Market Overview:
Public blockchain technology in energy is a distributed ledger technology that enables secure, transparent and immutable transactions of energy. It helps to reduce the cost and complexity of energy transactions. The global public blockchain technology in energy market is expected to grow at a CAGR of 33.8% during the forecast period 2018-2030. The global public blockchain technology in energy market by type is segmented into software, service, and public blockchain technology in energ. The software segment dominates the global market with a share of more than 60%. This can be attributed to the growing demand for decentralized applications (DApps) and smart contracts across various industries.
Product Definition:
Public blockchain technology is a distributed ledger technology that enables secure, transparent and tamper-proof transactions. It can be used to securely track energy usage and emissions data, as well as to manage energy assets and transactions.
Software:
Software is the part of IT that provides a framework for building applications and helps manage data. In simple words, Software Defined Networking (SDN) is the technology which allows network designer to define and control various aspects of network function such as flow, admission control, security policy etc. using software defined rules.
The key factor responsible for SDN adoption is its ability to allow users to customize networking according to their requirements without requiring any changes in existing infrastructure or management consoles.
Service:
Service is the mechanism that allows two nodes in a network to communicate and perform an action when triggered by certain events. In public blockchain technology, service means performing some actions for enabling smart meters to connect with the energy suppliers’ systems and obtain information regarding electricity consumption. The data obtained from these meters is then transmitted to the cloud where it can be analyzed by any party.
Smart meter: A smart meter measures electric energy usage in real-time.
Application Insights:
The public blockchain technology in energy market is segmented into seven applications, namely smart home & wearables, smart energy, smart security, manufacturing, transportation & logistics, healthcare and others. The others application segment includes retail banking and financial services. The healthcare segment is expected to witness the highest growth over the forecast period owing to increasing demand for patient data safety and privacy.
Smart home & wearables accounted for a significant share of 21% in 2017 owing to growing consumer awareness regarding their personal data protection against cyberattacks through implementation of robust security systems at their homes or offices.
Regional Analysis:
The North American regional market is anticipated to dominate the global industry 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 manufacturing, healthcare, and others. Moreover, growing adoption of public blockchains for digital currencies in countries such as U.S., Canada, and Mexico are expected to drive demand over the next eight years.
Asia Pacific is projected to emerge as a lucrative region during the same period owing to increasing government initiatives pertaining towards utilization ofblockchain technology for energy trading across several Asian countries including China and India among others). Furthermore, rising number of startups offering their services through public blockchains will also contribute towards regional growth over next eight years (see section titled 'Other Factors Influencing Growth').
Growth Factors:
- Increased transparency and security in energy trading due to the immutable nature of public blockchain technology.
- Reduced costs and increased efficiency through automation of processes using smart contracts on a public blockchain platform.
- Development of new applications and use cases for public blockchain technology in the energy sector, such as peer-to-peer renewable energy trading or grid management/control.
- Increased trust among stakeholders due to the decentralized nature of a public blockchain network with no central authority or control point.
- Accelerated innovation through open-source development and collaboration among developers, startups, enterprises, and governments
Scope Of The Report
Report Attributes
Report Details
Report Title
Public Blockchain Technology in Energy Market Research Report
By Type
Software, Service, Public Blockchain Technology in Energ
By Application
Smart Home & Wearables, Smart Energy, Smart Security, Manufacturing, Transportation & Logistics, Healthcare, Others
By Companies
IBM, Microsoft, Accenture, ConsenSys, Infosys, Drift, Electron, Btl Group Ltd., LO3 Energy Inc, Power Ledger, Public Blockchain Technology in Energ
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Public Blockchain Technology in Energy Market Report Segments:
The global Public Blockchain Technology in Energy market is segmented on the basis of:
Types
Software, Service, Public Blockchain Technology in Energ
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
Smart Home & Wearables, Smart Energy, Smart Security, Manufacturing, Transportation & Logistics, Healthcare, Others
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:
- IBM
- Microsoft
- Accenture
- ConsenSys
- Infosys
- Drift
- Electron
- Btl Group Ltd.
- LO3 Energy Inc
- Power Ledger
- Public Blockchain Technology in Energ
Highlights of The Public Blockchain Technology in Energy 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:
- Software
- Service
- Public Blockchain Technology in Energ
- By Application:
- Smart Home & Wearables
- Smart Energy
- Smart Security
- Manufacturing
- Transportation & Logistics
- Healthcare
- Others
- 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 Public Blockchain Technology in Energy 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
Frequently Asked Questions?
Public blockchain technology is a distributed database that allows anyone to securely access and share information. It operates on a decentralized network, which makes it immune to the threat of cyberattacks. This technology can be used to create an immutable record of energy transactions, which can help reduce fraud and improve transparency in the energy market.
Some of the key players operating in the public blockchain technology in energy market are IBM, Microsoft, Accenture, ConsenSys, Infosys, Drift, Electron, Btl Group Ltd., LO3 Energy Inc, Power Ledger, Public Blockchain Technology in Energ.
