Europe blockchain in banking and finance market was valued at $218.8 million in 2020 and will grow by 63.4% annually over 2020-2030 owing to the increasing need for faster and cheaper cross-border payment systems, higher compatibility with the financial services industry ecosystem, and growing demand for complete security mechanisms.
Highlighted with 33 tables and 54 figures, this 107-page report “Europe Blockchain in Banking and Finance Market 2020-2030 by Offering (Platform, Services), Type (Public, Private, Hybrid), Provider (Infrastructure, Middleware, Application), Application, Sub-vertical, Organization Size, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe blockchain in banking and finance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe blockchain in banking and finance market in every aspect of the classification from perspectives of Offering, Type, Provider, Application, Sub-vertical, Organization Size, and Country.
Based on Offering, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Platform
• Services
Based on Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Public Blockchain
• Consortium or Hybrid Blockchain
• Private or Permission Blockchain
Based on Provider, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Infrastructure and Protocol Providers
• Middleware Providers
• Application and Solution Providers
Based on Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Clearance & Settlement Systems
• Trade Finance
• Identity Management & Fraud Detection
• e-KYC
• Smart Contracts
• Regulatory Reporting & Compliance
• Other Applications
Based on Sub-vertical, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Inter-bank Transfers
• Cross-border Transfers & Remittances
• Retail and P2P Payments
• Corporate Payments
• Other Sub-verticals
Based on Organization Size, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Large Enterprises
• Small and Medium Enterprises (SMEs)
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Blockchain Type, Application, and Sub-vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Accubits technologies
Clearmatics
Fujitsu
IBM Corporation
JP Morgan
Microsoft Corporation
Primechain Technologies
R3
Ripple
Signzy
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 28
2.4 Emerging Opportunities and Market Trends 31
2.5 Porter’s Fiver Forces Analysis 35
3 Segmentation of Europe Market by Offering 40
3.1 Market Overview by Offering 40
3.2 Platform 42
3.3 Services 43
4 Segmentation of Europe Market by Blockchain Type 44
4.1 Market Overview by Blockchain Type 44
4.2 Public Blockchain 46
4.3 Consortium or Hybrid Blockchain 47
4.4 Private or Permission Blockchain 48
5 Segmentation of Europe Market by Provider 49
5.1 Market Overview by Provider 49
5.2 Infrastructure and Protocol Providers 51
5.3 Middleware Providers 52
5.4 Application and Solution Providers 53
6 Segmentation of Europe Market by Application 54
6.1 Market Overview by Application 54
6.2 Clearance & Settlement Systems 56
6.3 Trade Finance 57
6.4 Identity Management & Fraud Detection 58
6.5 e-KYC 59
6.6 Smart Contracts 60
6.7 Regulatory Reporting & Compliance 61
6.8 Other Applications 62
7 Segmentation of Europe Market by Sub-vertical 63
7.1 Market Overview by Sub-vertical 63
7.2 Inter-bank Transfers 65
7.3 Cross-border Transfers & Remittances 66
7.4 Retail and P2P Payments 67
7.5 Corporate Payments 68
7.6 Other Sub-verticals 69
8 Segmentation of Europe Market by Organization Size 70
8.1 Market Overview by Organization Size 70
8.2 Large Enterprises 72
8.3 Small and Medium Enterprises (SMEs) 73
9 European Market 2019-2030 by Country 74
9.1 Overview of European Market 74
9.2 Germany 77
9.3 U.K. 79
9.4 France 82
9.5 Spain 84
9.6 Italy 86
9.7 Russia 88
9.8 Rest of European Market 90
10 Competitive Landscape 92
10.1 Overview of Key Vendors 92
10.2 New Product Launch, Partnership, Investment, and M&A 95
10.3 Company Profiles 96
Accubits technologies 96
Clearmatics 98
Fujitsu 99
IBM Corporation 100
JP Morgan 101
Microsoft Corporation 102
Primechain Technologies 103
R3 104
Ripple 105
Signzy 106
RELATED REPORTS 107
List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 16
Figure 4. Europe Blockchain in Banking and Finance Market, 2019-2030, $ mn 19
Figure 5. Impact of COVID-19 on Business 22
Figure 6. Primary Drivers and Impact Factors of Europe Blockchain in Banking and Finance Market 24
Figure 7. World Blockchain Market, 2019-2030, $ mn 27
Figure 8. Primary Restraints and Impact Factors of Europe Blockchain in Banking and Finance Market 28
Figure 9. Investment Opportunity Analysis 32
Figure 10. Porter’s Fiver Forces Analysis of Europe Blockchain in Banking and Finance Market 35
Figure 11. Breakdown of Europe Blockchain in Banking and Finance Market by Offering, 2019-2030, % of Revenue 41
