NEW YORK, Aug. 17, 2023 /PRNewswire/ — The global decentralized finance market size is estimated to increase by USD 99,652 million from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 40.32% during the forecast period. Discover some insights on market size, historic period (2017 to 2021) and forecast market data (2023 to 2027) before buying the full report –Request a sample report

Decentralized finance market – Company Analysis
Company Landscape – The global decentralized finance market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer decentralized finance in the market are Avalanche BVI Inc., Avara UI Labs Ltd., Balancer Foundation, BitMart, Brokoli OU, CardanoCube.io, Coinbase Global Inc., Compound Protocol, CoW DaO, DEFICHAIN FOUNDATION LTD., Goldfinch Technology Co., HydraDX, Jeeves Information Systems AB, PERI Finance, Polkastarter, Polygon Labs, Stichting AllianceBlock Foundation, Sushi, Synthetix DAO, and The Huobi Platform and others.

What’s New? –

• Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!

Company Offerings –

• Balancer Foundation – The company offers decentralized finance through DeFi liquidity Curve.
• Brokoli OU – The company offers decentralized finance through NFTrees and Bitcoins.
• Coinbase Global Inc. – The company offers decentralized finance through various platforms such as BitCoin, Ethereum, and Solana.
• For details on the company and its offerings – Request a sample report

Decentralized finance market – Segmentation Assessment
Segment Overview
Technavio has segmented the market based on the component (blockchain technology, decentralized application, and smart contracts), application (data and analytics, assets tokenization, payment, and others), and geography (Europe, APAC, South America, and Middle East and Africa).

• The market share growth by the blockchain technology segment will be significant during the forecast period. Blockchain technology is a leading innovation in the finance industry, mainly adopted to reduce fraud, ensure quick and secure transactions and financial operations. Furthermore, it helps to manage risk within the interconnected global financial system. Furthermore, in July 2021, Oracle Financial Services Software Ltd, a unit of Oracle Corp., teamed up with financial technology provider Everest to bring blockchain to banks worldwide to enhance their product offering. Hence, such factors boost the blockchain technology segment of the decentralized finance market during the forecast period.

Geography Overview
By geography, the global decentralized finance market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global decentralized finance market.

• North America is estimated to contribute 57% to the global market growth. Countries such as the US and Canada are among the key countries contributing to the growth of the regional market in focus. Furthermore, the ever-expanding startups further exemplify the attractiveness of the market in Silicon Valley. Such factors have made the US one of the leading countries in the regional market. Additionally, the presence of key vendors such as HydraDX and Compound Protocol has contributed significantly to decentralized finance technology. Hence, such factors drive the decentralized finance market in the North American region during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 – Download a Sample Report

Decentralized finance market – Market Dynamics

Leading Drivers – The rising investment in digital assets drives the decentralized finance market. 

Key Trends – Increasing adoption of technology with decentralized finance is an emerging market trend. 

Major challenges – Data privacy and security concerns challenge the growth of the decentralized finance market. Decentralized finance service providers gather personal data and information about customers using cookies. This is done to customize the advertising messages and thereby target the key audience. Since smartphones are used in monetary transactions in real-time, data theft can lead to financial losses for consumers. Hence, such factors impede the growth of the decentralized finance market growth during the forecast period.

Drivers, Trends, and Challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this decentralized finance market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the decentralized finance market between 2023 and 2027
• Precise estimation of the size of the decentralized finance market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the decentralized finance market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of decentralized finance market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global decentralized finance market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on global decentralized finance market 2017 – 2021 ($ million)

• 4.2 Component Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Component Segment 2017 – 2021 ($ million)

• 4.3 Application Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Component

• 6.1 Market segments
• Exhibit 30: Chart on Component – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Component – Market share 2022-2027 (%)

• 6.2 Comparison by Component 
• Exhibit 32: Chart on Comparison by Component
• Exhibit 33: Data Table on Comparison by Component

• 6.3 Blockchain technology – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Blockchain technology – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Blockchain technology – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Blockchain technology – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Blockchain technology – Year-over-year growth 2022-2027 (%)

• 6.4 Decentralized application – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Decentralized application – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Decentralized application – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Decentralized application – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Decentralized application – Year-over-year growth 2022-2027 (%)

• 6.5 Smart contracts – Market size and forecast 2022-2027 
• Exhibit 42: Chart on Smart contracts – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Smart contracts – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Smart contracts – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Smart contracts – Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Component 
• Exhibit 46: Market opportunity by Component ($ million)
• Exhibit 47: Data Table on Market opportunity by Component ($ million)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 48: Chart on Application – Market share 2022-2027 (%)
• Exhibit 49: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 50: Chart on Comparison by Application
• Exhibit 51: Data Table on Comparison by Application

• 7.3 Data and analytics – Market size and forecast 2022-2027 
• Exhibit 52: Chart on Data and analytics – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Data and analytics – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Data and analytics – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Data and analytics – Year-over-year growth 2022-2027 (%)

