Blockchain IoT Market 2022 Growth, Prominent Players: IBM Corporation, Intel Corporation, Microsoft Corporation, Cisco Systems Inc., Amazon Inc.

The Blockchain IoT Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Blockchain IoT market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Blockchain IoT market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Blockchain IoT market.

The blockchain IoT market is expected to register a CAGR of 40% over the forecast period, 2021 - 2026.

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Top Leading Companies of Blockchain IoT Market are - IBM Corporation, Intel Corporation, Microsoft Corporation, Cisco Systems Inc., Amazon Inc., Robert Bosch GmbH, The Linux Foundation, KrypC Technologies, Ethereum Foundation, R3 LLC, IoTA, Waltonchain and others.

Industry News and Updates:

- October 2019 - IBM announced a new supply chain service based on its blockchain platform and its recently acquired, Red Hat open-source software. This service enables developers to integrate legacy data systems on to the distributed ledger with the help of open APIs. The end users, such as distributors, manufacturers, and retailers, would seamlessly be able to integrate the data from sources, such as IoT sensor systems onto Hyperledger, so as to track products throughout the supply chain in real-time.

- September 2019- Linux Foundation announced that it seeks to closely integrate with IOTA Foundation to further leverage LF Edge table. This open collaboration leads the development of LF Edge framework, which is an open-source stack of cloud interoperability, IoT edge with distributed ledger technologies, and would help the company leverage its stack of technologies to advance its development approach toward interoperable solutions for IoT, cloud and edge integration.

Key Market Trends:

Smart City End Users to Hold a Major Market Share

- Over the last few decades, the world has experienced unparalleled urban growth, majorly due to an increase in population, scarcity of resources, and climate changes. According to the United Nations, about 54% of people dwell in cities, which is expected to reach 66% by 2050. To cope up with the urban growth, government bodies are focusing on modern technologies, such as IoT, wireless communication, and blockchain, aiming to reduce cost and use resources optimally.
- For instance, the Netherlands deployed IoT infrastructure in Amsterdam to regulate and monitor the city's energy usage, traffic flow, and safety, real-time.

Asia-Pacific to Witness the Highest Growth

- The Asia-Pacific region is expected to grow at the highest rate over the forecast period, owing to the rising influx of technology companies in the region, coupled with the increasing investments in IoT technology, smart city deployments, government initiative, and growth of urban population.
- For instance, in November 2019, Hyperchain, a blockchain firm, announced that China's State Grid Corporation accepted its bid for a blockchain solution to leverage the Internet of things (IoT) capabilities as part of its procurement program.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Blockchain IoT Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Blockchain IoT Market (%),2016 - 2026
- Blockchain IoT Market Share, By Brand
- Blockchain IoT Market Share, By Company
- Blockchain IoT Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Blockchain IoT Market Value Analysis & Forecast
- Promising Blockchain IoT Development by Major Companies
- Detailed Blockchain IoT Portfolio of the Major Companies
- Major Deals in the Blockchain IoT Market
- Major Companies Analysis

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