Blockchain Technology Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1777 | Report Format : | Status : Upcoming |

Abstract

Global Blockchain Technology Market: Overview

A distributed database that is used for all digital transactions, eliminating the requirement of a third party in order to validate the transactions is called as Blockchain Technology. Blockchain technology not only cuts down the cost of transactions by removing the point of verification step, but it also paces up the actual transaction process. Thus, many institutions, consumers, and organizations have adopted this technology in recent years.

Global Blockchain Technology Market: Growth Factors

The global blockchain technology market is anticipated to experience high growth owing to its ability to cut down the risks associated with identity thefts and fraud frauds. Due to this, financial institutions are also looking for opportunities for a merge with blockchain startups along with investing in their projects of research and development. The abundance of Internet of Things (IoT) in numerous industries is further anticipated to contribute a vital part in the increasing demand for these technologies. For example, the banking sector is expected to propel the demand of blockchain technology owing to its continuous efforts taken to make its facilities and services digitized in the near future. The key sectors with high demand for this technology include smart property, smart contract, non-financial sector, music industries, and healthcare, further boosting the global blockchain technology market.

Global Blockchain Technology Market: Segmentation

The global blockchain technology market is segmented on the basis of type, application, and region. Based on the type, the global market is categorized as private blockchain, the public blockchain, and consortium blockchain. On the basis of application, the global market is segmented as non-financial and financial services sector. Geographically, the global blockchain technology market is identified as Europe, North America, Asia-Pacific, South America, and the Middle East and Africa.

Global Blockchain Technology Market: Regional Analysis

North America dominated the global blockchain technology market mainly owing to the presence of numerous top players and rising investments in the R&D of their technology. The U.S. is also anticipated to be the major contributor to the growth of the global market in North America in the near future. High adoption of this technology in the region will have a positive impact on the global market growth in coming years. Furthermore, Asia Pacific is also anticipated to witness considerable growth in the global market. The flourishing countries such as Japan, China, and India and their continuous efforts to digitize their economies is anticipated to have a major contribution to the growth of the global blockchain technology market in Asia Pacific. In addition, increasing investments in blockchain technology in South America and the Middle East are further expected to boost the global market growth in the coming years, particularly in the financial sector.

Global Blockchain Technology Market: Competitive Players

Major players dominating the global blockchain technology market include Deloitte Touche Tohmatsu Limited, Microsoft Corporation, IBM Corporation, Chain Inc., R3, Consensus Systems (ConsenSys), Digital Asset Holdings LLC, Ripple, and Credits.

Global Blockchain Technology Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Smart Fabrics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2531 | Report Format:

Global Smart Fabrics Market: Overview Smart fabrics also referred as E-textiles, electronic textiles, or smart textiles, are the fabrics that have digital and electronics components entrenched in them. These fabrics can recognize sense stimuli from the surroundings and adapt respond to those st...Read More

Geofencing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2530 | Report Format:

Geofencing Market: Overview Geofencing can be defined as a virtual boundary in the geographical area in terms of RFID and GPS which triggers the software to activate a response when a mobile device leaves or enter the area. Since many years developers are taking the assistance of hardware and so...Read More

Mobile Positioning System Market for Mapping and Surviving, Live Tracking of Objects, Vehicles, and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016-2022

Dec-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2506 | Report Format:

The report covers forecast and analysis for the mobile positioning system market on a global and regional level. The study provides historic data of 2014-2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints for the mobile positionin...Read More

Mobile Advertising Market by Types (Display Advertising, In-App Advertising, In-Game Advertising, Search Advertising and Others), by Devices (Digital Cameras, Feature-phones, Smartphones, Tablets and Others) for Banking, Financial Services, Fast Moving Consumer Goods (FMCG) Sector, Healthcare Sector, Media and Entertainment Sector, Telecommunication & IT Sector and Other industry verticals. Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Dec-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2505 | Report Format:

The global mobile advertising market report analyzes and forecasts mobile advertising market on a global and regional level. The study offers historical data of past year along with forecast from 2017 to 2022 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought about...Read More

Machine to Machine Market by Technology (4G/LTE, Wi-Fi, Ethernet, Power-Line and Others), by Component (Actuators, Sensors, Memory, RFID, Power and Communication Modules), Consumer Electronics, Information Technology (IT), Retail, Transportations & Automotives, Healthcare, Security and Others - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2022

Dec-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2504 | Report Format:

The report covers forecast and analysis for the machine to machine market on a global and regional level. The study provides historic data for 2014, 2015, and 2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints for the machine to m...Read More

Choose License Type:
Latest Published Reports

View All Published Reports