Blockchain Market Trends 2023-2028: Key Players & Growth– MarkNtel

Blockchain Market Overview

As per recent research by MarkNtel Advisors, the global Blockchain Market is rapidly expanding and expects a whopping 73.1% CAGR during the forecast period, i.e., 2023-28.

Blockchain Market Dynamics

Market Drivers : Massive Venture Capital Investments due to Rapidly Rising Market Value of Cryptocurrencies

Cryptocurrencies incur lower transaction fees than other payment methods, as they are based on blockchain technology. As a result, many individuals & businesses are increasingly adopting the technology for cross-border payments & remittances since the latter involves high transaction costs. Moreover, since cryptocurrencies are immutable, regulatory authorities cannot impose any restrictions on cross-border transactions.

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Blockchain Market Segmentation Overview 2023-2028: Key Factors

By Component

-Services- Market Size & Forecast 2018-2028F, USD Million

-Consultation- Market Size & Forecast 2018-2028F, USD Million

-Development & Integration- Market Size & Forecast 2018-2028F, USD Million

-Support & Maintenance- Market Size & Forecast 2018-2028F, USD Million

-Platform- Market Size & Forecast 2018-2028F, USD Million

By Provider

-Application Provider- Market Size & Forecast 2018-2028F, USD Million

-Infrastructure Provider- Market Size & Forecast 2018-2028F, USD Million

-Middleware Provider- Market Size & Forecast 2018-2028F, USD Million

By Type

-Private- Market Size & Forecast 2018-2028F, USD Million

-Public- Market Size & Forecast 2018-2028F, USD Million

-Hybrid- Market Size & Forecast 2018-2028F, USD Million

By Organization

-Small- Market Size & Forecast 2018-2028F, USD Million

-Medium- Market Size & Forecast 2018-2028F, USD Million

-Large- Market Size & Forecast 2018-2028F, USD Million

By Application

-Payment- Market Size & Forecast 2018-2028F, USD Million

-Documentation- Market Size & Forecast 2018-2028F, USD Million

-Exchanges- Market Size & Forecast 2018-2028F, USD Million

-Supply Chain Management- Market Size & Forecast 2018-2028F, USD Million

-Digital Identity- Market Size & Forecast 2018-2028F, USD Million

-Others (Advertising insights, Smart Contracts, etc.) - Market Size & Forecast 2018-2028F, USD Million

By End User

-BFSI- Market Size & Forecast 2018-2028F, USD Million

-Government- Market Size & Forecast 2018-2028F, USD Million

-Logistics- Market Size & Forecast 2018-2028F, USD Million

-Healthcare- Market Size & Forecast 2018-2028F, USD Million

-Energy & Utilities- Market Size & Forecast 2018-2028F, USD Million

-Media & Entertainment- Market Size & Forecast 2018-2028F, USD Million

-IT & Telecom- Market Size & Forecast 2018-2028F, USD Million

-Retail & E-commerce- Market Size & Forecast 2018-2028F, USD Million

-Others (Agriculture, Manufacturing, etc.)- Market Size & Forecast 2018-2028F, USD Million

Read Full Report: https://www.marknteladvisors.com/research-library/global-blockchain-market.html

Blockchain Market Geographical Insights:

By Region:

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific

Key Players and Competitive Strategies in the Blockchain Market

Several prominent players dominate the Blockchain Market, including:

• IBM
• Amazon Web Services Inc.
• Microsoft
• SAP
• Intel
• Oracle
• NTT Data
• Accenture
• Others

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Questions Addressed in this Study

1.How big is the Blockchain Market Size?

2.What is the Blockchain Market Growth?

3.Who are the key players of the Blockchain Market?

If you require specific information that isn't included in the current report, we'll provide it as part of the customization process

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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