openPR Logo
Press release

The Block chain Market registers enormous growth rate during the forecast period, 2017–2023

04-19-2018 01:31 PM CET | IT, New Media & Software

Press release from: Genesis market insights

The Block chain Market registers enormous growth rate during

Global Block chain Market was valued at USD 357.7 million in the year 2017. Global Blockchain market is further estimated to grow at a CAGR of 74.5% from 2018 to reach USD 10.10 Billion by the year 2023. North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period due to high adoption and acceptance of blockchain technology. At country level U.S, Japan & China is projected to grow strongly in the coming years.

JP Morgan Chase (U.S), IBM Blockchain (US), Microsoft Blockchain (US), Chain, Inc. (US), Amazon AWS (U.S) and Abra (US) are some of the key players in the Global Blockchain market. Rising research and development expenses to cater changing demand of end users, similarly growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Download Free Report Sample@ https://goo.gl/McCkp4

Drivers:
Rapidly growing cryptocurrency market
Providing faster transactions
Restraints:
Unregulated and not monitored by any central bank
Opportunities:
Increasing traceability and customer experience
Providing Security of online communications
Challenges:
Security & privacy
Lack of awareness about technology

The segmentation are done on the basis of provider, by application, by organization size, by industry vertical and by region. On the basis of application, the global blockchain market is sub segmented as payments, smart contracts, exchanges, documentation, digital identity, supply chain management, governance, risk and compliance management and others (digital voting and content storage management) of which the payment segment is expected to hold the highest market share during the forecast period. On the basis of providers application and solution provider holds the highest market share in coming years.

The segmentation done on the basis of Industry Vertical, the real estate segment is expected to hold the highest market share among other industries. On the basis of Organization Size the market is segmented as small and medium-sized enterprises (SMEs) and large enterprises of which large enterprises is expected to grow at the highest CAGR during the forecasted period.

Get 20% Discount on Full Customized Report@ https://goo.gl/y89cW9

Key Benefits for Stakeholders
Blockchain Manufacturers, Distributors and Retailers
Research and Consulting Organization
Technology Standards Organizations, Forums, Alliances and Associations
End use industries
Regulatory bodies, policy actors and consumers.

By Application
Payments
Smart Contracts
Exchanges
Documentation
Digital Identity
Supply chain management
Governance, risk and compliance management
Others (digital voting and content storage management)

By Provider
Application and solution provider
Middleware provider
Infrastructure and protocol provider

By Organization Size
Small and Medium-Sized Enterprises (SMEs)
Large enterprises

By Industry Vertical
Banking, Financial Services, and Insurance (BFSI)
Government and public sector
Healthcare and life sciences
Media and entertainment
Retail and e-commerce
Travel and hospitality
Transportation and logistics
Real estate
IT and telecommunications
Others (automotive, education, and energy and utilities)

By Region
North America
Europe
Asia-Pacific
RoW

Key Market Players
360 Blockchain Inc.
Amazon AWS
Abra (US)
Deloitte
IBM Blockchain
Microsoft Blockchain
Chain, Inc.
Ripple
BTL Group
Coinbase
Axoni
JP Morgan Chase
(A brief overview of 13 companies is also provided)

70% Cost Optimization on 100% Report customizing @ https://genesismarketinsights.com/viewreport/181/31/Blockchain-Market

Detailed customization is also available for you. Further, if the report listed above does not meet with your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports.

902 Broadway, 6th Floor,
New York, NY 10010
Ph. No (212) 634-4560
Website:- https://genesismarketinsights.com
E-Mail ID:- info@genesismarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Block chain Market registers enormous growth rate during the forecast period, 2017–2023 here

News-ID: 1023445 • Views:

More Releases from Genesis market insights

Solar Panel Recycling Industry By Product Polycrystalline, Monocrystalline, Thin Films PV Cells and By Application Mechanical, Laser, Thermal 2019 - 2025
Solar Panel Recycling Industry By Product Polycrystalline, Monocrystalline, Thin …
Solar panel regeneration market was estimated at $ 77.95 million in 2018. The global solar panel recycling market is expected to grow to a CAGR of 27.04% by 2019, reaching $ 327.69 million by 2025. Europe has the highest market The Asia Pacific market is considered the fastest-growing market during the forecast period. By country, Germany has the largest market share in 2017 and is expected to grow strongly over
Advance Marijuana Industry Report by Top Manufacturers, Countries, Type and Application, Global Forecast 2025
Advance Marijuana Industry Report by Top Manufacturers, Countries, Type and Appl …
Advance Marijuana Market was valued at USD 17.18 Billion in the year 2017. Global Marijuana Market is further estimated to grow at a CAGR of 22.91% from 2018 to reach USD 58.90 Billion by the year 2023. North America region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S., Canada holds
In-vitro fertilization (IVF) Market Types of cycle, Thawed IVF, Application, Size Analysis and Industry Forecast, 2018-2023.
In-vitro fertilization (IVF) Market Types of cycle, Thawed IVF, Application, Siz …
IVF is the most effective form of assisted reproductive technology. Procedures can be performed using your own eggs and your partner's sperm. Or IVF may include egg, sperm or embryo of a known or anonymous donor. In some cases, a pregnant carrier with a fetus implanted in the uterus may be used. The likelihood of having a healthy baby using IVF depends on many factors, including age and the cause of
Advance IOT Sensors Market Expected to Reach US $+25 billion by 2023 Top Market Players Broadcom (Avago), Texas Instruments, Te Connectivity, STMicroelectronics and others
Advance IOT Sensors Market Expected to Reach US $+25 billion by 2023 Top Market …
IoT sensors in the automotive industry and the booming industry IoT market are driving the growth of the IoT sensor market. In addition, market growth is accelerating as demand for home appliances such as smart devices (smart TVs, smart phones, etc.) increases. The growth of the global IoT sensor market is accelerating with the increase in sales of consumer electronics products. Smart electric and water meters are also expected to

All 5 Releases


More Releases for Block

Oilfield Crown Block Market Product Development Survey 2028 | American Block Inc …
Oilfield Crown Block Market: Snapshot Crown block is a critical part of the raising arrangement of a drill rig. Crown block shows various highlights that help the mechanical strength of a drill rig. What's more, the crown block is extinguishing treated, shows against scraped spot with a long assistance life. The worldwide oilfield crown block market is acquiring from mechanical benefits of the crown block as a feature of lifting situation
5GB Block Processor ILCOIN Criticizes Bitcoin SV’s Statement Regarding Setting …
Dubai, UAE -- (EMAILWIRE) -- The Bitcoin SV network stated in a March 16 announcement that it achieved a world record by processing a 638MB block, claiming it to be the first and largest of its kind. The developers of the Bitcoin SV network have also claimed that no other blockchain to date is capable of processing transaction blocks of such sizes or higher at acceptable transaction fees
Oilfield Crown Block Market challenges and Forecast 2018-2028 | American Block I …
The global oilfield crown block market is gaining from mechanical advantages of crown block as part of hoisting system in drill rigs. Hoisting system is a key component of drilling operations, as the system is responsible for lifting and lowering major equipment for drilling or completing a well. Physically, crown block comprises a fixed set of pulleys, through which the drilling line is threaded. Crown block is a component of block and
Graphite Block Market by Top Players – Superior Graphite Block ,IMERYS ,GCP ,N …
The Graphite Block Market 2018 research by Market Study Report. It offers a feasibility analysis for investment and returns supported with data on development trend analysis across important regions of the world. ICR World’s Graphite Block market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. Get Sample Copy of this Report @: https://www.bigmarketresearch.com/request-sample/2981629?utm_source=openpr&utm_medium=Nilesh The industry report
Comprehensive Report on Graphite Block Market 2019-2025: Recent Trends and Growt …
UpMarketResearch offers a latest published report on “Global Graphite Block Market Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 124 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Paper Platform market, especially in North America, Europe and Asia-Pacific, South America,
Graphite Block Global Market 2018: Key Players – Superior Graphite Block, Imer …
Graphite Block Industry Description Wiseguyreports.Com Adds “Graphite Block -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024” To Its Research Database This report studies the global Graphite Block market status and forecast, categorizes the global Graphite Block market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers