Blockchain Assessment Market Overview

The report is titled as ‘Blockchain Assessment Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the blockchain assessment market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Blockchain Assessment market is expected to grow with a significant rate in the near future.

The global blockchain assessment market in 2020 is estimated for more than US$ 3.6 Bn and expected to reach a value of US$ 95.6 Bn by 2028 with a significant CAGR of 51.4%.

Blockchain Assessment Market Definition

Blockchain is a distributed public ledger of all transaction that have been executed and shared among participating parties. In this blockchain, transactions in the public ledger are verified by concerts of a majority of participants and once information entered can never be erased. Blockchain minimizes cost and delays for financial transactions of third-party intermediaries.

Blockchain technology also eliminates error-prone processes, manual, and information discharge. Fundamental functions of certain industries are mostly suited to blockchain solutions. Financial services, government, and healthcare sectors are capturing focus. Core functions of financial services are verifying financial information and assets closely align with blockchain’s transformative impact.

Blockchain can play an important role by solving major current pain points, mainly related to trade finance and cross-border payments which will decrease the major intermediaries and are geographically agnostic.

 

Blockchain Assessment Market Dynamics

Increasing adoption of blockchain technology in retail and supply chain management is driving growth of the blockchain assessment market. For instance, according to National Centre of Biotechnology Information in 2017, the interest on blockchain technology has been drastically increased since 2013. The cumulative number of papers is increased from 2 in 2013 to 41 in 2015.

In addition, blockchain technology helps to create transparency and immutability which in turn demand for blockchain technology in banking, internet of things, and cyber security is propelling growth of the target market.

Furthermore, increasing demand for smart contracting from various end users and secure databases for the maintenance of records are another one of the main factors augmenting growth of the blockchain assessment market globally.

Moreover, growing funding and investment in blockchain technology is expected to promote growth of the blockchain assessment market over the forecast period. Increasing adoption of blockchain technology for payments, smart contracts, and digital identities is expected to fuel the growth of blockchain assessment market. However, complex process for use of blockchain is expected to hamper growth of the global blockchain assessment market.

Blockchain Assessment Market Segmentation

Blockchain Assessment Market is segmented on the basis of type, application, and by region.

By Type

Public

Private

Hybrid

By Application

Financial Services

Consumer or Industrial Products

Technology, Media, and Telecom

Healthcare

Transportation

Public Sector

By Region

North America

Europe

Asia Pacific

Latin America

Middle East

Africa

Blockchain Assessment Market Competitive Landscape

Some of the key participating players in blockchain assessment market are

•    International Business Machines Corporation

•    Amazon Web Services, Inc.

•    Microsoft Corporation

•    SAP SE

•    Intel Corporation

•    Oracle Corporation

•    Bitfury USA, Inc.

•    Cegeka NV

•    Earthport plc

•    GuardTime AS

Blockchain Assessment Market Regional Segmentation

On the basis of region, the blockchain assessment market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

MMC Overview on Blockchain Assessment Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.

A research report on the Blockchain Assessment market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Blockchain Assessment

•    Advantage of Blockchain Assessment

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market

1.    Global Blockchain Assessment Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Blockchain Assessment Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Blockchain Assessment Market Snapshot

2.4.    Global Blockchain Assessment Market Size and Forecast, 2019–2027

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2019–2027)

2.5.    Global Blockchain Assessment Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Blockchain Assessment Market, By Type

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Type

3.1.2.    BPS Analysis, By Type

3.2.    Market Revenue (US$Mn) Forecast, By Type

3.2.1.    Public

3.2.2.    Private

3.2.3.    Hybrid

3.3.    Global Blockchain Assessment Market Attractiveness Index, By Type

4.    Global Blockchain Assessment Market, By Application

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Application

4.1.2.    BPS Analysis, By Application

4.2.    Market Revenue (US$Mn) Forecast, By Application

4.2.1.    Financial Services

4.2.2.    Consumer or Industrial Products

4.2.3.    Technology, Media, and Telecom

4.2.4.    Healthcare

4.2.5.    Transportation

4.2.6.    Public Sector

5.    Global Blockchain Assessment Market, By Region

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Region

5.1.2.    BPS Analysis, By Region

5.2.    Market Revenue (US$Mn) Forecast, By Region

5.2.1.    North America

5.2.2.    Latin America

5.2.3.    Europe

5.2.4.    Asia Pacific

5.2.5.    Middle East

5.2.6.    Africa

5.3.    Global Blockchain Assessment Market Attractiveness Index, By Region

6.    North America Blockchain Assessment Market Analysis and Forecast, 2019–2027

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Country

6.1.2.    BPS Analysis, By Country

6.2.    Market Revenue (US$Mn) Forecast, By Country

6.2.1.    U.S. Blockchain Assessment Market

6.2.2.    Canada Blockchain Assessment Market

6.3.    North America Blockchain Assessment Market, By Type

6.3.1.    Public

6.3.2.    Private

6.3.3.    Hybrid

6.4.    North America Blockchain Assessment Market, By Application

6.4.1.    Financial Services

6.4.2.    Consumer or Industrial Products

6.4.3.    Technology, Media, and Telecom

6.4.4.    Healthcare

6.4.5.    Transportation

6.4.6.    Public Sector

6.5.    North America Blockchain Assessment Market Attractiveness Index

6.5.1.    By Country

6.5.2.    By Application

6.5.3.    By Type

7.    Latin America Blockchain Assessment Market Analysis and Forecast, 2019–2027

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market (US$Mn) Forecast, By Country

7.2.1.    Brazil Blockchain Assessment Market

7.2.2.    Mexico Blockchain Assessment Market

7.2.3.    Argentina Blockchain Assessment Market

7.2.4.    Rest of Latin America Blockchain Assessment Market

7.3.    Latin America Blockchain Assessment Market, By Type

7.3.1.    Public

7.3.2.    Private

7.3.3.    Hybrid

7.4.    Latin America Blockchain Assessment Market, By Application

7.4.1.    Financial Services

7.4.2.    Consumer or Industrial Products

7.4.3.    Technology, Media, and Telecom

7.4.4.    Healthcare

7.4.5.    Transportation

7.4.6.    Public Sector

7.5.    Latin America Blockchain Assessment Market Attractiveness Index

7.5.1.    By Country

7.5.2.    By Application

7.5.3.    By Type

8.    Europe Blockchain Assessment Market Analysis and Forecast, 2019–2027

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) Forecast, By Country

8.2.1.    U.K. Blockchain Assessment Market

8.2.2.    Germany Blockchain Assessment Market

8.2.3.    Italy Blockchain Assessment Market

8.2.4.    France Blockchain Assessment Market

8.2.5.    Spain Blockchain Assessment Market

8.2.6.    Russia Blockchain Assessment Market

8.2.7.    Poland Blockchain Assessment Market

8.2.8.    BENELUX Blockchain Assessment Market

8.2.9.    NORDIC Blockchain Assessment Market

8.2.10.    Rest of Europe Blockchain Assessment Market

8.3.    Europe Blockchain Assessment Market, By Type

8.3.1.    Public

8.3.2.    Private

8.3.3.    Hybrid

8.4.    Europe Blockchain Assessment Market, By Application

8.4.1.    Financial Services

8.4.2.    Consumer or Industrial Products

8.4.3.    Technology, Media, and Telecom

8.4.4.    Healthcare

8.4.5.    Transportation

8.4.6.    Public Sector

8.5.    Europe Blockchain Assessment Market Attractiveness Index

8.5.1.    By Country

8.5.2.    By Application

8.5.3.    By Type

9.    Asia Pacific Blockchain Assessment Market Analysis and Forecast, 2019–2027

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    China Blockchain Assessment Market

9.2.2.    India Blockchain Assessment Market

9.2.3.    Japan Blockchain Assessment Market

9.2.4.    Australia and New Zealand Blockchain Assessment Market

9.2.5.    South Korea Blockchain Assessment Market

9.2.6.    ASEAN Blockchain Assessment Market

9.2.7.    Rest of Asia Pacific Blockchain Assessment Market

9.3.    Asia Pacific Blockchain Assessment Market, By Type

9.3.1.    Public

9.3.2.    Private

9.3.3.    Hybrid

9.4.    Asia Pacific Blockchain Assessment Market, By Application

9.4.1.    Financial Services

9.4.2.    Consumer or Industrial Products

9.4.3.    Technology, Media, and Telecom

9.4.4.    Healthcare

9.4.5.    Transportation

9.4.6.    Public Sector

9.5.    Asia Pacific Blockchain Assessment Market Attractiveness Index

9.5.1.    By Country

9.5.2.    By Type

10.    Middle East Blockchain Assessment Market, By Region

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    GCC Countries Blockchain Assessment Market

10.2.2.    Israel Blockchain Assessment Market

10.2.3.    Oman Blockchain Assessment Market

10.2.4.    Rest of Middle East Blockchain Assessment Market

10.3.    Middle East Blockchain Assessment Market, By Type

10.3.1.    Public

10.3.2.    Private

10.3.3.    Hybrid

10.4.    Middle East Blockchain Assessment Market, By Application

10.4.1.    Financial Services

10.4.2.    Consumer or Industrial Products

10.4.3.    Technology, Media, and Telecom

10.4.4.    Healthcare

10.4.5.    Transportation

10.4.6.    Public Sector

10.5.    Middle East Blockchain Assessment Market Attractiveness Index

10.5.1.    By Country

10.5.2.    By Application

10.5.3.    By Type

11.    Africa Blockchain Assessment Market, By Region

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    South Africa Blockchain Assessment Market

11.2.2.    Egypt Blockchain Assessment Market

11.2.3.    North Africa Blockchain Assessment Market

11.2.4.    Rest of Africa Blockchain Assessment Market

11.3.    Africa Blockchain Assessment Market, By Type

11.3.1.    Public

11.3.2.    Private

11.3.3.    Hybrid

11.4.    Africa Blockchain Assessment Market, By Application

11.4.1.    Financial Services

11.4.2.    Consumer or Industrial Products

11.4.3.    Technology, Media, and Telecom

11.4.4.    Healthcare

11.4.5.    Transportation

11.4.6.    Public Sector

11.5.    Africa Blockchain Assessment Market Attractiveness Index

11.5.1.    By Country

11.5.2.    By Application

11.5.3.    By Type

12.    Recommendation

12.1.    Market Strategy

13.    Competitive Landscape

13.1.    Competition Dashboard

13.2.    List and Company Overview of Global Key Players

13.3.    Company Profiles

13.3.1.    International Business Machines Corporation

13.3.1.1.    Company Overview

13.3.1.2.    Financial Overview

13.3.1.3.    Product Portfolio

13.3.1.4.    Key Developments

13.3.1.5.    Business Strategies

13.3.2.    Amazon Web Services, Inc.

13.3.3.    Microsoft Corporation

13.3.4.    SAP SE

13.3.5.    Intel Corporation

13.3.6.    Oracle Corporation

13.3.7.    Bitfury USA, Inc.

13.3.8.    Cegeka NV

13.3.9.    Earthport plc

13.3.10.    GuardTime AS

14.    Acronyms