Asia Pacific Blockchain Market- Segmentation, Market Share, Size, and Forecast to 2024

Asia Pacific Blockchain Market- Segmentation, Market Share, Size, and Forecast to 2024

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Asia Pacific Block Chain market is set to witness positive growth forecast at CAGR XX% during the forecasted period 2017-2024. The market growth is driven by expanding payment digitization services, changing socio-economic landscape, IT infrastructure readiness, rising financial technology financing, and large percentage of unbanked denizens. However, regulatory, security, inter-portability, and scalability issues would pose significant challenge for block chain market growth in the region. World Economic Forum (WEF) in 2015 predicted that about 10% of global GDP to be deposited via financial systems powered with block-chain technology by 2027. Predictions from WEF of a potential substitute powering global financial system caught attention of economic experts around the globe. Financial technology companies likewise started investing in encryption technologies that can create a secure monetary transaction and exchange. Beginning of fiscal year 2017, the investment into financial technology gained momentum. OBRC analysis shows per annum investment in financial technology across the globe has increased from $12 billion in 2014 to around $16.5 billion in 2017. Throughout, fiscal year 2017, rising stocks of Bitcoin (and allied crypto currencies), caught investors and technology experts attention across the globe. As a result, the prospect of crypto technologies has changed from mere concept to mainstream business applications. Innovation and processing of financial technologies like block-chain are from United States and Europe. However, application of block-chain is gaining momentum across Asia Pacific markets. Asia Pacific in the medium term is poised to foremost region for venture capital investment and block-chain innovation. Rising investment in block-chain technology will be driven by growing financial technology market in Asia Pacific. According to OBRC analysis, Asia Pacific financial technology market is expected to reach approximately $72.1 billion by 2020 increasing from around $14.5 billion in 2017.

Asia Pacific block-chain market growth is in tandem with thriving global financial technology market. OBRC analysis shows, global block-chain market to grow at CAGR XX% for the forecasted period 2017-2024. Net revenue generated across the global block chain market is anticipated to reach $ XX million by 2024 increasing from $ XX million in 2017.  Rising e-commerce, changing socio-economic landscape, demand for secure online payment, and IT infrastructure readiness are some of the factors bolstering global block-chain market growth.. . Net revenues of Asia Pacific block chain market is anticipated to rise from $XX million in 2017 to $XX million by 2024. Asia Pacific is being considered preferred region for testing and innovation in block-chain technology in coming years whilst rising demand for efficient and affordable products & allied services within the domain.

Asia Pacific block chain market report is segmented in terms of applications, providers, institution size, and verticals. Application segment is further classified in terms of payments, exchanges and others. Payment is anticipated to grow with highest CAGR for the forecast period. Payment segment is mainly driven increasing transaction across region and demand for secure transaction window. Providers segment is bifurcated in terms of application developer, middleware, and infrastructure. Likewise, institution size is classified in terms of large enterprises and small & medium enterprises. Vertical segment in the report is further classified in terms of BFSI, healthcare, IT & telecom, media & entertainment, retail and others.

China is the fastest growing country in block-chain market in Asia Pacific region both in terms of revenue and volume. The market growth is fuelled by rising investment in financial technologies, expanding e-payment, promising prospects with fourth industrial revolution, changing regulatory landscape and IT infrastructure readiness. Government of China, in its 13th five year plan (2016-2020), have proposed steps (e.g. incentivising start-ups, change in regulatory landscape) to support block-chain ecosystem in the country. Chinese government in 2017 launched Block chain Open Lab as well as the China Block chain technology forum to aid start-ups within the domain. Some of the other key markets for block-chain technology in Asia Pacific region are Japan, South Korea, India, Singapore and Australia. Developed countries are likely to be foremost investment destination for block-chain for short term period; however, emerging economies like India and China are likely to drive the market in the long run. Other notable markets within Asia Pacific region include Vietnam, Thailand, Indonesia, Malaysia, and New Zealand.

Some of the leading block-chain solution providers in Asia Pacific include Asta Solutions (Australia)., Baccor Inc (Japan)., Digiledg Inc (Hong Kong)., Emurgo (Japan)., Exioms Inc (India)., Huobi Ltd (Singapore)., Infinity BlockChain Labs (Vietnam)., SimplyFI Softech (India)., DX Markets (Singapore)., and Vechain Inc (China). Mergers & acquisition is one of the key strategy adopted by block-chain solution enterprises in Asia Pacific to expand their consumer base.

 

  1. INTRODUCTION
    • EXECUTIVE SUMMARY
    • ESTIMATION METHODOLOGY
  2. MARKET OVERVIEW
    • MARKET DEFINITION AND SCOPE
    • VALUE CHAIN ANALYSIS
    • KEY BUYING CRITERIA
    • PORTERS 5 FORCE MODEL
    • KEY MARKET TRENDS
      • PIPELINE ANALYSIS
      • R & D SCENARIO
      • REGULATORY FRAMEWORK
    • PARAMETRIC ANALYSIS
    • KEY MARKET INSIGHTS
      • TOP 3 EMERGING COUNTRIES
      • TOP 3 REVENUE GENERATING SEGMENTS
      • TOP 3 EMERGING SEGMENTS
    • COMPETITIVE INTELLIGENCE
      • MARKET SHARE ANALYSIS
      • TOP WINNING STRATEGIES
      • CASE STUDY: TOP COMPETITIVE MOVES
    • STRATEGIC RECOMMENDATIONS & KEY CONCLUSIONS
      • INVESTMENT OPPORTUNITIES BY REGIONS
      • OPPORTUNITIES IN EMERGING APPLICATIONS
      • INVESTMENT OPPORTUNITY IN FASTEST GROWING SEGMENT
  1. MARKET DETERMINANTS
    • MARKET DRIVER
      • EXPANDING PAYMENT DIGITIZATION SERVICES
      • CHANGING SOCIO-ECONOMIC LANDSCAPE
      • AVAILABILITY OF VC FUNDING
      • IT INFRASTRUCTURE S AVAILABILITY
      • INCREASING INVESTMENT IN FINANCIAL TECHNOLOGY SOLUTION & SERVICES
    • MARKET RESTRAINTS
      • PRIVACY AND SECURITY RELATED CONCERNS
      • UNCLEAR REGULATORY ENVIRONMENT
    • MARKET OPPORTUNITIES
      • LARGE PERCENTAGE OF UNBANKED CITIZENS
      • THRIVING FINANCIAL SERVICES SECTOR ACROSS EMERGING ECONOMIES
    • MARKET CHALLENGES
      • LACK OF TECHNICAL KNOW HOW
      • INTERPORTABILITY OF SERVICES
  1. MARKET SEGMENTATION
    • APAC BLOCK-CHAIN MARKET BY APPLICATION 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY PAYMENTS 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY EXCHANGES 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY OTHERS 2015-2024 ($ MILLION)
    • APAC BLOCK-CHAIN MARKET BY PROVIDERS 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY APPLICATION DEVELOPER 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY MIDDLEWARE 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY INFRASTRUCTURE 2015-2024 ($ MILLION)
    • APAC BLOCK-CHAIN MARKET BY ENTERPRISE SIZE 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY LARGE ENTERPRISES 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY SMALL & MEDIUM ENTERPRISES 2015-2024 ($ MILLION)
    • APAC BLOCK-CHAIN MARKET BY INDUSTRIAL VERTICAL 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY BFSI 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY HEALTHCARE 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY IT & TELECOM 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY MEDIA & ENTERTAINMENT 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY RETAIL 2015-2024 ($ MILLION)
      • APAC BLOCK-CHAIN MARKET BY OTHERS 2015-2024 ($ MILLION)
  1. APAC LEVEL SEGMENTATION
    • CHINA BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
    • INDIA BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
    • KOREA BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
    • JAPAN BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
    • AUSTRALIA BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
    • THAILAND BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
    • REST OF ASIA PACIFIC BLOCK-CHAINMARKET 2015-2024 ($ MILLION)
  2. GLOBAL VS APAC MARKET “A COMPARATIVE STUDY”
    • DECISION SUPPORT DATABASE & ESTIMATION METHODOLOGY
    • COMPARATIVE ANALYSIS ACROSS MARKET SEGMENTS
    • OPPORTUNITY MATRIX
    • GLOBAL VS APAC MARKET
    • S. VS APAC MARKET
    • EUROPE VS APAC MARKET
    • ROW VS APAC MARKET
  3. COMPANY PROFILES
    • ASTA SOLUTIONS (AUS)
    • BACCOR INC (JAPAN)
    • GATECOIN (HONG KONG)
    • EMURGO (JAPAN)
    • EXIOMS INC (INDIA)
    • HUOBI LTD (SINGAPORE)
    • INFINITY BLOCKCHAIN LABS (VIETNAM)
    • SIMPLYFI SOFTECH (INDIA)
    • DXMARKETS (SINGAPORE)
    • VECHAIN INC (CHINA)

