Blockchain Market - Trends Forecast Till 2028

Market Overview

Global Blockchain market is anticipated to reach USD 3.3 billion in 2021 growing at a CAGR of 67.9% during the forecasting period, 2021-2028.

Blockchain is a technological system that records the information in such a way that it is impossible to change, hack or cheat the system. A very famous example of blockchain application is Bitcoin. It was firstly outlined by Stuart Haber and W. Scott Stornetta. Use of blockchain is not just restricted to cryptocurrency but is widely used in music royalites, cross border payment, personal identity security, supply chain and logistics.

With an increased awareness in retail and supply chain marketing along with the low cost of operation are some of the factors that have supported long-term expansion for Blockchain industry.

Key Findings

Global Blockchain market is segmented into Component, Provider, Type, Organization Size, Application Area and geography.

Component segment is segmented into Implants, Plates, Screw, Wires, Internal Fixators, Braces, and Prosthesis

Provider segment is segmented into Rheumatoid Arthritis, Osteoporosis, and Hammertoe

Type segment is segmented into Private, Public, and Hybrid

Application Area segment is segmented into BFSI, Government, IT & Telecom

Geographically, global Blockchain market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Competitive Landscape

Key players in global Blockchain market are IBM (US), AWS (US), Microsoft (US), SAP (Germany), Intel (US), Oracle (US), Bitfury (Netherlands), Cegeka (Netherlands), Earthport (UK), Guardtime (US), Digital Asset Holdings (US), Chain (US), Huawei (China), BlockCypher (US), Symbiont (US), BigchainDB (Germany), Applied Blockchain (UK), RecordsKeeper (Gibraltar), BlockPoint (US), Auxesis Group (India), BTL Group (Canada), Blockchain Foundry (UK), AlphaPoint (US), NTT Data (Japan), Factom (US), SpinSys (US), ConsenSys (US), Infosys (India), iXLedger (UK),  and Stratis (UK) among others.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Blockchain market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope