Blockchain Government Market Next Big Thing | Major Giants- IBM, SAP, Microsoft
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The block chain based government protects data, streamline processes, reduce fraud, and abuse. It increases trust and accountability. In this model the individuals, businesses, and governments shares resources over the distributed ledger which is secured using cryptography. It eliminates the single point of failure and protects data of government and citizen. In addition, the block chain based government reduces labor intensive processes, potential for corruption and abuse, and reduces excessive costs which are associated with managing accountability. Therefore, these advantages are increasing the market growth.
On 7th August 2019, IBM announced a block chain-based supply chain verification network, called 'Trust Your Supplier" designed to eliminate manual time-consuming processes and help reduce the risk of fraud and errors creating friction less connectivity across supply chains.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Blockchain Government Market various segments and emerging territory.
Influencing Market Trend
• Adoption of Technology in Applications Such as Identity Management, Smart Contracts and Others
• Increasing Interest among the Government Sector in Block Chain Technology
• Increasing Need to Protect Data Owing to Instances of Fraudulent Activities
• Transformation of Business Processes in Government Sector
• Increasing Need for a Transparency and Decentralized Government
• Lack of Technical Understanding and Awareness
Analysis by Application (Motors, Rail Tractions, Wind Turbines, Photovoltaic Equipment, Electric Vehicles (EV)/Hybrid Electric Vehicles (HEV)), Industry (IT, Consumer, Automatic, Industrial), Module Type (GaN Module, SiC Module, FET Module, IGBT Module, Thyristors), Technology (Substrate, Baseplate, Die Attach, Substrate Attach, Encapsulations, Interconnections)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [IBM (United States), SAP (Germany), Microsoft (United States), Oracle (United States), Deloitte (United States), AWS (United States), Infosys (India), Bitfury (Netherlands), Auxesis Group (India), Cegeka (Netherlands),]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players
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The regional analysis of Global Blockchain Government Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.
On 16th October 2019, IBM announced the acquisition of Red Hat to work to improve and strengthen its new block chain supply chain product. IBM has already used Red Hat's strength in the sterling supply chain to suit its new block chain supply chain solution. Given the potential of block chain in supply chain management, the industry views new solutions in this field with considerable interest. If such a new solution includes features as a result of the collaboration between IBM and Red Hat, then itâ€™s sure to make businesses sit up and notice.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/107745-global-blockchain-government-market#utm_source=OpenPR/Rahul
Highlights of the Report
• The future prospects of the global Blockchain Government market during the forecast period 2023-2028 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Blockchain Government market.
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
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Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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