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What Factors Increased the Demand of Blockchain in Energy Market At Global Level, Know More

06-14-2019 07:49 AM CET | IT, New Media & Software

Press release from: RnRMarketResearch.com

The Global Blockchain in Energy 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 Free Sample research report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=1616065 .

The Blockchain in Energy Market is projected to reach US$ 7,110.1 Million by 2023, from an estimated US$ 394.3 Million in 2018, at a CAGR of 78.32%. This report spread across 142 pages, profiling 18 companies and supported with tables and figures is now available in this research.

“The private segment is expected to be the fastest growing market in the blockchain in energy market from 2018 to 2023.”
The private segment held the largest market share in 2017 and is estimated to be the fastest growing segment during the forecast period. The private segment provides more security over public blockchain. It can be utilized for various use cases including smart contracts, asset registry, and digital identity for various application such as energy trading and payment schemes.

“Asia Pacific: The fastest growing market for blockchain in energy market”
The Asia Pacific is expected to be the largest market for blockchain in energy market in 2023 and is projected to grow at the highest CAGR during the forecast period. Australia accounted for the largest share of the blockchain in energy market in the Asia Pacific in 2017 as it is one of the early adopters of the blockchain technology in the region. For instance, Origin Energy, one of the leading energy providers of Australia, in a partnership with Power Ledger plans to adopt new energy trading platforms to maintain the record of buying and selling energy.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1- 65%, Tier 2- 21%, and Tier 3- 14%
• By Designation: C-Level- 28%, Managers- 36%, and Others- 36%
• By Region: Asia Pacific-57%, North America-13%, and South America 5%, and RoW-25%

Report Highlights:
• To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders

• To forecast the growth of the blockchain in energy market with respect to the major regions (Asia Pacific, Europe, North America, and RoW)

• To define and segment the blockchain in energy market with respect to type, component, application, end-user, and region

• To provide detailed information about major factors influencing the growth of the blockchain in energy market (drivers, restraints, opportunities, and industry-specific challenges)

• To strategically analyze the blockchain energy market with respect to individual growth trends, future expansions, and contributions to the market

• To strategically profile key players and comprehensively analyze their market rankings and core competencies

• To analyze competitive developments such as new product development, mergers & acquisitions, expansions & investments, and contracts & agreements, in the blockchain energy market

Target Audience for Blockchain in Energy Market: Blockchain technology vendors, Blockchain security providers, Communication service providers, Consultants/consultancies/advisory firms, Energy associations, Government agencies, Independent software vendors, Infrastructure and protocol providers, Managed Service Providers (MSPs), Network solution providers, Payment gateway providers, Support and maintenance service providers, System integrators and implementation service providers, Third-party service providers, Value-Added Resellers (VARs), Trading software providers.

Avail Discount @ http://www.rnrmarketresearch.com/contacts/discount?rname=1616065 .

Top Companies profiled in the Blockchain in Energy Market include are Accenture, AWS, Bigchaindb, BTL, Deloitte, Grid+, IBM, Infosys, Microsoft, Nodalblock, Oracle, Power Ledger, SAP,Wepower, Lo3 Energy, Enosi, Electron, Drift.

Contact:
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Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India

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