Blockchain in Banking Market Outlook from 2024 to 2034

In 2024, the global blockchain in banking market was valued at approximately USD 5.1 billion, reflecting a CAGR of around 16.1% through 2034. It is slated to surpass USD 22.6 billion by the end of 2034.

The blockchain in banking market is experiencing a significant transformation as financial institutions increasingly adopt this technology to enhance security, transparency, and efficiency in their operations. The decentralized nature of blockchain provides an immutable ledger, which is crucial in preventing fraud and ensuring the integrity of transactions.

Banks are leveraging blockchain to streamline processes such as cross-border payments, trade finance, and identity verification. This technology's ability to reduce operational costs while increasing transaction speed and accuracy is driving its adoption in the banking sector.

One of the primary drivers of blockchain adoption in banking is the demand for enhanced security and reduced fraud risk. Traditional banking systems are vulnerable to cyberattacks and fraud due to centralized databases that can be exploited.

Blockchain's decentralized and cryptographic features provide a robust defense against these threats, making it an attractive option for banks looking to bolster their cybersecurity measures. Additionally, blockchain enables real-time transaction monitoring and verification, reducing the likelihood of fraudulent activities and ensuring compliance with regulatory requirements.

The impact of blockchain on cross-border payments is particularly noteworthy. Traditional cross-border transactions can be slow, costly, and opaque, often taking several days to process due to the involvement of multiple intermediaries.

Blockchain technology simplifies this process by enabling direct, peer-to-peer transfers, significantly reducing transaction times and costs. Key banks and financial institutions are exploring and implementing blockchain-based solutions to improve the efficiency and transparency of international payments, thus enhancing customer satisfaction and operational efficiency.

The adoption of blockchain in banking, however, is not without challenges. Regulatory uncertainty and the lack of standardization across different jurisdictions pose significant barriers. Financial institutions must navigate a complex regulatory landscape to ensure compliance while integrating blockchain into their operations.

The technology is still evolving, and scalability remains a concern. Despite these challenges, the potential benefits of blockchain in terms of cost savings, improved security, and operational efficiency are compelling enough to drive continued investment and experimentation in the banking sector.

As the technology matures and regulatory frameworks become clearer, the adoption of blockchain in banking is expected to accelerate, transforming the industry in profound ways.

Attributes Description
Estimated Global Blockchain In Banking Market Size (2024E) USD 5.1 billion
Projected Global Blockchain In Banking Market Value (2034F) USD 22.6 billion
Value-based CAGR (2024 to 2034) 16.1%

Critical Restraints Affecting the Blockchain in Banking Market

The blockchain in banking market, despite its promising potential, faces several critical restraints that could hinder its widespread adoption. One of the foremost challenges is regulatory uncertainty. Banking is a heavily regulated industry, and the integration of blockchain technology requires compliance with a myriad of local and international regulations.

The lack of a unified regulatory framework for blockchain creates ambiguity, making banks hesitant to fully adopt the technology. This regulatory vacuum can lead to compliance risks and potential legal repercussions, which are significant deterrents for financial institutions.

Another major restraint is the issue of scalability. While blockchain offers enhanced security and transparency, current blockchain networks often struggle to quickly process high volumes of transactions.

The decentralized nature of blockchain, one of its strengths, also results in slower transaction speeds than traditional centralized systems. This limitation poses a significant challenge for banks that process millions of transactions daily and require a system that can handle large-scale operations efficiently. Until blockchain technology can scale to meet these demands, its application in the banking sector will be limited.

Interoperability is also a critical concern affecting the adoption of blockchain in banking. Different blockchain platforms use varied protocols, leading to compatibility issues. For banks to fully leverage blockchain, seamless integration with existing banking systems and interoperability between different blockchain networks are essential.

The lack of standardization across blockchain platforms complicates this integration process, making it difficult for banks to adopt a unified blockchain solution. This fragmentation within the blockchain ecosystem impedes the realization of its full potential in the banking industry, as it complicates the implementation and operation of blockchain-based solutions.

