Global Blockchain Market is expected to reach $9,617.4 million by 2024, having a CAGR of 60.8% during the forecast period of 2017 to 2024.
The private blockchain segment garnered the highest market share globally, accounting for more than 50% of the market size in 2016. Blockchain is undoubtedly a fruitful invention that is a decentralized and digitized public ledger of all cryptocurrency transactions. It enables the distribution of digital information over the internet and does not allow the information to be copied. The blockchain network is a self-auditing ecosystem that lives in a state of consensus. The network automatically checks in with itself, every transaction, in a ten-minute interval. Being a decentralized technology, the blockchain network functions on a peer-to-peer basis and eliminates the risks involved in a centralized data handling system. Blockchain is a digital ledger of economic transaction, which is incorruptible and can be programmed to expand its usefulness in recording virtually everything of value and not just the financial transactions. Blockchain is widening its scope of applications, rather than just verifying transactions of digital currencies. Various business operations can be simplified by the application of blockchain technology, due to which it has a potential scope in fields like diamonds, music, and IoT devices. Blockchain has proved to be useful in reducing 75% of the time consumed by IBM Global Financing in resolving financial disputes. Furthermore, the technology is capable of stretching its arms towards applications such as weapon/vehicle registrations, voting system, confirm ownership of antiquities, and medical records. The global blockchain market is expected to offer humongous opportunities to the market players during the forecast period.
CHAPTER 1. INTRODUCTION 1.1. RESEARCH METHODOLOGY 1.1.1. ERC desk research 1.1.2. ERC data synthesis 1.1.3. Data validation and market feedback 1.1.4. ERC data sources 1.2. RESEARCH SCOPE CHAPTER 2. MARKET LANDSCAPE 2.1. RESEARCH SUMMARY 2.2. VALUE CHAIN ANALYSIS 2.3. FIVE FORCES ANALYSIS 2.4. MARKET SHARE ANALYSIS 2.5. DEMAND FORECAST 2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS 2.7. MARKET DETERMINANTS 2.7.1. Drivers 2.7.1.1. Better optimization of capital 2.7.1.2. Faster transactions 2.7.1.3. Improvised security 2.7.1.4. Transparency and interdependence 2.7.2. Restraints 2.7.2.1. Lack of awareness regarding cryptocurrency 2.7.2.2. Uncertain regulatory standards 2.7.3. Opportunities 2.7.3.1. Digitization and internet of things (IoT) trend 2.7.3.2. Increasing use of blockchain for payments, smart contracts, and digital identity CHAPTER 3. GLOBAL BLOCKCHAIN MARKET BY TYPE 3.1. SEGMENT OUTLINE 3.2. GLOBAL BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 3.3. PUBLIC BLOCKCHAIN 3.3.1. Trend analysis 3.3.2. Market growth indicators 3.3.3. Global Public blockchain market revenue by region, 2016-2024 3.4. PRIVATE BLOCKCHAIN 3.4.1. Trend analysis 3.4.2. Market growth indicators 3.4.3. Global Private blockchain market revenue by region, 2016-2024 CHAPTER 4. GLOBAL BLOCKCHAIN MARKET BY END USER 4.1. SEGMENT OUTLINE 4.2. GLOBAL BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 4.3. GOVERNMENT 4.3.1. Trend analysis 4.3.2. Market growth indicators 4.3.3. Global government market revenue by region, 2016-2024 4.4. BFSI 4.4.1. Trend analysis 4.4.2. Market growth indicators 4.4.3. Global BFSI market revenue by region, 2016-2024 4.5. AUTOMOTIVE 4.5.1. Trend analysis 4.5.2. Market growth indicators 4.5.3. Global automotive market revenue by region, 2016-2024 4.6. RETAIL AND E-COMMERCE 4.6.1. Trend analysis 4.6.2. Market growth indicators 4.6.3. Global retail and E-commerce market revenue by region, 2016-2024 4.7. MEDIA AND ENTERTAINMENT 4.7.1. Trend analysis 4.7.2. Market growth indicators 4.7.3. Global media and entertainment market revenue by region, 2016-2024 4.8. OTHERS 4.8.1. Trend analysis 4.8.2. Market growth indicators 4.8.3. Global others market revenue by region, 2016-2024 CHAPTER 5. GLOBAL BLOCKCHAIN MARKET BY ORGANIZATION SIZE 5.1. SEGMENT OUTLINE 5.2. GLOBAL BLOCKCHAIN MARKET REVENUE BY ORGANIZATION SIZE, 2016-2024 5.3. LARGE ENTERPRISES 5.3.1. Trend analysis 5.3.2. Market growth indicators 5.3.3. Global large enterprises market revenue by region, 2016-2024 5.4. SMALL AND MEDIUM ENTERPRISES 5.4.1. Trend analysis 5.4.2. Market growth indicators 5.4.3. Global small and medium enterprises market revenue by region, 2016-2024 CHAPTER 6. GLOBAL BLOCKCHAIN MARKET BY