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Blockchain Market To Reach USD 60.12 Billion By 2026

Market Size u2013 USD 7.31 Billion in 2018, Market Growth - CAGR of 23.3%, Market Trends u2013 The rise in the trend of cryptocurrency.<br><br>

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Blockchain Market To Reach USD 60.12 Billion By 2026

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  1. Blockchain Market To Reach USD 60.12 Billion By 2026 www.reportsanddata.com

  2. Market Summary Market Size – USD 7.31 Billion in 2018, Market Growth - CAGR of 23.3%, Market Trends – The rise in the trend of cryptocurrency. The global Blockchain market is forecast to reach USD 60.12 Billion by 2026, according to a new report by Reports and Data. Blockchain brings digital technology into real-time computing systems management. The market has the ability to change aspects of digital technology, which includes the method of conducting business, enhancing education, delivering healthcare, shopping, learning, social media, and entertainment. Blockchain has further evolved and aids in the conduction of financial transactions. Increase in cashless payments, credit and debit cards, and card-based payment methods are dominating the market. Further key findings from the report suggest • Organizations are nowadays deploying smart contracts to reduce cost and avoid fraud. These contracts deployed over blockchain guarantees that contract terms and conditions cannot be modified. The technology makes it nearly impossible for any third party to alter the contract. Smart contracts held the largest market share of ~24% in the year 2018. • Supply chain management is forecasted to record the highest growth rate of 24.1% during the forecast period. Blockchain revolutionizes retail sector supply chain management by deploying real-time digital ledger of transactions and movements for all participants in their supply chain network. Benefits gained by this will save the company’s time and money, and redefine the way of business. www.reportsanddata.com

  3. Market Summary Key Players: Key participants include IBM, Microsoft, SAP, Oracle, Symbiont, Huawei, Blockpoint, BTL Group, Factom, and Earthport, among others. Segmentation: Provider Outlook (Revenue, USD Billion; 2016-2026) • Application Providers • Middleware Providers • Infrastructure Providers Application Outlook (Revenue, USD Billion; 2016-2026) • Payments • Exchanges • Smart Contracts Organization Size Outlook (Revenue, USD Billion; 2016-2026) • Small and Medium-Sized Enterprises • Large Enterprises To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/1576 www.reportsanddata.com

  4. Market Summary Regional Outlook for Assessment Services Market analyses the following geographies:  North America (United States, Canada, and Mexico)  Europe (Germany, France, UK, Russia, and Italy)  Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)  South America (Brazil, Argentina, Colombia, etc.)  Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here @ https://www.reportsanddata.com/discount-enquiry-form/1576 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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