The Blockchain Market report upholds the future market predictions related to Blockchain market size, revenue, production, Consumption, gross margin and other substantial factors. It also examines the role of the prominent Blockchain market players involved in the industry including their corporate overview. While emphasizing the key driving factors for Blockchain market, the report also offers a full study of the future trends and developments of the market.
The global blockchain market was valued at US$ 1.57 Bn in 2018 and is expected to reach US$ 162.84 Bn by 2027 with a CAGR growth rate of 68.1% in the forecast period from 2019 to 2027.The increasing proliferation of Blockchain technology in various industries ranging from BFSI to retail is pushing the government and companies worldwide to focus and invest in Blockchain technology. Presently, Blockchain technology has a variety of use cases in the BFSI sector, and over the past few years, the applications of Blockchain in payments, smart contracts, document management, and others have been growing at an exponential rate. The successful implementation of Blockchain in BFSI sector attracted interest from other industries such as retail, logistics, government towards the benefits offered by Blockchain such as increased operational efficiency and reduced costs in various business functions. Blockchain technology is developing at an exponential pace with more and more companies and startups expanding their innovative blockchain solutions portfolio. As use cases associated with Blockchain and areas of demand have risen, startups have adopted blockchain technology to meet growing consumer demands. Blockchain technology helps in reducing documentation and compliance costs.
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What will you get in this report?
- An exhaustive analysis of the global Blockchain market with detailed studies on different topics that will help key players to create effective development strategies and strengthen a strong position in the Blockchain industry.
- It gives a complete mapping of the behaviors of Blockchain market contributors and the vendor landscape. Existing companies could use the report to prepare themselves well to face future market challenges and strongly compete in the global Blockchain market.
- Also, the analysts have provided a thorough assessment of the impact of these strategies on Blockchain market growth and competition and many more
- A competitive portfolio of Blockchain market in the different regions including their growth factors, pitfall challenges, investment structure, advancement in all aspects, customer base etc.
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North America holds the majority revenue share in the global blockchain market. The fast growth and adoption in North America is primarily driven by the growing demand of blockchain solutions from various industries such as BFSI, Retail, Government, Transportation and Logistics, Healthcare, Automotive, and Media & Entertainment. With big market players such as IBM, Microsoft, and Accenture, a large number of start-ups are also entering the blockchain marketplace to develop innovative Blockchain based solutions and services. These start-ups, further, receiving a considerable amount of funding from the investors. Growing regions such as Asia Pacific, Middle East, Africa, and South America are also anticipated to offer significant growth opportunities for the global blockchain market in the forecast period from 2019 to 2027 owing to the supportive government initiatives.
A Pin-point overview of TOC of Blockchain Market are:
Overview and Scope of Blockchain Market
- Research goal & scope
- Research assumptions
- Research Methodology
- Key take-away
- Stakeholders
- Market Segmentation
Blockchain Market Insights
- Industry snapshot
- Regulatory Framework
- Blockchain Market Dynamics
- Blockchain Market Forces
- Blockchain Market Driver Analysis
- Blockchain Market Restraint/Challenges analysis
- Blockchain Market Opportunity Analysis
- Factors Influencing Development of Blockchain Market
- Driving Forces and Market Opportunities
- Threats and Challenges in Blockchain industry
- Forecast on Blockchain Market Size
- Forecast on Blockchain Market Trend
Industry analysis – Porter’s Five Force
- Blockchain Market PEST Analysis
- Blockchain Market Value Chain Analysis
- Blockchain Industry Trends
- Company Market Share Analysis
Company Profiles
- Overview
- Product Benchmarking
- Recent Developments and Technological Advancement
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