The analysts forecast the global blockchain technology (BT) market to grow at a CAGR of 55.59% during the period 2017-2021.
Blockchain is the distributed ledger technology that is used for the management of financial transactions. Block chain facilitates peer-to-peer transactions without the use of intermediaries such as banks and governing bodies. Bitcoin is regarded as the foundation of the development of BT. BT is the most advanced and innovative distributed ledger management system that has revolutionized the payment industry. The technology is at a nascent stage but has gained popularity in a very short period. Leading financial services firms, IT companies, and manufacturing firms are testing the feasibility to implement BT on a real-time basis.
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Covered in this report
The report covers the present scenario and the growth prospects of the global blockchain technology (BT) market 2017-2021. To calculate the market size, the report considers the revenue generated from the BT solutions and service providers.
The market is divided into the following segments based on geography:
• Americas
• EMEA
• APAC
The report, Global Blockchain Technology (BT) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Accenture
• IBM
• Microsoft
Other prominent vendors
• Axoni
• Abra
• BTL Group
• BlockCypher
• BitFury Group
• Chain
• ConsenSys
• Deloitte
• Ethereum
• Ezyremit
• Global Arena Holding
• Provenance
• R3
• Ripple
• Scorechain
• Slock.it
• TATA Consultancy Services
Market driver
• Increase in FinTech spending
• For a full, detailed list, view our report
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Market challenge
• Network privacy and security concerns
• For a full, detailed list, view our report
Market trend
• Advent of artificial intelligence (AI)
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table Of Contents – Major Key Points
PART 01: Executive summary
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-user
Global BT market by end user
BFSI
Supply chain
Healthcare
PART 07: Geographical segmentation
Global BT market by geography
Americas
EMEA
APAC
PART 08: Market drivers
Increase in FinTech spending
Easier access to technology
Disintermediation of banking services
Digital transformation
PART 09: Impact of drivers
PART 10: Market challenges
Network privacy and security concerns
Lack of technology awareness
System configuration concern
………..CONTINUED
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