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The global blockchain market is anticipated to observe a noteworthy CAGR of 70.17% during the estimated time frame to arrive at a complete market size of US$38,168.892 million by 2025, expanding from US$1,571.645 million of every 2019. the global blockchain market is divided into North America, Europe, Middle East and Africa, Asia Pacific, and South America.<br><br>For more information visit here: https://www.knowledge-sourcing.com/report/blockchain-market<br>
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BlockchainMarket Forecast From 2019 to 2024
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, The global blockchain market is projected to witness a significant CAGR of 70.17% during the forecast period to reach a total market size of US$38,168.892 million by 2025, increasing from US$1,571.645 million in 2019. The major factor that has been driving the use of blockchain is the transparency of a transaction along with the ability to be incorruptible which has resulted in increased acceptance among the wider audience. The adoption of DLT (distributed ledger technology) among the various application such as payments, smart contracts, exchanges, digital identities, and documentation has also supplemented its growth. It is expected that the use of blockchain technology is going to increase owing to investments in blockchain technology start-ups, ties between financial organization and blockchain technology providers.
Key Questions Answered By The Report • What will be Blockchain Marketfrom 2019 to 2024? • How are the major drivers and restraints affecting the Blockchain Market? • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Blockchain Market are : • By Product • Bitcoin • Zcash • Ethereum • Ripple • By Application • Payments • Contracts • Documentation • Digital Identity • By End-User • BFSI • Consumer Electronics • Communication and Technology • Media and Entertainment • Healthcare • Transportation and logistics • Government • Retail • Others
Geography North America Europe Middle East and Africa Asia Pacific South America
COMPANY PROFILES • Microsoft Corporation • IBM Corporation • Deloitte • Ripple Labs, Inc. • Chain, Inc. • Circle Internet Financial Limited • BitFury Holding B.V. • Yuan Technology • Coinbase • AlphaPoint Corporation
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