• 7.4 Assets tokenization – Market size and forecast 2022-2027 
• Exhibit 56: Chart on Assets tokenization – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Assets tokenization – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Assets tokenization – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Assets tokenization – Year-over-year growth 2022-2027 (%)

• 7.5 Payment – Market size and forecast 2022-2027 
• Exhibit 60: Chart on Payment – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Payment – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Payment – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Payment – Year-over-year growth 2022-2027 (%)

• 7.6 Others – Market size and forecast 2022-2027 
• Exhibit 64: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 68: Market opportunity by Application ($ million)
• Exhibit 69: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027 
• Exhibit 75: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027 
• Exhibit 79: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027 
• Exhibit 83: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027 
• Exhibit 87: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 91: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 95: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027 
• Exhibit 99: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 UK – Market size and forecast 2022-2027 
• Exhibit 103: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.11 Canada – Market size and forecast 2022-2027 
• Exhibit 107: Chart on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Canada – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Canada – Year-over-year growth 2022-2027 (%)

• 9.12 Germany – Market size and forecast 2022-2027 
• Exhibit 111: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

• 11.2 Vendor landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Avara UI Labs Ltd.
• Exhibit 123: Avara UI Labs Ltd. – Overview
• Exhibit 124: Avara UI Labs Ltd. – Product / Service
• Exhibit 125: Avara UI Labs Ltd. – Key offerings

• 12.4 Balancer Foundation
• Exhibit 126: Balancer Foundation – Overview
• Exhibit 127: Balancer Foundation – Product / Service
• Exhibit 128: Balancer Foundation – Key offerings

• 12.5 Brokoli OU
• Exhibit 129: Brokoli OU – Overview
• Exhibit 130: Brokoli OU – Product / Service
• Exhibit 131: Brokoli OU – Key offerings

• 12.6 Coinbase Global Inc.
• Exhibit 132: Coinbase Global Inc. – Overview
• Exhibit 133: Coinbase Global Inc. – Product / Service
• Exhibit 134: Coinbase Global Inc. – Key offerings

• 12.7 Compound Protocol
• Exhibit 135: Compound Protocol – Overview
• Exhibit 136: Compound Protocol – Product / Service
• Exhibit 137: Compound Protocol – Key offerings

• 12.8 CoW DaO
• Exhibit 138: CoW DaO – Overview
• Exhibit 139: CoW DaO – Product / Service
• Exhibit 140: CoW DaO – Key offerings

• 12.9 Goldfinch Technology Co. 
• Exhibit 141: Goldfinch Technology Co. – Overview
• Exhibit 142: Goldfinch Technology Co. – Product / Service
• Exhibit 143: Goldfinch Technology Co. – Key offerings

• 12.10 HydraDX
• Exhibit 144: HydraDX – Overview
• Exhibit 145: HydraDX – Product / Service
• Exhibit 146: HydraDX – Key offerings

• 12.11 Jeeves Information Systems AB 
• Exhibit 147: Jeeves Information Systems AB – Overview
• Exhibit 148: Jeeves Information Systems AB – Product / Service
• Exhibit 149: Jeeves Information Systems AB – Key offerings

• 12.12 PERI Finance
• Exhibit 150: PERI Finance – Overview
• Exhibit 151: PERI Finance – Product / Service
• Exhibit 152: PERI Finance – Key offerings

• 12.13 Polygon Labs
• Exhibit 153: Polygon Labs – Overview
• Exhibit 154: Polygon Labs – Product / Service
• Exhibit 155: Polygon Labs – Key offerings

• 12.14 Stichting AllianceBlock Foundation 
• Exhibit 156: Stichting AllianceBlock Foundation – Overview
• Exhibit 157: Stichting AllianceBlock Foundation – Product / Service
• Exhibit 158: Stichting AllianceBlock Foundation – Key offerings

• 12.15 Sushi
• Exhibit 159: Sushi – Overview
• Exhibit 160: Sushi – Product / Service
• Exhibit 161: Sushi – Key offerings

• 12.16 Synthetix DAO
• Exhibit 162: Synthetix DAO – Overview
• Exhibit 163: Synthetix DAO – Product / Service
• Exhibit 164: Synthetix DAO – Key offerings

• 12.17 The Huobi Platform
• Exhibit 165: The Huobi Platform – Overview
• Exhibit 166: The Huobi Platform – Product / Service
• Exhibit 167: The Huobi Platform – Key offerings

13 Appendix

• 13.2 Inclusions and exclusions checklist 
• Exhibit 168: Inclusions checklist
• Exhibit 169: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 170: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 171: Research methodology
• Exhibit 172: Validation techniques employed for market sizing
• Exhibit 173: Information sources

• 13.5 List of abbreviations 
• Exhibit 174: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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