Title: Blockchain Market - Forecast, 2021-2026
1Blockchain Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Global Blockchain Market is forecast to reach
44.2 billion by 2026, growing at a CAGR of 36.1
during the forecast period from 2021 to 2026. - The rising adoption of blockchain solutions due
to their capability of providing increased
transparency towards financial transaction
management in cryptocurrency and increasing
digitalisation are majorly driving the market
growth of blockchain market. - Higher deployments of blockchain technology
across various industry verticals such as retail,
banking, e-commerce and many others are also
helping in boosting its market growth. - Moreover, blockchain is getting widely deployed
due to lesser chances of human error and rising
rate of digitalization, thus helping in
significant market growth.
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- Key Takeaways
- Hybrid Blockchain market is expected to have a
major market share during the forecast period
2021-2026 owing to growing adoption from
ecommerce, banking and many such industrial
sectors. - Key market players such as IBM Corporation and
Microsoft Corporation have been helping towards
significant market growth in North America. - Rising rate of digitalization across industries
along with providing an increased transparency
system for financial data management are acting
as major driving factors towards significant
growth of Blockchain market.
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Blockchain Market Segment Analysis - By
Application Blockchain technology is rapidly
progressing in the field of automotive and
transportation with the potential for diversity
and innovation application in automotive
industry. Original equipment manufacturers (OEMs)
are mapping connected cars, for real time
monitoring, auditability, and scalability which
are the key factors favoring blockchain
technology market driving the market at 42.9
CAGR through 2026
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- Blockchain Market Industry OutlookÂ
- IBM Corporation
- Microsoft Corporation
- SAP SE
- Oracle Corporation
- Amazon Web Services
- ConsenSys
- Digital Asset Holdings
- Applied Blockchain Ltd
- Intel Corporation
- Bitfury
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Blockchain Market - Forecast 2021 - 2026 Learn
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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