Blockchain Market

Blockchain Market by Component (Platforms and Services), Provider (Application, Middleware, and Infrastructure), Type (Public, Private, and Hybrid), Organization Size(SMEs and Large Organizations), Application, and Region - Global Forecast to 2027

Report Code: TC 4638 Mar, 2023, by marketsandmarkets.com

Blockchain Market Analysis & Report Summary, Global Size

The global Blockchain Market size was reasonably estimated to be approximately $7.4 billion in 2022 and is poised to generate revenue over $94.0 billion by the end of 2027, projecting a CAGR of around 66.2% from 2022 to 2027.

The new research study consists of a market industry trend analysis. The new research study includes pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and market buying behaviour. Demand for blockchain technology in retail, banking and supply chain is expected to fuel market growth. Moreover, limited availability of technical skillset to implement blockchain technology may hinder the blockchain market growth.

Blockchain Market

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Blockchain Market Growth Dynamics

Driver: Increasing venture capital funding and investments in blockchain technology

Adoption of blockchain technology solutions has achieved massive popularity during the last 2–3 years for various business applications such as payments, exchanges, smart contracts, documentation, and digital identity. Investments by venture capitalists in the blockchain technology increased during the first half of 2022. In 2021, the total capital inflows in the blockchain space were USD 30.5 billion. In 2022, this amount was surpassed by July. The total inflows by July 2022 were USD 31.3 billion in blockchain investments. With 616 deals, Web3 was the most popular sector of the blockchain industry for investment, while DeFi was the second most popular with 299 deals in 2022. Another example is the blockchain startup Diamond Standard, which raised USD 30 million in a funding round led by Left Lane and Horizon Kinetics. Investments declined during the second half of 2022. Significant disruptions in the crypto asset markets contributed to a slowdown in venture investments in the blockchain ecosystem.

Investments by venture capitalists in the blockchain technology increased during the first half of 2022. In 2021, the total capital inflows in the blockchain space were USD 30.5 billion. In 2022, this amount was surpassed by July. The total inflows by July 2022 were USD 31.3 billion in blockchain investments. With 616 deals, Web3 was the most popular sector of the blockchain industry for investment, while DeFi was the second most popular with 299 deals in 2022. Another example is the blockchain startup Diamond Standard, which raised USD 30 million in a funding round led by Left Lane and Horizon Kinetics. Investments declined during the second half of 2022. Significant disruptions in the crypto asset markets contributed to a slowdown in venture investments in the blockchain ecosystem.

Restraint: Uncertain regulatory and compliance environment

Regulatory acceptance is one of the largest challenges in transforming transaction systems. the largest restraining factors for the adoption of blockchain among most verticals is lack of regulations and the resulting uncertainties. Use of ICOs is banned by some countries. Regulatory bodies need to understand what is lacking in current regulations and how they impact the overall technological applications. Financial institutions across the globe are putting efforts to find common standards for the blockchain technology.

The distributed ledger technology is still at a nascent stage, which raises some questions for regulators and policymakers, both, at national and international levels. As the overall technology cannot be regulated , It makes regulators skeptical about the potential of the blockchain IoT technology. only technological use cases can be regulated. For example, payments, smart contracts, documentation, and digital identity. Owing to issues such as standardization and interoperability, the regulatory status of the blockchain technology remains uncertain. The uncertain regulations are impacting the blockchain market.

Opportunity:Increasing government initiatives to boost demand for blockchain platforms and services

In the last few years, the blockchain technology has drawn the attention of various stakeholders across verticals. Owing to the increased interest in this technology, various government bodies are investing in research activities to devise blockchain solutions; the government sector witnesses multiple transactions and exchanges for information every day. This information may be related to disbursements, procurements, sales, fees, fines, certifications, or approvals. Different government entities across the globe have started adopting blockchain solutions to improve transparency and efficiency in their operations and enhance the overall experience of public service delivery. The blockchain technology enables recording transactions on distributed ledgers; this offers several potential applications to government agencies for increasing transparency, preventing frauds, and improving efficiency in their operations. The Estonian government is one of the early adopters of the blockchain technology in the European region. China’s efforts to dominate the blockchain technology are highlighted by the volume of blockchain-related patents. Nearly 33,000 patents have been filed by China while the US filed over 10,000 patents. China is accelerating its applications to gain an enduring, first-mover advantage.

Challenge: Security, privacy, and control of blockchain transactions

The blockchain technology transform and revolutionize transactions. but to experience these benefits, organizations have to overcome certain security, privacy, and control challenges. The transactions are recorded in a distributed public ledger. A larger attack surface can be beneficial for Hackers to gain access to critical and sensitive data. If a blockchain based solution is used to store confidential contract information/payment data, replicating the file could potentially offer hackers more opportunities to access it. Hackers can access the database in a hub-and-spoke model as well as in a distributed database by compromising the key. The problems related to privacy in blockchain solutions is the major reason for the lower deployment of cryptographic solutions.

By organization size, large enterprises to account for largest market share during forecast period

Organizations with 1,000 or more employees are categorized as large enterprises. From its initiation, the blockchain technology has gained the interest of enterprises worldwide and has witnessed various experiments majorly conducted by large enterprises in collaboration with technology providers. Most of the major Fortune 500 companies ranging from BFSI to retail and eCommerce and from manufacturing to transportation are exploring the blockchain technology for its various benefits in business operations and data security. Some of the major enterprises experimenting with the blockchain technology are Walmart, Maersk, DHL, CGS, Dole, Nestlé, World Wildlife Fund, and the UN. Another factor contributing to the high market share of large enterprises in the blockchain market is the high R&D investments in developing the best-fit technology to enhance an organization’s business efficiency. Large enterprises have the advantage of sufficient capital and other resources to incorporate newer technologies, enabling them to take the lead in the blockchain market.

Blockchain Market Ecosystem

Blockchain Market Size, and Share

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By Region, North America Is expected to hold highest market share during forecast period

Blockchain Market Size, and Share

The large number of blockchain suppliers in North America has made it the dominant region in the global blockchain market. As the region has strong economic countries such as the US and Canada, it offers the most significant and advanced technological infrastructure. Even in terms of market size, North America is one of the major regional contributors to the global blockchain market. The presence of significant players in this region including IBM, AWS, LeewayHertz, and others is one of the primary drivers boosting the growth of the blockchain market in North America. Companies in this region are developing blockchain technology solutions to enhance the customer experience. Governments have also taken initiatives to spread awareness about the blockchain technology such as arranging Blockchain Expos around the world as the demand for the blockchain technology rises and business operations become simpler. Government organizations such as the National Institute of Standards and Technology (NIST) are another example. NIST has been exploring the blockchain technology on various levels including protocols, security guarantees, and cryptographic methods, as well as use cases, applications, and existing services. The findings of the study have been published in scholarly journals, experimentation software, and recommendations for next NIST initiatives in this area. The blockchain technology can be incorporated into a wide range of other systems in addition to manufacturing supply chains, data registries, digital identity, and record management.

Key Market Players:

The key players in the global blockchain industry include IBM (US), AWS (US), Oracle (US), Huawei (China), Accenture (Ireland), Wipro (India), Infosys (India), TCS (India), SAP (Germany), Intel (US), ConsenSys (US), NTT DATA (Japan), Bitfury (Netherlands), Guardtime (Estonia), Chain (Saint Kitts and Nevis), VMware (US), SpinSys (US), LeewayHertz (US), R3 (US), Cegeka (Netherlands), Symbiont (US), BigchainDB (Germany), Applied Blockchain (UK), RecordsKeeper (US), Blockpoint (US), Auxesis Group (India), Blockchain Foundry (Canada), Factom (US), Stratis (UK), Dragonchain (US).

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Scope of the Report

Report Metrics

Details

Market Size Value in 2022

$7.4 billion

Revenue Forecast Size in 2027

$94 billion

Growth Rate

66.2% CAGR

Key Growth Drivers

Increasing venture capital funding and investments in blockchain technology

Key Opportunities

Increasing government initiatives to boost demand for blockchain platforms and services

Period for Which Market Size Has Been Studied

2018–2027

Base Year Considered

2021

Forecast Period

2022–2027

Forecast Units

Value (USD Million/USD Billion)

Segments Covered

By Component, Provider, Type, Organization size, Application and Region

Geographies Covered

North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America

Top Players

IBM (US), AWS (US), Oracle (US), Huawei (China), Accenture (Ireland), Wipro (India), Infosys (India), TCS (India), SAP (Germany), Intel (US), ConsenSys (US), NTT DATA (Japan)

Other Players

Bitfury, Guardtime, Blockcypher, Vmware, Spinsys, Leewayhertz, R3, Cegeka, Symbiont, Bigchaindb, Applied Blockchain, Recordskeeper, Blockpoint, Auxesis Group, Blockchain Foundry, Factom, Stratis, Dragonchain

Blockchain Technology Market Segmentation:

Blockchain Market Size, and Share

Blockchain Market Size, and Share

Recent Developments:

  • In January 2023, AWS partners with Ava Labs. This partnership is expected to scale blockchain adoption across enterprises, institutions, and governments. Avalanche blockchain infrastructure and decentralized applications (DApps) are expected to be supported by AWS.
  • In August 2022, InfStones and Oracle collaborated to accelerate Web3 development by integrating InfStones’ leading blockchain development platform with Oracle Cloud Infrastructure (OCI).
  • In May 2022, Huawei signed a Memorandum of Understanding (MoU) with ChainUp. This partnership is expected to work to jointly promote the development of the blockchain technology within the Fintech ecosystem in Singapore.
  • In November 2022, NTT DOCOMO and Accenture partnered to accelerate the adoption and application of Web3 for addressing social issues.
  • In November 2022, Infosys partnered with VMware to launch the Blockchain-based Vital Records Management Solution. In this partnership, Infosys leveraged VMware Blockchain for Ethereum for the verification of vital records.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 40)
    1.1 STUDY OBJECTIVES 
    1.2 Blockchain Technology Market DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 BLOCKCHAIN INDUSTRY SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 BLOCKCHAIN MARKET SEGMENTATION, BY APPLICATION
           1.3.3 REGIONS COVERED
    1.4 YEARS CONSIDERED 
    1.5 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES, 2018–2022
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 47)
    2.1 RESEARCH DATA 
           FIGURE 1 BLOCKCHAIN MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakup of primary profiles
                    2.1.2.2 Key industry insights
    2.2 DATA TRIANGULATION 
           FIGURE 2 RESEARCH FLOW
    2.3 BLOCKCHAIN INDUSTRY SIZE ESTIMATION 
           2.3.1 REVENUE ESTIMATES
                    FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF PLATFORMS/SERVICES OF BLOCKCHAIN VENDORS (SUPPLY SIDE)
                    FIGURE 4 Blockchain Technology Market SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY—TOP-DOWN APPROACH (DEMAND SIDE): SHARE OF BLOCKCHAIN IN OVERALL INFORMATION TECHNOLOGY MARKET
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY—TOP-DOWN APPROACH: DEMAND-SIDE ANALYSIS
    2.4 BLOCKCHAIN INDUSTRY FORECAST 
           TABLE 2 FACTOR ANALYSIS
    2.5 IMPACT OF RECESSION AND RESEARCH ASSUMPTIONS 
           2.5.1 IMPACT OF RECESSION
           2.5.2 RESEARCH ASSUMPTIONS
    2.6 LIMITATIONS OF STUDY 
 
3 EXECUTIVE SUMMARY (Page No. - 59)
    FIGURE 7 EVOLUTION: BLOCKCHAIN MARKET 
    TABLE 3 BLOCKCHAIN INDUSTRY SIZE AND GROWTH, 2018–2021 (USD MILLION, Y-O-Y %) 
    TABLE 4 Blockchain Market Size AND GROWTH, 2022–2027 (USD MILLION, Y-O-Y %) 
    FIGURE 8 GLOBAL BLOCKCHAIN INDUSTRY TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD 
    FIGURE 9 FASTEST-GROWING SEGMENTS OF MARKET 
    FIGURE 10 NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2022 
 
4 PREMIUM INSIGHTS (Page No. - 66)
    4.1 OVERVIEW OF BLOCKCHAIN MARKET 
           FIGURE 11 HIGH INVESTMENTS BY ENTERPRISES AND GOVERNMENT INITIATIVES TO DRIVE MARKET
    4.2 MARKET, BY COMPONENT 
           FIGURE 12 PLATFORMS SEGMENT ACCOUNTED FOR DOMINANT SHARE IN 2022
    4.3 MARKET, BY PROVIDER 
           FIGURE 13 APPLICATION PROVIDERS SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2022
    4.4 MARKET, BY TYPE 
           FIGURE 14 PRIVATE BLOCKCHAIN SEGMENT REGISTERED LARGEST MARKET SHARE IN 2022
    4.5 MARKET, BY ORGANIZATION SIZE 
           FIGURE 15 LARGE ENTERPRISES WITNESSED HIGHER USE OF BLOCKCHAIN IN 2022
    4.6 MARKET, BY APPLICATION 
           FIGURE 16 BANKING & FINANCIAL SERVICES TO LEAD BLOCKCHAIN MARKET DURING FORECAST PERIOD
    4.7 MARKET INVESTMENT SCENARIO 
           FIGURE 17 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS
 
