Global Blockchain Market report can be better employed by both traditional and new players in the industry for complete know how of the market. Global Blockchain Market report brings into focus important industry trends, market size, market share estimates, and sales volume that assist ICT industry to speculate the strategies to increase return on investment (ROI). Moreover, the Global Blockchain Market report holds a substantial importance when it is about explaining market definition, classifications, applications and engagements. With the study of competitor analysis conducted in Global Blockchain Market report, ICT industry can get fluency of the strategies of key players in the market that includes new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions.
Global Blockchain Market accounted for USD 242.4 million in 2017 and is projected to grow at a CAGR of 79.9% during the forecast period of 2018 to 2025.
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This market report defines the trends and forecast the upcoming opportunities and threats of the blockchain market in the upcoming 8 years. Blockchain is just a digitalized immutable ledger of economic transactions which can record not only the financial transactions but everything related to value. It can be used during payments, smart contracts, digital identity risk and compliance management and many more. One of the major factors such as increase in the adoption of blockchain technology is driving the market demand. This has increased the annual savings for banks and also has reduced infrastructure cost. For instance, According to DMR, around USD 8-12 billion were reported as annual savings for the banks who have utilized blockchain technology.
Major Market Drivers and Restraints:
- Helps in total ownership cost reduction, transparency, and faster transaction
- Growth in blockchain services
- Increase in the adoption of blockchain technology with respect to payments, digital identities and smart contracts
- Introduction of new breed of programmable blockchain platforms
- Inventions regarding internet of things (IOT)
- Lack of standard and indefinite regulatory norms
Global Blockchain Market Major Competitors:
Some of the major players in global blockchain market are IBM Corporation, Microsoft Corporation, AWS, Digital Asset Holdings, Earthport, BTL Group, Chain, Inc., Factom, Ripple, Alphapoint, Bitfury, Coinbase and Abra among others.
Global Blockchain Market Segmentation:
- The global blockchain market is segmented based on organization size, applications, end users and geographical segments.
- Based on organization size, the global blockchain market is segmented into small and medium sized enterprise and large sized enterprise.
- On the basis of application, the global blockchain market is segmented into payments, documentation, smart contracts, digital identity, exchanges, governance, risk, and compliance management, supply chain management and others.
- On the basis of end users, the global blockchain market is segmented into government and public sector, healthcare and life sciences, banking, financial services and insurance, transportation and logistics, retail and ecommerce, media and entertainment, IT and telecommunication, travel and hospitality, real estate and others.
- Based on geography, the global blockchain market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Global Blockchain Market Competitive Landscape:
The Global Blockchain Market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
- Market Ecosystem
- Market Characteristics
- Market Segmentation Analysis
Part 05: Pipeline Analysis
Part 06: Market Sizing
- Market Definition
- Market Sizing
- Market Size And Forecast
Part 07: Five Forces Analysis
- Bargaining Power Of Buyers
- Bargaining Power Of Suppliers
- Threat Of New Entrants
- Threat Of Substitutes
- Threat Of Rivalry
- Market Condition
Part 08: Market Segmentation
- Market Opportunity
Part 09: Customer Landscape
Part 10: Regional Landscape
- Geographical Segmentation
- Regional Comparison
- North America
- South America
- Market Opportunity
Part 11: Decision Framework
Part 12: Drivers and Challenges
- Market Drivers
- Market Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
- Landscape Disruption
Part 15: Vendor Analysis
- Vendors Covered
- Vendor Classification
- Market Positioning Of Vendors
Part 16: Appendix
See The Complete Table Of Contents And List Of Exhibits, As Well As Selected Illustrations And Example Pages From This Report.
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Global Blockchain Market helps in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. Global Blockchain Market research report comprises of different industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. It helps companies to take decisive actions to deal with threats in the niche market. Global Blockchain Market report presents actionable market insights with which businesses can settle on sustainable and lucrative strategies.
With the market info provided in the Global Blockchain Market, it has become easy to gain global perspective for the international business. Focus groups and in-depth interviews are included for qualitative analysis whereas customer survey and analysis of secondary data has been carried out under quantitative analysis. Global Blockchain Market research report acts as a very significant constituent of business strategy. Global Blockchain Market is a definite study of the ICT industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. Global Blockchain Market report proves to be a sure aspect to help grow your business.
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