openPR Logo
Press release

Blockchain Technology Market - Global Industry Analysis, Growth, Trends, and Forecast (2016 - 2024)- MRH

Market Research Hub

Market Research Hub

Blockchain technology offers a secure, fast, and cheaper medium of carrying out online transaction and online transfer of information without the need of third party verification. The adoption of blockchain technology in Financial services sector has gained traction. Banking sector is willing to explore opportunities which would make the banking transactions more transparent and easy to process. Increased penetration of digital technology in the banking sector has resulted in the development of easy to use online platforms and applications.

Request a Free Sample Report: http://www.marketresearchhub.com/enquiry.php?type=S&repid=950655

This drives the need to carry out the online transactions in a secure manner. Blockchain technology eliminates the frauds due to errors and identity theft to a large extent. Hence the financial services sector has been keen in exploring the technology before undertaking a wide scale deployment of this technology. This technology can benefit industries such as music and healthcare by offering easy access and exchange of digital data of these industries over the Internet.

Global Blockchain Technology Market: Drivers and Trends

The demand for blockchain technology is expected to increase in the coming years owing to the investments in blockchain technology startups, partnership between blockchain technology providers and financial organization, FinTech investments, and digitization across various industries globally. North America is expected to lead the blockchain technology market during the forecast period. Asia Pacific region is expected to witness the highest growth rate of blockchain technology during the forecast period.

The Middle East and Africa and South America are in the early phases of adoption of the technology. The anticipated growth of banking sector in Africa is expected to support the market growth of blockchain technology during the forecast period. The blockchain technology market is compressive of a large number of startups. The growth of blockchain technology startups was aided by huge venture capital investments during the period from 2013 to 2015. The market is expected to be hit by a huge wave of mergers and acquisitions in the coming years.

Global Blockchain Technology Market: Research Methodology

This research report provides an in-depth analysis of the global blockchain technology market based on type, application, and geography. The global blockchain technology market is categorized based on types into public blockchain, private blockchain, and consortium blockchain. The application segment for the global blockchain technology market are financial services and non-financial sector. The report analyzes each of these segments for the various geographies considered under the scope of the study.

The report also provides technology evolution and Porter’s Five Forces Analysis for the global blockchain technology market. The report includes analysis of the factors that drive and restrain the growth of the blockchain technology market. It discusses the prevailing market trends and prospective growth opportunities in the global blockchain technology market. It provides market estimates and forecasts for all the segments in terms of revenue. Also provided in the report is a competitive landscape and market share analysis of the major players in the blockchain technology market.

Global Blockchain Technology Market: Regional Outlook

Based on geographical regions, the report segments the global blockchain technology market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America, which are analyzed in terms of revenue generation. The report provides country level revenue for blockchain technology. The U.S., Canada, the U.K., Germany, France, India, Chain, Japan, Australia, GCC, South Africa, Brazil, and Argentina are the countries covered in the report.

Key Players Mentioned in this Report are:

Major business strategies adopted by key players, their SWOT analysis, and competition matrix has also been identified in the research report. The key market players profiled in this study include Microsoft Corporation, Deloitte Touche Tohmatsu Limited, IBM Corporation, R3, Chain Inc., Consensus Systems (ConsenSys), Ripple, Digital Asset Holdings LLC, and Credits. The report has also profiled two major contributors such as Hyperledger project and Ethereum Foundation in the report.

Global Blockchain Technology Market

By Type

Public blockchain
Private blockchain
Consortium blockchain
By Application

Financial services
Non-financial sector
By Geography

Access Full Report with TOC: http://www.marketresearchhub.com/report/blockchain-technology-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-report.html

North America
The U.S.
Canada
Europe
The U.K.
Germany
France
Asia Pacific
India
China
Japan
Australia
Middle East and Africa
GCC
South Africa
South America
Brazil
Argentina

About Market Research Hub
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services:Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

Contact Details:

90 State Street,
Albany, NY 12207,
United States
Toll Free: 866-997-4948 (US-Canada)
Tel: +1-518-621-2074
Email: press@marketresearchhub.com
Website: www.marketresearchhub.com/
Follow Us on:
LinkedIn: www.linkedin.com/company/market-research-hub
Facebook: www.facebook.com/MarketResearchHub/
Twitter: twitter.com/MktResearchHub

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Blockchain Technology Market - Global Industry Analysis, Growth, Trends, and Forecast (2016 - 2024)- MRH here

News-ID: 489196 • Views:

More Releases from Technology Research Reports - MRH

Worldwide Telepresence Robots Market Poised to Achieve Significant Growth and Reach a Value of $8 Billion During 2017 to 2023
Worldwide Telepresence Robots Market Poised to Achieve Significant Growth and Re …
According to new study findings, the market for telepresence robots is developing rapidly and will have a significant impact on collaboration and communication in the enterprise, education, healthcare and consumer markets. Market Research Hub (MRH) has recently added this forecast report to its massive repository, which is titled as “Telepresence Robots Market Shares, Strategies and Forecasts, Worldwide, 2017 to 2023”. The study analyzes the overall market current scenario and presents
Global Pivalaldehyde Market Likely to Grow at a Significant Rate during the Forecast Period of 2017 - 2022
Global Pivalaldehyde Market Likely to Grow at a Significant Rate during the Fore …
To offer precise knowledge about the global pivalaldehyde market, Market Research Hub (MRH) has recently added a new report to its vast online database. This research study is titled as “Global Pivalaldehyde Market Research Report 2017” which presents an in-depth study about the production, consumption, market volume, revenue (million USD) and market share across different geographical regions. The market is expected to be lucrative over the next few years, driven
Global Pet Pharmaceuticals Market Expected to Display Rapid Expansion during the Forecast Period of 2017 - 2022
Global Pet Pharmaceuticals Market Expected to Display Rapid Expansion during the …
This market report is a highly detailed study of the global pet pharmaceuticals market. It gives a comprehensive overview of the different applications and end-user segments of the market and how the demand and supply are likely to evolve over the coming few years. Market Research Hub (MRH) has recently added a new market report to its vast online database. This research study is titled as “Global Pet Pharmaceuticals Market”
Global PET Blow Molding Machines Market to Expand at a High CAGR during the Forecast Period of 2017 - 2022
Global PET Blow Molding Machines Market to Expand at a High CAGR during the Fore …
The global blow molding machinery market is predicted to grow at a steady pace by 2022. One of the key drivers propelling growth in this market is the exponential growth of the e-commerce sector across the world. With enormous number of e-commerce firms, the need for packaging is on the up, fueling the demand for packaging machinery. Considering this fact, Market Research Hub (MRH) has recently publicized the addition of

All 5 Releases


More Releases for Hub

POWER HUB REVIEWS 2025: IS POWER HUB ANY GOOD ?
In today's world, staying connected and keeping our devices powered up is essential. Whether at home or in the office, we often find ourselves juggling multiple chargers and power strips to keep our gadgets running. This can create clutter and inconvenience, making it harder to stay organized. The solution? A sleek and innovative power hub that combines multiple outlets, USB charging ports, and a built-in nightlight in one compact unit.
Global Hub Unit Bearing (HUB) Market Foreseen to grow exponentially Over 2024-20 …
The Global Hub Unit Bearing (HUB) market report on the industry provides a thorough analysis of the different methods and materials employed in the manufacturing of Global Hub Unit Bearing (HUB) market goods.. Key regions that are speeding up marketization are used to segment the market study. The scope of various market segments and applications that may have future market influence is also provided in this section. The comprehensive data
Hub of Innovation: Trends Shaping the Automotive Wheel Hub Market
Introduction The automotive wheel hub is a crucial component that connects the wheel to the axle, facilitating smooth rotation and ensuring vehicle stability. As the automotive industry embraces new technologies and changing consumer demands, the wheel hub market is experiencing dynamic growth and transformation. This article explores the key market drivers, segmentation, regional insights, leading players, and regulatory considerations impacting the automotive wheel hub market. Request Sample Report: https://www.reportprime.com/enquiry/sample-report/19896 Key Market Drivers Rising Global
Bike Hub Market Revolutionizing Cycling Performance with Innovative Hub Technolo …
Global Bike Hub Market Overview: The Bike Hub market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others. In recent years, the Bike Hub market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth has created both
Hub Motor Market : Front Hub Motor and Rear Hub Motor Industry Forecast, 2019-20 …
The global hub motor market size was valued at $12.25 billion in 2018, and is projected to reach $17.45 billion by 2026, registering a CAGR of 4.4% from 2019 to 2026. Presently, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the Asia-Pacific hub motor market share in 2018 and is anticipated to maintain its lead during the forecast period. Pedelecs are designed to make driving an e-bike
Digital Tools Resource Hub
PNGK has created a useful hub of digital tools to help humanitarian organizations improve their efficiency by implementing modern tech solutions. We've built this by compiling and categorizing free or freemium digital tools that we use in our day to day work. This free website will be regularly updated with new useful tools we come across thereby providing humanitarian organizations with the most up to date technology enabling them