Blockchain Market research dives deep into the global share, size, and trends, as well as growth rate of the project, its progress during the forecast period, most importantly, the report further identifies the past, present, and future trends that are expected to influence the development rate of the Blockchain Market. The research segments the market on the basis of product type, application, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, demand and production capability across different countries.
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 to 2026.
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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.
Table of Content: Blockchain Market
- Blockchain Market Overview
- Economic Impact on Industry
- Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Market Forecast
- Appendix
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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
Scope of the Report
The Global research study analyzes the industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
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Key Questions Answered by Global Market Report
- What was the Global Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2020-2027).
- What will be the CAGR of This Global Market during the forecast period?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period?
- Which manufacturer/vendor/players in the Global Market was the market leader in 2019?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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