Global blockchain market forecast & opportunities, 2022 brouchure

G l o b a l B l o c kc h a i n M a r ke t By Ty p e,

By A p p l i c a t i o n , By E n te r p r i s e, By E n d U s e r, Co m p e t i t i o n Fo re c a s t & O p p o r t u n i t i e s , 2012 – 2022 Market Intelligence . Consulting

Ta b l e o f C o n t e n t s S. No.

Contents

1.

Product Overview

2.

Research Methodology

3.

Analyst View

4.

Global Blockchain Market Outlook 4.1.

Market Size & Forecast 4.1.1.

4.2.

By Value

Market Share & Forecast 4.2.1.

By Type (Public, Private and Hybrid)

4.2.2.

By Application (Financial Vs. Non-Financial)

4.2.3.

By Enterprise (Large Enterprises Vs. Small Enterprises)

4.2.4.

By End User (BFSI, Corporate, Government, and Others)

4.2.5.

By Region

4.2.6.

By Company

5.

Global Blockchain Market Attractiveness Index

6.

Europe Blockchain Market Outlook 6.1.

Market Size & Forecast 6.1.1.

6.2.

By Value

Market Share & Forecast 6.2.1.

By Type (Public, Private and Hybrid)

6.2.2.

By Application (Financial Vs. Non-Financial)

6.2.3.

By End User (BFSI, Corporate, Government, and Others)

6.2.4.

By Country

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Ta b l e o f C o n t e n t s S. No.

Contents 6.3.

United Kingdom Blockchain Market Outlook 6.3.1.

Market Size & Forecast 6.3.1.1.

6.3.2.

Market Share & Forecast 6.3.2.1.

6.4.

Market Size & Forecast 6.4.1.1.

6.4.2.

By End User (BFSI, Corporate, Government, and Others)

France Blockchain Market Outlook 6.5.1.

Market Size & Forecast 6.5.1.1.

6.5.2.

By Value

Market Share & Forecast 6.5.2.1.

By End User (BFSI, Corporate, Government, and Others)

Spain Blockchain Market Outlook 6.6.1.

Market Size & Forecast

6.6.1.1.

6.6.2.

By Value

Market Size & Forecast 6.6.2.2.

6.7

By Value

Market Share & Forecast 6.4.2.1.

6.6.

By End User (BFSI, Corporate, Government, and Others)

Germany Blockchain Market Outlook 6.4.1.

6.5.

By Value

By End User (BFSI, Corporate, Government, and Others)

Sweden Blockchain Market Outlook 6.7.1.

Market Size & Forecast 6.7.1.1.

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By Value Š TechSci Research

Ta b l e o f C o n t e n t s S. No.

Contents 6.7.2.

Market Share & Forecast 6.7.2.1.

7.

By End User (BFSI, Corporate, Government, and Others)

North America Blockchain Market Outlook 7.1.

Market Size & Forecast 7.1.1.

7.2.

7.3.

By Value

Market Size & Forecast 7.2.1.

By Type (Public, Private and Hybrid)

7.2.2

By Application (Financial Vs. Non-Financial)

7.2.3

By End User (BFSI, Corporate, Government, and Others)

7.2.4

By Country

Canada Blockchain Market Outlook 7.3.1.

Market Size & Forecast

7.3.1.1.

7.3.2.

Market Size & Forecast 7.3.2.1.

7.4.

By End User (BFSI, Corporate, Government, and Others)

USA Blockchain Market Outlook 7.4.1.

Market Size & Forecast 7.4.1.1.

7.4.2.

By Value

Market Size & Forecast 7.4.2.1.

7.5.

By Value

By End User (BFSI, Corporate, Government, and Others)

Mexico Blockchain Market Outlook 7.5.1.

Market Size & Forecast 7.5.1.1.

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By Value Š TechSci Research

Ta b l e o f C o n t e n t s S. No.

Contents 7.5.2.

Market Size & Forecast 7.5.2.1.

8.

By End User (BFSI, Corporate, Government, and Others)

Asia Pacific Blockchain Market Outlook 8.1.

Market Size & Forecast 8.1.1.

8.2.

8.3.

By Value

Market Size & Forecast 8.2.1.

By Type (Public, Private and Hybrid)

8.2.2

By Application (Financial Vs. Non-Financial)

8.2.3

By End User (BFSI, Corporate, Government, and Others)

8.2.4

By Country

China Blockchain Market Outlook 8.3.1.

