Absolute Markets Insights proclaims the addition of comprehensive analysis titled as, Blockchain Technology Market to its massive repository. It covers different existing and futuristic developments across the global regions such as North America, Latin America, Asia-Pacific, Europe, and India. In addition to this, it gives a complete analysis of some significant financial terms such as cost, shares, pricing structures and profit margins. Wide-ranging informative data has been examined by using exploratory techniques such as primary and secondary research.
To provide an effective business outlook, different case studies from various top-level industry experts, business owners, and policymakers have been included to get a clear vision about business methodologies to the readers. SWOT and Porter’s Five model have been used for analyzing the Blockchain Technology market on the basis of strengths, challenges and global opportunities in front of the businesses.
The major key pillars for global Blockchain Technology market are listed below: Altoros, BigchainDB GmbH, Blockchain Intelligence Group, IBM Corporation Blockchangers, Microsoft, Ripple, ChromaWay AB and Interbit, Intellectsoft US
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Blockchain Technology Market was estimated to be US$ 5.75 Bn in 2020 growing at a CAGR of 28.68% over the Forecast Period (2021-2030).
Payments and transactions tracking segment is expected to account for the highest market share in 2018. Increasing investments by government bodies to reduce payment fraud and embezzlement of money is one of the major factors for the same. The highest growth during the forecast years is expected from the healthcare sector, primarily due to the increasing demand for bringing down the cases of healthcare insurance related frauds and drug abuse. North American dominated the blockchain technology market in 2018. This can be attributed to the rapid implementation of blockchain technologies in developed countries like the United States and Canada.
Segmentation of Blockchain Technology Market:
By Organization Size
- Small and Medium Enterprises
- Large Enterprises
- Payment and Transaction
- Smart Contract and Documentation
- Digital Identity
- Digital Asset Exchange
- Banking, Financial Services and Insurance (BFSI)
- Energy and Utilities
- IT and Telecommunication
- Media and Entertainment
- Food and Agriculture
- Real Estate
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
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