Dublin, April 25, 2023 (GLOBE NEWSWIRE) — The “Global Blockchain in Telecom Market (2023-2028) by Vendor, Application, Organization Size and Geography, Competitive Analysis, Impact of Covid-19 with Ansoff Analysis” report added ResearchAndMarkets.com’s Offering.
The global blockchain in telecom market is estimated to be USD 307.93 million in 2023 and is expected to reach USD 1401.87 million by 2028, growing at a CAGR of 35.41%.
Market dynamics
Drivers
- Increasing support for OSS/BSS processes
- Increasing security concerns among telecommunications companies
Limitations
- Increasing concerns related to users’ authenticity
- Uncertain regulatory status and lack of common standards
Possibilities
- Blockchain technology helps the telecom sector with fraud management
- Extensive use of blockchain solutions in the IoT area
- Increasing use of the Blockchain technology for the implementation of 5G technology
Challenges
- Lack of awareness about the Blockchain technology
- Lack of understanding about the blockchain concept, skill sets and technical knowledge
Market segmentations
The global blockchain in telecom market is segmented based on vendor, organization size, applications, and geography.
- By provider, the market is classified into application providers, middleware providers and infrastructure providers
- By organization size, the market is classified into OSS/BSS processes, identity management, payments, smart contracts, connectivity provisioning and other wireless personal networks
- By applications, the market is classified into small and medium enterprises and large enterprises
- By geography, the market is classified into the Americas, Europe, the Middle East and Africa, and Asia Pacific.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the listed companies in the market. The report also provides detailed information on the companies’ latest development and competitive scenario. Some of the companies covered in this report are IBM Corp., Oracle Corp., AWS, etc.
Surveyed countries
- Americas (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, USA, Rest of America)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia Pacific)
Competitive quadrant
The report includes a Competitive Quadrant, a proprietary tool for analyzing and evaluating the position of companies based on their industry position and market performance scores. The tool uses various factors to categorize the players into four categories. Some of these factors considered for analysis are financial results in the last 3 years, growth strategies, innovation results, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis of the Global Blockchain in Telecom Market. The Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for company growth. The matrix can be used to evaluate approaches in four strategies, viz. Market development, market penetration, product development and diversification. The matrix is also used for risk analysis to understand the risk associated with each approach.
The analyst analyzes the global blockchain in telecom market using the Ansoff matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and the industry players, the analyst has developed appropriate strategies for market growth.
Why buy this report?
- The report provides a comprehensive evaluation of the global blockchain in telecom market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size estimates. The estimates are calculated using proven research methodologies.
- The report has been prepared through extensive primary and secondary research. The primary research is done through interviews, surveys and observations by recognized personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE analysis and the Ansoff matrix. In addition, the impact of COVID-19 and the impact of economic downturn and impending recession on the market are also discussed in the report.
- The report also includes the regulatory scenario in the industry, which will help you make an informed decision. The report discusses major regulatory bodies and important rules and regulations imposed on this sector across different geographies.
- The report also includes a competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.
The report’s highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations for companies to strengthen their foothold in the market
Key Attributes:
| Report attribute | Details |
| Number of pages | 164 |
| Forecast period | 2023–2028 |
| Estimated market value (USD) in 2023 | $307.93 million |
| Projected market value (USD) by 2028 | 1401.87 million dollars |
| Compound annual growth rate | 35.4% |
| Regions covered | Global |
Key topics covered:
1 Report description
2 Research methodology
3 Summary
4 Market dynamics
5 Market analysis
6 Global blockchain in the telecoms market, by supplier
7 Global blockchain in the telecom market, by organization size
8 Global Blockchain in Telecom Market, by Applications
9 America’s blockchain in the telecom market
10 Europe’s blockchain in the telecoms market
11 The Middle East and Africa’s blockchain in the telecom market
12 APAC’s blockchain in the telecom market
13 Competitive landscape
14 Company profiles
15 Appendix
Companies mentioned
- Oracle Corp.
- Microsoft
- SAP SE
- IBM Corp.
- AWS
- Bit fury
- Cegeka
- Respond
- Shockcard
- Auxesis group
- Blockchain foundry
- BlockCypher
- Blocko
- Blockpoint
- Blockstream
- Filament
- Huawei
- Record holder
- Sophocles Technologies
- SpinSys
- Tbcasoft
- Abra
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Global blockchain in the telecom market
