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Global Blockchain Technology in Energy Market 2019-2023 - Market to grow at a CAGR of 65.34% with Accenture, IBM, Microsoft, Oracle & SAP Dominating - ResearchAndMarkets.com

November 6, 2018

DUBLIN--(BUSINESS WIRE)--Nov 6, 2018--The “Global Blockchain Technology in Energy Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The Global Blockchain Technology in Energy Market to grow at a CAGR of 65.34% during the period 2019-2023.

Global Blockchain Technology in Energy Market Report 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the adoption of blockchain technology.

One trend affecting this market is the growing strategic alliance for development of blockchain technology.

According to the report, one driver influencing this market is the integration of blockchain technology with smart meter. A smart meter is embedded with an in-home display screen that displays the amount of energy consumed in near real-time and automatically sends meter readings to the energy suppliers.

Further, the report states that one challenge affecting this market is the high cost of implementing and maintaining blockchain technology. With the adoption of blockchain technology, the energy sector is expected to have long-term benefits in terms of productivity, security, and efficiency.

Key vendors

Accenture IBM Microsoft Oracle SAP

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition

PART 06: MARKET SEGMENTATION BY END-USER

Market segmentation by end-user Comparison by end-user Power Oil and gas Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic comparison Key leading countries Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

Advent of BaaS Growing strategic alliance for development of blockchain technology Implementation of peer-to-peer exchange of electricity at large-scale

PART 12: VENDOR LANDSCAPE

PART 13: VENDOR ANALYSIS

Vendor classification Market positioning of vendors

For more information about this report visit https://www.researchandmarkets.com/research/9tzpvt/global_blockchain?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005801/en/

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Related Topics:Bitcoin

KEYWORD:

INDUSTRY KEYWORD: ENERGY OTHER ENERGY TECHNOLOGY OTHER TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/06/2018 12:35 PM/DISC: 11/06/2018 12:35 PM

http://www.businesswire.com/news/home/20181106005801/en

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