Global Blockchain for Enterprise Applications Market by Type (Public Blockchains, Private Blockchains, Semi-Private or Hybrid Blockchains), By Application (Large Company Enterprises, Middle and Small Enterprises) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global blockchain for enterprise applications market is expected to grow at a CAGR of 31.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into public blockchains, private blockchains and semi-private or hybrid blockchains. The public blockchain segment dominated the global blockchain for enterprise applications market in 2017 and is expected to continue its dominance during the forecast period. On the basis of application, large company enterprises accounted for majority share in 2017 and are expected to maintain their dominance during the forecast period.



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Product Definition:

A blockchain is a public ledger of all cryptocurrency transactions. It is constantly growing as "completed" blocks are added to it with a new set of recordings. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Bitcoin nodes use the block chain to differentiate legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.

Public Blockchains:

Public blockchains are open source networks that can be freely accessed by any user. They are also known as public permissioned ledgers, since they require a centralized authority to issue new bitcoins (in the case of Bitcoin) or create new ether (in the case of Ethereum). Public blockchains were initially designed for use in bitcoin mining. However, they have found widespread application in digital payments and asset management systems due to their low transaction fees and faster processing times.

Private Blockchains:

Private blockchains are permissioned networks. Permission to join a private blockchain is granted based on the contributor's role in an organization. Private blockchains can be used by organizations to transfer digital assets, such as files, emails or database records, between members with proper authentication and authorization. The technology helps companies achieve better cost savings and faster time to market with reduced risk of data theft or fraud due to its secured architecture.

Application Insights:

The large company enterprises segment accounted for the largest market share in 2017. This is due to the fact that these companies have a global presence and need to interoperate with other organizations or systems across different geographical locations. The integration of blockchain technology into enterprise applications helps in reducing operational costs, as it eliminates intermediaries during the transaction process. It also enables secure data transfer and storage by creating an encrypted chain of custody throughout the supply chain network, which includes multiple parties.

Smaller companies can also benefit from blockchain technology owing to its ability to securely connect different departments within an organization such as IT, accounting, sales and marketing etc., which eventually leads to improved overall business operations.

Regional Analysis:

The North American regional market is anticipated to dominate the global market in terms of revenue share. The growth can be attributed to the presence of a large number of prominent players operating in this region, including IBM Corporation; Microsoft Corporation; Chain Inc.; ConsenSys, LLC; Digital Asset Holdings, Inc.; and R3CEV. These companies are actively collaborating with various financial institutions and other organizations to develop enterprise applications on blockchains. For instance, IBM has collaborated with UBS AG and Bank Of New York Mellon Corp., among others.

Asia Pacific is expected to witness significant growth over the forecast period owing to increasing government initiatives for developing innovative solutions based on blockchains across several industries such as banking & finance (financing), insurance (insurance), land registry & property ownership verification, supply chain management among others. Furthermore, growing investments by key industry players such as Baidu Inc., Alibaba Group Holding Ltd., China Telecom Global Limited are also contributing towards regional growth prospects.

Growth Factors:

Increased acceptance of Blockchain technology by businesses for enterprise applications.
The increasing demand for transparent and secure business transactions.
The growing trend of decentralized business applications.
The increasing popularity of Blockchain-as-a-Service (BaaS).
Improved scalability and performance of Blockchain technology


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Scope Of The Report
Report Attributes
Report Details
Report Title
Blockchain for Enterprise Applications Market Research Report
By Type
Public Blockchains, Private Blockchains, Semi-Private or Hybrid Blockchains
By Application
Large Company Enterprises, Middle and Small Enterprises
By Companies
Barclays, BigchainDB, Block Array, ConsenSys, Digital Asset Holdings, Ericsson, Ethereum, Everledger, Evernym, Factom, Filament, Guardtime, Hewlett Packard Enterprise, IBM, Mavenir Systems, Microsoft, Mobivity, Omega Grid
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.

Global Blockchain for Enterprise Applications Market Report Segments:
The global Blockchain for Enterprise Applications market is segmented on the basis of:
Types
Public Blockchains, Private Blockchains, Semi-Private or Hybrid Blockchains
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Company Enterprises, Middle and Small Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Barclays
BigchainDB
Block Array
ConsenSys
Digital Asset Holdings
Ericsson
Ethereum
Everledger
Evernym
Factom
Filament
Guardtime
Hewlett Packard Enterprise
IBM
Mavenir Systems
Microsoft
Mobivity
Omega Grid



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Highlights of The Blockchain for Enterprise Applications Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Public Blockchains
Private Blockchains
Semi-Private or Hybrid Blockchains
By Application:
Large Company Enterprises
Middle and Small Enterprises
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Blockchain for Enterprise Applications Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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