1、Blockchain Market - GloBal Forecast to 2023 1 INTRODUCTION 1.1 OBJECTIVES OF THE STUDY To define, describe, and forecast the blockchain market by provider, application, organization size, industry vertical, and region To provide detailed information about the major factors (drivers, restraints, oppo

2、rtunities, and challenges) influencing the growth of the blockchain market To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market To analyze market opportunities for stakeholders by identifying the high-growth segments of the blockcha

3、in market To forecast the market size of the segments with respect to 5 regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America To profile the key players in the blockchain market and comprehensively analyze their market size and core competencies

4、 To track and analyze competitive developments, such as new product launches; mergers and acquisitions; and partnerships, agreements, and collaborations in the global blockchain market BY PROVIDER, APPLICATION (Payments, Exchanges, Smart Contracts, Documentation, Digital Identity, Supply Chain Manag

5、ement, and GRC Management), ORGANIZATION SIZE, INDUSTRY VERTICAL, AND REGION BLOCKCHAIN MARKET GLOBAL FORECAST TO 2023 TC 4638 INFORMATION white papers, journals, and certified publications; and articles from recognized authors, directories, and databases. Secondary research was mainly used to obtai

6、n key information about the industrys supply chain, total pool of key players, market classification and segmentation according to the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives, all of which were further va

7、lidated by primary sources. 2.1.2 PRIMARY DATA In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply-side included various industry expert

8、s, including Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology, blockchain experts, and innovation directors, and related key executives from various key companies and organizations operating in the blockchain market. After completing the market engineering proc

9、ess (including calculations for market statistics, market breakups, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information, and verify and validate the critical numbers arrived at. The primary research was also conducted t

10、o identify the segmentation types, industry trends, competitive landscape of blockchain technology vendors, and key market dynamics, such as drivers, restraints, opportunities, challenges, industry trends, and key players strategies. In the complete market engineering process, top-down and bottom-up

11、 approaches were extensively used, along with several data triangulation methods, to perform the market estimation and market forecasting for the overall markets segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engin

12、eering process to list the key information/insights throughout the report. Blockchain Market - GloBal Forecast to 2023 7 RESEARCH METHODOLOGY 2.1.2.1 BREAKUP OF PRIMARIES 45% 35% 20% BY COMPANY TYPE Tier 1Tier 2Tier 3 35% 25% 40% BY DESIGNATION D-LevelC-LevelOthers* 45% 20% 30% 5% BY REGION North Am

13、ericaEuropeAPACRoW Note: Tier 1 companies annual revenues are more than USD 10 billion; tier 2 companies revenues range in between USD 1 and 10 billion of the overall revenues; and tier 3 companies revenues range in between USD 1 billion and 500 million of the overall revenues *Others include sales

14、managers, marketing managers, and product managers 2.1.2.2 KEY INDUSTRY INSIGHTS “ The growing trend of blockchain-based smartphones in the telecom industry is one of the major driving factors for the blockchain market. -VP Marketing, Leading Blockchain Technology Firm APAC is expected to gain maxim

15、um traction in the coming years in the blockchain market, owing to the increase in the number of blockchain startups. -CMO, Leading Blockchain Technology Vendor Increased adoption of blockchain solutions for cross-border money transfer, supply chain management, crowd funding, eCommerce, crypto asset

16、 exchange, and gaming applications are expected to provide growth opportunities for the blockchain technology vendors. -Founding Director, Leading Blockchain Application Provider Company North America, followed by Europe, is estimated to account for the lion share of the global blockchain market in

17、2018. -VP, Leading Blockchain Technology Company “ Source: Industry Experts Blockchain Market - GloBal Forecast to 2023 8 RESEARCH METHODOLOGY FIGURe 2 MaRKeT bReaKUP aND DaTa TRIaNGUlaTION Enterprise Ethereum Alliance (EEA) R3CEV Consortium Hyperledger Foundation Wall Street Blockchain Alliance (WS

18、BA) CU Ledger Chamber of Digital Commerce Global Blockchain Business Council Blockchain Collaborative Consortium Annual Reports White Papers Presentations Websites and Press Releases of Top Players News Articles, Journals, and Paid Databases INTERVIEWS WITH: DEMAND SIDE INTERVIEWS WITH: SUPPLY SIDE

19、INFORMATION SOURCED Drivers/RestraintsGeographic AnalysisForecasting *MnM KNOW stands for MarketsandMarkets “Knowledge Asset Management” framework. In this context, it stands for the existing market research knowledge repository of over 5,000 granular markets, our flagship competitive intelligence a

20、nd market research platform “Knowledge Store, subject matter experts, and independent consultants. MnM KNOW acts as an independent source that helps us validate information gathered from the primary and secondary sources. MnM KNOW* PRIMARY SOURCE SECONDARY SOURCE DATA TRIANGULATION SECONDARY SOURCES

21、PRIMARY SOURCES Chief Technical Officers Chief Information Officers Blockchain Technologists Purchase Managers CEOs VPs Marketing Directors Technology and Innovation Directors, and Related Key Executives from Various Key Organizations Operating in the Blockchain Market Key PlayersCompetitive Landsca

