Blockchain Technology Market is Projected to be Fueled by Rapid Technological Advancement | IBM Corporation, Microsoft Corporation, Deloitte Touche Tohmatsu Ltd. AND Others
Blockchain Technology Market – Drivers and Restraints
The global blockchain technology market is projected to register a significant CAGR over the forecast period as the increase in the demand of the innovative blockchain technology from the various industries such as banking, financial institutes and insurance. The blockchain technology creates the transparency and immutability in the transactions which is the key driving factor of the global blockchain technology market. The adoption of the technology based applications such as payments, exchanges, documentation and digital identities also boost the demand and drives the global blockchain technology market.
However, the ever growing size of the blockchain and database might become leads to the problem of data storage and synchronization, which may hamper the growth of the global blockchain technology market. The lack of awareness about the advantages of the blockchain technology over the traditional technologies may also restrain the growth of the global blockchain technology market over the forecast period.
Request to View Sample of Research Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2413
Blockchain Technology Market – Segmentation
The global blockchain technology market is segmented on the basis of service provider, application, end user and region.
On the basis of service provider,the global blockchain technology market is segmented as follows:
Application and solution provider
Infrastructure and protocols provider
On the basis of application,the global blockchain technology market is segmented as follows:
Clearing and settlement
On the basis of end user,the global blockchain technology market is segmented as follows:
Media and entertainment sector
Government and public sector
Healthcare and life sciences sector
Retail and ecommerce sector
Blockchain Technology Market – Regional Outlook
The global blockchain technology market is segmented into the seven regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The North America is dominating the global blockchain technology and contributed the leading shares in terms of revenue to the global blockchain technology as the high acceptance of blockchain technology due to its transparency and immutability. The Western Europe also contributed the significant shares to the global blockchain technology and anticipated to register the healthy growth over the forecast period. APEJ is the most lucrative market for the blockchain technology as the growing demand for the blockchain technology from the various industries such as banking, finance, insurance, media and entertainment and, retail and ecommerce sectors. Latin America and MEA are at a nascent stage in the global blockchain technology market due to low awareness and adaptability in the regions and anticipated to register the decent market growth over the forecast period. Overall, the global blockchain technology market is projected to register a significant CAGR over the forecast period 2016 – 2026.
Need more information about Report methodology @ https://www.futuremarketinsights.com/toc/rep-gb-2413
Blockchain Technology Market – Key Players
The key players of the global blockchain technology market are as follows:
Deloitte Touche Tohmatsu Ltd.
Blockchain Tech Ltd
Digital Asset Holdings
Ripple Labs Inc.
Global Arena Holding, Inc.
BitFury Usa Inc.
Circle Internet Financial Limited
Global Arena Holding, Inc.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
This release was published on openPR.
Permanent link to this press release:
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 Technology Market is Projected to be Fueled by Rapid Technological Advancement | IBM Corporation, Microsoft Corporation, Deloitte Touche Tohmatsu Ltd. AND Others here
News-ID: 1770154 • Views: 1333
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
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
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
Global Blockchain Market Forecast to 2025 | Public Blockchain, Private Blockchai …
MarketResearchReports.Biz has recently announced the Latest industry research report on: “Global Blockchain Market Insights, Forecast to 2025 “. This report presents the worldwide Blockchain market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels,