Blockchain in Energy Market Business Growth Demand, Strategies, Overview, Competitive Strategies and Forecasts 2021 – 20

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The rising adoption of blockchain in the energy industry and growing safety concerns related to automated grids are driving the demand for the market.

The Blockchain in Energy market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Blockchain in Energy 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 in Energy market.

During the forecasted timeline, the global blockchain in the energy market is expected to rise substantially, owing to the rising adoption of blockchain in the energy industry. The growing safety concerns related to automated grids is anticipated to further propel the market growth in the forecast period.  Besides, the rising internet of things technology penetration is likely to drive the market growth shortly.

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 Report Objective:

The report offers a complete analysis of the global Blockchain in Energy 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.  Infosys Limited, SAP SE, Oracle Corporation, Accenture plc, WePower UAB, IBM Corporation, Microsoft Corporation, Deloitte Touche Tohmatsu Limited, LO3 Energy, Inc., and BigchainDB GmbH, 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 October 2020, GuideVision was acquired by Infosys Limited. Infosys will enhance its technological transformation with the acquisition, expanding Infosys Cobalt's cloud services offering and reaffirming its commitment to the rising ServiceNow ecosystem. Infosys' ServiceNow capabilities will be enhanced by GuideVision's training academy and offshore facilities, will provide customers in Europe unparalleled abilities in the first hybrid cloud transition.
  • Due to higher accessibility, the ability to efficient utilization of the network, and distributed architecture, the public segment is likely to hold the largest market. Furthermore, this category enables users to access the system, backed up by incentive-based payment authentication.
  • Over the forecast timeframe, the Peer-To-Peer Transaction segment is expected to lead the market. Shifting the focus on the development of RES energy, especially wind, solar marine, to improve the production and accessibility of alternative energy will lead to the growth of the system.

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Emergen Research has segmented the global Blockchain in Energy Market on the basis of type, component, application, end-use, and region:

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

  • Public
  • Private

Component Outlook (Revenue, USD Million; 2017-2027)

  • Services
  • Platform

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

  • Peer-To-Peer Transaction
  • Grid Transactions
  • Energy Financing
  • Electric Vehicle
  • Sustainability Attribution
  • Others

End-Use Outlook (Revenue, USD Million; 2017-2027)

  • Oil Gas
  • Power

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 in Energy 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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