22、pe Opportunities/ Challenges Market Size (2018) Source: MarketsandMarkets Analysis Blockchain Market - GloBal Forecast to 2023 9 RESEARCH METHODOLOGY 2.2 MARKET SIZE ESTIMATION Top-down and bottom-up approaches were used to estimate and validate the size of the global blockchain market and other dep

23、endent subsegments in the overall blockchain market. The research methodology used to estimate the market size included the following details: key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and s

24、econdary research. This entire procedure included the study of the annual and financial reports of the top market players, and extensive interviews for key insights from industry leaders, such as CEOs, VPs, directors, blockchain experts, and marketing executives. All percentage splits and breakups w

25、ere determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitativ

26、e data. This data was consolidated and added to detailed inputs and analysis from MarketsandMarkets. 2.2.1 BOTTOM-UP APPROACH FIGURe 3 blOCKCHaIN MaRKeT: bOTTOM-UP aPPROaCH Total Market Size (USD Billion) Percentage contribution of each individual segment to the overall market size Market size, by t

27、ype, application, form, end use Market size for each region/country under each segment BOTTOM-UP APPROACH BASED ON INDUSTRY VERTICALS Total Market Size (USD Million) Arrive at the Overall Market Size Geographic Split Market by Provider, Application, Organization Size, Industry Vertical, and Region P

28、ercentage Split of the Market Segments Source: MarketsandMarkets Analysis Blockchain Market - GloBal Forecast to 2023 10 RESEARCH METHODOLOGY 2.2.2 TOP-DOWN APPROACH FIGURe 4 blOCKCHaIN MaRKeT: TOP-DOWN aPPROaCH Total Market Size (USD Million) Percentage Contribution of Each Individual Segment to th

29、e Overall Market Size Market Size by Provider, Application, Organization Size, Industry Vertical, and Region Market Size for Each Region/Country under Each Segment TOP-DOWN APPROACH BASED ON APPLICATIONS Source: MarketsandMarkets Analysis The bottom-up procedure was employed to arrive at the overall

30、 market size of the blockchain market. The overall market size was used in the top-down procedure to estimate the size of the individual markets via percentage splits. The individual markets included the key market subsegments, such as providers, applications, organization size, industry verticals,

31、and regions. For calculating the market size of each market segment, the most appropriate immediate parent market size was used for implementing the top-down procedure. The bottom-up procedure was also implemented for the data extracted from the secondary research to validate the market segment reve

32、nues obtained. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent market size and each individual market size were determined and confirmed using this study. Blockchain Market - GloBal Forecast to 2023 11 RESEARCH METHODOLOGY 2.3 AS

33、SUMPTIONS FOR THE STUDY The following assumptions were taken into consideration for the blockchain market report: PARAMETERDESCRIPTION Market size estimates are expected to be conservative/realistic as opposed to optimistic/aggressive. BLOCKCHAIN MARKET SIZE Dollar fluctuations are not expected to b

34、e serious enough to affect the forecasts to a significant extent. Fall in the value of dollar is expected to enhance the revenue growth opportunities for the US multinationals, whereas stability in the value of dollar is expected to stabilize the price of imports and exports. EXCHANGE RATE The globa

35、l economy is assumed to be stable, exhibiting strong positive growth. This growth would pertain among economies of countries. GLOBAL ECONOMIC CONDITION All the revenue data and financial insights (related developments) are extracted from company websites or annual reports, and the financials conside

36、red for the market estimation are calculated as per the financial year, which are true to the best of MarketsandMarkets knowledge. FINANCIAL STATISTICS Source: MarketsandMarkets Analysis 2.3.1 RESEARCH LIMITATIONS The scope of this research study does not include the revenue from the hardware requir

37、ed for installing blockchain solutions. The report only covers the scope of blockchain technology and not any cryptocurrency, such as Bitcoin or Ether. The study does not include the revenue generated from the services segment. Blockchain Market - GloBal Forecast to 2023 12 TABLE OF CONTENTS 1 INTRO

38、DUCTION .19 1.1 OBJECTIVES OF THE STUDY .19 1.2 MARKET DEFINITION .20 1.3 MARKET SEGMENTATION .20 1.4 REGIONS COVERED .21 1.5 YEARS CONSIDERED FOR THE STUDY .21 1.6 CURRENCY .21 1.7 STAKEHOLDERS .22 2 RESEARCH METHODOLOGY.23 2.1 RESEARCH DATA .23 2.1.1 SECONDARY DATA .24 2.1.2 PRIMARY DATA .25 2.1.2

39、.1 BREAKUP OF PRIMARIES .25 2.1.2.2 KEY INDUSTRY INSIGHTS .26 2.2 MARKET SIZE ESTIMATION .27 2.2.1 BOTTOM-UP APPROACH .28 2.2.2 TOP-DOWN APPROACH .28 2.3 ASSUMPTIONS FOR THE STUDY .29 2.3.1 RESEARCH LIMITATIONS .30 3 EXECUTIVE SUMMARY .31 4 PREMIUM INSIGHTS .35 4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE BLOCKCHAIN MARKET .35 4.2 B