Blockchain Market - Opportunities & Forecast, 2018-2025


Posted September 18, 2020 by shaqibakram

The blockchain technology is witnessing significant growth in the various industries such as BFSI, healthcare, retail, and government, owing to, the factors such as secured data transfer....

 
The blockchain is a distributed digital ledger system which records all the transactions and securely shares the data with all the participants in the network. In the blockchain system, each record is referred as ledger and each data exchange is known as a transaction. The verified transaction is added to the ledger and is known as a block. The need for data security and transparency is one of the key factors that is driving the growth of the blockchain market. Once the transaction is added to the blockchain ledger it cannot be altered.

For Additional Insights, Click to Access Complete Report -https://www.gmiresearch.com/report/global-blockchain-market-by-type-private-public/

The blockchain technology is witnessing significant growth in the various industries such as BFSI, healthcare, retail, and government, owing to, the factors such as secured data transfer, reduced fraud and limited risk of phishing and data hacking. For instance, in October 2018, Nuggets (e-commerce payments and ID platform provider) partnered with Devery (product provenance and verification blockchain provider) to develop a blockchain product for the supply chain industry. However, stringent government regulations and lack of standards are hindering the market growth.

Request for Sample Report- https://www.gmiresearch.com/report/global-blockchain-market-by-type-private-public/sample-request

Based on application, the market is classified into payments, smart contracts, digital identity, governance, risk and compliance management, and others. Based on organization size, the market is categorized into Large Enterprises and Small Medium Enterprises. Based on end-users, the market is segmented into BFSI, Healthcare, Retail, Government, IT & Telecom and Others.

Request for Customization –https://www.gmiresearch.com/report/global-blockchain-market-by-type-private-public/request-for-customization

The research report “Global Blockchain Market” provides in-depth analysis of global blockchain market based on product type, technology, end-user and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global blockchain market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:

At what pace is blockchain market growing? What will be the growth trend in the future?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the blockchain market?
What are the various application areas and how they are poised to grow?

About GMI Research

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research’s leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our client’s business problems and add significant value to long lasting relationship.

The company provides syndicated research report, customized research, sales enablement research, data analytics and KPO (knowledge process outsourcing) service for Electronics & Semiconductors, Information Communication and Technology, Energy & Power, Healthcare, Automotive, Transportation & Logistics and Chemical industries. Our analysts and consultants who are passionate about research and consulting are recruited from renowned local and global universities and have worked with the leading local and international organizations.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By GMI Research
Phone 08608812270
Business Address Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate
Country Ireland
Categories Business
Tags blockchain market , gmiresearch
Last Updated September 18, 2020