 

LIST OF TABLES

  1. APAC BLOCK-CHAIN MARKET BY APPLICATION 2015-2024 ($ MILLION)
  2. APAC BLOCK-CHAIN MARKET BY PAYMENTS ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  3. APAC BLOCK-CHAIN MARKET BY EXCHANGES ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  4. APAC BLOCK-CHAIN MARKET BY OTHERS ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  5. APAC BLOCK-CHAIN MARKET BY PROVIDER 2015-2024 ($ MILLION)
  6. APAC BLOCK-CHAIN MARKET BY APPLICATION DEVELOPER ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  7. APAC BLOCK-CHAIN MARKET BY MIDDLEWARE ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  8. APAC BLOCK-CHAIN MARKET BY INFRASTRUCTURE ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  9. APAC BLOCK-CHAIN MARKET BY ENTERPRISE SIZE 2015-2024 ($ MILLION)
  10. APAC BLOCK-CHAIN MARKET BY LARGE ENTERPRISE ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  11. APAC BLOCK-CHAIN MARKET BY SMALL & MEDIUM ENTERPRISE ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  12. APAC BLOCK-CHAIN MARKET BY INDUSTRIAL VERTICAL 2015-2024 ($ MILLION)
  13. APAC BLOCK-CHAIN MARKET BY BFSI ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  14. APAC BLOCK-CHAIN MARKET BY HEALTHCARE ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  15. APAC BLOCK-CHAIN MARKET BY IT & TELECOM ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  16. APAC BLOCK-CHAIN MARKET BY MEDIA & ENTERTAINMENT ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  17. APAC BLOCK-CHAIN MARKET BY RETAIL ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  18. APAC BLOCK-CHAIN MARKET BY OTHERS ACROSS GEOGRAPHY 2015-2024 ($ MILLION)

LIST OF FIGURE

  1. APAC BLOCK-CHAIN MARKET BY PAYMENTS 2015-2024 ($ MILLION)
  2. APAC BLOCK-CHAIN MARKET BY EXCHANGES 2015-2024 ($ MILLION)
  3. APAC BLOCK-CHAIN MARKET BY OTHERS 2015-2024 ($ MILLION)
  4. APAC BLOCK-CHAIN MARKET BY APPLICATION DEVELOPER 2015-2024 ($ MILLION)
  5. APAC BLOCK-CHAIN MARKET BY MIDDLEWARE 2015-2024 ($ MILLION)
  6. APAC BLOCK-CHAIN MARKET BY INFRASTRUCTURE 2015-2024 ($ MILLION)
  7. APAC BLOCK-CHAIN MARKET BY LARGE ENTERPRISES 2015-2024 ($ MILLION)
  8. APAC BLOCK-CHAIN MARKET BY SMALL & MEDIUM ENTERPRISES 2015-2024 ($ MILLION)
  9. APAC BLOCK-CHAIN MARKET BY BFSI 2015-2024 ($ MILLION)
  10. APAC BLOCK-CHAIN MARKET BY HEALTHCARE 2015-2024 ($ MILLION)
  11. APAC BLOCK-CHAIN MARKET BY IT & TELECOM 2015-2024 ($ MILLION)
  12. APAC BLOCK-CHAIN MARKET BY MEDIA & ENTERTAINMENT 2015-2024 ($ MILLION)
  13. APAC BLOCK-CHAIN MARKET BY RETAIL 2015-2024 ($ MILLION)
  14. APAC BLOCK-CHAIN MARKET BY OTHERS 2015-2024 ($ MILLION)
  15. CHINA BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
  16. INDIA BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
  17. KOREA BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
  18. JAPAN BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
  19. AUSTRALIA BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
  20. THAILAND BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)
  21. REST OF ASIA PACIFIC BLOCK-CHAIN MARKET 2015-2024 ($ MILLION)

 

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