Blockchain in Financial Services: Market Overview and Top Companies
REPORT SCOPE:
The scope of this report is focused on a selection of the top companies offering blockchain financial services and the key areas in the field that are driving industry growth and allowing these companies to succeed. BCC Research also explores the blockchain industry’s structure, noting strategic alliances and acquisitions. The scope also includes analysis of the blockchain in financial services market based on regional markets. Revenue forecasts for 2019 through 2024 are provided at global levels for these segments.
The estimated values used are based on manufacturers’ total revenues. Projected and forecast revenue values are in constant U.S. dollars that have not been adjusted for inflation.
REPORT INCLUDES:
The scope of this report is focused on a selection of the top companies offering blockchain financial services and the key areas in the field that are driving industry growth and allowing these companies to succeed. BCC Research also explores the blockchain industry’s structure, noting strategic alliances and acquisitions. The scope also includes analysis of the blockchain in financial services market based on regional markets. Revenue forecasts for 2019 through 2024 are provided at global levels for these segments.
The estimated values used are based on manufacturers’ total revenues. Projected and forecast revenue values are in constant U.S. dollars that have not been adjusted for inflation.
REPORT INCLUDES:
- An overview of global market for blockchain technologies in the financial services industry
- Analyses of global market trends, with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
- A look at the major blockchain companies/consortiums that are expected to play a major role in the future years
- Description of blockchain technology applications in digital identification, trade finance, cross border payments, and digital wallets
- Identification of companies that are considered as leaders in their field, as well as technological means these companies are using to exploit their markets and dominate the market in their fields
- Discussion on how blockchain technology is used for improving the efficiency in businesses by providing cost-effective mechanisms
- Information on new product launches and product developments
- Details of the major companies and their products as well as technology advancements, executives, geographical presence, history and strategies
CHAPTER 1 INTRODUCTION
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Methodology
Geographic Breakdown
Intended Audience
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
CHAPTER 2 SUMMARY AND HIGHLIGHTS
CHAPTER 3 MARKET AND TECHNOLOGY BACKGROUND
Evolution of Blockchain Technology and Market Definition
Origin of Blockchain
Development of Blockchain
Definition
Technologies in Blockchain
Blockchain Functioning in a Financial Transaction
Advantages of Blockchain and Distributed Ledger Technology
Types of Blockchain
Public Blockchain
Private Blockchain
Consortium Blockchain
Hybrid Blockchain
Financial Services Applications and Use Cases
Cross-Border Payments
Trading
Trade Finance
Digital Identity Information
Syndicate Lending
Accounting, Bookkeeping and Audits
Credit Reports
Hedge Funds
Peer-to-Peer (P2P) Transfers
Ecosystem of Blockchain Providers
Blockchain Solution Providers
Blockchain Tools and Software Providers
Blockchain Platforms and Frameworks
Academia Regulators and Nonprofits
CHAPTER 4 BLOCKCHAIN TECHNOLOGY IN FINANCIAL SERVICES
Introduction
Market by Region
CHAPTER 5 COMPETITIVE LANDSCAPE
Market Players Analysis
Top Companies
Market Strategy Analysis
Key Market Developments
Product Launches/Product Developments
Collaboration/Partnership/Geographic Expansion
CHAPTER 6 COMPANY PROFILES
Introduction
Consortium/Alliance/Association
BANKCHAIN
BLOCKCHAIN INSURANCE INDUSTRY INITIATIVE (B3I)
ENTERPRISE ETHEREUM ALLIANCE (EEA)
FINANCIAL BLOCKCHAIN SHENZHEN CONSORTIUM (FISCO)
FUNDCHAIN
GLOBAL BLOCKCHAIN BUSINESS COUNCIL
HYPERLEDGER CONSORTIUM
INTERNATIONAL SECURITIES ASSOCIATION FOR INSTITUTIONAL TRADE COMMUNICATION (ISITC EUROPE)
JAPAN EXCHANGE GROUP (JPX)
MARCO POLO NETWORK
R3
WE.TRADE
Blockchain Service/Infrastructure/Application Providers
ACCENTURE PLC
AMAZON.COM, INC.
AXONI
CHAIN, INC.
FACTOM, INC.
