Blockchain Government Market to 2023 – Growing High at 84.5% CAGR and Projected to Reach US$ 3458.8 Million

#Get Free Sample Copy of “Blockchain Government Market” at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1521203 .

ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global blockchain government market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

The Blockchain Government Market size is expected to grow from US$ 162.0 Million in 2018 to US$ 3,458.8 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 84.5% during the forecast period. The blockchain government market is driven by various factors, such as the growing interest in the adoption of blockchain technology by government agencies and increasing instances of fraudulent activities in the public sector.

Top Key Players in the “Blockchain Government Market” include are
• IBM (US)
• SAP (Germany)
• Microsoft (US)
• Oracle (US)
• Deloitte (US)
• AWS (US)
• Infosys (India)
• Bitfury (the Netherlands)
• Auxesis Group (India)
• Cegeka (the Netherlands)
• Factom (US)
• BTL (Canada)
• SpinSys (US)
• OTC Exchange Network (US)
• ModulTrade (UK)
• Blocko (South Korea)
• Symbiont (US)
• brainbot technologies (Germany)
• Guardtime (Estonia)
• BigchainDB (Germany)
• Somish (India)
• Records Keeper (Spain)
• Intel (US)
• Accenture (Ireland)
• Blockchain Foundary (Singapore)

#Complete report on Blockchain Government Market spread across 139 Pages, profiling 10 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1521203 .

The application providers segment is the fastest growing segment in the blockchain government market. The blockchain government market has been categorized as, application providers, middleware providers, and infrastructure providers. The blockchain technology provides various applications for the government sector, such as smart contracts, voting, identity management, and payments.

APAC is expected to grow at the highest rate during the forecast period, due to the increasing government expenditure on the blockchain technology solutions to change the business processes in the government sector. Key financial hubs, and massive shipping and trading markets, including Hong Kong and Singapore, provide huge opportunities for the adoption of the blockchain in the public sector. Meanwhile, North America is projected to hold the largest market size.

Study Objectives:
The objective of the report is to define, describe, and forecast the blockchain government market by provider, application, and region. The report analyzes the opportunities in the market for stakeholders by identifying the high-growth segments of the market. It profiles the key players of the market and comprehensively analyzes their core competencies, such as new product launches, partnerships, agreements, and collaborations. The report also covers detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market.

#A Discount can be asked before order a copy of Blockchain Government Market report at https://www.reportsnreports.com/contacts/discount.aspx?name=1521203 .

Reason to buy this report:
Blockchain Government Market report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall blockchain government market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

About Us:
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

Contact:
Mr. Vishal
sales@reportsandreports.com / Call +1 888 391 5441
Tower B5, Office 101,
Magarpatta City SEZ,
Pune-411013, India

This release was published on openPR.