Press release
Blockchain Market Witnessing Hugh Growth During Forecast Period 2020-2027 | IBM, Microsoft, Accenture, Amazon Web Services, SAP
Advantages such as transparency, high operational efficiency, and substantial cost savings are driving the blockchain market globallyLatest market study on "Blockchain Market to 2027 - By Application (Payments, Exchanges, Smart Contracts, Documentation, Digital Identity, Governance, Risk & Compliance, and Others); Industry Vertical (BFSI, Retail, Government, Transportation and Logistics, Healthcare, Automotive, Media & Entertainment, and Others) and Geography- Global Analysis and Forecasts", The Blockchain Market is estimated to reach US$ 162.84 Bn by 2027 from US$ 1.57 Bn in 2018. The report includes key understanding on the driving factors of this market and also highlights the prominent players in the market and their developments.
Get Sample PDF Copy at https://bit.ly/2yEmQbl
Major industries across are globe including BFSI, retail, logistics & transportation, healthcare, automotive, media & entertainment, and government are embracing and investing in disruptive technologies such as Blockchain, artificial intelligence, IoT, big data, and predictive analytics among others. The rising adoption of Blockchain technology is driven by the successful uses cases and proof of concepts of Blockchain in various industries that resulted into increased transparency, enhanced operational efficiency, and reduced costs. The nature of businesses is becoming very competitive in every industry across the world and to compete efficiently, enterprises nowadays relying on technology integration into various business functions to increase operational transparency and efficiency. Blockchain has several applications in the financial sector including payments, capital markets, trade services, investment & wealth management, and securities & commodities exchanges among many others and substantial cost savings is one of the main drivers for rising adoption of Blockchain in this sector.
The global Blockchain is anticipated to exhibit very high growth in near future. Some of the major driving factors contributing to the market growth include extensive adoption of Blockchain solutions in the BFSI sector; advantages such as higher transparency, higher operational efficiency and substantial cost savings; and increasing number of innovative start-ups worldwide will drive the market during the forecast period and have a high impact in the short term. However, factors such as concerns related to data privacy, confidentiality and security; unclear regulatory environment; and interoperability, scalability, and sustainability challenges are anticipated to hinder the market growth in the coming years. During the forecast period, trends such as Rising Government Support and Initiatives and Combination of Blockchain and Artificial intelligence for advanced applications are expected to provide exciting opportunities for the players operating in the Blockchain market.
The key companies operating in the field of Blockchain market that are profiled in the report include IBM Corporation, Microsoft Corporation, Accenture, Amazon Web Services, SAP Se, Hewlett Packard Enterprise Development LP (HPE), Oracle Corporation, Intel Corporation, Ripple, and Bitfury Group among many others.
The report segments the global Blockchain market as follows:
Global Blockchain Market by Application
o Payments
o Exchanges
o Smart Contracts
o Documentation
o Digital Identity
o Governance, Risk & Compliance
o Others
Global Blockchain Market by Industry Vertical
o BFSI
o Retail
o Government
o Transportation and Logistics
o Healthcare
o Automotive
o Media & Entertainment
o Others
Ask For Discount at https://bit.ly/2XSy0nD
Table of Contents
1. INTRODUCTION
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3 MARKET SEGMENTATION
1.3.1 Global Blockchain Market - By Application
1.3.2 Global Blockchain Market - By Industry Vertical
1.3.3 Global Blockchain Market - By Geography
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 COVERAGE
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
4. BLOCKCHAIN MARKET LANDSCAPE
4.1 MARKET OVERVIEW
4.2 ECOSYSTEM ANALYSIS
4.3 PEST ANALYSIS
4.3.1 Blockchain Market - North America PEST Analysis
4.3.2 Blockchain Market - Europe PEST Analysis
4.3.3 Blockchain Market - Asia-Pacific PEST Analysis
4.3.4 Blockchain Market - Middle East and Africa PEST Analysis
4.3.5 Blockchain Market - South America PEST Analysis
5. BLOCKCHAIN MARKET - KEY INDUSTRY DYNAMICS
5.1 KEY MARKET DRIVERS
5.1.1 Extensive Adoption of Blockchain Solutions in the BFSI Industry Vertical
5.1.2 Higher Transparency and Operational Efficiency with Substantial Cost Savings
5.1.3 Increasing Number of Innovative Start-Ups Worldwide
5.2 KEY MARKET RESTRAINTS
5.2.1 Data Privacy, Confidentiality and Security Concerns
5.2.2 Unclear Regulatory Environment
5.2.3 Interoperability, Scalability and Sustainability Challenges
5.3 KEY MARKET OPPORTUNITIES
5.3.1 Rising Government Support and Initiatives Worldwide
5.4 FUTURE TRENDS
5.4.1 Combination of Blockchain and Artificial intelligence for Advanced Applications
5.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
Continue...
Purchase this Premium Report at https://bit.ly/34Xxnuv
Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com
Pune, India
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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 Market Witnessing Hugh Growth During Forecast Period 2020-2027 | IBM, Microsoft, Accenture, Amazon Web Services, SAP here
News-ID: 2020461 • Views: …
More Releases from The Insight Partners