5 BLOCKCHAIN TECHNOLOGY MARKET OVERVIEW AND BLOCKCHAIN INDUSTRY TRENDS (Page No. - 70)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN BLOCKCHAIN MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Increasing venture capital funding and investments in blockchain technology
                               FIGURE 19 BLOCKCHAIN INVESTMENTS, 2018–2022 (USD BILLION)
                               FIGURE 20 MONTH-WISE BLOCKCHAIN INVESTMENTS, 2022 (USD BILLION)
                               FIGURE 21 SECTOR-WISE BLOCKCHAIN DEAL COUNT, 2022
                    5.2.1.2 Growing demand in retail, SCM, and banking applications for secure and transparent transactions
                    5.2.1.3 Simplification of processes, along with transparency, security, and immutability
                    5.2.1.4 High adoption of blockchain solutions for payments, smart contracts, and digital identities
                    5.2.1.5 Lower operational costs
           5.2.2 RESTRAINTS
                    5.2.2.1 Uncertain regulatory and compliance environment
                    5.2.2.2 High costs of implementing blockchain technology
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing government initiatives to boost demand for blockchain platforms and services
                    5.2.3.2 Amalgamation of blockchain, IoT, and AI
                    5.2.3.3 Rising demand for real-time data analysis, enhanced visibility, and proactive maintenance
                    5.2.3.4 Potential of blockchain technology in novel industries
                               5.2.3.4.1 Blockchain gaming
                               5.2.3.4.2 Seafood tracking
                               5.2.3.4.3 Trucking
                               TABLE 5 APPLICATIONS OF BLOCKCHAIN
           5.2.4 CHALLENGES
                    5.2.4.1 Security, privacy, and control of blockchain transactions
                    5.2.4.2 Limited availability of technical skillsets to implement blockchain technology
                    5.2.4.3 Opposition from incumbents
    5.3 REGULATIONS IMPLEMENTED FOR BLOCKCHAIN TECHNOLOGY 
           TABLE 6 BLOCKCHAIN REGULATORY BODIES AND REGULATIONS
           TABLE 7 BLOCKCHAIN REGULATIONS/ASSOCIATIONS AND DESCRIPTION
    5.4 STEPS IN IMPLEMENTATION OF BLOCKCHAIN TECHNOLOGY 
           FIGURE 22 IMPLEMENTATION OF BLOCKCHAIN TECHNOLOGY IN ANY ORGANIZATION
    5.5 COMPARISON BETWEEN CENTRALIZED/PERMISSIONED VERSUS DECENTRALIZED/PERMISSIONLESS BLOCKCHAIN 
           TABLE 8 PERMISSIONLESS BLOCKCHAIN VERSUS PERMISSIONED BLOCKCHAIN
           TABLE 9 BLOCKCHAIN TYPOLOGY
           FIGURE 23 BLOCKCHAIN TYPOLOGY
           FIGURE 24 TYPES OF BLOCKCHAIN
           5.5.1 TYPES OF BLOCKCHAIN TECHNOLOGY
                    5.5.1.1 Private blockchain
                    5.5.1.2 Public blockchain
                    5.5.1.3 Permissioned/Hybrid blockchain
    5.6 ECOSYSTEM 
           FIGURE 25 BLOCKCHAIN PROVIDER ECOSYSTEM
           5.6.1 ROLE IN ECOSYSTEM
                    TABLE 10 BLOCKCHAIN MARKET ECOSYSTEM
    5.7 VALUE CHAIN ANALYSIS 
           FIGURE 26 VALUE CHAIN
           5.7.1 COMPONENT/HARDWARE SUPPLIERS
           5.7.2 PLANNING AND DESIGN
           5.7.3 INFRASTRUCTURE AND DEPLOYMENT
           5.7.4 SOLUTION AND SERVICE PROVIDERS
           5.7.5 SYSTEM INTEGRATORS
           5.7.6 SALES AND DISTRIBUTION CHANNELS
           5.7.7 END USERS
    5.8 PATENT ANALYSIS 
           FIGURE 27 PATENT ANALYSIS
    5.9 AVERAGE SELLING PRICE/PRICING MODEL OF BLOCKCHAIN PLAYERS 
           FIGURE 28 COST PERCENTAGE FOR PHASES OF DEVELOPMENT OF BLOCKCHAIN MARKET
           FIGURE 29 AVERAGE SELLING PRICE MODEL OF MARKET
    5.10 TECHNOLOGY ANALYSIS 
           5.10.1 BLOCKCHAIN AND INTERNET OF THINGS
           5.10.2 BLOCKCHAIN AND CLOUD
           5.10.3 BLOCKCHAIN AND ARTIFICIAL INTELLIGENCE
                    TABLE 11 BLOCKCHAIN AI APPLICATIONS
           5.10.4 BIG DATA ANALYTICS
    5.11 USE CASES 
           5.11.1 SMART DUBAI INITIATIVE USES BLOCKCHAIN TECHNOLOGY FOR SMART TRANSFORMATION
           5.11.2 ID2020 PARTNERSHIP
           5.11.3 BLOCKCHAIN PROJECT FOR SUPPLY CHAIN AND INVENTORY MANAGEMENT
           5.11.4 ADOPTION OF BLOCKCHAIN TECHNOLOGY ESOLUTIONS BY ESTONIAN GOVERNMENT
           5.11.5 USE OF BLOCKCHAIN FOR SMART CONTRACTS
           5.11.6 IBM PARTNERED WITH WALMART (US) TO TRACK PORK IN CHINA AND MANGOES IN US TO ENSURE FOOD SAFETY
           5.11.7 BLOCKCHAIN FOR KNOW YOUR CUSTOMER COMPLIANCE IN RETAIL
           5.11.8 BLOCKCHAIN TECHNOLOGY FOR AUTOMATED CUSTOMER SERVICES
           5.11.9 BLOCKCHAIN PROJECT FOR SUPPLY CHAIN AND INVENTORY MANAGEMENT
                    5.11.10 USE CASE 1: TO LEVERAGE INNOVATIVE TECHNOLOGIES SUCH AS BLOCKCHAIN, AI, AND IOT TO TRANSFORM SUPPLY CHAIN OPERATIONS IN HEALTHCARE INDUSTRY
                    5.11.11 USE CASE 2: TO REDUCE WASTAGE OF FOOD BY IMPROVING FOOD SAFETY AND TRACEABILITY, AND HELP ONLINE AND OFFLINE CONSUMERS GLOBALLY
                    5.11.12 USE CASE 3: BLOCKCHAIN HELPS RCS GLOBAL TRACE RESPONSIBLY PRODUCED RAW MATERIALS
                    5.11.13 USE CASE 4: CARREFOUR SA JOINED IBM’S BLOCKCHAIN-BASED FOOD TRUST NETWORK
                    5.11.14 USE CASE 5: VIRGIN DIAMOND USED NETOBJEX’S DIGITAL TWIN PLATFORM
                    5.11.15 USE CASE 6: CURRY & COMPANY TEAMED WITH INTEL’S INTEGRATED BLOCKCHAIN-BASED IOT SOLUTION TO TRACK PERISHABLE GOODS
                    5.11.16 USE CASE 7: BUMBLE BEE SEAFOODS COLLABORATED WITH SAP TO TRACE A FISH SUPPLY CHAIN IN INDONESIAN VILLAGE
                    5.11.17 USE CASE 8: GROUP OF BANKS LEVERAGED IBM’S BLOCKCHAIN PLATFORM FOR EASE IN MAKING GLOBAL PAYMENTS
                    5.11.18 USE CASE 9: SAUDI CUSTOMS USED BLOCKCHAIN TECHNOLOGY FOR PILOT SHIPMENT
                    5.11.19 USE CASE 10: ICICI BANK AND EMIRATES NBD PARTNERED WITH EDGEVERVE FINACLE TO PILOT FIRST BLOCKCHAIN-BASED NETWORK
                    5.11.20 USE CASE 11: ARAB JORDAN INVESTMENT BANK (AJIB) LEVERAGES ORACLE BLOCKCHAIN PLATFORM FOR CROSS-BORDER MONEY TRANSFERS
    5.12 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
                    FIGURE 30 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
    5.13 BLOCKCHAIN ASSOCIATIONS AND CONSORTIUMS 
           5.13.1 ENTERPRISE ETHEREUM ALLIANCE
           5.13.2 HYPERLEDGER CONSORTIUM
           5.13.3 GLOBAL BLOCKCHAIN BUSINESS COUNCIL
           5.13.4 BLOCKCHAIN COLLABORATIVE CONSORTIUM
           5.13.5 R3CEV BLOCKCHAIN CONSORTIUM
           5.13.6 CONTINUOUS LINKED SETTLEMENT GROUP
           5.13.7 GLOBAL PAYMENTS STEERING GROUP
           5.13.8 FINANCIAL BLOCKCHAIN SHENZHEN CONSORTIUM
           5.13.9 CU LEDGER
                    5.13.10 WALL STREET BLOCKCHAIN ALLIANCE
                    5.13.11 OTHER ASSOCIATIONS
    5.14 PORTER’S FIVE FORCES ANALYSIS 
                    FIGURE 31 PORTER’S FIVE FORCES ANALYSIS: BLOCKCHAIN MARKET
                    TABLE 12 PORTER’S FIVE FORCES ANALYSIS: BLOCKCHAIN INDUSTRY
           5.14.1 THREAT OF NEW ENTRANTS
           5.14.2 THREAT OF SUBSTITUTES
           5.14.3 BARGAINING POWER OF SUPPLIERS
           5.14.4 BARGAINING POWER OF BUYERS
           5.14.5 INTENSITY OF COMPETITIVE RIVALRY
    5.15 KEY CONFERENCES AND EVENTS IN 2023–2024 
                    TABLE 13 LIST OF CONFERENCES AND EVENTS, 2023–2024
 
6 BLOCKCHAIN LAYERS (Page No. - 115)
    6.1 INTRODUCTION 
           TABLE 14 BLOCKCHAIN LAYERS
    6.2 LAYER 0 
    6.3 LAYER 1 
    6.4 LAYER 2 
    6.5 LAYER 3 
 
7 BLOCKCHAIN MARKET, BY COMPONENT (Page No. - 119)
    7.1 INTRODUCTION 
           FIGURE 32 BLOCKCHAIN SERVICES SEGMENT TO WITNESS HIGHER CAGR DURING FORECAST PERIOD
           TABLE 15 BLOCKCHAIN INDUSTRY, BY COMPONENT, 2018–2021 (USD MILLION)
           TABLE 16 MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
    7.2 PLATFORMS 
           7.2.1 ENABLE ENTERPRISES TO BUILD BLOCKCHAIN-BASED APPLICATIONS
           7.2.2 PLATFORMS: Blockchain Market Size DRIVERS
                    TABLE 17 PLATFORMS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 18 PLATFORMS: MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.3 SERVICES 
           7.3.1 SERVICES ENSURE SEAMLESS DEPLOYMENT AND MAINTENANCE OF BLOCKCHAIN TECHNOLOGY AMONG BUSINESSES
           7.3.2 SERVICES: BLOCKCHAIN MARKET DRIVERS
                    FIGURE 33 DEVELOPMENT & INTEGRATION SERVICES SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
                    TABLE 19 SERVICES: BLOCKCHAIN INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 20 SERVICES: MARKET, BY REGION, 2022–2027 (USD MILLION)
                    TABLE 21 Blockchain Market Size, BY SERVICES, 2018–2021 (USD MILLION)
                    TABLE 22 Blockchain Market Size, BY SERVICES, 2022–2027 (USD MILLION)
           7.3.3 TECHNOLOGY ADVISORY & CONSULTING SERVICES
                    TABLE 23 TECHNOLOGY ADVISORY & CONSULTING SERVICES: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 24 TECHNOLOGY ADVISORY & CONSULTING SERVICES: MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.3.4 DEVELOPMENT & INTEGRATION SERVICES
                    TABLE 25 DEVELOPMENT & INTEGRATION SERVICES: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 26 DEVELOPMENT & INTEGRATION SERVICES: BLOCKCHAIN INDUSTRY, BY REGION, 2022–2027 (USD MILLION)
           7.3.5 SUPPORT & MAINTENANCE
                    TABLE 27 SUPPORT & MAINTENANCE: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 28 SUPPORT & MAINTENANCE: MARKET, BY REGION, 2022–2027 (USD MILLION)
 
