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What's driving the Blockchain IoT Market Size? IBM Corporation, Microsoft Corporation, Intel Corporation, Amazon.com Inc., Cisco Systems, Ethereum Foundation, R3.

04-21-2020 11:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

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Blockchain IoT Market

Blockchain IoT Market

MarketStudyReport.com offers 2019 report on Global Blockchain IoT Market that evaluates industry growth trends through historical data and estimates prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2019-2026.

Global Blockchain IoT Market is valued approximately at USD 59.42 million in 2019 and is anticipated to grow with a healthy growth rate of more than 90.33% over the forecast period 2020-2026. The market growth is primarily driven by increasing adoption of internet of things along with the rising emphasis on enhancing operational efficiency.

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The regional analysis of Global Blockchain IoT market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Over the coming years, the Asia Pacific region is projected to see significant growth in the global IoT blockchain industry. China is projected to generate enormous demand for blockchain solutions, particularly from its manufacturing sector. Owing to the growing investment made for retail IoT solutions, the European blockchain IoT market is projected to hold a large share globally. Top retailers are focused on using blockchain-based IoT technologies to optimize their retail services to clients.

Blockchain provides security with improved levels of encryption that remove the challenges IoT faces. The growing demand for product monitoring solutions is thus also driving the IoT blockchain market. Major benefits of blockchain technology are less paperwork leading to less transportation delays, lower shipping costs, few manual errors and fast product recognition.

Blockchain technology is used by many retailers and manufacturers to streamline their processes and reduce extra overheads. Additionally, the implementation of both blockchain and IoT is helping retailers monitor products and avoid product manipulation.

One reason for such a rise in the industry is worldwide IoT networking for data sharing. At the same time, service offering greater protection in data transfer often helps to increase the adoption of this technology. The growing acceptance of blockchain payment technology in the retail sector is expected to drive the blockchain IoT market over the forecast timespan.

Additionally, growth in initiatives taken by government and surging utility of blockchain solutions for digital identity and smart contracts are further likely to propel the growth of the market. However, uncertain regulatory status and lack of awareness about blockchain technology are expected to hamper the market growth.

Major market player included in this report are:
o IBM Corporation
o Microsoft Corporation
o Intel Corporation
o Amazon.com, Inc.
o Cisco Systems
o Ethereum Foundation
o The Linux Foundation
o R3
o Filament
o Ambrosus
o Atonomi

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offerings:
o Hardware
o Software
o Infrastructure Provider

Application:
o Smart Contract
o Data Security
o Data Sharing/Communication
o Asset Tracking & Management

By Region:
o North America
o U.S.
o Canada
o Europe
o UK
o Germany
o Asia Pacific
o China
o India
o Japan
o Latin America
o Brazil
o Mexico
o Rest of the World

Furthermore, years considered for the study are as follows:
o Historical year - 2016, 2017, 2018
o Base year - 20198
o Forecast period - 2020 to 2026

Target Audience of the Global Blockchain IoT Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
o Investors

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Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Global Blockchain IoT Market, by Region, 2018-2026 (USD Billion)
1.2.2. Global Blockchain IoT Market, by Offerings, 2018-2026 (USD Billion)
1.2.3. Global Blockchain IoT Market, by Application, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Blockchain IoT Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Blockchain IoT Market Dynamics
3.1. Global Blockchain IoT Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Blockchain IoT Market: Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2016-2026)

Related Report:
Global Transactional Video on Demand Market 2020 by Company, Regions, Type and Application, Forecast to 2025

The Transactional Video on Demand market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

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