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Blockchain in Energy Market Size, Shares and Analysis, Trends with Top Most Key Players- International Business Machines Corporation, SAP SE, Deloitte LLP.

Covina, United States: Global Blockchain in Energy Market, By Component (Platform and Services), By Application (Energy Trading, Payment Schemes, Grid Management, Supply Chain Management, Government Risk and Compliance Management, and Others (Distributed Energy Resources, Smart Charging, and Energy Commodity Trading)), By End user (Power and Oil and Gas), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) – Trends, Analysis, and Forecast till 2030

Blockchain in Energy Market Outlook                                        

  • Market Value 2020: US$ 327.71 Mn
  • Market Value Estimation 2029: US$ 1965.17 Mn
  • CAGR: 19.8%

Blockchain in Energy Market– Blockchains, often referred to as distributed ledgers, are a new technology that has caught the attention of academia, national governments, financial institutions, startups, and the energy industry. Numerous sources from various disciplines claim that blockchains have the ability to bring about significant benefits and innovation. Blockchains promise open, unbreakable, and secure platforms that can support innovative business solutions when combined with smart contracts. System architectures and distributed consensus techniques are the guiding ideas of blockchain technology.

Top News relating to Industry, Innovation:

  • In 2020 SAP SE (NYSE: SAP) has announced the acquisition of Emarsys, a leading omnichannel customer engagement platform supplier.
  • In 2020- Blue Acorn iCi, an Adobe Platinum partner in the United States and a provider of digital customer experience, commerce, and analytics, will be acquired by Infosys for up to $125 million.

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 Key Segmentation of the Blockchain in Energy market:          

Global Blockchain in Energy Market accounted for US$ 327.71 million in 2020 and is estimated to be US$ 1965.17 million by 2030 and is anticipated to register a CAGR of 19.8%.The global blockchain in energy market report segments the market on the basis of component, application, end user, and region.

  • Based on Component, Global Blockchain in Energy Market is segmented into Platform and Services.
  • Based on Application, Global Blockchain in Energy Market is segmented into Energy Trading, Payment Schemes, Grid Management, Supply Chain Management, Government Risk and Compliance Management, and Others (Distributed Energy Resources, Smart Charging, and Energy Commodity Trading).
  • Based on End User, Global Blockchain in Energy Market is segmented into Power and Oil and Gas.
  • By Region, the Global Blockchain in Energy Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The Blockchain in Energy Market Report mentions the following promising regions:

  • North America – U.S., Canada
  • Europe – UK, Germany, Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific – Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
  • Latin America – Brazil, Mexico, Argentina, Rest of Latin America
  • Middle East & Africa – South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

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 Top-tier significant players:

The prominent player operating in the global Blockchain in Energy market includes International Business Machines Corporation, SAP SE, Deloitte LLP, Accenture plc, Infosys Limited, BigchainDB GmbH, Oracle corporation, Power Ledger Pty Ltd., Microsoft Corporation, Amazon Web Services, Inc.

Premium Report offers:

  • Assessments of market share for the regional and national segments
  • A description of the business, including its goals, finances, and most recent advancements.
  • In addition to a comprehensive analysis of market share, the report contains data on significant drivers, restraints, and opportunities.
  • The market power of consumers and suppliers is demonstrated via Porter’s five forces study.

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