Public Blockchain Technology in Energy Market
Public Blockchain Technology in Energy Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Public
Blockchain Technology in Energy Market Size and Growth
The public blockchain technology market in the energy sector is evolving, driven by demand for transparency, efficiency, and decentralized transactions. As of 2023, the market size is projected to reach approximately $2.5 billion, reflecting significant growth. Key trends include enhanced peer-to-peer energy trading and improved regulatory compliance.
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Companies Covered
(Covid 19 Impact Covered)
◍ IBM
◍ Microsoft
◍ Accenture
◍ ConsenSys
◍ Infosys
◍ Drift
◍ Electron
◍ Btl Group Ltd.
◍ LO3 Energy Inc
◍ Power Ledger
The public blockchain technology in the energy market features companies like IBM, Microsoft, and Accenture leveraging blockchain for energy trading, supply chain transparency, and decentralized energy management. Power Ledger and LO3 Energy focus on peer-to-peer trading. Sales figures include IBM at $60 billion, Microsoft at $168 billion, and Accenture at $61 billion.
Market Segmentation
By Application
By Product
Service ◍ Smart Home & Wearables ◍ Smart Energy ◍ Smart Security ◍ Manufacturing ◍ Transportation & Logistics ◍ Healthcare ◍ Others
Software
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Market Growth
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$ X Billion USD
