Blockchain Technology Market



The blockchain technology market size is estimated to grow from USD 210.2 Million in 2016 to USD 2,312.5 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 61.5% during the forecast period. In the report, 2015 is considered the base year, while the forecast period is 2016–2021.
The objective of the report is to define, describe, and forecast the blockchain technology market on the basis of providers, applications, deployment modes, organization sizes, verticals, and regions, and also to provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). The report strategically analyzes each subsegment with respect to individual growth trends, future prospects, and contribution to the total market.
The research methodology used to estimate and forecast the blockchain technology market begins with capturing data on key vendor’s revenues through secondary sources such as the industry associations and consortiums such as Wall Street Blockchain Alliance (WSBA), R3 CEV Blockchain Consortium, World Economic Forum, Hyperledger Foundation, and other sources such as company financials, journals, press releases, paid databases, and annual reports. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and subsegments.
Browse for the complete report @ https://www.marketintelreports.com/report/ict0018/blockchain-technology-market-by-provider-application-payments-exchanges-smart-contracts-documentation-digital-identity-clearing-and-settlement-organization-size-vertical-and-region--global-forecast-to-2021Network solution providers
Independent software vendors
Consulting firms
Payment gateway providers
Value-added resellers
Financial services firms
“The study answers several questions for the stakeholders; primarily, which market segments to focus in the next two to five years for prioritizing the efforts and investments.”
Scope of the Report
The research report categorizes the blockchain technology market to forecast the revenues and analyze the trends in each of the following subsegments:
Get the sample of the report @ https://www.marketintelreports.com/pdfdownload.php?id=ict0018By Provider
Application and solution provider
Middleware provider
Infrastructure and protocols provider
By Application
Payments
Exchanges
Smart contracts
Documentation
Digital identity
Clearing and settlement
Others
By Organization Size
Small and Medium Enterprises (SMEs)
Large enterprises
By Industry Vertical
BFSI
Government and public sector
Healthcare and life sciences
Retail and ecommerce
Automotive
Media and entertainment
Others
By Region
North America
Europe
MEA
APAC
Latin America
Available Customizations
Order for the complete report @ https://www.marketintelreports.com/purchase.php?id=ict0018

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