Figure 12. Europe Addressable Market Cap in 2021-2030 by Offering, Value ($ mn) and Share (%) 41
Figure 13. Europe Blockchain in Banking and Finance Market by Offering: Platform, 2019-2030, $ mn 42
Figure 14. Europe Blockchain in Banking and Finance Market by Offering: Services, 2019-2030, $ mn 43
Figure 15. Breakdown of Europe Blockchain in Banking and Finance Market by Blockchain Type, 2019-2030, % of Sales Revenue 45
Figure 16. Europe Addressable Market Cap in 2021-2030 by Blockchain Type, Value ($ mn) and Share (%) 45
Figure 17. Europe Blockchain in Banking and Finance Market by Blockchain Type: Public Blockchain, 2019-2030, $ mn 46
Figure 18. Europe Blockchain in Banking and Finance Market by Blockchain Type: Consortium or Hybrid Blockchain, 2019-2030, $ mn 47
Figure 19. Europe Blockchain in Banking and Finance Market by Blockchain Type: Private or Permission Blockchain, 2019-2030, $ mn 48
Figure 20. Breakdown of Europe Blockchain in Banking and Finance Market by Provider, 2019-2030, % of Sales Revenue 50
Figure 21. Europe Addressable Market Cap in 2021-2030 by Provider, Value ($ mn) and Share (%) 50
Figure 22. Europe Blockchain in Banking and Finance Market by Provider: Infrastructure and Protocol Providers, 2019-2030, $ mn 51
Figure 23. Europe Blockchain in Banking and Finance Market by Provider: Middleware Providers, 2019-2030, $ mn 52
Figure 24. Europe Blockchain in Banking and Finance Market by Provider: Application and Solution Providers, 2019-2030, $ mn 53
Figure 25. Breakdown of Europe Blockchain in Banking and Finance Market by Application, 2019-2030, % of Revenue 55
Figure 26. Europe Addressable Market Cap in 2021-2030 by Application, Value ($ mn) and Share (%) 55
Figure 27. Europe Blockchain in Banking and Finance Market by Application: Clearance & Settlement Systems, 2019-2030, $ mn 56
Figure 28. Europe Blockchain in Banking and Finance Market by Application: Trade Finance, 2019-2030, $ mn 57
Figure 29. Europe Blockchain in Banking and Finance Market by Application: Identity Management & Fraud Detection, 2019-2030, $ mn 58
Figure 30. Europe Blockchain in Banking and Finance Market by Application: e-KYC, 2019-2030, $ mn 59
Figure 31. Europe Blockchain in Banking and Finance Market by Application: Smart Contracts, 2019-2030, $ mn 60
Figure 32. Europe Blockchain in Banking and Finance Market by Application: Regulatory Reporting & Compliance, 2019-2030, $ mn 61
Figure 33. Europe Blockchain in Banking and Finance Market by Application: Other Applications, 2019-2030, $ mn 62
Figure 34. Breakdown of Europe Blockchain in Banking and Finance Market by Sub-vertical, 2019-2030, % of Revenue 64
Figure 35. Europe Addressable Market Cap in 2021-2030 by Sub-vertical, Value ($ mn) and Share (%) 64
Figure 36. Europe Blockchain in Banking and Finance Market by Sub-vertical: Inter-bank Transfers, 2019-2030, $ mn 65
Figure 37. Europe Blockchain in Banking and Finance Market by Sub-vertical: Cross-border Transfers & Remittances, 2019-2030, $ mn 66
Figure 38. Europe Blockchain in Banking and Finance Market by Sub-vertical: Retail and P2P Payments, 2019-2030, $ mn 67
Figure 39. Europe Blockchain in Banking and Finance Market by Sub-vertical: Corporate Payments, 2019-2030, $ mn 68
Figure 40. Europe Blockchain in Banking and Finance Market by Sub-vertical: Other Sub-verticals, 2019-2030, $ mn 69
Figure 41. Breakdown of Europe Blockchain in Banking and Finance Market by Organization Size, 2019-2030, % of Revenue 70
Figure 42. Europe Addressable Market Cap in 2021-2030 by Organization Size, Value ($ mn) and Share (%) 71
Figure 43. Europe Blockchain in Banking and Finance Market by Organization Size: Large Enterprises, 2019-2030, $ mn 72
Figure 44. Europe Blockchain in Banking and Finance Market by Organization Size: Small and Medium Enterprises (SMEs), 2019-2030, $ mn 73
Figure 45. Breakdown of European Blockchain in Banking and Finance Market by Country, 2019 and 2030, % of Revenue 75
Figure 46. Contribution to Europe 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 76
Figure 47. Blockchain in Banking and Finance Market in Germany, 2019-2030, $ mn 77
Figure 48. Blockchain in Banking and Finance Market in U.K., 2019-2030, $ mn 79
Figure 49. Blockchain in Banking and Finance Market in France, 2019-2030, $ mn 82
Figure 50. Blockchain in Banking and Finance Market in Spain, 2019-2030, $ mn 84
Figure 51. Blockchain in Banking and Finance Market in Italy, 2019-2030, $ mn 86
Figure 52. Blockchain in Banking and Finance Market in Russia, 2019-2030, $ mn 88
Figure 53. Blockchain in Banking and Finance Market in Rest of Europe, 2019-2030, $ mn 90
Figure 54. Growth Stage of Europe Blockchain in Banking and Finance Industry over the Forecast Period 92