Market Size & Forecast 8.3.1.1.

8.3.2.

Market Share & Forecast 8.3.2.1.

8.4.

By End User (BFSI, Corporate, Government, and Others)

Japan Blockchain Market Outlook 8.4.1.

Market Size & Forecast 8.4.1.1.

8.4.2.

By Value

Market Size & Forecast 8.4.2.1.

8.5.

By Value

By End User (BFSI, Corporate, Government, and Others)

South Korea Blockchain Market Outlook 8.5.1.

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Market Size & Forecast Š TechSci Research

Ta b l e o f C o n t e n t s S. No.

Contents 8.5.1.1 8.5.2.

Market Share & Forecast 8.5.2.1.

8.6.

Market Size & Forecast 8.6.1.1.

8.6.2.

By Value

Market Share & Forecast 8.6.2.1.

By End User (BFSI, Corporate, Government, and Others)

Australia Blockchain Market Outlook 8.7.1.

Market Size & Forecast 8.7.1.1.

8.7.2.

By Value

Market Share & Forecast 8.3.2.1.

9.

By End User (BFSI, Corporate, Government, and Others)

Singapore Blockchain Market Outlook 8.6.1.

8.7.

By Value

By End User (BFSI, Corporate, Government, and Others)

South America Blockchain Market Outlook 9.1.

Market Size & Forecast 9.1.1.

9.2.

9.3.

By Value

Market Share & Forecast 9.2.1.

By Type (Public, Private and Hybrid)

9.2.2.

By Application (Financial Vs. Non-Financial)

9.2.3.

By End User (BFSI, Corporate, Government, and Others)

9.2.4.

By Country

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Chile Blockchain Market Outlook Š TechSci Research

Ta b l e o f C o n t e n t s S. No.

Contents 9.3.1.

Market Size & Forecast

9.3.1.1.

9.3.2.

Market Share & Forecast 9.3.2.1.

9.4.

Market Size & Forecast 10.4.1.1.

9.4.2.

By Value

Market Share & Forecast 10.4.2.1.

By End User (BFSI, Corporate, Government, and Others)

Argentina Blockchain Market Outlook 9.5.1.

Market Size & Forecast 9.5.1.1.

9.5.2.

By Value

Market Share & Forecast 9.5.2.1.

10.

By End User (BFSI, Corporate, Government, and Others)

Brazil Blockchain Market Outlook 9.4.1.

9.5.

By Value

By End User (BFSI, Corporate, Government, and Others)

Middle East & Africa Blockchain Market Outlook 10.1

Market Size & Forecast 10.1.1

10.2.

By Value

Market Size & Forecast 10.2.1.

By Type (Public, Private and Hybrid)

10.2.2.

By Application (Financial Vs. Non-Financial)

10.2.3.

By End User (BFSI, Corporate, Government, and Others)

10.2.4.

By Country

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Ta b l e o f C o n t e n t s S. No.

Contents 10.3

UAE Blockchain Market Outlook 10.3.1.

Market Size & Forecast 10.3.1.1.

10.3.2.

Market Share & Forecast 10.3.2.1.

10.4.

Market Size & Forecast 10.4.1.1.

10.4.2.

Market Size & Forecast 10.5.1.1.

10.5.2.

By Value

Market Share & Forecast 10.5.2.1.

By End User (BFSI, Corporate, Government, and Others)

Africa Blockchain Market Outlook 10.6.1

Market Size & Forecast 10.6.1.1.

10.6.2

Market Dynamics

By Value

Market Share & Forecast 10.6.2.1.

11.1.

By End User (BFSI, Corporate, Government, and Others)

Saudi Arabia Blockchain Market Outlook 10.5.1.

11.

By Value

Market Share & Forecast 10.4.2.1.

10.6.

By End User (BFSI, Corporate, Government, and Others)

Israel Blockchain Market Outlook 10.4.1.

10.5.

By Value

By End User (BFSI, Corporate, Government, and Others)

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Impact Analysis Š TechSci Research

Ta b l e o f C o n t e n t s S. No.

12.

13.

Contents 11.2.

Drivers

11.3.

Challenges

Market Trends & Developments 12.1.

Blockchain – Redistributed Wealth Mechanism

12.2.

Easy Cashless Transactions

12.3.

