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Market Research Report

Blockchain Technology Market Analysis By Type (Public, Private, and Hybrid), By Application (Financial Services, Consumer/Industrial Products, Technology, Media & Telecom, Healthcare, and Others), By Region, And Segment Forecast, 2015 - 2024

Published by Grand View Research, Inc. Product code 421190
Published Content info 80 Pages
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Blockchain Technology Market Analysis By Type (Public, Private, and Hybrid), By Application (Financial Services, Consumer/Industrial Products, Technology, Media & Telecom, Healthcare, and Others), By Region, And Segment Forecast, 2015 - 2024
Published: December 14, 2016 Content info: 80 Pages
Description

The global blockchain technology market is expected to reach USD 7.74 billion by 2024, according to a new report by Grand View Research, Inc. Blockchain is the underlying technology that originated in the form of a public ledger to keep a track of all cryptocurrency transactions. The technology works as an electronic transaction-processing and record-keeping system. This allows various participants that are connected to the network, usually public, to track information through a secure network, thereby eliminating the need for any kind of third-party verification.

The increasing adoption of the technology in the financial services sector and expected adoption across the public sector and healthcare segments are few of the major factors that are expected to fuel the demand for the said market.

The market is expected to grow rapidly owing to numerous benefits that it provides, such as eradication of the requirement of a financial institution to validate transactions, reduce duplicative record keeping, eliminate reconciliation, minimize error rates, and facilitate faster settlement. With the use of the said technology, the databases could become universal in nature, thereby allowing multiple institutions to use it at the same time to bring various different systems closer togetherand help increase the efficiency.

The increasing demand for this technology across financial services, consumer or industrial products, technology, media & telecom, healthcare, transportation, and public sector is largely responsible for driving the market toward growth.

The major drivers include the growing interest of the BFSI sector and increasing merchants accepting crypto currencies among others. The probable opportunity of this technology further includes the instant settlement of various financial transactions and achieving optimized settlement options for the netting and clearing process.

Further key findings from the report suggest:

Recently, investments have been made in the technology by various financial institutions in association with key technology players to further improve the efficiency of the underlying financial processes and help minimize the risk.

The technology will be able to support IoT applications, book keeping in the healthcare sector, instantaneous payments in the transportation segment, and maintenance of records for land ownership by the governments in the public sector.

Some of the prominent vendors in the market include Chain Inc., Circle Internet Financial Limited, Digital Asset Holdings, Eric Industries, IBM Corporation, Linux Foundation, Post-Trade Distributed Ledger, R3, Ripple, and Safello.

Table of Contents
Product Code: GVR-1-68038-329-4

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Scope & Assumptions
  • 1.3. List of Data Sources

Chapter 2. Executive Summary

Chapter 3. Blockchain Technology Market Variables, Trends, & Scope

  • 3.1. Market Segmentation & Scope
  • 3.2. Blockchain Value Chain Analysis
  • 3.3. Blockchain Market Dynamics
    • 3.3.1. Market driver analysis
    • 3.3.2. Market restraint analysis
  • 3.4. Penetration & Growth Prospect Mapping
  • 3.5. Industry Analysis - Porter's
  • 3.6. Blockchain Market Rank Analysis
  • 3.7. Blockchain Market PESTEL Analysis
  • 3.8. Blockchain Market: Opportunity Analysis

Chapter 4. Blockchain Technology Market: Type Estimates & Trend Analysis

  • 4.1. Type Segment Analysis & Market Share, 2015 & 2024
  • 4.2. Market Size & Forecasts and Trend Analysis, 2015 to 2024
    • 4.2.1. Public
      • 4.2.1.1. Market estimates and forecasts, 2015 - 2024
    • 4.2.2. Private
      • 4.2.2.1. Market estimates and forecasts, 2015 - 2024
    • 4.2.3. Hybrid
      • 4.2.3.1. Market estimates and forecasts, 2015 - 2024

Chapter 5. Blockchain Technology Market: Application Estimates & Trend Analysis

  • 5.1. Application Analysis & Market Share, 2015 & 2024
  • 5.2. Market Size & Forecasts and Trend Analysis, 2015 to 2024
    • 5.2.1. Financial services
      • 5.2.1.1. Market estimates and forecasts, 2015 - 2024
    • 5.2.2. Consumer or industrial products
      • 5.2.2.1. Market estimates and forecasts, 2015 - 2024
    • 5.2.3. Technology, media, and telecom
      • 5.2.3.1. Market estimates and forecasts, 2015 - 2024
    • 5.2.4. Healthcare
      • 5.2.4.1. Market estimates and forecasts, 2015 - 2024
    • 5.2.5. Transportation
      • 5.2.5.1. Market estimates and forecasts, 2015 - 2024
    • 5.2.6. Public sector
      • 5.2.6.1. Market estimates and forecasts, 2015 - 2024

