Global Blockchain in Utilities Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Blockchain in Utilities market size was valued at US$ 1951 million in 2024 and is forecast to a readjusted size of USD 3007 million by 2031 with a CAGR of 6.4% during review period.

Blockchain has the potential to help utilities lower operational expenditure, increase efficiency, improve transparency, reduce capital requirements, and expensive upgrades. With blockchain, utilities can unlock new revenue streams by empowering consumers and prosumers to play a more active role in the energy market.

The global blockchain in utilities market refers to the implementation and use of blockchain technology within the utilities sector. Blockchain technology, characterized by its decentralized and transparent nature, offers various potential applications in the utilities industry, including energy trading, grid management, supply chain management, and asset tracking.

Here are some key points about the global blockchain in utilities market:

Energy Trading: Blockchain technology enables the peer-to-peer trading of energy, allowing consumers to directly buy and sell electricity without the need for intermediaries. This decentralized approach can increase efficiency, reduce costs, and promote renewable energy adoption.

Grid Management: Blockchain can play a role in optimizing grid management by enabling secure and real-time data sharing between different entities in the energy ecosystem. This can facilitate efficient energy distribution, load balancing, and grid stability.

Supply Chain Management: Blockchain can improve transparency and traceability in the utilities supply chain, ensuring the authenticity of energy sources and reducing fraud or tampering. Smart contracts on the blockchain can automate processes such as billing, metering, and settlements.

Asset Tracking: Blockchain technology can be used to track and manage assets in the utilities sector, including infrastructure equipment, smart meters, and renewable energy certificates. This enhances asset management, maintenance, and lifecycle tracking.

Renewable Energy Certificates (RECs): Blockchain can facilitate the issuance, trading, and verification of renewable energy certificates. This allows for greater transparency and trust in renewable energy generation and consumption, aiding in meeting sustainability goals.

Regulatory Compliance: Blockchain has the potential to streamline regulatory compliance in the utilities industry, as it provides an immutable and transparent record of transactions and data. This can help utilities comply with regulations, such as emissions reporting or data privacy requirements.

Market Growth Factors: The global blockchain in utilities market is driven by various factors, including:

Increasing Demand for Decentralized Energy Systems: The transition towards decentralized energy systems and the rise of renewable energy sources create opportunities for blockchain-based solutions in utilities.

Need for Secure and Efficient Transactions: Blockchain’s secure and transparent nature addresses the challenges of data integrity, cybersecurity, and inefficient manual processes in the utilities sector.

Government Initiatives and Support: Governments and regulatory bodies worldwide are recognizing the potential of blockchain technology in the utilities industry and are implementing supportive policies and pilot projects.

Emergence of Prosumer Energy Landscape: The growth of prosumers, who both consume and produce energy, can be facilitated by blockchain-based peer-to-peer energy trading platforms.

The global blockchain in utilities market is continuously evolving, and its adoption is influenced by factors such as regulatory frameworks, technological advancements, and industry collaborations. As blockchain technology continues to mature, its potential to transform the utilities sector remains significant.

This report is a detailed and comprehensive analysis for global Blockchain in Utilities market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Blockchain in Utilities market size and forecasts, in consumption value ($ Million), 2020-2031

Global Blockchain in Utilities market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Blockchain in Utilities market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Blockchain in Utilities market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Blockchain in Utilities

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Blockchain in Utilities market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Power Ledger, Siemens, IBM Corporation, Greeneum, Oracle Corporation, Microsoft Corporation, EnergiMine, Accenture PLC, Infosys Limited, SAP SE, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Blockchain in Utilities market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Vertical Solutions
Blockchain-as-a-Service
Others

Market segment by Application
Proof of Concept
Pilot
Production
Others

Market segment by players, this report covers
Power Ledger
Siemens
IBM Corporation
Greeneum
Oracle Corporation
Microsoft Corporation
EnergiMine
Accenture PLC
Infosys Limited
SAP SE
LO3 Energy Inc.
The Sun Exchange (Pty) Ltd.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Blockchain in Utilities product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Blockchain in Utilities, with revenue, gross margin, and global market share of Blockchain in Utilities from 2020 to 2025.

Chapter 3, the Blockchain in Utilities competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Blockchain in Utilities market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Blockchain in Utilities.

Chapter 13, to describe Blockchain in Utilities research findings and conclusion.


1 Market Overview
2 Company Profiles
3 Market Competition, by Players
4 Market Size Segment by Type
5 Market Size Segment by Application
6 North America
7 Europe
8 Asia-Pacific
9 South America

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