Blockchain in Telecommunication and Post Services Market 2018 – Global Forecast to 2023, research report added by “Market Research Future”, Blockchain in Telecommunication and Post Services Market shows rapid growth at 59.3% CAGR for the forecast period of 2018 to 2023. Global Machine Safety Market is segmented by Service Providers, Organization Size, Application, Digital Services, By Platform (Ethereum, IOTA, Hyperledger, HydraChain, Open Chain and IBM Blockchain), By Region – Forecast to 2023
The global blockchain in telecommunication and post services is projected to grow exponentially over the forecast period. The novel use of blockchain, which is in its nascent stage and the innovative applications being developed for the technology are expected to propel market growth during the forecast period. In 2017, the market was valued at USD 39.2 million. Comparatively, the global blockchain in telecommunication and post services is projected to reach an estimated USD 641.8 million by the end of 2023 and achieve an astoundingly positive CAGR of 59.3% during the forecast period of 2017 to 2023.
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Major Key Players:
- IBM Corporation,
- Microsoft Corporation,
- Juniper Networks Inc,
- SAP SE,
- Atos SE,
- Blockchain Tech Ltd,
- Earthport Plc,
- Bitfury Group, Accenture Plc.
Historical market trends, market dynamics, forecast, market value by region as well as by segmentation, country-level analysis for each market segment, key player’s market share analysis and market factor analysis which covers supply chain and Porter’s five forces analysis of the market.
MRFR’s research reports are prepared after in-depth analysis of critical elements that affect the market, providing a holistic view of the market. Insights on the market are provided by compiling primary research inputs gathered through interviews with industry participants across the value chain, which has been substantiated by secondary research data acquired from credible sources and thoroughly validated before conclusions are derived. Our analysts follow a rigorous research process to ensure objectivity based on pertinent parameters to offer a dependable understanding of the market and assist clients in major decision-making. Top-down and bottom-up approaches have been employed for the estimation of market size and have been validated using robust analytical tools and relevant statistical data.
This MRFR market perspective delivers a comprehensive analysis of the blockchain in telecommunication and post services Market, highlighting historical growth, latest trends in the telecomunication sector and potential of blockchain in the telecommunication and post services. The observations that are made will allow investors to identify untapped growth pockets and make critical decisions on their next strategic investments. Key market drivers, opportunities and restraints are all also examined as a part of the research. Types of service providers covered in this research document include application and solution provider, middleware provider, infrastructure and protocols providers. The scope of study also covers organization size (large enterprises and SME) using blockchain. Market revenue assessment on the basis of application include payment & transaction, smart contracts, network management, reporting and analytics, billing/OSS. Types of digital services analysed include digital asset transaction, voice/data services, value added services, identity-as-a-service, content services, and managed services. Popular platforms that have been discussed are Ethereum, IOTA, Hyperledger, HydraChain, Openchain, and IBM Blockchain.
Led by the U.S, North America accounts for the largest region in the global market. The region is technologically advanced and has the well-developed infrastructure. The region also has a concentration of leading market players and startups which is expected to compel market growth over the course of the forecast period. U.S accounted for the largest sub-segment of the North American market and is expected to achieve a CAGR of 58.9% during the assessment period.
Europe accounts for the second largest market and closely follows North America with regards to consumption and growth patterns. Germany is one of Europe’s significant countries in the blockchain for telecommunication & post services market and is projected to grow at a CAGR of 61.5% during the forecast period.
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- Blockchain service providers
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Middleware Providers
- Telecom Vendors
- Communication Service Providers
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