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%.
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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 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.
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 is segmented on the basis of type, application, and by region.
Public
Private
Hybrid
Financial Services
Consumer or Industrial Products
Technology, Media, and Telecom
Healthcare
Transportation
Public Sector
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
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
On the basis of region, the blockchain assessment market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
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.
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
