The Global Blockchain Technology Market is poised to grow strong during the forecast period 2017 to 2026. Some

The publisher brings years of research experience to the 9th edition of this report. The 151-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global Blockchain Technology Market to Reach $19.9 Billion by 2026 Amid the COVID-19 crisis, the global market for Blockchain Technology estimated at US$2.4 Billion in the year 2020, is projected to reach a revised size of US$19.9 Billion by 2026, growing at a CAGR of 37.5% over the analysis period 2020-2026. Cryptocurrencies, one of the segments analyzed and sized in this study, is forecast to grow at over 43.7% and reach a market size of US$11.8 Billion by the end of the analysis period. The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 34.4% CAGR The Blockchain Technology market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.6 Billion by the year 2026 trailing a CAGR of 34.4% over the analysis period 2020 to 2026. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.8% and 20.9% respectively over the 2020-2026 period. Within Europe, Germany is forecast to grow at approximately 21.7% CAGR. The Financial Services Sector is Estimated at $1.0 Billion, While the Healthcare Sector is Forecast to Grow at 46.4% CAGR The Blockchain Technology market in the financial services sector is estimated at US$1.0 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2026 trailing a CAGR of 33.1% over the analysis period 2020 to 2026. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.7% and 20.9% respectively over the 2020-2026 period. Within Europe, Germany is forecast to grow at approximately 21.5% CAGR. Key Topics Covered: I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW COVID-19 Impact on Global Blockchain Technology Industry Developments in Blockchain Technology Offer Promise for Supply Chain Management Emerging Applications Create Opportunity for Blockchain Technology Distributed Ledger Technology – An Overview Blockchain Technology – A Definition Blockchain Is Not Bitcoin Decentralized vs Centralized Databases The Benefits of Blockchain Technology Blockchain Architecture Permissioned vs Permissionless Blockchains Shared vs Public Blockchains Hybrid Blockchains Consortium Blockchains How Blockchain Works What Is a Hash Function? What Is a Hash Pointer? What Is a Distributed Network? What Is a Digital Signature? What Is a Peer-To-Peer Network? What Is a Smart Contract? What Is a Decentralized Application? What Is an Initial Coin Offering (ICO)? What Is a Distributed Autonomous Organization (DAO)? What Is a Blockchain Node? How Does Blockchain Work? How Are Transactions Stored? How Are Conflicts Resolved? Consensus Mechanisms Byzantine Fault Tolerance Proof-Of-Work (PoW) Proof-Of-Stake (PoS) Practical Byzantine Fault Tolerance (PBFT) Delegated Proof-Of-Stake (DPoS) Other Consensus Mechanisms Public vs Private Blockchains Scalability of Blockchain Technology Blockchain Technology – The Future Companies Working on Blockchain Technology Blockchain Technology – Key Drivers & Restraints Blockchain Technology – Key Drivers Blockchain Technology – Key Restraints Blockchain Technology – Global Market Trajectory & Analytics Developments In Blockchain Technology Offer Promise For Supply Chain Management Emerging Applications Create Opportunity For Blockchain Technology Overview Market Trends & Drivers Increasing Proliferation of Blockchain Startups Surge in Funding for Blockchain Ventures Increasing Interest from Venture Capitalists Continuous Advancements in Blockchain Technology to Boost Blockchain Adoption Rapid Development of the Internet of Things (IoT) Growing Popularity of Decentralized Finance (DeFi) Growing Acceptance of Cryptocurrencies Increasing Use of Blockchain Technology in Retail & Consumer Goods Increasing Use of Blockchain Technology in Banking & Financial Services Increasing Use of Blockchain Technology in Government & Public Sector Increasing Use of Blockchain Technology in Healthcare Increasing Use of Blockchain Technology in Energy & Power Increasing Use of Blockchain Technology in Manufacturing & Industrial Increasing Use of Blockchain Technology in Media & Entertainment Increasing Use of Blockchain Technology in Transportation & Logistics Increasing Use of Blockchain Technology in Others Challenges & Issues Facing Blockchain Technology Lack of Standardization Lack of Interoperability Scalability Challenges Security Concerns Complex Regulatory Framework High Costs of Implementation Limited Understanding of Blockchain Technology among Businesses Lack of Skilled Blockchain Professionals Competitive Landscape Overview Blockchain Technology Market – Concentration Analytics Blockchain Technology Market – Key Company Analysis Blockchain Technology Market Share & Competitor Analysis Blockchain Technology Market – Geographies Analyzed Blockchain Technology Market – Analysis by Type of Blockchain Blockchain Technology Market – Analysis by Type of Product & Service Blockchain Technology Market – Analysis by Application Blockchain Technology Market – Analysis by Deployment Model III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS Introduction Impact of COVID-19 and a Looming Global Recession North America: Blockchain Technology Market US Canada Europe: A Larger Market Germany France U.K. Italy Spain Rest of Europe Asia-Pacific (APAC) China India Japan South Korea Rest of Asia-Pacific Rest of World Latin America Middle East & Africa IV. COMPETITION A. MAJOR PLAYERS IBM Corporation Microsoft Corporation Amazon Web Services, Inc. Accenture plc Deloitte Touche Tohmatsu Limited Infosys Limited Oracle Corporation Capgemini SE HCL Technologies Limited Tata Consultancy Services Limited B. MARKET STRUCTURE For more information about this report visit https://www.researchandmarkets.com/r/s76vzf Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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