The blockchain distributed ledger owes to less transaction cost, a greater anonymity as compared to traditional electronic payments, and reduced chance of thefts. The blockchain distributed ledger industry is robustly focusing on crypto currencies as compared to diverse range of applications. The mouting in adoption of this technology in the financial services sector and anticipated adoption across the public & government sectors is creating lucrative opportunities for the blockchain distributed ledger market in the forecast period.
MARKET DYNAMICS
The reduction the transaction costs by creating transparency to financial transactions and excludes middle man, thus is driving the growth of the blockchain distributed ledger market. However, the lack of awareness about cryptocurrency among people and limited acceptance may restrain the growth of the blockchain distributed ledger market. Furthermore, the insignificant effect of inflation of blockchain distributed ledger is anticipated to create market opportunities for the blockchain distributed ledger market during the forecast period.
MARKET SCOPE
The "Global Blockchain Distributed Ledger Market Analysis to 2028" is a specialized and in-depth study of the blockchain distributed ledger market with a special focus on the global market trend analysis. The report aims to provide an overview of blockchain distributed ledger market with detailed market segmentation by type, end-user, and geography. The global blockchain distributed ledger market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading blockchain distributed ledger market players and offers key trends and opportunities in the blockchain distributed ledger market.
MARKET SEGMENTATION
The global blockchain distributed ledger market is segmented on the basis of type, and end-user. On the basis of type, the market is segmented as private blockchain, and public blockchain. Similarly, on the basis of end-user, the market is segmented as government, BFSI, automotive, retail and e-commerce, media and entertainment, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global blockchain distributed ledger market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The blockchain distributed ledger market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting blockchain distributed ledger market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the blockchain distributed ledger market in these regions.
MARKET PLAYERS
The reports cover key developments in the blockchain distributed ledger market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from blockchain distributed ledger market are anticipated to lucrative growth opportunities in the future with the rising demand for blockchain distributed ledger market. Below mentioned is the list of few companies engaged in the blockchain distributed ledger market.
The report also includes the profiles of key blockchain distributed ledger market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Accenture PLC
- Blockchain Tech Ltd.
- Chain Inc.
- Deloitte
- Digital Asset Holdings
- Earthport
- Eris Industries
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.