Press release
Blockchain Market: IBM Corporation, Microsoft Corporation, AWS, Digital Asset Holdings, Earthport, BTL Group, Chain, Inc., Factom, Ripple, Alphapoint, Bitfury, Coinbase and Abra
Global Blockchain Market
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Global 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. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017, and the forecast period is 2018 to 2025.
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.
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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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
Market Overview:
On the basis of End Users, the global blockchain market is segmented into
• government and public sector,
• healthcare and life sciences,
• banking,
• financial services and insurance,
• transportation and logistics,
• retail and ecommerce,
• media and entertainment,
• IT and telecommunication,
• travel and hospitality,
• real estate and others.
On the Basis Of Application, the global blockchain market is segmented into
• payments,
• documentation,
• smart contracts,
• digital identity,
• exchanges,
• governance,
• risk, and
• compliance management,
• supply chain management and others.
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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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