SAN FRANCISCO, Sept. 1, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “FinTech Blockchain – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
Global FinTech Blockchain Market FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 654
Companies: 34 – Players covered include Abra; Alphapoint; Applied Blockchain; Auxesis Group; AWS; Bitfury; Bitpay; Blockchain Advisory Mauritius Foundation; Blockcypher; BTL Group; Cambridge Blockchain; Chain; Circle; Coinbase; Digital Asset Holdings; Earthport; Factom; Guardtime; IBM; Microsoft; Oracle; Recordskeeper; Ripple; Symboint; Tradle and Others.
Coverage: All major geographies and key segments
Segments: Organization Size (Large Enterprises, SMEs); Application (Payments, Clearing & Settlement, Exchanges & Remittance, Smart Contracts, Identity Management, Compliance Management / Know Your Customer, Other Applications); End-Use (Application & Solution Providers, Middleware Providers, Infrastructure & Protocols Providers)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global FinTech Blockchain Market to Reach $23.9 Billion by 2026
Amid the COVID-19 crisis, the global market for FinTech Blockchain estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$23.9 Billion by 2026, growing at a CAGR of 62.9% over the analysis period. Large Enterprises, one of the segments analyzed in the report, is projected to record a 62% CAGR and reach US$26.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the SMEs segment is readjusted to a revised 65.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $548.6 Million in 2021, While China is Forecast to Reach $6.3 Billion by 2026
The FinTech Blockchain market in the U.S. is estimated at US$548.6 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.3 Billion by the year 2026 trailing a CAGR of 73.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 51.1% and 58.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 54.4% CAGR. More
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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
SOURCE Global Industry Analysts, Inc.
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