Blockchain for Enterprise Applications Global Market 2020 and Forecast 2021-2027

                                          
In the past year, blockchain has become a controversial global phenomenon, with the technology perceived as either a solution for whatever ails society or ''rat poison squared'' as Warren Buffet describes Bitcoin. In 2018, we are witnessing the launch of blockchains carrying commercial traffic and moving beyond proof-of-concept (PoC) demonstrations, though the selected applications have yet to demonstrate the capacity and scale of credit card networks. Blockchain-powered international trade finance coming online is just one example. The blockchain ecosystem is replete with innovating startups prompted by amazing cryptocurrency valuations. Blockchain entrepreneurs find a reason to tokenize anything and everything and move quickly toward an initial coin offering (ICO), the largest of which recently exceeded $4 billion, though funds were denominated in another cryptocurrency, Ethereum.

The explosion in the blockchain ecosystem is typical during the early stages of general-purpose technology (GPT) development and explains the degree of fragmentation present in the market. This fragmentation leads to cautious investment as the industry works through the inevitable industry rationalization and resulting consolidation. Driving this rationalization are the large internet companies moving to establish market dominance as blockchain platforms and reap the resulting rewards. The large company blockchain development encourages other large companies to move beyond PoCs to commercial traffic. Tractica has identified six broad enterprise blockchain use case categories that are further segmented into 29 individual use cases. These use cases offer cost savings, efficiency improvements, security enhancement, and regulatory compliance compared to legacy processes.

Market Analysis and Insights: Global Blockchain for Enterprise Applications Market


The global Blockchain for Enterprise Applications market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Blockchain for Enterprise Applications market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Blockchain for Enterprise Applications market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Blockchain for Enterprise Applications market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Blockchain for Enterprise Applications market.

Blockchain for Enterprise Applications Breakdown Data by Type

 	
Public Blockchains
 	
Private Blockchains
 	
Semi-Private or Hybrid Blockchains

Blockchain for Enterprise Applications Breakdown Data by Application

 	
Large Company Enterprises
 	
Middle and Small Enterprises

In the competitive analysis section of the report, leading as well as prominent players of the global Blockchain for Enterprise Applications market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.

The following players are covered in this report:

 	
Barclays
 	
BigchainDB
 	
Block Array
 	
ConsenSys
 	
Digital Asset Holdings
 	
Ericsson
 	
Ethereum
 	
Everledger
 	
Evernym
 	
Factom
 	
Filament
 	
Guardtime
 	
Hewlett Packard Enterprise
 	
IBM
 	
Mavenir Systems
 	
Microsoft
 	
Mobivity
 	
Omega Grid


This research comprehensively answers the following 9 important questions:

 	
Q.1. What are some of the most promising growth trends in the Blockchain for Enterprise Applications market worldwide?
 	
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
 	
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth?
 	
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Blockchain for Enterprise Applications market?
 	
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Blockchain for Enterprise Applications market?
 	
Q.6.What are the emerging trends post COVID-19 reshuffle in this Blockchain for Enterprise Applications market and the what are reasons behind these trends and do they translate in global exploration?
 	
Q.7. Who are the major global and regional players in the Blockchain for Enterprise Applications market? Which are the strategic initiatives key players are pursuing for business growth?
 	
Q.8.Which are the competing products in Blockchain for Enterprise Applications market and how big of a threat do they pose for loss of market share by material or product substitution?
 	
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Blockchain for Enterprise Applications industry?