NEW YORK, (GLOBE NEWSWIRE) – Data Bridge Market research has recently published a study titled ‘Blockchain Market Research Report.’ In this report, the objective of report is to provide a detailed analysis of industry and its impact based on applications and on different geographical regions, strategically analyses the growth trends, future prospects. The report provides specific and up to date information about the consumer’s demands, preferences, ideas and their varying liking about particular product. The market research report is a resource, which provides current as well as upcoming technical and financial details of the industry to 2027. Blockchain Market report helps to plan about the advertising and sales promotion strategy more successfully and also helps in taking sound decisions. As per study key players of this market are IBM Corporation, Microsoft Corporation, AWS, Digital Asset Holdings, Earthport, BTL Group, Chain, Inc., Factom, Ripple, Alphapoint, Bitfury, Coinbase and Abra among others.
Global Blockchain Market accounted for USD 242.4 million in 2017 and is projected to grow at a CAGR of 79.9% during the forecast period to 2027.
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The global blockchain market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Drivers and Restraints of the Blockchain Market:
Helps in total ownership cost reduction, transparency, and faster transaction
Growth in blockchain services
Increase in the adoption of blockchain technology with respect to payments, digital identities and smart contracts
Introduction of new breed of programmable blockchain platforms
Inventions regarding internet of things (IOT)
Lack of standard and indefinite regulatory norms
Market Segmentation
Regions North America South & Central America Europe Asia Pacific Middle East & Africa
Countries United States Argentina United Kingdom China Saudi Arabia
Canada Chile Germany Japan UAE
Mexico Brazil France India Turkey
Italy, Spain, NORDIC {Sweden, Norway, Finland, Denmark etc}, and Russia Australia, Singapore, Japan, South Korea Egypt and South Africa
Detailed report Available at https://www.databridgemarketresearch.com/toc/?dbmr=global–blockchain-market
Blockchain Market Research Methodology
Data Bridge Market Research presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers.
Key Blockchain Market Players Analysis-:
The study given in this section offers details of key market players. It likewise clarifies the marketing strategies adopted by these players as well as portrays their shareholdings in the global market.
Details of Few Key Market Players are Given Here- IBM Corporation, Microsoft Corporation, AWS, Digital Asset Holdings, Earthport, BTL Group, Chain, Inc., Factom, Ripple, Alphapoint, Bitfury, Coinbase and Abra among others.
Table of Contents
Introduction
Market Segmentation
Market Overview
Executive Summary
Premium Insights
Global, By Component
Product Type
Delivery
Industry Type
Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
Company Landscape
Company Profiles
Related Reports
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