openPR Logo
Press release

COVID-19 Impact: How the pandemic has changed the Blockchain Market

04-08-2021 09:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Dive

Blockchain Market

Blockchain Market

Research Dive has added a new report to its offering titled, “Blockchain Market, by Type (Private, Public, Hybrid, Side-chains), Application (Crypto-currencies, Smart Contracts, Financial Services, Video Games, Supply Chain, Domain Names, Others), Enterprise Size (Small & Medium Enterprise and Large Enterprise), End-User (Government, BFSI, Retail & E-Commerce, Healthcare & Life Science, Transportation & Logistics, Others): Global Opportunity Analysis and Industry Forecast, 2020–2027”.

The report claims that the global blockchain market is expected to perceive remarkable growth from 2020 to 2027. This research report provides complete insights on the present condition and future scope of the market. The report is an inclusive research study, offering reliable market insights for shareholders, new entrants, established market players, investors, stakeholders, etc.

Download FREE Sample Report and know How Process simplification in blockchain technology is expected to drive the global blockchain market @

Key Segment Highlights of the Market:

The market is segmented based on type, application, enterprise size, end user, and region.

• Among type segment, the public network sub-segment is projected to observe significant growth in the projected period. This is chiefly because public networks are highly preferred in several application areas.

• Among end user segment, the BFSI sub-segment is projected to offer lucrative opportunities for the market growth during the estimated period. This is mostly due to growing implementation of digitalized process platforms by BFSI for advancing audit transparency.

• Based on region, the Asia Pacific region market is projected to show widespread growth and reveal rewarding growth opportunities for the market growth in the forecast period. This is mainly due to the increasing usage of digital payments, digital wallets, and smart contact in the region.

Market Dynamics

As per the report, the rapid adoption of blockchain technology due to rising awareness about its benefits, such as simplification in business processes, accesses to cryptographic database, minimizing operational costs, and resource optimization, is the key factor driving the global blockchain industry growth. However, implementation of stringent rules and regulations for using blockchain technology is expected to obstruct the market growth. For instance, in India the crypto-currency trade is restricted, whereas in nations such as the U.K. and the U.S. there are no particular policies, which can lead to misuse of this technology.

Check out How COVID-19 impact on the Blockchain Market @

Top Players of the Industry

The top players of the global blockchain industry are

• Inc.,
• Bitfury, Microsoft Co.,
• Intel Co.,
• Oracle Co.,
• International Business Machines Co.,
• Huawei Technologies Co. Ltd.,
• Guard time,
• Digital Asset

Numerous winning business approaches and plans, including groundbreaking technological advances, R&D activities, acquisitions and mergers, etc., carried out by these players are aiding them in achieving a noteworthy position in the global market. In addition, the report provides several finer points about the leading players, such as annual performance, financial status, and product portfolio along with Porter Five analysis and SWOT analysis.

Contact us:
Mr. Abhishek Paliwal
Research Dive
30 Wall St. 8th Floor, New York
NY 10005 (P)
+ 91 (788) 802-9103 (India)
+1 (917) 444-1262 (US)
Toll Free: +1-888-961-4454

About Us:
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

This release was published on openPR.

Permanent link to this press release:

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 COVID-19 Impact: How the pandemic has changed the Blockchain Market here

News-ID: 2267530 • Views: 187

More Releases from Research Dive

Digital Health Market Report 2020: Witness a Sustainable Growth over 2027
A newest report on the global digital health market has been added by Research Dive to its repository. The report presents thorough insights on the impact of COVID-19 pandemic on the present and forthcoming growth of the global industry, by scrutinizing important factors such as key drivers & limitations, newest trends & advances, regional market circumstances, and size & scope of the market in the course of the pandemic. The
North America Orthopedic Implants Market
According to a new report published by Research Dive, titled, "Orthopedic Implants Market : North America Opportunity Analysis and Industry Forecast, 2018-2025," the North America orthopedic implants market size was valued at $23,461 million in 2018, and is projected to reach $30,646 million by 2025, growing at a CAGR of 3.9% from 2019 to 2025. Orthopedic implant is a medical device surgically placed inside the body to restore bone function
North America Sports Medicine Market Revenue, Key Players, Supply-Demand, Invest …
According to a new report published by Research Dive, titled, "Sports Medicine Devices Market : North America Opportunity Analysis and Industry Forecast, 2018-2025," the North America sports medicine devices market was valued at $3,580 million in 2018, and is expected to reach $5,382 million by 2025, registering a CAGR of 6.7% from 2019 to 2025. Sports medicine deals with the physical fitness of athletes. It is used for prevention and
North America Mechanical Ventilator Market Projected to Deliver Greater Revenues
According to a new report published by Research Dive, titled, "North America Mechanical Ventilator Market : Opportunity Analysis and Industry Forecast, 2019-2025," the North America mechanical ventilator market was valued at $623.4 million in 2018 and is projected to reach $963.4 million by 2025, growing at a CAGR of 6.3% from 2019-2025. Mechanical ventilator is also known as a respirator or breathing machine. It provides oxygen to a patient who is

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
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
Global Blockchain Market Forecast to 2025 | Public Blockchain, Private Blockchai …
MarketResearchReports.Biz has recently announced the Latest industry research report on: “Global Blockchain Market Insights, Forecast to 2025 “. This report presents the worldwide Blockchain market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels,