Global Blockchain as-a-Service Market is valued at USD 2.5 billion in 2016 is anticipated to grow USD 20.00 billion with the compounded annual growth of XX% over the forecast period 2017-2025.
New York 29 June 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Blockchain as-a-Service industry is poised to raise USD 20.00 billion by 2025. Some key components for the market development will be; low cost of bandwidth, data storage, and computing, and need to lower risks, complexities, and increase efficiency.
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Global Blockchain as-a-Service Market Size study, by Component (Tools and Services), by Business Application (Supply Chain Management, Smart Contracts, Identity Management, Payments, and GRC Management), by Organization Size (Large enterprises, small & medium-sized enterprises), by Industry (Banking, healthcare & life sciences, telecom & IT, manufacturing), and by Regional Forecasts 2017-2025
The industry seems to be fairly competitive. Some of the leading market players include IBM, MICROSOFT, SAP, Deloitte, Accenture, Oracle, AWS, Infosys, PWC, Baidu, Huawei, HPE and so on. Other market players discussed in the report include NTT DATA, TCS, Wipro, KPMG, Ey, L&T Infotech. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The Asia Pacific region accounted for the largest market share, more than XX% of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation by around XX%
Bizwit Research & Consulting LLP has considered following segments for the study:
- Tools & services
By Business Application:
- Supply chain management
- Smart contracts
- Identify management
- GRC management
By Organization size:
- Large enterprises
- Small & medium sized enterprises
- Healthcare & life sciences
- Telecom & IT
- North America
- Asia Pacific
- Latin America
- Rest of the World