HUAWEI TECHNOLOGIES CO., LTD.
IBM
INTEL CORP.
MICROSOFT CORP.
NTT DATA
RIPPLE LABS, INC.
SAP SE
TATA CONSULTANCY SERVICES (TCS) LTD.
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Methodology
Geographic Breakdown
Intended Audience
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
CHAPTER 2 SUMMARY AND HIGHLIGHTS
CHAPTER 3 MARKET AND TECHNOLOGY BACKGROUND
Evolution of Blockchain Technology and Market Definition
Origin of Blockchain
Development of Blockchain
Definition
Technologies in Blockchain
Blockchain Functioning in a Financial Transaction
Advantages of Blockchain and Distributed Ledger Technology
Types of Blockchain
Public Blockchain
Private Blockchain
Consortium Blockchain
Hybrid Blockchain
Financial Services Applications and Use Cases
Cross-Border Payments
Trading
Trade Finance
Digital Identity Information
Syndicate Lending
Accounting, Bookkeeping and Audits
Credit Reports
Hedge Funds
Peer-to-Peer (P2P) Transfers
Ecosystem of Blockchain Providers
Blockchain Solution Providers
Blockchain Tools and Software Providers
Blockchain Platforms and Frameworks
Academia Regulators and Nonprofits
CHAPTER 4 BLOCKCHAIN TECHNOLOGY IN FINANCIAL SERVICES
Introduction
Market by Region
CHAPTER 5 COMPETITIVE LANDSCAPE
Market Players Analysis
Top Companies
Market Strategy Analysis
Key Market Developments
Product Launches/Product Developments
Collaboration/Partnership/Geographic Expansion
CHAPTER 6 COMPANY PROFILES
Introduction
Consortium/Alliance/Association
BANKCHAIN
BLOCKCHAIN INSURANCE INDUSTRY INITIATIVE (B3I)
ENTERPRISE ETHEREUM ALLIANCE (EEA)
FINANCIAL BLOCKCHAIN SHENZHEN CONSORTIUM (FISCO)
FUNDCHAIN
GLOBAL BLOCKCHAIN BUSINESS COUNCIL
HYPERLEDGER CONSORTIUM
INTERNATIONAL SECURITIES ASSOCIATION FOR INSTITUTIONAL TRADE COMMUNICATION (ISITC EUROPE)
JAPAN EXCHANGE GROUP (JPX)
MARCO POLO NETWORK
R3
WE.TRADE
Blockchain Service/Infrastructure/Application Providers
ACCENTURE PLC
AMAZON.COM, INC.
AXONI
CHAIN, INC.
FACTOM, INC.
HUAWEI TECHNOLOGIES CO., LTD.
IBM
INTEL CORP.
MICROSOFT CORP.
NTT DATA
RIPPLE LABS, INC.
SAP SE
TATA CONSULTANCY SERVICES (TCS) LTD.
LIST OF TABLES
Summary Table: Global Market for Blockchain in Financial Services, by Region, Through 2024
Table 1: Development of Blockchain
Table 2: Types of Blockchain Network
Table 3: Global Market for Blockchain Technology, by Application, Through 2024
Table 4: Global Market for Blockchain in Financial Services, Through 2024
Table 5: Global Market for Blockchain in Financial Services, by Region, Through 2024
Table 6: Blockchain in Financial Services Key Market Players
Table 7: Key Developments for Blockchain in Financial Services Market, by Product Launch/Product Development, 2016-2019*
Table 8: Key Developments for Blockchain in Financial Services Market, by Collaboration/Partnership/Geographic Expansion, 2016-2019*
Table 9: B3i: Key Management
Table 10: Global Blockchain Business Council: Key Management
Table 11: Hyperledger Consortium: Frameworks/Projects
Table 12: ISITC: Key Management
Table 13: Japan Exchange Group: Papers Published
Table 14: Japan Exchange Group: Key Management
Table 15: Marco Polo Network: Key Management
Table 16: R3: Key Management
Table 17: we.trade: Key Management
Table 18: Accenture PLC: Blockchain Services
Table 19: Accenture PLC: Net Revenue, 2016-2018
Table 20: Accenture PLC: Technology and Consulting Partners
Table 21: Accenture PLC: Key Management
Table 22: Amazon.com, Inc.: Blockchain Services
Table 23: Amazon.com, Inc.: Net Revenue, 2016-2018
Table 24: Amazon.com, Inc.: APN Technology and Consulting Partners
Table 25: Amazon.com, Inc.: Key Management
Table 26: Axoni: Key Management
Table 27: Chain, Inc.: Key Management
Table 28: Factom, Inc.: Products and Services
Table 29: Factom, Inc.: Key Management
Table 30: Huawei Technologies Co., Ltd.: Blockchain Services
Table 31: Huawei Technologies Co., Ltd.: Company Financials, 2016-2018
Table 32: Developments at Huawei Technologies Co., Ltd., 2018
Table 33: Huawei Technologies Co., Ltd.: Key Management
Table 34: IBM: Blockchain Services
Table 35: IBM: Company Financials, 2016-2018
Table 36: IBM: Recent Developments, 2018 and 2019
Table 37: IBM: Key Management
Table 38: Intel Corp.: Blockchain Services
Table 39: Intel Corp.: Company Financials, FY2016-2018
Table 40: Intel Corp.: Technology and Consulting Partners
Table 41: Intel Corp.: Key Management
Table 42: Microsoft Corp.: Blockchain Services
Table 43: Microsoft Corp.: Company Financials, FY 2016-2018
Table 44: Microsoft Corp.: Recent Developments, 2019
Table 45: Microsoft Corp.: Key Management
Table 46: Ripple Labs, Inc.: Funding
Table 47: Ripple Labs, Inc.: Key Management
Table 48: SAP SE: Blockchain Services
Table 49: SAP SE: Net Revenue, 2016-2018
Table 50: SAP SE: Recent Developments, 2019
Table 51: SAP SE: Technology and Consulting Partners
Table 52: SAP SE: Key Management
Table 53: Tata Consultancy Services Ltd.: Blockchain Services
Table 54: Tata Consultancy Services Ltd.: Net Revenue, 2016-2018
Table 55: Tata Consultancy Services Ltd.: Recent Developments, 2019
Table 56: Tata Consultancy Services Ltd.: Technology and Consulting Partners
Table 57: Tata Consultancy Services Ltd.: Key Management
Summary Table: Global Market for Blockchain in Financial Services, by Region, Through 2024
Table 1: Development of Blockchain
Table 2: Types of Blockchain Network
Table 3: Global Market for Blockchain Technology, by Application, Through 2024
Table 4: Global Market for Blockchain in Financial Services, Through 2024
Table 5: Global Market for Blockchain in Financial Services, by Region, Through 2024
Table 6: Blockchain in Financial Services Key Market Players
Table 7: Key Developments for Blockchain in Financial Services Market, by Product Launch/Product Development, 2016-2019*
Table 8: Key Developments for Blockchain in Financial Services Market, by Collaboration/Partnership/Geographic Expansion, 2016-2019*
Table 9: B3i: Key Management
Table 10: Global Blockchain Business Council: Key Management
Table 11: Hyperledger Consortium: Frameworks/Projects
Table 12: ISITC: Key Management
Table 13: Japan Exchange Group: Papers Published
Table 14: Japan Exchange Group: Key Management
Table 15: Marco Polo Network: Key Management
Table 16: R3: Key Management
Table 17: we.trade: Key Management
Table 18: Accenture PLC: Blockchain Services
Table 19: Accenture PLC: Net Revenue, 2016-2018
Table 20: Accenture PLC: Technology and Consulting Partners
Table 21: Accenture PLC: Key Management
Table 22: Amazon.com, Inc.: Blockchain Services
Table 23: Amazon.com, Inc.: Net Revenue, 2016-2018
Table 24: Amazon.com, Inc.: APN Technology and Consulting Partners
Table 25: Amazon.com, Inc.: Key Management
Table 26: Axoni: Key Management
Table 27: Chain, Inc.: Key Management
Table 28: Factom, Inc.: Products and Services
Table 29: Factom, Inc.: Key Management
Table 30: Huawei Technologies Co., Ltd.: Blockchain Services
Table 31: Huawei Technologies Co., Ltd.: Company Financials, 2016-2018
Table 32: Developments at Huawei Technologies Co., Ltd., 2018