8 BLOCKCHAIN MARKET, BY PROVIDER (Page No. - 129)
    8.1 INTRODUCTION 
           FIGURE 34 APPLICATION PROVIDERS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 29 BLOCKCHAIN INDUSTRY, BY PROVIDER, 2018–2021 (USD MILLION)
           TABLE 30 MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
    8.2 APPLICATION PROVIDERS 
           8.2.1 BLOCKCHAIN PLATFORM AIDS BUSINESSES TO BUILD AND RUN APPLICATIONS EASILY AND QUICKLY
           8.2.2 APPLICATION PROVIDERS: MARKET DRIVERS
                    TABLE 31 APPLICATION PROVIDERS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 32 APPLICATION PROVIDERS: MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.3 INFRASTRUCTURE PROVIDERS 
           8.3.1 HELP MANAGE BACKEND OPERATIONS OF BLOCKCHAIN APPLICATION FOR BUSINESSES
           8.3.2 INFRASTRUCTURE PROVIDERS: BLOCKCHAIN INDUSTRY DRIVERS
                    TABLE 33 INFRASTRUCTURE PROVIDERS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 34 INFRASTRUCTURE PROVIDERS: MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.4 MIDDLEWARE PROVIDERS 
           8.4.1 BLOCKCHAIN MIDDLEWARE ENSURES DEVELOPERS BUILD APPLICATIONS AND INTERFACES FASTER
           8.4.2 MIDDLEWARE PROVIDERS: BLOCKCHAIN INDUSTRY DRIVERS
                    TABLE 35 MIDDLEWARE PROVIDERS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 36 MIDDLEWARE PROVIDERS: MARKET, BY REGION, 2022–2027 (USD MILLION)
 
9 BLOCKCHAIN MARKET, BY TYPE (Page No. - 135)
    9.1 INTRODUCTION 
           FIGURE 35 HYBRID SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
           TABLE 37 Blockchain Market Size, BY TYPE, 2018–2021 (USD MILLION)
           TABLE 38 MARKET, BY TYPE, 2022–2027 (USD MILLION)
    9.2 PUBLIC 
           9.2.1 FREE FOR ALL TO JOIN AND PARTICIPATE IN CORE ACTIVITIES OF BLOCKCHAIN NETWORK
           9.2.2 PUBLIC: Blockchain Market Size DRIVERS
                    TABLE 39 PUBLIC: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 40 PUBLIC: MARKET, BY REGION, 2022–2027 (USD MILLION)
    9.3 PRIVATE 
           9.3.1 ALLOWS ONLY SELECTED AND VERIFIED PARTICIPANTS TO JOIN BLOCKCHAIN NETWORK
           9.3.2 PRIVATE: MARKET DRIVERS
                    TABLE 41 PRIVATE: BLOCKCHAIN INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 42 PRIVATE: Blockchain Market Size, BY REGION, 2022–2027 (USD MILLION)
    9.4 HYBRID 
           9.4.1 BLEND OF ESSENTIAL FEATURES OF BOTH PUBLIC BLOCKCHAIN AND PRIVATE BLOCKCHAIN TO MAKE TRANSACTIONS MORE SECURE
           9.4.2 HYBRID: MARKET DRIVERS
                    TABLE 43 HYBRID: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 44 HYBRID: Blockchain Market Size, BY REGION, 2022–2027 (USD MILLION)
 
10 BLOCKCHAIN MARKET, BY ORGANIZATION SIZE (Page No. - 142)
     10.1 INTRODUCTION 
               FIGURE 36 SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
               TABLE 45 Blockchain Market Size, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
               TABLE 46 MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
     10.2 SMALL AND MEDIUM-SIZED ENTERPRISES 
             10.2.1 HELP ACCELERATE GROWTH AND DEVELOPMENT OF SMALL BUSINESSES
             10.2.2 SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET DRIVERS
                       TABLE 47 SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 48 SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET, BY REGION, 2022–2027 (USD MILLION)
     10.3 LARGE ENTERPRISES 
             10.3.1 DEPLOY BLOCKCHAIN FOR GREATER TRUST AND TRACEABILITY
             10.3.2 LARGE ENTERPRISES: MARKET DRIVERS
                       TABLE 49 LARGE ENTERPRISES: BLOCKCHAIN INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 50 LARGE ENTERPRISES: MARKET, BY REGION, 2022–2027 (USD MILLION)
 
11 BLOCKCHAIN MARKET, BY APPLICATION (Page No. - 147)
     11.1 INTRODUCTION 
               FIGURE 37 RETAIL & ECOMMERCE APPLICATION TO REGISTER HIGHEST CAGR
               TABLE 51 Blockchain Market Size, BY APPLICATION, 2018–2021 (USD MILLION)
               TABLE 52 MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
     11.2 TRANSPORTATION & LOGISTICS 
             11.2.1 INCREASED EFFICIENCY ACROSS MOVEMENT OF RAW MATERIAL AND INVENTORY MANAGEMENT USING MOBILITY SOLUTIONS
             11.2.2 TRANSPORTATION & LOGISTICS: MARKET DRIVERS
                       TABLE 53 TRANSPORTATION & LOGISTICS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 54 TRANSPORTATION & LOGISTICS: MARKET, BY REGION, 2022–2027 (USD MILLION)
             11.2.3 APPLICATIONS IN TRANSPORTATION & LOGISTICS
                       TABLE 55 MARKET IN TRANSPORTATION & LOGISTICS, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 56 Blockchain Market Size IN TRANSPORTATION & LOGISTICS, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
                       11.2.3.1 Smart contracts
                       11.2.3.2 Financing
                       11.2.3.3 Mobility solutions
                       11.2.3.4 Other transportation & logistics applications
     11.3 AGRICULTURE & FOOD 
             11.3.1 BOOST TO SUSTAINABLE FOOD ECOSYSTEM AND FOOD CERTIFICATION
             11.3.2 AGRICULTURE & FOOD: BLOCKCHAIN MARKET DRIVERS
                       TABLE 57 AGRICULTURE & FOOD: MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 58 AGRICULTURE & FOOD: MARKET, BY REGION, 2022–2027 (USD MILLION)
             11.3.3 APPLICATIONS IN AGRICULTURE & FOOD
                       TABLE 59 Blockchain Market Size IN AGRICULTURE & FOOD, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 60 MARKET IN AGRICULTURE & FOOD, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
                       11.3.3.1 Product traceability, tracking & visibility
                       11.3.3.2 Payment & settlement
                       11.3.3.3 Smart contracts
                       11.3.3.4 Improved quality control & food safety
     11.4 MANUFACTURING 
             11.4.1 USE OF SMART TAGS AND RFID SENSORS, ALONG WITH BLOCKCHAIN TECHNOLOGY, ENSURES TRACEABILITY IN MANUFACTURING INDUSTRY
             11.4.2 MANUFACTURING: BLOCKCHAIN MARKET DRIVERS
                       TABLE 61 MANUFACTURING: MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 62 MANUFACTURING: MARKET, BY REGION, 2022–2027 (USD MILLION)
             11.4.3 APPLICATIONS IN MANUFACTURING
                       TABLE 63 Blockchain Market Size IN MANUFACTURING, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 64 MARKET IN MANUFACTURING, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
                       11.4.3.1 Predictive maintenance
                       11.4.3.2 Asset tracking & management
                       11.4.3.3 Business process optimization
                       11.4.3.4 Logistics & supply chain management
                       11.4.3.5 Quality control & compliance
                       11.4.3.6 Other manufacturing applications
     11.5 ENERGY & UTILITIES 
             11.5.1 POWER GRID SUPPLY AND CRITICAL INFRASTRUCTURE MANAGEMENT TO GAIN TRACTION USING BLOCKCHAIN TECHNOLOGY
             11.5.2 ENERGY & UTILITIES: BLOCKCHAIN MARKET DRIVERS
                       TABLE 65 ENERGY & UTILITIES: MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 66 ENERGY & UTILITIES: MARKET, BY REGION, 2022–2027 (USD MILLION)
             11.5.3 APPLICATIONS IN ENERGY & UTILITIES
                       TABLE 67 Blockchain Market Size IN ENERGY & UTILITIES, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 68 MARKET IN ENERGY & UTILITIES, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
                       11.5.3.1 Grid management
                       11.5.3.2 Energy trading
                       11.5.3.3 GRC management
                       11.5.3.4 Payment schemes
                       11.5.3.5 Supply chain management
                       11.5.3.6 Other energy & utility applications
     11.6 HEALTHCARE & LIFE SCIENCES 
             11.6.1 NEED TO SECURE CRITICAL PATIENT DATA ACROSS NODES TO BOOST SEGMENT GROWTH
             11.6.2 HEALTHCARE & LIFE SCIENCES: MARKET DRIVERS
                       TABLE 69 HEALTHCARE & LIFE SCIENCES: MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 70 HEALTHCARE & LIFE SCIENCES: MARKET, BY REGION, 2022–2027 (USD MILLION)
             11.6.3 APPLICATIONS IN HEALTHCARE & LIFE SCIENCES
                       TABLE 71 MARKET IN HEALTHCARE & LIFE SCIENCES, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 72 MARKET IN HEALTHCARE & LIFE SCIENCES, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
                       11.6.3.1 Clinical data exchange & interoperability
                       11.6.3.2 Supply chain management
                       11.6.3.3 Claims adjudication & billing management
                       11.6.3.4 Other healthcare & life science applications
     11.7 MEDIA, ADVERTISING & ENTERTAINMENT 
             11.7.1 TRACTION ACROSS DIGITAL ADVERTISING APPLICATIONS USING BLOCKCHAIN-BASED SMART CONTRACTS
             11.7.2 MEDIA, ADVERTISING & ENTERTAINMENT: BLOCKCHAIN MARKET DRIVERS
                       TABLE 73 MEDIA, ADVERTISING & ENTERTAINMENT: MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 74 MEDIA, ADVERTISING & ENTERTAINMENT: MARKET, BY REGION, 2022–2027 (USD MILLION)
             11.7.3 APPLICATIONS IN MEDIA, ADVERTISING & ENTERTAINMENT
                       TABLE 75 Blockchain Market Size IN MEDIA, ADVERTISING & ENTERTAINMENT, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 76 MARKET IN MEDIA, ADVERTISING & ENTERTAINMENT, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
                       11.7.3.1 Licensing & rights management
                       11.7.3.2 Digital advertising
                       11.7.3.3 Smart contracts
                       11.7.3.4 Content security
                       11.7.3.5 Online gaming
                       11.7.3.6 Payments
                       11.7.3.7 Other media, advertising & entertainment applications
     11.8 BANKING & FINANCIAL SERVICES 
             11.8.1 RISING DEMAND FOR DECENTRALIZED BANKING PLATFORMS TO DRIVE MARKET
             11.8.2 BANKING & FINANCIAL SERVICES: BLOCKCHAIN MARKET DRIVERS
                       TABLE 77 Blockchain Market Size IN BANKING & FINANCIAL SERVICES, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 78 MARKET IN BANKING & FINANCIAL SERVICES, BY REGION, 2022–2027 (USD MILLION)
             11.8.3 APPLICATIONS IN BANKING & FINANCIAL SERVICES
                       TABLE 79 MARKET IN BANKING & FINANCIAL SERVICES, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 80 MARKET IN BANKING & FINANCIAL SERVICES, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
                       11.8.3.1 Payments, clearing & settlement
                       11.8.3.2 Exchanges & remittance
                       11.8.3.3 Smart contracts
                       11.8.3.4 Identity management
                       11.8.3.5 Compliance management/KYC
                       11.8.3.6 Other banking & financial service applications
     11.9 INSURANCE 
             11.9.1 AUTOMATION ACROSS INSURANCE AND RISK MANAGEMENT TO BOOST SALES
             11.9.2 INSURANCE: MARKET DRIVERS
                       TABLE 81 BLOCKCHAIN MARKET IN INSURANCE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 82 Blockchain Market Size IN INSURANCE, BY REGION, 2022–2027 (USD MILLION)
             11.9.3 APPLICATIONS IN INSURANCE
                       TABLE 83 MARKET IN INSURANCE, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 84 MARKET IN INSURANCE, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
                       11.9.3.1 GRC management
                       11.9.3.2 Death & claims management
                       11.9.3.3 Payments
                       11.9.3.4 Identity management & fraud detection
                       11.9.3.5 Smart contracts
                       11.9.3.6 Other insurance applications
     11.10 IT & TELECOM 
               11.10.1 URGE TO PROTECT SENSITIVE TELECOM DATA TO FUEL SEGMENT GROWTH
               11.10.2 IT & TELECOM: MARKET DRIVERS
                                   TABLE 85 BLOCKCHAIN MARKET IN IT & TELECOM, BY REGION, 2018–2021 (USD MILLION)
                                   TABLE 86 MARKET IN IT & TELECOM, BY REGION, 2022–2027 (USD MILLION)
               11.10.3 APPLICATIONS IN IT & TELECOM
                                   TABLE 87 MARKET IN IT & TELECOM, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 88 MARKET IN IT & TELECOM, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
                       11.10.3.1 OSS/BSS processes
                       11.10.3.2 Identity management
                       11.10.3.3 Payments
                       11.10.3.4 Smart contracts
                       11.10.3.5 Connectivity provisioning
                       11.10.3.6 Other IT & telecom applications
     11.11 RETAIL & ECOMMERCE 
               11.11.1 AUTOMATION ACROSS RETAIL CHANNELS FOR CURBING DATA THEFT TO PROPEL GROWTH
               11.11.2 RETAIL & ECOMMERCE: MARKET DRIVERS
                                   TABLE 89 Blockchain Market Size IN RETAIL & ECOMMERCE, BY REGION, 2018–2021 (USD MILLION)
                                   TABLE 90 MARKET IN RETAIL & ECOMMERCE, BY REGION, 2022–2027 (USD MILLION)
               11.11.3 APPLICATIONS IN RETAIL & ECOMMERCE
                                   TABLE 91 Blockchain Market Size IN RETAIL & ECOMMERCE, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 92 MARKET IN RETAIL & ECOMMERCE, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
            11.11.3.1 Compliance management
            11.11.3.2 Identity management
            11.11.3.3 Loyalty & rewards management
            11.11.3.4 Payments
            11.11.3.5 Smart contracts
            11.11.3.6 Supply chain management
            11.11.3.7 Other retail & eCommerce applications
     11.12 GOVERNMENT 
               11.12.1 RISE IN CONCERNS ABOUT IDENTITY THEFT AND BUSINESS FRAUD TO DRIVE SEGMENT GROWTH
               11.12.2 GOVERNMENT: BLOCKCHAIN MARKET DRIVERS
                                   TABLE 93 MARKET IN GOVERNMENT, BY REGION, 2018–2021 (USD MILLION)
                                   TABLE 94 MARKET IN GOVERNMENT, BY REGION, 2022–2027 (USD MILLION)
               11.12.3 APPLICATIONS IN GOVERNMENT
                                   TABLE 95 MARKET IN GOVERNMENT, BY SUB-APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 96 MARKET IN GOVERNMENT, BY SUB-APPLICATION, 2022–2027 (USD MILLION)
            11.12.3.1 Asset registry
            11.12.3.2 Identity management
            11.12.3.3 Payments
            11.12.3.4 Smart contracts
            11.12.3.5 Voting
     11.13 REAL ESTATE & CONSTRUCTION 
               11.13.1 TENANCY AGREEMENTS CREATED USING SMART CONTRACTS TO EASE PROCESS OF TRANSACTIONS BETWEEN BOTH PARTIES
               11.13.2 REAL ESTATE & CONSTRUCTION: MARKET DRIVERS
                                   TABLE 97 Blockchain Market Size IN REAL ESTATE & CONSTRUCTION, BY REGION, 2018–2021 (USD MILLION)
                                   TABLE 98 MARKET IN REAL ESTATE & CONSTRUCTION, BY REGION, 2022–2027 (USD MILLION)
               11.13.3 APPLICATIONS IN REAL ESTATE & CONSTRUCTION
            11.13.3.1 Tokenization & asset management
            11.13.3.2 Smart contracts
            11.13.3.3 Other real estate & construction applications
     11.14 OTHER APPLICATION AREAS 
                       TABLE 99 Blockchain Market Size IN OTHER APPLICATION AREAS, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 100 MARKET IN OTHER APPLICATION AREAS, BY REGION, 2022–2027 (USD MILLION)
 
