Press release
Blockchain Technology Market Trends 2020 | Alpha point; Amazon Web Services, Inc.; Exioms Technology Pvt. Ltd.; Hewlett Packard Enterprises (HPE); IBM Corporation; Microsoft Corporation
Blockchain Technology Market
Key Companies: - Alpha point; Amazon Web Services, Inc.; Asta Solutions Pty Ltd.; Bacoor, Inc.; Blocko, Inc.; Chain, Inc.; Coinbase, Inc.; Digiledge; Digital Asset Holdings, LLC; Earthport; Exioms Technology Pvt. Ltd.; Hewlett Packard Enterprises (HPE); Huobi; IBM Corporation; Microsoft Corporation; Paystand; Peer Ledger; R3; SAP SE; SimplyFi SofTech India Pvt. Ltd.; and SmartMesh Foundation Pte. Ltd.
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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.
The technology enhances transparency, improves efficiency, and eases business processes. Moreover, it offers numerous benefits like the elimination of reconciliation, duplicative recordkeeping, and validation of transactions.
Pointers that are contained in the blockchain technology market report with respect to the Providers terrain:
Providers segmentation: The blockchain technology industry, as claimed by the report, is split into Infrastructure Provider, Application Provider, Operators, pertaining to the Providers landscape.
Market share & size details:
o The report enlists the present share that the Providers segments hold in the industry.
o The valuation in the base year and the returns that the segments are expected to accumulate by the end of the forecast period are also given in the report.
Further information:
Details about the ongoing and future trends characterizing the industry growth graph are provided.
Pointers that are contained in the blockchain technology market report with respect to the Application terrain:
Application segmentation: The blockchain technology market, as per the report, is segmented into Smart Contract, Payment & Wallet, Digital Identity, Exchange, Compliance & Risk Management, with reference to the Application landscape.
Market share & size details:
o The report mentioned the share that the Application categories account for in the industry.
o The base valuation as well as the remuneration that the segments are expected to accumulate by the end of the anticipated period are given in the report.
Further information:
Details about the ongoing and future trends defining the industry growth graph are provided.
Pointers that are contained in the blockchain technology market report with respect to the End-use terrain:
End-use segmentation: The blockchain technology industry is divided into BFSI, Government, Healthcare, IT Service, Media & Entertainment, Transportation & Logistics, as per the End-use landscape, says the report.
Market share & size details:
o The report enlists the current share that the End-use segments hold in the industry.
o The base remuneration and the forecast valuation (by the end of the projected period) are also given in the study.
Further information:
Information about the ongoing and future trends characterizing the growth map of the vertical is also provided.
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.
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To amalgamate within the confines of a single entity, the blockchain technology market report can be effectively claimed to be a collective analysis of the industry in question - a vastly well-articulated document that evaluates the blockchain technology industry with respect to vital parameters and enlists essential pointers pertaining to educate the uninitiated about the industry insights. Also, the study is aimed to help potential stakeholders leverage the ongoing trends of the industry, having understood the regulatory and competitive spectrums of the blockchain technology market as presented in the report.
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