Global Blockchain Market 2021-2026 - Research and Markets

The global blockchain market should reach $56.7 billion by 2026 from $6.0 billion in 2021 at a compound annual growth rate (CAGR) of 56.9% for the forecast period of 2021 to 2026.

Report Scope

In this report, the market has been segmented based on organization size, component, provider, type, industry and geography. The report provides an overview of the global blockchain market and analyzes market trends. Using 2020 as the base year, the report provides estimated market data for the forecast period 2021-2026. Market values have been estimated based on the total revenue of blockchain solution providers.

The report covers the market for blockchain with regard to the user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for blockchain in 2021 and provides projections for the expected market size through 2026.

The scope of the study includes blockchain development platform and associated services as well as services associated with the platform. However, cryptocurrency wallets and mobile applications developed in the blockchain platform, predeveloped blockchain applications and physical services have been excluded from the study.

The Report Includes

64 data tables and 60 additional tables
A brief overview and up-to-date analysis of the global markets for blockchain technologies within the ecosystem
Analyses of the global market trends, with data from 2020, market estimation for 2021-2022, and projections of compound annual growth rates (CAGRs) through 2026
In-depth information (facts and figures) concerning market drivers, restraints and other forces impacting the progress of the global blockchain market
Evaluation of current market size and market forecast for global blockchain market, and corresponding market share analysis by organization size, component, provider, technology type, end-use industry and geographic region
Country-specific data and analysis for the U.S., Canada, Mexico, Germany, UK, France, Australia, Japan, China and Singapore, etc.
Patent analysis for blockchain technologies, along with the number of total patents awarded and applications received by each category
Assessment of COVID-19 pandemic impact on the global blockchain technology market
Insight into recent industry activities, competitive landscape of key players operating within the global blockchain market, and their strategic analysis
Descriptive company profiles of the leading market participants, including Accenture PLC, Deloitte, Fundchain, Global Blockchain Business Council, Intel Corp., Japan Exchange Group, and Tata Consultancy Services Ltd.

Frequently Asked Questions about the Global Blockchain Market

What is the estimated value of the Global Blockchain Market?

The Global Blockchain Market was estimated to be valued at $6.0 Billion in 2021.

What is the growth rate of the Global Blockchain Market?

The growth rate of the Global Blockchain Market is 56.9%, with an estimated value of $56.7 Billion by 2026.

What is the forecasted size of the Global Blockchain Market?

The Global Blockchain Market is estimated to be worth $56.7 Billion by 2026.

Who are the key companies in the Global Blockchain Market?

Key companies in the Global Blockchain Market include Accenture Plc, Amazon.Com Inc., ANT Financial Services Co., Ltd., Axoni, Bankchain, Blockchain Insurance Industry Initiative (B3I), Chain Inc., Deloitte and Enterprise Ethereum Alliance (Eea).

Chapter 1 Introduction

Study Goals and Objectives
Scope of Report
Reasons for Doing the Study
Intended Audiences
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
Custom Research
Related Reports

Chapter 2 Summary and Highlights

Chapter 3 Blockchain: Market Overview

Introduction
Technologies in Blockchain
Advantages of Blockchain and Distributed Ledger Technology
Evolution of Blockchain Technology
Origin of Blockchain
Development of Blockchain
Market Overview
Growing Adoption of Blockchain Technology
Data Mishandling Issues in the BFSI Sector
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Impact of COVID-19 on the Blockchain Market
Implementation of Blockchain Technology
Phase 1: Strategy (Identify and Set Goals)
Phase 2: Developing Proof of Concept (POC)
Phase 3: Build and Trial
Phase 4: Rollout and Observe
Patent Analysis
Recently Granted Key Patents
Blockchain Provider Ecosystem
Blockchain Solution Providers
Blockchain Tools and Software Providers
Blockchain Platforms and Frameworks
Academia Regulators and Nonprofit
Some Blockchain-Related Use Cases/Applications
Smart Contract Use Cases
IoT Use Cases
Money Transfer Use Cases
Healthcare Use Cases
Personal Identity Security Use Cases
Logistics Use Cases
Government Use Cases
Media Use Cases
Regulatory Structure
North America
Europe
Asia-Pacific
Rest of the World

Chapter 4 Market Breakdown by Organization Size

Introduction
Small and Medium Enterprises (SMEs)
Large Enterprises

Chapter 5 Market Breakdown by Component

Introduction
Platform
Services
Technology Advisory and Consulting Services
Development and Integration Services
Support and Maintenance Services

Chapter 6 Market Breakdown by Provider

Introduction
Application Providers
Middleware Providers
Infrastructure Providers

Chapter 7 Market Breakdown by Type

Introduction
Public Blockchain
Private Blockchain
Hybrid Blockchains

Chapter 8 Market Breakdown by Industry

Introduction
Banking and Financial Services
Cross-Border Payments
Stock Exchange and Trading
Smart Contract
Trade Finance
Digital Identity Information
Syndicate Lending
Accounting, Bookkeeping and Audits
Credit Reports
Hedge Funds
Peer-to-Peer (P2P) Transfers
Government
Voting
Payments
Identity Management
Smart Contracts
Asset Registry
Retail and E-Commerce
Inventory Management
Supply Chain Management
Payments
Loyalty and Rewards
Customer Identity Management
Smart Contracts
Energy and Utilities
Grid Management
Smart Meters
Tokenization of Carbon Credits
Governance Risk and Compliance (GRC) Management
Peer-to-Peer Energy Trading
Financing Energy Access
Healthcare and Life Science
Electronic Medical Record Data Management
Healthcare Data Protection
Personal Health Record Data Management
Point-of-Care Genomics
Blockchain for EHR Data Management
Impeding Counterfeit Drugs
Clinical Research and Data Management
Health Supply Chain Management
Internet of Medical Things (IoMT)
IT and Telecom
Identity Management
OSS/BSS Processes Management
Connectivity Provisioning
Payments and Smart Contracts
Roaming and Settlements
Phone Theft Prevention
Number Portability
Insurance
Fraud Detection
Claim Management and Policy-Making Processes
On-Demand Insurance
Peer-to-Peer Insurance Model
Payments and Smart Contracts
Media, Advertising and Entertainment
Blockchain-Based Payment Model
Content Aggregation
Royal Distribution
Licensing and Rights Management
Smart Contracts
Content Security
Online Gaming
Manufacturing
Logistic and Supply Chain Management
Counterfeit Detection and Product Provenance
Business Process Automation
Real-Time Asset Tracking and Management
Sensitive Data Security
Predictive Maintenance
Reducing Cyberattacks and System Failures
Agriculture and Food
Agriculture Insurance
Smart Agriculture
Food Chain Supply
E-Commerce and Trading of Agriculture Products
Inventory Management
Payment and Settlements
Smart Contracts
Transportation and Logistics
Payments and Invoicing
Dispute Settlement
Freight Tracking
Inventory Tracking
Mobility Solutions
Others

Chapter 9 Market Breakdown by Region

Total Global Value by Region
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Rest of Europe
Asia-Pacific
China
Singapore
Japan
Australia
Rest of Asia-Pacific
Rest of the World

Chapter 10 Competitive Landscape

Top Companies
Strategic Analysis
Key Product Launches and Developments
Key Collaborations and Partnerships
Key Acquisitions and Expansions