12 MARKET, BY REGION (Page No. - 203)
     12.1 INTRODUCTION 
               FIGURE 38 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
               TABLE 101 MARKET, BY REGION, 2018–2021 (USD MILLION)
               TABLE 102 MARKET, BY REGION, 2022–2027 (USD MILLION)
     12.2 NORTH AMERICA 
             12.2.1 NORTH AMERICA: Blockchain Market Size DRIVERS
             12.2.2 NORTH AMERICA: IMPACT OF RECESSION
             12.2.3 NORTH AMERICA: REGULATORY LANDSCAPE
                       FIGURE 39 NORTH AMERICA: BLOCKCHAIN MARKET SNAPSHOT
                       TABLE 103 NORTH AMERICA: MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 104 NORTH AMERICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 105 NORTH AMERICA: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                       TABLE 106 NORTH AMERICA: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                       TABLE 107 NORTH AMERICA: Blockchain Market Size, BY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 108 NORTH AMERICA: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 109 NORTH AMERICA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 110 NORTH AMERICA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 111 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 112 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 113 NORTH AMERICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 114 NORTH AMERICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                       TABLE 115 NORTH AMERICA: Blockchain Market Size, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 116 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.2.4 US
                       12.2.4.1 Blockchain technology adopted by US federal government to streamline and modernize processes
                                   TABLE 117 US: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 118 US: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 119 US: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 120 US: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 121 US: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 122 US: Blockchain Market Size, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 123 US: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 124 US: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 125 US: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 126 US: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 127 US: Blockchain Market Size, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 128 US: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.2.5 CANADA
                       12.2.5.1 Growth in digital technologies and internet to drive blockchain adoption
                                   TABLE 129 CANADA: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 130 CANADA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 131 CANADA: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 132 CANADA: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 133 CANADA: Blockchain Market Size, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 134 CANADA: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 135 CANADA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 136 CANADA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 137 CANADA: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 138 CANADA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 139 CANADA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 140 CANADA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
     12.3 EUROPE 
             12.3.1 EUROPE: MARKET DRIVERS
             12.3.2 EUROPE: IMPACT OF RECESSION
             12.3.3 EUROPE: REGULATORY LANDSCAPE
                       TABLE 141 EUROPE: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 142 EUROPE: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 143 EUROPE: Blockchain Market Size, BY SERVICES, 2018–2021 (USD MILLION)
                       TABLE 144 EUROPE: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                       TABLE 145 EUROPE: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 146 EUROPE: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 147 EUROPE: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 148 EUROPE: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 149 EUROPE: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 150 EUROPE: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 151 EUROPE: Blockchain Market Size, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 152 EUROPE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                       TABLE 153 EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 154 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.3.4 UK
                       12.3.4.1 UK government using blockchain for risk management and secure financial transactions
                                   TABLE 155 UK: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 156 UK: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 157 UK: Blockchain Market Size, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 158 UK: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 159 UK: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 160 UK: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 161 UK: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 162 UK: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 163 UK: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 164 UK: Blockchain Market Size, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 165 UK: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 166 UK: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.3.5 GERMANY
                       12.3.5.1 Government and local communities paving way for development of blockchain ecosystem
                                   TABLE 167 GERMANY: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 168 GERMANY: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 169 GERMANY: Blockchain Market Size, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 170 GERMANY: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 171 GERMANY: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 172 GERMANY: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 173 GERMANY: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 174 GERMANY: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 175 GERMANY: Blockchain Market Size, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 176 GERMANY: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 177 GERMANY: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 178 GERMANY: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.3.6 FRANCE
                       12.3.6.1 Utilization of AI, IoT, and blockchain for industrial revolution and digital transformation
                                   TABLE 179 FRANCE: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 180 FRANCE: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 181 FRANCE: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 182 FRANCE: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 183 FRANCE: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 184 FRANCE: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 185 FRANCE: Blockchain Market Size, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 186 FRANCE: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 187 FRANCE: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 188 FRANCE: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 189 FRANCE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 190 FRANCE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.3.7 REST OF EUROPE
                       TABLE 191 REST OF EUROPE: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 192 REST OF EUROPE: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 193 REST OF EUROPE: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                       TABLE 194 REST OF EUROPE: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                       TABLE 195 REST OF EUROPE: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 196 REST OF EUROPE: Blockchain Market Size, BY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 197 REST OF EUROPE: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 198 REST OF EUROPE: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 199 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 200 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 201 REST OF EUROPE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 202 REST OF EUROPE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
     12.4 ASIA PACIFIC 
             12.4.1 ASIA PACIFIC: Blockchain Market Size DRIVERS
             12.4.2 ASIA PACIFIC: IMPACT OF RECESSION
             12.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE
                       FIGURE 40 ASIA PACIFIC: BLOCKCHAIN MARKET SNAPSHOT
                       TABLE 203 ASIA PACIFIC: MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 204 ASIA PACIFIC: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 205 ASIA PACIFIC: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                       TABLE 206 ASIA PACIFIC: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                       TABLE 207 ASIA PACIFIC: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 208 ASIA PACIFIC: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 209 ASIA PACIFIC: Blockchain Market Size, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 210 ASIA PACIFIC: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 211 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 212 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 213 ASIA PACIFIC: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 214 ASIA PACIFIC: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                       TABLE 215 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 216 ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.4.4 CHINA
                       12.4.4.1 Chinese government supports the use of blockchain
                                   TABLE 217 CHINA: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 218 CHINA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 219 CHINA: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 220 CHINA: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 221 CHINA: Blockchain Market Size, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 222 CHINA: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 223 CHINA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 224 CHINA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 225 CHINA: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 226 CHINA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 227 CHINA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 228 CHINA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.4.5 JAPAN
                       12.4.5.1 Rapid movement toward supply chain 4.0 driving blockchain adoption
                                   TABLE 229 JAPAN: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 230 JAPAN: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 231 JAPAN: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 232 JAPAN: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 233 JAPAN: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 234 JAPAN: Blockchain Market Size, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 235 JAPAN: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 236 JAPAN: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 237 JAPAN: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 238 JAPAN: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 239 JAPAN: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 240 JAPAN: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.4.6 AUSTRALIA AND NEW ZEALAND
                       12.4.6.1 Blockchain technology to revolutionize Australian financial sector
                                   TABLE 241 AUSTRALIA AND NEW ZEALAND: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 242 AUSTRALIA AND NEW ZEALAND: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 243 AUSTRALIA AND NEW ZEALAND: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 244 AUSTRALIA AND NEW ZEALAND: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 245 AUSTRALIA AND NEW ZEALAND: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 246 AUSTRALIA AND NEW ZEALAND: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 247 AUSTRALIA AND NEW ZEALAND: Blockchain Market Size, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 248 AUSTRALIA AND NEW ZEALAND: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 249 AUSTRALIA AND NEW ZEALAND: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 250 AUSTRALIA AND NEW ZEALAND: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 251 AUSTRALIA AND NEW ZEALAND: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 252 AUSTRALIA AND NEW ZEALAND: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.4.7 SINGAPORE
                       12.4.7.1 Utilization of blockchain technology in airlines and education sector
                                   TABLE 253 SINGAPORE: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 254 SINGAPORE: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 255 SINGAPORE: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 256 SINGAPORE: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 257 SINGAPORE: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 258 SINGAPORE: Blockchain Market Size, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 259 SINGAPORE: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 260 SINGAPORE: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 261 SINGAPORE: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 262 SINGAPORE: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 263 SINGAPORE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 264 SINGAPORE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.4.8 REST OF ASIA PACIFIC
                       TABLE 265 REST OF ASIA PACIFIC: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 266 REST OF ASIA PACIFIC: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 267 REST OF ASIA PACIFIC: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                       TABLE 268 REST OF ASIA PACIFIC: Blockchain Market Size, BY SERVICES, 2022–2027 (USD MILLION)
                       TABLE 269 REST OF ASIA PACIFIC: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 270 REST OF ASIA PACIFIC: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 271 REST OF ASIA PACIFIC: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 272 REST OF ASIA PACIFIC: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 273 REST OF ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 274 REST OF ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 275 REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 276 REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
     12.5 MIDDLE EAST & AFRICA 
             12.5.1 MIDDLE EAST & AFRICA: MARKET DRIVERS
             12.5.2 MIDDLE EAST & AFRICA: IMPACT OF RECESSION
             12.5.3 MIDDLE EAST & AFRICA: REGULATORY LANDSCAPE
                       TABLE 277 MIDDLE EAST & AFRICA: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 278 MIDDLE EAST & AFRICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 279 MIDDLE EAST & AFRICA: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                       TABLE 280 MIDDLE EAST & AFRICA: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                       TABLE 281 MIDDLE EAST & AFRICA: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 282 MIDDLE EAST & AFRICA: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 283 MIDDLE EAST & AFRICA: Blockchain Market Size, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 284 MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 285 MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 286 MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 287 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 288 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                       TABLE 289 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 290 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.5.4 UAE
                       12.5.4.1 Efforts to adopt latest technologies and innovative practices to boost blockchain adoption
                                   TABLE 291 UAE: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 292 UAE: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 293 UAE: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 294 UAE: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 295 UAE: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 296 UAE: Blockchain Market Size, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 297 UAE: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 298 UAE: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 299 UAE: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 300 UAE: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 301 UAE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 302 UAE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.5.5 KINGDOM OF SAUDI ARABIA
                       12.5.5.1 Investments and fundings to boost blockchain usage in financial sector
                                   TABLE 303 KINGDOM OF SAUDI ARABIA: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 304 KINGDOM OF SAUDI ARABIA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 305 KINGDOM OF SAUDI ARABIA: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 306 KINGDOM OF SAUDI ARABIA: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 307 KINGDOM OF SAUDI ARABIA: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 308 KINGDOM OF SAUDI ARABIA: Blockchain Market Size, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 309 KINGDOM OF SAUDI ARABIA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 310 KINGDOM OF SAUDI ARABIA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 311 KINGDOM OF SAUDI ARABIA: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 312 KINGDOM OF SAUDI ARABIA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 313 KINGDOM OF SAUDI ARABIA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 314 KINGDOM OF SAUDI ARABIA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.5.6 ISRAEL
                       12.5.6.1 Growing startups in the blockchain technology space
                                   TABLE 315 ISRAEL: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 316 ISRAEL: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 317 ISRAEL: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 318 ISRAEL: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 319 ISRAEL: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 320 ISRAEL: Blockchain Market Size, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 321 ISRAEL: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 322 ISRAEL: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 323 ISRAEL: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 324 ISRAEL: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 325 ISRAEL: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 326 ISRAEL: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.5.7 SOUTH AFRICA
                       12.5.7.1 Rising awareness about blockchain technology
                                   TABLE 327 SOUTH AFRICA: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 328 SOUTH AFRICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 329 SOUTH AFRICA: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 330 SOUTH AFRICA: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 331 SOUTH AFRICA: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 332 SOUTH AFRICA: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 333 SOUTH AFRICA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 334 SOUTH AFRICA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 335 SOUTH AFRICA: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 336 SOUTH AFRICA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 337 SOUTH AFRICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 338 SOUTH AFRICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.5.8 REST OF MIDDLE EAST & AFRICA
                       12.5.8.1 Organizations adopting inorganic strategies to utilize blockchain technology
                                   TABLE 339 REST OF MIDDLE EAST & AFRICA: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 340 REST OF MIDDLE EAST & AFRICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 341 REST OF MIDDLE EAST & AFRICA: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 342 REST OF MIDDLE EAST & AFRICA: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 343 REST OF MIDDLE EAST & AFRICA: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 344 REST OF MIDDLE EAST & AFRICA: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 345 REST OF MIDDLE EAST & AFRICA: Blockchain Market Size, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 346 REST OF MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 347 REST OF MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 348 REST OF MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 349 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 350 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
     12.6 LATIN AMERICA 
             12.6.1 LATIN AMERICA: MARKET DRIVERS
             12.6.2 LATIN AMERICA: IMPACT OF RECESSION
             12.6.3 LATIN AMERICA: REGULATORY LANDSCAPE
                       TABLE 351 LATIN AMERICA: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 352 LATIN AMERICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 353 LATIN AMERICA: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                       TABLE 354 LATIN AMERICA: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                       TABLE 355 LATIN AMERICA: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 356 LATIN AMERICA: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 357 LATIN AMERICA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 358 LATIN AMERICA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 359 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 360 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 361 LATIN AMERICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 362 LATIN AMERICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                       TABLE 363 LATIN AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 364 LATIN AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.6.4 BRAZIL
                       12.6.4.1 Integration of blockchain technology with digital identity application, documents, and authenticity/identity verification
                                   TABLE 365 BRAZIL: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 366 BRAZIL: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 367 BRAZIL: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 368 BRAZIL: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 369 BRAZIL: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 370 BRAZIL: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 371 BRAZIL: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 372 BRAZIL: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 373 BRAZIL: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 374 BRAZIL: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 375 BRAZIL: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 376 BRAZIL: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.6.5 MEXICO
                       12.6.5.1 Government agencies to utilize blockchain capabilities
                                   TABLE 377 MEXICO: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                                   TABLE 378 MEXICO: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                                   TABLE 379 MEXICO: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                                   TABLE 380 MEXICO: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                                   TABLE 381 MEXICO: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                                   TABLE 382 MEXICO: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                                   TABLE 383 MEXICO: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 384 MEXICO: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 385 MEXICO: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                                   TABLE 386 MEXICO: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                                   TABLE 387 MEXICO: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 388 MEXICO: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.6.6 REST OF LATIN AMERICA
                       TABLE 389 REST OF LATIN AMERICA: BLOCKCHAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 390 REST OF LATIN AMERICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 391 REST OF LATIN AMERICA: MARKET, BY SERVICES, 2018–2021 (USD MILLION)
                       TABLE 392 REST OF LATIN AMERICA: MARKET, BY SERVICES, 2022–2027 (USD MILLION)
                       TABLE 393 REST OF LATIN AMERICA: MARKET, BY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 394 REST OF LATIN AMERICA: MARKET, BY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 395 REST OF LATIN AMERICA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 396 REST OF LATIN AMERICA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 397 REST OF LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 398 REST OF LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 399 REST OF LATIN AMERICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 400 REST OF LATIN AMERICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
 