Key Market Trends Shaping the Blockchain in Banking Market

Increased Collaboration and Consortiums

One of the significant trends in the blockchain in banking market is the rise of collaborative efforts and consortiums among financial institutions. Banks are increasingly partnering with technology firms and other banks to develop and implement blockchain solutions.

Initiatives like the R3 consortium, which includes over 200 members from the banking sector, are driving the development of standardized blockchain platforms. These collaborations help mitigate the risks associated with blockchain adoption by pooling resources and expertise, thereby accelerating the development of robust and interoperable blockchain systems.

Expansion of Blockchain-Based Payment Systems

The expansion of blockchain-based payment systems is another key trend shaping the market. Banks are exploring and investing in blockchain technology to enhance their payment infrastructures, particularly for cross-border transactions. Blockchain enables faster, cheaper, and more transparent international payments compared to traditional methods.

Leading financial institutions are launching pilot projects and full-scale implementations of blockchain payment systems to streamline their operations and offer better services to their customers. This trend is likely to continue as banks seek to gain a competitive edge and respond to increasing customer demand for efficient and reliable payment solutions.

Focus on Regulatory Compliance and Security

As blockchain technology matures, there is a growing emphasis on regulatory compliance and security within the banking sector. Banks are working closely with regulators to ensure that their blockchain applications meet all legal and compliance requirements.

This trend is driving the development of blockchain solutions that prioritize security features such as enhanced encryption and secure identity management.

By focusing on regulatory compliance and security, banks aim to build trust in blockchain technology, making it a more viable and attractive option for mainstream financial operations.

Strategic Opportunities for Investors in the Blockchain in Banking Market

Investors have significant opportunities in blockchain technology startups that focus on banking applications. Investing in companies developing secure, scalable blockchain platforms and solutions for cross-border payments, identity verification, and smart contracts can yield high returns.

Supporting firms that specialize in enhancing blockchain interoperability and regulatory compliance will be crucial as the technology becomes more integrated into mainstream banking operations.

Another strategic opportunity lies in backing consortiums and collaborative projects among banks and technology firms. By investing in these initiatives, investors can benefit from the collective advancements and shared expertise that drive the development of standardized, industry-wide blockchain solutions, ensuring widespread adoption and long-term growth.

Country-wise Insights

Key Financial Institutions and Technology Firms Drive Innovation in the United States Blockchain in Banking Market

The United States-based banks like JPMorgan Chase and Goldman Sachs are investing heavily in blockchain technology to enhance payment systems, trading, and regulatory compliance. The country’s robust regulatory environment, coupled with a vibrant tech ecosystem, supports extensive blockchain research and development.

These United States-based banks are also forming international partnerships, leveraging blockchain to streamline global operations and cross-border transactions, solidifying their leadership in the global market.

Strong Government Backing and Substantial Investment from its Financial Sector in China Boost Sales

Chinese banks such as the Industrial and Commercial Bank of China (ICBC) and the China Construction Bank are adopting blockchain for various applications, including trade finance and digital currency projects.

The Chinese government’s strategic initiatives, like the Blockchain Service Network (BSN), aim to integrate blockchain into the national economy and facilitate international trade. These efforts are positioning China as a formidable force in the global expansion of blockchain technology in banking.

Switzerland is Emerging as a Key Hub for Blockchain Innovation Paramount Development

Switzerland excels in the banking sector, due to its favorable regulatory environment and strong financial industry. Swiss banks like UBS and Credit Suisse are actively exploring blockchain for improving efficiency and security in financial transactions.

The country’s supportive regulatory framework, exemplified by the "Crypto Valley" in Zug, attracts numerous blockchain startups and projects. Switzerland’s strategic focus on fostering blockchain development and its commitment to creating an innovation-friendly environment are driving its global expansion and influence in the blockchain banking market.

Category-wise Insights

Platform Scores Many Users Making Them Preferred Choice

The top component in the blockchain in banking market is the platform segment, which includes both cloud-based and on-premises solutions. These platforms are crucial as they provide the foundational infrastructure that enables banks to implement and manage blockchain technology effectively, driving innovation and operational efficiency.

Private Blockchains is Top Type in Blockchain in Banking Market

Private blockchains are favored by banks due to their enhanced privacy, control over permissions, and suitability for maintaining sensitive financial data securely within a closed network. This type allows banks to leverage blockchain technology while maintaining compliance with regulatory requirements and ensuring confidentiality of transactions and customer information.

Competition Outlook

Key companies and banks should invest in developing scalable, secure blockchain platforms and foster collaborations through consortiums. They must prioritize regulatory compliance and interoperability to streamline integration.

Focusing on research and innovation, engaging with regulatory bodies, and enhancing cross-border transaction capabilities will drive the global expansion of blockchain in the banking market.

Industry Updates

  • On June 7, 2024, Deutsche Bank collaborated with industry leaders to publish a paper on blockchain interoperability, emphasizing enhanced accessibility and liquidity for tokenized assets across diverse blockchain networks and legacy systems.
  • On December 4, 2023, IBDIC worked on implementing domestic Letter of Credit issuance on blockchain, as announced by the Indian Banks’ Association.

Leading Blockchain in Banking Brands

  • Microsoft Corporation
  • Infosys Limited
  • Hewlett Packard Enterprise
  • Amazon Web Services Inc.
  • IBM Corporation
  • SAP SE
  • Oracle Corporation
  • JPMorgan Chase & Co.
  • Accenture PLC
  • AlphaPoint

Key Segments of Industry Report

By Component:

The blockchain in banking market can be segmented by component into blockchain platforms, which include both cloud-based and on-premises solutions, as well as services encompassing technology consulting, integration and deployment, and support and maintenance.

By Type:

The industry can be categorized into public, private, hybrid, consortium, and other blockchain types.

By Application:

The sector can be segmented by application into record keeping, real-time asset tracking, digital currency, fund transaction management, KYC/identity management, and other specialized uses.

By Regions:

A regional analysis has been conducted across key countries of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

