Blockchain Distributed Ledger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Blockchain Distributed Ledger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • November 2021 •
  • 147 pages •
  • Report ID: 6185687 •
  • Format: PDF
The global blockchain distributed ledger market exhibited robust growth during 2015-2020.

Looking forward, the analyst expects the market to grow at a CAGR of 54% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Blockchain distributed ledger refers to a decentralized database shared across a network spread over numerous geographical locations. It stores and records resources and transactions through a peer-to-peer network. The data is protected through cryptography, which gets locked in linked and secured blocks. The technology is majorly used for making payments, smart contracts, supply chain management, compliance management and trade finance. It aids in increasing the speed of data transfer and eliminates the need for a third party in the business processes and provides improved capital optimization and security measurement.

Blockchain Distributed Ledger Market Trends:
Rapid digitization of the industries across the globe is one of the key factors creating a positive outlook for the market growth. Moreover, increasing demand for advanced technological solutions to minimize fraudulent activities, data theft and financial losses is providing a thrust to the growth of the market. Due to the onset of coronavirus (Covid-19) pandemic, organizations are increasingly adopting blockchain distributed ledgers to create, store and manage their data online. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT), cloud computing and artificial intelligence (AI) solutions, are acting as other growth-inducing factors. These innovative technologies aid in enhancing data security, preventing identity thefts and data tempering and minimizing unauthorized access to sensitive data of the users. Other factors, including significant improvements in the information technology (IT) infrastructure, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global blockchain distributed ledger market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, component, type, enterprise size, application and end use industry.

Breakup by Component:
Solution
Service

Breakup by Type:
Private
Public
Hybrid

Breakup by Enterprise Size:
Large Enterprises
Small and Medium Enterprises

Breakup by Application:
Payments
Smart Contracts
Supply Chain Management
Compliance Management
Trade Finance
Others

Breakup by End Use Industry:
BFSI
Government and Public Sector
Manufacturing
Retail and E-Commerce
Media and Entertainment
Transportation and Logistics
Healthcare
Energy and Utilities
Others

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture PLC, AlphaPoint, Amazon Web Services Inc. (Amazon.com Inc.), Auxesis Services & Technologies Ltd., Digital Asset Holdings LLC, Huawei Technologies Co. Ltd., Intel Corporation, International Business Machines Corporation, iXLedger, NTT DATA Corporation (The Nippon Telegraph and Telephone Corporation) and Visa Inc.

Key Questions Answered in This Report:
How has the global blockchain distributed ledger market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global blockchain distributed ledger market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the type?
What is the breakup of the market based on the enterprise size?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global blockchain distributed ledger market and who are the key players?
What is the degree of competition in the industry?