The Blockchain In Banking And Financial Services Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for blockchain in banking and financial services has seen robust growth recently. The market, which was valued at $6.98 billion in 2024, is set to expand to $10.85 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 55.3%.
The Blockchain In Banking And Financial Services Global Market is projected to reach $40.9 billion by 2029, growing at a compound annual growth rate (CAGR) of 39.4%.
Download Your Free Sample of the 2025 Blockchain In Banking And Financial Services Market Report and Uncover Key Trends Now!The key drivers in the blockchain in banking and financial services market are:
• Increase in adoption of blockchain technology in the banking sector
• Rising use of cryptocurrency
• Increased use of blockchain to counter fraudulent transactions
• Focus on strategic mergers and acquisitions within this sector
The blockchain in banking and financial services market covered in this report is segmented –
1) By Type: Public Blockchain, Private Blockchain, Others
2) By Application: Fund Transaction Management, Real Time Loan Funding, Liquidity Management, Others
The key trends in the blockchain in banking and financial services market are:
• Concentration on utilizing blockchain technology within the insurance sector is an emerging trend.
• There is an increased focus on integrating blockchain into asset servicing.
• Strategic mergers and acquisitions are a notable trend shaping the market.
• There is a growing emphasis on digital currencies.
Major companies in the blockchain in banking and financial services market are:
• SAP SE
• Amazon Web Services
• IBM
• Accenture plc
• Oracle Corporation
• ConsenSys
• Hewlett Packard Enterprise
• Bitfury Group Limited
• Infosys
• Auxesis Services & Technologies (P) Ltd
• DigitalX
• Power Ledger
• Data61ANZ
• Westpac
• Lapits
• Indra Capital
• Hashcash Consultants
• L&T Infotech
• Hyperlink InfoSystem
• Moontek
• EvaCodes
• Innowise Group
• Infograins
• Trust Alliance Information Development Inc., Ltd
• Shangha
• Tech Exactly
• Chimpare
• SoluLab
• Blockchain.com
• Elliptic
• Zamna
• Adhara
• Argo Blockchain
• Everledger
• Travala.com
• Coinfirm
• Unicsoft
• Aspired
• ELEKS
• Labrys
• NaNLABS
• Amaris
• Say Digital I/O
• Artezio
• CodeInside
• Crypton Studio
• IT Test
• EVEN Lab
• Evrone
• Around25
• Pixelette Technologies Ltd
• RebelDot
• Zitec
• Agile Freaks
• Altasoft Software Solutions
• WebitFactory
• Microsoft Corporation
• Intel
• JPMorgan Chase & Co
• Akamai Technologies Inc
• AlphaPoint
• BitOasis
• Pyypl
• Zone
• Gath3r
• MidChains
• HAYVN
• DEFiYIELD
• MenaPay
• Light Protocol
• Afriex
• BitPesa
• Bitsoko
• BTCGhana
• Luno
• Ice3X
• GeoPay
• Dash
• BitSure
• Sava
• Standard Bank
• Chankura
• PayFast.
North America was the largest region in the blockchain in banking and financial services market in 2024