The public blockchain technology in energy market is expected to grow at a compound annual growth rate of 33.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Public Blockchain Technology in Energy Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Public Blockchain Technology in Energy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Public Blockchain Technology in Energy Market - Supply Chain
4.5. Global Public Blockchain Technology in Energy Market Forecast
4.5.1. Public Blockchain Technology in Energy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Public Blockchain Technology in Energy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Public Blockchain Technology in Energy Market Absolute $ Opportunity
5. Global Public Blockchain Technology in Energy Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Public Blockchain Technology in Energy Market Size and Volume Forecast by Type
5.3.1. Software
5.3.2. Service
5.3.3. Public Blockchain Technology in Energ
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Public Blockchain Technology in Energy Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Public Blockchain Technology in Energy Market Size and Volume Forecast by Application
6.3.1. Smart Home & Wearables
6.3.2. Smart Energy
6.3.3. Smart Security
6.3.4. Manufacturing
6.3.5. Transportation & Logistics
6.3.6. Healthcare
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Public Blockchain Technology in Energy Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Public Blockchain Technology in Energy Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Public Blockchain Technology in Energy Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Public Blockchain Technology in Energy Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Public Blockchain Technology in Energy Demand Share Forecast, 2019-2026
9. North America Public Blockchain Technology in Energy Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Public Blockchain Technology in Energy Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Public Blockchain Technology in Energy Market Size and Volume Forecast by Application
9.4.1. Smart Home & Wearables
9.4.2. Smart Energy
9.4.3. Smart Security
9.4.4. Manufacturing
9.4.5. Transportation & Logistics
9.4.6. Healthcare
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Public Blockchain Technology in Energy Market Size and Volume Forecast by Type
9.7.1. Software
9.7.2. Service
9.7.3. Public Blockchain Technology in Energ
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Public Blockchain Technology in Energy Demand Share Forecast, 2019-2026
10. Latin America Public Blockchain Technology in Energy Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Public Blockchain Technology in Energy Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Public Blockchain Technology in Energy Market Size and Volume Forecast by Application
10.4.1. Smart Home & Wearables
10.4.2. Smart Energy
10.4.3. Smart Security
10.4.4. Manufacturing
10.4.5. Transportation & Logistics
10.4.6. Healthcare
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Public Blockchain Technology in Energy Market Size and Volume Forecast by Type
10.7.1. Software
10.7.2. Service
10.7.3. Public Blockchain Technology in Energ
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Public Blockchain Technology in Energy Demand Share Forecast, 2019-2026
11. Europe Public Blockchain Technology in Energy Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Public Blockchain Technology in Energy Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Public Blockchain Technology in Energy Market Size and Volume Forecast by Application
11.4.1. Smart Home & Wearables
11.4.2. Smart Energy
11.4.3. Smart Security
11.4.4. Manufacturing
11.4.5. Transportation & Logistics
11.4.6. Healthcare
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections byApplication
11.7. Europe Public Blockchain Technology in Energy Market Size and Volume Forecast by Type
11.7.1. Software
11.7.2. Service
11.7.3. Public Blockchain Technology in Energ
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Public Blockchain Technology in Energy Demand Share, 2019-2026
12. Asia Pacific Public Blockchain Technology in Energy Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Public Blockchain Technology in Energy Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Public Blockchain Technology in Energy Market Size and Volume Forecast by Application
12.4.1. Smart Home & Wearables
12.4.2. Smart Energy
12.4.3. Smart Security
12.4.4. Manufacturing
12.4.5. Transportation & Logistics
12.4.6. Healthcare
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Public Blockchain Technology in Energy Market Size and Volume Forecast by Type
12.7.1. Software
12.7.2. Service
12.7.3. Public Blockchain Technology in Energ
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Public Blockchain Technology in Energy Demand Share, 2019-2026
13. Middle East & Africa Public Blockchain Technology in Energy Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Public Blockchain Technology in Energy Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Public Blockchain Technology in Energy Market Size and Volume Forecast by Application
13.4.1. Smart Home & Wearables
13.4.2. Smart Energy
13.4.3. Smart Security
13.4.4. Manufacturing
13.4.5. Transportation & Logistics
13.4.6. Healthcare
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Public Blockchain Technology in Energy Market Size and Volume Forecast by Type
13.7.1. Software
13.7.2. Service
13.7.3. Public Blockchain Technology in Energ
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Public Blockchain Technology in Energy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Public Blockchain Technology in Energy Market: Market Share Analysis
14.2. Public Blockchain Technology in Energy Distributors and Customers
14.3. Public Blockchain Technology in Energy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IBM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Microsoft
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Accenture
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ConsenSys
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Infosys
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Drift
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Electron
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Btl Group Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LO3 Energy Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Power Ledger
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Public Blockchain Technology in Energ
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developme
