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Blockchain Distributed Ledger Market Size Boosting The Growth Worldwide | Digital Asset Holdings, Earthport, Huawei Technologies Co, Intel Corporation

04-03-2023 02:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

Blockchain Distributed Ledger Market Size Boosting The Growth

A distributed ledger is a database that is consensually shared and synchronized across multiple sites, institutions, or geographies, accessible by multiple people. Unlike traditional databases, distributed ledgers have no centralized database storage system, which enables bank authorities to check and eliminate error. In addition, blockchain enabled distributed ledger provides various benefits, which include reduces operational efficiencies, speed up the amount of time a transaction takes to complete and also reduces the operational cost of the organizations. Furthermore, rise in adoption of blockchain enabled distributed ledgers among various fintech owing to surge in cyberattacks and increase in need to protect critical data of the companies.

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Rise in adoption of distributed ledger among various large & medium size enterprises to surge their revenue opportunity and increase in awareness toward blockchain distributed ledger applications among various industries drive the growth of the global blockchain distributed ledger market. In addition, low risk of data fraudulent activities and less cost of blockchain distributed ledger applications propel the growth of the market. However, lack of awareness of cryptocurrency among the people in developing nations are expected to hamper the market growth. On the contrary, integration of Internet of Things (IoT) in blockchain distributed ledgers is projected to have a definite impact on the growth of the blockchain distributed ledger market.

The global blockchain distributed ledger market is segmented on the basis of component, type, enterprise size, application, end user, and region. As per component, the market is segmented into solution and service. In terms of type, it is bifurcated into priv te, public and hybrid. By enterprise size, it is segmented into large enterprises and small & medium enterprises. In terms of application, it is bifurcated into payments, smart contracts, supply chain management, compliance management, trade finance and others. As per end user, it is divided into BFSI, government & public, manufacturing, retail & e-commerce, media & entertainment, transportation & logistics, healthcare, energy & utilities and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits for Stakeholders
- The study provides an in-depth analysis of the global blockchain distributed ledger market forecast along with the current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the global blockchain distributed ledger market size is provided in the report.
- Porters five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- The quantitative analysis of the market for the period 2019-2027 is provided to determine the market potential.

KEY MARKET PLAYERS
- AlphaPoint
- Amazon Web Services, Inc.
- Auxesis Services & Technologies (P) Ltd.
- Digital Asset Holdings, LLC
- Earthport
- Huawei Technologies Co., Ltd.
- Intel Corporation
- International Business Machines Corporation
- iXledger
- NTT DATA Corporation

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Key Market Segments
By Component
- Solution
- Service

By Type
- Private
- Public
- Hybrid

By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises

By Application
- Payments
- Smart Contracts
- Supply Chain Management
- Compliance Management
- Trade Finance
- Others

By End User
- BFSI
- Government & Public
- Manufacturing
- Retail & E-Commerce
- Media & Entertainment
- Transportation & Logistics
- Healthcare
- Energy & Utilities
- Others

By Region
- North America
o U.S.
o Canada
- Europe
o UK
o Germany
o France
o Italy
o Spain
o Netherlands
o Rest of Europe

- Asia-Pacific
o China
o Japan
o India
o Australia
o Singapore
o South Korea
o Rest of Asia-Pacific

- LAMEA
o Latin America
o Middle East
o Africa

.................Some More Report..............

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Neural Network Software Market : https://www.barchart.com/story/news/15646474/neural-network-software-market-size-trends-share-growth-status-key-segments-and-forecast-2031

selective glucocorticoid receptor modulator market: https://www.barchart.com/story/news/15646706/selective-glucocorticoid-receptor-modulator-market-size-size-worth-us-million-globally-by-2027-at-cagr

elbow pain therapy solutions market: https://www.barchart.com/story/news/15646700/elbow-pain-therapy-solutions-market-size-to-pass-us-bn-by-2023-due-to-immediate-need-to-cut-industrial-power-consumption

echotherapy market: https://www.barchart.com/story/news/15646925/echotherapy-market-size-size-share-growth-rate-top-key-players-overview-segmentation-and-analysis-report-2023-2031

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES
Tel:+1 888 212 3539 (US - TOLL FREE)
Website: https://www.reportocean.com

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