“Blockchain Technology Market”-Which factors will be driving the Adoption of the Technology through the Forecast Period?

Market Overview:
Blockchain technology refers to a distributed database for all the digital transactions, which eliminates the need for the third party to authenticate the transactions. In recent years several consumers, institutions, and organizations are adopting blockchain technology as it not only reduces the transaction cost as it removes a point of verification but also speeds up the actual transaction process. Owing to this very reason the global market is expected to witness a remarkable progress rate in the coming few years.
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Global Blockchain Technology Market Research Report 2017 is a professional and in-depth study on the current state of the Blockchain Technology market. The global blockchain technology market size was valued at USD 5.09 billion dollars in 2015.Annual estimates and forecasts are provided for the period 2016through 2022. Also, a six-year historic analysis is provided for these markets. The global market for Blockchain Technology is expected to reach about 7.28 B USD by 2022 from 6.05 B USD in 2016, registering a Compounded Annual Growth Rate (CAGR) of 3.13% during the analysis period, 2016-2022.

This report studies Blockchain Technology in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering

• Microsoft Corporation
• Deloitte Touche Tohmatsu Limited
• IBM Corporation
• R3
• Chain Inc.
• Consensus Systems (ConsenSys)
• Ripple
• Digital Asset
• Holdings LLC
• Credits

Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Blockchain Technology in these regions, from 2011 to 2021 (forecast), like

• North America
• China
• Europe
• Japan
• Southeast Asia
• India

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Split by Product Types, with production, revenue, price, and market share and growth rate of each type, can be divided into

• Public
• Private
• Hybird

Split by applications, this report focuses on consumption, market share and growth rate of Blockchain Technology in each application, can be divided into

• Financial Services
• Consumer/Industrial Products
• Technology, Media, and Telecom
• Healthcare
• Transportation
• Public Sector

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