"Open & transparent" and "Collective maintenance" have laid a trust foundation for blockchain technology in the global market
The Global blockchain technology market is likely to grow at substantial CAGR in the forecast period from 2020-2027. The rise in demand for blockchain for simplifying the business processes and for supply chain management applications are vital factors estimated to fuel the global blockchain technology market. The vitality of blockchain technology depends on its real ability to serve socio-economic development. Through technological innovation, this technology is truly applied to more life and production scenarios and helps solve practical problems of socio-economic development. It is the future to maintain blockchain technology and the key to the healthy development of the industry.
Moreover, blockchain technology has the characteristics of centralization, immutability, traceability, openness, and transparency. In the field of bills and supply chain finance, blockchain can help reduce human intervention, reduce costs, and operational risks. Blockchain's point-to-point value transfer method eliminates the intervention of intermediaries, does not require specific physical notes or central system control verification, and solves the pain points of the industry caused by illegal operations and human operations. Furthermore, the growing applications for blockchain in payments, exchanges, documentation, and digital identities will boost the global blockchain market in the upcoming periods.
Additionally, the increasing demand for SMEs to streamline business processes and achieve greater efficiency, the SME sector is expected to contribute to the market share of blockchain technology in the forecast period. Further, the financial industry is one of the areas with the most outstanding application potential of blockchain technology, and digital currencies have become the focus of global attention. Huge investments by various governments in blockchain technology, such as the South Korean government's investment of USD Million in blockchain across various segments such as online voting, real estate, documentation, marine logistics, customs clearance, and livestock record management, will propel the blockchain market.
Product Overview in the Global Blockchain Technology Market
Based on Product, the global blockchain technology market classified into Public, Private, and Hybrid. The Public will propel the highest demand in the forecast period. It is owing to the benefits of public blockchain such as Open Read and Write distributed ledger, immutable, and secure data.
Application Overview in the Global Blockchain Technology Market
Based on Application, the global blockchain technology market classified into Digital Identity, Exchanges, Payments, Smart Contracts, and Supply Chain Management. The payment segment estimated to dominate the market due to the growing adoption of blockchain by various organizations to speed up the company transaction processes.
Component Overview in the Global Blockchain Technology market
Based on components, the global blockchain technology market categorized into Application & Solution, Infrastructure & Protocols, and Middleware. The infrastructure & protocol provider segment projected to lead the market on account of the growing demand for blockchain protocol such as Ethereum, Hyperledger, Openchain, and BigChainDB to developing the game.
Enterprise Overview in the Global Blockchain Technology market
Based on Enterprise, the global blockchain technology market bifurcated into Large-Enterprise, and Small & Medium Enterprise. The Small & Medium Enterprise segment expected to gain maximum share by 2027 owing to a surge in need for streamlining the business processes cost-effectively across SME.
Industry Vertical Overview in the global Blockchain Technology Market
Based on Industry Vertical, the global blockchain technology market classified into Healthcare & Life Sciences, IT & Telecom, Manufacturing, BFSI, Energy & Utilities, Telecom, Media & Entertainment, Retail & Consumer Goods, Travel and Transportation and Government. BFSI segment expected to bolster the market growth among other industries. Banks can improve credit reporting algorithms based on blockchain technology to improve the efficiency of identifying abnormal transactions. At the same time, this also changes the application mode of credit information. Through the real-time sharing of credit information based on the blockchain technology protocol, it improves the efficiency of data collection and approval by the approval agency.
Region Overview in the global Blockchain Technology Market
Based on geography, the global blockchain technology computing market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia-Pacific region will become the fastest-growing region in the forecast period. Owing to this, the financial institutions will increasingly adopt blockchain technology to minimize operating costs and simplify business operations, which will become an important factor for market growth in this region.
Global Blockchain Technology Market: Competitive Landscape
Companies such as IBM Corporation, Microsoft Corporation, Linux Foundation, BTL Group, R3, Chain Inc., Circle Internet Financial Limited, Deloitte, Global Arena Holding, Inc. (GAHI), Ripple, Post-Trade Distributed Ledger, Eric Industries D-Wave Systems Inc., Alphapoint, Asta Solutions Pty Ltd., Bacoor, Inc., Digiledge, Digital Asset Holdings, Exioms Technology Pvt. Ltd, Hewlett Packard Enterprises (HPE), and others are prominent players in the global blockchain technology market.
Global Blockchain Technology Market Report Content 1. Research Strategic Development 1.1. Market Modelling 1.2. Product Analysis 1.3. Market Trend and Economic Factors Analysis 1.4. Market Segmental Analysis 1.5. Geographical Mapping 1.6. Country Wise Segregation 2. Research Methodology 2.1. Identification of Target Market 2.2. Data Acquisition 2.3. Refining of Data/ Data Transformations 2.4. Data Validation through Primary Techniques 2.5. Exploratory Data Analysis 2.6. Graphical Techniques/Analysis 2.7. Quantitative Techniques/Analysis 2.8. Visual Result/Presentation 3. Executive Summary 4. Market Insights 4.1. Economic Factor Analysis 4.1.1. Drivers 4.1.2. Trends 4.1.3. Opportunities 4.1.4. Challenges 4.2. Technological Landscape 4.3. Competitors & Product Analysis 4.4. Regulatory Framework 4.5. Company market share analysis, 2019 4.6. Porter's Five forces analysis 4.7. New Investment Analysis 4.8. PESTEL Analysis 5. Global Blockchain Technology Market Overview 5.1. Market Size & Forecast, 2016-2027 5.1.1. Demand 5.1.1.1. By Value (USD Million) 5.2. Market Share & Forecast, 2016-2027 5.2.1. By Product 5.2.1.1. Public 5.2.1.2. Private 5.2.1.3. Hybrid 5.2.2. By Application 5.2.2.1. Digital Identity 5.2.2.2. Exchanges 5.2.2.3. Payments 5.2.2.4. Smart Contract 5.2.2.5. Supply Chain Management 5.2.2.6. Others 5.2.3. By Component 5.2.3.1. Application & Solution 5.2.3.2. Infrastructure & Protocols 5.2.3.3. Middleware 5.2.4. By Enterprise Size 5.2.4.1. Large-Enterprise 5.2.4.2. Small & Medium Enterprise 5.2.5. By Industry Vertical 5.2.5.1. Healthcare & Life Sciences 5.2.5.2. IT & Telecom 5.2.5.3. Manufacturing 5.2.5.4. BFSI 5.2.5.5. Energy & Utilities 5.2.5.6. Telecom, Media & Entertainment 5.2.5.7. Retail & Consumer Goods 5.2.5.8. Travel and Transportation 5.2.5.9. Government 5.2.5.10. Others 5.2.6. By Region 5.2.6.1. Europe 5.2.6.2. North America 5.2.6.3. Asia Pacific 5.2.6.4. South America 5.2.6.5. Middle East & Africa 6. Europe Blockchain Technology Market Overview 6.1. Europe Blockchain Technology Size & Forecast, 2016-2027 6.1.1. Demand 6.1.1.1. By Value (USD Million) 6.2. Europe Blockchain Technology Market Share & Forecast, 2016-2027 6.2.1. By Product 6.2.1.1. Public 6.2.1.2. Private 6.2.1.3. Hybrid 6.2.2. By Application 6.2.2.1. Digital Identity 6.2.2.2. Exchanges 6.2.2.3. Payments 6.2.2.4. Smart Contract 6.2.2.5. Supply Chain Management 6.2.2.6. Others 6.2.3. By Component 6.2.3.1. Application & Solution 6.2.3.2. Infrastructure & Protocols 6.2.3.3. Middleware 6.2.4. By Enterprise Size 6.2.4.1. Large-Enterprise 6.2.4.2. Small & Medium Enterprise 6.2.5. By Industry Vertical 6.2.5.1. Healthcare & Life Sciences 6.2.5.2. IT & Telecom 6.2.5.3. Manufacturing 6.2.5.4. BFSI 6.2.5.5. Energy & Utilities 6.2.5.6. Telecom, Media & Entertainment 6.2.5.7. Retail & Consumer Goods 6.2.5.8. Travel and Transportation 6.2.5.9. Government 6.2.5.10. Others 6.2.6. By Country 6.2.6.1. Germany 6.2.6.2. UK 6.2.6.3. France 6.2.6.4. Italy 6.2.6.5. Rest of Europe 6.2.7. Company