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The global blockchain market was valued at US$ 1.57 Bn in 2018 and is expected to reach US$ 162.84 Bn by 2027 with a CAGR growth rate of 68.1% in the forecast period from 2019 to 2027.

The increasing proliferation of Blockchain technology in various industries ranging from BFSI to retail is pushing the government and companies worldwide to focus and invest in Blockchain technology. Presently, Blockchain technology has a variety of use cases in the BFSI sector, and over the past few years, the applications of Blockchain in payments, smart contracts, document management, and others have been growing at an exponential rate. The successful implementation of Blockchain in BFSI sector attracted interest from other industries such as retail, logistics, government towards the benefits offered by Blockchain such as increased operational efficiency and reduced costs in various business functions. Blockchain technology is developing at an exponential pace with more and more companies and startups expanding their innovative blockchain solutions portfolio. As use cases associated with Blockchain and areas of demand have risen, startups have adopted blockchain technology to meet growing consumer demands. Blockchain technology helps in reducing documentation and compliance costs.

North America holds the majority revenue share in the global blockchain market. The fast growth and adoption in North America is primarily driven by the growing demand of blockchain solutions from various industries such as BFSI, Retail, Government, Transportation and Logistics, Healthcare, Automotive, and Media & Entertainment. With big market players such as IBM, Microsoft, and Accenture, a large number of start-ups are also entering the blockchain marketplace to develop innovative Blockchain based solutions and services. These start-ups, further, receiving a considerable amount of funding from the investors. Growing regions such as Asia Pacific, Middle East, Africa, and South America are also anticipated to offer significant growth opportunities for the global blockchain market in the forecast period from 2019 to 2027 owing to the supportive government initiatives.


TABLE OF CONTENTS

    1. INTRODUCTION

    • 1.1 SCOPE OF THE STUDY
    • 1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
    • 1.3 MARKET SEGMENTATION
      • 1.3.1 Global Blockchain Market - By Application
      • 1.3.2 Global Blockchain Market - By Industry Vertical
      • 1.3.3 Global Blockchain Market - By Geography

    2. KEY TAKEAWAYS

      3. RESEARCH METHODOLOGY

      • 3.1 COVERAGE
      • 3.2 SECONDARY RESEARCH
      • 3.3 PRIMARY RESEARCH

      4. BLOCKCHAIN MARKET LANDSCAPE

      • 4.1 MARKET OVERVIEW
      • 4.2 ECOSYSTEM ANALYSIS
      • 4.3 PEST ANALYSIS
        • 4.3.1 Blockchain Market - North America PEST Analysis
        • 4.3.2 Blockchain Market - Europe PEST Analysis
        • 4.3.3 Blockchain Market - Asia-Pacific PEST Analysis
        • 4.3.4 Blockchain Market - Middle East and Africa PEST Analysis
        • 4.3.5 Blockchain Market - South America PEST Analysis

      5. BLOCKCHAIN MARKET - KEY INDUSTRY DYNAMICS

      • 5.1 KEY MARKET DRIVERS
        • 5.1.1 Extensive Adoption of Blockchain Solutions in the BFSI Industry Vertical
        • 5.1.2 Higher Transparency and Operational Efficiency with Substantial Cost Savings
        • 5.1.3 Increasing Number of Innovative Start-Ups Worldwide
      • 5.2 KEY MARKET RESTRAINTS
        • 5.2.1 Data Privacy, Confidentiality and Security Concerns
        • 5.2.2 Unclear Regulatory Environment
        • 5.2.3 Interoperability, Scalability and Sustainability Challenges
      • 5.3 KEY MARKET OPPORTUNITIES
        • 5.3.1 Rising Government Support and Initiatives Worldwide
      • 5.4 FUTURE TRENDS
        • 5.4.1 Combination of Blockchain and Artificial intelligence for Advanced Applications
      • 5.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

      6. BLOCKCHAIN - GLOBAL MARKET ANALYSIS

      • 6.1 GLOBAL BLOCKCHAIN MARKET OVERVIEW
      • 6.2 GLOBAL BLOCKCHAIN MARKET FORECAST AND ANALYSIS
      • 6.3 MARKET POSITIONING- TOP THREE PLAYERS

      7. GLOBAL BLOCKCHAIN ANALYSIS - BY APPLICATION

      • 7.1 OVERVIEW
      • 7.2 GLOBAL BLOCKCHAIN BREAKDOWN, BY APPLICATION, 2018 & 2027
      • 7.3 PAYMENTS
        • 7.3.1 Overview
        • 7.3.2 Payments Revenue and Forecasts to 2027 (US$ Mn)
      • 7.4 EXCHANGES
        • 7.4.1 Overview
        • 7.4.2 Exchanges Market Revenue and Forecasts to 2027 (US$ Mn)
      • 7.5 SMART CONTRACTS
        • 7.5.1 Overview
        • 7.5.2 Smart Contracts Market Revenue and Forecasts to 2027 (US$ Mn)
      • 7.6 DOCUMENTATION
        • 7.6.1 Overview
        • 7.6.2 Documentation Market Revenue and Forecasts to 2027 (US$ Mn)
      • 7.7 DIGITAL IDENTITY
        • 7.7.1 Overview
        • 7.7.2 Digital Identity Market Revenue and Forecasts to 2027 (US$ Mn)
      • 7.8 GOVERNANCE, RISK & COMPLIANCE
        • 7.8.1 Overview
        • 7.8.2 Governance, Risk & Compliance Market Revenue and Forecasts to 2027 (US$ Mn)
      • 7.9 OTHERS
        • 7.9.1 Overview
        • 7.9.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

      8. BLOCKCHAIN MARKET REVENUE AND FORECASTS TO 2027 - INDUSTRY VERTICAL

      • 8.1 OVERVIEW
      • 8.2 BLOCKCHAIN MARKET BREAKDOWN, BY INDUSTRY VERTICAL, 2018 & 2027
      • 8.3 BFSI MARKET
        • 8.3.1 Overview
        • 8.3.2 BFSI Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.4 RETAIL MARKET
        • 8.4.1 Overview
        • 8.4.2 Retail Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.5 GOVERNMENT MARKET
        • 8.5.1 Overview
        • 8.5.2 Government Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.6 TRANSPORTATION & LOGISTICS MARKET
        • 8.6.1 Overview
        • 8.6.2 Transportation & Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.7 HEALTHCARE MARKET
        • 8.7.1 Overview
        • 8.7.2 Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.8 AUTOMOTIVE MARKET
        • 8.8.1 Overview
        • 8.8.2 Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.9 MEDIA & ENTERTAINMENT MARKET
        • 8.9.1 Overview
        • 8.9.2 Media & Entertainment Market Revenue and Forecasts to 2027 (US$ Mn)
      • 8.10 OTHERS MARKET
        • 8.10.1 Overview
        • 8.10.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

      9. BLOCKCHAIN MARKET - GEOGRAPHICAL ANALYSIS

      • 9.1 OVERVIEW
      • 9.2 NORTH AMERICA BLOCKCHAIN MARKET REVENUE AND FORECASTS TO 2027
        • 9.2.1 North America Blockchain Market Revenue and Forecasts to 2027 (US$ Mn)
        • 9.2.2 North America Blockchain Market Breakdown by Application
        • 9.2.3 North America Blockchain market Breakdown by Industry Vertical
        • 9.2.4 North America Blockchain market Breakdown, by Key Countries
          • 9.2.4.1 U.S. Blockchain Market Revenue and Forecasts to 2027 (US$ MN)
          • 9.2.4.1.1 U.S Blockchain Market Breakdown by Application
          • 9.2.4.1.2 U.S. Blockchain Market Breakdown by Industry Vertical
          • 9.2.4.2 Canada Blockchain Market Revenue and Forecasts to 2027 (US$ MN)
          • 9.2.4.2.1 Canada Blockchain Market Breakdown by Application
          • 9.2.4.2.2 Canada Blockchain market Breakdown by Industry Vertical
          • 9.2.4.3 Mexico Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
          • 9.2.4.3.1 Mexico Blockchain market Breakdown by Application
          • 9.2.4.3.2 Mexico Blockchain market Breakdown by Industry Vertical
          • 9.3 EUROPE BLOCKCHAIN MARKET REVENUE AND FORECASTS TO 2027
            • 9.3.1 Europe Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
            • 9.3.2 Europe Blockchain market Breakdown by Application
            • 9.3.3 Europe Blockchain market Breakdown by Industry Vertical
            • 9.3.4 Europe Blockchain market Breakdown, by Key Countries
              • 9.3.4.1 France Blockchain market Revenue and Forecasts to 2027 (US$ MN)
              • 9.3.4.1.1 France Blockchain market Breakdown by Application
              • 9.3.4.1.2 France Blockchain market Breakdown by Industry Vertical
              • 9.3.4.2 Germany Blockchain market Revenue and Forecasts to 2027 (US$ MN)
              • 9.3.4.2.1 Germany Blockchain market Breakdown by Application
              • 9.3.4.2.2 Germany Blockchain market Breakdown by Industry Vertical
              • 9.3.4.3 Italy Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
              • 9.3.4.3.1 Italy Blockchain market Breakdown by Application
              • 9.3.4.3.2 Italy Blockchain market Breakdown by Industry Vertical
              • 9.3.4.4 Russia Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
              • 9.3.4.4.1 Russia Blockchain market Breakdown by Application
              • 9.3.4.4.2 Russia Blockchain market Breakdown by Industry Vertical
              • 9.3.4.5 UK Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
              • 9.3.4.5.1 UK Blockchain market Breakdown by Application
              • 9.3.4.5.2 UK Blockchain market Breakdown by Industry Vertical
              • 9.3.4.6 Rest of Europe Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
              • 9.3.4.6.1 Rest of Europe Blockchain market Breakdown by Application
              • 9.3.4.6.2 Rest of Europe Blockchain market Breakdown by Industry Vertical
              • 9.4 APAC BLOCKCHAIN MARKET REVENUE AND FORECASTS TO 2027
                • 9.4.1 APAC Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
                • 9.4.2 APAC Blockchain market Breakdown by application
                • 9.4.3 APAC Blockchain market Breakdown by Industry Vertical
                • 9.4.4 APAC Blockchain market Breakdown, by Key Countries
                  • 9.4.4.1 South Korea Blockchain market Revenue and Forecasts to 2027 (US$ MN)
                  • 9.4.4.1.1 South Korea Blockchain market Breakdown by Application
                  • 9.4.4.1.2 South Korea Blockchain market Breakdown by Industry Vertical
                  • 9.4.4.2 China Blockchain market Revenue and Forecasts to 2027 (US$ MN)
                  • 9.4.4.2.1 China Blockchain market Breakdown by Application
                  • 9.4.4.2.2 China Blockchain market Breakdown by Industry Vertical
                  • 9.4.4.3 India Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
                  • 9.4.4.3.1 India Blockchain market Breakdown by Application
                  • 9.4.4.3.2 India Blockchain market Breakdown by Industry Vertical
                  • 9.4.4.4 Japan Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
                  • 9.4.4.4.1 Japan Blockchain market Breakdown by Application
                  • 9.4.4.4.2 Japan Blockchain market Breakdown by Industry Vertical
                  • 9.4.4.5 Australia Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
                  • 9.4.4.5.1 Australia Blockchain market Breakdown by Application
                  • 9.4.4.5.2 Australia Blockchain market Breakdown by Industry Vertical
                  • 9.4.4.6 Rest of APAC Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
                  • 9.4.4.6.1 Rest of APAC Blockchain market Breakdown by Application
                  • 9.4.4.6.2 Rest of APAC Blockchain market Breakdown by Industry Vertical
                  • 9.5 MIDDLE EAST AND AFRICA BLOCKCHAIN MARKET REVENUE AND FORECASTS TO 2027
                    • 9.5.1 Middle East and Africa Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
                    • 9.5.2 MEA Blockchain market Breakdown by Application
                    • 9.5.3 MEA Blockchain market Breakdown by Industry Vertical
                    • 9.5.4 MEA Blockchain market Breakdown, by Key Countries
                      • 9.5.4.1 South Africa Blockchain market Revenue and Forecasts to 2027 (US$ MN)
                      • 9.5.4.1.1 South Africa Blockchain market Breakdown by Application
                      • 9.5.4.1.2 South Africa Blockchain market Breakdown by Industry Vertical
                      • 9.5.4.1.3 Saudi Arabia Blockchain market Breakdown by Application
                      • 9.5.4.1.4 Saudi Arabia Blockchain market Breakdown by Industry Vertical
                      • 9.5.4.1.5 UAE Blockchain market Breakdown by Application
                      • 9.5.4.1.6 UAE Blockchain market Breakdown by Industry Vertical
                      • 9.5.4.1.7 Rest of MEA Blockchain market Revenue and Forecasts to 2027 (US$ MN)
                      • 9.5.4.1.8 Rest of MEA Blockchain market Breakdown by Application
                      • 9.5.4.1.9 Rest of MEA Blockchain market Breakdown by Industry Vertical
                      • 9.6 SOUTH AMERICA BLOCKCHAIN MARKET REVENUE AND FORECASTS TO 2027
                        • 9.6.1 South America Blockchain market Revenue and Forecasts to 2027 (US$ Mn)
                        • 9.6.2 South America Blockchain market Breakdown by Application
                        • 9.6.3 South America Blockchain market Breakdown by Industry Vertical
                        • 9.6.4 South America Blockchain market Breakdown, by Key Countries
                          • 9.6.4.1 Brazil Blockchain market Revenue and Forecasts to 2027 (US$ MN)
                          • 9.6.4.1.1 Brazil Blockchain market Breakdown by Application
                          • 9.6.4.1.2 Brazil Blockchain market Breakdown by Industry Vertical
                          • 9.6.4.2 Argentina Blockchain market Revenue and Forecasts to 2027 (US$ MN)
                          • 9.6.4.2.1 Argentina Blockchain market Breakdown by Application
                          • 9.6.4.2.2 Argentina Blockchain market Breakdown by Industry Vertical
                          • 9.6.4.3 Rest of SAM Blockchain market Revenue and Forecasts to 2027 (US$ MN)
                          • 9.6.4.3.1 Rest of SAM Blockchain market Breakdown by Application
                          • 9.6.4.3.2 Rest of SAM Blockchain market Breakdown by Industry Vertical

                          10. INDUSTRY LANDSCAPE

                          • 10.1 OVERVIEW
                          • 10.2 MARKET INITIATIVE
                          • 10.3 MERGER AND ACQUISITION
                          • 10.4 NEW DEVELOPMENT

                          11. COMPANY PROFILES

                          • 11.1 IBM CORPORATION
                            • 11.1.1 Key Facts
                            • 11.1.2 Business Description
                            • 11.1.3 Products and Services
                            • 11.1.4 Financial Overview
                            • 11.1.5 SWOT Analysis
                            • 11.1.6 Key Developments
                          • 11.2 MICROSOFT CORPORATION
                            • 11.2.1 Key Facts
                            • 11.2.2 Business Description
                            • 11.2.3 Products and Services
                            • 11.2.4 Financial Overview
                            • 11.2.5 Financial Overview
                            • 11.2.6 SWOT Analysis
                            • 11.2.7 Key Developments
                          • 11.3 ACCENTURE
                            • 11.3.1 Key Facts
                            • 11.3.2 Business Description
                            • 11.3.3 Products and Services
                            • 11.3.4 Financial Overview
                            • 11.3.5 SWOT Analysis
                            • 11.3.6 Key Developments
                          • 11.4 AMAZON WEB SERVICES
                            • 11.4.1 Key Facts
                            • 11.4.2 Business Description
                            • 11.4.3 Products and Services
                            • 11.4.4 Financial Overview
                            • 11.4.5 SWOT Analysis
                            • 11.4.6 Key Developments
                          • 11.5 SAP SE
                            • 11.5.1 Key Facts
                            • 11.5.2 Business Description
                            • 11.5.3 Products and Services
                            • 11.5.4 Financial Overview
                            • 11.5.5 SWOT Analysis
                            • 11.5.6 Key Developments
                          • 11.6 HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP (HPE)
                            • 11.6.1 Key Facts
                            • 11.6.2 Business Description
                            • 11.6.3 Products and Services
                            • 11.6.4 Financial Overview
                            • 11.6.5 SWOT Analysis
                            • 11.6.6 Key Developments
                          • 11.7 ORACLE CORPORATION
                            • 11.7.1 Key Facts
                            • 11.7.2 Business Description
                            • 11.7.3 Products and Services
                            • 11.7.4 Financial Overview
                            • 11.7.5 SWOT Analysis
                            • 11.7.6 Key Developments
                          • 11.8 INTEL CORPORATION
                            • 11.8.1 Key Facts
                            • 11.8.2 Business Description
                            • 11.8.3 Products and Services
                            • 11.8.4 Financial Overview
                            • 11.8.5 SWOT Analysis
                            • 11.8.6 Key Developments
                          • 11.9 RIPPLE
                            • 11.9.1 Key Facts
                            • 11.9.2 Business Description
                            • 11.9.3 Products and Services
                            • 11.9.4 Financial Overview
                            • 11.9.5 SWOT Analysis
                            • 11.9.6 Key Developments
                          • 11.10 BITFURY GROUP
                            • 11.10.1 Key Facts
                            • 11.10.2 Business Description
                            • 11.10.3 Products and Services
                            • 11.10.4 Financial Overview
                            • 11.10.5 SWOT Analysis
                            • 11.10.6 Key Developments

                          12. APPENDIX

                          • 12.1 ABOUT THE INSIGHT PARTNERS
                          • 12.2 GLOSSARY

      Summary:
      Get latest Market Research Reports on Blockchain . Industry analysis & Market Report on Blockchain is a syndicated market report, published as Blockchain Market to 2027 - Global Analysis and Forecasts by Application (Payments, Exchanges, Smart Contracts, Documentation, Digital Identity, Governance, Risk & Compliance, and Others); Industry Vertical (BFSI, Retail, Government, Transportation and Logistics, Healthcare, Automotive, Media & Entertainment, and Others). It is complete Research Study and Industry Analysis of Blockchain market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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