Blockchain Technologies Global Market Report 2023

Description

“Blockchain Technologies Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on blockchain technologies market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for blockchain technologies ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The blockchain technologies market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Public; Private; Hybrid

2) By Provider: Application Providers; Middleware Providers; Infrastructure Providers

3) By End User: Financial Services; Consumer or Industrial Electronics; Technology; Media And Telecom; Healthcare; Transportation; Public Sector; Other End-Users

4) By Application: Payments; Exchanges; Smart Contracts; Documentation; Digital Identity; Supply Chain Management; Governance; Risk And Compliance Management; Other Applications (Digital Voting And Content Storage Management)

Companies Mentioned: IBM; AWS ; Microsoft Corporations; Ripple; Circle Internet Financial Limited

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the blockchain technologies market are: IBM, AWS, Microsoft Corporations, Ripple, Circle Internet Financial Limited, R3, Patron, Steem, Chain, Celsius Network, Menlo One, TraDove, Deloitte, Coinbase Inc., BitFury Usa Inc., Cegeka, Infosys, Huawei, BlockCypher, Symbiont, BigchainDB, Applied Blockchain, RecordsKeeper, Blockpoint, Auxesis Group, BTL Group, Blockchain Foundry, AlphaPoint and Factom.

The global blockchain technologies market is expected to grow from $5.49 billion in 2021 to $8.61 billion in 2022 at a compound annual growth rate (CAGR) of 56.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The blockchain technologies market is expected to reach $48.39 billion in 2026 at a CAGR of 54.0%.

The blockchain market includes revenues earned by entities by offering blockchain technologies. Blockchain is a technology that involves implementing a distributed database accessible to all users over a network. Each user can add a new data record (block), with a timestamp that cannot be altered. Each new block forms a part of the universally acceptable depository. The blockchain technology maintains the authentication of data by restricting changes in the older data blocks while allowing the users to continue adding new data blocks thus, making the manipulation of data such as faking documents or transactions and other information, impossible. The blockchain technology is used to create digital contracts and in domains such as financial, healthcare and insurance. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.

Blockchain is an immutable shared ledger that records online transactions, tracks assets, and builds trust in a business network.

The Asia Pacific was the largest region in the blockchain technologies market in 2022. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blockchain technologies report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The main types of blockchain technologies are public, private and hybrid. A public blockchain is open to the public and can be joined by anyone without special permission. Blockchain technologies are provided by application providers, middleware providers and infrastructure providers and used in financial services, consumer or industrial electronics, technology, media and telecom, healthcare, transportation and public sector. Blockchain technologies is applied in payments, exchanges, smart contracts, documentation, digital identity, supply chain management, governance, risk, and compliance management.

Companies across various industries are increasingly investing in blockchain technology due to its high efficiency in data management. The blockchain technology is growing strongly in major sectors such as healthcare, banking and finance, digital assets, and also in several government departments. Thus, companies like VISA, Facebook, Microsoft and Amazon are investing in the technology to integrate blockchain with their daily operations at an early stage. Companies use blockchain technology to create smart contracts, this helps to speed up the payment processes as well as provides support while investing in the stock exchange. In 2021, Associated press announced to make their sports, race call and economic datasets available to leading blockchains through Chain-link. The implementation will enable smart contracts on any blockchain to securely interact with AP's real-world data.

The growth of the blockchain technology market is being restrained due to the security vulnerabilities that companies in this market are facing due to weak systems and human errors. The platforms used to interact with the blockchain technology lacks the necessary security. For example, in 2021, The Cloud Security Alliance (CSA) released the top ten blockchain attacks and vulnerabilities such as exchange hacks, decentralized finance hacks, phishing, rug pull or exit scams and others. Such hacks have caused more than $2.8 billion in losses for day-to-day cryptocurrency users.

Blockchain is increasingly being implemented in many back-office processes at industries from traditional banking and insurance, extending its application to even food production and pharmaceutical industries. For instance, in 2020, Farmer Connect and IBM announced the introduction of a new consumer mobile application called "Thank My Farmer". The new application is a traceability platform powered by IBM Blockchain to help increase traceability, efficiency and fairness in the coffee supply chain.

In 2021, Midpoint Holdings Ltd announced the acquisition of blockchain technology company, Blockchain World Ltd for an undisclosed amount. From the transaction, Midpoint aims to augment the consumer-facing platform within the digital assets space.

The countries covered in the blockchain technologies market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.

The blockchain technologies market research report is one of a series of new reports from The Business Research Company that provides blockchain technologies market statistics, including blockchain technologies industry global market size, regional shares, competitors with a blockchain technologies market share, detailed blockchain technologies market segments, market trends and opportunities, and any further data you may need to thrive in the blockchain technologies industry. This blockchain technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r2367

1. Executive Summary

2. Blockchain Technologies Market Characteristics

3. Blockchain Technologies Market - Macro Economic Scenario

3.1 COVID-19 Impact On Blockchain Technologies Market

3.2 Ukraine-Russia War Impact On Blockchain Technologies Market

3.3 Impact Of High Inflation On Blockchain Technologies Market

4. Blockchain Technologies Market Size And Growth

4.1. Global Blockchain Technologies Historic Market, 2017 - 2022, $ Billion
- 4.1.1. Drivers Of The Market
- 4.1.2. Restraints On The Market
4.2. Global Blockchain Technologies Forecast Market, 2022-2027F, 2032F, $ Billion
- 4.2.1. Drivers Of The Market
- 4.2.2. Restraints On the Market

5. Blockchain Technologies Market Segmentation

5.1. Global Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
Public
Private
Hybrid
5.2. Global Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
Application Providers
Middleware Providers
Infrastructure Providers
5.3. Global Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
Financial Services
Consumer or Industrial Electronics
Technology, Media, and Telecom
Healthcare
Transportation
Public Sector
Other End-Users
5.5. Global Blockchain Technologies Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
Payments
Exchanges
Smart Contracts
Documentation
Digital Identity
Supply Chain Management
Governance, Risk, and Compliance Management
Other Applications (Digital Voting and Content Storage Management)

6. Blockchain Technologies Market Regional And Country Analysis

6.1. Global Blockchain Technologies Market, Split By Region, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
6.2. Global Blockchain Technologies Market, Split By Country, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

7. Asia-Pacific Blockchain Technologies Market

7.1. Asia-Pacific Blockchain Technologies Market Overview
7.2. Asia-Pacific Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
7.3. Asia-Pacific Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
7.5. Asia-Pacific Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

8. China Blockchain Technologies Market

8.1. China Blockchain Technologies Market Overview
8.2. China Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F,$ Billion
8.3. China Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F,$ Billion
8.4. China Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F,$ Billion

9. India Blockchain Technologies Market

9.1. India Blockchain Technologies Market Overview
9.2. India Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
9.3. India Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
9.4. India Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

10. Japan Blockchain Technologies Market

10.1. Japan Blockchain Technologies Market Overview
10.2. Japan Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
10.3. Japan Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
10.4. Japan Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

11. Australia Blockchain Technologies Market

11.1. Australia Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
11.2. Australia Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
11.3. Australia Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

12. Indonesia Blockchain Technologies Market

12.1. Indonesia Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
12.2. Indonesia Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
12.3. Indonesia Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

13. South Korea Blockchain Technologies Market

13.1. South Korea Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
13.2. South Korea Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
13.3. South Korea Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

14. Western Europe Blockchain Technologies Market

14.1. Western Europe Blockchain Technologies Market Overview
14.2. Western Europe Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
14.3. Western Europe Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
14.4. Western Europe Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

15. UK Blockchain Technologies Market

15.1. UK Blockchain Technologies Market Overview
15.2. UK Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
15.3. UK Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
15.4. UK Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

16. Germany Blockchain Technologies Market

16.1. Germany Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
16.2. Germany Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
16.3. Germany Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

17. France Blockchain Technologies Market

17.5. France Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
17.6. France Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
17.7. France Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

18. Eastern Europe Blockchain Technologies Market

18.1. Eastern Europe Blockchain Technologies Market Overview
18.2. Eastern Europe Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
18.3. Eastern Europe Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
18.4. Eastern Europe Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

19. Russia Blockchain Technologies Market

19.1. Russia Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
19.2. Russia Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
19.3. Russia Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

20. North America Blockchain Technologies Market

20.1. North America Blockchain Technologies Market Overview
20.2. North America Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
20.3. North America Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
20.4. North America Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

21. USA Blockchain Technologies Market

21.1. USA Blockchain Technologies Market Overview
21.2. USA Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
21.3. USA Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
21.4. USA Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

22. South America Blockchain Technologies Market

22.1. South America Blockchain Technologies Market Overview
22.2. South America Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
22.3. South America Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
22.4. South America Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

23. Brazil Blockchain Technologies Market

23.1. Brazil Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
23.2. Brazil Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
23.3. Brazil Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

24. Middle East Blockchain Technologies Market

24.1. Middle East Blockchain Technologies Market Overview
24.2. Middle East Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
24.3. Middle East Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
24.4. Middle East Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

25. Africa Blockchain Technologies Market

25.1. Africa Blockchain Technologies Market Overview
25.2. Africa Blockchain Technologies Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
25.3. Africa Blockchain Technologies Market, Segmentation By Provider, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion
25.4. Africa Blockchain Technologies Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2027, 2032F, $ Billion

26. Blockchain Technologies Market Competitive Landscape And Company Profiles

26.1. Blockchain Technologies Market Competitive Landscape
26.2. Blockchain Technologies Market Company Profiles
- 26.2.1. IBM
  - 26.2.1.1. Overview
  - 26.2.1.2. Products and Services
  - 26.2.1.3. Strategy
  - 26.2.1.4. Financial Performance
- 26.2.2. AWS
  - 26.2.2.1. Overview
  - 26.2.2.2. Products and Services
  - 26.2.2.3. Strategy
  - 26.2.2.4. Financial Performance
- 26.2.3. Microsoft Corporations
  - 26.2.3.1. Overview
  - 26.2.3.2. Products and Services
  - 26.2.3.3. Strategy
  - 26.2.3.4. Financial Performance
- 26.2.4. Ripple
  - 26.2.4.1. Overview
  - 26.2.4.2. Products and Services
  - 26.2.4.3. Strategy
  - 26.2.4.4. Financial Performance
- 26.2.5. Circle Internet Financial Limited
  - 26.2.5.1. Overview
  - 26.2.5.2. Products and Services
  - 26.2.5.3. Strategy
  - 26.2.5.4. Financial Performance

27. Key Mergers And Acquisitions In The Blockchain Technologies Market

28. Blockchain Technologies Market Trends And Strategies

29. Blockchain Technologies Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer