Market Overview:
The global blockchain security solutions market is expected to grow from USD 1.2 billion in 2018 to USD 7.7 billion by 2030, at a CAGR of 24.8% during the forecast period. The growth of this market can be attributed to the increasing demand for secure and transparent transactions, rising adoption of blockchain technology by financial institutions, and government initiatives for the development of blockchain-based applications. However, lack of standardization and regulatory uncertainty are some major factors restraining the growth of this market. Based on type, the private blockchain segment is expected to hold the largest share in the global blockchain security solutions market during the forecast period. Private blockchains are more secure than public blockchains as they allow only authorized users to access or modify data stored on them. These blockchains are mainly used by enterprises for conducting confidential transactions and sharing data among a restricted group of participants.
Product Definition:
A blockchain security solution is a type of software that helps to secure the blockchain network. It can be used to help protect against attacks on the network and also to help ensure that transactions are carried out securely. The importance of blockchain security solutions is that they help to keep the blockchain network safe and secure, which helps to ensure that transactions are carried out reliably and accurately.
Private Blockchain:
Private blockchain is a permissioned chain. Permissioned means only members in the group can access the information at any given time. In other words, this technology allows companies to set up a private network based on shared records management and digital ledgers without compromising on security or privacy.
The technology offers several benefits such as cost efficiency, better control over data,.
Public Blockchain:
Public blockchain is a record of transactions between two parties in an open network. These ledgers are viewable by any party and can be used to verify the records. Public blockchains are often used for recording digital assets, such as Bitcoin, Ethereum, or Litecoin. The technology helps ensure transparency and trust among users by creating a permanent record of every transaction that has ever taken place on the system.
Application Insights:
The financial services segment dominated the market in 2017 and is expected to maintain its dominance over the forecast period. The growing adoption ofblockchain technology across various financial services verticals, such as payments, trade finance, asset management and clearing & settlement are some of the key factors driving the growth. Moreover, increasing demand for blockchain solutions by major banks and other financial institutions to improve their operational efficiency is also likely to contribute toward segment growth.
The government application segment accounted for a significant share in 2017 owing to increased usage ofblockchain technology within governments across different countries worldwide. Blockchain can be used for recording transactions publicly & privately; voting system maintenance; identity proofing; digital notarization among others. Various government agencies are conducting research on blockchain applications that could potentially transform public sector administration globally.
Regional Analysis:
The North American regional market is anticipated to dominate the global market over the forecast period. The growth can be attributed to increasing investments in R&D and implementation of new technologies across various sectors, such as government, healthcare, financial services, and others. Moreover, growing adoption of Distributed Ledger Technology (DLT) for recording transactions among different entities is expected to drive demand for security solutions in this region.
Asia Pacific regional market captured a significant share owing to increased spending on developing smart cities and implementing innovative technologies across various industries such as IoT devices & applications; real estate; supply chain management; music distribution & royalty management; banking sector fraud prevention & detection systems among others. Furthermore, increasing number of Initial Coin Offering (ICO) projects has led to an increase in investment opportunities for these companies resulting in high demand from investors/cryptocurrency miners looking for suitable mining facilities with low operational costs along with stable power supply etc.
Growth Factors:
- Increasing demand for secure and transparent transactions across industries
- Rising number of cyber-attacks and data breaches
- Growing awareness about the benefits of blockchain technology
- Proliferation of IoT devices and the need for secured data exchange between them
- Development of innovative blockchain security solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Blockchain Security Solutions Market Research Report
By Type
Private Blockchain, Public Blockchain, Consortium Blockchain
By Application
Financial Services, Government, Healthcare, Internet-of-Things (IoT), Cryptocurrencies, Insurance, Music, Real Estate, Supply Chain
By Companies
Oracle, IBM, Kaspersky, Gemalto, ClearSky, Accenture, Komodo Platform, Aujas, Blockchain Solutions Limited, G2 Crowd, Inc, Swisscom Blockchain AG, Adnovum, Hosho, AT&T, Blocklink GmbH, Insolar, Cervais, ALTR, Vakaxa, Ledger, DMG Blockchain Solutions Inc, Ardor, BitFury, Beijing Zhidaochuangyu
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Blockchain Security Solutions Market Report Segments:
The global Blockchain Security Solutions market is segmented on the basis of:
Types
Private Blockchain, Public Blockchain, Consortium Blockchain
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
Financial Services, Government, Healthcare, Internet-of-Things (IoT), Cryptocurrencies, Insurance, Music, Real Estate, Supply Chain
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:
- Oracle
- IBM
- Kaspersky
- Gemalto
- ClearSky
- Accenture
- Komodo Platform
- Aujas
- Blockchain Solutions Limited
- G2 Crowd, Inc
- Swisscom Blockchain AG
- Adnovum
- Hosho
- AT&T
- Blocklink GmbH
- Insolar
- Cervais
- ALTR
- Vakaxa
- Ledger
- DMG Blockchain Solutions Inc
- Ardor
- BitFury
- Beijing Zhidaochuangyu
Highlights of The Blockchain Security Solutions 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:
- Private Blockchain
- Public Blockchain
- Consortium Blockchain
- By Application:
- Financial Services
- Government
- Healthcare
- Internet-of-Things (IoT)
- Cryptocurrencies
- Insurance
- Music
- Real Estate
- Supply Chain
- 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 Security Solutions 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:
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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
Frequently Asked Questions?
