Press release
Global Blockchain Market Value Expected To Reach $60.2 Billion By 2025 At A CAGR Of 97%
The Business Research Company offers "Blockchain Global Market Report 2021 - By Type (Private, Public, Hybrid), By Provider (Application, Middleware, Infrastructure), By Application (BFSI, Telecom & IT, Government), COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The blockchain market report describes and explains the global blockchain market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The blockchain market consists of sales of blockchain technology by the entities that develop this technology. Blockchain is a decentralized ledger or a database that records the data of the organizations in many databases which is called a block over a network called chain connected in peer to peer version referred to as node. Blockchain is preferred for its safe, secure and transparent nature.
The global blockchain market is expected to grow from $2.24 billion in 2020 to $4.01 billion in 2021 at a compound annual growth rate (CAGR) of 79%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $60.2 billion in 2025 at a CAGR of 97%.
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Some of the major players of the blockchain market are Amazon Web Services, Inc., BTL Group Ltd., r3, Bitfury, IBM, ConsenSys, LeewayHertz, 4IRE Labs, Factom, Synsoft Global, OpenLedger, Inn4Science, Titanium Blockchain, Blockchain Intelligence Group, Blockchangers, ChromaWay, Intellectsoft, Altoros, Deqode, Primechain, SoluLab, Accubits, SheerChain, Espeo, Venture Aviator, Software Mill.
The countries covered in the global blockchain market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global blockchain market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global blockchain market is segmented -
1) By Type: Private, Public, Hybrid
2) By Provider: Application, Middleware, Infrastructure
3) By Application: BFSI, Telecom & IT, Government
Read More On The Global Blockchain Market Report:
https://www.thebusinessresearchcompany.com/report/blockchain-market-global-report-2020-30-covid-19-growth-and-change
Few Points From Table Of Content
1. Executive Summary
2. Blockchain Market Characteristics
3. Blockchain Market Trends And Strategies
4. Impact Of Covid-19 On Blockchain
5. Blockchain Market Size And Growth
.....
26. Africa Blockchain Market
27. Blockchain Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Blockchain Market
29. Blockchain Market Future Outlook And Potential Analysis
30. Appendix
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