The rising adoption of blockchain technology in supply chain management is driving the demand of the market.
Market Size – USD 1.98 billion in 2019, Market Growth - CAGR of 67.6%, Market Trends – Integration of Blockchain technology into government agencies
The latest report provides detailed insights into Blockchain Technology market trends, industry trends, consumer trends, market size, market share, market growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Blockchain Technology market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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Global Blockchain Technology market growth is driven by a variety of factors and trends, primary of which include rising focus by major companies on product/service expansion into new and untapped domestic Blockchain Technology markets, rising investments in strategic agreements, and rising competition in the market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is a major trend in an increasing number of developing economies. In addition, availability of favorable government policies and steady economic growth across various regions and countries is resulting in an increasing number of players focusing on leveraging opportunities to drive visibility and increase revenue and profits.
Top key vendors in Blockchain Technology Market include are:
- Key participants include AWS, INTEL, IBM, MICROSOFT, HUAWEI, SAP, ORACLE, DIGITAL ASSET HOLDINGS, BLOCKCYPHER, and GUARDTIME, among others.
Emergen Research has segmented the global Blockchain Technology Market on the basis of Type, Enterprise size, Provider, Application, and region:
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Private
- Public
- Hybrid
- Enterprise size Outlook (Revenue, USD Billion; 2017-2027)
- Small Medium Enterprises
- Large Enterprises
- Provider Outlook (Revenue, USD Billion; 2017-2027)
- Application
- Middleware
- Infrastructure
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Banking and Financial services
- Healthcare and Life sciences
- Transportation and Logistics
- Government
- Retail and eCommerce
- Others
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Blockchain Technology Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the Blockchain Technology industry
North America Blockchain Technology market growth registered a significant incline in 2020 and this is having major impact on market growth of other major regions. In addition, North America Blockchain Technology market growth is expected to continue to remain dominant over other regional markets over the forecast period. Presence of major players in countries in the region is a key factor driving steady change in overall Blockchain Technology market trends, and this is expected to continue to support market growth in North America.
Asia Pacific Blockchain Technology market growth is expected to register a rapid rate in terms of revenue as compared to other regional markets over the forecast period. China, India, and South Korea accounted for significantly robust Blockchain Technology market growth in 2020, and the trend is expected to continue over the forecast period. Factors such as increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries is driving Blockchain Technology market growth in Asia Pacific.
Europe Blockchain Technology market growth and revenue expansion is expected to remain steady over the forecast period. This can be attributed to robust focus on research and development initiatives by major firms and changing Blockchain Technology market trends in countries in other major regions.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Blockchain Technology industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Blockchain Technology market across different regions?
- Who are the major driving forces expected to decide the fate of the Blockchain Technology industry worldwide?
- Who are the prominent market players making a mark in the Blockchain Technology market with their winning strategies?
- Which Blockchain Technology industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Blockchain Technology market?
Table of Content
Chapter 1. Methodology Sources
1.1. Blockchain Technology Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Blockchain Technology Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Blockchain Technology Market Segmentation Impact Analysis
4.1. Blockchain Technology Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Blockchain Technology Market indicators analysis
4.2.2. Blockchain Technology Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Blockchain Technology Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Blockchain Technology products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Blockchain Technology Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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