Blockchain Technology Market Business Growth Demand, Strategies, Overview, Competitive Strategies and Forecasts 2021 – 2

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The rising adoption of blockchain technology in supply chain management is driving the demand of the market.

The Blockchain Technology market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Blockchain Technology market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Blockchain Technology market.

The growth of this market can be attributed to the rising adoption of blockchain technology in supply chain management. Blockchain technology help in the flow of information through multiple nodes, and it also helps in back-tracking the origin of the products. The blockchain technology can efficiently handle the tracking of the raw materials and enhance the transparency of the supply system. 

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 Report Objective:

The report offers a complete analysis of the global Blockchain Technology 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 MA acquisition, partnerships, joint ventures, license agreement and collaborations. AWS, INTEL, IBM, MICROSOFT, HUAWEI, SAP, ORACLE, DIGITAL ASSET HOLDINGS, BLOCKCYPHER, and GUARDTIME, among others. and others are some of the top companies profiled in the report.

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

Some key findings from the report suggest

  • In November 2019, Coke One North America (CONA) acquired the blockchain technology of SAP. The acquisition was performed to streamline the supply chain processes between the 70 franchised bottling companies, and it also increased efficiency and transparency of the CONA's complex production line.
  • The private segment held the largest market share of 46.6% in 2019, as it is more centralized in nature than the public blockchain. Moreover, private blockchain can process faster transactions and are also far more scalable.
  • Small Medium enterprises are forecasted to grow with the fastest CAGR of 68.0% over the forecast period as more number of startups are adopting blockchain technology.
  • The Infrastructure segment held the largest market share of the blockchain technology in 2019 due to the increasing demand for the blockchain protocol such as Openchain, Ethereum, BigChainDB, and Hyperledger.

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Emergen Research has segmented the global Blockchain Technology Market on the basis of Type, Enterprise size, Provider, Application, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Private
  • Public
  • Hybrid

Enterprise size Outlook (Revenue, USD Billion; 2017-2027)

  • Small Medium Enterprises
  • Large Enterprises

Provider Outlook (Revenue, USD Billion; 2017-2027)

  • Application
  • Middleware
  • Infrastructure

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Banking and Financial services
  • Healthcare and Life sciences
  • Transportation and Logistics
  • Government
  • Retail and eCommerce
  • Others

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

The report addresses the following key points:

  • The report provides a forecast of market drivers, restraints, and future opportunities for the Blockchain Technology market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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