FinTech Blockchain Global Market to Reach 34 Billion by 2026

According to a new report, the Global FinTech Blockchain market accounted for $231 million in 2017 and is expected to reach $34,105.1 million by 2026 growing at a CAGR rate of 74.2 percent.

Factors such as increasing cryptocurrency market cap, huge demand of blockchain technology for payments, smart contracts, and digital identities are some key factors propelling the market growth. However, uncertain regulatory standards and frameworks, shortage of applications and use cases are restricting the market growth.

By provider, application and solution providers segment held significant growth for FinTech Blockchain market during the forecast period due to adoption of technologically developed blockchain solutions in financial companies.

Based on Organization size, large enterprises segment is expected to lead the market as these solutions provide overall reduced infrastructure cost and improve customer loyalty.

view the full report HERE:

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