13 COMPETITIVE LANDSCAPE (Page No. - 317)
     13.1 OVERVIEW 
     13.2 HISTORICAL REVENUE ANALYSIS 
               FIGURE 41 FIVE-YEAR REVENUE ANALYSIS OF BLOCKCHAIN PLATFORM AND SERVICE VENDORS (USD MILLION)
     13.3 REVENUE SHARE ANALYSIS OF LEADING PLAYERS 
               FIGURE 42 REVENUE ANALYSIS OF MARKET
     13.4 MARKET SHARE ANALYSIS OF KEY PLAYERS 
               TABLE 401 DEGREE OF COMPETITION
     13.5 RANKING OF KEY PLAYERS 
               FIGURE 43 RANKING OF KEY BLOCKCHAIN MARKET PLAYERS
     13.6 COMPANY EVALUATION QUADRANT 
             13.6.1 COMPANY EVALUATION QUADRANT DEFINITIONS AND METHODOLOGY
     13.7 COMPETITIVE BENCHMARKING 
             13.7.1 COMPANY FOOTPRINT
                       TABLE 402 COMPANY COMPONENT FOOTPRINT
                       TABLE 403 COMPANY APPLICATION FOOTPRINT
                       TABLE 404 COMPANY REGIONAL FOOTPRINT
     13.8 COMPETITIVE LEADERSHIP MAPPING 
             13.8.1 STARS
             13.8.2 EMERGING LEADERS
             13.8.3 PERVASIVE PLAYERS
             13.8.4 PARTICIPANTS
                       FIGURE 44 BLOCKCHAIN MARKET, COMPANY EVALUATION QUADRANT
     13.9 STARTUP/SME EVALUATION QUADRANT 
             13.9.1 PROGRESSIVE COMPANIES
             13.9.2 RESPONSIVE COMPANIES
             13.9.3 DYNAMIC COMPANIES
             13.9.4 STARTING BLOCKS
                       FIGURE 45 MARKET, STARTUP/SME EVALUATION QUADRANT
     13.10 COMPETITIVE BENCHMARKING OF STARTUPS/SMES 
               TABLE 405 LIST OF STARTUPS/SMES
               TABLE 406 SME/STARTUP: COMPANY REGION FOOTPRINT
     13.11 KEY MARKET DEVELOPMENTS 
                       TABLE 407 MARKET: PRODUCT LAUNCHES
                       TABLE 408 BLOCKCHAIN MARKET: DEALS
 
14 COMPANY PROFILES (Page No. - 338)
     14.1 KEY PLAYERS 
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
             14.1.1 IBM
                       TABLE 409 IBM: COMPANY OVERVIEW
                       FIGURE 46 IBM: COMPANY SNAPSHOT
                       TABLE 410 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 411 IBM: PRODUCT LAUNCHES
                       TABLE 412 IBM: DEALS
             14.1.2 AWS
                       TABLE 413 AWS: COMPANY OVERVIEW
                       FIGURE 47 AWS: COMPANY SNAPSHOT
                       TABLE 414 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 415 AWS: PRODUCT LAUNCHES
                       TABLE 416 AWS: DEALS
             14.1.3 ORACLE
                       TABLE 417 ORACLE: COMPANY OVERVIEW
                       FIGURE 48 ORACLE: COMPANY SNAPSHOT
                       TABLE 418 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 419 ORACLE: PRODUCT LAUNCHES
                       TABLE 420 ORACLE: DEALS
             14.1.4 HUAWEI
                       TABLE 421 HUAWEI: COMPANY OVERVIEW
                       FIGURE 49 HUAWEI: COMPANY SNAPSHOT
                       TABLE 422 HUAWEI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 423 HUAWEI: PRODUCT LAUNCHES
                       TABLE 424 HUAWEI: DEALS
             14.1.5 ACCENTURE
                       TABLE 425 ACCENTURE: COMPANY OVERVIEW
                       FIGURE 50 ACCENTURE: COMPANY SNAPSHOT
                       TABLE 426 ACCENTURE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 427 ACCENTURE: PRODUCT LAUNCHES
                       TABLE 428 ACCENTURE: DEALS
             14.1.6 WIPRO
                       TABLE 429 WIPRO: COMPANY OVERVIEW
                       FIGURE 51 WIPRO: COMPANY SNAPSHOT
                       TABLE 430 WIPRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 431 WIPRO: DEALS
             14.1.7 INFOSYS
                       TABLE 432 INFOSYS: COMPANY OVERVIEW
                       FIGURE 52 INFOSYS: COMPANY SNAPSHOT
                       TABLE 433 INFOSYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 434 INFOSYS: PRODUCT LAUNCHES
                       TABLE 435 INFOSYS: DEALS
             14.1.8 TCS
                       TABLE 436 TCS: COMPANY OVERVIEW
                       FIGURE 53 TCS: COMPANY SNAPSHOT
                       TABLE 437 TCS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 438 TCS: PRODUCT LAUNCHES
                       TABLE 439 TCS: DEALS
             14.1.9 SAP
                       TABLE 440 SAP: COMPANY OVERVIEW
                       FIGURE 54 SAP: COMPANY SNAPSHOT
                       TABLE 441 SAP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 442 SAP: DEALS
             14.1.10 INTEL
                       TABLE 443 INTEL: COMPANY OVERVIEW
                       FIGURE 55 INTEL: COMPANY SNAPSHOT
                       TABLE 444 INTEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 445 INTEL: PRODUCT LAUNCHES
                       TABLE 446 INTEL: DEALS
             14.1.11 CONSENSYS
                       TABLE 447 CONSENSYS: COMPANY OVERVIEW
                       TABLE 448 CONSENSYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 449 CONSENSYS: PRODUCT LAUNCHES
                       TABLE 450 CONSENSYS: DEALS
             14.1.12 NTT DATA
                       TABLE 451 NTT DATA: COMPANY OVERVIEW
                       FIGURE 56 NTT DATA: COMPANY SNAPSHOT
                       TABLE 452 NTT DATA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 453 NTT DATA: DEALS
     14.2 OTHER PLAYERS 
             14.2.1 BITFURY
                       TABLE 454 BITFURY: COMPANY OVERVIEW
                       TABLE 455 BITFURY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 456 BITFURY: DEALS
             14.2.2 GUARDTIME
                       TABLE 457 GUARDTIME: COMPANY OVERVIEW
                       TABLE 458 GUARDTIME: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 459 GUARDTIME: DEALS
             14.2.3 CHAIN
                       TABLE 460 CHAIN: COMPANY OVERVIEW
                       TABLE 461 CHAIN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 462 CHAIN: DEALS
             14.2.4 BLOCKCYPHER
             14.2.5 VMWARE
             14.2.6 SPINSYS
             14.2.7 LEEWAYHERTZ
             14.2.8 R3
             14.2.9 CEGEKA
             14.2.10 SYMBIONT
             14.2.11 BIGCHAINDB
             14.2.12 APPLIED BLOCKCHAIN
             14.2.13 RECORDSKEEPER
             14.2.14 BLOCKPOINT
             14.2.15 AUXESIS GROUP
             14.2.16 BLOCKCHAIN FOUNDRY
             14.2.17 FACTOM
             14.2.18 STRATIS
             14.2.19 DRAGONCHAIN
 
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
 
15 ADJACENT MARKETS (Page No. - 401)
     15.1 INTRODUCTION TO ADJACENT MARKETS 
               TABLE 463 ADJACENT MARKETS AND FORECASTS
     15.2 LIMITATIONS 
     15.3 BLOCKCHAIN SUPPLY CHAIN MARKET 
             15.3.1 MARKET DEFINITION
                       TABLE 464 BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY TYPE, 2014–2019 (USD MILLION)
                       TABLE 465 BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                       TABLE 466 PUBLIC BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
                       TABLE 467 PUBLIC BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
                       TABLE 468 PRIVATE BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
                       TABLE 469 PRIVATE BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
                       TABLE 470 HYBRID AND CONSORTIUM BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
                       TABLE 471 HYBRID AND CONSORTIUM BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
     15.4 BLOCKCHAIN IOT MARKET 
             15.4.1 MARKET DEFINITION
                       TABLE 472 BLOCKCHAIN IOT MARKET SIZE, BY COMPONENT, 2018–2026 (USD THOUSAND)
                       TABLE 473 SOFTWARE AND PLATFORM BLOCKCHAIN IOT MARKET SIZE, BY REGION, 2018–2026 (USD THOUSAND)
                       TABLE 474 BLOCKCHAIN IOT MARKET SIZE, BY SERVICE, 2018–2026 (USD THOUSAND)
                       TABLE 475 BLOCKCHAIN IOT SERVICES MARKET SIZE, BY REGION, 2018–2026 (USD THOUSAND)
     15.5 BLOCKCHAIN-AS-A-SERVICE MARKET 
             15.5.1 MARKET DEFINITION
                       TABLE 476 BLOCKCHAIN-AS-A-SERVICE MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)
                       TABLE 477 BLOCKCHAIN-AS-A-SERVICE MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
     15.6 BLOCKCHAIN AI MARKET 
             15.6.1 MARKET DEFINITION
                       TABLE 478 BLOCKCHAIN AI MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
                       TABLE 479 BLOCKCHAIN AI COMPONENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 480 BLOCKCHAIN AI PLATFORMS/TOOLS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 481 BLOCKCHAIN AI MARKET SIZE, BY SERVICE, 2018–2025 (USD MILLION)
                       TABLE 482 BLOCKCHAIN AI SERVICES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
 
16 APPENDIX (Page No. - 410)
     16.1 DISCUSSION GUIDE 
     16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     16.3 CUSTOMIZATION OPTIONS 
     16.4 RELATED REPORTS 
     16.5 AUTHOR DETAILS 

The study involved major activities to estimate the current market size for the blockchain market. Exhaustive secondary research was done to collect information on the blockchain industry and validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. Thereafter, the market breakup and data triangulation procedures were used to calculate the market size of the segments and subsegments of the blockchain market.

Secondary Research

Market sizes of companies offering blockchain platforms and services were arrived at based on the secondary data available through paid and unpaid sources. These were also arrived at by analyzing the product portfolios of major companies and rating them based on the performance and quality of products offered. Secondary research was mainly used to obtain key information about the industry’s supply chain, country-wise technology spends, total pool of key players, market classification and segmentation, key developments from both, market and technology-oriented perspectives, economic trends, and currency exchange rates. For instance, the market sizes of companies offering blockchain platforms were based on the secondary data available through paid databases and publicly available information.

In the secondary research process, various sources were referred to for identifying and collecting information for this study. The secondary sources included annual reports, press releases, investor presentations of companies; white papers, journals, certified publications; and articles from recognized authors, directories, and databases.

Primary Research

Various primary sources from both, supply and demand sides were interviewed to obtain qualitative and quantitative information for this report in the primary research process. The primary sources from the supply side included various industry experts such as Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the blockchain market. Extensive primary research was conducted during the research to gather information and verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types; industry trends; the competitive landscape of blockchain market players and key market dynamics such as drivers, restraints, opportunities, challenges, and strategies.

The top-down and bottom-up approaches were extensively used in the market engineering process and several data triangulation methods to estimate and forecast the market growth for segments and subsegments listed in this report. The complete market engineering process included extensive qualitative and quantitative analysis listing key information/insights throughout the report.

Following is the breakup of the primary respondents:

Blockchain Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

In this market estimation approach, the key companies offering the blockchain solutions and services, such as IBM, AWS, SAP, Oracle which contribute a major part of the blockchain market, were identified. After finalizing these companies, data was validated by industry experts through primary interviews related to the leading market vendors. Furthermore, their total revenue through annual reports, US Securities and Exchange Commission (SEC) filings, and paid databases was identified.

Data Triangulation

After completing the market engineering process (including calculations for market statistics, market breakups, market size estimations, market forecasts, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers. The primary research was also conducted to identify the segmentation types; industry trends; the competitive landscape of blockchain market players; and key market dynamics, such as drivers, restraints, opportunities, challenges, industry trends, and key strategies.

Report Objectives

  • describe and forecast the global blockchain market based on component, provider, type, organization size, application, and region
  • To provide detailed information about the major factors (drivers, opportunities, restraints, and challenges) influencing the growth of the market
  • To analyze opportunities for stakeholders by identifying the high-growth segments of the market
  • To forecast the size of the market segments with respect to five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
  • To analyze subsegments of the market with respect to individual growth trends, prospects, and contributions to the overall market
  • To profile the key players and comprehensively analyze their market sizes and core competencies
  • To track and analyze competitive developments such as product enhancements and new product launches; acquisitions; and partnerships and collaborations, in the market globally

Available Customizations

With the given market data, MarketsandMarkets offers customizations based on company-specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakup of the Asia Pacific market into countries contributing 75% to the regional market size
  • Further breakup of the North American market into countries contributing 75% to the regional market size
  • Further breakup of the Latin American market into countries contributing 75% to the regional market size
  • Further breakup of the Middle Eastern & African market into countries contributing 75% to the regional market size
  • Further breakup of the European market into countries contributing 75% to the regional market size

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Mar, 2023
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