ID: MRFR/ICT/4753-CR | July 2018 | Region: Global | 146 Pages
Segmentation | |||||||||||||||||
|
|
|
|
||||||||||||||
Companies Profiled | |
---|---|
Key Players | |
IBM Corporation | |
Microsoft Corporation | |
Juniper Networks Inc | |
Coinbase | |
SAP SE | |
Atos SE | |
Blockchain Tech Ltd | |
Earthport Plc | |
Bitfury Group | |
Accenture Plc. |
Market Driving Forces | |
---|---|
Drivers | |
Features of immutability | |
Secure platform for monetary transactions | |
Increased automation with data integrity and security |
The COVID-19 pandemic has pushed the need for blockchain technology that can be used in connecting users on a digital platform. Its critical use in ensuring safe transactions digitally is seen as a positive indicator of the technology. Features of immutability, decentralization, and transparency can drive its integration into government systems for containing the spread of the virus and reopening its borders. For instance, the U.S. Customs and Border Protection can use blockchain for protecting intellectual property rights of American importers from data theft. On the other hand, the high influx of mail-in voting during the U.S. elections has also induced the need for a blockchain supported platform. The patent filed by the USPS has developed a case use for fraud-proof conduction of elections.
By Service Providers
By Application
By Organization Size
By Digital Services
By Platform
Competitive Landscape
Global Blockchain in Telecommunication and Post Services Market is highly concentrated with various players offering unique solutions based on the prominent technology. Opportunities in identity management, supply chains, and border shipping can drive the demand for the technology during the forecast period.
Recent Developments
Report Scope
It is segmented in the following manner:
By Service Providers
By Application
By Organization Size
By Digital Service
By Platform
Report Attribute/Metric | Details |
---|---|
Market Size | USD 5.18 Billion (2030) |
CAGR | 42.83% |
Base Year | 2019 |
Forecast Period | 2020-2030 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Service Providers, By Organization Size |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | IBM Corporation, Microsoft Corporation, Juniper Networks Inc, Coinbase, SAP SE, Atos SE, Blockchain Tech Ltd, Earthport Plc, Bitfury Group, Accenture, Plc. |
Key Market Opportunities | Opportunities in identity management, supply chains, and border shipping can drive the demand for the technology during the forecast period. |
Key Market Drivers | Features of immutability, decentralization, and transparency can drive its integration into government systems for containing the spread of the virus and reopening its borders |
The market is likely to reach a valuation of USD 5.18 Billion by 2020-2030
2020 to 2030 is the growth period for the expansion of the market.
The leaning toward digital payment modes and amplified demand for digital services are boosting the adoption of blockchain in the telecommunication sector.
North America is going to be the fastest growing region in the matter of market shares
IBM Corporation, Microsoft Corporation, Juniper Networks Inc, are the key players involved in the growth of the market.