Global Blockchain Market Analysis, 2020

Global Blockchain Market Analysis, 2020

marknteladvisors.com

Document Outline

Introduction About Us, Key Questions Answered In This Study

Table of Content Market Segmentation, Scope of Work

Research Process & Methodology Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research Methodology, Forecasting

Sample Pages Global Blockchain Market Analysis, 2020

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Commercials

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MarkNtel Advisors LLP  MarkNtel Advisors LLP is a premier market/business research, consulting, and

analytics center known for its incessant real time support. We work 24*7 to ensure that our clients meet their objectives. A continuous improvement in customer

experience is our foremost priority.  We deliver research, consulting and data analytics services across industries

including Information & Communication Technology, Consumer Goods & Retail, FinTech, Building & Construction, Automotive, Chemicals & Materials, Oil & Gas,

700+ Research, Consulting, Advisory & Data Analytics Studies Delivered

200+ Global Clients Served Across Industries & Geographies

Power & Utilities, Banking & Financial Services, etc.  We understand the growing need of our clients, and thus focus on emerging

industries to provide our services which can fulfill their need of assessing the current and future Market potential, identification of white spaces & hotspots and venturing into new geographies or business segments.  We specialize in niche industries and emerging geographies to support our clients in

formulation of strategies viz. Go to Market (GTM), Product Development, Technology Upgradation, Customer Analytics, Trend Analysis, Sales Analytics, etc. to enable them in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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70+ Team of experienced analysts (FTEs)

15+ Sectoral Research Coverage

90%+ Customer Satisfaction Rate

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Document Outline

Introduction About Us, Key Questions Answered In This Study

Table of Content Market Segmentation, Scope of Work

Research Process & Methodology Primary Research, Secondary Research, Companies Interviewed, Respondent Profile, Research Methodology, Forecasting

Sample Pages Global Blockchain Market Analysis, 2020

02

05

26

34

Commercials

83

Disclaimer

85

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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Market Segmentation Global Blockchain Market Segmentation

By Component

• Services o Consultation o Development & Integration o Support & Maintenance • Platform

By Provider • Application Provider • Infrastructure Provider • Middleware Provider

By Application

Payment Documentation Exchanges Supply Chain Management • Digital Identity • Smart Contracts • Others (Advertising insights, etc.)

• • • •

By Organization • Small • Medium • Large

By End User

By Region

• Manufacturing • Government & Transportation • Logistics • Healthcare & Lifescience • Energy & Utilities • Media & Entertainment • BFSI • IT & Telecom • Retail & Ecommerce • Others (Agriculture, etc.)

o Germany • North America o The US o The UK o Canada o France o Mexico o Spain o Switzerland • South America o Brazil o Others o Others • Asia-Pacific o China • Middle East & o India Africa o UAE o Japan o Saudi Arabia o Australia o South Africa o South Korea o Israel o Singapore o Others o Others • Europe

By Type

By Company

• Private • Public • Hybrid

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• • • • • • • •

IBM AWS Microsoft SAP Intel Oracle NTT Data Earthport

• • • • • • •

Consensys Huawei Monax Ripple Interbit R3 BitFury

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1.

Introduction

1.1. Product Definition 1.2. Research Process 1.3. Market Segmentation 1.4. Assumptions 2.

Executive Summary

3.

Blockchain Ecosystem

4.

Global Blockchain Startup Ecosystem

5.

Global Blockchain Market Business Cases

6.

Customer Survey

7.

Impact of COVID-19 on Global Blockchain Market

8.

Expert Verbatim-Interview Excerpts of industry experts

9.

Global Blockchain Market Outlook, 2015-2025F 9.1. Market Size & Analysis 9.1.1. Revenues 9.2. Market Share & Analysis 9.2.1. By Component

9.2.1.1. Services 9.2.1.1.1. Consultation 9.2.1.1.2. Development & Integration Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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9.2.1.1.3. Support & Maintainence

9.2.1.2. Platform 9.2.2. By Provider 9.2.2.1. Application Provider 9.2.2.2. Infrastructure Provider 9.2.2.3. Middleware Provider 9.2.3. By Type 9.2.3.1. Private 9.2.3.2. Public 9.2.3.3. Hybrid 9.2.4. By Organization 9.2.4.1. Small

9.2.4.2. Medium 9.2.4.3. Large 9.2.5. By Application 9.2.5.1. Payment 9.2.5.2. Documentation

9.2.5.3. Exchanges 9.2.5.4. Supply Chain Management 9.2.5.5. Digital Identity Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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9.2.5.6. Smart Contracts

9.2.5.7. Others (Advertising insights, etc.)

9.2.6. By End User 9.2.6.1. Manufacturing 9.2.6.2. Government & Transportation 9.2.6.3. Logistics 9.2.6.4. Healthcare & Lifescience 9.2.6.5. Energy & Utilities 9.2.6.6. Media & Entertainment 9.2.6.7. BFSI 9.2.6.8. IT & Telecom 9.2.6.9. Retail & E-commerce

9.2.6.10. Others (Agriculture, etc.)

9.2.7. By Region 9.2.7.1. North America 9.2.7.2. South America 9.2.7.3. Europe

9.2.7.4. Middle East & Africa 9.2.7.5. Asia-Pacific 9.2.8. By Company Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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9.2.8.1. Market Shares, By Revenue

9.2.8.2. Strategic Factorial Indexing 9.2.8.3. Competitor Placement in MarkNtel Quadrant 9.3. Market Attractiveness Index 9.3.1. By Component 9.3.2. By Provider 9.3.3. By Type 9.3.4. By Organization 9.3.5. By Application 9.3.6. By End User 9.3.7. By Region 10. North America Blockchain Market Outlook, 2015-2025F

10.1. Market Size & Analysis 10.1.1. Revenues 10.2. Market Share & Analysis 10.2.1. By Component 10.2.2. By Provider

10.2.3. By Type 10.2.4. By Organization 10.2.5. By Application Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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10.2.6. By End User

10.2.7. By Country 10.2.7.1. The US 10.2.7.2. Canada 10.2.7.3. Mexico 10.3. The US Blockchain Market Outlook, 2015-2025F 10.3.1. Market Size & Analysis 10.3.1.1. Revenues 10.3.2. Market Share & Analysis 10.3.2.1. By Component 10.3.2.2. By Provider 10.3.2.3. By Type

10.3.2.4. By Organization 10.3.2.5. By Application 10.3.2.6. By End User 10.4. Canada Blockchain Market Outlook, 2015-2025F 10.4.1. Market Size & Analysis

10.4.1.1. Revenues 10.4.2. Market Share & Analysis 10.4.2.1. By Component Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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10.4.2.2. By Provider

10.4.2.3. By Type 10.4.2.4. By Organization 10.4.2.5. By Application 10.4.2.6. By End User 10.5. Mexico Blockchain Market Outlook, 2015-2025F 10.5.1. Market Size & Analysis 10.5.1.1. Revenues 10.5.2. Market Share & Analysis 10.5.2.1. By Component 10.5.2.2. By Provider 10.5.2.3. By Type

10.5.2.4. By Organization 10.5.2.5. By Application 10.5.2.6. By End User 11. South America Blockchain Market Outlook, 2015-2025F 11.1. Market Size & Analysis

11.1.1. Revenues 11.2. Market Share & Analysis 11.2.1. By Component Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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11.2.2. By Provider

11.2.3. By Type 11.2.4. By Organization 11.2.5. By Application 11.2.6. By End User 11.2.7. By Country 11.2.7.1. Brazil 11.2.7.2. Others 11.3. Brazil Blockchain Market Outlook, 2015-2025F 11.3.1. Market Size & Analysis 11.3.1.1. Revenues 11.3.2. Market Share & Analysis

11.3.2.1. By Component 11.3.2.2. By Provider 11.3.2.3. By Type 11.3.2.4. By Organization 11.3.2.5. By Application

11.3.2.6. By End User 12. Europe Blockchain Market Outlook, 2015-2025F 12.1. Market Size & Analysis Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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12.1.1. Revenues

12.2. Market Share & Analysis 12.2.1. By Component 12.2.2. By Provider 12.2.3. By Type 12.2.4. By Organization 12.2.5. By Application 12.2.6. By End User 12.2.7. By Country 12.2.7.1. Germany 12.2.7.2. The UK 12.2.7.3. France

12.2.7.4. Spain 12.2.7.5. Switzerland 12.2.7.6. Others 12.3. Germany Blockchain Market Outlook, 2015-2025F 12.3.1. Market Size & Analysis

12.3.1.1. Revenues 12.3.2. Market Share & Analysis 12.3.2.1. By Component Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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12.3.2.2. By Provider