Chapter 6. Blockchain Technology Market: Regional Estimates & Trend Analysis

  • 6.1. Regional Movement Analysis & Market Share, 2015 & 2024
  • 6.2. Market Size & Forecasts and Trend Analysis, 2015 to 2024 for the following region:
    • 6.2.1. North America
      • 6.2.1.1. Market estimates and forecasts, 2015 - 2024
      • 6.2.1.2. U.S.
      • 6.2.1.2.1. Market estimates and forecasts, 2015 - 2024
      • 6.2.1.3. Canada
      • 6.2.1.3.1. Market estimates and forecasts, 2015 - 2024
      • 6.2.1.4. Mexico
      • 6.2.1.4.1. Market estimates and forecasts, 2015 - 2024
    • 6.2.2. Europe
      • 6.2.2.1. Market estimates and forecasts, 2015 - 2024
      • 6.2.2.2. UK
      • 6.2.2.2.1. Market estimates and forecasts, 2015 - 2024
      • 6.2.2.3. Germany
      • 6.2.2.3.1. Market estimates and forecasts, 2015 - 2024
      • 6.2.2.4. France
      • 6.2.2.4.1. Market estimates and forecasts, 2015 - 2024
    • 6.2.3. APAC
      • 6.2.3.1. Market estimates and forecasts, 2015 - 2024
      • 6.2.3.2. China
      • 6.2.3.2.1. Market estimates and forecasts, 2015 - 2024
      • 6.2.3.3. India
      • 6.2.3.3.1. Market estimates and forecasts, 2015 - 2024
      • 6.2.3.4. Australia
      • 6.2.3.4.1. Market estimates and forecasts, 2015 - 2024
    • 6.2.4. Rest of the world
      • 6.2.4.1. Market estimates and forecasts, 2015 - 2024

Chapter 7. Competitive Landscape

  • 7.1. Strategy Framework
  • 7.2. Company Profiles
    • 7.2.1. BTL Group
    • 7.2.2. Chain, Inc.
    • 7.2.3. Circle Internet Financial Limited
    • 7.2.4. Deloitte
    • 7.2.5. Digital Asset Holdings
    • 7.2.6. Eric Industries
    • 7.2.7. Global Arena Holding, Inc. (GAHI)
    • 7.2.8. IBM Corp.
    • 7.2.9. Linux Foundation
    • 7.2.10. Microsoft Corp.
    • 7.2.11. Post-Trade Distributed Ledger
    • 7.2.12. R3
    • 7.2.13. Ripple
    • 7.2.14. Safello

List of Tables

  • TABLE 1 Blockchain - Industry snapshot and key buying criteria, 2015 - 2024
  • TABLE 2 Global blockchain market , 2015 - 2024 (USD Million)
  • TABLE 3 Global blockchain market by region , 2015 - 2024 (USD Million)
  • TABLE 4 Global blockchain market by network type, 2015 - 2024 (USD Million)
  • TABLE 5 Global blockchain market by application, 2015 - 2024 (USD Million)
  • TABLE 6 Blockchain market - Key market driver impact
  • TABLE 7 Blockchain market - Key market restraint impact
  • TABLE 8 Blockchain system: Market ranking analysis, 2016
  • TABLE 9 North America blockchain market , 2015 - 2024 (USD Million)
  • TABLE 10 Europe blockchain market, 2015 - 2024 (USD Million)
  • TABLE 11 APAC blockchain market, 2015 - 2024 (USD Million)
  • TABLE 12 RoW blockchain market, 2015 - 2024 (USD Million)

List of Figures

  • FIG. 1 Market trends and outlook
  • FIG. 2 Value chain relevance analysis
  • FIG. 3 Market adoption timelines
  • FIG. 4 Global FinTech investment scenario
  • FIG. 5 Market driver relevance analysis (current & future impact)
  • FIG. 6 Market capitalization of Internet-based currencies, 2015
  • FIG. 7 Market restraint relevance analysis (current & future impact)
  • FIG. 8 Market opportunity relevance analysis (current & future impact)
  • FIG. 9 Porter's five forces analysis
  • FIG. 10 Opportunity analysis
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