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FinTech Blockchain Market by Provider, Application (Payments, Clearing, and Settlement, Exchanges and Remittance, Smart Contract, Identity Management, and Compliance Management/KYC), Organization Size, Vertical, and Region - Global Forecast to 2023

FinTech Blockchain Market by Provider, Application (Payments, Clearing, and Settlement, Exchanges and Remittance, Smart Contract, Identity Management, and Compliance Management/KYC), Organization Size, Vertical, and Region - Global Forecast to 2023

High compatibility with financial services ecosystems and the rising cryptocurrencies market cap and ICO and faster transaction are expected to boost the growth of FinTech blockchain market.
The global FinTech blockchain market size is expected to grow from USD 370.3 million in 2018 to USD 6,228.2 million by 2023, at a Compound Annual Growth Rate (CAGR) of 75.9% during the forecast period. The demand for the distributed ledger technology, reduced total cost of ownership, the rising cryptocurrencies market cap and initial coin offerings, transparency and immutability, and faster transactions are said to fuel the market growth. The blockchain technology can set rules for transactions and enables smart contracts; real-time settlements; triple-entry accounting; and consensus to create ownership of virtual currencies and securities, leading to higher compatibility with the financial services industry ecosystem. However, uncertain regulatory standards and frameworks, and lack of blockchain applications and use cases would restrain the market growth during the forecast period.

Payments, clearing, and settlement segment is expected to account for the largest market size during the forecast period.
The blockchain is a peer-to-peer technology with nodes supporting the ledger and the mining process and enables connectivity, which significantly transforms the payment industry. The integration of this technology provides real-time payments against assets with an immutable state and digital identity, resulting in substantial cost savings with respect to the reconciliation and settlement for several financial institutions and banks. In addition, blockchain automates the payment processing activities, eliminates the need for intermediaries, and reduces the administrative costs and time for providers and payers. All these factors are expected to fuel the overall growth of this segment in the FinTech blockchain market.

APAC is projected to show the highest growth rate during the forecast period.
The FinTech blockchain market growth in Asia Pacific (APAC) region is gaining momentum and is expected to show the highest growth rate in the coming years. Vendors in the region have been adopting venture funding strategies and are investing in R&D activities to provide technologically advanced blockchain solutions. In addition, major economies in APAC, such as China, India, Australia, and New Zealand, are investing into blockchain-based solutions to innovate the traditional business processes and enhance the performance. The region has increased the adoption of such solutions across banking, as well as non-banking financial services.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The break-up of the profiles of the primary participants is given below:
By Company: Tier 1: 15%, Tier 2: 32%, and Tier 3: 53%
By Designation: C-level: 38%, Director level: 30%, and Others: 32%
By Region: North America: 38%, Europe: 32%, APAC: 20%, and RoW: 10%

The following key vendors are profiled in the report:
1. AWS (US)
2. IBM (US)
3. Microsoft (US)
4. Ripple (US)
5. Chain (US)
6. Earthport (UK)
7. Bitfury (US)
8. BTL Group (Canada)
9. Oracle (US)
10. Digital Asset Holdings (US)
11. Circle (Ireland)
12. Factom (US)
13. AlphaPoint (US)
14. Coinbase (US)
15. Abra (US)
16. Auxesis Group (India)
17. BitPay (US)
18. BlockCypher (US)
19. Applied Blockchain (UK)
20. RecordesKeeper (Spain)
21. Symbiont (US)
22. Guardtime (Estonia)
23. Cambridge Blockchain (US)
24. Tradle (US)
25. Blockchain Advisory Mauritius Foundation (Mauritius)

Research Coverage
The report segments the FinTech blockchain market based on provider into application and solution providers, middleware providers, and infrastructure and protocols providers. Based on organization size, the market has been segmented into large enterprises and Small and Medium-sized Enterprises (SMEs). Furthermore, verticals are categorized into banking, non-banking financial services, and insurance. On the basis of application, the market is segmented into payments, clearing, and settlement; exchanges and remittance; smart contracts; identity management, and compliance management/Know Your Customer (KYC). The regions have been segmented into North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.

Reasons to buy the report
The report would help leaders/new entrants in this market in the following ways:
1. This report segments the FinTech blockchain market comprehensively and provides the closest approximations of the revenue numbers for the overall market and subsegments across different industry verticals and regions.
2. The report helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders better understand competitors and gain more insights to enhance their position in the business. The competitive landscape section includes new product launches/developments; partnerships and collaborations; mergers and acquisitions; and expansions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table FINTECH BLOCKCHAIN MARKET SIZE AND GROWTH RATE, 2016–2023 (USD MILLION, Y-O-Y %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE FINTECH BLOCKCHAIN MARKET
    • FINTECH BLOCKCHAIN MARKET, BY PROVIDER
    • FINTECH BLOCKCHAIN MARKET, BY APPLICATION
    • FINTECH BLOCKCHAIN MARKET, BY ORGANIZATION SIZE
    • FINTECH BLOCKCHAIN MARKET, BY REGION
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • INDUSTRY TRENDS
      • TYPES OF BLOCKCHAIN TECHNOLOGY
      • BLOCKCHAIN ASSOCIATIONS, REGULATORY AND POLICY MAKERS, AND CONSORTIUMS
      • BLOCKCHAIN IN BANKING, FINANCIAL SERVICES, AND INSURANCE
    • MARKET EVOLUTION
  • FINTECH BLOCKCHAIN MARKET, BY PROVIDER
    • INTRODUCTION
      • Table FINTECH BLOCKCHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
    • APPLICATION AND SOLUTION PROVIDERS
      • Table APPLICATION AND SOLUTION PROVIDERS: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • MIDDLEWARE PROVIDERS
      • Table MIDDLEWARE PROVIDERS: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • INFRASTRUCTURE AND PROTOCOL PROVIDERS
      • Table INFRASTRUCTURE AND PROTOCOL PROVIDERS: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • FINTECH BLOCKCHAIN MARKET, BY APPLICATION
    • INTRODUCTION
      • Table FINTECH BLOCKCHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • PAYMENTS, CLEARING, AND SETTLEMENT
      • Table PAYMENTS, CLEARING, AND SETTLEMENT: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • EXCHANGES AND REMITTANCE
      • Table EXCHANGES AND REMITTANCE: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SMART CONTRACT
      • Table SMART CONTRACT: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • IDENTITY MANAGEMENT
      • Table IDENTITY MANAGEMENT: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • COMPLIANCE MANAGEMENT/ KYC
      • Table COMPLIANCE MANAGEMENT/KYC: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • FINTECH BLOCKCHAIN MARKET, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table FINTECH BLOCKCHAIN MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
    • LARGE ENTERPRISES
      • Table LARGE ENTERPRISES: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISES
      • Table SMALL MEDIUM-SIZED ENTERPRISES: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • FINTECH BLOCKCHAIN MARKET, BY VERTICAL
    • INTRODUCTION
      • Table FINTECH BLOCKCHAIN MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
    • BANKING
      • Table BANKING: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • NON-BANKING FINANCIAL SERVICES
      • Table NON-BANKING FINANCIAL SERVICES: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • INSURANCE
      • Table INSURANCE: FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • FINTECH BLOCKCHAIN MARKET, BY REGION
    • INTRODUCTION
      • Table FINTECH BLOCKCHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • BY PROVIDER
        • Table NORTH AMERICA: FINTECH BLOCKCHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table NORTH AMERICA: FINTECH BLOCKCHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY ORGANIZATION SIZE
        • Table NORTH AMERICA: FINTECH BLOCKCHAIN MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • BY VERTICAL
        • Table NORTH AMERICA: FINTECH BLOCKCHAIN MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: FINTECH BLOCKCHAIN MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
    • EUROPE
      • BY PROVIDER
        • Table EUROPE: FINTECH BLOCKCHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table EUROPE: FINTECH BLOCKCHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY ORGANIZATION SIZE
        • Table EUROPE: FINTECH BLOCKCHAIN MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • BY VERTICAL
        • Table EUROPE: FINTECH BLOCKCHAIN MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: FINTECH BLOCKCHAIN MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
    • APAC
      • BY PROVIDER
        • Table ASIA PACIFIC: FINTECH BLOCKCHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table APAC: FINTECH BLOCKCHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY ORGANIZATION SIZE
        • Table APAC: FINTECH BLOCKCHAIN MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • BY VERTICAL
        • Table APAC: FINTECH BLOCKCHAIN MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table APAC: FINTECH BLOCKCHAIN MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
    • LATIN AMERICA
      • BY PROVIDER
        • Table LATIN AMERICA: FINTECH BLOCKCHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table LATIN AMERICA: FINTECH BLOCKCHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY ORGANIZATION SIZE
        • Table LATIN AMERICA: FINTECH BLOCKCHAIN MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • BY VERTICAL
        • Table LATIN AMERICA: FINTECH BLOCKCHAIN MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table LATIN AMERICA: FINTECH BLOCKCHAIN MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • BY PROVIDER
        • Table MIDDLE EAST AND AFRICA: FINTECH BLOCKCHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table MIDDLE EAST AND AFRICA: FINTECH BLOCKCHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY ORGANIZATION SIZE
        • Table MIDDLE EAST AND AFRICA: FINTECH BLOCKCHAIN MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • BY VERTICAL
        • Table MIDDLE EAST AND AFRICA: FINTECH BLOCKCHAIN MARKET SIZE, BY VERTICAL, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST AND AFRICA: FINTECH BLOCKCHAIN MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • PROMINENT PLAYERS IN THE GLOBAL FINTECH BLOCKCHAIN MARKET
    • COMPETITIVE SITUATIONS AND TRENDS
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2017–2018
      • NEW PRODUCT LAUNCHES/PRODUCT UPGRADATIONS
        • Table NEW PRODUCT LAUNCHES AND PRODUCT UPGRADATIONS, 2016–2018
      • EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2015–2016
      • VENTURE FUNDING
        • Table VENTURE FUNDING, 2015–2018
  • COMPANY PROFILES
    • AWS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • IBM
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MICROSOFT
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • RIPPLE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • CHAIN
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • EARTHPORT
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BITFURY
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BTL GROUP
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ORACLE
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • DIGITAL ASSET HOLDINGS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CIRCLE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • FACTOM
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ALPHAPOINT
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • COINBASE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • ABRA
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • AUXESIS GROUP
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • MNM VIEW
    • BITPAY
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • BLOCKCYPHER
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • APPLIED BLOCKCHAIN
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
    • RECORDSKEEPER
      • BUSINESS OVERVIEW
      • SOLUTION OFFERED
    • SYMBOINT
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • GUARDTIME
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • CAMBRIDGE BLOCKCHAIN
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • TRADLE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • BLOCKCHAIN ADVISORY MAURITIUS FOUNDATION
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATION
    • RELATED REPORTS
    • AUTHOR DETAILS

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