12.3.2.3. By Type 12.3.2.4. By Organization 12.3.2.5. By Application 12.3.2.6. By End User 12.4. The UK Blockchain Market Outlook, 2015-2025F 12.4.1. Market Size & Analysis 12.4.1.1. Revenues 12.4.2. Market Share & Analysis 12.4.2.1. By Component 12.4.2.2. By Provider 12.4.2.3. By Type

12.4.2.4. By Organization 12.4.2.5. By Application 12.4.2.6. By End User 12.5. France Blockchain Market Outlook, 2015-2025F 12.5.1. Market Size & Analysis

12.5.1.1. Revenues 12.5.2. Market Share & Analysis 12.5.2.1. By Component Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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12.5.2.2. By Provider

12.5.2.3. By Type 12.5.2.4. By Organization 12.5.2.5. By Application 12.5.2.6. By End User 12.6. Spain Blockchain Market Outlook, 2015-2025F 12.6.1. Market Size & Analysis 12.6.1.1. Revenues 12.6.2. Market Share & Analysis 12.6.2.1. By Component 12.6.2.2. By Provider 12.6.2.3. By Type

12.6.2.4. By Organization 12.6.2.5. By Application 12.6.2.6. By End User 12.7. Switzerland Blockchain Market Outlook, 2015-2025F 12.7.1. Market Size & Analysis

12.7.1.1. Revenues 12.7.2. Market Share & Analysis 12.7.2.1. By Component Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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12.7.2.2. By Provider

12.7.2.3. By Type 12.7.2.4. By Organization 12.7.2.5. By Application 12.7.2.6. By End User 13. Middle East & Africa Blockchain Market Outlook, 2015-2025F 13.1. Market Size & Analysis 13.1.1. Revenues 13.2. Market Share & Analysis 13.2.1. By Component 13.2.2. By Provider 13.2.3. By Type

13.2.4. By Organization 13.2.5. By Application 13.2.6. By End User 13.2.7. By Country 13.2.7.1. UAE

13.2.7.2. Saudi Arabia 13.2.7.3. South Africa 13.2.7.4. Israel Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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13.2.7.5. Others

13.3. UAE Blockchain Market Outlook, 2015-2025F 13.3.1. Market Size & Analysis 13.3.1.1. Revenues 13.3.2. Market Share & Analysis 13.3.2.1. By Component 13.3.2.2. By Provider 13.3.2.3. By Type 13.3.2.4. By Organization 13.3.2.5. By Application 13.3.2.6. By End User 13.4. Saudi Arabia Blockchain Market Outlook, 2015-2025F

13.4.1. Market Size & Analysis 13.4.1.1. Revenues 13.4.2. Market Share & Analysis 13.4.2.1. By Component 13.4.2.2. By Provider

13.4.2.3. By Type 13.4.2.4. By Organization 13.4.2.5. By Application Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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13.4.2.6. By End User

13.5. South Africa Blockchain Market Outlook, 2015-2025F 13.5.1. Market Size & Analysis 13.5.1.1. Revenues 13.5.2. Market Share & Analysis 13.5.2.1. By Component 13.5.2.2. By Provider 13.5.2.3. By Type 13.5.2.4. By Organization 13.5.2.5. By Application 13.5.2.6. By End User 13.6. Israel Blockchain Market Outlook, 2015-2025F

13.6.1. Market Size & Analysis 13.6.1.1. Revenues 13.6.2. Market Share & Analysis 13.6.2.1. By Component 13.6.2.2. By Provider

13.6.2.3. By Type 13.6.2.4. By Organization 13.6.2.5. By Application Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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13.6.2.6. By End User

14. Asia-Pacific Blockchain Market Outlook, 2015-2025F 14.1. Market Size & Analysis 14.1.1. Revenues 14.2. Market Share & Analysis 14.2.1. By Component 14.2.2. By Provider 14.2.3. By Type 14.2.4. By Organization 14.2.5. By Application 14.2.6. By End User 14.2.7. By Country

14.2.7.1. China 14.2.7.2. India 14.2.7.3. Australia 14.2.7.4. Japan 14.2.7.5. South Korea

14.2.7.6. Singapore 14.2.7.7. Others 14.3. China Blockchain Market Outlook, 2015-2025F Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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14.3.1. Market Size & Analysis

