Blockchain Market – Opportunities & Forecast, 2020-2027

1. Report Title Blockchain Market – Opportunities & Forecast, 2020- 2027 GMI Research GMI Research See the Future Insights 1

2. GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study. List of Significant Manufacturers in the Blockchain Market include: •Amazon Web Services, Inc. •International Business Machines Corporation •Microsoft Corporation •Earthport •Intel Corporation •Blockchain Tech Ltd. •The Linux Foundation •Bitfury USA, Inc. •Digital Asset Holdings •Chain Inc. Blockchain Market Drivers and Restraints: The blockchain is a distributed digital ledger system that holds all transactions and shares the data safely with all network participants. Each record is referred to as the ledger in the blockchain system, and each data exchange is known as a transaction. In the ledger, the verified transaction is inserted and is known as a block. The key factor responsible for the growth of the blockchain market includes the requirement for data security and transparency. The transaction cannot be changed once added to the blockchain ledger. Blockchain technology is witnessing strong growth in numerous industries such as healthcare, retail, BFSI, and government due to the factors such as secured data transfer, decreased fraud, restricted risk of phishing, and data hacking. For example, in October 2018, Nuggets (e-commerce payments and ID platform provider) entered a partnership with Devery (product provenance and verification blockchain provider) to develop a blockchain product, particularly for the supply chain industry. On the other 2

3. hand, rigorous government regulations and lack of standards are hampering the market growth. Segmentation: Blockchain Market Blockchain Market: By Type •Private Blockchain •Public Blockchain Blockchain Market: By Application •Payments •Smart Contracts •Digital Identity •Governance •Risk and Compliance Management •Others Blockchain Market: By Organization size •Large Enterprises •Small & Medium Enterprises (SMEs) Blockchain Market: By End-Users •BFSI •Healthcare •Retail •Government •IT & Telecom •Other Blockchain Market: By Region •North America oUnited States of America oCanada •Asia Pacific 3

4. oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4