Market Research Logo

Global Blockchain Technology Market 2017-2021

Global Blockchain Technology Market 2017-2021

About Blockchain Technology (BT) Market

Blockchain is the distributed ledger technology that is used for the management of financial transactions. Block chain facilitates peer-to-peer transactions without the use of intermediaries such as banks and governing bodies. Bitcoin is regarded as the foundation of the development of BT. BT is the most advanced and innovative distributed ledger management system that has revolutionized the payment industry. The technology is at a nascent stage but has gained popularity in a very short period. Leading financial services firms, IT companies, and manufacturing firms are testing the feasibility to implement BT on a real-time basis.

Technavio’s analysts forecast the global blockchain technology (BT) market to grow at a CAGR of 55.59% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global blockchain technology (BT) market 2017-2021. To calculate the market size, the report considers the revenue generated from the BT solutions and service providers.

The market is divided into the following segments based on geography:

  • Americas
  • EMEA
  • APAC
Technavio's report, Global Blockchain Technology (BT) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key vendors
  • Accenture
  • IBM
  • Microsoft
Other prominent vendors
  • Axoni
  • Abra
  • BTL Group
  • BlockCypher
  • BitFury Group
  • Chain
  • ConsenSys
  • Deloitte
  • Ethereum
  • Ezyremit
  • Global Arena Holding
  • Provenance
  • R3
  • Ripple
  • Scorechain
  • Slock.it
  • TATA Consultancy Services
Market driver
  • Increase in FinTech spending
  • For a full, detailed list, view our report
Market challenge
  • Network privacy and security concerns
  • For a full, detailed list, view our report
Market trend
  • Advent of artificial intelligence (AI)
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
    • Market overview
      • Table Major countries covered
    • Top-vendor offerings
      • Table Product and service offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Key features of blockchain
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global BT market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global BT market by end user
      • Table Global BT market by end-user 2016
    • BFSI
      • Table Global BT market in the BFSI sector 2016-2021 ($ millions)
    • Supply chain
      • Table Global BT market in the supply chain sector 2016-2021 ($ millions)
    • Healthcare
      • Table Global BT market in the healthcare sector 2016-2021 ($ millions)
  • Geographical segmentation
    • Global BT market by geography
      • Table Global BT market by geography 2016
    • Americas
      • Table BT market in Americas 2016-2021 ($ millions)
    • EMEA
      • Table BT market in EMEA 2016-2021 ($ millions)
    • APAC
      • Table BT market in APAC 2016-2021 ($ millions)
  • Market drivers
    • Increase in FinTech spending
    • Easier access to technology
    • Disintermediation of banking services
    • Digital transformation
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Network privacy and security concerns
    • Lack of technology awareness
    • System configuration concern
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Advent of artificial intelligence (AI)
    • Emergence of blockchain analytics
    • Rise of blockchain as a service
    • Increasing adoption of IoT
  • Vendor landscape
    • Competitive landscape
      • Table Completive factors in the BT market
  • Key vendor profile
    • Accenture
      • Table Accenture: IT service offerings
      • Table Recent developments: Accenture
    • IBM
      • Table IBM: Product portfolio
      • Table IBM services
      • Table Recent developments: IBM
    • Microsoft
      • Table Microsoft: Microsoft Azure data services
      • Table Recent developments: Microsoft
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report