Blockchain security solutions are a set of technologies that help protect blockchain networks from attacks. These technologies can include things like encryption, authentication, and governance mechanisms. They can also include measures to prevent malicious actors from gaining access to or manipulating data on a blockchain network.
Some of the major players in the blockchain security solutions market are Oracle, IBM, Kaspersky, Gemalto, ClearSky, Accenture, Komodo Platform, Aujas, Blockchain Solutions Limited, G2 Crowd, Inc, Swisscom Blockchain AG, Adnovum, Hosho, AT&T, Blocklink GmbH, Insolar, Cervais, ALTR, Vakaxa, Ledger, DMG Blockchain Solutions Inc, Ardor, BitFury, Beijing Zhidaochuangyu.
The blockchain security solutions market is expected to register a CAGR of 24.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Blockchain Security Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Blockchain Security Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Blockchain Security Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Blockchain Security Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Blockchain Security Solutions Market Size & Forecast, 2018-2028
4.5.1 Blockchain Security Solutions Market Size and Y-o-Y Growth
4.5.2 Blockchain Security Solutions Market Absolute $ Opportunity
Chapter 5 Global Blockchain Security Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Blockchain Security Solutions Market Size Forecast by Type
5.2.1 Private Blockchain
5.2.2 Public Blockchain
5.2.3 Consortium Blockchain
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Blockchain Security Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Blockchain Security Solutions Market Size Forecast by Applications
6.2.1 Financial Services
6.2.2 Government
6.2.3 Healthcare
6.2.4 Internet-of-Things (IoT)
6.2.5 Cryptocurrencies
6.2.6 Insurance
6.2.7 Music
6.2.8 Real Estate
6.2.9 Supply Chain
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blockchain Security Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Blockchain Security Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Blockchain Security Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Blockchain Security Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Blockchain Security Solutions Market Size Forecast by Type
9.6.1 Private Blockchain
9.6.2 Public Blockchain
9.6.3 Consortium Blockchain
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Blockchain Security Solutions Market Size Forecast by Applications
9.10.1 Financial Services
9.10.2 Government
9.10.3 Healthcare
9.10.4 Internet-of-Things (IoT)
9.10.5 Cryptocurrencies
9.10.6 Insurance
9.10.7 Music
9.10.8 Real Estate
9.10.9 Supply Chain
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Blockchain Security Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Blockchain Security Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Blockchain Security Solutions Market Size Forecast by Type
10.6.1 Private Blockchain
10.6.2 Public Blockchain
10.6.3 Consortium Blockchain
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Blockchain Security Solutions Market Size Forecast by Applications
10.10.1 Financial Services
10.10.2 Government
10.10.3 Healthcare
10.10.4 Internet-of-Things (IoT)
10.10.5 Cryptocurrencies
10.10.6 Insurance
10.10.7 Music
10.10.8 Real Estate
10.10.9 Supply Chain
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Blockchain Security Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Blockchain Security Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Blockchain Security Solutions Market Size Forecast by Type
11.6.1 Private Blockchain
11.6.2 Public Blockchain
11.6.3 Consortium Blockchain
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Blockchain Security Solutions Market Size Forecast by Applications
11.10.1 Financial Services
11.10.2 Government
11.10.3 Healthcare
11.10.4 Internet-of-Things (IoT)
11.10.5 Cryptocurrencies
11.10.6 Insurance
11.10.7 Music
11.10.8 Real Estate
11.10.9 Supply Chain
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Blockchain Security Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Blockchain Security Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Blockchain Security Solutions Market Size Forecast by Type
12.6.1 Private Blockchain
12.6.2 Public Blockchain
12.6.3 Consortium Blockchain
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Blockchain Security Solutions Market Size Forecast by Applications
12.10.1 Financial Services
12.10.2 Government
12.10.3 Healthcare
12.10.4 Internet-of-Things (IoT)
12.10.5 Cryptocurrencies
12.10.6 Insurance
12.10.7 Music
12.10.8 Real Estate
12.10.9 Supply Chain
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Blockchain Security Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Blockchain Security Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Blockchain Security Solutions Market Size Forecast by Type
13.6.1 Private Blockchain
13.6.2 Public Blockchain
13.6.3 Consortium Blockchain
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Blockchain Security Solutions Market Size Forecast by Applications
13.10.1 Financial Services
13.10.2 Government
13.10.3 Healthcare
13.10.4 Internet-of-Things (IoT)
13.10.5 Cryptocurrencies
13.10.6 Insurance
13.10.7 Music
13.10.8 Real Estate
13.10.9 Supply Chain
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Blockchain Security Solutions Market: Competitive Dashboard
14.2 Global Blockchain Security Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oracle
14.3.2 IBM
14.3.3 Kaspersky
14.3.4 Gemalto
14.3.5 ClearSky
14.3.6 Accenture
14.3.7 Komodo Platform
14.3.8 Aujas
14.3.9 Blockchain Solutions Limited
14.3.10 G2 Crowd, Inc
14.3.11 Swisscom Blockchain AG
14.3.12 Adnovum
14.3.13 Hosho
14.3.14 AT&T
14.3.15 Blocklink GmbH
14.3.16 Insolar
14.3.17 Cervais
14.3.18 ALTR
14.3.19 Vakaxa
14.3.20 Ledger
14.3.21 DMG Blockchain Solutions Inc
14.3.22 Ardor
14.3.23 BitFury
14.3.24 Beijing Zhidaochuangyu
