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Blockchain Services Market 2021 Emerging Players And Latest Trends - IBM Corporation, Amazon.com, Microsoft Corporation
Blockchain Services Market
The blockchain services market report describes and explains the global blockchain services 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 services market consists of sales of blockchain services and related products. For companies engaged in building blockchain applications blockchain-as-a-service acts as a third-party service that creates and manages cloud-based networks which is a growing field for blockchain technology. The revenue generated by the blockchain services market is through sales of blockchain services by platform vendors and service providers for the application of identity management, payments, smart contracts, supply chain management, and others.
The global blockchain services market is expected grow from $1.06 billion in 2020 to $1.62 billion in 2021 at a compound annual growth rate (CAGR) of 52.8%. 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 $10.45 billion in 2025 at a CAGR of 59%.
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Some of the major players of the blockchain services market are IBM Corporation, Amazon.com, Microsoft Corporation, Oracle Corporation, SAP, Stratis, Baidu, Inc., Huawei Technologies Co. Ltd.
The countries covered in the global blockchain services 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 services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global blockchain services market is segmented -
1) By Component: Tools, Services
2) By End-Use: BFSI, IT & Telecom, Healthcare, Retail, Manufacturing, Logistics, Government, Media & Entertainment, Energy and Utilities, Others
3) By Application: Payments, Smart Contracts, Supply Chain Management, Governance, Risk, and Compliance Management, Identity Management, Others
Read More On The Global Blockchain services Market Report:
https://www.thebusinessresearchcompany.com/report/blockchain-services-market-global-report-2020-30-covid-19-growth-and-change
Few Points From Table Of Content
1. Executive Summary
2. Blockchain Services Market Characteristics
3. Blockchain Services Market Trends And Strategies
4. Impact Of Covid-19 On Blockchain Services
5. Blockchain Services Market Size And Growth
.....
27. Blockchain Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Blockchain Services Market
29. Blockchain Services Market Future Outlook And Potential Analysis
30. Appendix
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