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

August 23, 2018

LONDON--(BUSINESS WIRE)--Aug 23, 2018--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.

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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 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:

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?

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

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180823005433/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE INTERNET SOFTWARE

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 08/23/2018 09:17 AM/DISC: 08/23/2018 09:17 AM

http://www.businesswire.com/news/home/20180823005433/en

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