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Blockchain Market By Industry Vertical (BFSI, Government, Healthcare, Retail & E-Commerce, Transportation & Logistics) Application (Payments, Exchanges, Smart Contracts, Documentation, Digital Identity) And Geography–Global Forecast To 2025

Blockchain Market by Industry Vertical (BFSI, Government, Healthcare, Retail & E-commerce, Transportation & Logistics) Application (Payments, Exchanges, Smart Contracts, Documentation, Digital Identity) and Geography–Global Forecast to 2025

The global blockchain market is expected to grow at a CAGR of 74.1% from 2018 to reach $28,248.7 million by 2023.

Succeeding an extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, opportunities, and challenges. Increasing Adoption of BaaS, increasing merchants accepting cryptocurrency, and growing interest in blockchain among financial institutions are the key factors driving the growth of the global blockchain market. However, regulatory uncertainty and limited scalability is hindering the growth of this market.

The payments segment accounted for the largest share of the global blockchain market in 2017. This segment is expected to grow at a CAGR of 72.2% during the forecast period. The rising need to transfer funds directly and securely to anyone and growing demand to reduce cost of transactions is driving the growth of this market segment.

On the basis of vertical, Banking, Financial Services and Insurance (BFSI) accounted for largest share of the global blockchain market. The rising need to simplify financial transactions, increasing demand to counteract fraud, and growing interest of companies to adopt blockchain are the major factors contributing in market growth.

An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). North America is a home to various global technology companies, which makes it a dominating market throughout the world. In addition, there is greater adoption of blockchain banks, financial institutes, transport & logistics, and healthcare industries in this region.

The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3 years (2015-2018). The key players profiled in the global blockchain market research report are Amazon (U.S.), IBM (U.S.), and Microsoft (U.S.), Ripple (U.S.), Chain, Inc. (U.S.), Earthport (U.K.), Coinbase (U.S.) Bitfury Group (Netherlands), BTL Group (Canada), and Digital Asset Holdings (U.S.).

Scope of the Report:

Market by Application

Payments
Exchanges
Smart Contracts
Documentation
Digital Identity
Supply Chain Management
Governance, Risk, and Compliance Management
Others

Market by Vertical

BFSI
Government
Healthcare and Life Sciences
Media and Entertainment
Retail and E-Commerce
Travel and Hospitality
Transportation and Logistics
Real Estate
IT and Telecommunication
Others

Market by Geography

North America
US
Canada
Europe
Germany
UK
Rest of Europe
Asia-Pacific (APAC)
China
Australia & New Zealand
Rest of Asia-Pacific
Latin America
Middle East and Africa


