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Global Blockchain Market: Size, Trends & Forecasts (2018-2022)

Global Blockchain Market: Size, Trends & Forecasts (2018-2022)

Scope of the Report

The report titled “Global Blockchain Market: Size, Trends & Forecasts (2018-2022)”, provides an in-depth analysis of the global blockchain market by value and by segments.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global blockchain market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The competition in the global distributed ledger technology is dominated by IBM, however, the competition in blockchain market is ambiguous.

Further, key players of the blockchain market IBM Corporation, Microsoft, Ripple Labs, Inc. and Accenture plc are also profiled with their financial information and respective business strategies.

Company Coverage

Accenture plc
Microsoft
IBM Corporation
Ripple Labs, Inc.

Executive Summary

Blockchain is an ambitious technology that is possessed with the potential to make the functioning of cybersecurity and automation better. This technology has an opportunity for the betterment of infrastructure of software industry.

The technology has evolved over the years and is a sophisticated version of previous existing technologies beginning from Mainframe, Client IT Server System, Clouds and Blockchain. Blockchain has its application in financial services, insurance, healthcare, government, education, etc.

There are difference in the structures of blockchain, permissioned blockchain and permissionless blockchain.

Major blockchain platforms are R3 Corda, Ripple, Request Network, Hyperledger Fabric, Chain, Ethereum, etc. The global blockchain market is expected to increase at a significant CAGR during the years 2018-2022.

The blockchain market is expected to increase due to growth in internet penetration, adoption of blockchain by EU, etc. Yet the market faces some challenges such as, environmental cost, lack of legal framework, complex to understand the blockchain, etc.


1. Executive Summary
2. Introduction
2.1 Distributed Ledger Technology: An Overview
2.2 Blockchain: An Overview
2.2.1 Evolution of Blockchain
Table 1: Evolution of Blockchain
2.2.2 Uses of Blockchain
Table 2: Uses of Blockchain
2.2.3 Application of Blockchain
Table 3: Application of Blockchain
2.2.3 Differences Between Blockchain Structures
Table 4: Differences Between Blockchain Structures
2.2.4 Working of Blockchain
Table 5: Working of Blockchain
2.2.5 The Dimensions of Blockchain Structures
Table 6: The Dimensions of Blockchain Structures
2.2.6 Characteristics of Public, Consortium, and Private Blockchains
Table 7: Characteristics of Public, Consortium, and Private Blockchains
2.2.7 Advantage of Blockchain Approach Over Traditional Payment Networks
Table 8: Advantage of Blockchain Approach Over Traditional Payment Networks
2.2.8 Major Blockchain Platforms
Table 9: Major Blockchain Platforms
3. Global Market Analysis
3.1 Global Blockchain Market: An Analysis
3.1.1 Global Blockchain Market by Value
Table 10: Global Blockchain Market by Value; 2017-2022 (US$ Billion)
3.1.2 Global Blockchain Market by Segments (Business Cross Border, Remittance, Capital Markets and Title Insurance)
Table 11: Global Blockchain Market by Segments; 2018 (Percentage, %)
3.1.3 Global Business Cross Border Blockchain Market Value
Table 12: Global Business Cross Border Blockchain Market Value; 2017-2022 (US$ Billion)
3.1.4 Global Remittance Blockchain Market by Value
Table 13: Global Remittance Blockchain Market by Value; 2017-2022 (US$ Billion)
3.1.5 Global Capital Blockchain Market by Value
Table 14: Global Capital Blockchain Market by Value; 2017-2022 (US$ Billion)
3.1.6 Global Title Insurance Blockchain market by Value
Table 15: Global Title Insurance Blockchain market by Value; 2018-2022 (US$ Billion)
4. Market Dynamics
4.1 Growth Driver
4.1.1 Growing Global Internet Penetration
Table 16: Global Internet Penetration; 2014-2019 (Percentage, %)
4.1.2 Adoption of Blockchain by EU
4.1.3 Blockchain in Real Estate
4.1.4 Blockchain in Automobiles
4.2 Challenges
4.2.1 Environmental Cost of Blockchain
4.2.2 Lack of Regulations
4.2.3 Complex to Understand
4.2.4 Slow and Cumbersome
4.2.5 Breach of Privacy and Security
4.3 Market Trends
4.3.1 Blockchain in Payments
Table 17: Blockchain in Payments; 2016-2021 (Percentage, %)
4.3.2 Adoption of Blockchain Technology
4.3.3 Cloud Service Providers Getting Involved in Blockchain
4.3.4 Partnerships in Blockchain
4.3.5 Blockchain in Jewelry Market
4.3.6 Application of Blockchain
4.3.7 Investments in Blockchain
4.3.8 Examples of Blockchain Initiatives
Table 18: Examples of Blockchain Initiatives
5. Competitive Landscape
5.1 Global Distributed Ledger Technology Market Players by Share
Table 19: Global Distributed Ledger Technology Market Players by Share; 2017 (Percentage, %)
5.2 Global Blockchain Market Players by Emerging Blockchain Services for BFSI
Table 20: Global Blockchain Market Players by Emerging Blockchain Services for BFSI
6. Company Profile
6.1 Accenture plc
6.1.1 Business Overview
6.1.2 Financial Overview
Table 21: Accenture Net Revenue; 2013-2017 (US$ Billion)
Table 22: Accenture Net Revenue by Type of Work, 2017 (Percentage, %)
6.1.3 Business Strategy
6.2 Microsoft
6.2.1 Business Overview
6.2.2 Financial Overview
Table 23: Microsoft Revenue; 2013-2017 (US$ Billion)
Table 24: Microsoft Revenue by Operating Segments; 2017
6.2.3 Business Strategy
6.3 IBM Corporation
6.3.1 Business Overview
6.3.2 Financial Overview
Table 25: IBM Revenue; 2013-2017 (US$ Billion)
Table 26: IBM Revenue by Segments; 2017 (Percentage, %)
6.3.3 Business Strategy
6.4 Ripple Labs, Inc.
6.4.1 Business Overview
6.4.2 Business Strategy

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