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The Blockchain Technology In The Energy Sector Market is anticipated to reach over USD 10,287 million by 2026 :Top keyplayers are Oracle Corporation, Microsoft Corporation, Deloitte, IBM Corporation, Grid+, Nodalblock, SAP SE, Power Ledger Pty Ltd, and Am

02-18-2019 09:09 PM CET | Energy & Environment

Press release from: Kenneth Research

The Blockchain Technology In The Energy Sector Market

The Blockchain Technology In The Energy Sector Market is anticipated to reach over USD 10,287 million by 2026. In 2017, the private segment dominated the global market, in terms of revenue. Asia-Pacific was the leading contributor to the global market revenue in 2017.

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The growing adoption of Blockchain-As-A-Service, and increasing market for alternative cryptocurrencies has boosted the adoption of Blockchain technology in the energy sector. Merchants are increasingly accepting cryptocurrencies owing to high transaction speeds and immutability. The rising penetration of mobile devices, increased mobile broadband speeds, and reduced costs of bandwidth further support the growth of the global blockchain technology in the energy sector market is segmented on the basis of type, application, end-user, and region.

On the basis of type, the market is segmented into Public, and Private. The application segment is bifurcated into Energy Trading, Grid Management, Supply Chain Management, Payment Schemes, and others. The end-user segment is divided into Oil and Gas, Power, and others.

Increasing investments by vendors in technological advancements coupled with advancements in broadband technology would accelerate the growth of the Blockchain technology in the energy sector market during the forecast period. Growing demand from emerging economies, and technological advancements are expected to provide numerous growth opportunities in the coming years.

Asia-Pacific Blockchain Technology in the Energy Sector Market generated the highest revenue in 2017. The rising security concerns, and high transaction speeds and immutability offered by blockchain technology support the growth of the market. The increased mobile broadband speeds, and reduced costs of bandwidth and computing boost the market growth in the region. The growing adoption of Blockchain-As-A-Service, increasing trend of smart payments and contracts, and technological advancements are expected to offer growth opportunities during the forecast period.

The leading companies profiled in the Blockchain Technology In The Energy Sector Market Report include Accenture, Oracle Corporation, Microsoft Corporation, Deloitte, IBM Corporation, Grid+, Nodalblock, SAP SE, Power Ledger Pty Ltd, and Amazon Web Services, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Table of Contents

1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Blockchain Technology In The Energy Sector Insights
3.1. Blockchain technology in the energy sector – Industry snapshot
3.2. Blockchain technology in the energy sector - Ecosystem analysis
3.3. Blockchain technology in the energy sector Market Dynamics
3.3.1. Blockchain technology in the energy sector – Market Forces
3.3.1.1. Blockchain technology in the energy sector Market Driver Analysis
3.3.1.2. Blockchain technology in the energy sector Market Restraint/Challenges analysis
3.3.1.3. Blockchain technology in the energy sector Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Blockchain technology in the energy sector Market PEST Analysis, 2016
3.6. Blockchain technology in the energy sector Market Value Chain Analysis
3.7. Blockchain technology in the energy sector Industry Trends
3.8. Competitive Ranking Analysis

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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