Blockchain in Telecommunication and Post Services Market Research Report – Forecast to 2030

Global Blockchain in Telecommunication and Post Services Market, By Service Providers (Application and Solution Provider, Middleware Provider, Infrastructure and Protocols Provider), By Organization Size (Large Enterprise, Small and Medium Enterprise), By Applications (Payment & Transaction, Smart Contracts, Network Management, Reporting and Analytics, Billing/OSS and Others), By Digital Services (Digital Asset Transaction, Voice/Data Services, Value Added Services Identity-as-a-Service, Content Services and Managed Services), By Platform (

ID: MRFR/ICT/4753-CR | July 2018 | Region: Global | 146 Pages         

Blockchain Telecommunication Post Services Market Speak to Analyst Request a Free Sample

Blockchain in Telecommunication and Post Services Market

Blockchain in Telecommunication and Post Services Market is projected to be worth USD 5.18 billion by 2030, registering a CAGR of 42.83% during the forecast period (2020 - 2030).
Market Size
CAGR
Dominating Region
Forecast Period
$5.18 Billion
42.83%
North America
2020-2030
Segmentation
By Service Providers
By Organization Size
By Application
By Digital Services
  • Application and Solution Provider
  • Middleware Provider
  • Infrastructure
  • Protocols Provider
  • Large Enterprise
  • Small and Medium Enterprise
  • Payment & Transaction
  • Smart Contracts
  • Network Management
  • Reporting and Analytics
  • Billing/OSS and Others
  • Digital Asset Transaction
  • Voice/Data Services
  • Value Added Services Identity-as-a-Service
  • Content Services and Managed Services)
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
Request a Free Sample

Market Overview


COVID-19 Analysis


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.


Market Dynamics



  • Drivers

  • Opportunities

  • Restraints

  • Challenges

  • Cumulative Growth Analysis


Segment Analysis


By Service Providers


By Application


By Organization Size


By Digital Services


By Platform


Regional Analysis


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.


Key Companies Covered in the Report



  • Atos SE (France)

  • Accenture Plc (U.S.)

  • Juniper Networks Inc (U.S.)

  • Earthport Plc (U.K.)

  • Microsoft Corporation (U.S.)

  • IBM Corporation (U.S.)

  • Bitfury Group (The Netherlands)

  • SAP SE (U.S.)

  • Blockchain Tech Ltd (U.S.)

  • Coinbase (U.S.)


Recent Developments


Report Scope


It is segmented in the following manner:


By Service Providers



  • Infrastructure and Protocol Provider

  • Application and Solution Provider

  • Middleware Provider


By Application



  • Smart Contracts

  • Payment & Transaction

  • Billing/OSS

  • Reporting and Analytics

  • Network Management

  • Others


By Organization Size



  • Small and Medium Enterprises

  • Large Enterprises


By Digital Service



  • Content Services

  • Managed Services

  • Value Added Services

  • Identity-as-a-Service

  • Voice/Data Services

  • Digital Asset Transaction


By Platform



  • IBM Blockchain

  • Open Chain

  • HydraChain

  • Hyperledger

  • Ethereum

  • IOTA



Report Scope:

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


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

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.