Worldwide Blockchain 2018–2022 Forecast: Market Opportunity by Use Case — 2H17 Update
This IDC study describes how IDC's Customer Insights and Analysis group evaluates the worldwide blockchain market opportunity, identifying top-ranking regional use cases and providing market forecasts from IDC's Worldwide Semiannual Blockchain Spending Guide. We provide worldwide use case figures for 2017–2022, analyzing the current size and future potential of implementing several key blockchain use cases and setting the forecast within the context of the broader ecosystem.This IDC study provides a detailed description of IDC's Worldwide Semiannual Blockchain Spending Guide methodology and taxonomy. It should be used as a companion piece for IDC's Worldwide Semiannual Blockchain Spending Guide and all of IDC's worldwide industry research. Technology suppliers may utilize this approach and structure as well to help them build an industry-focused organization. "Blockchain is transforming the way like-minded organizations are working with each other, creating a new level of trust and end-to-end transparency among all participants across the globe," said Stacey Soohoo, research manager, IDC's Customer Insights and Analysis group. "2017 was the year of blockchain tourism as enterprises learned and discovered the benefits and challenges of an emerging technology. 2018 is a year of rigorous testing, rapid technological advancements, and large-scale experimentation as enterprises aim to make the leap from proof-of-concept (PoC) projects to full blockchain deployments."
Please Note: Extended description available upon request.