Home Blockchain Global Blockchain Technology Market Report 2021: Pandemic Highlights Blockchain’s Potential Role in Increasing Resilience of Business Communities & Ecosystems

Global Blockchain Technology Market Report 2021: Pandemic Highlights Blockchain’s Potential Role in Increasing Resilience of Business Communities & Ecosystems

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The “Blockchain Technology – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.

The Pandemic Highlights Blockchain’s Potential Position in Rising Resilience of Enterprise Communities & Ecosystems. The Market to Attain US$ 30.7 Billion.

The worldwide marketplace for Blockchain Expertise is projected to achieve US$ 30.7 billion by the 12 months 2027, trailing a submit COVID-19 CAGR of 43% over the evaluation interval 2020 by way of 2027.

At a time when the worldwide financial local weather is spinning uncontrolled, the blockchain expertise market is anticipated to face extreme short-term challenges within the 12 months 2020. This 12 months is anticipated to finish on a dismal notice because the pandemic continues to rage by way of the globe flaring up in second and third waves of infections, every worse than the earlier wave, persevering with to trigger giant scale human and monetary destruction in nations internationally.

Pessimism stays excessive amongst chief info officers (CIOs). The continued decline in enterprise confidence is a sign of the step by step worsening financial local weather, since enterprise confidence is a widely known main indicator of future output. Enterprise confidence, in different phrases, is a barometer of funding progress. As firms revisit their Funding spending plans, its little shock that IT budgets are being slashed.

IT budgets which within the pre-pandemic interval was projected to develop by over 5.5% to six.8% supported largely by enterprise software program spending is now set for sharp downward revisions. This downward revision comes even if the pandemic has set into movement a digital transformation wave. Whereas rising applied sciences like AI, IoT, automation, huge knowledge, and blockchain will profit within the submit COVID-19 interval as important applied sciences to have to make sure resilience to future disruptions, they presently come below the non-essential bracket particularly for firms struggling to outlive and stay afloat.

Nearly each expertise firm is going through monetary challenges of disrupted provide chains, enterprise alternatives and low shopper demand for items and companies. Incapacity to fulfill quarterly income targets imply diminished accessible funds for deliberate IT tasks.

Key Subjects Lined:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Born Out of Bitcoin, Blockchain Expertise Emerges to Disrupt the Digital Economic system

  • The Historical past of Bitcoin, Its Evolution, Its Brief-lived Ascend To Growth & Its Downfall

  • Blockchain Expertise Rises from the Ashes of Bitcoin

  • So What Are the Many Advantages of Blockchain That Double Up as Drivers of Adoption?

  • How the COVID-19 Pandemic Destroyed the International Economic system

  • Spending On Blockchain Expertise Slumps by -6.9% in Fiscal 12 months 2020

  • A Fast Put up-COVID-19 Restoration Anticipated in 2021

  • Regardless of the Present Slack in Demand, Blockchain Expertise Joins within the Struggle Towards COVID-19

  • Current Market Exercise

  • Improvements

  • World Manufacturers

2. FOCUS ON SELECT PLAYERS (Complete 251 Featured):

  • AlphaPoint Company

  • Blockchain International

  • Blockchain Tech Ltd

  • BlockCypher, Inc.

  • Bloq

  • Chain, Inc.

  • Coinfirm Ltd.

  • Consensus Techniques Applied sciences Company

  • Credit

  • Digital Asset Holdings, LLC

  • IBM

  • LUKKA, INC.

  • Microsoft Company

  • Monax Industries

  • Nasdaq

  • Ping Identification Company

  • The Bitfury Group

  • The Linux Basis

3. MARKET TRENDS & DRIVERS

  • A Assessment of Market Outlook Anticipated Within the Put up COVID-19 Interval

  • COVID-19 Triggers Unprecedented Disruptions within the Provide Chain & Accelerates the Urgency to Rethink Provide Chain Administration

  • This is How The Position of Blockchain Turns into Greater in Put up COVID-19 Administration of Provide Chains

  • COVID-19 to Emerges because the Push Issue for Adoption of Blockchain in Healthcare

  • This is How the Pandemic Is Accelerating Digitalization of Healthcare

  • Rise of Telemedicine Throughout COVID-19 Instances Brings Blockchain Into the Highlight to Defend Telemedicine Applications

  • Different Methods in Which Blockchain Can Revolutionize the Healthcare System within the Put up COVID-19 Interval

  • Storming Into the Highlight Is the Use of Blockchain in Preventing Counterfeiting of Medication & Managing Medical Trials

  • Put up COVID-19 Deal with Sustainability to Drive Blockchain Adoption in Environmental Governance

  • This is Why the Surroundings & Sustainability Can be Prime Priorities After the Pandemic

  • How Blockchain Can Assist Tackle the Sustainability Problem?

  • Inefficiencies of Public Sector & Authorities Companies Can Now Lastly Be Addressed Utilizing Blockchain

  • Blockchain-Enabled E-Voting May Very Properly be the Way forward for Organizational & Nationwide Voting

  • A Rising Marketplace for Good Agriculture to Increase Adoption of Blockchain

  • Good Agriculture Turns into a US$12 Billion International Market

  • Blockchain’s Position in Good Agriculture Demystified

  • Rising IoT Ecosystems Techniques to Energy Blockchain Implementations

  • Good Contracts Are Among the many Most Promising Use Circumstances of Distributed Ledger Expertise

  • Monetary Companies Sector: The Most Profitable Software Space for Blockchain

  • Blockchain to Enhance Transparency, Safety, Immutability & Accessibility of Monetary Techniques & Processes

  • Blockchain Can Assist in Monetary Inclusion of the Unbanked

  • On-line Banking Fraud May Turn out to be Historical past With Blockchain

  • Blockchain-based Funds Processing: An Lively Space of Curiosity for Banks

  • Large Potential for Blockchain Expertise within the Pharmaceutical Trade

  • Blockchain & Synthetic Intelligence (AI): A Highly effective Mixture

  • How the Journey Trade Is Benefiting from Blockchain & AI Combo

  • A Promising Progress Outlook for Blockchain Expertise within the Vitality Sector

  • Blockchain Powered Options to Streamline Processes in Logistics, Trucking and Industrial Transportation Trade

  • Promising Future for Blockchain in Media, Promoting & Leisure Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For extra details about this report go to https://www.researchandmarkets.com/r/v05bx4

View supply model on businesswire.com: https://www.businesswire.com/news/home/20210407005824/en/

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