Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Introduction Report Description The Global Blockchain Technology Market was sized near USD X.X billion in 2016. The global blockchain technology market is projected to grow with a CAGR of 54.5% during 2017-2023.A global network of computers uses blockchain technology to jointly manage the database that records Bitcoin transactions.Block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Blockchain system has been designed to use nodes agreement to order transactions and prevent the fraud. The Bitcoin network orders transaction by putting them together into groups called blocks, each block contains a definite amount of transactions and a link to the previous block. This report estimates the market size of blockchain technology market in terms of value (USD million) over the period of 2015 to 2023.The year 2016 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for blockchain technology market in numerous application is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global blockchain technology market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of blockchain technology market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of blockchain technology market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We Š Infinium Global Research
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
also have highlighted future trends in the global blockchain technology market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
BLOCKCHAIN TECHNOLOGY MARKET SEGMENTATION
BLOCKCHAIN TECHNOLOGY MARKET
Application
Financial Services Consumer or Industrial Electronics Technology, Media, and Telecom Healthcare Transportation Public Sector
Region
Type Public Private Hybrid
North America Europe Asia Pacific RoW
The report on global blockchain technology market covers Segments such as application, and type. The application segments include financial services, consumer or industrial electronics, technology, media, and telecom, healthcare, transportation, and public sector. On the basis of type the global blockchain technology market is categorized into public, private, and hybrid.
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Research Methodology Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the blockchain technology market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. Research Methodology: An Outline
Primary source of the information and data include Industry Experts/consultants Top level executives in the key market players Subject matter experts Academicians and research scholars
PRIMARY RESEARCH
Secondary sources of the information and data include Company annual reports Government/institutional publications Trade and associations journals Databases Websites and publications by research agencies Others
SECONDARY RESEARCH
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH
Arriving at Global Market Size
Market Share of Key Players
Key Market Players
Arriving at Regional/Country Market Size
Accumulation of the country level market size (value) Regional market size of block chain technology and its application, and type
Segment revenue of the key players Country level market size by application, and type (value)
Identifying key players in the block chain technology market
Accumulation of the regional/country market size (value) Global market size of application and type
RESEARCH APPROACHES- TOP-DOWN Global Market
Global market size of block chain technology market Value for 2015 to 2023
% breakdown by market segments by application and type Value for 2015 and 2023
Regional market size of the block chain technology market (value) Regional market size of application, and type
Market Segments
Determine the Regional Market Size
Country Level Market Sizing
Country level market size of the block chain technology market in every region (value) Country level market size of application and type in every region
TOP-DOWN APPROACH © Infinium Global Research
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The study on global blockchain technology market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global blockchain technology market. The estimates in the global blockchain technology market are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of blockchain technology market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the applications.
IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES
Infinium's Data Bank/ Know How
Top executives of application industries Intermediaries
C-level executives in the leading manufacturing products of Block chain Technology Market. Product managers Sales managers Industry consultants Distributors/Suppliers
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Industry Publications Government Agencies' Publications Industry news Data sources
Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases
Secondary Research
DATA TRIANGULATION & INFORMATION SOURCES
Company Publication
Supply Side
Primary Research
General Publications
Demand Side
PRIMARY SOURCES
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The market size of block chain technology is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the blockchain technology market. The primary interview participants typically includes managers and CXO level executives of theleading players in this market. The primary interviews not only help identify the market size of the blockchain technology market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the blockchain technology market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of blockchain technology. With the help of primary interviews and secondary research the market size of blockchain technology is determined for each country studied, which then is added to arrive at regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of blockchain technologyin the world market. Executive Summary Global Blockchain Technology Market Highlights, (USD Million) The global blockchain technology market is expected to grow at a CAGR of 54.5 % between 2017 and 2023 in terms of value.The emergence of internet of things across various industries is driving the growth of the blockchain technology market.Additionally, rapid increase in fintech spending is also driving the growth of the market.However,growing size of block chain may lead to the problems regarding data storage and synchronization. In addition, lack of awareness regarding the technology is expected to restrain the growth of the market.Moreover, the banking sector is continuously working on the digitization of its services and facilities, which is likely to encourage instantacceptance of blockchain technology in the coming years.
