Blockchain Market Size, Share, Analysis, Industry Report and Forecast 2018-2023

 Global blockchain is the way of transfer of digital assets to another user over the internet, and the transfer is guaranteed as safe and secure. Moreover, everyone connected over the network knows about the transfer hence its legitimacy cannot be challenged. Fast and secure transfer of data over the internet is one of the key concern for many organizations. Moreover, with the advent of the concept of digital currency, copying of data is seen as the major challenge for the financial transaction. Increase in the digital transaction, the rise in demand of decentralization of data, secured and fast transaction are the factors propels blockchain market.

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Major restraining factors includes storage of data, as storage is tedious and requires lots of energy and space. Strict regulations and privacy laws in different countries also hinders the growth of this market. Beside the hindrances, the opportunity for growth of this market is enormous. Blockchain technology is widely applicable in other sectors such as a digital identifier, digital voting, and smart contracts. Introduction of the Internet of thing in Blockchain technology will drive the future growth of the market.

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Geographically market is divided into North America, Asia Pacific, Europe and Rest of the world. North America is expected to lead the market because of because of early adoption of technology in banking as well as other financial sectors. The market will propel in Asia Pacific region in the forecasted period because of the rapid adoption of the technology. The Middle East, Africa and South America are in early stage of adoption of such technology hence they are yet to capture significant portion in the market.

GLOBAL BLOCKCHAIN MARKET SEGMENTATION

BY APPLICATION

  • FINANCIAL SERVICES
  • TRANSPORTATION AND LOGISTICS
  • SECURITY AND LEGAL WORK APPLICATION
  • HEALTHCARE
  • TECHNICAL APPLICATIONS

BY DEPLOYMENT METHOD

  • PUBLIC BLOCKCHAIN
  • PRIVATE BLOCKCHAIN
  • HYBRID BLOCKCHAIN

COMPETITIVE LANDSCAPE

  • KEY STRATEGIES
  • KEY COMPANY ANALYSIS
  • MARKET STRUCTURE ANALYSIS

REGIONAL ANALYSIS

  • NORTH AMERICA
  • UNITED STATES
  • CANADA
  • EUROPE
  • UK
  • GERMANY
  • SPAIN
  • FRANCE
  • ITALY
  • REST OF EUROPE
  • APAC
  • INDIA
  • CHINA
  • JAPAN
  • REST OF APAC
  • REST OF THE WORLD

COMPANY PROFILES

  • ACCENTURE PLC.
  • ALPHAPOINT CORPORATION
  • AMAZON WEB SERVICES INC.
  • ARCTOUCH, INC.
  • BIGCHAIN DB GMBH
  • BITFURY INC.
  • BTL GROUP LTD.
  • CHAIN, INC.
  • CHROMAWAY AB.
  • COINBASE INC.
  • DELOITTE
  • GLOBAL ARENA HOLDING
  • IBM CORPORATION
  • 7.14. INTELLECTSOFT LLC
  • LEEWAYHERTZ TECHNOLOGIES PVT. LTD
  • MICROSOFT CORPORATION
  • OMISEGO PTE. LTD.
  • PLUTUS FINANCIAL LTD.
  • R3
  • RIOT BLOCKCHAIN INC.
  • RIPPLE LABS, INC.

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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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