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Explore New Growth Opportunities in Blockchain Technology Market
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Due to increasing applications of blockchain technology and growing automations across the globe, significant amount of demand will be generated over the forecasted period. The Block chain technology allows multiple participants to connect to the network, provides secured communication network. It works as a record keeping as well as electronic transaction processing. Growing digitalization of currency, online transactions as well as secure online payment gateways will create number of opportunities in the blockchain technology market. Some of the key players profiled in the study are International Business Machines Corporation (IBM) (United States), Intel Corporation (United States), Lenovo Group Ltd. (Hongkong), Eastman Kodak Company (United States), Facebook, Inc. (United States), Microsoft Corporation (United States), Ubisoft Entertainment SA (France), Samsung Group (South Korea), Steemit Inc. (United States), Cisco Systems Inc. (United States), Accenture (Ireland) and The Depository Trust & Clearing Corporation (DTCC) (United States).
Increased use of Smart Contracts using Blockchain Technology
Growing Adoption of Blockchain Technology in Content Streaming
Use of Blockchain Technology Provides Enhanced Security and Transparency
Overall Operational Cost is minimized with increased Applications
Maximum Transaction Cost and Requirement of Skilled Workforce
Ample Chances for Public Disagreements between Different Community Sectors
Enormous Opportunities across Multiple Application Arenas such as Financial, Healthcare and Public Sector
Data Communication Irrespective of the Central Administrator or Parent Node
Major Market Developments:
Since the information technology in cryptocurrencies and blockchain boom, a number of global enterprises were either silent or negative towards cryptocurrencies and blockchains. But as a large number of people investing in the crypto market and the rapid growth of the industry is now undeniable, enterprises are facing the important decision to not lose time and get serious about cryptocurrencies. IBM's new head of Blockchain development, Jesse Lund has said that the company will see tons of demand for digital asset issuance across the board. This news indicates a lot of IBM's interest in the cryptocurrency market and the fact that there are central banks with plans of digitizing their monetary system.
On March 20th, 2018, G20 countries gathered in Buenos Aires to discuss the possible regulation of cryptocurrency. Argentina, Australia, Turkey, South Africa, and the United Kingdom proclaimed that they decided not to regulate cryptocurrencies. and At the same time the Head of the Bank of England ‘Mark Carney’, who was a chairman of G20’s Financial Stability Board has mentioned that crypto-assets will not pose risks to global financial stability at present time citing the relatively small capitalization of the market.
Service providers and distributors, Blockchain application builders, Customer experience management professionals, Independent Software Vendors (ISVs), Analytics consulting companies, Enterprises and End-users
The following are the major objectives of the study
• To define, describe, and forecast the Global Blockchain Technology market on the basis of product [Public, Private and Hybrid] , application [Payments, Exchanges, Clearing and settlement, Digital identity, Documentation, Smart contracts and Others], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Blockchain Technology market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
• To strategically profile the key players and analyzing their market shares and core competencies in the Blockchain Technology industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Blockchain Technology market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.
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Strategic Points Covered in Table of Content of Global Blockchain Technology Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Blockchain Technology Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary –
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