Advertising Driven Press Release Distribution
Advertising Driven Press Release Distribution
The latest publication titled Blockchain Market Size, Share, Trends, Analysis Report 2021-2030 has been added to the report store by GlobalData Plc. The report estimates the blockchain market size was valued at USD 6.10 billion in 2021. Major blockchain market drivers including the rising popularity of Blockchain as a Service and growing acceptance of cryptocurrency will promote the blockchain market growth during the next few years. Furthermore, the increased spending in blockchain from the financial sector to promote cost & time savings coupled with the surge in adoption of blockchain in the retail sector will further propel the market growth in the long run.
Read Sample Report PDF for more market drivers.
However, the blockchain market growth may witness hindrances due to factors including the lack of blockchain talent and lack of regulatory clarity. The nascent nature and complexity of blockchain mean that a lack of skilled talent presents a barrier to executing initiatives. It has also contributed to the strong demand for BaaS. Furthermore, for blockchain to become commercial, it must be seen as a trustworthy technology. Trust requires clear communication and robust implementation of rules governing data privacy and security. Most enterprises work with privacy rules governed by regulation, with consumers trusting them with sensitive information. However, with public blockchains, the data will not be private anymore.
Request for Sample Report for More Insights on the Key Market Challenges
Blockchain Market Segment Highlights
Grab your Sample Report Copy for Segment-wise Insights and Regional Opportunities
Blockchain Market Vendor Landscape
This industry is highly fragmented. However, with the growth of start-ups and new venture launches the competition is gradually intensifying. Key players in this market include Accenture, Alibaba, Amazon, IBM, Infosys, Microsoft, Oracle, Salesforce, Tencent, Wipro, Ping An Insurance, and JPMorgan Chase & Co., among others.
Top Blockchain Companies Include:
For more vendor-specific insights, Download Sample PDF
About GlobalData
GlobalData is a leading provider of data, analytics, and insights on the world’s largest industries. As a leading information services company, thousands of clients rely on GlobalData for trusted, timely, and actionable intelligence. Our mission is to help our clientele ranging from professionals within corporations, financial institutions, professional services, and government agencies to decode the future and profit from faster, more informed decisions. Continuously enriching 50+ terabytes of unique data and leveraging the collective expertise of over 2,000 in-house industry analysts, data scientists, and journalists, as well as a global community of industry professionals, we aim to provide decision-makers with timely, actionable insights.
Media Contacts
Mark Jephcott
Head of PR EMEA
mark.jephcott@globaldata.com
cc: pr@globaldata.com
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