1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.3.1. Currency
1.3.2. Limitations
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
4. Industry Overview
4.1. Types of Blockchain
4.1.1. Public Blockchain
4.1.2. Private Blockchain
4.1.3. Permissioned Blockchain / Federated Blockchains
4.2. Recent Investments in Blockchain Technologies
5. Market Overview
5.1. Introduction
5.2. Market Drivers
5.2.1. Increasing Adoption Of BaaS
5.2.2. Increasing Merchants Accepting Cryptocurrency
5.2.3. Growing Interest in Blockchain among Financial Institutions
5.3. Restraints
5.3.1. Regulatory Uncertainty
5.4. Opportunities
5.4.1. Cost Reduction
5.4.2. Blockchain in International Trade
5.4.3. Smart Contract and Digital Identity
5.5. Challenges
5.5.1. Limited Scalability
5.5.2. Security, Privacy, and Lack of Awareness
6. Global Blockchain Market Size, by Application
6.1. Introduction
6.2. Payments
6.3. Smart Contracts
6.4. Documentation
6.5. Exchanges
6.6. Digital Identity Management
6.7. Supply Chain Management
6.8. Governance, Risk, and Compliance Management
6.9. Other Applications
7. Global Blockchain Market Size, by Vertical
7.1. Introduction
7.2. Banking, Financial Services & Insurance (BFSI)
7.3. Government Organizations
7.4. Healthcare & Life Sciences Industry
7.5. Retail and E-Commerce Industry
7.6. Transportation and Logistics Industry
7.7. Media and Entertainment Industry
7.8. Travel & Hospitality Industry
7.9. Real Estate Industry
7.10. IT and Telecommunications Industry
7.11. Other Industry Verticals
8. Global Blockchain Market Size, by Geography
8.1. Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. U.K.
8.3.2. Germany
8.3.3. Rest of Europe (RoE)
8.4. Asia Pacific (APAC)
8.4.1. China
8.4.2. Australia & New Zealand
8.4.3. Rest of Asia-Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Rest of Latin America
8.6. Middle East & Africa (MEA)
9. Competitive Outlook
9.1. Competitor Benchmarking
9.2. Market Share Analysis, by Key Players
10. Company Profiles (Business Overview, Financials, Solutions Offered, Recent Strategic Developments)
10.1. Amazon
10.2. IBM
10.3. Microsoft
10.4. Ripple
10.5. Chain, Inc.
10.6. Earthport
10.7. Coinbase
10.8. Bitfury Group
10.9. BTL Group
10.10. Digital Asset Holdings
10.11. Others
11. Appendix
11.1 Questionnaire
11.2 Available Customization
List of Tables
Table 1 Key Recent Investments in Blockchain Technology
Table 2 Market Dynamics
Table 3 Blockchain Market Size, by Application, 2016–2025 ($Million)
Table 4 Global Blockchain Market Size for Payments, by Region, 2016–2025 ($Million)
Table 5 Global Blockchain Market Size for Smart Contracts, by Region, 2016–2025 ($Million)
Table 6 Global Blockchain Market Size for Documentation, by Region, 2016–2025 ($Million)
Table 7 Global Blockchain Market Size for Exchanges, by Region, 2016–2025 ($Million)
Table 8 Global Blockchain Market Size for Digital Identity Management, by Region, 2016–2025 ($Million)
Table 9 Global Blockchain Market Size for Supply Chain Management, by Region, 2016–2025 ($Million)
Table 10 Global Blockchain Market Size for Governance, Risk, and Compliance Management, by Region, 2016–2025 ($Million)
Table 11 Global Blockchain Market Size for Other Applications, by Region, 2016–2025 ($Million)
Table 12 Global Blockchain Market Size for Banking, Financial Services, & Insurance Industry, by Region, 2016–2025 ($Million)
Table 13 Global Blockchain Market Size for Banking, Financial Services, & Insurance Industry, by Application, 2016–2025 ($Million)
Table 14 Global Blockchain Market Size for Government Organizations, by Region, 2016–2025 ($Million)
Table 15 Global Blockchain Market Size for Government Organizations, by Application, 2016–2025 ($Million)
Table 16 Global Blockchain Market Size for Healthcare & Life Sciences Industry, by Region, 2016–2025 ($Million)
Table 17 Global Blockchain Market Size for Healthcare & Life Sciences Industry, by Application, 2016–2025 ($Million)
Table 18 Global Blockchain Market Size for Retail & E-Commerce Industry, by Region, 2016–2025 ($Million)
Table 19 Global Blockchain Market Size for Retail & E-Commerce Industry, by Application, 2016–2025 ($Million)
Table 20 Global Blockchain Market Size for Transportation & Logistics Industry, by Region, 2016–2025 ($Million)
Table 21 Global Blockchain Market Size for Transportation & Logistics Industry, by Application, 2016–2025 ($Million)
