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What’s driving the Blockchain Technology in the Energy Sector Market growth? | Accenture, Oracle Corporation, Microsoft Corporation, Deloitte, IBM Corporation, Grid+, Nodalblock, SAP SE, Power Ledger Pty Ltd.

06-26-2019 01:19 PM CET | IT, New Media & Software

Press release from: MarketReportStudy

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Blockchain Technology in the Energy Sector Market

Blockchain Technology in the Energy Sector Market

MarketStudyReport.com Adds New Blockchain Technology in the Energy Sector Market 2018 - 2026 research report providing information and data By Type, By End-Use, By Application, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 120 Pages with table and figures in it.

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.

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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.

The Blockchain Technology In The Energy Sector Market is projected to reach over USD 10,287 million by 2026 according to a new research. 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.

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.

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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

4. Blockchain Technology In The Energy Sector Market Size and Forecast, 2017-2026 by Type
4.1. Key Findings
4.2. Public
4.3. Private

5. Blockchain Technology In The Energy Sector Market Size and Forecast, 2017-2026 by Application
5.1. Key Findings
5.2. Energy Trading
5.3. Grid Management
5.4. Supply Chain Management
5.5. Payment Schemes
5.6. Others

6. Blockchain Technology In The Energy Sector Market Size and Forecast, 2017-2026 by End-User
6.1. Key Findings
6.2. Oil and Gas
6.3. Power
6.4. Others

More Details on this Report At: https://www.marketstudyreport.com/reports/blockchain-technology-in-the-energy-sector-market-by-type-public-private-by-application-energy-trading-grid-management-supply-chain-management-payment-schemes-others-by-end-user-oil-and-gas-power-others-by-region-market-size-forecast-2018-2026?utm_source=openpr.com-MM

Related Report:

1. Global Blockchain Technology in Healthcare Market Size, Status and Forecast 2019-2025

In the healthcare sector, the blockchain technology is anticipated to have an increased demand owing to the increasing cases of medical data breaches, increasing numbers of counterfeit drugs and medicines, and the growing investments in the start-ups that are associated with the healthcare blockchain technology. Other supporting factors for the market growth are increasing adoption of the blockchain as a service (BaaS) solutions and the initiatives taken by the government in order to implement the blockchain technology in the healthcare sector. All these factors are anticipated to drive the growth of the blockchain technology in healthcare market. https://www.marketstudyreport.com/reports/global-blockchain-technology-in-healthcare-market-size-status-and-forecast-2019-2025?utm_source=openpr.com-MM

2. Global Blockchain Technology in Energy Market Size, Status and Forecast 2019-2025

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%. In 2018, the global Blockchain Technology in Energy market size was 495 million US$ and it is expected to reach 4962.6 million US$ by the end of 2025, with a CAGR of 39.0% during 2019-2025. https://www.marketstudyreport.com/reports/global-blockchain-technology-in-energy-market-size-status-and-forecast-2019-2025?utm_source=openpr.com-MM

3. Global Blockchain Technology in BFSI Market Size, Status and Forecast 2019-2025

One driver in the market is increasing government investments in blockchain technology. The increasing investments in blockchain technology by various governments across the world is a major factor driving the growth of the global blockchain technology market in BFSI sector. Countries such as the UK, Canada, Russia, and China are experimenting by placing their national currencies on the blockchain. One of the major factors hindering the growth of the global blockchain technology market in BFSI sector is the lack of trust in the blockchain technology. The growing adoption of blockchain technology by the BFSI companies in Europe, will drive the growth prospects of the blockchain technology market in BFSI sector in EMEA. As a result, this region will be the major contributor to the blockchain market by the end of the forecast period. https://www.marketstudyreport.com/reports/global-blockchain-technology-in-bfsi-market-size-status-and-forecast-2019-2025?utm_source=openpr.com-MM

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