expected to increase significantly in terms of revenue during the forecast period due to increasing demand for distributed ledger technology in banks. Rising adoption of blockchain technology for capital optimization is also a major factor expected to further boost global blockchain technology in BFSI market growth during the forecast period. Increasing adoption of blockchain technology for cross-border payments is expected to further support growth in market size in future.
The report offers insightful information about the market dynamics of the Blockchain Technology in BFSI market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Blockchain Technology in BFSI market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Blockchain Technology in BFSI market. It puts examines drivers and restraints of the Blockchain Technology in BFSI market and analyzes their impact on the industry throughout the forecast period.
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Key Players operating in the industry are:
Microsoft Corporation, Amazon Web Services, Inc., International Business Machines Corporation, SAP SE, Oracle Corporation, Infosys Limited, Bitfury Group Limited, Auxesis Group, AlphaPoint Corporation, Hewlett Packard Enterprise Development , LP
Radical Features of the Blockchain Technology in BFSI Market Report:
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Segmentation:
Regional Analysis Covers:
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