Table 22 Global Blockchain Market Size for Media & Entertainment Industry, by Region, 2016–2025 ($Million)
Table 23 Global Blockchain Market Size for Media & Entertainment Industry, by Application, 2016–2025 ($Million)
Table 24 Global Blockchain Market Size for Travel & Hospitality Industry, by Region, 2016–2025 ($Million)
Table 25 Global Blockchain Market Size for Travel & Hospitality Industry, by Application, 2016–2025 ($Million)
Table 26 Global Blockchain Market Size for Real Estate Industry, by Region, 2016–2025 ($Million)
Table 27 Global Blockchain Market Size for Real Estate Industry, by Application, 2016–2025 ($Million)
Table 28 Global Blockchain Market Size for IT & Telecommunications Industry, by Region, 2016–2025 ($Million)
Table 29 Global Blockchain Market Size for IT & Telecommunications Industry, by Application, 2016–2025 ($Million)
Table 30 Global Blockchain Market Size for other Industry Verticals, by Region, 2016–2025 ($Million)
Table 31 Global Blockchain Market Size for other Industry Verticals, by Application, 2016–2025 ($Million)
Table 32 Blockchain Market Size, by Region, 2016-2025 ($Million)
Table 33 North America: Blockchain Market Size, by Country, 2016-2025 ($Million)
Table 34 North America:Market Size, by Application, 2016-2025 ($Million)
Table 35 North America: Market Size, by Vertical, 2016-2025 ($Million)
Table 36 U.S.: Blockchain Market Size, by Application, 2016-2025 ($Million)
Table 37 Canada: Blockchain Market Size, by Application, 2016-2025 ($Million)
Table 38 Europe: Blockchain Market Size, by Country, 2016-2025 ($Million)
Table 39 Europe: Market Size, by Application, 2016-2025 ($Million)
Table 40 Europe: Market Size, by Vertical, 2016-2025 ($Million)
Table 41 U.K.: Market Size, by Application, 2016-2025 ($Million)
Table 42 Germany: Market Size, by Application, 2016-2025 ($Million)
Table 43 Rest of Europe: Market Size, by Application, 2016-2025 ($Million)
Table 44 APAC: Blockchain Market Size, by Country, 2016-2025 ($Million)
Table 45 APAC: Market Size, by Application, 2016-2025 ($Million)
Table 46 APAC: Market Size, by Vertical, 2016-2025 ($Million)
Table 47 China: Market Size, by Application, 2016-2025 ($Million)
Table 48 Australia & New Zealand: Market Size, by Application, 2016-2025 ($Million)
Table 49 Rest of Asia-Pacific: Market Size, by Application, 2016-2025 ($Million)
Table 50 Latin America: Market Size, by Country, 2016-2025 ($Million)
Table 51 Latin America: Market Size, by Application, Latin America -2025 ($Million)
Table 52 Latin America: Market Size, by Vertical, 2016-2025 ($Million)
Table 53 Mexico: Market Size, by Application, 2016-2025 ($Million)
Table 54 Brazil: Market Size, by Application, 2016-2025 ($Million)
Table 55 Rest of Latin America: Market Size, by Application, 2016-2025 ($Million)
Table 56 MEA: Market Size, by Application, 2016-2025 ($Million)
Table 57 MEA: Market Size, by Vertical, 2016-2025 ($Million)
Table 58 Key Products/Solutions in the Global Blockchain Market
List of Figures
Figure 1 Market Ecosystem
Figure 2 Key Stakeholders in the Global Blockchain Market
Figure 3 Research Process
Figure 4 Key Executives Interviewed
Figure 5 Primary Research Techniques
Figure 6 Market Size Estimation
Figure 7 Key Opportunities
Figure 8 Scope of the Global Blockchain Market
Figure 9 Global Blockchain Market, by Application
Figure 10 Global Blockchain Market, by Technology
Figure 11 Key Adopters of Blockchain Technology
Figure 18 Market Dynamics
Figure 19 BSFI Continue to Dominate the Blockchain Market during Forecast Period
Figure 2 0 Smart Contracts Will Dominate the Blockchain Applications Market by 2025
Figure 21 Asia-Pacific to Register Highest Growth during Forecast Period
Figure 22 Global Blockchain Market Size, by Application, 2018 Vs 2025 ($Million)
Figure 23 Global Blockchain Market Size, by Vertical, 2025 Vs 2018 ($Million)
Figure 24 Blockchain Market: Competitive Benchmarking
Figure 25 Blockchain Market Share Analysis, by Key Players (2017)
Figure 26 Amazon: Financial Overview: 2015-2017
Figure 27 IBM: Financial Overview: 2015-2017 85
Figure 28 Microsoft: Financial Overview: 2015-2017
Figure 29 Earthport: Financial Overview: 2015-2017
Figure 30 BTL Group: Financial Overview: 2016-2017

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