Market Share (Top 3-5) 6.2.8. Economic Impact Study on Europe Blockchain Technology Market 7. North America Blockchain Technology Market Overview 7.1. North America Blockchain Technology Market Size & Forecast, 2016-2027 7.1.1. Demand 7.1.1.1. By Value (USD Million) 7.2. North America Blockchain Technology Market Share & Forecast, 2016-2027 7.2.1. By Product 7.2.1.1. Public 7.2.1.2. Private 7.2.1.3. Hybrid 7.2.2. By Application 7.2.2.1. Digital Identity 7.2.2.2. Exchanges 7.2.2.3. Payments 7.2.2.4. Smart Contract 7.2.2.5. Supply Chain Management 7.2.2.6. Others 7.2.3. By Component 7.2.3.1. Application & Solution 7.2.3.2. Infrastructure & Protocols 7.2.3.3. Middleware 7.2.4. By Enterprise Size 7.2.4.1. Large-Enterprise 7.2.4.2. Small & Medium Enterprise 7.2.5. By Industry Vertical 7.2.5.1. Healthcare & Life Sciences 7.2.5.2. IT & Telecom 7.2.5.3. Manufacturing 7.2.5.4. BFSI 7.2.5.5. Energy & Utilities 7.2.5.6. Telecom, Media & Entertainment 7.2.5.7. Retail & Consumer Goods 7.2.5.8. Travel and Transportation 7.2.5.9. Government 7.2.5.10. Others 7.2.6. By Country 7.2.6.1. US 7.2.6.2. Canada 7.2.6.3. Mexico 7.2.7. Company Market Share (Top 3-5) 7.2.8. Economic Impact Study on North America Blockchain Technology Market 8. Asia Pacific Blockchain Technology Market Overview 8.1. Asia Pacific Blockchain Technology Market Size & Forecast, 2016-2027 8.1.1. Demand 8.1.1.1. By Value (USD Million) 8.2. Asia Pacific Blockchain Technology Market Share & Forecast, 2016-2027 8.2.1. By Product 8.2.1.1. Public 8.2.1.2. Private 8.2.1.3. Hybrid 8.2.2. By Application 8.2.2.1. Digital Identity 8.2.2.2. Exchanges 8.2.2.3. Payments 8.2.2.4. Smart Contract 8.2.2.5. Supply Chain Management 8.2.2.6. Others 8.2.3. By Component 8.2.3.1. Application & Solution 8.2.3.2. Infrastructure & Protocols 8.2.3.3. Middleware 8.2.4. By Enterprise Size 8.2.4.1. Large-Enterprise 8.2.4.2. Small & Medium Enterprise 8.2.5. By Industry Vertical 8.2.5.1. Healthcare & Life Sciences 8.2.5.2. IT & Telecom 8.2.5.3. Manufacturing 8.2.5.4. BFSI 8.2.5.5. Energy & Utilities 8.2.5.6. Telecom, Media & Entertainment 8.2.5.7. Retail & Consumer Goods 8.2.5.8. Travel and Transportation 8.2.5.9. Government 8.2.5.10. Others 8.2.6. By Country 8.2.6.1. China 8.2.6.2. India 8.2.6.3. Japan 8.2.6.4. Australia 8.2.6.5. Rest of Asia Pacific 8.2.7. Company Market Share (Top 3-5) 8.2.8. Economic Impact Study on Asia Pacific Blockchain Technology Market 9. South America Blockchain Technology Market Overview 9.1. South America Blockchain Technology Market Size & Forecast, 2016-2027 9.1.1. Demand 9.1.1.1. By Value (USD Million) 9.2. South America Blockchain Technology Market Share & Forecast, 2016-2027 9.2.1. By Product 9.2.1.1. Public 9.2.1.2. Private 9.2.1.3. Hybrid 9.2.2. By Application 9.2.2.1. Digital Identity 9.2.2.2. Exchanges 9.2.2.3. Payments 9.2.2.4. Smart Contract 9.2.2.5. Supply Chain Management 9.2.2.6. Others 9.2.3. By Component 9.2.3.1. Application & Solution 9.2.3.2. Infrastructure & Protocols 9.2.3.3. Middleware 9.2.4. By Enterprise Size 9.2.4.1. Large-Enterprise 9.2.4.2. Small & Medium Enterprise 9.2.5. By Industry Vertical 9.2.5.1. Healthcare & Life Sciences 9.2.5.2. IT & Telecom 9.2.5.3. Manufacturing 9.2.5.4. BFSI 9.2.5.5. Energy & Utilities 9.2.5.6. Telecom, Media & Entertainment 9.2.5.7. Retail & Consumer Goods 9.2.5.8. Travel and Transportation 9.2.5.9. Government 9.2.5.10. Others 9.2.6. By Country 9.2.6.1. Brazil 9.2.6.2. Argentina 9.2.6.3. Rest of South America 9.2.7. Company Market Share (Top 3-5) 9.2.8. Economic Impact Study on South America Blockchain Technology Market 10. Middle East & Africa Blockchain Technology Market Overview 10.1. Middle East & Africa Blockchain Technology Market Size & Forecast, 2016-2027 10.1.1. Demand 10.1.1.1. By Value (USD Million) 10.2. Middle East & Africa Blockchain Technology Market Share & Forecast, 2016-2027 10.2.1. By Product 10.2.1.1. Public 10.2.1.2. Private 10.2.1.3. Hybrid 10.2.2. By Application 10.2.2.1. Digital Identity 10.2.2.2. Exchanges 10.2.2.3. Payments 10.2.2.4. Smart Contract 10.2.2.5. Supply Chain Management 10.2.2.6. Others 10.2.3. By Component 10.2.3.1. Application & Solution 10.2.3.2. Infrastructure & Protocols 10.2.3.3. Middleware 10.2.4. By Enterprise Size 10.2.4.1. Large-Enterprise 10.2.4.2. Small & Medium Enterprise 10.2.5. By Industry Vertical 10.2.5.1. Healthcare & Life Sciences 10.2.5.2. IT & Telecom 10.2.5.3. Manufacturing 10.2.5.4. BFSI 10.2.5.5. Energy & Utilities 10.2.5.6. Telecom, Media & Entertainment 10.2.5.7. Retail & Consumer Goods 10.2.5.8. Travel and Transportation 10.2.5.9. Government 10.2.5.10. Others 10.2.6. By Country 10.2.6.1. Saudi Arabia 10.2.6.2. UAE 10.2.6.3. South Africa 10.2.6.4. Rest of Middle East & Africa 10.2.7. Company Market Share (Top 3-5) 10.2.8. Economic Impact Study on Middle East & Africa Blockchain Technology Market 11. Competitor Analysis 11.1. Company Description 11.2. Financial Analysis 11.3. Key Products 11.4. Key Management Personnel 11.5. Contact Address 11.6. SWOT Analysis 11.7. Company Profile 11.7.1. IBM Corporation 11.7.2. Microsoft Corporation 11.7.3. Linux Foundation 11.7.4. R3 11.7.5. BTL Group 11.7.6. Chain Inc. 11.7.7. Deloitte 11.7.8. Circle Internet Financial Limited 11.7.9. Global Arena Holding, Inc. (GAHI) 11.7.10. Post-Trade Distributed Ledger 11.7.11. Ripple 11.7.12. Eric Industries D-Wave Systems Inc. 11.7.13. Alphapoint 11.7.14. Asta Solutions Pty Ltd. 11.7.15. Bacoor, Inc. 11.7.16. Digiledge 11.7.17. Digital Asset Holdings 11.7.18. Exioms Technology Pvt. Ltd 11.7.19. Hewlett Packard Enterprises (HPE) 11.7.20. Other Prominent Players
| Price : US$ 3500 | Date : Apr 2024 |
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| Category : Energy, Mining and Utilities | Pages : 149 |
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| Category : Telecom and IT | Pages : 150 |
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| Category : Electronics | Pages : 252 |
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