Table of Content

  1. Executive Summary - Blockchain in Banking Market
    • Global Market Outlook
    • Demand-side Trends
    • Supply-side Trends
    • Technology Roadmap Analysis
    • Analysis and Recommendations
  2. Market Overview
    • Market Coverage / Taxonomy
    • Market Definition / Scope / Limitations
    • Inclusion and Exclusion
  3. Value Added Insights
    • Opportunity Map Analysis
    • Product Life Cycle Analysis
    • Supply Chain Analysis
      • Supply Side Participants and their Roles
        • Producers
        • Mid-Level Participants (Traders/ Agents/ Brokers)
        • Wholesalers and Distributors
      • Value Added and Value Created at Node in the Supply Chain
      • List of Raw Material Suppliers
      • List of Existing and Potential Buyers
    • Pricing Analysis of Blockchain in Banking Market
      • Pricing Analysis By Region
      • Pricing Analysis By Country
      • Pricing Analysis By End Use
      • Pricing Analysis By Distributor
      • Pricing Analysis By Application
    • Value Chain Analysis
      • Profit Margin Analysis
      • Wholesalers and Distributors
      • Retailers
    • Product Portfolio Analysis
    • Regulatory Landscape
      • By Key Regions
      • By Key Countries
    • Regional Parent Market Outlook
    • Production and Consumption Statistics
    • Import and Export Statistics
    • Investment Feasibility Matrix
    • PESTLE Analysis
      • Political Factors
        • Government stability and change
        • Taxation policy and incentives
        • Trade tariffs and import/export regulations
        • Political risk and corruption levels
      • Economic Factors
        • GDP growth and economic cycles
        • Inflation and interest rates
        • Exchange rate fluctuations
        • Unemployment and consumer spending power
      • Social Factors
        • Demographic trends (age, population growth)
        • Cultural attitudes and lifestyle changes
        • Education levels and workforce skills
        • Health consciousness and social values
      • Technological Factors
        • Rate of technological innovation
        • R&D activity and automation trends
        • Digital infrastructure and connectivity
        • Intellectual property protection
      • Legal Factors
        • Employment and labor laws
        • Health & safety regulations
        • Consumer protection laws
        • Data privacy and antitrust legislation
      • Environmental Factors
        • Environmental regulations and compliance
        • Climate change impacts and carbon footprint
        • Resource availability and sustainability practices
        • Waste management and recycling initiatives
    • Market Background and Dynamics
      • Market Dynamics
        • Drivers
        • Restraints
        • Opportunity
        • Trends
      • SWOT Analysis of Global Blockchain in Banking Market
        • Strengths
        • Weaknesses
        • Opportunities
        • Threats
  4. Global Blockchain in Banking Market Analysis 2020-2024 and Forecast, 2025-2035
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Projections, 2025-2035
      • Y-o-Y Growth Trend Analysis
      • Absolute $ Opportunity Analysis
    • Revenue Forecast Scenario, 2020-2035
      • Conservative Scenario
      • Likely Scenario
      • Optimistic Scenario
  5. Global Blockchain in Banking Market Analysis 2020-2024 and Forecast 2025-2035, By Application
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis By Application, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By Application, 2025-2035
    • Y-o-Y Growth Trend Analysis By Application, 2020-2024
    • Absolute $ Opportunity Analysis By Application, 2025-2035
    • Market Attractiveness Analysis By Application, 2025-2035
  6. Global Blockchain in Banking Market Analysis 2020-2024 and Forecast 2025-2035, By End Use
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis By End Use, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By End Use, 2025-2035
    • Y-o-Y Growth Trend Analysis By End Use, 2020-2024
    • Absolute $ Opportunity Analysis By End Use, 2025-2035
    • Market Attractiveness Analysis By End Use, 2025-2035
  7. Global Blockchain in Banking Market Analysis 2020-2024 and Forecast 2025-2035, By Region
    • Introduction
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis By Region, 2020-2024
    • Current Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By Region, 2025-2035
      • North America
      • Latin America
      • Western Europe
      • Eastern Europe
      • East Asia
      • South Asia and Pacific & Pacific
      • MEA
    • Market Attractiveness Analysis By Region
  8. North America Blockchain in Banking Market Analysis 2020-2024 and Forecast 2025-2035
    • Introduction
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By Market Taxonomy, 2025-2035
    • By Country
      • USA
      • Canada
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • USA Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Canada Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Mexico Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  9. Latin America Blockchain in Banking Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Brazil
      • Argentina
      • Chile
      • Rest of Latin America
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Brazil Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Argentina Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Chile Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of Latin America Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  10. Western Europe Blockchain in Banking Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Germany
      • UK
      • Italy
      • Spain
      • France
      • Nordic
      • BENELUX
      • Rest of Western Europe
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Germany Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • UK Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Italy Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Spain Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • France Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Nordic Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • BENELUX Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of Western Europe Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  11. Eastern Europe Blockchain in Banking Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Russia
      • Poland
      • Hungary
      • Balkan & Baltic
      • Rest of Eastern Europe
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Russia Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Poland Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Hungary Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Balkan & Baltic Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of Eastern Europe Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  12. East Asia Blockchain in Banking Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • China
      • Japan
      • South Korea
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • China Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Japan Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • South Korea Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  13. South Asia and Pacific Blockchain in Banking Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of South Asia and Pacific
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • India Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • ASEAN Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Australia & New Zealand Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of South Asia and Pacific Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  14. MEA Blockchain in Banking Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Kingdom of Saudi Arabia
      • Other GCC Countries
      • Turkiye
      • South Africa
      • Other African Union
      • Rest of Middle East & Africa
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Kingdom of Saudi Arabia Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Other GCC Countries Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Turkiye Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • South Africa Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • South Africa Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of MEA Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of MEA Blockchain in Banking Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  15. Market Structure Analysis
    • Competition Dashboard
    • Competition Benchmarking
    • Market Share Analysis of Top Players
      • By Region
      • By Application
      • By End Use
    • Competition Analysis
    • Competition Deep Dive
      • Global Key Players
      • Key Players by Region
      • Key Players by Country
  16. Assumptions & Acronyms Used
  17. Research Methodology

