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Europe Blockchain Technology Market (2018-2023)

Europe Blockchain Technology Market (2018-2023)

Europe Blockchain Technology Market

Blockchain technology is used to record Bitcoin transactions via a global network of computers. It is a continuously growing list of blocks (record) that are linked and secured using cryptography. Each new block created is connected to the previous block via a “cryptographic Hash”. Europe holds the second most significant share in the Blockchain technology market. Europe is expected to grow at a CAGR of 35.8% (2018-2023) and generate a global revenue of USD 4.3 Bn by 2023. A European Blockchain observatory and forum hub has begun monitoring existing Blockchain initiatives, trends and potential risk. The forum will create more awareness that should drive the adoption of the technology in this region.

Europe dominates the global insurance market. Five major European insurance companies - Allianz, Aegon, Munich Re, Swiss Re and Zurich - have taken up the Blockchain initiative to provide faster and secured services to its clients. European banking is attempting to shift trade finance to Blockchain platforms.

EU5, which includes France, Germany, Italy, Spain, and the United Kingdom, dominates the market because of digitalization and early adoption of Blockchain technology.

Key growth factors:

  • Retail customers are now preferring digital platforms for making purchase/ payments. In order to provide continuous support, retailers are looking to adopt Blockchain technology for securing and streamlining processes. This would further accelerate the adoption of Blockchain by retailers.
  • GDPR (General Data Protection Regulation) is expected to promote Blockchain technology to overcome barriers and ease cross-border payment
Threats and key players:
  • The decentralized characteristic of Blockchain technology clashes with European regulations on personal data protection. This hinders the adoption of the technology
  • The key players in this region are Microsoft , IBM, Accenture, Deloitte, and Capgemini
What’s covered in the report?
  • Overview of the Europe Blockchain technology market
  • The current and forecasted market size data for the Europe Blockchain technology market
  • The current and forecasted market size data for the segments of the market – by industries– BFS (Banking and Financial services), Insurance, Supply Chain, Healthcare, others
  • Market trends in the Europe Blockchain technology market
  • Market drivers and challenges in Europe Blockchain technology market
  • Current and forecasted regional (EU5 (France, Germany, Italy, Spain, and United Kingdom) market size data for Europe Blockchain technology market and its segments
  • Analysis of company profiles of major players operating in the market
Why buy?
  • Get a broad understanding of the Europe Blockchain technology market and its segments- by type and by industries
  • Get region-specific drivers and challenges affecting the Europe Blockchain technology market
  • Recognize significant competitors' business and market dynamics, and respond accordingly


Chapter 1: Executive summary
1.1 Market scope and segmentation
1.2 Key questions answered in this study
1.3 Executive summary I
1.4 Executive summary II
Chapter 2: Introduction
2.1. Blockchain technology- functionality
2.2. Blockchain application
2.3. Blockchain use cases
2.4. Value chain-Blockchain technology market
Chapter 3: Europe Blockchain technology Market overview
3.1. Market overview - Key observations, global historical (2016-2017) and forecasted (2018-2023) market size (USD bn)
3.2. Market trends
3.3. Market drivers
Chapter 4: Europe Blockchain Technology Market by country
4.1. EU5- Historical (2016-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges
4.2. Rest of EU- Historical (2016-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges
Chapter 5: Europe Blockchain Technology Market by industries
5.1. Europe- segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries – Industry overview, market share
5.1.1. EU5- industry segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries – Revenue contribution (historical and forecasted), drivers, and key competitors
5.1.2. Rest of EU- industry segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries – Revenue contribution (historical and forecasted), drivers, and key competitors
Chapter 6: Company profiles
6.1. Microsoft Corporation
Company Snapshot
Key People
Financial Standing
Blockchain Offering
Focus Area
Recent Initiatives
Key Verticals
Geographical Presence
6.2. IBM
Company Snapshot
Key People
Financial Standing
Blockchain Offering
Focus Area
Recent Initiatives
Key Verticals
Geographical Presence
6.3. Accenture
Company Snapshot
Key People
Financial Standing
Blockchain Offering
Focus Area
Recent Initiatives
Key Verticals
Geographical Presence
6.4. Deloitte
Company Snapshot
Key People
Financial Standing
Blockchain Offering
Focus Area
Recent Initiatives
Key Verticals
Geographical Presence
6.5. Capgemini
Company Snapshot
Key People
Financial Standing
Blockchain Offering
Focus Area
Recent Initiatives
Key Verticals
Geographical Presence
6.6. Cognizant
Company Snapshot
Key People
Financial Standing
Blockchain Offering
Focus Area
Recent Initiatives
Key Verticals
Geographical Presence
6.7. Infosys
Company Snapshot
Key People
Financial Standing
Blockchain Offering
Focus Area
Recent Initiatives
Key Verticals
Geographical Presence
6.8. Tata Communication Services
Company Snapshot
Key People
Financial Standing
Blockchain Offering
Focus Area
Recent Initiatives
Key Verticals
Geographical Presence
6.9. Virtusa Polaris
Company Snapshot
Key People
Financial Standing
Blockchain Offering
Focus Area
Recent Initiatives
Key Verticals
Geographical Presence
6.10. Wipro
Company Snapshot
Key People
Financial Standing
Blockchain Offering
Focus Area
Recent Initiatives
Key Verticals
Geographical Presence
Chapter 7: Start-up Company Overview
7.1. bitFlyer(*)
Overview
Key People
Investor
Client/Partners
Recent Initiatives
7.2. Coins.ph
7.3. SETL
7.4. Guardtime
(*) all the information are similar to the above company
Chapter 8: Conclusion
8.1. Blockchain Opportunities
8.2. Conclusion
Appendix
1. List of Tables
2. Research Methodology
3. Assumptions
4. About Netscribes Inc.
Disclaimer:
The Table of Contents (ToC) provided above contains the targeted coverage. The coverage is subject to change as we progress with the research.

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