Market Definition

During the forecast period, the blockchain market is projected to expand at a CAGR of 59.84 percent. The blockchain market will be driven by the growing need to automate business processes and the demand for supply chain management applications that are integrated with blockchain technology. During the forecast era, the smart contracts application segment will rise at the fastest pace. The use of smart contracts on the blockchain network ensures that contract terms and conditions cannot be changed. Third parties cannot hack or tamper with data in contracts thanks to blockchain technology. As a result, businesses in all industries are deploying blockchain-based smart contracts to lower the costs of authentication, execution, arbitration, and fraud prevention. Due to the need to streamline business processes cost-effectively through SMEs, the SMEs segment is expected to expand at a faster pace in the market during the forecast period. The majority of SMEs are still experimenting with blockchain technology; however, due to low infrastructure costs and transparency, the adoption rate in the SMEs market is expected to increase significantly in the coming years. The BFSI industry vertical is expected to have the most market share. The BFSI industry has recognized the importance of blockchain technology, which allows customers safe transactions. Due to numerous factors, such as high compatibility with the financial services industry ecosystem, increasing crypto currencies and Initial Coin Offerings (ICOs), rapid transactions, and reduced total cost of ownership, blockchain technology in the BFSI industry vertical is expected to experience rapid growth worldwide. North America is predicted to have the highest market share. The region's early adoption of blockchain technologies, as well as the emergence of many blockchain technology providers, would contribute to the market's overall share. Businesses in North America have recognised the value of blockchain technology in providing better customer experiences, and they have begun to use it to create business applications.

Report Scope

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers a competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. 

Major Market Players

Blockchain Market report has been categorized as below

The report consists of the list of the vendor's profile of Blockchain Market include IBM, AWS, Microsoft, SAP, Intel, Bitfury, Cegeka, Earthpor, Guardtime, Digital Asset Holdings, Chain, Huawei, BlockCypher, Symbiont, BigchainDB, Applied Blockchain , RecordsKeeper, Blockpoint, Auxesis Group, BTL Group, Blockchain Foundry, AlphaPoint, and Factom

Blockchain Market report has been categorized as below

By Provider

  • Application and Solution Provider
  • Middleware Provider
  • Infrastructure and Protocols Provider

By Application

  • Payments
  • Exchanges
  • Smart Contracts
  • Documentation
  • Digital Identity
  • Supply Chain Management
  • Governance, Risk, and Compliance Management
  • Others

By Organization Size

  • Large Enterprises
  • SMEs

By Industry Vertical

  • BFSI
  • Government
  • Healthcare and Life Sciences
  • Media and Entertainment
  • Retail and E-Commerce
  • Travel and Hospitality
  • Transportation and Logistics
  • Real Estate
  • IT and Telecommunication
  • Others

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • UK
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Rest of Asia Pacific
  • Rest of the World
  • South America
  • Middle East and Africa

The years considered for the study are as follows:

  • Base year - 2020
  • Estimated year - 2021
  • Projected year - 2022
  • Forecast period - 2021 to 2027

Key Questions Addressed by the Report

  • New products/service competitors are exploring?
  • Key players in the market and how intense is the competition?
  • What are the upcoming industry trends that manufacturers are focusing on in the future updates?
  • For each segment, what are the significant opportunities in the market?
  • What are the key growth strategies adopted by major market players in the market?
  • What are the key success strategies adopted by major competitors in the market?

Why Buy this Report:

  • Gain comprehensive insights on the Blockchain market Industry & market trends
  • Note complete analysis of the market status
  • Recognize the market opportunities and growth segments
  • Evaluating business segments & product portfolios, and interpret competitive dynamics
  • Facilitate strategy planning and industry dynamics to strengthen decision making

Report Content

  1. Blockchain Market 


  1. Key Insights
  2. Report Overview
  3. Markets Covered
  4. Stakeholders
  5. Research Methodology
  6. Research Scope
  7. Market Research Process
  8. Research Data Analysis
  9. Market Size Estimation
  10. Executive Summary
  11. Market Overview
  12. Introduction 
  13. Market Drivers and Restraints
  14. By Provider
  15. Application and Solution Provider
  16. Middleware Provider
  17. Infrastructure and Protocols Provider
  18. By Application
  19. Payments
  20. Exchanges
  21. Smart Contracts
  22. Documentation
  23. Digital Identity
  24. Supply Chain Management
  25. Governance, Risk, and Compliance Management
  26. Others
  27. By Organization Size
  28. Large Enterprises
  29. SMEs
  30. By Industry Vertical
  31. BFSI
  32. Government
  33. Healthcare and Life Sciences
  34. Media and Entertainment
  35. Retail and E-Commerce
  36. Travel and Hospitality
  37. Transportation and Logistics
  38. Real Estate
  39. IT and Telecommunication
  40. Others
  41. By Region
  42. Key Points
  43. North America
  44. US
  45. Canada
  46. Mexico
  47. Europe
  48. Germany
  49. France
  50. Italy
  51. UK
  52. Rest of World
  53. Asia Pacific
  54. Japan
  55. China
  56. India
  57. Australia
  58. Rest of Asia Pacific
  59. Rest of the World
  60. South America
  61. Middle East and Africa
  62. Company Profile
  63. (Profile contain company overview, products/services, financials & recent developments)  AWS
  64. IBM
  65. Microsoft
  66. Ripple
  67. Chain, Inc.
  68. Earthport
  69. Coinbase
  70. Bitfury
  71. BTL Group
  72. Digital Asset Holdings
  73. Abra
  74. Factom

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  • Global
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