Blockchain Technology Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2030
Blockchain Technology Market
Blockchain mechanism makes information immutable on the network. The capability of blockchain technology, to accommodate immutability of data, will motivate end users to accelerate adoption over the forecast period. As a result, by the end of the forecast period, the global blockchain technology market value is estimated to grow more than 35 times its value in 2019. The global market is projected to offer an incremental opportunity worth more than US$ 55 Bn in the forecast period of 2020 to 2030.
Key Takeaways of Blockchain Technology Market Study
Blockchain platforms will offer the most lucrative opportunities for revenue generation, among all the blockchain technology-based solutions
Blockchain-based supply chain management is the primary use case in the global market, followed by decentralized finance
Large enterprises will continue being the primary contributors to the growth of the blockchain technology market on a global scale
BFSI industry is the primary contributor to market growth with transportation and logistics industries following suit
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“Blockchain infrastructure setup demands inherent complexities. Since the technology has not achieved commercialization on a global level, the demand for middleware solutions for integration, analytics and correlation, along with governance and security, is likely to rise among technology procurers,” says the FMI analyst.
Blockchain Technology Market Outlook & Key Findings
Creative adaption of blockchain widens scope in retail, oil and gas, and transport and logistics
Close 60% of Luxury brands deploy blockchain technology to prevent counterfeiting
Blockchain technology adoption doubled in transportation and logistics during COVID-19 period
Global blockchain technology market likely to grow at over 50% in 2020
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Competition Landscape of Blockchain Technology Market
The blockchain technology market has a handful of well-established companies. Some of these market leaders include,
IBM
Amazon Web Services, Inc.
Microsoft
SAP
Intel
Oracle
Bitfury Group Limited
Cegeka
Earthport PLC
Guardtime
The following promising players are estimated to lead the innovation of blockchain technology over the coming years:
CONSENSYS
PixelPlex
LimeChain
Accubits Technologies
SoluLab
Blockchain Technology Market: Segmentation
The global blockchain technology market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Solution
Applications
Middleware
Blockchain Platforms
Use Case
Supply Chain Management
Digital Identity
Payments and Money
Trading, Commerce and Exchange
Smart Contracts
Decentralized Finance
Others (Voting, Property Records etc.)
Enterprise Size
Large Enterprises
SMEs
Industry
BFSI
Healthcare
Retail and e-commerce
Hospitality and Travel
Government
Media and Entertainment
Transportation and Logistics
Others (Food and Beverage, Real Estate etc.)
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Table Of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
3. Key Market Trends
4. Key Success Factors
5. COVID-19 Impact Analysis
6. Global Blockchain Technology Market Demand (in Value or Size in US$ Mn) Analysis 2015 – 2019 and Forecast, 2020 – 2030
7. Market Background
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