Title: Global Blockchain in Telecom Market Industry | Whipsmartmi
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Blockchain in Telecom Market Opportunities,
Trends Forecast 2021 - 2027
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Blockchain in Telecom Market Overview
Blockchain in Telecom Market is projected to grow
up to USD 898 million by 2027 growing at a CAGR
of 86 during the forecasting period
2021-2027. The growing deployment of 5G serves
as a driver for blockchain adoption in telecom,
as 5G enables faster and more reliable blockchain
operations. Telecommunications fraud, sometimes
known as telecom fraud, is a rapidly expanding
criminal activity. For communication service
providers, blockchain can aid in fraud detection
and prevention. The criteria that are required
for blockchain adoption include scalability and
interoperability. This is only conceivable until
industry standards are established, which is
currently lagging. The telecom industry is having
a hard time using blockchain technology on a
large scale. However, the lack of uniform
standards, as well as growing worries about user
authenticity and uncertain regulatory status, are
important restraints on the expansion of
Blockchain in the Telecom Market. Many businesses
fear that identity theft by criminals can enable
them to acquire access to account information,
and that blockchain cannot prevent this.
Furthermore, there is a widespread belief among
businesses that data confidentiality, integrity,
and availability may be jeopardised. Furthermore,
regulatory restrictions on the implementation of
blockchain technology and a lack of uniform
standards may stymie the market's growth. View
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lockchain-in-telecom-market
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Blockchain in Telecom Market Key Players
This report offers the major market players
profiles, such as AWS (US), Guardtime
(Estonia), IBM (US), Microsoft (US), SAP
(Germany), Bitfury (US), Cegeka (Netherlands),
Clear (Singapore), Reply (Italy), ShoCard (US),
Abra (US), Auxesis Group (India), Blockchain
Foundry (Singapore), BlockCypher (US), Blocko
(South Korea), Blockpoint (US), Blockstream (US),
Chain (US), Filament (US), Huawei (China), Oracle
(US), RecordsKeeper (Spain), Sofocle (India),
SpinSys (US), and TBCASoft (US).
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Table Of Content
- Introduction
- Research Methodology
- Executive Summary
- Market Dynamics
- Blockchain in Telecom Market, By Provider
- Blockchain in Telecom Market, By Application
- Blockchain in Telecom Market, By Organization
Size - Blockchain in Telecom Market, By Region
- Company Profiles
- Appendix
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