Press release
Blockchain in Telecom Market to reach USD 38903.17 Bn by 2029, emerging at a CAGR of 84.30 percent and forecast (2022-2029)
Blockchain in Telecom Market Report Scope and Research MethodologyThe report provides a detailed analysis of the impact of the COVID-19 pandemic on market leaders, followers, and disruptors. As the lockdown measures varied across different regions and countries, the report explores the varying effects and offers insights into the short-term and long-term impact on the market. This information will assist decision-makers in formulating effective strategies tailored to specific regions.
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The report also segments the market based on providers, organization size, regions, and applications. The application segment encompasses connectivity provisioning, smart contracts, payments, identity management, and OSS/BSS (operation support system/Business support system). Among these, the connectivity provisioning segment is expected to exhibit the highest CAGR during the forecast period. Blockchain technology is crucial for 5G enablement and can be applied to LTE, GPRS (3GP), WiFi, WiMax, and WLAN.
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What are Blockchain in Telecom Market Dynamics?
Enhanced Security: Blockchain offers improved security for telecom networks. Its decentralized and cryptographic nature ensures data integrity and protection against unauthorized access, fraud, and cyber attacks. It provides secure authentication and identity management, reducing the risk of data breaches.
Efficient Operations: Blockchain can streamline telecom operations by enabling transparent and automated processes. Smart contracts, which are self-executing contracts with predefined rules, can automate billing, roaming agreements, and settlements between telecom operators. This automation reduces manual errors, saves time, and enhances operational efficiency.
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Cost Reduction: By leveraging blockchain technology, telecom companies can reduce costs associated with intermediaries, reconciliations, and data management. The elimination of third-party intermediaries and streamlined processes result in cost savings for telecom operators, enabling them to offer competitive pricing to customers.
Improved Customer Experience: Blockchain can enhance the customer experience in telecom services. It enables secure and instant transactions, simplifies identity verification, and facilitates faster and more transparent dispute resolution. Additionally, blockchain-based platforms can enable customers to directly control and monetize their personal data, empowering them with greater privacy and data ownership.
What is Blockchain in Telecom Market Regional Insight?
In the case of regions, North America is expected to account the largest market share in 2021. The presence of key industry players of blockchain technology solutions in this region is the main driving factor for the growth of the market. North America is considered the most advanced region in terms of technology adoption and infrastructure.
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What is Blockchain in Telecom Market Segmentation?
by providers
• Application providers
• Middleware providers
• Infrastructure providers
by applications
• OSS/BSS process
• Identity Management
• Connectivity Provisioning
by Organization Size
• Large Enterprises
• Small & Medium Enterprises
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Who are Blockchain in Telecom Market Key Players?
• AWS
• Guardtime
• IBM
• Microsoft
• SAP
• Bitfury
• Cegeka
• ShoCard
• Abra
• Blockchain Foundry
• BlockCypher
• Blockpoint
• Blocko
• Blockstream
• RecordsKeeper
• TBCASoft
• Oracle
• Chain
• Filament
• Huawei
• Clear
• Reply
• Auxesis Group
• SpinSys
• Sofocle
Table of content for the Blockchain in Telecom Market includes:
1. Global Blockchain in Telecom Market: Research Methodology
2. Global Blockchain in Telecom Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Blockchain in Telecom Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Blockchain in Telecom Market Segmentation
• Global Market, by providers(2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by Organization Size(2021-2029)
5. Regional Blockchain in Telecom Market(2021-2029)
• Regional Market, by providers(2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Organization Size(2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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