Global Blockchain Technology Market in BFSI Sector (2018-2022) Forecast to Grow at a CAGR of 62.78% with IBM, Microsoft and Amazon Dominating - ResearchAndMarkets.com

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The "Global Blockchain Technology Market in BFSI Sector 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global blockchain technology market in BFSI sector to grow at a CAGR of 62.78% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is growth of BaaS. BaaS is a cloud computing solution that provides a platform to manage distributed ledger systems. Ethereum BaaS (EBaaS), developed by Microsoft and ConsenSys, provides cloud-based blockchain developer environment. The EBaaS solution can be implemented through the Microsoft Azure cloud computing platform to manage and develop blockchain applications.

According to the report, one driver in the market is increasing government investments in blockchain technology. The increasing investments in blockchain technology by various governments across the world is a major factor driving the growth of the global blockchain technology market in BFSI sector. Countries such as the UK, Canada, Russia, and China are experimenting by placing their national currencies on the blockchain.

One of the major factors hindering the growth of the global blockchain technology market in BFSI sector is the lack of trust in the blockchain technology.

Key Vendors

  • IBM
  • Microsoft
  • Amazon

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation by Product Type

Part 08: Customer Landscape

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers and Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/tnq2m5/global_blockchain?w=4

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Business Wire: 20:18 GMT Wednesday 14th February 2018

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