openPR Logo
Press release

Blockchain as a Service Market to Grow at 90.1% CAGR to 2023 | IBM, Microsoft , Oracle , SAP , Waves Platform, HPE , Baidu , Stratis , AWS , Huawei and Othetrs

03-27-2019 09:11 PM CET | IT, New Media & Software

Press release from: ReportsandReports

Blockchain as a Service Market to Grow at 90.1% CAGR to 2023 | IBM,

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 as a service 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.

#Get Here Free Sample Research Report of “Blockchain as a Service Market” at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1540707

The Global Blockchain as a Service(BaaS) Market to grow from US$ 623.0 Million in 2018 to US$ 15,455.0 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 90.1% during the forecast period. The BaaS market has grown rapidly, due to the need to lower risks, complexities, and increase efficiency along with the low cost of bandwidth, data storage, and computing. These factors are expected to drive the adoption of the blockchain technology.

#Complete report on Blockchain Government Market spread across 178 pages, profiling 25 companies and supported with tables and figures. Access Research at https://www.reportsnreports.com/purchase.aspx?name=1540707

The Blockchain as a Service Market has grown rapidly, due to the need to lower risks, complexities, and increase efficiency along with the low cost of bandwidth, data storage, and computing. These factors are expected to drive the adoption of the blockchain technology. However, uncertain regulatory and compliance environment is expected to limit the market growth.

The supply chain management segment is estimated to hold the largest market share in 2018. By leveraging the benefits of BaaS offerings, organizations drive their supply chain processes with better resource allocation, maximized productivity, and reduced costs. The manufacturing industry is expected to grow at the highest CAGR during the forecast period, as BaaS offerings ease various manufacturing processes by maintaining and aggregating records, which help boost the efficiency by ensuring proper utilization of workforce.

“North America is expected to account for the largest market share, while Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period”
North America is estimated to have the largest market size in 2018 followed by Europe, owing to technology developments in this region. North America is an early adopter of technology trends. Being a hub for innovations, combined with its developed capital markets and financial setup, North America presents strong opportunities for BaaS vendors to expand their presence locally. The adoption of BaaS offerings is expected to increase in APAC and Latin America.

Study Objectives:
The objective of the report is to define, describe, and forecast the market trends based on components, business applications, organization size, industry, and region. The objective is to provide detailed information related to the major factors, such as drivers, restraints, opportunities, and challenges, influencing the market growth.

#Target Audience for Blockchain as a Service Market : Cloud Service Providers (CSPs), Blockchain technology providers, Managed Service Providers (MSPs), System integrators, End-users, Third-party providers, Value-Added Resellers (VARs), Support and maintenance service providers, Government agencies, Consultants/ consultancies/ advisory firms.

#Top Key Players in the “Blockchain as a Service Market” include are IBM (US), Microsoft (US), Oracle (US), SAP (Germany), Waves Platform (Russia), HPE (US), Baidu (China), Stratis (UK), AWS (US), Huawei (China), KPMG (Netherlands), Accenture (Ireland), PwC (UK), Infosys (India), TCS (India), TO THE NEW (India), Capgemini (France), Deloitte (US), Cognizant (US), EY (UK), NTT Data (Japan), ConsenSys (US), Wipro (India), L&T Infotech (India), andMphasis (India)

#Enquire about Report @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1540707

#Competitive Landscape of Blockchain as a Service Market:
1 Overview
2 Competitive Scenario
2.1 New Product Launches and Product Upgradations
2.2 Partnerships and Collaborations
2.3 Acquisitions
2.4 Business Expansions
3 Blockchain as a Service Market: Prominent Players

About Us:-
ReportsnReports provides you the further information and more details with intelligence needs for your business. Access to in-depth market trends helps companies to assess the market effectiveness. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

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

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Blockchain as a Service Market to Grow at 90.1% CAGR to 2023 | IBM, Microsoft , Oracle , SAP , Waves Platform, HPE , Baidu , Stratis , AWS , Huawei and Othetrs here

News-ID: 1675416 • Views: 388

More Releases from ReportsandReports

12.4% Growth Rate for Student Information System Market by 2023 | Latest Innovat …
According to Market Study Report, Student Information System Market provides a comprehensive analysis of the Student Information System Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Student Information System Market. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample
Event Management Software Market Expected to Grow at 11.4 Billion In Revenue by …
A fresh report titled on “Event Management Software Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample Report @
Insurance Analytics Market Is Thriving Worldwide | Latest Innovation, Advance Te …
The Global Insurance Analytics 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. Insurance Analytics Market report spread across 179 Pages, Profiling 25 Companies and Supported with 73 Tables and 51 Figures is now available in this Research report. The Global Insurance Analytics Market to grow from US$
8.3% Growth Rate for Applicant Tracking System Market by 2023 | Global Forecast, …
The Global report titled “Applicant Tracking System Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 131 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1564546 The Applicant Tracking System Market

All 5 Releases


More Releases for Blockchain

Blockchain in Retail Market
Blockchain or the distributed ledger technology is serving the retail industry for transforming the product processes.There is an increasing need for transparency for the product processes and for meeting the demand by the retail industry. This has majorly driven the blockchain in retail market. Further, factors including rising need for reduction of redundant data and rising need for limiting the total cost of ownership have supplemented the demand for blockchain
Timeus blockchain 3.0
Timeus is verified blockchain that can be base of laws drafting. Smart contracts are like legal contracts, states are able to collect taxes and to monitor transactions etc. Timeus uses unique consensus, we called it proof of fortuity (POF). Every block is verified with master node which chosen randomly. Each node is low nodes cluster. Low node is allocated by consumers HDD space and low-node is backup of certain other
Blockchain Help—Services Page
Blockchain Help, since its inception, has been providing cutting-edge technology solutions and in-depth domain expertise in bitcoins, blockchain development, ICO launches and cryptocurrency development. Ably supported by an exceptionally talented and experienced team of technocrats, Blockchain Help is quickly gaining recognition as the one-stop solution to everything related to blockchain and cryptocurrencies. Why choose Blockchain Help? • 10+ years of programming expertise • Extensive experience in blockchain technology solutions across industry sectors • Competitive pricing • 3 months of
New Technology Snapshot: Blockchain
The Blockchain Technology Snapshot is a deep-dive report, developed by industry experts and thought leaders, which assesses how emerging technologies are re-shaping industrial and consumer sectors and the services. The report provides a snapshot of recent developments in the blockchain, its core uses beyond cryptos, and the emerging importance of smart contracts and distributed applications. Furthermore, the report looks at innovative companies in the blockchain area, by providing examples of
Oodles Blockchain Uses Top Blockchain Platforms To Expedite Blockchain Adoption
With an aim to leverage the blockchain technology to change the centralized system and make it decentralized, Oodles Blockchain has decided to use top blockchain platforms to develop consumer-based blockchain applications. Oodles Blockchain, a micro-website of Oodles Technologies, developed mainly to focus on blockchain technology, is delighted to announce that it will be expanding its horizon of blockchain development services by using a few latest open source blockchain platforms like
Blockchain in Insurance: MarketResearchReports.Biz
Recent research and the current scenario as well as future market potential of "Blockchain in Insurance" globally. Summary Blockchain technology, often referred to as distributed ledger technology (or DLT), is a means by which the participants in a distributed network can each maintain a copy of an immutable ledger of transactions, and where transactions can be executed without the need for a single, central, coordinating authority. We are not suggesting universal uptake of