The global blockchain distributed ledger market size is expected to reach USD 228.31 Billion in 2018 and register a steady revenue CAGR of 62.5% over the forecast period, according to latest analysis by Emergen Research.
Improved data transparency and accountability in blockchain distributed ledger technology is a key factor driving global blockchain distributed ledger market revenue growth. Blockchain distributed ledger technology provides better data security to its client enterprises. In general, enterprises are required to stock and share private data between different shareholders involved in a project. Blockchain distributed ledgers help them to store and manage that private information with high level of security. Restricting identity theft, ending denial of service attacks, and avoiding data tampering are three aspects in which blockchain distributed ledgers ensure data security to enterprises.
In addition, lower risk of backdoor transactions and reduced unauthorized intervention are some of key benefits of using this technology. It effectively helps to improve payment clearing processes and for this reason, banks and other financial institutions are widely using blockchain distributed ledgers.
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Report Objective:
The report offers a complete analysis of the global Blockchain Distributed Ledger market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreements, and collaborations. Intel Corporation, NTT DATA Corporation, Amazon Web Services, Inc., Global Arena Holding, Inc., International Business Machine (IBM) Corporations, Digital Asset Holdings, LLC, Accenture PLC, Huawei Technologies Co., Ltd., AlphaPoint, and iXledger and others are some of the top companies profiled in the report.
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Emergen Research has segmented the global blockchain distributed ledger market on the basis of component, type, enterprise size, application, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Solution
Services
Type Outlook (Revenue, USD Billion; 2018–2028)
Private
Public
Hybrid
Enterprise Size Outlook (Revenue, USD Billion; 2018–2028)
Large Enterprise
Small & Medium Enterprise
Application Outlook (Revenue, USD Billion; 2018–2028)
Payments
Smart Contracts
Supply Chain Management
Compliance Management
Trade Finance
Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
BFSI
Government & Public
Manufacturing
Retail & E-Commerce
Media & Entertainment
Transportation & Logistics
Healthcare
Energy & Utilities
Others
Key Highlights from the Report
In 2021, global digital currency platform, Intercoin, partnered with India Blockchain Alliance. This collaboration is geared to accelerate exposure of blockchain distributed ledger by implementing cryptocurrencies and NFTs for businesses, organizations, and universities.
Solution segment accounted for significantly large revenue share in 2020. Solution permits digital ledger network and application developers to customize distributed ledger networks. In addition, high demand for solutions such as Ethereum, Hyper Ledger Fabric in cross industries and R3 Corda, and Ripple in financial services is driving revenue growth of this segment.
Private segment accounted for largest revenue share in 2020 owing to ability to limit participation in transactions and therefore, lower risk. It is relatively inexpensive to change regulations and transaction processes by using blockchain distributed ledger technology.
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Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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Objectives of the Report:
Study of the global Blockchain Distributed Ledger market size by key regions, types, and applications with reference to historical data (2018-2019) and forecast (2021-2028)
Industrial structure analysis of the Blockchain Distributed Ledger market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape bench marking
Analysis of Blockchain Distributed Ledger market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Blockchain Distributed Ledger market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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The post Blockchain Distributed Ledger Market Analysis by Size, Business Strategies, Share, Growth, Trends, Revenue, Competitive Landscape and Developments Forecast by 2028 appeared first on Market O Graphics.
