The global blockchain distributed ledger market size is expected to reach USD 228.31 Billion in 2018 and register a steady revenue CAGR of 62.5% over the forecast period, according to latest analysis by Emergen Research. Improved data transparency and accountability in blockchain distributed ledger technology is a key factor driving global blockchain distributed ledger market revenue growth. Blockchain distributed ledger technology provides better data security to its client enterprises. In general, enterprises are required to stock and share private data between different shareholders involved in a project. Blockchain distributed ledgers help them to store and manage that private information with high level of security. Restricting identity theft, ending denial of service attacks, and avoiding data tampering are three aspects in which blockchain distributed ledgers ensure data security to enterprises. In addition, lower risk of backdoor transactions and reduced unauthorized intervention are some of key benefits of using this technology. It effectively helps to improve payment clearing processes and for this reason, banks and other financial institutions are widely using blockchain distributed ledgers.
The report is formulated with the updated and latest information of the global Blockchain Distributed Ledger market further validated and verified by the industry experts and professionals. The Global Blockchain Distributed Ledger Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Blockchain Distributed Ledger market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market. The Global Blockchain Distributed Ledger Marketplace Report offers wide-ranging information and facts about the Blockchain Distributed Ledger market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends.
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Some Key Highlights from the Report
- In 2021, global digital currency platform, Intercoin, partnered with India Blockchain Alliance. This collaboration is geared to accelerate exposure of blockchain distributed ledger by implementing cryptocurrencies and NFTs for businesses, organizations, and universities.
- Solution segment accounted for significantly large revenue share in 2020. Solution permits digital ledger network and application developers to customize distributed ledger networks. In addition, high demand for solutions such as Ethereum, Hyper Ledger Fabric in cross industries and R3 Corda, and Ripple in financial services is driving revenue growth of this segment.
- Private segment accounted for largest revenue share in 2020 owing to ability to limit participation in transactions and therefore, lower risk. It is relatively inexpensive to change regulations and transaction processes by using blockchain distributed ledger technology.
- In 2020, payment segment accounted for significantly robust revenue share owing to benefits such as improved transparency and efficiency in payment operations. Use of blockchain distributed ledger technology enables one to transfer payments from one country to another country, within a short time period. In addition, along with high degree of transparency, blockchain distributed ledgers ensure payment authenticity, and this feature is expected to support deployment, and boost revenue growth of this segment.
Leading Companies of the Blockchain Distributed Ledger Industry and Profiled in the Report are:
Intel Corporation, NTT DATA Corporation, Amazon Web Services, Inc., Global Arena Holding, Inc., International Business Machine (IBM) Corporations, Digital Asset Holdings, LLC, Accenture PLC, Huawei Technologies Co., Ltd., AlphaPoint, and iXledger.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Blockchain Distributed Ledger market expected to boost the growth of the industry in the coming years.
Emergen Research has segmented the global blockchain distributed ledger market on the basis of component, type, enterprise size, application, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Type Outlook (Revenue, USD Billion; 2018–2028)
Enterprise Size Outlook (Revenue, USD Billion; 2018–2028)
- Large Enterprise
- Small & Medium Enterprise
Application Outlook (Revenue, USD Billion; 2018–2028)
- Smart Contracts
- Supply Chain Management
- Compliance Management
- Trade Finance
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Government & Public
- Retail & E-Commerce
- Media & Entertainment
- Transportation & Logistics
- Energy & Utilities
The report sheds light on the region expected to dominate the Blockchain Distributed Ledger market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Blockchain Distributed Ledger market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
Key Questions Answered in the Report:
What is the growth rate of the Blockchain Distributed Ledger market? What is the anticipated market valuation of Blockchain Distributed Ledger industry by 2028?
What are the key growth driving and restraining factors of the Blockchain Distributed Ledger market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Blockchain Distributed Ledger industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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