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Blockchain in Energy Market by Type (Private, Public), Component (Platform, Services), End-user (Power, Oil & Gas), Application (Energy Trading, Grid Management, Payment Schemes, Supply Chain Management), and Region - Global Forecast to 2023

Blockchain in Energy Market by Type (Private, Public), Component (Platform, Services), End-user (Power, Oil & Gas), Application (Energy Trading, Grid Management, Payment Schemes, Supply Chain Management), and Region - Global Forecast to 2023

“The blockchain in energy market is projected to grow at a CAGR of 78.32%, from 2018 to 2023.”
The blockchain in energy market is projected to reach USD 7,110.1 million by 2023, from an estimated USD 394.3 million in 2018, at a CAGR of 78.32%. This growth can be attributed to the increasing popularity of the blockchain technology in the energy sector, high transaction speeds and immutability, and the rising security concerns across the globe. Lack of a common set of regulatory standards and the uncertain regulatory landscape can hinder the growth of the market.

“The private segment is expected to be the fastest growing market in the blockchain in energy market from 2018 to 2023.”
The private segment held the largest market share in 2017 and is estimated to be the fastest growing segment during the forecast period. The private segment provides more security over public blockchain. It can be utilized for various use cases including smart contracts, asset registry, and digital identity for various application such as energy trading and payment schemes.

“Asia Pacific: The fastest growing market for blockchain in energy market”
The Asia Pacific is expected to be the largest market for blockchain in energy market in 2023 and is projected to grow at the highest CAGR during the forecast period. Australia accounted for the largest share of the blockchain in energy market in the Asia Pacific in 2017 as it is one of the early adopters of the blockchain technology in the region. For instance, Origin Energy, one of the leading energy providers of Australia, in a partnership with Power Ledger plans to adopt new energy trading platforms to maintain the record of buying and selling energy. The Australian government is also planning to invest more to gain the benefits of blockchain in energy market.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 21%, and Tier 3- 14%
By Designation: C-Level- 28%, Managers- 36%, and Others- 36%
By Region: Asia Pacific- 57%, North America- 13%, South America- 5%, and RoW- 25%

Note: Others includes product engineers, product specialists, and engineering leads.

Note: The tiers of the companies are defined on the basis of their total revenues as of 2017. Tier 1: >USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: <USD 500 million

The leading players in the blockchain in energy market include Microsoft (US), Accenture (Ireland), IBM (US), Infosys (India), and SAP (Germany).

Research Coverage:
The report defines, describes, and forecasts the global blockchain in energy market by type, component, application, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the blockchain in energy market.

