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Insights on the Global Blockchain Technology Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio

·3-min read

The blockchain technology market is expected to grow by USD 8.07 billion, accelerating at a CAGR of over 29% during the forecast period. Download Free Sample Report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201027005663/en/

Technavio has announced its latest market research report titled Global Blockchain Technology Market 2020-2024 (Graphic: Business Wire)

The increase in FinTech spending is one of the major factors propelling market growth. However, factors such as the network privacy and security concerns will hamper market growth.

More details: https://www.technavio.com/report/blockchain-technology-market-industry-analysis

Global Blockchain Technology Market: Geographic Landscape

North America will offer several growth opportunities to market vendors during the forecast period. The US and Canada are the key markets for blockchain technology in North America.

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Companies Covered

  • Accenture Plc

  • Amazon.com Inc.

  • Huawei Investment & Holding Co. Ltd.

  • Infosys Ltd.

  • Intel Corp.

  • International Business Machines Corp.

  • Microsoft Corp.

  • Oracle Corp.

  • SAP SE

  • Tata Consultancy Services Ltd.

What our reports offer:

  • Market share assessments for the regional and country-level segments

  • Strategic recommendations for the new entrants

  • Covers market data for 2019, 2020, until 2024

  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

  • Strategic recommendations in key business segments based on the market estimations

  • Competitive landscaping mapping the key common trends

  • Company profiling with detailed strategies, financials, and recent developments

  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by End-user

  • Market segments

  • Comparison by end-user

  • BFSI - Market size and forecast 2019-2024

  • Government - Market size and forecast 2019-2024

  • Healthcare - Market size and forecast 2019-2024

  • Others - Market size and forecast 2019-2024

  • Market opportunity by end-user

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Accenture Plc

  • Amazon.com Inc.

  • Huawei Investment & Holding Co. Ltd.

  • Infosys Ltd.

  • Intel Corp.

  • International Business Machines Corp.

  • Microsoft Corp.

  • Oracle Corp.

  • SAP SE

  • Tata Consultancy Services Ltd.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201027005663/en/

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Technavio Research
Jesse Maida
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