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Blockchain Market 2021-2027

  • ID: 5406825
  • Report
  • July 2021
  • Region: Global
  • Orion Market Research Private Limited

FEATURED COMPANIES

  • Amazon Web Services, Inc.
  • Btl Group, Ltd.
  • Civic Technologies, Inc.
  • Evernym, Inc.
  • IBM Corp.
  • Microsoft Corp.

Global Blockchain Market Size, Share & Trends Analysis Report by Provider (Infrastructure Providers, Middleware Providers, Application Providers), By Application (Financial Services, Transportation and Logistics, Security and Legal Work Application, Healthcare, Technical Applications), By Type (Private, Public, Hybrid) Forecast, (2021-2027).


The global blockchain market is anticipated to grow at a considerable CAGR of around 56.1% during the forecast period. Blockchain technology has received a huge interest ever since its beginning in the cryptocurrency Bitcoin. Indeed, on global scale corporations, and governments are looking for applications of this technology cryptocurrencies, in particular bitcoin, are the most successful scenario where blockchain technology has been adopted, but many other applications of blockchain have been projected, such as identity management, smart energy grids, and supply chain management. The key factors that impel the growth of the market include the rising demand for digital payment systems across the globe. Blockchain technology has an advanced, transparent, and safe mode for business services with the advantage of its encrypted transactions. 


Additionally, digital currencies are stimulated from both the demand side and supply side as well. Some of the digital currencies are being developed by the software companies offering these services such as Ethereum, Litecoin, Dash, among others. Additionally, Private banks are creating opportunities in the form of digital currencies to provide services to their clients that further driving the growth of the market. Moreover, increasing cases of hacking that contain unauthorized access to records, theft, an unofficial revelation of personal information, and others in the financial sector are hampering the market growth. For instance, as per the report of Verizon's 2020 Data Breach Investigations, around 63.0% of cyber-attacks supported out against fiscal institutions are done by external threat actors inspired by financial gain. 


The global blockchain market has a positive impact from the COVID-19 pandemic since December 2019. The COVID-19 pandemic. The blockchain industry is anticipated to gain traction through this pandemic. The COVID-19 pandemic has been the opportunity for early applications of Blockchain-based systems. Blockchain technology plays a significant role in increasing a platform for managing the COVID-19 pandemic. Many hospitals are using blockchain technology for tracking the COVID-19 vaccine. 


The global Blockchain market is segmented based on provider, application, and type. Based on the provider, the global blockchain market is segmented into infrastructure providers, middleware providers, and application providers. Based on the application, the global blockchain market is segmented into financial services, transportation and logistics, security and legal work application, healthcare, and technical applications. Based on the type, the global blockchain market is segmented into private, public, and hybrid.


The global blockchain market is evaluated based on the geographical regions that are contributing considerably towards the blockchain market. Based on geography North America held a significant share in 2020 in the Blockchain market. The major factors that boost the market in the region include the presence of key IT companies and their broad Blockchain service offering in the region. These major players include Amazon Web Services, Microsoft, IBM Corp., Oracle Corp., among others. Additionally, a Well-developed IT infrastructure is the reinforcement of the growth of the market in the region. Additionally, the major implementation of blockchain technology in numerous sectors such as automotive, BFSI, among others further boosts the market share in North America.


Research Methodology

The market study of the global blockchain market is incorporated by extensive primary and secondary research.  Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.


Secondary Sources Include

  • Financial reports of companies involved in the market.
  • Whitepapers, research papers, and news blogs.
  • Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.


Market Segmentation


  1. Global Blockchain Market Research and Analysis by Provider
  2. Global Blockchain Market Research and Analysis by Application
  3. Global Blockchain Market Research and Analysis by Type

The Report Covers

  • Comprehensive Research Methodology of the Global Blockchain market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the Global Blockchain market.
  • Insights about market determinants that are stimulating the Global Blockchain market.
  • Detailed and extensive market segments with the regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amazon Web Services, Inc.
  • Btl Group, Ltd.
  • Civic Technologies, Inc.
  • Evernym, Inc.
  • IBM Corp.
  • Microsoft Corp.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Regulations

3. Competitive Landscape
Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on key players

4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation
5.1. Global Blockchain Market,by Provider
5.1.1. Infrastructure Providers
5.1.2. Middleware Providers
5.1.3. Application Providers
5.2. Global Blockchain Market, by Application
5.2.1. Financial Services
5.2.2. Transportation And Logistics
5.2.3. Security And Legal Work Application
5.2.4. Healthcare
5.2.5. Technical Applications
5.3. Global Blockchain Market, by Type
5.3.1. Private
5.3.2. Public
5.3.3. Hybrid

6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World

7. Company Profiles
7.1. Amazon Web Services, Inc.
7.2. Bitfury Group, Ltd.
7.3. Btl Group, Ltd.
7.4. Cambridge Blockchain LLC
7.5. Civic Technologies, Inc.
7.6. Consensys Ag
7.7. Edgesecure (Airbitz, Inc.)
7.8. Evernym, Inc.
7.9. Factom, Inc.
7.10. IBM Corp.
7.11. Kyc-Chain, Ltd.
7.12. Microsoft Corp.
7.13. NEC Corp.
7.14. Netki, Inc.
7.15. Neuroware
7.16. Oracle Corp.
7.17. Peer Ledger, Inc.


List of Tables
1 Global Blockchain Market Research and Analysis, by Provider 2020-2027 ($ Million)
2 Global Blockchain by Infrastructure Providers Market Research and Analysis, by Region2020-2027 ($ Million)
3 Global Blockchain by Middleware Providers Market Research and Analysis, by Region2020-2027 ($ Million)
4 Global Blockchain by Application Providersmarket Research and Analysis, by Region2020-2027 ($ Million)
5 Global Blockchain Market Research and Analysis, by Application 2020-2027 ($ Million)
6 Global Blockchain in Financial Services Market Research and Analysis, by Region2020-2027 ($ Million)
7 Global Blockchain in Transportation and Logistics Market Research and Analysis, by Region2020-2027 ($ Million)
8 Global Blockchain Insecurity and Legal Work Application Market Research and Analysis, Region2020-2027 ($ Million)
9 Global Blockchain in Healthcare Market Research and Analysis, by Region2020-2027 ($ Million)
10 Global Blockchain in Technical Applications Market Research and Analysis, by Region2020-2027 ($ Million)
11 Global Blockchain Market Research and Analysis, by Type 2020-2027 ($ Million)
12 Global Private Blockchainmarket Research and Analysis, by Region2020-2027 ($ Million)
13 Global Public Blockchainmarket Research and Analysis, by Region2020-2027, by Region ($ Million)
14 Global Hybrid Blockchainmarket Research and Analysis, by Region2020-2027 ($ Million)
15 Global Blockchainmarket Research and Analysis, by Geography2020-2027 ($ Million)
16 North America Blockchain Market Research and Analysis by Country, 2020-2027 ($Million)
17 North America Blockchain Market Research and Analysis by Provider Type, 2020-2027 ($Million)
18 North America Blockchain Market Research and Analysis by Application Type, 2020-2027 ($Million)
19 North America Blockchain Market Research and Analysis by Type, 2020-2027 ($Million)
20 Europe Blockchain Market Research and Analysis by Geography, 2020-2027 ($Million)
21 Europe Blockchain Market Research and Analysis by Provider Type, 2020-2027 ($Million)
22 Europe Blockchain Market Research and Analysis by Application Type, 2020-2027 ($Million)
23 Europe Blockchain Market Research and Analysis by Type, 2020-2027 ($Million)
24 Asia-Pacificblockchain Market Research and Analysis by Country, 2020-2027 ($Million)
25 Asia-Pacificblockchain Market Research and Analysis by Provider Type, 2020-2027 ($Million)
26 Asia-Pacificblockchain Market Research and Analysis by Application Type, 2020-2027 ($Million)
27 Asia-Pacificblockchain Market Research and Analysis by Type, 2020-2027 ($Million)
28 Rest of the Worldblockchain Market Research and Analysis by Provider Type, 2020-2027 ($Million)
29 Rest of the Worldblockchain Market Research and Analysis by Application Type, 2020-2027 ($Million)
30 Rest of the Worldblockchain Market Research and Analysis by Type, 2020-2027 ($Million)


List of Figures
1. Impact of COVID-19 on Global Blockchain Market, 2020-2027 ($ Million)
2. Impact of COVID-19 on Global Blockchain Market by Segment, 2020-2027 ($ Million)
3. Recovery of Global Blockchain Market, 2021-2027 (%)
4. Global Blockchain Market Share by Provider, 2020 Vs 2027 (%)
5. Global Blockchain Market Share by Application, 2020 Vs 2027 (%)
6. Global Blockchain Market Share by Type, 2020 Vs 2027 (%)
7. Global Blockchain by Infrastructure Providers Market Research and Analysis by Region, 2020 Vs 2027 (%)
8. Global Blockchain by Middleware Providers Market Research and Analysis by Region, 2020 Vs 2027 (%)
9. Global Blockchain by Application Providers Market Research and Analysis by Region, 2020 Vs 2027 (%)
10. Global Blockchain in Financial Services Market Research and Analysis by Region, 2020 Vs 2027 (%)
11. Global Blockchain in Transportation and Logistics Market Research and Analysis by Region, 2020 Vs 2027 (%)
12. Global Blockchain in Security and Legal Work Application Market Research and Analysis by Region, 2020 Vs 2027 (%)
13. Global Blockchain in Healthcare Market Research and Analysis by Region, 2020 Vs 2027 (%)
14. Global Blockchain in Technical Applications Market Research and Analysis by Region, 2020 Vs 2027 (%)
15. Global Private Blockchain Market Research and Analysis by Region, 2020 Vs 2027 (%)
16. Global Publicblockchain Market Research and Analysis by Region, 2020 Vs 2027 (%)
17. Global Hybridblockchain Market Research and Analysis by Region, 2020 Vs 2027 (%)
18. Us Blockchain Market Size, 2020-2027 ($ Million)
19. Canada Blockchain Market Size, 2020-2027 ($ Million)
20. UK Blockchain Market Size, 2020-2027 ($ Million)
21. France Blockchain Market Size, 2020-2027 ($ Million)
22. Germany Blockchain Market Size, 2020-2027 ($ Million)
23. Italy Blockchain Market Size, 2020-2027 ($ Million)
24. Spain Blockchain Market Size, 2020-2027 ($ Million)
25. Rest of Europe Blockchain Market Size, 2020-2027 ($ Million)
26. India Blockchain Market Size, 2020-2027 ($ Million)
27. China Blockchain Market Size, 2020-2027 ($ Million)
28. Japan Blockchain Market Size, 2020-2027 ($ Million)
29. Rest of Asia-Pacific Blockchain Market Size, 2020-2027 ($ Million)
30. Rest of World Blockchain Market Size, 2020-2027 ($ Million)
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Amazon Web Services, Inc.
  • Bitfury Group, Ltd.
  • Btl Group, Ltd.
  • Cambridge Blockchain LLC
  • Civic Technologies, Inc.
  • Consensys Ag
  • Edgesecure (Airbitz, Inc.)
  • Evernym, Inc.
  • Factom, Inc.
  • IBM Corp.
  • Kyc-Chain, Ltd.
  • Microsoft Corp.
  • NEC Corp.
  • Netki, Inc.
  • Neuroware
  • Oracle Corp.
  • Peer Ledger, Inc.
Note: Product cover images may vary from those shown