Blockchain in Security Market Analysis by Top Key Players till 2023 - IBM, Microsoft, Accenture PLC, Cyber Infrastructure, SAP, Oracle, Intel, Bitfury, Cegeka, Earthport, Guardtime Etc.

Market Highlights

A blockchain is a decentralized database system that is managed autonomously using a peer-to-peer network and a distributed time stamping server. Blockchain technology allows for keeping track record of each Bitcoin transaction that has been executed. The blocks which keep records are added to the blockchain in a linear and chronological order. The technology has an ability to perform financial operations instantaneously though permissioned ledgers which are distributed uniformly.
Blockchain in Security market is expected to grow from USD 178.37 million in 2017 to USD 1572.46 million by 2023, at a compound annual growth rate (CAGR) of 43.73% during the forecast period. The growing need for reduction in error handling and reconciliation, rising demand for improved contractual performance with smart cards, and increased automation with data integrity and security are some of the factors driving the growth of blockchain in security market.

Key players

The prominent players in the blockchain in security market have been identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. The major vendors of the market are IBM (US), Microsoft (US), Deloitte Touche Tohmatsu Limited (UK), Hewlett Packard Enterprise Company (US), Accenture PLC (Ireland), Cyber Infrastructure Pvt. Ltd. (India), Empirica S.A. (Poland), SAP (Germany), Oracle (US), Intel (US), Bitfury (US), Cegeka (Netherlands), Earthport (UK), Guardtime (Estonia), Digital Asset Holdings (US), Chain (US), Huawei (China), BlockCypher (US), Symbiont (US), BigchainDB (Germany), Applied Blockchain (UK), RecordsKeeper (Gibraltar), Blockpoint (US), Auxesis Group (India), BTL Group (Canada), Blockchain Foundry (Singapore), AlphaPoint (US), AWS (US), and Factom (US).

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Segmentation

Blockchain in Security market is segmented based on service provider, vertical and region.
Based on the service provider, the market is segmented into application and solution provider, middleware provider, and infrastructure and protocols provider.
Based on vertical, the market is segmented into BFSI, government, healthcare and life sciences, energy and utilities, IT & telecom, retail and e-commerce, and others.
By region, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World.

Brief TOC of Blockchain in Security Market

1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
3.5 Assumptions & Limitations
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Blockchain In Security Market
4.2.1 Software Platform Providers
4.2.2 Security & Infrastructure Service Providers
4.2.3 Deployment And Middleware Service Providers
4.2.4 End-Users
5 Market Overview Of Global Blockchain In Security Market
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Challenges
5.2.4 Opportunity
6 Market Alerts
6.1 Technological Innovations
6.2 Use Cases
6.2.1 Securing Edge Devices With Authentication
6.2.2 Improved Confidentiality And Data Integrity
6.2.3 Blockchain-Based Public Key Infrastructure
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List Of Tables

Table 1 Global Blockchain In Security Market, By Region, 2018–2023
Table 2 North America: Blockchain In Security Market, By Country, 2018–2023
Table 3 Europe: Blockchain In Security Market, By Country, 2018–2023
Table 4 Asia-Pacific: Blockchain In Security Market, By Country, 2018–2023
Table 5 Middle East & Africa: Blockchain In Security Market, By Country, 2018–2023
Table 6 Latin America: Blockchain In Security Market, By Country, 2018–2023
Table 7 Global Blockchain In Security Service Provider Market, By Region, 2018–2023
Table 8 North America: Blockchain In Security Service Provider Market, By Country, 2018–2023
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