Blockchain Market To Witness Incremental Growth in 2022-2031 | Amazon Web Services, Inc., BTL Group Ltd., Bitfury, IBM

Blockchain Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026 by The Business Research Company is the most comprehensive report available on this market, with analysis of the market's historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The blockchain market research report helps gain a truly global perspective of the blockchain industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

The regions covered in the blockchain market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions North America accounts for the largest blockchain market share.

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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.

Key competitors in the blockchain market include 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 and Software Mill.

The global blockchain market size is expected grow from $5.94 billion in 2021 to $10.13 billion in 2022 at a compound annual growth rate (CAGR) of 70.6%. The growth in the market 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 blockchain market is expected to reach $71.78 billion in 2026 at a CAGR of 63.2%.

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TBRC's report segments the global blockchain market:
1) By Type: Private, Public, Hybrid
2) By Provider: Application, Middleware, Infrastructure
3) By Application: BFSI, Telecom and IT, Government

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https://www.thebusinessresearchcompany.com/report/blockchain-global-market-report

The Table of Contents includes:
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
.....
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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