14.3.1.1. Revenues 14.3.2. Market Share & Analysis 14.3.2.1. By Component 14.3.2.2. By Provider 14.3.2.3. By Type 14.3.2.4. By Organization 14.3.2.5. By Application 14.3.2.6. By End User 14.4. India Blockchain Market Outlook, 2015-2025F 14.4.1. Market Size & Analysis 14.4.1.1. Revenues

14.4.2. Market Share & Analysis 14.4.2.1. By Component 14.4.2.2. By Provider 14.4.2.3. By Type 14.4.2.4. By Organization

14.4.2.5. By Application 14.4.2.6. By End User 14.5. Australia Blockchain Market Outlook, 2015-2025F Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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14.5.1. Market Size & Analysis

14.5.1.1. Revenues 14.5.2. Market Share & Analysis 14.5.2.1. By Component 14.5.2.2. By Provider 14.5.2.3. By Type 14.5.2.4. By Organization 14.5.2.5. By Application 14.5.2.6. By End User 14.6. Japan Blockchain Market Outlook, 2015-2025F 14.6.1. Market Size & Analysis 14.6.1.1. Revenues

14.6.2. Market Share & Analysis 14.6.2.1. By Component 14.6.2.2. By Provider 14.6.2.3. By Type 14.6.2.4. By Organization

14.6.2.5. By Application 14.6.2.6. By End User 14.7. South Korea Blockchain Market Outlook, 2015-2025F Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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14.7.1. Market Size & Analysis

14.7.1.1. Revenues 14.7.2. Market Share & Analysis 14.7.2.1. By Component 14.7.2.2. By Provider 14.7.2.3. By Type 14.7.2.4. By Organization 14.7.2.5. By Application 14.7.2.6. By End User 14.8. Singapore Blockchain Market Outlook, 2015-2025F 14.8.1. Market Size & Analysis 14.8.1.1. Revenues

14.8.2. Market Share & Analysis 14.8.2.1. By Component 14.8.2.2. By Provider 14.8.2.3. By Type 14.8.2.4. By Organization

14.8.2.5. By Application 14.8.2.6. By End User 15. Global Blockchain Market Policies, Regulations, Product Standards Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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Forecast Year: 2025 Table of Content

16. Global Blockchain Market Trends & Insights 17. Global Blockchain Market Dynamics 17.1. Growth Drivers 17.2. Challenges 17.3. Impact Analysis 18. Global Blockchain Market Hotspot & Opportunities 19. Global Blockchain Market Key Strategic Imperatives for Success & Growth 20. Competition Outlook

20.1. Competition Matrix 20.1.1. Product/Service Portfolio 20.1.2. Target Markets 20.1.3. Target End Users 20.1.4. Research & Development 20.1.5. Strategic Alliances 20.1.6. Strategic Initiatives 20.2. Company Profiles of top companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans) 20.2.1. IBM 20.2.2. AWS 20.2.3. Microsoft 20.2.4. SAP Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

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Forecast Year: 2025 Table of Content

20.2.5. Intel 20.2.6. Oracle 20.2.7. NTT Data 20.2.8. Earthport 20.2.9. Consensys 20.2.10.

Huawei

20.2.11.

Monax

20.2.12.

Ripple

20.2.13.

Interbit

20.2.14.

R3

20.2.15.

BitFury

21. Disclaimer

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Global Blockchain Market Outlook, 2015-2025F

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

Global Blockchain Market Outlook, By Revenues Figure XX: Global Blockchain Market Revenues (USD Million), 2015 - 2025F

2015

2016

2017

Revenue: XX%

CAGR

CAGR

Revenue: XX%

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Source: MarkNtel Advisors

• The global blockchain market is experiencing tremendous growth from the past few years due to the rising adoption of IoT devices.

Connected devices associate with network permanently and comprise sensors that help to synchronize activities, this generated the requirement of security. Blockchain offers a scalable framework for quick and secure communication among connected devices. Thereby,

the demand for blockchain is surging across the globe.

• COVID-19 has soared the usage of blockchain in certain specific areas inclusive of essential products and services. The organizations are adopting blockchain for supply chain management, disaster relief, insurance, and contract tracing, etc. worldwide. Blockchain assists in contract tracing through collect and protect patients' information as well as monitor their movements more efficiently to ensure social distancing. These are few of the several other factors that increased blockchain deployment globally.

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26

Global Blockchain Market Revenue Share, By Component Figure XX: Global Blockchain Market Revenue Share (%), By Component, 2015 - 2025F

2015

2016

2017

2018

2019

2020 Services

2021

2022

2023

2024

2025

Platform

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

• Platform: This segment is anticipated to dominate the global blockchain market during the forecast years 2020-25. The early adoption of blockchain in North America, Europe and Middle East region coupled with government initiative is generating huge potential for blockchain service providers in the coming years.

o For instance: UAE government launched an Emirates Blockchain Strategy 2021 in the year 2018. This facilitates around half of the government transactions on the blockchain platform by 2021.

• The rising number of startups in several industries such as IT, healthcare, E-Commerce, etc. across the globe is expected to boost the demand for blockchain platforms during the forecast years owing to features such as ease in currency conversion and declining money transfer cost.

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27

Global Blockchain Market Revenue Share, By Provider Figure XX: Global Blockchain Market Revenue Share (%), By Provider, 2019 & 2025F

Application Provider

2019

Infrastructure Provider

2025F

Middleware Provider

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

• Middleware Provider: In the Middle East, particularly in the emirates including UAE, Saudi and Oman have their free economic zones that spur countries to adopt advanced technologies. The availability of large oil & gas companies in the Middle East region is driving the demand for blockchain software from the past few years. This is projected to increase the market share of the middleware provider

segment over the next 5 years. For instance: Abu Dhabi National Oil Company (ADNOC) collaborated with IBM to implemented a blockchain-based automated system to manage the production of oil & gas across all the facilities.

• China government launched the National Blockchain Network in 100 Cities in an alliance with banks and IT companies in 2020, which expected to decline 80% operational cost of blockchain business. These mega initiatives are anticipated to attract a large number of startups in the country, which in turn would proliferate the demand for blockchain middleware providers in the forthcoming years.

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28

Global Blockchain Market Size, By Type Figure XX: Global Blockchain Market Size (USD Million), By Type, 2019 & 2025F

2019

2025F

Private

Private

Public

Public

Hybrid

Hybrid

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

• Private: The private segment is expected to dominate the global market during the forecast years. The demand for private blockchain is

driving due to increased scalability and improved privacy over the public blockchain. The demand for private blockchain is high among organizations that deal with confidential information and this needs to be shared among concerned individuals or companies. Hence, BFSI, government, healthcare are the major end-users of private blockchain technology, the rising demand for blockchain in such industries is expected to surge the market share of the private segment in the coming years.

• Healthcare sector majorly use blockchain for operation management, managing and sharing patients' data across different healthcare

professionals and companies. Various healthcare companies are practicing blockchain and planned to adopt this technology in the coming years. This is anticipated to increase the demand for private blockchain and subsequently support the segment to grow through 2025.

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29

Global Blockchain Market Revenue Share, By Organization Figure XX: Global Blockchain Market Revenue Share (%), By Organization, 2015 - 2025F

2015

2016

2017

2018

2019 Small

2020 Medium

2021

2022

2023

2024

2025

Large

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

• Large: Manufacturing companies face various challenges related to supply chain management, product quality, logistic, etc. across the globe. Blockchain has demonstrated the capabilities to resolve these problems to assist manufacturers in supply chain monitoring, regulatory compliance, asset tracking, identity management, counterfeit detection, and materials provenance, etc. Therefore, it is

projected the demand for blockchain technology is supposed to surge among large manufacturers worldwide over the next 5 years.

• The increasing adoption of additive manufacturing among large organizations also support the growth of the blockchain. With the deployment of additive manufacturing solutions the risk of security vulnerabilities also grow manifold, therefore manufacturers blockchain technology is expected to play an anchor role to eliminate the security threat and modernize project management across the global operations of large enterprises.

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30

Global Blockchain Market Revenue Share, By Application Figure XX: Global Blockchain Market Revenue Share (%), By Application, 2019 & 2025F • Payment: This segment is rising at a significant rate over

Payment

the past few years. The trend of cashless transactions is Others

2019

2025

XX%

XX%

growing worldwide particularly in the regions including North America, Western Europe, and East Asia, which is

Documentation

2019

2025

2019

2025

XX%

XX%

XX%

XX%

supposed to generate the demand for blockchain wallet among organizations during the forecast years 2020-25.

Consequently, the market share of the payment segment is expected to rise over the next year.

• Australia is supposed to be completely cashless by

2019: USD XX Million

Smart Contracts

Exchanges

the year 2020 as per Westpac.

• The use of cryptocurrency is still in the nascent

2019

2025

2019

2025

stage across the globe, the growing digitalization

XX%

XX%

XX%

XX%

worldwide is expected to add more demand for cryptocurrency in the coming years. Blockchain platform used for transactions in the crypto sector,

Digital Identity

Supply Chain Management

thereby projected that the surging demand for

2019

2025

2019

2025

cryptocurrencies would propel the demand for

XX%

XX%

XX%

XX%

blockchain wallet by 2025.

Source: MarkNtel Advisors

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31

Global Blockchain Market Revenue Share, By End User Figure XX: Global Blockchain Market Revenue Share (%), By End User, 2019 & 2025F • BFSI: This segment is anticipated to dominate the global blockchain market over the next 5 years. Blockchain assists in the execution of decentralized agreements through smart contracts, decline the risk of fraud through error-free claim

2019

2025F

evaluation,

facilitate

quick,

low-cost

international

payments, eliminate delays and intermediaries failures, etc.

With the increasing fraudulent activities, surging cross

border transactions and trade finance across the globe are driving the demand for blockchain in the BFSI sector and Manufacturing

Government & Transportation

Logistics

Healthcare & Lifescience

Energy & Utilities

Media & Entertainment

BFSI

IT & Telecom

Retail & E-commerce

Others (Agriculture, etc.)

subsequently contribute to the maximum market share of the segment.

• The Banking Royal Commission of Australia recommended the BFSI sector in 2019 to maintain transparency and accountability in the business to eliminate fraudulent activities, this generated requirement of blockchain among

BFSI companies. Moreover, the Australian government unveiled 5 years blockchain roadmap in 2020 in which banking is among the top priority sectors. This expected to

augment the demand for blockchain technology in the BFSI *These are dummy charts and do not represent actual value

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

industry by 2025.

Source: MarkNtel Advisors

32

Global Blockchain Market Revenue Share, By Region Figure XX: Global Blockchain Market Revenue Share (%), By Region, 2019 & 2025F

2019: X% 2025F: X%

Europe

North America 2019: X%

Asia Pacific

2025F: X% 2019: X%

Middle East & Africa

2025F: X%

South America

2019: X% 2025F: X%

2019: X% 2025F: X%

Source: MarkNtel Advisors

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Global Blockchain Market Revenue Share, By Company Figure XX: Global Blockchain Market Revenue Share (%), By Company, 2019

Others (USD XXXX Million)

IBM (USD XXX Million)

 XXXX

 The companies offer blockchain solutions and services for a broad range of applications.

XX

 XXXX

XX

 XXXX

 The company services to several industries worldwide.

XX

Oracle (USD XXXX Million)

XX

USD XX Billion

 XXXXX

AWS (USD XXX Million)  XXXXX

 XXXXX

 XXXXX

 XXXXX

 XXXXX XX

XX

SAP (USD XXX Million)

Microsoft (USD XXX Million)

 XXXXXX

 XXXXX

 XXXXXX

 XXXXX

 XXXXXX

 XXXXX Source: MarkNtel Advisors Primary Surveys, Annual Reports, Press Releases

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34

North America Blockchain Market Outlook, 2015-2025F

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North America Blockchain Market Outlook, By Revenues Figure XX: North America Blockchain Market Revenues (USD Million), 2015 - 2025F

2015

2016

2017

Revenue: XX%

CAGR

CAGR

Revenue: XX%

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Source: MarkNtel Advisors

• North America is expected to dominate the global blockchain market during in the forthcoming years. The government’s favorable regulations on the use of blockchain have been increasing its application in various industries such as IT, telecommunication, advertising, etc. Moreover, the increased adoption of the latest technologies in the region is expected to flourish the demand for blockchain by 2025.

• The presence of large manufacturing corporations and proliferating research and development in the region have been generating a large amount of data that need to be managed efficiently and shared with concerned organizations. This drives the demand for blockchain among manufacturing and research companies and supporting the North America market to grow from the past few years.

• The increasing adoption of blockchain in the banking sector to ease the cross-border payment, decline in operational cost, enhance productivity, and performance of the banks is expected to drive the North American blockchain market in the years to come.

