Market Insights Financial Digital Assets

DeFi - Burundi

Burundi

The DeFi market in Burundi is expected to witness substantial growth in the coming years.
According to projections, the revenue of the DeFi market is estimated to reach US$383.4 Burundian francs by 2024.
This represents a significant increase in revenue compared to the current levels.
Furthermore, it is anticipated that the DeFi market will experience a steady annual growth rate (CAGR 2024-2025) of -1.64%.
Based on this growth rate, the projected total revenue in the DeFi market is expected to reach US$377.1 Burundian francs by 2025.
This demonstrates the potential for substantial expansion in the market.
In terms of average revenue per user, it is estimated that each user in the DeFi market will contribute US$0.2 Burundian francs in 2024.
This metric provides insights into the average spending patterns of users within the market.
When comparing the DeFi market globally, it is worth noting that United States currently holds the highest revenue in the industry.
In 2024, the revenue United States is projected to reach a staggering US$73,350.0k Burundian francs.
This highlights the dominance of the United States in the DeFi market landscape.
Looking specifically at user numbers, it is expected that the DeFi market in Burundi will witness a significant increase in the number of users.
By 2025, the number of users is projected to reach 1,901.00users.
This indicates a growing interest and adoption of DeFi market services among the population.
In terms of user penetration, the DeFi market in Burundi is currently at a nascent stage.
In 2024, the user penetration is expected to be 0.01%.
However, as the market evolves and awareness of DeFi market grows, it is anticipated that user penetration will reach 0.01% by 2025.
Overall, the DeFi market in Burundi shows promising potential for growth and development.
The projected revenue figures and user numbers indicate a positive trajectory for the market in the coming years.
Burundi's DeFi market is slowly gaining ground, with local investors showing interest in decentralized lending and borrowing platforms.

Key regions: Brazil, South Korea, India, France, Japan

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Analyst Opinion

The DeFi (Decentralized Finance) market is currently experiencing significant growth and innovation. One current trend is the rise of decentralized exchanges (DEXs), which allow users to trade cryptocurrencies without a central authority. Another trend is the emergence of yield farming, where users can earn rewards for providing liquidity to DeFi protocols. Additionally, the integration of non-fungible tokens (NFTs) into DeFi is also gaining popularity, allowing for new ways to collateralize assets.
The growth of the DeFi market is driven by several factors, including the increasing demand for decentralized financial services that are more accessible, transparent, and inclusive than traditional finance. Additionally, the flexibility and programmability of blockchain technology enable the creation of new financial instruments and services that were previously impossible. The availability of decentralized lending, borrowing, and trading platforms also contributes to the growth of DeFi, allowing users to interact with financial markets in a more decentralized and permissionless way.
Looking ahead, the DeFi market is expected to continue growing. Factors that are expected to drive this growth include the ongoing development of new DeFi use cases and applications, the increasing adoption of cryptocurrency by mainstream investors, and the continued emergence of new DeFi platforms and protocols. However, the market is also likely to face challenges, such as regulatory uncertainty and security concerns, which could impact its growth in the coming years.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on transaction values / revenues / assets under management and user data of relevant services and products offered within the FinTech market.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, population, internet penetration, smartphone penetration, credit card penetration, and online banking penetration. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.