Table 33: Huawei Technologies Co., Ltd.: Key Management
Table 34: IBM: Blockchain Services
Table 35: IBM: Company Financials, 2016-2018
Table 36: IBM: Recent Developments, 2018 and 2019
Table 37: IBM: Key Management
Table 38: Intel Corp.: Blockchain Services
Table 39: Intel Corp.: Company Financials, FY2016-2018
Table 40: Intel Corp.: Technology and Consulting Partners
Table 41: Intel Corp.: Key Management
Table 42: Microsoft Corp.: Blockchain Services
Table 43: Microsoft Corp.: Company Financials, FY 2016-2018
Table 44: Microsoft Corp.: Recent Developments, 2019
Table 45: Microsoft Corp.: Key Management
Table 46: Ripple Labs, Inc.: Funding
Table 47: Ripple Labs, Inc.: Key Management
Table 48: SAP SE: Blockchain Services
Table 49: SAP SE: Net Revenue, 2016-2018
Table 50: SAP SE: Recent Developments, 2019
Table 51: SAP SE: Technology and Consulting Partners
Table 52: SAP SE: Key Management
Table 53: Tata Consultancy Services Ltd.: Blockchain Services
Table 54: Tata Consultancy Services Ltd.: Net Revenue, 2016-2018
Table 55: Tata Consultancy Services Ltd.: Recent Developments, 2019
Table 56: Tata Consultancy Services Ltd.: Technology and Consulting Partners
Table 57: Tata Consultancy Services Ltd.: Key Management
LIST OF FIGURES
Summary Figure: Global Market for Blockchain in Financial Services, by Region, 2018-2024
Figure 1: Working of Financial Transaction using Blockchain Technology
Figure 2: Ecosystem of Blockchain Providers
Figure 3: Global Market Share of Blockchain Technology, by Application, 2018
Figure 4: Centralized vs. Distributed Payment Transactions
Figure 5: Global Market for Blockchain in Financial Services, 2018-2024
Figure 6: Global Market for Blockchain in Financial Services, by Region, 2018-2024
Figure 7: Global Market Shares of Key Strategies Adopted by Companies, 2016-2019
Figure 8: Accenture PLC: Sales Share, by Business Segment, 2018
Figure 9: Amazon.com, Inc.: Sales Share, by Business Segment, 2018
Figure 10: Huawei Technologies Co., Ltd.: Revenue Share, by Business Segment, 2018
Figure 11: IBM: Revenue Share, by Business Segment, 2018
Figure 12: Intel Corp.: Revenue Share, by Business Segment, 2018
Figure 13: Microsoft Corp.: Revenue Share, by Business Segment, 2018
Figure 14: SAP SE: Sales Share, by Business Segment, 2018
Figure 15: Tata Consultancy Services Ltd.: Sales Share, by Business Segment, 2018
Summary Figure: Global Market for Blockchain in Financial Services, by Region, 2018-2024
Figure 1: Working of Financial Transaction using Blockchain Technology
Figure 2: Ecosystem of Blockchain Providers
Figure 3: Global Market Share of Blockchain Technology, by Application, 2018
Figure 4: Centralized vs. Distributed Payment Transactions
Figure 5: Global Market for Blockchain in Financial Services, 2018-2024
Figure 6: Global Market for Blockchain in Financial Services, by Region, 2018-2024
Figure 7: Global Market Shares of Key Strategies Adopted by Companies, 2016-2019
Figure 8: Accenture PLC: Sales Share, by Business Segment, 2018
Figure 9: Amazon.com, Inc.: Sales Share, by Business Segment, 2018
Figure 10: Huawei Technologies Co., Ltd.: Revenue Share, by Business Segment, 2018
Figure 11: IBM: Revenue Share, by Business Segment, 2018
Figure 12: Intel Corp.: Revenue Share, by Business Segment, 2018
Figure 13: Microsoft Corp.: Revenue Share, by Business Segment, 2018
Figure 14: SAP SE: Sales Share, by Business Segment, 2018
Figure 15: Tata Consultancy Services Ltd.: Sales Share, by Business Segment, 2018
