DUBLIN–(BUSINESS WIRE)–The “Blockchain Technology – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.
International Blockchain Expertise Market to Attain $19.9 Billion by 2026
The expertise on the coronary heart of bitcoin, blockchain expertise is at the moment gaining important significance. Blockchain is a everlasting database that retains file of each transaction that’s executed. The expertise has turn into an integral a part of business-to-business and business-to-consumer commerce, merchandise and authorized processes. Within the banking, monetary companies and insurance coverage sector, progress is predicted to learn from the rising adoption of blockchain in functions similar to digital identities, funds, exchanges and documentation.
Monetary establishments have been spearheading improvements within the Blockchain expertise area, with the sector already witness to profitable implementations of use instances similar to Nasdaq’s non-public market buying and selling platform and Ripple’s cross border fee platform. Blockchain holds important potential for prescription administration, medical knowledge, on-line purchasing and different areas. The expertise is probably going to assist firms in controlling provide chains, attaining traceability of merchandise and sustaining auditable file of products motion. Within the publish COVID-19 interval, progress out there might be led by next-generation blockchain improvements and the ensuing improvement of recent functions areas.
Amid the COVID-19 disaster, the worldwide marketplace for Blockchain Expertise estimated at US$3.4 Billion within the 12 months 2022, is projected to succeed in a revised measurement of US$19.9 Billion by 2026, rising at a CAGR of 43% over the evaluation interval. Public, one of many segments analyzed within the report, is projected to develop at a 44.8% CAGR to succeed in US$21.5 Billion by the top of the evaluation interval.
The U.S. Market is Estimated at $1 Billion in 2022, Whereas China is Forecast to Attain $2.1 Billion by 2026
The Blockchain Expertise market within the U.S. is estimated at US$1 Billion within the 12 months 2022. The nation at the moment accounts for a 31.64% share within the international market. China, the world’s second largest economic system, is forecast to succeed in an estimated market measurement of US$2.1 Billion within the 12 months 2026 trailing a CAGR of fifty.2% via the evaluation interval.
Key Matters Coated:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Unprecedented Losses Sustained within the Provide Chain Bodes Properly for Integration of Rising Applied sciences like Blockchain to Improve Resilience & Reliability
- Accelerated by COVID-19, the Digitalization of Healthcare System Provides Sturdy Alternatives for Blockchain Deployment
- Rise of Telemedicine Throughout COVID-19 Occasions Brings Blockchain Into the Highlight to Defend Telemedicine Packages
- Different Methods in Which Blockchain Can Revolutionize the Healthcare System within the Put up COVID-19 Interval
- Storming Into the Highlight Is the Use of Blockchain in Preventing Counterfeiting of Medication & Managing Medical Trials
- Rising Incidence of Counterfeiting within the Pharmaceutical Trade Pushes Up the Urgency to Leverage the Safety Advantages Promised by Blockchain
- Put up COVID-19 Deal with Sustainability to Drive Blockchain Adoption in Environmental Governance
- This is Why the Atmosphere & Sustainability Might be Prime Priorities After the Pandemic
- How Blockchain Can Assist Deal with the Sustainability Problem?
- Inefficiencies of Public Sector & Authorities Businesses Can Now Lastly Be Addressed Utilizing Blockchain
- Blockchain-Enabled E-Voting Might Very Properly be the Way forward for Organizational & Nationwide Voting
- A Rising Marketplace for Sensible Agriculture to Enhance Adoption of Blockchain
- Sensible Agriculture Turns into a US$12 Billion International Market
- Sensible Agriculture Opens a Wealth of Alternative for Blockchain Expertise
- Blockchain’s Position in Sensible Agriculture Demystified
- Rising IoT Ecosystems Methods to Energy Blockchain Implementations
- The Lacking Hyperlink Between Safety and IoT is Blockchain
- Sensible Contracts Are Among the many Most Promising Use Circumstances of Distributed Ledger Expertise
- Monetary Providers Sector: The Most Profitable Software Space for Blockchain
- Blockchain to Enhance Transparency, Safety, Immutability & Accessibility of Monetary Methods & Processes
- Blockchain Can Assist in Monetary Inclusion of the Unbanked
- International Push for Monetary Inclusion Amidst the Nonetheless Excessive Numbers of Unbanked Individuals to Profit Deployment of Blockchain to Treatment the State of affairs
- On-line Banking Fraud Might Turn into Historical past With Blockchain
- Thoughts Bending Losses Accruing Because of On-line Banking Fraud Pushes Up the Urgency to Discover the Unrivalled Safety Advantages Supplied by Blockchain: Cumulative International On-line Fraud (In US$ Billion) Between 2020 to 2024 by Area
- Blockchain-based Funds Processing: An Energetic Space of Curiosity for Banks
- Big Potential for Blockchain Expertise within the Pharmaceutical Trade
- Blockchain & Synthetic Intelligence (AI): A Highly effective Mixture
- How the Journey Trade Is Benefiting from Blockchain & AI Combo
- A Promising Progress Outlook for Blockchain Expertise within the Vitality Sector
- Blockchain Powered Options to Streamline Processes in Logistics, Trucking and Industrial Transportation Trade
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Corporations Talked about
- AlphaPoint Company
- Blockchain International
- Blockchain Tech Ltd
- BlockCypher, Inc.
- Chain, Inc.
- Coinfirm Ltd.
- Consensus Methods Applied sciences Company
- Digital Asset Holdings, LLC
- LUKKA, INC.
- Microsoft Company
- Monax Industries
- Ping Identification Company
- The Bitfury Group
- The Linux Basis
For extra details about this report go to https://www.researchandmarkets.com/r/l35i34
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