The global Blockchain government market is expected to grow at a CAGR of 85.0% during the forecast period with its market size predicted to reach USD 6,399.0 million by 2024.
Industry Insights by Provider (Middleware Provider, Application Provider, and Infrastructure Provider), by Application (Asset Registry, Identity Management, Payments, Smart Contracts, Voting, Others)
Global blockchain government market has been driven by several key factors, including increasing adoption of blockchain from government sector, and growing cases of fraudulent activities in the public sector, increasing need to provide protection against data tempering, Rise in the usage of blockchain technology to create transparent and decentralized government, and increasing demand for high efficiency and high speed in government sector.
Globally, blockchain industry players are leveraging market growth through the formulation of several policies and reforms by a government organization in various developed as well as developing economies along with entering into several partnership agreements. The key players in blockchain market are launching new link for various supply chain experts. Furthermore, there are several software development enterprises that are embracing the technique at an extensive rate as it helps them in fighting against fraudulent activities.
Get a free copy of sample report: https://www.vynzresearch.com/ict-media/blockchain-government-market/request-sample
Application provider category is expected to witness fastest growth during the forecast period in the blockchain government market
Based on provider, the global blockchain government market is categorized into middleware provider, application provider, and infrastructure provider, wherein application provider category is expected to witness the fastest growth during the forecast period. The growth of this segment is attributed towards increasing adoption of technologically advanced blockchain solutions in government agencies.
Geographically, North America has accounted for the largest share in blockchain government market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed towards the existence of a large number of players of blockchain technology in the region and also it is considered as the most advanced region in terms of advanced technology adoption.
Some of the key players operating in the global blockchain government market are IBM Corporation, Amazon Web Services, Inc., Microsoft Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, Infosys Limited, Accenture plc, Intel Corporation, BigchainDB Gmbh, Ethereum Foundation, Earthport PLC, Factom, BTL Group Ltd., Humaniq, Tierion, BlockCypher Inc., AlphaPoint, and Bitfury Group Limited.
Do you have any specific research requirement? Ask for customization: https://www.vynzresearch.com/ict-media/blockchain-government-market/customize-report
In the primary data collection process, there are several sources interviewed in order to obtain precise quantitative and qualitative information for this study. The primary sources those are included for the data collection of this study comprises of manufacturers, commercial growers, industry consultants and others key industry experts. There are several others sources that helped in gaining insightful information about this market are CEOs, marketing and sales directors, vice presidents, and key opinion leaders from various key companies operating in the global blockchain government market. Primary research in this report has been conducted for estimating market size, market dynamics and strategies adopted by the key players in this market.
Secondary sources referred for this research report includes association for blockchain government, business filings such as financial statements, annual reports, investor presentations and trade associations. The secondary data has been used for estimating overall market size and growth of the blockchain government market that has been authenticated with the supporting facts gathered through primary data collection.
The Report Offers:
Benefits of Report Purchase from VynZ:
We provide accurate data and in-depth analysis with all-inclusive coverage.
Robust Research Methodology
Robust research methodology and data triangulation to ensure high quality report.
24*7 analyst support – Pre and post purchase of the report as well as during the project tenure.
24*7 sales support – Hassle free delivery of the report and quick response and support by sales team.
20% post purchase free customization to meet your requirements.
We claim full customer satisfaction as our core values lie in building long term relationship.
High level of data security and confidentiality of your information.
Global Blockchain Government Market Coverage
Provider Insight and Forecast 2014-2024
Application Insight and Forecast 2014-2024
Blockchain Government Market by Region
Rest of the World (RoW)
More from VynZ Research
Global Blockchain Market Analysis and Forecast to 2024
The global blockchain market is projected to reach USD 42.0 billion by 2024, registering a CAGR of 80.0% during the forecast period. The market has been driven by several key factors, predominantly increasing adoption of cryptocurrencies from various merchants and business organizations operating in BFSI domain. Moreover, the increasing demand of cryptocurrency is due to various benefits availed to the users such as immediate clearance and optimal settlement decisions in several financial transactions. Thereby, these factors are bolstering the growth of blockchain market across the globe at a rapid pace.
Explore more at: https://www.vynzresearch.com/ict-media/blockchain-market
Global Web Content Management Market Analysis and Forecast to 2024
The global web content management market is predicted to grow at 14.7% CAGR during the forecast period with the market size reaching USD 13.0 billion by 2024. The major factor fueling the growth of the market include increasing adoption of digital marketing by different industry verticals, increasing focus on customer engagement solutions, technological advancements, increasing adoption of web-based business solutions, and implementation of multi-channel customer engagement solutions.
Explore more at: https://www.vynzresearch.com/ict-media/web-content-management-market
Global Geographic Information System (GIS) Market Analysis and Forecast to 2024
The global geographic information system (GIS) market was valued at USD 6.3 billion in 2017 and is further expected to become USD 12.7 billion by 2024. This market is further expected to witness CAGR of 10.7% during the forecast period 2018 – 2024. The increasing popularity of this market is attributed towards extensive utilization of GIS by several business organizations to develop maps that help in efficiently performing analysis, solving complex problems, sharing information and communicating across the globe. This system is further enabling the organization to perform this task in an effective manner.
About VynZ Research
VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across a wide range of industries.
Toll Free (U.S. and Canada): +1-888-253-3960