MarkNtel Advisors is not just a market research company; it is a cornerstone in the realm of research and consulting provide market research report titled as Blockchain Market Size, Share, Analysis, Forecast 2023-2028.
Blockchain Market Analysis and Insights:
The Blockchain Market size is estimated to grow at a CAGR of around 73.1% during the forecast period, i.e., 2023-28.
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Blockchain Market Dynamics
Key Driver: 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. All these aspects have resulted in a significant surge in the market value of cryptocurrencies, i.e., attracting massive venture capital funding in blockchain startups, which projects lucrative prospects for the Global Blockchain Market during 2023-28.
Blockchain Market Report Segmentation:
The report has segmented the market into the following categories:
By Component
-Services
–Consultation
–Development & Integration
–Support & Maintenance
-Platform
By Provider
-Application Provider
-Infrastructure Provider
-Middleware Provider
By Type
-Private
-Public
-Hybrid
By Organization
-Small
-Medium
-Large
By Application
-Payment
-Documentation
-Exchanges
-Supply Chain Management
-Digital Identity
-Others (Advertising insights, Smart Contracts, etc.)
By End User
-BFSI
-Government
-Logistics
-Healthcare
-Energy & Utilities
-Media & Entertainment
-IT & Telecom
-Retail & E-commerce
-Others (Agriculture, Manufacturing, etc.)
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Market Divided by Region/Country:
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Who are the top Companies in the Blockchain Market?
IBM, Amazon Web Services, Inc., Microsoft, SAP, Intel, Oracle, NTT Data, Accenture, Deloitte Touche Tohmatsu Limited, Consensys Systems, Huawei
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Contact Us – MarkNtel Advisors Call: +1 628 895 8081, +91 120 4278433 Email: [email protected]
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