AP NEWS

Global Blockchain Technology Market 2017-202 - Competitive Landscape, Industry Assessments & Market Trends Analysis - ResearchAndMarkets.com

August 8, 2018

DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The “Blockchain Technology: Competitive Landscape, Industry Assessments & Market Trends Analysis” report has been added to ResearchAndMarkets.com’s offering.

Overall blockchain market is expected to be worth $7.8 Million by 2022 at a Compound Annual Growth Rate (CAGR) of 79.6%.

Blockchain, is an online record-keeping innovation that will change how we conduct business. It is mutual, trusted, public record of exchanges, that everybody can investigate however no single client controls it. It is also crypto-graphed, secure, and tamper resistant that cannot be re-circulated.

Blockchain technology can be used to track millions of connected devices, enabling the processing of information between devices. With its decentralized approach, it creates a strong platform for devices to run on. The cryptographic algorithms used by blockchains would make consumer data more private.

Current use of Blockchain is realized in the banking industry, however, applications of blockchain are limitless and in near future, it finds its use in industries like Healthcare, Telecom, Agriculture, Defense, and Energy.

Factors contributing to such high growth include the reduced total cost of ownership, faster transactions, simplified business process with transparency and immutability, and rising cryptocurrencies market cap and ICO is expected to drive the overall growth of the market.

Key Topics Covered:

Section 1. Blockchain Technology: Overview

Section 2. Blockchain Technology: Insight Upfront

Section 3. Competitive Landscape

Section 4. Low Patenting Areas & White Spaces

Section 5. Blockchain Company Profiles

Section 6. Global Blockchain Technology Market: Market Characterization

Section 7. Blockchain Product Landscape

Section 8. Appendix

Companies Mentioned

360 Blockchain Inc Accenture IBM Microsoft Ripple Eris Industries Intel Corporation Deloitte Digital Asset Holdings Chain Inc.

For more information about this report visit https://www.researchandmarkets.com/research/n63vxb/global_blockchain?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005510/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Bitcoin

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SECURITY PROFESSIONAL SERVICES FINANCE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/08/2018 11:20 AM/DISC: 08/08/2018 11:20 AM

http://www.businesswire.com/news/home/20180808005510/en

AP RADIO
Update hourly