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What's driving the Blockchain IoT Market Growth? | Leading players IBM Corporation Microsoft Corporation, Intel Corporation, Amazon.com, Cisco Systems, Ethereum Foundation, The Linux Foundation, R3, Filament, Ambrosus , Atonomi

05-12-2020 08:34 PM CET | IT, New Media & Software

Press release from: Market Study Report LLC

Blockchain IoT Market

Blockchain IoT Market

A recent report added by Market Study Report, LLC, on Blockchain IoT Market provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business.

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. 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.

Request a sample of this premium report titled Global Blockchain IoT Market at https://www.marketstudyreport.com/request-a-sample/2589961?utm_source=openpr.com&utm_medium=Ram

However, uncertain regulatory status and lack of awareness about blockchain technology are expected to hamper the market growth. 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. 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. 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.

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.

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:
Hardware
Software
Infrastructure Provider

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

Furthermore, years considered for the study are as follows:
Historical year ?EUR" 2016, 2017, 2018
Base year ?EUR" 20198
Forecast period ?EUR" 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

Request a discount on standard prices of this premium report titled Global Blockchain IoT Market at https://www.marketstudyreport.com/check-for-discount/2589961?utm_source=openpr.com&utm_medium=Ram

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?EUR(TM)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?EUR(TM)s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Blockchain IoT Market, by Offerings
5.1. Market Snapshot
5.2. Global Blockchain IoT Market by Offerings, Performance - Potential Analysis
5.3. Global Blockchain IoT Market Estimates & Forecasts by Offerings 2016-2026 (USD Billion)
5.4. Global Blockchain IoT Market, Sub Segment Analysis
5.4.1. Hardware
5.4.2. Software
5.4.3. Infrastructure Provider
Chapter 6. Global Blockchain IoT Market, by Application
6.1. Market Snapshot
6.2. Global Blockchain IoT Market by Application, Performance - Potential Analysis
6.3. Global Blockchain IoT Market Estimates & Forecasts by Application 2016-2026 (USD Billion)
6.4. Global Blockchain IoT Market, Sub Segment Analysis
6.4.1. Smart Contract
6.4.2. Data Security
6.4.3. Data Sharing/Communication
6.4.4. Asset Tracking & Management
Chapter 7. Global Blockchain IoT Market, Regional Analysis
7.1. Global Blockchain IoT Market, Regional Market Snapshot
7.2. North America Global Blockchain IoT Market
7.2.1. US Global Blockchain IoT Market
7.2.1.1. Offerings breakdown estimates & forecasts, 2016-2026
7.2.1.2. Application breakdown estimates & forecasts, 2016-2026
7.2.2. Canada Global Blockchain IoT Market
7.3. Europe Global Blockchain IoT Market Snapshot
7.3.1. U.K. Global Blockchain IoT Market
7.3.2. Germany Global Blockchain IoT Market
7.3.3. Rest of Europe Global Blockchain IoT Market
7.4. Asia-Pacific Global Blockchain IoT Market Snapshot
7.4.1. China Global Blockchain IoT Market
7.4.2. India Global Blockchain IoT Market
7.4.3. Japan Global Blockchain IoT Market
7.4.4. Rest of Asia Pacific Global Blockchain IoT Market
7.5. Latin America Global Blockchain IoT Market Snapshot
7.5.1. Brazil Global Blockchain IoT Market
7.5.2. Mexico Global Blockchain IoT Market
7.6. Rest of The World Global Blockchain IoT Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. IBM Corporation
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Microsoft Corporation
8.2.3. Intel Corporation
8.2.4. Amazon.com, Inc.
8.2.5. Cisco Systems
8.2.6. Ethereum Foundation
8.2.7. The Linux Foundation
8.2.8. R3
8.2.9. Filament
8.2.10. Ambrosus
8.2.11. Atonomi
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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