openPR Logo
Press release

Blockchain Technology Market Revenue, Opportunity, Segment and Key Trends with Players Ripple, R3, Coinbase, Huobi, Amazon Web Services, IBM Corporation, Microsoft Corporation

03-06-2020 11:20 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Blockchain Technology Market

Blockchain Technology Market

With increasing applications across the financial sector, blockchain technology market is poised for robust growth in the coming years. A study conducted by Global Market Insights Inc. also predicts that the blockchain technology market would surpass USD 25 billion by 2026.

From the past few years, blockchain technology has spread its wings across businesses worldwide, making all economic transactions easier and more seamless. It is accelerating the digital revolution of businesses explicitly with the tokenization of physical resources, digitization of processes, automation, and codification of intricate contracts.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2194

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Alpha point
2. Amazon Web Services Inc.
3. Asta Solutions Pty Ltd.
4. Bacoor Inc.
5. Blocko Inc.
6. Chain Inc.
7. Coinbase Inc.
8. Digiledge
9. Digital Asset Holdings LLC
10. Earthport
11. Exioms Technology Pvt. Ltd.
12. Hewlett Packard Enterprises (HPE)
13. Huobi
14. IBM Corporation
15. Microsoft Corporation
16. Paystand
17. Peer Ledger
18. R3
19. SAP SE
20. SimplyFi SofTech India Pvt. Ltd.
21. SmartMesh Foundation Pte. Ltd.

Blockchain technology can efficiently be used in the stock market to directly transfer shared ownership between several participants instead of using a centralized hub for every transition. The technology proves to be a helping hand for the stock market as it reduces risk, facilitates faster exchange, and offers transparency & security.

The stock market stakeholders like traders, brokers, and regulators, have to go through complex processes, which could take up to around three days to complete because of various intermediaries. Blockchain technology addresses this issue by streamlining mechanism through automation and decentralization. Moreover, it helps stakeholders to reduce the cost boosting the process for faster transactions.

On the regional front, North America is expected to offer lucrative growth opportunities to the blockchain technology market. The technology is deployed across several industry verticals for the implementation of payment & wallet solutions, documentation applications, smart contracts & digital identity detection services.

North America has witnessed heavy venture capital investments in the blockchain sector. Notably, the United States held for around 56% of the share in global blockchain investments between 2012-2017. Several Chinese cryptocurrency mining companies are considering Canada as a lucrative hub for cryptocurrency mining owing to the region's reliable & cheap energy resources. Canada has a cold climatic which helps in maintaining a cool environment for servers, thereby safeguarding them from overheating.

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2194

It is vital to mention that the blockchain technology market is highly fragmented because of strong present of various business start-ups. These companies are actively engaged in raising funds from venture capitalists, prominent industry leaders, and investors to advance their R&D activities. Apart from R3, Microsoft Corporation, IBM Corporation, and SAP SE are other key market players currently at the forefront of blockchain technology market.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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 Technology Market Revenue, Opportunity, Segment and Key Trends with Players Ripple, R3, Coinbase, Huobi, Amazon Web Services, IBM Corporation, Microsoft Corporation here

News-ID: 1957509 • Views: 200

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

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