Why Buy this Report?
1. The report identifies and addresses key markets for blockchain in energy market, which would help manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH LIMITATIONS
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table BLOCKCHAIN IN ENERGY MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE BLOCKCHAIN IN ENERGY MARKET DURING THE FORECAST PERIOD
    • BLOCKCHAIN IN ENERGY MARKET, BY COUNTRY
    • EUROPEAN BLOCKCHAIN IN ENERGY MARKET, BY APPLICATION & COUNTRY
    • BLOCKCHAIN IN ENERGY MARKET, BY END-USER
    • BLOCKCHAIN IN ENERGY MARKET, BY COMPONENT
    • BLOCKCHAIN IN ENERGY MARKET, BY TYPE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
    • DRIVERS
      • INCREASING POPULARITY OF THE BLOCKCHAIN TECHNOLOGY IN THE ENERGY SECTOR
      • MANAGES INFRASTRUCTURE AND OTHER BUSINESS FUNCTIONS THROUGH HIGH TRANSACTION SPEED AND IMMUTABILITY
      • LOW COST OF BANDWIDTH AND COMPUTING
      • RISING SECURITY CONCERNS ACROSS THE GLOBE
    • RESTRAINTS
      • LACK OF A COMMON SET OF REGULATORY STANDARDS AND UNCERTAIN REGULATORY LANDSCAPE
      • CONCERNS RELATED TO THE AUTHENTICITY OF USERS
    • OPPORTUNITIES
      • INCREASING VENTURE FUNDING AND INVESTMENTS IN THE BLOCKCHAIN TECHNOLOGY
      • INNOVATION ACROSS INTERNATIONAL TRADE AND SUPPLY CHAIN MANAGEMENT
    • CHALLENGES
      • LACK OF AWARENESS AND TECHNICAL UNDERSTANDING ABOUT THE BLOCKCHAIN TECHNOLOGY
      • OPPOSITION FROM INCUMBENTS
  • BLOCKCHAIN IN ENERGY MARKET, BY TYPE
    • INTRODUCTION
      • Table BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
    • PRIVATE
      • Table PRIVATE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
    • PUBLIC
      • Table PUBLIC: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
  • BLOCKCHAIN IN ENERGY MARKET, BY COMPONENT
    • INTRODUCTION
      • Table BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
    • PLATFORM
      • Table PLATFORM: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
    • SERVICES
      • Table SERVICES: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
  • BLOCKCHAIN IN ENERGY MARKET, BY END-USER
    • INTRODUCTION
      • Table BLOCKCHAIN IN ENERGY MARKET SIZE, BY END-USER, 2017–2023 (USD MILLION)
    • POWER SECTOR
      • Table POWER SECTOR: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
    • OIL & GAS SECTOR
      • Table OIL & GAS SECTOR: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017-2023 (USD MILLION)
  • BLOCKCHAIN IN ENERGY MARKET, BY APPLICATION
    • INTRODUCTION
      • Table BLOCKCHAIN IN ENERGY MARKET SIZE, BY APPLICATION, 2017–2023 (USD MILLION)
    • GRID MANAGEMENT
      • Table GRID MANAGEMENT: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
    • ENERGY TRADING
      • Table ENERGY TRADING: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
    • GOVERNMENT RISK AND COMPLIANCE MANAGEMENT
      • Table GOVERNMENT RISK AND COMPLIANCE MANAGEMENT: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
    • PAYMENT SCHEMES
      • Table PAYMENT SCHEMES: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
    • SUPPLY CHAIN MANAGEMENT
      • Table SUPPLY CHAIN MANAGEMENT: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
  • BLOCKCHAIN IN ENERGY MARKET, BY REGION
    • INTRODUCTION
      • Table BLOCKCHAIN IN ENERGY MARKET SIZE, BY REGION, 2017–2023 (USD MILLION)
    • EUROPE
      • BY TYPE
        • Table EUROPE : BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
      • BY COMPONENT
        • Table EUROPE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
      • BY APPLICATION
        • Table EUROPE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY APPLICATION, 2017–2023 (USD MILLION)
      • BY END-USER
        • Table EUROPE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY END-USER, 2017–2023 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COUNTRY, 2017–2023 (USD MILLION)
        • Table GERMANY: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table GERMANY: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table UK: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table UK: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table NETHERLANDS: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table NETHERLAND: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table REST OF EUROPE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table REST OF EUROPE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
    • ASIA PACIFIC
      • BY TYPE
        • Table ASIA PACIFIC: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
      • BY COMPONENT
        • Table ASIA PACIFIC: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
      • BY APPLICATION
        • Table ASIA PACIFIC: BLOCKCHAIN IN ENERGY MARKET SIZE, BY APPLICATION, 2017–2023 (USD MILLION)
      • BY END-USER
        • Table ASIA PACIFIC: BLOCKCHAIN IN ENERGY MARKET SIZE, BY END-USER, 2017–2023 (USD MILLION)
      • BY COUNTRY
        • Table ASIA PACIFIC: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COUNTRY, 2017–2023 (USD MILLION)
        • Table JAPAN: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table JAPAN: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table SINGAPORE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table SINGAPORE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table AUSTRALIA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table AUSTRALIA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table NEW ZEALAND: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table NEW ZEALAND: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
    • NORTH AMERICA
      • BY TYPE
        • Table NORTH AMERICA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
      • BY COMPONENT
        • Table NORTH AMERICA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
      • BY END-USER
        • Table NORTH AMERICA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY END-USER, 2017–2023 (USD MILLION)
      • BY APPLICATION
        • Table NORTH AMERICA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY APPLICATION, 2017–2023 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COUNTRY, 2017–2023 (USD MILLION)
        • Table US: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table US: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table CANADA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table CANADA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
    • REST OF THE WORLD
      • BY TYPE
        • Table REST OF THE WORLD: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
      • BY COMPONENT
        • Table REST OF THE WORLD: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
      • BY APPLICATION
        • Table REST OF THE WORLD: BLOCKCHAIN IN ENERGY MARKET SIZE, BY APPLICATION, 2017–2023 (USD MILLION)
      • BY END-USER
        • Table REST OF THE WORLD: BLOCKCHAIN IN ENERGY MARKET SIZE, BY END-USER, 2017–2023 (USD MILLION)
      • BY COUNTRY
        • Table REST OF THE WORLD: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COUNTRY, 2017–2023 (USD MILLION)
        • Table BRAZIL: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table BRAZIL: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table ISRAEL: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table ISRAEL: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table UAE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table UAE: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table SOUTH AFRICA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table SOUTH AFRICA: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
        • Table REST OF OTHER COUNTRIES: BLOCKCHAIN IN ENERGY MARKET SIZE, BY TYPE, 2017–2023 (USD MILLION)
        • Table REST OF OTHER COUNTRIES: BLOCKCHAIN IN ENERGY MARKET SIZE, BY COMPONENT, 2017–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • RANKING OF PLAYERS, 2017
    • COMPETITIVE SCENARIO
      • Table MICROSOFT: THE MOST ACTIVE PLAYER IN THE MARKET BETWEEN 2015 AND JULY 2018
      • NEW PRODUCT DEVELOPMENTS
      • INVESTMENTS & EXPANSIONS
      • MERGERS & ACQUISITIONS
      • CONTRACTS & AGREEMENTS
  • COMPANY BENCHMARKING
    • ACCENTURE
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AWS
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BIGCHAINDB
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • BTL
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • DELOITTE
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GRID+
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • IBM
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INFOSYS
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MICROSOFT
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NODALBLOCK
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
    • ORACLE
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • POWER LEDGER
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • SAP
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • WEPOWER
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • LO3 ENERGY
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • ENOSI
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • ELECTRON
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • DRIFT
      • BUSINESS OVERVIEW
      • SERVICES & SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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