India Blockchain Technology Market (2018-2023)

India Blockchain Technology Market

Blockchain technology is used to record Bitcoin transactions via a global network of computer. It is a continuously growing list of blocks (records) that are linked and secured using cryptography. Each new block created is connected to the previous block via a "cryptographic Hash". Blockchain technology is expected to see an increasing adoption among the Indian banks. Private and public companies are exploring blockchain to improve efficiency to ensure transparency.

56% of Indian businesses are moving towards Blockchain technology, making the technology a part of their core business. The key areas the technology is expected to make its maximum impact are payment and fund transfer, post-trade settlements, and digital identity. State governments are conducting trials within their departments. The government of Andhra Pradesh collaborated with various Blockchain start-ups such as Snapper Technologies, and SimpleFy to explore the administrative processes. The state government of Andhra Pradesh is going to integrate its own e-program with Blockchain technology by 2019.

By industry, Blockchain technology has a wide range of applications in India. Finance minister Arun Jaitley stated that the government is looking forward to utilizing Blockchain technology across various sectors to streamline the activities. The Banking and Financial Services sector is expected to make the maximum use of this technology. The Indian government is making a massive investments in the healthcare sector to provide health coverage to low-income families. Blockchain technology is expected to drive this initiative.

Key growth factors:
o The digital adoption in India is one of the major factors driving Blockchain technology adoption.
o Accordingly the report of ASSOCHAM, about 19% of the Indian population is without bank accounts. Blockchain technology is expected help this part of population create digital identities and help them access banking and financial services.

Threats and key players:
o Adoption of Blockchain technology faces severe challenges. The major reason is lack of awareness with regard to nature of Blockchain platforms.
o The other challenges are integrating challenges, selection of vendor/ platform
o The top five Blockchain developers in India are S-PRO, Consagous Technologies, 10Clouds, Sofocle Technologies, and Sate Development.
o The top Blockchain consulting firms are Microsoft Corporation, Deloitte, Tata Consultancy Services, and Wipro

What's covered in the report?
o Overview of the India Blockchain Technology Market
o The current and forecasted market size data for the India Blockchain Technology Market
o The current and forecasted market size data for the segments of the market, by industries- BFS (Banking and Financial services), Insurance, Supply Chain, Healthcare, others
o Market trends in the India Blockchain Technology Market
o Market drivers and challenges in India Blockchain technology market
o Analysis of company profiles of the major players operating in the market

Why buy?
o Get a broad understanding of the India Blockchain Technology Market and its segments- by Industries
o Get region-specific drivers and challenges affecting the India Blockchain technology market
o Recognize significant competitors' business and market dynamics, and respond accordingly

Customizations Available
With the given market data, Netscribes offers customizations according to specific needs. Write to us at [email protected]
Chapter 1: Executive summary
1.1 Market scope and segmentation
1.2 Key questions answered in this study
1.3 Executive summary

Chapter 2: Introduction
2.1. Blockchain technology-Functionality
2.2. Blockchain application
2.3. Blockchain use cases
2.4. Value chain-Blockchain technology market

Chapter 3: India Blockchain Technology Market overview
3.1. Market overview - Key observations, global historical (2016-2017) and forecasted (2018-2023) market size (USD bn)
3.2. Market trends
3.3. Market drivers

Chapter 4: India Blockchain Technology Market by industry
4.1. India segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries - Industry overview, market share

Chapter 5: Company profiles- Blockchain Consulting Firm
5.1. Microsoft Corporation (*)
o Company Snapshot
o Key People
o Financial Standing
o Blockchain Offering
o Focus Area
o Recent Initiatives
o Key Verticals
o Geographical Presence
5.2. Deloitte
5.3. Tata Communication Services
5.4. Wipro
(*) all the information are similar to the above company

Chapter 6: Company Profile- Blockchain Developers
6.1. S-PRO(*)
o Overview
o Key People
o Investor
o Client/Partners
o Recent Initiatives
6.2. Consagous Technologies
6.3. 10Clouds
6.4. Sofocle Technologies
6.5. Sate Development
(*) all the information are similar to the above company

Chapter 7: Conclusion
7.1. Blockchain Opportunities
7.2. Conclusion

Appendix
1. List of Tables
2. Research Methodology
3. Assumptions
4. About Netscribes Inc

Disclaimer: The Table of Contents (ToC) provided above contains the targeted coverage. The coverage is subject to change as we progress with the research.

India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism to Gulf Cooperation Council (GCC) Countries - Market Trends and Opportunities to 2025

Published Date : Aug 2019

India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism Market to Gulf Cooperation Council (GCC) Countries is set to surpass US$ 5 Billion by 2025. "India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism to Gulf Cooperation Council (GCC) ...

Growth Opportunities in the India Outbound Tourism Market to GCC Countries

Published Date : Aug 2019

India outbound tourism market to GCC countries is expected to reach US$ 24 Billion threshold by 2025. "Growth Opportunities in the India Outbound Tourism Market to GCC Countries" provides a comprehensive analysis of the actual market situation and future outlook for the India outbound t...

Global Food Enzymology Market Research Report 2019-2023

Published Date : Aug 2019

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Food Enzymology Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional...

Global Autonomous Material Handling Equipment Market Research Report 2019-2023

Published Date : Aug 2019

In order to reduce the risks and improve efficiency, industries all over the world are searching for better means of material handling. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Autonomous Material Handling Equip...

Global HIV/HBV/HCV Test Kits Market Research Report 2019-2023

Published Date : Aug 2019

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. HIV/HBV/HCV Test Kits Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major re...

Global Home Sleep Apnea Testing Devices Market Research Report 2019-2023

Published Date : Aug 2019

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Home Sleep Apnea Testing Devices Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world...

Global Brachytherapy Catheter Market Research Report 2019-2023

Published Date : Aug 2019

Brachytherapy is a form of radiotherapy where a sealed radiation source is placed inside or next to the area requiring treatment. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Brachytherapy Catheter Report by Materia...

Global Stent Delivery System Market Research Report 2019-2023

Published Date : Aug 2019

A stent delivery system for use in placing a stent within the prostatic urethra and ensuring that the stent does not interfere with the closure of the bladder neck sphincter. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this mar...

Global FFS Packaging Machine Market Research Report 2019-2023

Published Date : Aug 2019

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. FFS Packaging Machine Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major re...

Global Bluetooth Adapters Market Research Report 2019-2023

Published Date : Aug 2019

Bluetooth adapters have a different operational range, and the higher it is, the greater the distance can be between your gadgets and the adapter that is connected to your PC or a laptop. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influenc...

 

Select License :

  • Single User : $950

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.