The Global Blockchain Technology Market

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Global Blockchain Technology Market 2023-2027. The blockchain technology market is estimated to grow at USD 11047.61 million during 2022-2027, accelerating at a CAGR of 32.72% during the forecast period.

New York, June 05, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Global Blockchain Technology Market 2023-2027” report –
The blockchain technology market report provides a comprehensive analysis, market size and forecast, trends, growth drivers and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased risk capital funding and investment in blockchain technology, easier access to technology and disintermediation of banking services.

Blockchain technology market is segmented as below:
By end user
• BFSI
• The authorities
• Health Service
• Others

By type
• Private
• Public
• Hybrid

By Geographical Landscape
• North America
• Europe
• APAC
• South America
• The Middle East and Africa

This study identifies the high adoption of blockchain solutions for payments as one of the main reasons for the growth of the blockchain technology market over the next few years. Also the emergence of artificial intelligence and the emergence of blockchain as a service will lead to a significant demand in the market.
The blockchain technology market report covers the following areas:
• Sizing the market for blockchain technology
• Blockchain technology market forecast
• Blockchain Technology Market Industry Analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blockchain technology market vendors that include Accenture Plc, Amazon.com Inc., Amcon Soft, Ara Soft Group LLC , Capgemini Service SAS, Cargoledger, ConsenSys Software Inc., Deloitte Touche Tohmatsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Infosys Ltd., Intel Corp., International Business Machines Corp. , OpenLedger, Oracle Corp., PixelPlex Ltd, SAP SE, Tata Sons Pvt. Ltd., and Wipro Ltd.. The blockchain technology market analysis report also includes information on upcoming trends and challenges that will impact market growth. This is to help companies strategize and exploit all future growth opportunities.
The study was conducted using an objective combination of primary and secondary information including input from key industry participants. The report contains a comprehensive market and supplier landscape in addition to an analysis of the key suppliers.
The publisher presents a detailed picture of the market by studying, synthesizing and summarizing data from multiple sources by analyzing key parameters such as profits, prices, competition and promotions. It presents various market facets by identifying key industry influencers. The data presented is comprehensive, reliable and the result of extensive research – both primary and secondary. The market research reports provide a complete competitive landscape and in-depth vendor selection methodology and analysis using qualitative and quantitative research to accurately forecast market growth.
Read the full report:

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