Press release
Blockchain Market is growing at an Astonishing CAGR of 74.1%: top players IBM, Amazon, Microsoft, Ripple, Bitfury, Chain, Earthport, Coinbase, BTL Group (interbit), and Digital Asset
A blockchain is a digital record/ distributed ledger for maintaining a permanent and tamper-proof record of transactional data. A blockchain functions as a decentralized database that is managed by computers belonging to a peer-to-peer network. Meticulous Research(R) in its latest publication on blockchain market states that the global blockchain market will increase at a CAGR of 74.1% from 2018 to 2025 to reach USD 28,248.7 million by 2025.Browse in-depth research @ https://www.meticulousresearch.com/product/blockchain-market/
The key players analyzed in the global blockchain market are:
1. IBM
2. Amazon
3. Microsoft
4. Ripple
5. Chain
6. Earthport
7. Coinbase
8. Bitfury
9. BTL Group (interbit)
10. Digital Asset
Growth of the global blockchain market is mainly attributed to increasing adoption of BaaS, increasing merchants accepting cryptocurrency, and growing interest in blockchain among financial institutions. In addition, opportunities like reduction in cost of IT services, blockchain international trade, and smart contract and digital identity ensures steady growth of this market in long run.
To provide efficient analysis, Meticulous Research has segmented this market on the basis of verticals (BFSI, government, healthcare, retail & e-commerce, transportation & logistics), applications (payments, exchanges, smart contracts, documentation, digital identity), and geography.
Wherein, geographically, North America commanded the largest share in this market followed by Europe. The major share of North America is mainly attributed to adoption of blockchain technology by banks, financial institutes, transport & logistics and healthcare. North America is also a home to various global technology companies, which makes it a dominating market throughout the world.
While in terms of application, payments accounted for the largest share in the global blockchain market in 2017. The large share of this segment is mainly attributed to rising need to transfer funds directly and securely to anyone, and growing demand to reduce cost of transactions.
Download free sample report @ https://www.meticulousresearch.com/download-sample-report/?cp_id=4782
Key Topics Covered in This Report:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Industry Overview
5. Market Overview
6. Global Blockchain Market Size, by Application
7. Global Blockchain Market Size, by Vertical
8. Global Blockchain Market Size, by Geography
9. Competitive Outlook
10. Company Profiles (Business Overview, Financials, Solutions Offered, Recent Strategic Developments)
11. Appendix
11.1 Questionnaire
11.2 Available Customization.
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Contact us :
Viren Shrivastava
AVP- Global Sales and Marketing
Meticulous Research®
Email: viren@meticulousresearch.com
Direct Lines: +1-646-781-8004 (North America)
+44-203-868-8738 (Europe)
+91 744-7780008 (Asia-Pacific)
Office No-402, 4th Floor, Pushpak Business Hub, Wakad, Pune-411057
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