Increasing Usage in Property Ownership Records

12.4.

Companies with True Sharing Economies

12.5.

Improved Remittance Structure

12.6.

Security of Private Information

12.7.

Blockchain Smart Contracts

12.8.

Reduction in Transaction Costs

Competitive Landscape 13.1.

Competitive Benchmarking

13.2.

International Business Machines (IBM)

13.3.

Microsoft Corporation

13.4.

BTL Group Ltd

13.5.

R3 (R3CEV LLC)

13.6.

Chain Inc.

13.7.

Abra

13.8.

Samsung SDS

13.9.

BlockCypher, Inc.

13.10

Earthport PLC

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Ta b l e o f C o n t e n t s S. No.

Contents 13.11

Ethereum Switzerland GmbH

13.12

Ripple Labs Inc.

13.13.

BigchainDB Gmbh

13.14.

Humaniq

13.15.

Bloq Inc

13.16

ConsenSys, LLC

13.17

Huobi Technology Co.,Ltd.

13.18

Storj Labs, Inc.

13.19.

Factom, Inc

13.20.

Blockstream, Inc.

13.21.

Tierion, Inc

14.

Strategic Recommendations

15.

About Us & Disclaimer

10 © TechSci Research

Product Overview

“The Internet of Value” – The Public Blockchain is a distributed ledger record, that records if a transaction occurred, when it happened and if it was correctly recorded, without exposing any confidential details about the sender and receiver involved. Every time a transaction takes place, it is written in a block. The block is then hashed by the miners (a process of solving the complex algorithm mathematically for verification of the transaction). Once the transaction is verified, it is permanently written in the block. A block is filled in 10 minutes and linked with the previous chain of blocks, thereby forming a “Blockchain”. A new block is created and the same process repeats.

The first Blockchain transaction was created in 2009 by Satoshi Nakamoto (The alias for the founder of bitcoin & blockchain). Blockchain can be Public (bitcoin blockchain), Private (Hyper-ledger) or hybrid.

Bitcoin is an encrypted virtual currency using the Blockchain technology to perform financial transactions.

During the financial crises in 2008, Bitcoin was developed as an alternative to traditional currencies in order to reduce affect of market fluctuations and inflation along with the motive to enable trust between unknown parties transacting.

The Bitcoin works on a peer-to-peer digital payment system, on the basis of consensus. Majority of the users

need to agree on the transaction, for it to be written on the blockchain. This removes the need for third party interference and is far more efficient than traditional banking solutions.

11 © TechSci Research

Product Overview

Bitcoins don’t have actual physical existence but the can be used as currency. The number of vendors accepting bitcoins are increasing with the increase in awareness about the cryptocurrency.

The transaction which takes place two parties undergoes verification process will done by ‘miners’, which ensures that the transaction is between existing accounts of the parties on the network. So that there is no case of fraud.

Once the block of transactions is verified by a consensus of miners, it is added to a publically available ‘distributed ledger’ in chronological order , and cannot be reversed or changed, and is immutable.

The cryptocurrency bitcoin is generated by mining, and 12.5 bitcoins are generated as a reward or incentive for mining (maintaining a server and verifying the data). Mining is expensive process as it consumes huge computing power, resources and electricity.

The public block chain is the most widely used but consumes a lot of electricity and time, Using a hard fork miners have been able to increase the size of the block and increase the transaction fees. The private blockchain are much faster in nature and can be customized as per requirement of the business, companies like IBM provide blockchain as a service. This help various organizations to adopt the blockchiain technology for their business operations.

12 © TechSci Research

Product Overview With the emergence of quantum computers, The encryption of the private key can be decrypted . Satoshi Nakamoto was aware of the possibility that a stronger computer power will emerge as per Moore's law, and made the software in a way that it can be upgraded. SHA-384 or SHA-512 can even withstand breaches from a quantum computer.

The private blockchain does not work on the basis of consensus of the majority and instead specific personnel are chosen to verify the transaction, The private blockchain is much more faster as there is no mining process and does not require enormous amounts of computing power. All the multi national banks and Corporates are deploying private blockchain for their business.

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Research Methodology Our dedicated team of industry experts comprehensively monitored and analyzed various aspects of global blockchain market. The team also analysed various industry segments and speculated a positive future for the industry. Taking into consideration growth in various fields such as financial, healthcare, etc., our team of analysts has provided a prudent analysis of the industry’s performance in future. This would enable our clients in planning investment decisions and explore growth opportunities in global blockchain market.

