Global Blockchain Market 2023-2028: Share, Size, Industry Analysis, Growth Drivers, Innovation, and Future Outlook

Global Blockchain Market 2023-2028: Share, Size, Industry Analysis, Growth Drivers, Innovation, and Future Outlook

March 13, 2024
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The Global Blockchain Market is expected to grow at a CAGR of around 73.1% during the forecast period, i.e., 2023-28. MarkNtel Advisors’ recently published versions of the study on the Global Blockchain Industry (2023-2028) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.

Essential Parameters

  • Timefrvame and Metrics
  • Historical Period: 2018-21
  • Base Year: 2022
  • Forecast Years: 2023-2028
  • Units: USD Million/Billion
  • Our goal is to offer clients with relevant and up-to-date information. To achieve this, our skilled analysts and researchers conduct thorough studies on the industry.
  • Before creating a roadmap or checklist for the research report, we seek to understand the client’s perspective and objectives.
  • The figures in our reports are tailored with input from industry experts, ensuring our reports are comprehensive solutions for clients.
  • We use both primary and secondary research approaches to gather unbiased and comprehensive market information.

“In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

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Key Driver: Massive Venture Capital Investments due to Rapidly Rising Market Value of Cryptocurrencies

Cryptocurrencies incur lower transaction fees than other payment methods, as they are based on blockchain technology. As a result, many individuals & businesses are increasingly adopting the technology for cross-border payments & remittances since the latter involves high transaction costs. Moreover, since cryptocurrencies are immutable, regulatory authorities cannot impose any restrictions on cross-border transactions. All these aspects have resulted in a significant surge in the market value of cryptocurrencies, i.e., attracting massive venture capital funding in blockchain startups, which projects lucrative prospects for the Global Blockchain Market during 2023-28.

Analyzing the Segmentations for the Global Blockchain Market

Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:

By Component

-Services- Market Size & Forecast 2018-2028F, USD Million

-Consultation- Market Size & Forecast 2018-2028F, USD Million

-Development & Integration- Market Size & Forecast 2018-2028F, USD Million

-Support & Maintenance- Market Size & Forecast 2018-2028F, USD Million

-Platform- Market Size & Forecast 2018-2028F, USD Million

By Provider

-Application Provider- Market Size & Forecast 2018-2028F, USD Million

-Infrastructure Provider- Market Size & Forecast 2018-2028F, USD Million

-Middleware Provider- Market Size & Forecast 2018-2028F, USD Million

By Type

-Private- Market Size & Forecast 2018-2028F, USD Million

-Public- Market Size & Forecast 2018-2028F, USD Million

-Hybrid- Market Size & Forecast 2018-2028F, USD Million

By Organization

-Small- Market Size & Forecast 2018-2028F, USD Million

-Medium- Market Size & Forecast 2018-2028F, USD Million

-Large- Market Size & Forecast 2018-2028F, USD Million

By Application

-Payment- Market Size & Forecast 2018-2028F, USD Million

-Documentation- Market Size & Forecast 2018-2028F, USD Million

-Exchanges- Market Size & Forecast 2018-2028F, USD Million

-Supply Chain Management- Market Size & Forecast 2018-2028F, USD Million

-Digital Identity- Market Size & Forecast 2018-2028F, USD Million

-Others (Advertising insights, Smart Contracts, etc.) – Market Size & Forecast 2018-2028F, USD Million

By End User

-BFSI- Market Size & Forecast 2018-2028F, USD Million

-Government- Market Size & Forecast 2018-2028F, USD Million

-Logistics- Market Size & Forecast 2018-2028F, USD Million

-Healthcare- Market Size & Forecast 2018-2028F, USD Million

-Energy & Utilities- Market Size & Forecast 2018-2028F, USD Million

-Media & Entertainment- Market Size & Forecast 2018-2028F, USD Million

-IT & Telecom- Market Size & Forecast 2018-2028F, USD Million

-Retail & E-commerce- Market Size & Forecast 2018-2028F, USD Million

-Others (Agriculture, Manufacturing, etc.)- Market Size & Forecast 2018-2028F, USD Million

View Full Report with TOC & List of Figure: https://www.marknteladvisors.com/research-library/global-blockchain-market.html

Exploring the Geographical Landscape of the Global Blockchain Industry

Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific.

Do You Know Who are the Leading Companies in the Global Blockchain Market?  

Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the Global Blockchain Market companies:

-IBM

-Amazon Web Services, Inc.

-Microsoft

-SAP

-Intel

-Oracle

-NTT Data

-Accenture

-Deloitte Touche Tohmatsu Limited

-Consensys Systems

-Huawei

-Monax.

Submitted your request for a custom report-             https://www.marknteladvisors.com/query/request-customization/global-blockchain-market.html

Key Questions Addressed in the Global Blockchain Market Research Report:

  • What is the estimated size, share, and CAGR of the Global Blockchain Market in the forecast period?
  • What are the key trends projected to impact the Global Blockchain Market during 2023-2028?
  • What are the different segments & sub-segments considered in the Global Blockchain Market research study?
  • Who are the key stakeholders and players participating in the Global Blockchain Market?
  • What are the major aspects creating opportunistic arena for the Global Blockchain Market?
  • What would be the demand for different types of products/services in the Global Blockchain Market through 2028?
  • What all factors would create challenge for the Global Blockchain Industry growth?

About Us-

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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