DUBLIN–(BUSINESS WIRE)–“Vietnam Blockchain Market, by Component (Platforms and Services), by Vendor (Application, Middleware, and Infrastructure), by Type (Private, Public, and Hybrid), by Organization Size, by Application Area, by Region, Competitive Forecast and Opportunities, 2017-2027” report has been added ResearchAndMarkets.com’s Offering.
The Vietnam Blockchain market is estimated to grow at a formidable rate during the forecast period
The market growth can be attributed to the growing awareness of the benefits of buying cryptocurrency and venture capital funding in Blockchain technology companies. Market players are making more efforts to improve their services and make Blockchain technology more effective and efficient in the near future.
Growing strategic initiatives in the decentralized finance space and acceptance of cryptocurrency as payment by companies are expected to drive growth. Various market players partner with cryptocurrency solution providers to offer cryptocurrency-based payments to their customers.
Many companies are integrating artificial intelligence capabilities with Blockchain to improve their offerings and create new opportunities, fueling the growth of the Vietnam Blockchain market. The growing number of regulations to protect consumer data and the growing use of Blockchain technology in the healthcare sector to protect consumer information due to increasing incidence of data theft and breaches are helping the growth of the Vietnam Blockchain market.
Increasing digitization in all the prominent industry verticals and increasing smartphone penetration are also driving the demand for the Vietnam Blockchain market in the next five years. Advanced cyber security solutions and extensive use of Blockchain solutions to make online transactions and smart contracts are projected to drive the growth of the Vietnam Blockchain market.
The launch of bitcoin and high demand for business applications that include digital identity, smart contracts, documentation, exchange, etc. In addition, the increasing rate of deployment of Blockchain technology across prominent industry verticals such as e-commerce, banking and retail is also expected to fuel the growth of Vietnam The Blockchain Market.
An increasing number of government initiatives to develop smart cities are accelerating the use of combined technologies such as Blockchain, 5G and facial recognition sensors, which is expected to drive the growth of the Vietnam Blockchain market in the next five years. New product launches and improvements in existing products using digital ledger technology are expected to boost the growth of the Vietnam Blockchain market in the coming years.
The banking and financial services segment is expected to dominate the Blockchain market in Vietnam as many companies are investing heavily in Blockchain technologies and the emergence of new business models in various areas such as cross-border payments, remittances, internet banking, trade finance, etc. .
Top players in the Vietnam Blockchain market include Ekoios Technology, SOTATEK JSC, InApps Technology, Amaris, Hekate, QSoft Vietnam, Dwarves Foundation, Pearl Data Solutions, Chainos Solution, Techchain Software, etc.
The aim of the study:
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To analyze and forecast the market size of the Vietnam Blockchain market, in terms of value.
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To define, classify and forecast the Vietnam Blockchain market on the basis of component, vendor, type, organization size, application area. region and company.
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To identify headwinds and headwinds for the Vietnam Blockchain market.
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To investigate competitive developments such as expansions, new services, and mergers and acquisitions in the Vietnam Blockchain market.
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To strategically profile the leading players in the Vietnam Blockchain market.
Challenging landscape
Company Profiles: Detailed analysis of the major companies present in the Vietnam Blockchain market.
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Ekoios technology
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SOTATEC JSC
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InApps technology
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Amaris
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Hecate
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QSoft Vietnam
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Dwarves Foundation
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Pearl Data Solutions
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Chaino’s solution
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Techchain software
Report scope:
Years considered for this report:
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Historical years: 2017-2020
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Base year: 2021
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Estimated year: 2022E
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Forecast period: 2023F-2027F
Vietnam Blockchain Market, by Component:
Vietnam Blockchain Market, by Vendor:
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application
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Middleware
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Infrastructure
Vietnam Blockchain Market, by Type:
Vietnam Blockchain Market, by Organization Size:
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Small and medium-sized enterprises
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Large companies
Vietnam Blockchain Market, by Application:
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Transportation and logistics
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Food and agriculture
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Production
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Energy and utilities
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Health Service
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Media and entertainment
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Banking and financial services
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IT and telecom
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Second
Vietnam Blockchain Market, by Region:
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