Global Blockchain Industry: Key Competitors, SWOT Analysis, Business opportunities, Trend Analysis.

PRESS RELEASE
Published February 17, 2023

The Blockchain market size is projected to grow from USD 4.9 billion in 2021 to USD 67.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 69% during the forecast period. The Blockchain Market report provide detailed information on market size and trends within the industrsy. It tells you a lot about the industry as a whole, and how it can benefit you personally to market in that particular field of interest. Each and every character and information within a market report are updated regularly to read the market better with analytical skills. The report can also help to understand the market in-depth and strategize for business expansion accordingly in the future.

 

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Key Players

 

Some of the major Blockchain players holding high market share include  IBM (US), AWS (US), SAP (Germany, Intel (US), Oracle (US). These players use new product development and expansion as a key strategy to gain significant market share to compete with market leaders.

 

The key players profiled in the report are:

  • IBM (US)
  • AWS (US)
  • SAP (Germany)
  • Intel (US)
  • Oracle (US)
  • Huawei (China)
  • Accenture (Ireland)
  • Wipro (India)
  • Bitfury (Amsterdam)
  • Chain (US)
  • Blockcypher (US)
  • Guardtime (Estonia)
  • Cegeka (Netherlands)
  • Symbiont (US)
  • BigchainDB (Germany)
  • Applied Blockchain (UK)
  • Auxesis Group (India)
  • Spinsys (US)
  • Infosys (India)
  • NTT Data (Japan)
  • Factom (US)
  • R3 (US)

 

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Today’s business environment requires businesses to take advantage of new technologies and market opportunities as they arise. The recently published research report on Global Blockchain Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The utter sum of these sections will shed light on how you can approach potential threats and explore potential opportunities towards future growth. The qualitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

 

The recent outbreak of the COVID-19 virus has led to supply chain disruptions. One of the consequences is a drop in consumer and business spending. Restrictions on travel and social distancing measures have curbed consumer habits, so it’s expected that this decrease will continue for some time. However, there are some encouraging signs of stabilization.

The New Normal

As businesses come out of the COVID-19 pandemic, they have a new set of priorities to cope with throughout the post-Covid times. During this time, they were forced to deal with shifting situations and take some measures, which could ultimately not get them or their business completely out of danger’s way. Now that a cure has been found and the pandemic is dying down, we hope that businesses will rely on a fresh mindset to move on in hopes for a more secure tomorrow.

 

In terms of COVID 19 impact, the Blockchain market report also includes the following data points:

  • COVID19 Impact on Blockchain market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in the Blockchain market

 

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Segmental Analysis

Market Segment By Component with focus on market share, consumption trend, and growth rate of Blockchain Market:

  • Platform
  • Services

 

Market Segment By Services with the focus on market share, consumption trend, and growth rate of Blockchain Market:

  • Technology Advisory and Consulting
  • Development and Integration Services
  • Support and Maintenance

 

Market Segment By Provider with the focus on market share, consumption trend, and growth rate of Blockchain Market:

  • Application
  • Middleware
  • Infrastructure

 

Market Segment By Type with the focus on market share, consumption trend, and growth rate of Blockchain Market:

  • Public
  • Private
  • Hybrid

 

Market Segment By organization size with the focus on market share, consumption trend, and growth rate of Blockchain Market:

  • Large Enterprises
  • SMEs

 

Market Segment By application area with the focus on market share, consumption trend, and growth rate of Blockchain Market:

  • Transportation and Logistics
  • Agriculture and Food
  • Manufacturing
  • Energy and Utilities
  • Healthcare and Life Science
  • Media, Advertising and Entertainment
  • Banking and Financial Services
  • Insurance
  • IT and Telecom
  • Retail and Ecommerce
  • Government
  • Other application area

 

 

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Key Region/ Countries Covered

  • North America (US, Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of MEA)
  • Latin America (Mexico, Brazil, Argentina, Rest of Latin America

 

 

Asia Pacific is projected to grow at the highest Compound Annual Growth Rate (CAGR) during the forecast period.

Reasons to Buy this Report:

  • Understand the impact of market forces on your product/services
  • Competitive intelligence to understand the ecosystem and its need
  • Understand the Total Addressable Market (TAM) for your product
  • Understand the top investment pockets/ new business opportunities for your product
  • Facilitate strategy planning for expanding the business

 

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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