List of Tables

  • Table 1: Global Blockchain in Banking Market Value (US$ Mn) Forecast by Region, 2020-2035
  • Table 2: Global Blockchain in Banking Market Volume (Units) Forecast by Region, 2020-2035
  • Table 3: Global Blockchain in Banking Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 4: Global Blockchain in Banking Market Volume (Units) Forecast by Application, 2020-2035
  • Table 5: Global Blockchain in Banking Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 6: Global Blockchain in Banking Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 7: North America Blockchain in Banking Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 8: North America Blockchain in Banking Market Volume (Units) Forecast by Country, 2020-2035
  • Table 9: North America Blockchain in Banking Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 10: North America Blockchain in Banking Market Volume (Units) Forecast by Application, 2020-2035
  • Table 11: North America Blockchain in Banking Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 12: North America Blockchain in Banking Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 13: Latin America Blockchain in Banking Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 14: Latin America Blockchain in Banking Market Volume (Units) Forecast by Country, 2020-2035
  • Table 15: Latin America Blockchain in Banking Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 16: Latin America Blockchain in Banking Market Volume (Units) Forecast by Application, 2020-2035
  • Table 17: Latin America Blockchain in Banking Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 18: Latin America Blockchain in Banking Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 19: Europe Blockchain in Banking Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 20: Europe Blockchain in Banking Market Volume (Units) Forecast by Country, 2020-2035
  • Table 21: Europe Blockchain in Banking Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 22: Europe Blockchain in Banking Market Volume (Units) Forecast by Application, 2020-2035
  • Table 23: Europe Blockchain in Banking Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 24: Europe Blockchain in Banking Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 25: East Asia Blockchain in Banking Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 26: East Asia Blockchain in Banking Market Volume (Units) Forecast by Country, 2020-2035
  • Table 27: East Asia Blockchain in Banking Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 28: East Asia Blockchain in Banking Market Volume (Units) Forecast by Application, 2020-2035
  • Table 29: East Asia Blockchain in Banking Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 30: East Asia Blockchain in Banking Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 31: South Asia Blockchain in Banking Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 32: South Asia Blockchain in Banking Market Volume (Units) Forecast by Country, 2020-2035
  • Table 33: South Asia Blockchain in Banking Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 34: South Asia Blockchain in Banking Market Volume (Units) Forecast by Application, 2020-2035
  • Table 35: South Asia Blockchain in Banking Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 36: South Asia Blockchain in Banking Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 37: Oceania Blockchain in Banking Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 38: Oceania Blockchain in Banking Market Volume (Units) Forecast by Country, 2020-2035
  • Table 39: Oceania Blockchain in Banking Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 40: Oceania Blockchain in Banking Market Volume (Units) Forecast by Application, 2020-2035
  • Table 41: Oceania Blockchain in Banking Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 42: Oceania Blockchain in Banking Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 43: MEA Blockchain in Banking Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 44: MEA Blockchain in Banking Market Volume (Units) Forecast by Country, 2020-2035
  • Table 45: MEA Blockchain in Banking Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 46: MEA Blockchain in Banking Market Volume (Units) Forecast by Application, 2020-2035
  • Table 47: MEA Blockchain in Banking Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 48: MEA Blockchain in Banking Market Volume (Units) Forecast by End Use, 2020-2035

List of Figures

  • Figure 1: Global Blockchain in Banking Market Value (US$ Mn) by Application, 2020-2035
  • Figure 2: Global Blockchain in Banking Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 3: Global Blockchain in Banking Market Value (US$ Mn) by Region, 2020-2035
  • Figure 4: Global Blockchain in Banking Market Value (US$ Mn) Analysis by Region, 2020-2035
  • Figure 5: Global Blockchain in Banking Market Volume (Units) Analysis by Region, 2020-2035
  • Figure 6: Global Blockchain in Banking Market Value Share (%) and BPS Analysis by Region, 2020-2035
  • Figure 7: Global Blockchain in Banking Market Y-o-Y Growth (%) Projections by Region, 2020-2035
  • Figure 8: Global Blockchain in Banking Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 9: Global Blockchain in Banking Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 10: Global Blockchain in Banking Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 11: Global Blockchain in Banking Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 12: Global Blockchain in Banking Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 13: Global Blockchain in Banking Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 14: Global Blockchain in Banking Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 15: Global Blockchain in Banking Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 16: Global Blockchain in Banking Market Attractiveness by Application, 2020-2035
  • Figure 17: Global Blockchain in Banking Market Attractiveness by End Use, 2020-2035
  • Figure 18: Global Blockchain in Banking Market Attractiveness by Region, 2020-2035
  • Figure 19: North America Blockchain in Banking Market Value (US$ Mn) by Application, 2020-2035
  • Figure 20: North America Blockchain in Banking Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 21: North America Blockchain in Banking Market Value (US$ Mn) by Country, 2020-2035
  • Figure 22: North America Blockchain in Banking Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 23: North America Blockchain in Banking Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 24: North America Blockchain in Banking Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 25: North America Blockchain in Banking Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 26: North America Blockchain in Banking Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 27: North America Blockchain in Banking Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 28: North America Blockchain in Banking Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 29: North America Blockchain in Banking Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 30: North America Blockchain in Banking Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 31: North America Blockchain in Banking Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 32: North America Blockchain in Banking Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 33: North America Blockchain in Banking Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 34: North America Blockchain in Banking Market Attractiveness by Application, 2020-2035
  • Figure 35: North America Blockchain in Banking Market Attractiveness by End Use, 2020-2035
  • Figure 36: North America Blockchain in Banking Market Attractiveness by Country, 2020-2035
  • Figure 37: Latin America Blockchain in Banking Market Value (US$ Mn) by Application, 2020-2035
  • Figure 38: Latin America Blockchain in Banking Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 39: Latin America Blockchain in Banking Market Value (US$ Mn) by Country, 2020-2035
  • Figure 40: Latin America Blockchain in Banking Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 41: Latin America Blockchain in Banking Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 42: Latin America Blockchain in Banking Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 43: Latin America Blockchain in Banking Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 44: Latin America Blockchain in Banking Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 45: Latin America Blockchain in Banking Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 46: Latin America Blockchain in Banking Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 47: Latin America Blockchain in Banking Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 48: Latin America Blockchain in Banking Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 49: Latin America Blockchain in Banking Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 50: Latin America Blockchain in Banking Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 51: Latin America Blockchain in Banking Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 52: Latin America Blockchain in Banking Market Attractiveness by Application, 2020-2035
  • Figure 53: Latin America Blockchain in Banking Market Attractiveness by End Use, 2020-2035
  • Figure 54: Latin America Blockchain in Banking Market Attractiveness by Country, 2020-2035
  • Figure 55: Europe Blockchain in Banking Market Value (US$ Mn) by Application, 2020-2035
  • Figure 56: Europe Blockchain in Banking Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 57: Europe Blockchain in Banking Market Value (US$ Mn) by Country, 2020-2035
  • Figure 58: Europe Blockchain in Banking Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 59: Europe Blockchain in Banking Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 60: Europe Blockchain in Banking Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 61: Europe Blockchain in Banking Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 62: Europe Blockchain in Banking Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 63: Europe Blockchain in Banking Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 64: Europe Blockchain in Banking Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 65: Europe Blockchain in Banking Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 66: Europe Blockchain in Banking Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 67: Europe Blockchain in Banking Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 68: Europe Blockchain in Banking Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 69: Europe Blockchain in Banking Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 70: Europe Blockchain in Banking Market Attractiveness by Application, 2020-2035
  • Figure 71: Europe Blockchain in Banking Market Attractiveness by End Use, 2020-2035
  • Figure 72: Europe Blockchain in Banking Market Attractiveness by Country, 2020-2035
  • Figure 73: East Asia Blockchain in Banking Market Value (US$ Mn) by Application, 2020-2035
  • Figure 74: East Asia Blockchain in Banking Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 75: East Asia Blockchain in Banking Market Value (US$ Mn) by Country, 2020-2035
