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Blockchain market 2016-2021 to grow at a CAGR of 61.5% according to new research report

Blockchain market 2016-2021 to grow at a CAGR of 61.5% according to new research report

Blockchain Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2021 Market Research Report to It’s a Database.

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The global Blockchain market to grow from USD 210.2 million in 2016 to USD 2,312.5 million by 2021, at a Compound Annual Growth Rate (CAGR) of 61.5%. The Blockchain market is growing rapidly as the organizations are more focused on transparency & immutability, and scalability.

However, factors such as lack of awareness about the Blockchain and uncertain regulatory status are the major restraints in the overall growth of the market.

Infrastructure and protocols provider segment is estimated to have the largest market size in 2016 due to increasing need for services such as mining, public, and special protocols.

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Furthermore, the application and solution provider segment will grow at the highest CAGR during the forecast period, due to demand for efficient business processing applications.

Report: goo.gl/glIWBa

The Blockchain solutions have been deployed across various industry verticals, including Banking, Financial Services, and Insurance (BFSI), government & public sector, healthcare & life sciences, retail & ecommerce, automotive, media & entertainment, and others. The media and entertainment vertical is expected to witness the highest CAGR during the forecast period as the industry has been transformed with digital technology to solve various problems such as problem of copyrights by assigning rights, usage tracking, and distribution of all the content creators and owners using Blockchain.

In-depth interviews were conducted with CEOs, marketing directors, other innovation & technology directors, and executives from various key organizations operating in the Blockchain marketplace.

  • By Company Type: Tier 1: 55%, Tier 2: 20%, Tier 3: 25%
  • By Designation: C-Level: 60%, Director Level: 25%, Others: 15%
  • By Region: North America: 10%, Europe: 20%, Asia-Pacific: 40%, Rest of the World (ROW): 30%

Key Points From Table Of Content :

Company Profiles :

(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*

  • Introduction
  • Microsoft Corporation
  • IBM Corporation
  • Deloitte
  • Ripple
  • Chain, Inc.
  • BTL Group (Blockchain Tech Ltd.)
  • Global Arena Holding, Inc. (GAHI)
  • Digitalx Ltd. (Digital Cc Ltd.)
  • Earthport
  • Abra, Inc.
  • Bitfury
  • Coinbase
  • Circle Internet Financial Limited
  • Digital Asset Holdings
  • Intelygenz
  • Alphaphoint

Report: goo.gl/v5jWzF

Research Coverage:

The report strategically analyzes each segment and sub segment with respect to individual growth trends, future prospects, and contribution to the total Blockchain market. The report also includes in-depth competitive analysis of key players in the Blockchain market, with their company profiles, SWOT analysis, recent developments, and key market strategies.

 

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