FACTS AT A GLANCE
Edition: 4; Released: April 2021
Executive Pool: 711
Companies: 122 – Players covered include Accenture; AWS; Baidu; Capgemini; Cognizant; Consensys; Deloitte; Ey; HPE; Huawei and Others.
Coverage: All major geographies and key segments
Segments: Component (Services, Tools); Application (Supply Chain Management, Payments, Identity Management, Smart Contracts, Governance, Risk & Compliance Management, Other Applications); End-Use (BFSI, Healthcare & Life Sciences, IT & Telecom, Transportation & Logistics, Retail & eCommerce, Government & Public Sector, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Blockchain-as-a-Service Market to Reach $110.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Blockchain-as-a-Service estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$110.3 Billion by 2026, growing at a CAGR of 86% over the analysis period. Services, one of the segments analyzed in the report, is projected to record a 83.3% CAGR and reach US$96.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Tools segment is readjusted to a revised 88.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.4 Billion in 2021, While China is Forecast to Reach $15.3 Billion by 2026
The Blockchain-as-a-Service market in the U.S. is estimated at US$1.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$15.3 Billion by the year 2026 trailing a CAGR of 81.4% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 76.6% and 73.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 58.3% CAGR. More
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