marketreportsupdates (79)

1
Blockchain Market To Reach USD 60.12 Billion By
2026
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Market Size USD 7.31 Billion in 2018, Market
Growth - CAGR of 23.3, Market Trends The rise
in the trend of cryptocurrency.
Market Summary
The global Blockchain market is forecast to reach
USD 60.12 Billion by 2026, according to a new
report by Reports and Data. Blockchain brings
digital technology into real-time computing
systems management. The market has the ability to
change aspects of digital technology, which
includes the method of conducting business,
enhancing education, delivering healthcare,
shopping, learning, social media, and
entertainment. Blockchain has further evolved and
aids in the conduction of financial transactions.
Increase in cashless payments, credit and debit
cards, and card-based payment methods are
dominating the market.

• Further key findings from the report suggest
• Organizations are nowadays deploying smart
  contracts to reduce cost and avoid fraud. These
  contracts deployed over blockchain guarantees
  that contract terms and conditions cannot be
  modified. The technology makes it nearly
  impossible for any third party to alter the
  contract. Smart contracts held the largest market
  share of 24 in the year 2018.
• Supply chain management is forecasted to record
  the highest growth rate of 24.1 during the
  forecast period. Blockchain revolutionizes retail
  sector supply chain management by deploying
  real-time digital ledger of transactions and
  movements for all participants in their supply
  chain network. Benefits gained by this will save
  the companys time and money, and redefine the
  way of business.

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Market Summary
Key Players
Key participants include IBM, Microsoft, SAP,
Oracle, Symbiont, Huawei, Blockpoint, BTL Group,
Factom, and Earthport, among others.
Segmentation
Provider Outlook (Revenue, USD Billion
2016-2026) Application Providers Middleware
Providers Infrastructure Providers Application
Outlook (Revenue, USD Billion 2016-2026) Paymen
ts Exchanges Smart Contracts Organization
Size Outlook (Revenue, USD Billion
2016-2026) Small and Medium-Sized
Enterprises Large Enterprises
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Market Summary

• Regional Outlook for Assessment Services Market
  analyses the following geographies
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and
  Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt,
  Nigeria, and South Africa)

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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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About Us
Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
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including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise.
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