Chapter 11 Company Profiles

Consortium/Alliance/Association
Bankchain
Blockchain Insurance Industry Initiative (B3I)
Enterprise Ethereum Alliance (EEA)
Financial Blockchain Shenzhen Consortium (Fisco)
Fundchain
Global Blockchain Business Council
Hyperledger Consortium
International Securities Association For Institutional Trade Communication (Isitc Europe)
Japan Exchange Group (JPX)
Marco Polo Network
R3
We.Trade
Blockchain Service/Infrastructure/Platform Providers
Accenture Plc
Amazon.Com Inc.
ANT Financial Services Co., Ltd.
Axoni
Bigchaindb
Bitfury Honding B.V.
Blockcypher
Chain Inc.
Consensys
Deloitte
Dentacoin B.V.
Digital Assets Holding Llc
Factom Inc.
Guardtime
Huawei Technologies Co., Ltd.
IBM
Infosys Ltd.
Intel Corp.
Intellectsoft Llc
Ixledger
Microsoft Corp.
NTT Data
Oracle Corp.
Ripple Labs Inc.
SAP SE
Solve.Care Foundation Ou
Stratis
Symbiont
Tata Consultancy Services (TCS) Ltd.

List of Tables

Summary Table: Global Market for Blockchain, by Region, Through 2026
Table 1: Development of Blockchain
Table 2: Some Venture Capital Funding Investments in Blockchain Companies
Table 3: Patents Shares on Blockchain, by Company, 2020
Table 4: North American Blockchain Associations/Regulations
Table 5: European Blockchain Associations/Regulations
Table 6: Asia-Pacific Blockchain Associations/Regulations
Table 7: RoW Blockchain Associations/Regulations
Table 8: Global Market for Blockchain, by Organization Size, Through 2026
Table 9: Global Market for SMEs in Blockchain, by Region, Through 2026
Table 10: Global Market for Large Enterprise in Blockchain, by Region, Through 2026
Table 11: Global Market for Blockchain, by Component, Through 2026
Table 12: Comparison of Top Blockchain Platforms
Table 13: Global Market for Platform in Blockchain, by Region, Through 2026
Table 14: Global Market for Services in Blockchain, by Region, Through 2026
Table 15: Global Market for Blockchain, by Provider, Through 2026
Table 16: Global Market for Application Providers in Blockchain, by Region, Through 2026
Table 17: Global Market for Middleware Providers in Blockchain, by Region, Through 2026
Table 18: Global Market for Infrastructure Providers in Blockchain, by Region, Through 2026
Table 19: Comparison Between Different Types of Blockchain
Table 20: Global Market for Blockchain, by Type, Through 2026
Table 21: Global Market for Public Blockchain, by Region, Through 2026
Table 22: Global Market for Private Blockchain, by Region, Through 2026
Table 23: Global Market for Hybrid Blockchain, by Region, Through 2026
Table 24: Global Market for Blockchain, by Industry, Through 2026
Table 25: Global Market for Blockchain in Banking and Financial Services, by Region, Through 2026
Table 26: Global Market for Blockchain in Government, by Region, Through 2026
Table 27: Global Market for Blockchain in Retail and E-Commerce, by Region, Through 2026
Table 28: Global Market for Blockchain in Energy and Utilities, by Region, Through 2026
Table 29: Global Market for Blockchain in Healthcare and Life Science, by Region, Through 2026
Table 30: Global Market for Blockchain in IT and Telecom, by Region, Through 2026
Table 31: Global Market for Blockchain in Insurance, by Region, Through 2026
Table 32: Global Market for Blockchain in Media, Advertising and Entertainment, by Region, Through 2026
Table 33: Global Market for Blockchain in Manufacturing, by Region, Through 2026
Table 34: Global Market for Blockchain in Agriculture and Food, by Region, Through 2026
Table 35: Global Market for Blockchain in Transportation and Logistics, by Region, Through 2026
Table 36: Global Market for Blockchain in Other Industries, by Region, Through 2026
Table 37: Global Market for Blockchain, by Region, Through 2026
Table 38: North American Market for Blockchain, by Organization Size, Through 2026
Table 39: North American Market for Blockchain, by Component, Through 2026
Table 40: North American Market for Blockchain, by Provider, Through 2026
Table 41: North American Market for Blockchain, by Type, Through 2026
Table 42: North American Market for Blockchain, by Industry, Through 2026
Table 43: North American Market for Blockchain, by Country, Through 2026
Table 44: European Market for Blockchain, by Organization Size, Through 2026
Table 45: Europeana Market for Blockchain, by Component, Through 2026
Table 46: Europen Market for Blockchain, by Provider, Through 2026
Table 47: European Market for Blockchain, by Type, Through 2026
Table 48: European Market for Blockchain, by Industry, Through 2026
Table 49: European Market for Blockchain, by Country, Through 2026
Table 50: Asia-Pacific Market for Blockchain, by Organization Size, Through 2026
Table 51: Asia-Pacific Market for Blockchain, by Component, Through 2026
Table 52: Asia-Pacific Market for Blockchain, by Provider, Through 2026
Table 53: Asia-Pacific Market for Blockchain, by Type, Through 2026
Table 54: Asia-Pacific Market for Blockchain, by Industry, Through 2026
Table 55: Asia-Pacific Market for Blockchain, by Country, Through 2026
Table 56: RoW Market for Blockchain, by Organization Size, Through 2026
Table 57: RoW Market for Blockchain, by Component, Through 2026
Table 58: RoW Market for Blockchain, by Provider, Through 2026
Table 59: RoW Market for Blockchain, by Type, Through 2026
Table 60: RoW Market for Blockchain, by Industry, Through 2026
Table 61: Global Blockchain Market, Product Launches and Developments, March 2018-October 2020
Table 62: Global Blockchain Market, Collaborations and Partnerships, September 2017-May 2021
Table 63: Global Blockchain Market, Acquisitions and Expansions, March 2019-January 2020
Table 64: B3i: Key Management
Table 65: Global Blockchain Business Council: Key Management
Table 66: Hyperledger Consortium: Frameworks/Projects
Table 67: ISITC: Key Management
Table 68: Japan Exchange Group: Papers Published
Table 69: Japan Exchange Group: Key Management
Table 70: Marco Polo Network: Key Management
Table 71: R3: Key Management
Table 72: we.trade: Key Management
Table 73: Accenture PLC: Blockchain Services
Table 74: Accenture PLC: Net Revenue, 2018-2020
Table 75: Accenture PLC: Technology and Consulting Partners
Table 76: Accenture PLC: Key Management
Table 77: Accenture plc: Recent Developments, 2018-2020
Table 78: Amazon.com Inc.: Blockchain Product and Services
Table 79: Amazon.com Inc.: Net Revenue, 2018-2020
Table 80: Amazon.com Inc.: APN Technology and Consulting Partners
Table 81: Amazon.com Inc.: Key Management
Table 82: Amazon.com Inc.: Recent Developments, 2018-2020
Table 83: Axoni: Key Management
Table 84: Chain Inc.: Blockchain Services
Table 85: Chain Inc.: Key Management
Table 86: Factom Inc.: Products and Services
Table 87: Factom Inc.: Key Management
Table 88: Factom Inc.: Recent Developments, 2019
Table 89: Huawei Technologies Co., Ltd.: Products and Services
Table 90: Huawei Technologies Co., Ltd.: Company Financials, 2018-2020
Table 91: Huawei Technologies Co., Ltd.: Key Management
Table 92: Huawei Technologies Co. Ltd.: Recent Developments, 2018-2021
Table 93: IBM: Blockchain Product and Services
Table 94: IBM: Company Financials, 2018-2020
Table 95: IBM: Key Management
Table 96: IBM: Recent Developments, 2017-2021
Table 97: Infosys Ltd.: Blockchain Services
Table 98: Infosys Ltd.: Company Financials, FY2018-2020
Table 99: Infosys Ltd.: Recent Developments, 2018-2020
Table 100: Intel Corp.: Blockchain Products and Services
Table 101: Intel Corp.: Company Financials, FY 2018-2020
Table 102: Intel Corp.: Technology and Consulting Partners
Table 103: Intel Corp.: Key Management
Table 104: Intel Corp.: Recent Developments, 2018-2020
Table 105: Microsoft Corp.: Blockchain Products and Services
Table 106: Microsoft Corp.: Company Financials, FY 2018-2020
Table 107: Microsoft Corp.: Key Management
Table 108: Microsoft Corp.: Recent Developments, 2019
Table 109: Oracle Corp.: Blockchain Products and Services
Table 110: Oracle Corp.: Company Financials, FY 2018-2020
Table 111: Oracle Corp.: Recent Developments, 2019 and 2020
Table 112: Ripple Labs Inc.: Funding
Table 113: Ripple Labs Inc.: Key Management
Table 114: SAP SE: Blockchain Products and Services
Table 115: SAP SE: Net Revenue, 2018-2020
Table 116: SAP SE: Technology and Consulting Partners
Table 117: SAP SE: Key Management
Table 118: SAP SE: Recent Developments, 2017-2021
Table 119: Tata Consultancy Services Ltd.: Blockchain Products and Services
Table 120: Tata Consultancy Services Ltd.: Net Revenue, 2018-2020
Table 121: Tata Consultancy Services Ltd.: Technology and Consulting Partners
Table 122: Tata Consultancy Services Ltd.: Key Management
Table 123: Tata Consultancy Services Ltd.: Recent Developments, 2017-2021

