DUBLIN–(BUSINESS WIRE)–“Blockchain Distributed Ledger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added ResearchAndMarkets.com’s Offering.
The global blockchain distributed ledger market reached USD 3.5 billion in 2021. Looking ahead, the publisher expects the market to reach USD 20.6 billion by 2027, showing a CAGR of 34.37% during 2021-2027.
Companies mentioned
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Accenture PLC
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AlphaPoint
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Amazon Web Services Inc. (Amazon.com Inc.)
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Auxesis Services & Technologies Ltd.
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Digital Asset Holdings LLC
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Huawei Technologies Co. Ltd.
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Intel Corporation
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International Business Machines Corporation
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iXLedger
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NTT DATA Corporation (The Nippon Telegraph Telephone Corporation)
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Visa Inc.
Considering the uncertainty of COVID-19, we continuously track and evaluate the direct as well as the indirect impact of the pandemic on various end-use industries. This insight is included in the report as a major market contributor.
Blockchain distributed ledger refers to a decentralized database that is shared across a network spread over a number of geographic locations. It stores and records resources and transactions through a peer-to-peer network. The data is protected through cryptography, which is locked in linked and secured blocks.
The technology is mainly used to perform payments, smart contracts, supply chain management, compliance management and trade finance. It helps speed up data transfer and eliminates the need for a third party in business processes and provides improved capital optimization and security measurement.
Rapid digitization of industries worldwide is one of the key factors creating positive prospects for market growth. Moreover, increasing demand for advanced technological solutions to minimize fraudulent activities, data theft and financial losses is driving the growth of the market.
Due to the outbreak of the coronavirus (Covid-19) pandemic, organizations are increasingly adopting blockchain distributed ledgers to create, store and manage their data online. In addition, various technological advances, such as the integration of connected devices with the Internet of Things (IoT), cloud computing and artificial intelligence (AI), act as other growth-inducing factors.
These innovative technologies help improve data security, prevent identity theft and data tampering, and minimize unauthorized access to users’ sensitive data. Other factors, including significant improvements in information technology (IT) infrastructure, along with extensive research and development (R&D) activities, are expected to propel the market towards growth.
Important questions answered in this report:
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How has the global blockchain distributed ledger market performed so far and how will it perform in the coming years?
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What has been the impact of COVID-19 on the global blockchain distributed ledger market?
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What are the most important regional markets?
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What is the division of the market based on the component?
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What is the breakdown of the market based on type?
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What is the division of the market based on company size?
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What is the market segmentation based on application?
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What is the division of the market based on end-use industry?
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What are the different stages in the value chain of the industry?
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What are the most important driving factors and challenges in the industry?
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What is the structure of the Global Blockchain Distributed Ledger Market and who are the key players?
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What is the degree of competition in the industry?
Key topics covered:
1 Preface
2 Scope and methodology
3 Summary
4 Introduction
4.1 Overview
4.2 Important industry trends
5 Global Blockchain Distributed Ledger Market
5.1 Market overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market forecast
6 Market division by component
7 Market division by type
8 Market division by company size
9 Market division by application
10 Market division by end-use industry
11 Market distribution by region
12 SWOT analysis
13 Value chain analysis
14 Porter’s Five Forces Analysis
15 Price analysis
16 Competitive landscape
16.1 Market structure
16.2 Key Players
16.3 Profiles of Key Players
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