Comprehensive Research on Blockchain Market & its Key Players

Blockchain Market Research

A recent research report published by MarkNtel Advisors reveals that the Blockchain Market is projected to register 73.1% CAGR during 2022-27. The report encompasses a comprehensive analysis of the industry, entailing latest trends, developments, drivers, restraints, challenges, & opportunities, along with its projected growth trajectory through all segments & geographies in the future.

In the analysis, stakeholders can find insights into the major aspects that are primarily contributing to the swift market expansion, wherin the information is presented in the form of diagrams, pie charts, tables, graphs, & other pictorial representations. Using these representations, the investors can understand the changing dynamics of the Blockchain Market and plan & lay out strategies to expand their visibility, product portfolio, & customer base and generate massive revenue in the industry.

The historical period considered in the study is 2017-20, the base year 2021, and the forecast period, as cited above, is 2022-27.

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Key Reasons to Buy this Analysis

-This report is a thorough compilation of factors responsible for driving the Blockchain Market dynamics, projecting its prominent drivers, growth restraints, opportunities, challenges, and emerging and high-potential segments & geographies, among others.

-The study also presents a detailed review of the leading companies operating in the Blockchain Market, where analysts have closely profiled leaders and put together data comprising their profiles, recent developments, prominent business strategies, initiatives, and mergers & acquisitions, among other parameters.

-Stakeholders or investors can get a hold of a detail-driven, accurate, and reliable information associated with the latest trends in the industry and strategically plan their investments in the future.

-Nonetheless, with the availability of estimation of funds put in by private firms & governments for the swift expansion of this industry along with insights into market expansion across each segment & geographic location, is also covered in this report.

Key Driver: Massive Venture Capital Investments due to Rapidly Rising Market Value of Cryptocurrencies

Cryptocurrencies incur lower transaction fees than other payment methods, as they are based on blockchain technology. As a result, many individuals & businesses are increasingly adopting the technology for cross-border payments & remittances since the latter involves high transaction costs. Moreover, since cryptocurrencies are immutable, regulatory authorities cannot impose any restrictions on cross-border transactions. All these aspects have resulted in a significant surge in the market value of cryptocurrencies, i.e., attracting massive venture capital funding in blockchain startups, which projects lucrative prospects for the Global Blockchain Market during 2022-27.

Blockchain Market Segmentation:

The segmentation analysis in the report enlighten s stakeholders with information upon light the overall performance of the Blockchain Market across different segments & geographies, using which they can strategize their investments to expand the brand visibility, product portfolio, & customer base and yield significant profits in the coming years.

Market Divided into, By Component

-Services

--Consultation

--Development & Integration

--Support & Maintainence

-Platform

Market Divided into, By Provider

-Application Provider

-Infrastructure Provider

-Middleware Provider

Market Divided into, By Type

-Private

-Public

-Hybrid

Market Divided into, By Organization

-Small

-Medium

-Large

Market Divided into, By Application

-Payment

-Documentation

-Exchanges

-Supply Chain Management

-Digital Identity

-Others (Advertising insights, etc.)

Market Divided into, By End User

-Manufacturing

-Government & Transportation

-Logistics

-Healthcare & Lifescience

-Energy & Utilities

-Media & Entertainment

-BFSI

-IT & Telecom

-Retail & Ecommerce

-Others (Agriculture, etc.)

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The Blockchain Market is highly fragmented, and geographically, it expands across:

North America

-The US,

-Canada

-Mexico

Europe

-Germany

-The UK

-France

-Spain

-Switzerland

-Others

Asia-Pacific

-China

-India

-Australia

-Japan

-South Korea

-Singapore

-Others

South America

-Brazil

-Others

Middle East & Africa

-UAE

-Saudi Arabia

-South Africa

-Israel

-others

Competitive Landscape of the Blockchain Market

This most prominent section of the report entails detailed insights into company profiles, investments & revenue generated, strategic initiatives, geographical presence, and production or service capacities, among other aspects. Every information stated here is a result of a thorough examination of key players & their hold in the industry to enable investors to make informed decisions in the future.

-IBM

-AWS

-Microsoft

-SAP

-Intel

-Oracle

-NTT Data

-Earthport

-Amazon Web Services

-Consensus Systems

-Huawei

-Monax

-Ripple

-BTL Group

-R3

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Note: MarkNtel Advisors also provides customized reports with unique insights into the industry. Our dedicated analysts & domain-specific specialists seek to add value while customizing the reports tailored to the specific requirements of our clients so that they can make informed decisions before investing in the market.

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

This release was published on openPR.