Current Transformer Market is expected to grow a CAGR of 6.1% from 2025 to 2031
The Global Current Transformer Market 2031 that centers around Current Transformer Market examines the significant components with a top to bottom methodology and empowers the client to survey the drawn-out based interest additionally predicts explicit executions. This report gives subjective investigation, clarifying item scope and expounding Market experiences and standpoint.
To Get Sample Copy of Report, Click Here - https://www.theinsightpartners.com/sample/TIPRE00027549/?utm_source=OpenPR&utm_medium=10607
(Our SAMPLE COPY of the report offers a quick…

Healthy Eating Revolution Boosts Packaged Salad Dressings Market Growth Through …
New York, US - October 06, 2025 -The Packaged Salad Dressings market is entering a period of dynamic innovation and expansion, with consumers seeking healthier, flavorful, and convenient dressing options. The market is expected to register steady growth from 2025 to 2031, fueled by evolving consumer preferences and distribution innovations.
As more people globally adopt salads and healthy eating habits, demand for packaged dressings such as vinaigrette, ranch, balsamic, honey mustard,…

High Flow Oxygen Therapy Devices Market Size, Growth Status and Better Investmen …
The Insight Partners analysts forecasts the latest report on "Global High Flow Oxygen Therapy Devices Market (Covid-19) Impact and Analysis by 2031", according to report; The High Flow Oxygen Therapy Devices Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the High Flow Oxygen Therapy Devices…

Motor Protection Market Set for Robust Growth by 2031
The Insight Partners has published its latest research titled"Motor Protection Market Share, Size, Trends, and Forecast by 2031." The report projects consistent growth in the global motor protection market, fueled by increasing industrialization, advances in smart technologies, and tighter safety regulations. With growing infrastructure initiatives and the rise of intelligent systems, the market is poised for significant expansion in terms of size, market share, and innovation through 2031.
Check valuable insights…
More Releases for Blockchain
Pharmaceutical Blockchain Market to Witness Impressive Growth by 2030: IBM Block …
According to HTF Market Intelligence, the Pharmaceutical Blockchain market to witness a CAGR of 55% during the forecast period (2024-2030).The Latest published a market study on Global Pharmaceutical Blockchain Market provides an overview of the current market dynamics in the Global Pharmaceutical Blockchain space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2030. The study breaks the market by revenue and…
Noticias Blockchain Among the First to Launch of Blockchain for Good Alliance (B …
Noticias Blockchain is a premier Spanish blockchain news portal helmed by tech-savvy highly experienced journalists specializing in cryptocurrencies and blockchain technologies. The company recently published a comprehensive coverage of BGA's launch.
Image: https://www.getnews.info/uploads/70692aa238526d085c2aae051094caca.png
The world of cryptocurrencies and blockchain technologies expands at a rapid pace, witnessing breakthroughs big and small on a seemingly daily basis. To ensure that traders, crypto-curious individuals, investors, and blockchain experts across the globe have instant access…
FinTech Blockchain Market Is Booming Worldwide | Ripple, Guardtime, Cambridge Bl …
FinTech Blockchain Market: The extensive research on FinTech Blockchain Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on FinTech Blockchain Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the market, such as market rate, estimated…
Blockchain Security Market Set for Explosive Growth | DMG Blockchain Solutions, …
Global Blockchain Security Market Growth (Status and Outlook) 2021-2026 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Blockchain Security Market. Some of the key players profiled in the study are Oracle, IBM, Kaspersky, Gemalto,…
Impact of Outbreak of Coronavirus (Covid-19) on Blockchain in IOT Market by 2027 …
The Blockchain in IOT market is expected to garner $6000 million and rise at a CAGR of 70% during the forecast period from 2019 to 2027.
A new market report titled “Blockchain in IOT Market” has been added to the repository of Research N Reports. This report provides comprehensive assessment of the current trends, restrains and futuristic opportunities, which are anticipated to provide lucrative avenues for market proliferation. An in-depth description…
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…