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36

North America Blockchain Market Revenue Share, By Component Figure XX: North America Blockchain Market Revenue Share (%), By Component, 2015 - 2025F

2015

2016

2017

2018

2019

2020 Services

2021

2022

2023

2024

2025

Platform

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

• Service: The demand for consultation and integration is rising huge opportunity for blockchain as service providers in the region. The inaccessibility of equivalent technology for securing the digital identity of individuals is expected to generate the demand for blockchain for digital identity management. The requirement of consultation and integration go across with the rising demand for blockchain,

therefore, expected that the service segment would surge over the next 5 years.

• Canadian Securities Administrators considered blockchain among the strategic business goals for 2019-2022. This would generate the demand for blockchain integration by 2022 and consequently, would support the service segment to grow further in the coming years.

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37

North America Blockchain Market Revenue Share & Market Size, By Provider Figure XX: North America Blockchain Market Revenue Share (%) & Market Size (USD Million), By Provider, 2019 & 2025F

Application Provider

2019

2025F

Infrastructure Provider Middleware Provider

Source: MarkNtel Advisors

*These are dummy charts and do not represent actual value

Type

2019

2025F

CAGR (2020-25)

Application Provider

XX

XX

XX%

Infrastructure Provider

XX

XX

XX%

Middleware Provider

XX

XX

XX%

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38

North America Blockchain Market Size, By Type Figure XX: Global Blockchain Market Size (USD Million), By Type, 2019 & 2025F

2019

2025F

Private

Private

Public

Public

Hybrid

Hybrid

*These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

• Private: The government’s regulations in North American countries and emphasis to streamline military warehousing, authenticate government contract bids, assist law enforcement, and encourage transparency of government grants have been promulgating the

demand for private blockchain. Such applications include confidential information, therefore, require secure technology.

• The use of cryptocurrency is increasing in the region, which may lead to its use in illegal activities. To eliminate such risk, the government is expected to encourage the organizations for adopting privacy-centric blockchain technology. Hence, estimated that the market share of a private segment would surge in the coming years.

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39

North America Blockchain Market Revenue Share & Market Size, By Organization Figure XX: Global Blockchain Market Revenue Share (%) & Market Size (USD Million), By Organization, 2015 - 2025F

2015

2016

2017

2018

2019

2020

Small

Medium

2021

2022

2023

2024

2025

Large Source: MarkNtel Advisors

*These are dummy charts and do not represent actual value

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025F

CAGR (2020-25)

Small

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Medium

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Large

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Type

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40

North America Blockchain Market Revenue Share & Market Size, By Application Figure XX: North America Blockchain Market Revenue Share (%) & Market Size (USD Million), By Application, 2019 & 2025F Payment

Others

2019

2025

XX%

XX%

Documentation

2019

2025

2019

2025

XX%

XX%

XX%

XX%

2019: USD XX Million

Smart Contracts

Exchanges

2019

2025

2019

2025

XX%

XX%

XX%

XX%

Digital Identity

2019

2025F

CAGR (2020-25F)

Payment

XX

XX

XX%

Documentation

XX

XX

XX%

Exchanges

XX

XX

XX%

Supply Chain Management

XX

XX

XX%

Digital Identity

XX

XX

XX%

Smart Contracts

XX

XX

XX%

Others

XX

XX

XX%

Type

Supply Chain Management

2019

2025

2019

2025

XX%

XX%

XX%

XX%

Source: MarkNtel Advisors

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41

North America Blockchain Market Revenue Share, By End User Figure XX: North America Blockchain Market Revenue Share (%), By End User, 2019 & 2025F

• Retail & E-Commerce: The increased focus of retail companies towards personal identity, data management, online security for the communication among retailers

2019

and customers is driving the demand for deployment of

2025F

blockchain in the region from the past few years.

Walmart is among the organizations that have adopted blockchain technology in the region. The increasing demand for blockchain in the Retail sector for tracking

and monitoring is propelling the segment growth over Manufacturing

Government & Transportation

Logistics

Healthcare & Lifescience

Energy & Utilities

Media & Entertainment

the the past few years.

• The increasing

penetration

of the internet and

emergence of 5G in the region is surging the demand for XXXX and XXXX consequently, XXX companies start

BFSI

IT & Telecom

Retail & E-commerce

Others (Agriculture, etc.)

facing

problems in

managing

the supply

chain,

maintaining market place transparency and data

security, etc. To solve such problems, the demand for blockchain is anticipated to rise among e-commerce organizations over the next 5 years. This expected to rise *These are dummy charts and do not represent actual value

Source: MarkNtel Advisors

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the segment growth during 2020-25.

42

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