Blockchain Market report then lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market. The report includes the analysis and discussion of important industry trends, market size, market share estimates, profiles of the leading industry players, and forecasts. 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.
The 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. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017, and the forecast period is 2018 to 2025.
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By Organization Size (Small and Medium Sized, Large Sized), By Application (Payments, Documentation, Smart Contracts, Digital Identity, Exchanges, Governance, Risk & Compliance Management, Supply Chain Management), By End User, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)
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
MAJOR TOC OF THE REPORT
Chapter One: BLOCKCHAIN Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global BLOCKCHAIN Market Competition, by Players
Chapter Four: Global BLOCKCHAIN Market Size by Regions
Chapter Five: North America BLOCKCHAIN Revenue by Countries
Chapter Six: Europe BLOCKCHAIN Revenue by Countries
Chapter Seven: Asia-Pacific BLOCKCHAIN Revenue by Countries
Chapter Eight: South America BLOCKCHAIN Revenue by Countries
Chapter Nine: Middle East and Africa Revenue BLOCKCHAIN by Countries
Chapter Ten: Global BLOCKCHAIN Market Segment by Type
Chapter Eleven: Global BLOCKCHAIN Market Segment by Application
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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.
Regionally, this report categorizes the production, apparent consumption, export and import of global BLOCKCHAIN market covering:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Reasons for Buying this BLOCKCHAIN Report
- BLOCKCHAIN market report aids in understanding the crucial product segments and their perspective.
- Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the BLOCKCHAIN industry.
- Even the BLOCKCHAIN economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.
- This report provides a more rapid standpoint on various driving facets or controlling BLOCKCHAIN promote advantage.
- This worldwide BLOCKCHAIN report provides a pinpoint test for shifting dynamics that are competitive.
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