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Global Blockchain Technology in Energy Market Growth (Status and Outlook) 2019-2024
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Blockchain is a technology that enables so-called “peer-to-peer” transactions. With this type of transaction, every participant in a network can transact directly with every other network participant without involving a third-party intermediary.
Blockchain technology can help reducing energy inequality and inefficiency and empower consumers to buy and sell energy from other consumers directly. Energy companies can leverage blockchain to impact capital expenditure, security, operating costs, and risk management.
In the energy industry, blockchain applications are growing increasingly common. The blockchain ledger is being used to reduce transaction costs, pinpoint origins of energy, and increase the efficiency of exchanges.
Blockchain Technology in Energy are mainly classified into the following types: Public Blockchain, Private Blockchain. Private Blockchain is the most widely used type which takes up about 71 % of the total in 2018 in Global
Europe is the largest countries of Blockchain Technology in Energy in the world in the past few years and it will keep increasing in the next few years. Europe market took up about 35% the global market in 2018, while United States and China were about 34%, 16%.
According to this study, over the next five years the Blockchain Technology in Energy market will register a 40.5% CAGR in terms of revenue, the global market size will reach US$ 2647.2 million by 2024, from US$ 484.2 million in 2019. In particular, this report presents the global revenue market share of key companies in Blockchain Technology in Energy business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Blockchain Technology in Energy market by product type, application, key companies and key regions.
This study considers the Blockchain Technology in Energy value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Public Blockchain
Private Blockchain
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Electric Power
Petroleum
Natural Gas
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
IBM
Microsoft
Accenture
ConsenSys
Infosys
Drift
Electron
Btl Group Ltd.
LO3 Energy Inc
Power Ledger
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Blockchain Technology in Energy market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Blockchain Technology in Energy market by identifying its various subsegments.
Focuses on the key global Blockchain Technology in Energy players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Blockchain Technology in Energy with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Blockchain Technology in Energy submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Related Information:
North America Blockchain Technology in Energy Market Growth 2019-2024
United States Blockchain Technology in Energy Market Growth 2019-2024
Asia-Pacific Blockchain Technology in Energy Market Growth 2019-2024
Europe Blockchain Technology in Energy Market Growth 2019-2024
EMEA Blockchain Technology in Energy Market Growth 2019-2024
Global Blockchain Technology in Energy Market Growth 2019-2024
China Blockchain Technology in Energy Market Growth 2019-2024
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