GEOGRAPHY 6.1. SEGMENT OUTLINE 6.2. GLOBAL BLOCKCHAIN MARKET REVENUE BY GEOGRAPHY, 2016-2024 6.3. NORTH AMERICA 6.3.1. Trend analysis 6.3.2. Market growth indicators 6.3.3. North America blockchain market revenue by type, 2016-2024 6.3.4. North America blockchain market revenue by end user, 2016-2024 6.3.5. North America blockchain market revenue by country, 2016-2024 6.3.6. United States 6.3.6.1. United States blockchain market revenue, 2016-2024 6.3.7. Mexico 6.3.7.1. Mexico blockchain market revenue, 2016-2024 6.3.8. Canada 6.3.8.1. Canada blockchain market revenue, 2016-2024 6.4. EUROPE 6.4.1. Trend analysis 6.4.2. Market growth indicators 6.4.3. Europe blockchain market revenue by type, 2016-2024 6.4.4. Europe blockchain market revenue by end user, 2016-2024 6.4.5. Europe blockchain market revenue by country, 2016-2024 6.4.6. United Kingdom 6.4.6.1. United Kingdom blockchain market revenue, 2016-2024 6.4.7. Germany 6.4.7.1. Germany blockchain market revenue, 2016-2024 6.4.8. France 6.4.8.1. France blockchain market revenue, 2016-2024 6.4.9. Rest of Europe 6.4.9.1. Rest of Europe blockchain market revenue, 2016-2024 6.5. ASIA PACIFIC 6.5.1. Trend analysis 6.5.2. Market growth indicators 6.5.3. Asia Pacific blockchain market revenue by type, 2016-2024 6.5.4. Asia Pacific blockchain market revenue by end user, 2016-2024 6.5.5. Asia Pacific blockchain market revenue by country, 2016-2024 6.5.6. China 6.5.6.1. China blockchain market revenue, 2016-2024 6.5.7. Japan 6.5.7.1. Japan blockchain market revenue, 2016-2024 6.5.8. India 6.5.8.1. India blockchain market revenue, 2016-2024 6.5.9. Rest of Asia Pacific 6.5.9.1. Rest of Asia Pacific blockchain market revenue, 2016-2024 6.6. REST OF WORLD 6.6.1. Trend analysis 6.6.2. Market growth indicators 6.6.3. Rest of World blockchain market revenue by type, 2016-2024 6.6.4. Rest of World blockchain market revenue by end user, 2016-2024 6.6.5. Rest of World blockchain market revenue by country, 2016-2024 6.6.6. Latin America 6.6.6.1. Latin America blockchain market revenue, 2016-2024 6.6.7. Middle East 6.6.7.1. Middle East blockchain market revenue, 2016-2024 6.6.8. Africa 6.6.8.1. Africa blockchain market revenue, 2016-2024 CHAPTER 7. KEY VENDOR PROFILES 7.1. EARTHPORT 7.1.1. Company synopsis 7.1.2. Company snapshot 7.1.3. Business overview 7.1.4. Strategic analysis 7.2. DIGITAL ASSET HOLDINGS 7.2.1. Company synopsis 7.2.2. Company snapshot 7.2.3. Business overview 7.2.4. Strategic analysis 7.3. MICROSOFT CORPORATION 7.3.1. Company synopsis 7.3.2. Company snapshot 7.3.3. Business overview 7.3.4. Strategic analysis 7.4. BLOCKCHAIN TECH LTD. 7.4.1. Company synopsis 7.4.2. Company snapshot 7.4.3. Business overview 7.4.4. Strategic analysis 7.5. DELOITTE 7.5.1. Company synopsis 7.5.2. Company snapshot 7.5.3. Business overview 7.5.4. Strategic analysis 7.6. INTEL CORPORATION 7.6.1. Company synopsis 7.6.2. Company snapshot 7.6.3. Business overview 7.6.4. Strategic analysis 7.7. ERIS INDUSTRIES 7.7.1. Company synopsis 7.7.2. Company snapshot 7.7.3. Business overview 7.7.4. Strategic analysis 7.8. ACCENTURE PLC 7.8.1. Company synopsis 7.8.2. Company snapshot 7.8.3. Business overview 7.8.4. Strategic analysis 7.9. CHAIN INC. 7.9.1. Company synopsis 7.9.2. Company snapshot 7.9.3. Business overview 7.9.4. Strategic analysis 7.10. IBM CORPORATION 7.10.1. Company synopsis 7.10.2. Company snapshot 7.10.3. Business overview 7.10.4. Strategic analysis LIST OF TABLES TABLE NO 1. GLOBAL BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) TABLE NO 2. GLOBAL PUBLIC BLOCKCHAIN MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 3. GLOBAL PRIVATE BLOCKCHAIN MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 4. GLOBAL BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 ($MILLION) TABLE NO 5. GLOBAL GOVERNMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 6. GLOBAL BFSI MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 7. GLOBAL AUTOMOTIVE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 8. GLOBAL RETAIL AND E-COMMERCE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 9. GLOBAL MEDIA AND ENTERTAINMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 10. GLOBAL OTHERS MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 11. GLOBAL BLOCKCHAIN MARKET REVENUE BY ORGANIZATION SIZE, 2016-2024 ($MILLION) TABLE NO 12. GLOBAL LARGE ENTERPRISES MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 13. GLOBAL SMALL AND MEDIUM ENTERPRISES MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 14. GLOBAL BLOCKCHAIN MARKET REVENUE BY GEOGRAPHY, 2016-2024 ($MILLION) TABLE NO 15. NORTH AMERICA BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) TABLE NO 16. NORTH AMERICA BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 ($MILLION) TABLE NO 17. NORTH AMERICA BLOCKCHAIN MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION) TABLE NO 18. EUROPE BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) TABLE NO 19. EUROPE BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 ($MILLION) TABLE NO 20. EUROPE BLOCKCHAIN MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION) TABLE NO 21. ASIA PACIFIC BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) TABLE NO 22. ASIA PACIFIC BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 ($MILLION) TABLE NO 23. ASIA PACIFIC BLOCKCHAIN MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION) TABLE NO 24. REST OF WORLD BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) TABLE NO 25. REST OF WORLD BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 ($MILLION) TABLE NO 26. REST OF WORLD BLOCKCHAIN MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION) LIST OF FIGURES FIGURE NO 1. VALUE CHAIN ANALYSIS FIGURE NO 2. FIVE FORCES ANALYSIS FIGURE NO 3. MARKET SHARE ANALYSIS FIGURE NO 4. INVESTMENT OPPORTUNITIES FIGURE NO 5. KEY STRATEGIC ATTEMPTS (%SHARE) FIGURE NO 6. GLOBAL BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) FIGURE NO 7. GLOBAL PUBLIC BLOCKCHAIN MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 8. GLOBAL PRIVATE BLOCKCHAIN MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 9. GLOBAL BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 ($MILLION) FIGURE NO 10. GLOBAL GOVERNMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 11. GLOBAL BFSI MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 12. GLOBAL AUTOMOTIVE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 13. GLOBAL RETAIL AND E-COMMERCE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 14. GLOBAL MEDIA AND ENTERTAINMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 15. GLOBAL OTHERS MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 16. GLOBAL BLOCKCHAIN MARKET REVENUE BY ORGANIZATION SIZE, 2016-2024 ($MILLION) FIGURE NO 17. GLOBAL LARGE ENTERPRISES MARKET REVENUE BY REGION, 2016-2024 ($MILLION) 30 FIGURE NO 18. GLOBAL SMALL AND MEDIUM ENTERPRISES MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 19. GLOBAL BLOCKCHAIN MARKET REVENUE BY GEOGRAPHY, 2016-2024 ($MILLION) FIGURE NO 20. NORTH AMERICA BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) FIGURE NO 21. NORTH AMERICA BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 ($MILLION) FIGURE NO 22. NORTH AMERICA BLOCKCHAIN MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION) FIGURE NO 23. UNITED STATES BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 24. MEXICO BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 25. CANADA BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 26. EUROPE BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) FIGURE NO 27. EUROPE BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 ($MILLION) FIGURE NO 28. EUROPE BLOCKCHAIN MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION) FIGURE NO 29. UNITED KINGDOM BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 30. GERMANY BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 31. FRANCE BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 32. REST OF EUROPE BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 33. ASIA PACIFIC BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) FIGURE NO 34. ASIA PACIFIC BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 ($MILLION) FIGURE NO 35. ASIA PACIFIC BLOCKCHAIN MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION) FIGURE NO 36. CHINA BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 37. JAPAN BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 38. INDIA BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 39. REST OF ASIA PACIFIC BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 40. REST OF WORLD BLOCKCHAIN MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) FIGURE NO 41. REST OF WORLD BLOCKCHAIN MARKET REVENUE BY END USER, 2016-2024 ($MILLION) FIGURE NO 42. REST OF WORLD BLOCKCHAIN MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION) FIGURE NO 43. LATIN AMERICA BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 44. MIDDLE EAST BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION) FIGURE NO 45. AFRICA BLOCKCHAIN MARKET REVENUE, 2016-2024 ($MILLION)