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DUBLIN – (FILO D & # 39; BUSINESS)–The "Blockchain
Market by supplier, application (payments, exchanges, smart contracts,
Documentation, digital identity, supply chain management and GRC
Management), Organization Size, Vertical Sector and Region – Global
Forecast for 2023 " report has been added to ResearchAndMarkets.com of
offer.
The size of the global blockchain market is expected to increase from 1.2 USD
billion in 2018 to $ 23.3 billion by 2023, with compound annual growth
Rate (CAGR) of 80.2% during the forecast period.
Various factors, such as the increase in risk capital financing e
investments in blockchain technology, a growing need for simplification
business processes and create company transparency and immutability,
reduction of operating costs, increase in the popularity of blockchain
technology is expected in retail and supply chain management
the market.
However, the uncertain regulatory and compliance environment is limited
availability of technical skills for the implementation of the blockchain
technology can curb the growth of the blockchain market.
The retail and eCommerce vertical sector is expected to grow at
the highest CAGR in the vertical blockchain market during the forecast
period.
The large business segment is expected to have a larger market size
in the blockchain market by size of the organization during the forecast period.
It is estimated that North America holds the largest market and domains
the global blockchain market in 2018, as the region is one of the first to adopt
of blockchain technology. Asia Pacific (APAC) should grow to
the highest CAGR during the forecast period.
Market dynamics
Driver
-
Increase venture capital financing and investments in Blockchain
Technology -
Increased popularity of Blockchain technology in retail and supply
Chain management -
Blockchain technology simplifies business processes and creates
Transparency and immutability -
Blockchain technology reduces operational costs
constraints
-
Uncertain regulation and compliance environment
-
Limited availability of technical Skillset for the implementation of
Blockchain technology
Opportunity
-
Growing number of government initiatives
-
Wide use of Blockchain solutions in IoT, Banking and Cybersecurity
-
High adoption of Blockchain payment solutions, Smart Contracts
and digital identities -
Increased demand for data analysis in real time, increased visibility and
Proactive maintenance
The challenges
-
Security, privacy and control issues
-
Opposition by Incumbent Technologies
Main topics covered
1. Introduction
2 Research methodology
3 Executive summary
4 premium insights
5 Market overview
6 Blockchain market, by supplier
7 Blockchain Market, by application
8 Blockchain Market, by organizational size
9 Blockchain market, by vertical sector
10 Blockchain market, by region
11 Competitive landscape
12 company profiles
-
alphaPoint
-
Blockchain applied
-
Auxesis Group
-
AWS
-
Bigchaindb
-
Bitfury
-
Blockchain Foundry
-
Blockcypher
-
Blockpoint
-
BTL Group
-
Cegeka
-
Chain
-
Digital Asset Holdings
-
Earthport
-
Factom
-
GuardTime
-
Huawei
-
IBM
-
Intel
-
Microsoft
-
Oracle
-
RecordsKeeper
-
LINFA
-
Spinsys
-
symbiont
For more information on this report, visit https://www.researchandmarkets.com/research/zgncsk/the_global_market?w=4
