Decentralized Finance Market By Component (Blockchain Technology, Decentralized Applications, Smart Contracts), By Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Decentralized Finance Market," The decentralized finance market was valued at $13.8 billion in 2022, and is estimated to reach $497.9 billion by 2032, growing at a CAGR of 43.4% from 2023 to 2032.

Decentralized finance is a sector within the overall cryptocurrency and blockchain industry focused on providing a decentralized version of mainstream financial opportunities. In the mainstream world, financial institutions offer customers access to opportunities such as cash storage and loans. However, these offerings are governed by centralized entities. With the help of distributed ledger technology, or DLT, DeFi solutions offer a number of the same opportunities, but they are controlled by a large number of participants who abide by rules enforced by smart contracts.

The exponential growth of the decentralized finance (DeFi) market can be attributed to the simultaneous increase in spending and adoption of blockchain technology. DeFi leverages blockchain's fundamental features, including transparency, security, and immutability, to create a decentralized ecosystem that offers financial services without intermediaries. As spending on blockchain technology rises, more robust and scalable platforms are developed, facilitating the expansion of DeFi applications. This, in turn, attracts a wider user base, driving adoption. Furthermore, an increase in the adoption of digitalized finance services and the availability of unbanked people create a new target audience which is driving the market growth However, Data privacy and regulatory concerns present significant hurdles to the growth of the decentralized finance (DeFi) market. In a landscape where transactions occur directly between users without intermediaries, privacy becomes a paramount concern. Furthermore, the decentralized finance (DeFi) market has been experiencing rapid growth due to the emergence of innovative financial products and developments. One key factor driving this expansion is the proliferation of yield farming protocols. These platforms allow users to provide liquidity to various liquidity pools and earn rewards in the form of tokens which is expected to create growth opportunities.

The decentralized finance market is segmented on the basis of component, application, and region. Based on component, the market is segmented into blockchain technology, decentralized applications (dApps), and smart contracts. On the basis of application, it is segmented into decentralized exchanges, compliance and identity, marketplaces and liquidity, payments, data and analytics, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report analyzes the profiles of key players operating in the decentralized finance market such as Accenture, Binance, BlockFi, Coinbase, Compound Labs, Inc., Gemini Trust Company, LLC., IBM Corporation, Payward, Inc., RisingMax, and TATA Consultancy Services Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the decentralized finance market.

Key Benefits for Stakeholders

The study provides in-depth analysis of the global decentralized finance market along with the current & future trends to illustrate the imminent investment pockets.
Information about key drivers, restraints, & opportunities and their impact analysis on the global decentralized finance market size are provided in the report.
Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global decentralized finance market from 2022 to 2032 is provided to determine the market potential.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)

Investment Opportunities
Market share analysis of players by products/segments
Regulatory Guidelines
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Market share analysis of players at global/region/country level
SWOT Analysis

Key Market Segments

By Component

Blockchain Technology
Decentralized Applications (dApps)
Smart Contracts

By Application

Decentralized Exchanges
Compliance and Identity
Marketplaces and Liquidity
Payments
Data and Analytics
Others

By Region

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

Compound Labs, Inc.
Payward, Inc.
RisingMax
Accenture
Coinbase
Tata Consultancy Services Limited
BlockFi
Gemini Trust Company, LLC.
Binance Limited
IBM Corporation

Product Code: A200418

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increase in spending on blockchain technology
  - 3.4.1.2. Increase in adoption of digitized financial services
  - 3.4.1.3. High access to people who are unbanked

3.4.2. Restraints
- 3.4.2.1. Interoperability issues between different DeFi platforms
- 3.4.2.2. Data privacy and regulatory concerns

3.4.3. Opportunities
- 3.4.3.1. Growth in innovation in financial products and services

3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: DECENTRALIZED FINANCE MARKET, BY COMPONENT

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Blockchain Technology
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Decentralized Applications (dApps)
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Smart Contracts
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country

CHAPTER 5: DECENTRALIZED FINANCE MARKET, BY APPLICATION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Decentralized Exchanges
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Compliance and Identity
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Marketplaces and Liquidity
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Payments
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Data and Analytics
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
5.7. Others
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country

CHAPTER 6: DECENTRALIZED FINANCE MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Component
- 6.2.3. Market size and forecast, by Application
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Market size and forecast, by Component
  - 6.2.4.1.2. Market size and forecast, by Application
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Market size and forecast, by Component
  - 6.2.4.2.2. Market size and forecast, by Application
6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Component
- 6.3.3. Market size and forecast, by Application
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. UK
  - 6.3.4.1.1. Market size and forecast, by Component
  - 6.3.4.1.2. Market size and forecast, by Application
  - 6.3.4.2. Germany
  - 6.3.4.2.1. Market size and forecast, by Component
  - 6.3.4.2.2. Market size and forecast, by Application
  - 6.3.4.3. France
  - 6.3.4.3.1. Market size and forecast, by Component
  - 6.3.4.3.2. Market size and forecast, by Application
  - 6.3.4.4. Italy
  - 6.3.4.4.1. Market size and forecast, by Component
  - 6.3.4.4.2. Market size and forecast, by Application
  - 6.3.4.5. Spain
  - 6.3.4.5.1. Market size and forecast, by Component
  - 6.3.4.5.2. Market size and forecast, by Application
  - 6.3.4.6. Rest of Europe
  - 6.3.4.6.1. Market size and forecast, by Component
  - 6.3.4.6.2. Market size and forecast, by Application
6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Component
- 6.4.3. Market size and forecast, by Application
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Market size and forecast, by Component
  - 6.4.4.1.2. Market size and forecast, by Application
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Market size and forecast, by Component
  - 6.4.4.2.2. Market size and forecast, by Application
  - 6.4.4.3. India
  - 6.4.4.3.1. Market size and forecast, by Component
  - 6.4.4.3.2. Market size and forecast, by Application
  - 6.4.4.4. Australia
  - 6.4.4.4.1. Market size and forecast, by Component
  - 6.4.4.4.2. Market size and forecast, by Application
  - 6.4.4.5. South Korea
  - 6.4.4.5.1. Market size and forecast, by Component
  - 6.4.4.5.2. Market size and forecast, by Application
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Market size and forecast, by Component
  - 6.4.4.6.2. Market size and forecast, by Application
6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Component
- 6.5.3. Market size and forecast, by Application
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Latin America
  - 6.5.4.1.1. Market size and forecast, by Component
  - 6.5.4.1.2. Market size and forecast, by Application
  - 6.5.4.2. Middle East
  - 6.5.4.2.1. Market size and forecast, by Component
  - 6.5.4.2.2. Market size and forecast, by Application
  - 6.5.4.3. Africa
  - 6.5.4.3.1. Market size and forecast, by Component
  - 6.5.4.3.2. Market size and forecast, by Application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. Accenture
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
8.2. Binance Limited
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
8.3. BlockFi
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
8.4. Coinbase
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
8.5. Compound Labs, Inc.
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Key strategic moves and developments
8.6. Gemini Trust Company, LLC.
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
8.7. IBM Corporation
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
8.8. Payward, Inc.
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
8.9. RisingMax
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Key strategic moves and developments
8.10. Tata Consultancy Services Limited
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance