Published Date: 15-09-2017
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According to a new report Global Blockchain Distributed Ledger Market, published by KBV research, the Global Blockchain Distributed Ledger Market size is expected to reach $5.0 billion by 2023, rising at a market growth of 60.6% CAGR during the forecast period.
The North America market holds the largest market share in Global Public Blockchain Distributed Ledger Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 66.4 % during the forecast period.
The Europe market is expected to witness a CAGR of 57.5% during (2019 - 2023) in Global Private Blockchain Distributed Ledger Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 61.8% during (2019 - 2023).
The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. Based on the Analysis presented in the Cardinal matrix, Microsoft Corporation, IBM Corporation and Intel Corporation are the forerunners in the Blockchain Distributed Ledger market.
KBV Cardinal Matrix - Global Blockchain Distributed Ledger Market
Source: KBV Research Analysis, Company Publications and Secondary Research
The BFSI market holds the largest market share in Global Blockchain Distributed Ledger Market by Vertical in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 60 % during the forecast period. The Retail & Ecommerce market is expected to witness a CAGR of 61.2% during (2019 - 2023). Additionally, The Automotive market would garner market size of $420.4 million by 2023.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Blockchain Distributed Ledger Market have been discussed in the report with the competition analysis and elaborated company profiles of Chain Inc., IBM Corporation, Accenture Plc., Monax Industries Limited, Intel Corporation, Blockchain Tech Ltd., Microsoft Corporation, Digital Asset Holdings, and Earthport.
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