Blockchain Technology Market 2017 Trend, Analysis and Forecast to 2021

Blockchain is the distributed ledger technology that is used for the management of financial transactions. Block chain facilitates peer-to-peer transactions without the use of intermediaries such as banks and governing bodies. Bitcoin is regarded as the foundation of the development of BT. BT is the most advanced and innovative distributed ledger management system that has revolutionized the payment industry. The technology is at a nascent stage but has gained popularity in a very short period. Leading financial services firms, IT companies, and manufacturing firms are testing the feasibility to implement BT on a real-time basis.

Publisher's analysts forecast the global blockchain technology (BT) market to grow at a CAGR of 55.59% during the period 2017-2021.

For more information about this report: http://www.reportsweb.com/global-blockchain-technology-market-2017-2021 .

Covered in this report
The report covers the present scenario and the growth prospects of the global blockchain technology (BT) market 2017-2021. To calculate the market size, the report considers the revenue generated from the BT solutions and service providers.

The market is divided into the following segments based on geography:
- Americas
- EMEA
- APAC

Publisher's report, Global Blockchain Technology (BT) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Accenture
- IBM
- Microsoft

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Other prominent vendors
- Axoni
- Abra
- BTL Group
- BlockCypher
- BitFury Group
- Chain
- ConsenSys
- Deloitte
- Ethereum
- Ezyremit
- Global Arena Holding
- Provenance
- R3
- Ripple
- Scorechain
- Slock.it
- TATA Consultancy Services

Market driver
- Increase in FinTech spending
- For a full, detailed list, view our report

Market challenge
- Network privacy and security concerns
- For a full, detailed list, view our report

Market trend
- Advent of artificial intelligence (AI)
- For a full, detailed list, view our report

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