  • Figure 76: East Asia Blockchain in Banking Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 77: East Asia Blockchain in Banking Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 78: East Asia Blockchain in Banking Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 79: East Asia Blockchain in Banking Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 80: East Asia Blockchain in Banking Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 81: East Asia Blockchain in Banking Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 82: East Asia Blockchain in Banking Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 83: East Asia Blockchain in Banking Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 84: East Asia Blockchain in Banking Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 85: East Asia Blockchain in Banking Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 86: East Asia Blockchain in Banking Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 87: East Asia Blockchain in Banking Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 88: East Asia Blockchain in Banking Market Attractiveness by Application, 2020-2035
  • Figure 89: East Asia Blockchain in Banking Market Attractiveness by End Use, 2020-2035
  • Figure 90: East Asia Blockchain in Banking Market Attractiveness by Country, 2020-2035
  • Figure 91: South Asia Blockchain in Banking Market Value (US$ Mn) by Application, 2020-2035
  • Figure 92: South Asia Blockchain in Banking Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 93: South Asia Blockchain in Banking Market Value (US$ Mn) by Country, 2020-2035
  • Figure 94: South Asia Blockchain in Banking Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 95: South Asia Blockchain in Banking Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 96: South Asia Blockchain in Banking Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 97: South Asia Blockchain in Banking Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 98: South Asia Blockchain in Banking Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 99: South Asia Blockchain in Banking Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 100: South Asia Blockchain in Banking Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 101: South Asia Blockchain in Banking Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 102: South Asia Blockchain in Banking Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 103: South Asia Blockchain in Banking Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 104: South Asia Blockchain in Banking Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 105: South Asia Blockchain in Banking Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 106: South Asia Blockchain in Banking Market Attractiveness by Application, 2020-2035
  • Figure 107: South Asia Blockchain in Banking Market Attractiveness by End Use, 2020-2035
  • Figure 108: South Asia Blockchain in Banking Market Attractiveness by Country, 2020-2035
  • Figure 109: Oceania Blockchain in Banking Market Value (US$ Mn) by Application, 2020-2035
  • Figure 110: Oceania Blockchain in Banking Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 111: Oceania Blockchain in Banking Market Value (US$ Mn) by Country, 2020-2035
  • Figure 112: Oceania Blockchain in Banking Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 113: Oceania Blockchain in Banking Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 114: Oceania Blockchain in Banking Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 115: Oceania Blockchain in Banking Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 116: Oceania Blockchain in Banking Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 117: Oceania Blockchain in Banking Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 118: Oceania Blockchain in Banking Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 119: Oceania Blockchain in Banking Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 120: Oceania Blockchain in Banking Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 121: Oceania Blockchain in Banking Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 122: Oceania Blockchain in Banking Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 123: Oceania Blockchain in Banking Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 124: Oceania Blockchain in Banking Market Attractiveness by Application, 2020-2035
  • Figure 125: Oceania Blockchain in Banking Market Attractiveness by End Use, 2020-2035
  • Figure 126: Oceania Blockchain in Banking Market Attractiveness by Country, 2020-2035
  • Figure 127: MEA Blockchain in Banking Market Value (US$ Mn) by Application, 2020-2035
  • Figure 128: MEA Blockchain in Banking Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 129: MEA Blockchain in Banking Market Value (US$ Mn) by Country, 2020-2035
  • Figure 130: MEA Blockchain in Banking Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 131: MEA Blockchain in Banking Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 132: MEA Blockchain in Banking Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 133: MEA Blockchain in Banking Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 134: MEA Blockchain in Banking Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 135: MEA Blockchain in Banking Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 136: MEA Blockchain in Banking Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 137: MEA Blockchain in Banking Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 138: MEA Blockchain in Banking Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 139: MEA Blockchain in Banking Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 140: MEA Blockchain in Banking Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 141: MEA Blockchain in Banking Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 142: MEA Blockchain in Banking Market Attractiveness by Application, 2020-2035
  • Figure 143: MEA Blockchain in Banking Market Attractiveness by End Use, 2020-2035
  • Figure 144: MEA Blockchain in Banking Market Attractiveness by Country, 2020-2035

Frequently Asked Questions

What is the Market Valuation of Blockchain in Banking Market as of 2024?

Current projections of the industry indicate a valuation of USD 5.1 billion in 2024

What is the Projected Adoption Rate of Blockchain in Banking between 2024 and 2034?

Looking ahead to 2034, the current forecast projects a CAGR of 16.1% for the industry.

How Much Revenue this Industry is Expected to Generate by 2034?

FMI predicts lucrative opportunities worth USD 22.6 billion by 2034.

Which is the Top Component in this Industry?

Platform accounts for a significant market share in 2024.

Which Country Offers Growth Opportunities?

The United States is predicted to be an investment hotspot for investors and stakeholders.

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