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Among the applications, financial services led the largest share among the market. As the application of block chain include insurance and private securities used for different applications such as unique identification of assets and implementing private equity exchange. It also includes the non-financial applications such as decentralized data storage and public notarization. Moreover, advancements in technology will drive the growth of the global blockchain technology in the coming years. The leading players in the global Blockchain Technologymarket include The Linux Foundation, Ripple, Monax, Microsoft Corporation, Global Arena Holding, Inc. (GAHI), Digital Asset Holdings, LLC, Deloitte TouchĂŠ Tohmatsu Limited, Circle Internet Financial Limited, Chain, Inc., and BTL Group Ltd. Global Blockchain Technology Market Projection GLOBAL BLOCKCHAIN TECHNOLOGY MARKET, 2015 - 2023 (USD MILLION)
2015
2016
2017
2018
2019
2020
2021
2022
2023
Value
Blockchain technology market is expected to experience rapid growth globally. However, the market size in terms of value is expected to grow at a higher rate due to the emergence of internet of things across various industries is driving the growth of the blockchain technology market. Additionally, rapid increase in fintech spending is also driving the growth of the market. The global market size of blockchain technology in terms of value was USD X.Xbillion in 2016.
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Global Blockchain Technology Market CAGR (USD Mn) Growth, By Regions GLOBAL BLOCKCHAIN TECHNOLOGY MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023)
x.xx x,.xx
x.xx x.xx
2017
2017
2023
2023
x.xx x.xx
2017
2023
x.xx x.xx
2017
2023
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023.
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Market Overview & Competitiveness DRO Analysis DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global blockchain technology market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the blockchain technology market. Drivers refer to the factors that are expected to drive or boost the market size or demand for blockchain technology.The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of blockchain technology market both in short run and long run. DRIVERS OF BLOCKCHAIN TECHNOLOGY MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
DRIVERS
MID TERM IMPACT
LONG TERM IMPACT
Driver 1 Driver 2 Driver 3
HIGH
MEDIUM
LOW
RESTRAINTS OF BLOCKCHAIN TECHNOLOGY MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
RESTRAINTS
MID TERM IMPACT
LONG TERM IMPACT
Restraint 1
Restraint 2
HIGH
MEDIUM
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LOW
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments. Safe Zone: Moderate growth and moderate market size. IGR- GROWTH MATRIX ANALYSIS Growth Rate
Opportunity Zone
Consolidation Zone
High
Low
Risky Zone
Retention Zone Market Size Low
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High North America
Europe
Asia-Pacific
RoW
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Global Blockchain Technology Market, By Applications GLOBAL BLOCKCHAIN TECHNOLOGY MARKET BY APPLICATIONS, 2016- 2023 (REVENUE % SHARE) 2023
2016
Financial Services Consumer or Industrial Electronics Technology, Media, and Telecom Healthcare Transportatio n Public Sector
GLOBAL BLOCKCHAIN TECHNOLOGY MARKET BY APPLICATIONS, 2015 - 2023 (USD MILLION)
2015
2016
2017
2023
Financial Services
Consumer or Industrial Electronics
Technology, Media, and Telecom
Healthcare
Transportation
Public Sector
GLOBAL FINANCIALSERVICES MARKET BY REGIONS, 2015 - 2023 (USD MILLION) © Infinium Global Research
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL CONSUMER OR INDUSTRIAL ELECTRONICS BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
Get 15% Discount on this Premium Report:https://www.infiniumglobalresearch.com/reports/request-discount/880 GLOBAL TECHNOLOGY, MEDIA, AND TELECOMBY REGIONS, 2015 - 2023 (USD MILLION) © Infinium Global Research
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL HEALTHCARE BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL TRANSPORTATION BY REGIONS, 2015 - 2023 (USD MILLION) © Infinium Global Research
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL PUBLIC SECTOR BY REGIONS, 2015 - 2023 (USD MILLION)
2015
2016 North America
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2017 Europe
Asia-Pacific
2023
RoW
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Global Blockchain Technology Market, By Region GLOBAL BLOCKCHAIN TECHNOLOGY MARKET BY REGION, 2016- 2023 (REVENUE % SHARE)
2016
2023 North America Europe
Asia-Pacific
RoW
GLOBAL BLOCKCHAIN TECHNOLOGY MARKET BY REGION, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
Browse Detailed Description, TOC and Key Players Mentioned in this Report @ https://www.infiniumglobalresearch.com/ict-semiconductor/global-blockchaintechnology-market © Infinium Global Research
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Blockchain Technology Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
North America Blockchain Technology Market NORTH AMERICABLOCKCHAIN TECHNOLOGY MARKET BY APPLICATIONS, 2015 - 2023 (USD MILLION)
2015
2016
2017
Financial Services
Consumer or Industrial Electronics
Healthcare
Transportation
2023 Technology, Media, and Telecom Public Sector
Company Profile The Linux Foundation Company Snapshot The Linux Foundation CONTACT DETAILS: Address: 1796 18th Street Suite C San Francisco, CA 94107 United StatesTele: 832-934-0055 Website: www.linux-foundation.org
KEY FEATURES: No. of Employees: more than xx No. of countries of operation: xx
SWOT ANALYSIS: STRENGHTS
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WEAKNESS
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THREATS
OPPORTUNITIES
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PRODUCT PORTFOLIO: Product 1 Product 2 Product 3
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