For our study, we have gathered information through primary research surveys with various players in the global blockchain market, followed by an exhaustive search of credible paid databases. Our team of experts has then prudently evaluated all the collected information and organized it in a chronological order to depict a meaningful and clear picture of global blockchain market.

In addition, while compiling the data, we have also validated all the collected information from multiple sources and data warehouses in order to present the most accurate and precise information of the concerned industry.

We have also identified and analyzed all emerging trends, including important drivers & challenges in global blockchain market. We have also presented various forecasts for the industry based on our in-depth analysis of market dynamics, prevalent trends, major developments and growth opportunities. Data provided in the report depicts the Financial Year. For instance, 1st January, 2012 – 31st December, 2012 (stated in the report as 2012), and the same is applicable for all corresponding years.

Companies Interviewed

IBM, Microsoft, R3CEV, Chain, Samsung, Ripple Labs Inc., Abra, Earthport PLC , Ethereum Switzerland GmbH, BigchainDB Gmbh etc.

:Sources

Company Website, Annual Reports, Press Releases, etc.

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Industry Brief

Global Blockchain Market to Skyrocket at 43% CAGR until 2022 According to recently released TechSci Research report, “Global Blockchain Market By Type, By Application, By Enterprise, By End User, Competition Forecast & Opportunities, 2012 – 2022”, the global blockchain market is projected to grow at a CAGR of more than 43% during 2017 – 2022 on account of growing awareness about the blockchain solutions among the fortune 500 companies coupled with rapidly increasing FinTech spending across the globe. With a surging number of multinational financial institutions across the world adopting blockchain technology, the global blockchain market is on a strong upswing.

Public blockchain dominated the global blockchain market in 2016, and the segment is expected to maintain its dominance over the next five years as well. Public blockchain protocols are based on the Proof of Work (POW) consensus algorithms, which are open source, which implies that everyone can explore them. Anyone can download the code and run a public node on their local device, validating the transactions in the network, thus participating in the consensus process (the process for determining which blocks get added to the chain and what is the current state). BFSI sector is the largest user of blockchain technology across the globe, and the trend is expected to prevail during the forecast period.

“Blockchain technology helps in resolving challenges associated with transaction speed, verification process and data limitations. Blockchain technology enables disintermediation & trustless exchange, enabling two parties to make an exchange without the oversight or intermediation of the third party, thereby strongly reducing, or rather, eliminating the counterparty risk. In addition, this technology empowers the users as they are in absolute control of all their information and transactions.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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Sample Data- Snapshot Figure 1: Global Blockchain Market Size, By Value, 2012-

Figure 3: Global Blockchain Market Share, By

2022F (USD Million)

Type, By Value, 2012–2022F

CAGR X% (2012-2016)

25

75

50

CAGR X% (2017E-2022F)

275 225 250 200 150 175

100 125

50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 2012 2013 2014 2015 2016 2017E2018F2019F2020F2021F2022F

Figure 2: Global Startup Size, By Investment Share, 2014-2017E

Public

1%

2%

3%

4%

5%

6%

7%

8%

9%

Private

Hybrid

Figure 12: Global Blockchain Market Attractiveness Index, By Application, By Value, 2017E-2022F

CAGR (2017E-2022F)

16% 14% 12% 10% 8% 6% 4% 2% 0%

15% 14% 13% 12% 11% 10%

85% 65% 45%

Financial

25%

Non-Financial

Figure 5: Global Blockchain Market Share, By Enterprise, By Value, 2015 – 2022F 60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

5% 0.00

3.00 Low

6.00 Medium

High

Note: The size of the bubble corresponds to the market size in 2016

2015

2016

2017E

2018F

Small Enterprise

2019F

2020F

2021F

Large Enterprise

2022F

Source: XXXXX Note: These are dummy figures; please purchase our report for actual data

16 © TechSci Research

Report Ordering

Report Name: Global Blockchain Market By Type,

By Application, By Enterprise, By End User, Competition Forecast & Opportunities, 2012 – 2022 Report Price License Type

Price

Electronic Access - Single User License

$4000

CD-ROM Mail Delivery

$4500

Hard Copy Mail Delivery

$5000

Electronic Access - Multi-User License

$8000

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Disclaimer : The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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