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Blockchain Market Forecast 2025 - IBM Corporation, Microsoft Corporation, AWS, Digital Asset Holdings, Earthport, BTL Group, Chain Inc., Factom, Ripple, Alphapoint, Bitfury, Coinbase and Abra among others

Global Blockchain Market

Global Blockchain Market

Blockchain Market accounted for USD 242.4 million in 2017 and is projected to grow at a CAGR of 79.9% during the forecast period of 2018 to 2025.

Global Blockchain Market,
• By Organization Size (Small and Medium Sized, Large Sized),
• By Application (Payments, Documentation, Smart Contracts, Digital Identity, Exchanges, Governance, Risk & Compliance Management, Supply Chain Management),
• By End User,
• By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) - Industry Trends and Forecast to 2025

Get Exclusive Sample PDF of Report at http://databridgemarketresearch.com/request-a-sample/?dbmr=global-blockchain-market

Global Blockchain Market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Drivers and Restraints:

• Helps in total ownership cost reduction, transparency, and faster transaction
• Growth in blockchain services
• Increase in the adoption of blockchain technology with respect to payments, digital identities and smart contracts
• Introduction of new breed of programmable blockchain platforms
• Inventions regarding internet of things (IOT)
• Lack of standard and indefinite regulatory norms

Major Market Competitors:

• IBM Corporation,
• Microsoft Corporation,
• AWS,
• Digital Asset Holdings,
• Earthport,
• BTL Group,
• Chain Inc.,
• Factom,
• Ripple,
• Alphapoint,
• Bitfury,
• Coinbase and
• Abra among others.

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This market report defines the trends and forecast the upcoming opportunities and threats of the blockchain market in the upcoming 8 years. Blockchain is just a digitalized immutable ledger of economic transactions which can record not only the financial transactions but everything related to value. It can be used during payments, smart contracts, digital identity risk and compliance management and many more. One of the major factors such as increase in the adoption of blockchain technology is driving the market demand. This has increased the annual savings for banks and also has reduced infrastructure cost. For instance, According to DMR, around USD 8-12 billion were reported as annual savings for the banks who have utilized blockchain technology.

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

Access Detailed TOC at https://databridgemarketresearch.com/toc/?dbmr=global-blockchain-market

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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