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Blockchain is a digital and decentralized ledger which keeps a record of all transactions that take place across a peer-to-peer network. Data is stored in block format which is cryptographically secured and cannot be altered by altering subsequent blocks. Blockchain is used for recording transactions made with cryptocurrencies, such as bitcoin, litcoin, ethereum, and many more.
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January 2020
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Global Blockchain Market: Industry, Size, Share, Growth, Trends and Forecast, 2019–2029
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
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Report Snippet
Chapter 1 : Table of Contents
Chapter 3: Market Dynamics Chapter 4: Global Blockchain Market, By Type
Chapter 2: Market Purview
Chapter 5: Global Blockchain Market, By Component Chapter 6: Global Blockchain Market, By Enterprise
Chapter 7: Global Blockchain Market, By Application Chapter 8: Global Blockchain Market, By End-User
Chapter 9: Global Blockchain Market, By Region Chapter 10: Competitive Analysis
Chapter 11: Company Profiles Chapter 12: Research Methodology
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Market Segmentation
Source: Prophecy Market Insights
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Global Blockchain Market
By Type By Component Application &
Solution Infrastructure Middleware
By Region Public Blockchain Private Blockchain Hybrid Blockchain
Small & Medium Enterprise
Large Enterprise
By Enterprise North America Europe Asia Pacific Latin America Middle East &
Africa
By Application Digital Identity Exchanges Payments &
Documentations Smart Contracts Supply Chain
Management Governance, Risk &
Compliance Management
Others
By End-User Banking, Financial &
Insurance Healthcare & Life
Sciences Media &
Documentations Retail & E-Commerce Government Transportation &
Logistics Real Estate Others
Global Blockchain Market
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Executive Summary (3/5)
Blockchain is the underlying technology that originated in the form of a public ledger to keep a track of all crypto currency transactions.
The technology works as an electronic transaction-processing and record-keeping system. This allows various participants that are connected to the network, usually public, to track information through a secure network, thereby eliminating the need for any kind of third-party verification.
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DescriptionFigure 2.1: Global Blockchain Market Value Share (%), By Type – 2019 (E)
By type, the ABC segment is accounted for major value share XX.X% in 2019. The XYZ segment is accounted for the second highest value share XX.X% in 2019 in the target market.
Analysis
Source: Prophecy Market Insights
Public
Private
Hybrid
XX.X%
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Executive Summary (4/5)
Analysis and Outcomes
Analysis and Outcome
Figure 2.3: Global Blockchain Market Value Share (%), By Enterprise – 2019 (E)
Source: Prophecy Market Insights
Figure 2.2: Global Blockchain Market Value Share (%), By Component – 2019 (E)
Application & Solutions
Infrastructure
Middleware
XX.X% XX.X%Large Enterprise
Small & Medium Enterprise
XX.X%
The application & solution segment is anticipated to grow at the highest CAGR of from 2019 to 2029. This growth can be attributed by ability of the providers to deliver the services to enterprises by offering timely authentication and reconciliation and reducing the data duplication.
The small & medium enterprises segment is expected to grow at the highest CAGR over the forecast period, owing to the increasing demand for streamlining business processes cost-effectively across small & medium businesses.
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Report Description
Report Description
Source: Prophecy Market Insights
The global blockchain technology market size is expected to reach USD XXX million by 2029, registering a CAGR of XX% from 2019 to 2029. Blockchain is the underlying technology that originated in the form of a public ledger to keep a track of all crypto currency transactions. The technology works as an electronic transaction-processing and record-keeping system.
The market is expected to grow rapidly owing to numerous benefits that it provides, such as eradication of the requirement of a financial institution to validate transactions, reduce duplicative recordkeeping, eliminate reconciliation, minimize error rates, and facilitate faster settlement.
Global Blockchain Market – Sample Request
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Market Dynamics
Source: Prophecy Market Insights
Driver
Increasing Popularity of Blockchain Technology in Retail and Supply Chain Management
Blockchain Technology Reduces Operational Costs
Increasing Venture Capital Funding and Investments in Blockchain Technology
Opportunity
Blockchain Technology Simplifies Business Processes and Creates Transparency and Immutability
High Adoption of Blockchain Solutions for Payments, Smart Contracts, and Digital Identities
Extensive Use of Blockchain Solutions in IoT, Banking, and Cyber security
Restrain
Uncertain Regulatory and Compliance Environment
Security, Privacy, and Control Issues
Opposition From Incumbent Technologies
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About Us
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Who we are:
Prophecy is a specialized market research, analytics, marketing and business strategy, and Locations company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible Locations to overcome them and transform their business.
Prophecy’s expertize area covers Deployments, services, latest trends, developments, market growth factors, and challenges along with market forecast in various business areas such as Healthcare, Pharmaceutical, Biotechnology, Information Technology (IT),Viral infection, Farm (SMEs), Chemical, Agriculture, Food and Beverage, Energy, and Oil and Gas. We also offer various other services such as, data mining, information management, and revenue enhancement suggestions.
We are a team of dedicated and impassioned individuals, who believe strongly in giving our very best to what we do and we never return down from any challenge. At prophecy we cater to industries, individuals, and organizations across the globe and deliver our offerings in the shortest possible turnaround time.
Our well defined approach ensures our clients will receive unique competitive advantage, and secure and long lasting results.
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