Global Blockchain Market report describe Blockchain Introduction, product scope, market overview, market opportunities, market risk, market driving force.
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The Global Blockchain Market size is expected to grow from US$ 1.2 Billion in 2018 to US$ 23.3 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 80.2% during the forecast period.Various factors, such as, increasing venture capital funding and investments in the blockchain technology, a growing need to simplify business processes and create business transparency and immutability, reduction in operational cost, increasing popularity of blockchain technology in retail and supply chain management are expected to drive the market.
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The retail and eCommerce industry vertical is expected to grow at the highest CAGR in the blockchain market by vertical during the forecast period. Retail and eCommerce organizations are making huge investments to enhance customer experience.
North America is estimated to hold the largest market size and dominate the global blockchain marketin 2018, as the region is an early adopter of the blockchain technology. North America is considered the most advanced region in terms of technology adoption and infrastructure.
The regional presence of key industry players offering blockchain technology solutions is the main factor driving the North American blockchain market.
The Study Objectives of this report are:
- To analyze the micromarkets with respect to the individual growth trends, prospects, and contributions to the overall market
- To define, segment, and project the global market size for blockchain market
- To analyze market opportunities for stakeholders by identifying the high-growth segments of the market
- To forecast the market size of the segments with respect to regions, such as North America, Europe, APAC, MEA, and Latin America.
- To track and analyze competitive developments, such as new product launches; mergers and acquisitions; and partnerships, agreements, and collaborations in the global blockchain market
- To profile the key players in the market and comprehensively analyze their market size and core competencies
Top Key Players in the “Blockchain Market” include are
- IBM (US)
- AWS (US)
- Microsoft (US)
- SAP (Germany)
- Intel (US)
- Oracle (US)
- Bitfury (US)
- Cegeka (Netherlands)
- Earthport (UK)
- Guardtime (Estonia)
- Digital Asset Holdings (US)
- Chain (US)
- Huawei (China)
- BlockCypher (US)
- Symbiont (US)
- BigchainDB (Germany)
- Applied Blockchain (UK)
- RecordsKeeper (Gibraltar)
- Blockpoint (US)
- Auxesis Group (India)
- BTL Group (Canada)
- Blockchain Foundry (Singapore)
- AlphaPoint (US)
- Factom (US)
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Reason to access this report:
The report will help the market leaders/new entrants in the blockchain market with information on the closest approximations of the revenue numbers for the overall blockchain market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.