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Global Blockchain IoT Market

  • ID: 4990422
  • Report
  • February 2020
  • Region: Global
  • 80 Pages
  • Critical Markets
1 of 4


  • Ambrosus
  • DreamzIoT
  • Hdac
  • Modum
  • VeChain
  • Waltonchain
  • MORE

The Internet of Things (IoT) has been progressing on a fast track owing to emerging technologies and infrastructure developments. Most electrical devices are getting connected, whether it is a fridge at home or a printer in the office. It is helping in developing an ecosystem for blockchain IoT market.

The upcoming 5G deployment is going to accelerate IoT growth. The 5G deployment has already been started this year on a trial basis in selected areas. Indeed, faster data transmission will play a key role in helping IoT. However, one of the key growing concerns is around IoT network security. Therefore, some of the key areas that need to be addressed include a wide range of interconnectivity, the security of communication and safety of data backup.

In the IoT ecosystem, hardware and software need to be secured at the same time. Both platforms and applications providers have been trying to make sure that their ecosystems are fully secure. A number of provisions have been maintained for that purpose. Recently blockchain has started emerging a key technology which can be used for various functions including network security. All major IoT platform providers have already started R&D on blockchain technology for further exploration.

The blockchain technology is still in a nascent stage, and the development work is going on for various industries and various applications. Most of the development work is at a pilot stage and will require time for deployments. The implementation of blockchain is expected to revolutionise the IoT industry by making it more secure and safe.

Some of the potential areas include asset tracking and supply chain, smart building, insurance, inventory management, and connected cars. Meanwhile, DreamzIoT, Ambrosus and Modum are working on asset tracking and supply chain while Concentric and Hdac formed a partnership to work together on the development of smart building through IoT and blockchain. PICC (People’s Insurance Company of China) is working on insurance and Filament is working on the development of connected cars. Some companies such as IBM Watson, Waltonchain, Weeve, NetObjex, Viant and VeChain are providing platforms services to businesses.

Key Questions Answered

  • What are the major issues around IoT system?
  • How will blockchain bring changes to existing IoT system?
  • How will blockchain integration with IoT help industries?
  • Which companies are working on developing blockchain based IoT products?
  • How blockchain can ensure better cybersecurity for IoT?
  • Companies providing platforms for businesses and organisations
  • Security of IoT platforms and applications
  • Market Assessment and forecasts of more than nine applications: Assets tracking, automotive, consumer electronics, health care sector, insurance, smart homes, smart industries, smart utilities and others
  • What are the key drivers and restraints of combining blockchain with IoT?

Key Areas Covered

  • Applications
  • Platforms
  • Cybersecurity
  • Key players in the industry
  • Drivers and restraints
  • Trends and developments in the blockchain IoT industry
Note: Product cover images may vary from those shown
2 of 4


  • Ambrosus
  • DreamzIoT
  • Hdac
  • Modum
  • VeChain
  • Waltonchain
  • MORE

Chapter 1 - Executive Summary

  • Key findings

Chapter 2 - Introduction

  • IoT ecosystem
  • Blockchain IoT
  • Methodology

Chapter 3 - Security of IoT Devices and Platforms

  • Cybersecurity in the IoT market
  • Blockchain and IoT

Chapter 4 - Applications

  • Key applications of IoT
  • Key applications of blockchain IoT

Chapter 5 - Platforms and Service Providers

  • Key aspects of platforms
  • Competitive analysis of the platform providers

Chapter 6 - Drivers and Restraints

  • Drivers
  • Restraints

Chapter 7 - Conclusions and Recommendations

  • Conclusions
  • Recommendations

List of Tables
Table 1.1: Total global IoT devices 2015 - 2026 (million units)
Table 1.2: Total global active IoT devices 2015 - 2026 (million units)
Table 1.3: Total global IoT devices by region 2015 - 2026 (million units)
Table 3.1: Global IoT cybersecurity devices market in value terms 2015 - 2026 ($ millions)
Table 3.2: Global blockchain enabled IoT devices market as a % of total IoT Devices 2015 - 2026 (% share)
Table 4.1: Global IoT devices market by applications 2015 - 2026 (million units)
Table 4.2: Global IoT devices market by applications in units 2015 - 2026 (million units)
Table 4.3: Global IoT devices market by applications in value terms 2015 - 2026 ($ millions)
Table 4.4: Global IoT devices market by type of connectivity in units 2015 - 2026 (million units)
Table 4.5: Cellular IoT devices connections by applications 2015 - 2026 (million units)
Table 4.6: Cellular IoT devices connections by regions 2015 - 2026 (million units)

List of Charts
Figure 1.1: Global IoT devices market by type of connectivity 2015 - 2026 (million units)
Figure 4.1: Global IoT devices market shares by applications 2015 - 2026 (%)
Figure 4.2: Cellular IoT devices connections market share by applications 2015 - 2026 (%)
Figure 4.3: Cellular IoT devices connections market share by regions 2015 - 2026 (%)

Note: Product cover images may vary from those shown
3 of 4


4 of 4
  • Ambrosus
  • Concentric
  • DreamzIoT
  • Filament
  • Hdac
  • IBM Watson
  • Modum
  • NetObjex
  • PICC (People’s Insurance Company of China)
  • VeChain
  • Viant
  • Waltonchain
  • Weeve
Note: Product cover images may vary from those shown
5 of 4

The researchers have used a broad range of primary and secondary data to assess the market for the mobile market in terms of subscribers and technological splits. The starting point of their research was employing a literature review and extensive market research where they used a number of external sources, for instance, government bodies, national and international industry associations, company reports and data, market stakeholders’ opinions, industry news, policy documents, government bodies, etc.

The publisher has then incorporated all their market assessment data into the publisher's proprietary detailed model which encompassed the whole country’s mobile market. The publisher has developed numerous validation tools that continuously crossed checked the robustness of their market assessment and to identify any anomalies.

For their market forecasts, the publisher has developed a forecast model that was underpinned by an econometric model. The publisher has considered a number of variables in the publisher's forecasts including GDP, Population, GDP per capita income, CPI, etc. In the forecast, they have also used SWOT analysis to understand the impact of various factors influencing the growth of the mobile industry.

Both their historical and forecast data have also been crossed checked by socio-economic approach (considering variables such as population, macroeconomic conditions, cost of having connection/handset) and bottom-up approach (collating and analyzing industry variables such as a number of connections, cell phone/smartphones numbers, mobile internet, etc).

The mobile internet segment is specifically showing those connections which are used in non-mobile devices such as mobile dongles, mobile tablets, etc, used mainly to get connected to the internet. The researchers assume that these connections will not be able to make calls.

The researchers assume that 5G service will start at the end of 2021, though the relative market share will remain relatively lower.

The publisher expects that growth in mobile phone connection will be on a downward trajectory at the start of the forecast period for various reasons including a slowdown in demand for pre-paid connections, market saturation, increased interaction through mobile application and internet calls.

Aims of the study:

  • A robust assessment and forecasts of a country’s mobile market.
  • To make an accurate and realistic market assessment and forecasts of the number of total mobile subscribers, mobile connections splits, Mobile Internet connections, smartphones holders, etc
  • Identify major drivers and restraints and their implications for the industry.
  • Competitor landscape in a country’s mobile market
  • The country regulatory landscape