Global Blockchain Technology Market to reach USD 51045.4 million by 2025 | CAGR:81.2%

Global Blockchain Technology Market is valued at USD 242.4 million in 2016 is anticipated to grow USD 51045.4 million with the compounded annual growth of 81.2% over the forecast period 2017-2025.

 

New York 1 June 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Blockchain Technology industry is poised to raise USD 51045.4 million by 2025. The driving factor for Blockchain Technology market is One of the latest trends gaining traction the advent of artificial intelligence (AI). BT powered by AI is the most advanced IT development taking place in the blockchain and cryptocurrency market. AI is providing several features to manage decentralized monetary systems. AI algorithms should be used to predict the value of bitcoins, which can help bitcoin traders to handle bitcoin transactions, it will also help the customers to have an easy access to a comparative information and will allow many investors to get better informed before deciding about their financial plans. This, in turn, will strike growth in the global BT market during the forecast period. To view the summary or to request a sample copy of this report, please click the link mentioned below:

 

Global Blockchain Technology Market Size Estimates, By Application (Payments, Exchanges, Smart contracts, Documentation, Digital identity, Supply chain management, Governance, risk and compliance management, Others), By Provider (Application and solution provider, Middleware provider, Infrastructure and protocol provider), By Organization Size (Small and Medium-Sized Enterprises (SMEs), Large Enterprises) By Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Media and Entertainment, Transportation and logistics, Real estate, IT and telecommunications, Travel and hospitality, Retail and eCommerce, Healthcare and life sciences, Government and public sector) and by Region (North America, Europe, Asia Pacific, and Rest of the World) 2017-2025

 

The industry is seeming to be fairly competitive. Some of the leading market players include Microsoft Corporation, IBM, Accenture, Deloitte, Capgemini, Cognizant, Infosys, Tata Communication Services, Virtus Polaris, Wipro 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 North America region estimated for dominating the Blockchain Technology market during the forecast period.
  • The North America region will be the highest growing segment with respect to geographical segmentation by around XX%
  • Asia Pacific Blockchain Technology market is estimated to grow at the highest CAGR during the forecast period.

 

Bizwit Research & Consulting LLP has considered the following segments for the study:

 

  • By Application
  • Payments
  • Exchanges
  • Smart contracts
  • Documentation
  • Digital identity
  • Supply chain management
  • Governance, risk and compliance management
  • Others (digital voting and content storage management)
  • By Provider
  • Application and solution provider
  • Middleware provider
  • Infrastructure and protocol provider
  • By Organization Size
  • Small and Medium-Sized Enterprises (SMEs)
  • Large enterprises
  • By Industry Vertical
  • Banking, Financial Services, and Insurance (BFSI)
  • Media and entertainment
  • Transportation and logistics
  • Real estate
  • IT and telecommunications
  • Travel and hospitality
  • Retail and eCommerce
  • Healthcare and life sciences
  • Government and public sector

 

Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World

 

To get a sample of this report or to purchase a copy of the study, you can directly contact us. Or mail to us at sales@bizwitresearch.com

 

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