List of Figures

Summary Figure: Global Market Shares of Blockchain, by Region, 2020
Figure 1: Steps for Implementing Blockchain Technology
Figure 2: Patents on Blockchain, by Year, 2017-2021*
Figure 3: Blockchain Patents Shares, by Region, 2020
Figure 4: Ecosystem of Blockchain Providers
Figure 5: Global Market Shares of Blockchain, by Organization Size, 2020
Figure 6: Global Market Shares of Blockchain, by Organization Size, 2026
Figure 7: Global Market Shares of SMEs in Blockchain, by Region, 2020
Figure 8: Global Market Shares of SMEs in Blockchain, by Region, 2026
Figure 9: Global Market Shares of Large Enterprise in Blockchain, by Region, 2020
Figure 10: Global Market Shares of Large Enterprise in Blockchain, by Region, 2026
Figure 11: Global Market Shares of Blockchain, by Component, 2020
Figure 12: Global Market Shares of Blockchain, by Component, 2026
Figure 13: Global Market Shares of Platform in Blockchain, by Region, 2020
Figure 14: Global Market Shares of Platform in Blockchain, by Region, 2026
Figure 15: Global Market Shares of Services in Blockchain, by Region, 2020
Figure 16: Global Market Shares of Services in Blockchain, by Region, 2026
Figure 17: Blockchain Provider Ecosystem
Figure 18: Global Market Shares of Blockchain, by Provider, 2020
Figure 19: Global Market Shares of Blockchain, by Provider, 2026
Figure 20: Global Market Shares of Application Providers in Blockchain, by Region, 2020
Figure 21: Global Market Shares of Application Providers in Blockchain, by Region, 2026
Figure 22: Global Market Shares of Middleware Providers in Blockchain, by Region, 2020
Figure 23: Global Market Shares of Middleware Providers in Blockchain, by Region, 2026
Figure 24: Global Market Shares of Infrastructure Providers in Blockchain, by Region, 2020
Figure 25: Global Market Shares of Infrastructure Providers in Blockchain, by Region, 2026
Figure 26: Global Market Shares of Blockchain, by Type, 2020
Figure 27: Global Market Shares of Blockchain, by Type, 2026
Figure 28: Global Market Shares of Public Blockchain, by Region, 2020
Figure 29: Global Market Shares of Public Blockchain, by Region, 2026
Figure 30: Global Market Shares of Private Blockchain, by Region, 2020
Figure 31: Global Market Shares of Private Blockchain, by Region, 2026
Figure 32: Global Market Shares of Hybrid Blockchain, by Region, 2020
Figure 33: Global Market Shares of Hybrid Blockchain, by Region, 2026
Figure 34: Global Market Shares of Blockchain, by Industry, 2020
Figure 35: Global Market Shares of Blockchain, by Industry, 2026
Figure 36: Global Market Shares of Blockchain in Banking and Financial Services, by Region, 2020
Figure 37: Global Market Shares of Blockchain in Banking and Financial Services, by Region, 2026
Figure 38: Global Market Shares of Blockchain in Government, by Region, 2020
Figure 39: Global Market Shares of Blockchain in Government, by Region, 2026
Figure 40: Global Market Shares of Blockchain in Retail and E-Commerce, by Region, 2020
Figure 41: Global Market Shares of Blockchain in Retail and E-Commerce, by Region, 2026
Figure 42: Global Market Shares of Blockchain in Energy and Utilities, by Region, 2020
Figure 43: Global Market Shares of Blockchain in Energy and Utilities, by Region, 2026
Figure 44: Global Market Shares of Blockchain in Healthcare and Life Science, by Region, 2020
Figure 45: Global Market Shares of Blockchain in Healthcare and Life Science, by Region, 2026
Figure 46: Global Market Shares of Blockchain in IT and Telecom, by Region, 2020
Figure 47: Global Market Shares of Blockchain in IT and Telecom, by Region, 2026
Figure 48: Global Market Shares of Blockchain in Insurance, by Region, 2020
Figure 49: Global Market Shares of Blockchain in Insurance, by Region, 2026
Figure 50: Global Market Shares of Blockchain in Media, Advertising and Entertainment, by Region, 2020
Figure 51: Global Market Shares of Blockchain in Media, Advertising and Entertainment, by Region, 2026
Figure 52: Global Market Shares of Blockchain in Manufacturing, by Region, 2020
Figure 53: Global Market Shares of Blockchain in Manufacturing, by Region, 2026
Figure 54: Global Market Shares of Blockchain in Agriculture and Food, by Region, 2020
Figure 55: Global Market Shares of Blockchain in Agriculture and Food, by Region, 2026
Figure 56: Global Market Shares of Blockchain in Transportation and Logistics, by Region, 2020
Figure 57: Global Market Shares of Blockchain in Transportation and Logistics, by Region, 2026
Figure 58: Global Market Shares of Blockchain in Other Industries, by Region, 2020
Figure 59: Global Market Shares of Blockchain in Other Industries, by Region, 2026
Figure 60: Global Market for Blockchain, by Region
Figure 61: Global Market Shares of Blockchain, by Region, 2020
Figure 62: Global Market Shares of Blockchain, by Region, 2026
Figure 63: U.S. Market for Blockchain, 2020-2026
Figure 64: Canadian Market for Blockchain, 2020-2026
Figure 65: Mexican Market for Blockchain, 2020-2026
Figure 66: German Market for Blockchain, 2020-2026
Figure 67: U.K. Market for Blockchain, 2020-2026
Figure 68: French Market for Blockchain, 2020-2026
Figure 69: Rest of European Market for Blockchain, 2020-2026
Figure 70: Chinese Market for Blockchain, 2020-2026
Figure 71: Singapore Market for Blockchain, 2020-2026
Figure 72: Japanese Market for Blockchain, 2020-2026
Figure 73: Australian Market for Blockchain, 2020-2026
Figure 74: Rest of Asia-Pacific Market for Blockchain, 2020-2026
Figure 75: Global Blockchain Market Shares of the Most Followed Strategies, 2017-2021
Figure 76: Accenture PLC: Sales Share, by Business Segment, 2020
Figure 77: Accenture PLC: Sales Share, by Region, 2020
Figure 78: Amazon.com Inc.: Sales Share, by Business Segment, 2020
Figure 79: Huawei Technologies Co., Ltd.: Revenue Share, by Business Segment, 2020
Figure 80: Huawei Technologies Co., Ltd.: Sales Share, by Region/Country, 2020
Figure 81: IBM: Revenue Share, by Business Segment, 2020
Figure 82: IBM: Sales Share, by Region, 2020
Figure 83: Infosys Ltd.: Revenue Share, by Business Segment, 2020
Figure 84: Infosys Ltd.: Sales Share, by Region/Country, 2020
Figure 85: Intel Corp.: Revenue Share, by Business Segment, 2020
Figure 86: Intel Corp.: Sales Share, by Country, 2020
Figure 87: Microsoft Corp.: Revenue Share, by Business Segment, 2020
Figure 88: Microsoft Corp.: Sales Share, by Country, 2020
Figure 89: Oracle Corp.: Revenue Share, by Business Segment, 2020
Figure 90: Oracle Corp.: Sales Share, by Country, 2020
Figure 91: SAP SE: Sales Share, by Business Segment, 2020
Figure 92: SAP SE: Sales Share, by Region, 2020
Figure 93: Tata Consultancy Services Ltd.: Sales Share, by Business Segment, 2020
Figure 94: Tata Consultancy Services Ltd.: Sales Share, by Country, 2020

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Executive Summary

In this report, the publisher examines how the blockchain market is changing and how it has evolved. This analysis includes a detailed survey of new organizations in the market as well as existing organizations. At the industry level, the publisher identifies, examines, describes, and provides global and regional market sizes for 2020 and forecasts demand from 2021 through 2026.

Blockchain technology has the capability to reduce the costs associated with verifying customer transactions and thus improve access to financial services. The adoption of the technology is based on factors such as the ability of players in the market to adopt and develop this complex technology, to offer the product at an affordable price, and to secure support from the government. Early use cases of blockchain were seen in financial institutions as value-added applications were developed on the existing blockchain functionalities. In recent times, venture capital firms have been investing in startups developing blockchain technologies.

Increasing Fintech spending and venture capital funding in the technology, growing demand for blockchain technology in retail and supply chain management, and a digital transformation in the manufacturing and BFSI sectors are some of the key factors driving the growth of the current blockchain market. However, network privacy and security concerns, as well as an unsettled regulatory environment, are hindering the market’s growth. Apart from these drivers and restraints, the increasing acceptance of blockchain solutions for payments and smart contracts; the advent of AI, and the sizeable use of blockchain solutions in banking, cybersecurity, and IoT; and the rising number of blockchain start-ups will create huge opportunities for vendors in this market.

In this report, the global market blockchain has been segmented based on organization size, component, provider, type, industry, and geography. Based on organization size, the blockchain market has been categorized into SMEs and large enterprises.

Based on components, the blockchain market has been segmented into platforms and services. Based on the provider, the blockchain market has been segmented into application providers, middleware providers, and infrastructure providers. Based on type, the blockchain market has been segmented into public, private, and hybrid. Based on industry, the blockchain market has been segmented into banking and financial services; government; retail and e-commerce; energy and utilities; healthcare and life science; IT and telecom; insurance; media, advertising, and entertainment; manufacturing; transportation and logistics; and others.

Companies Mentioned

Accenture Plc
Amazon.Com Inc.
ANT Financial Services Co., Ltd.
Axoni
Bankchain
Blockchain Insurance Industry Initiative (B3I)
Chain Inc.
Deloitte
Dentacoin B.V.
Enterprise Ethereum Alliance (Eea)
Factom Inc.
Financial Blockchain Shenzhen Consortium (Fisco)
Fundchain
Global Blockchain Business Council
Guardtime
Huawei Technologies Co., Ltd.
Hyperledger Consortium
IBM
Infosys Ltd.
Intel Corp.
Intellectsoft Llc
International Securities Association For Institutional Trade Communication (Isitc Europe)
Japan Exchange Group (Jpx)
Marco Polo Network
Microsoft Corp.
NTT Data
Oracle Corp.
R3
Ripple Labs Inc.
Sap Se
Solve.Care Foundation Ou
Tata Consultancy Services (Tcs) Ltd.
We.Trade