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Jun 22, 2021 (Market Stats News via COMTEX) — Precedence Research announces the release of the report "Blockchain IoT Market – Global Industry Analysis, Size, Share, Trends, Growth, Regional Outlook and Forecasts, 2021 – 2030". The growth of blockchain IoT market is driven by growing adoption of Internet of Things (IoT), rising focus on operational efficiency and increasing requirement for IoT security.
[250+ Pages Report] The global Blockchain IoT Market size is poised to reach USD 31.28 Billion by 2030 from USD 78.5 Million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 73.5% from 2021 to 2030. The report provides the overall revenue of the global Blockchain IoT Market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.
This report presents the breakdown of the market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2017 to 2030. This research report evaluates the Blockchain IoT Market on a global and regional level. It offers a thorough analysis of the market status, growth, and forecast of the global Blockchain IoT Market for the period from 2017 to 2030.
Download Free Sample Copy with TOC, Graphs & List of Figures @ https://www.precedenceresearch.com/sample/1210
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the Blockchain IoT Market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Growth Factors
Factors such as growing adoption of Internet of Things (IoT), rising focus on operational efficiency, increasing requirement for IoT security, streamlining of business processes, better transparency offered by blockchain technology, increasing adoption of blockchain smart contracts are driving the growth of blockchain IoT market. Moreover, growing implementation of blockchain technology in the healthcare sector for reducing operational costs is driving the blockchain IoT market growth across the world. Additional features that are expected to fuel this business are integration of latest technologies and growing investment by governments.
As millions of systems, services, and devices get linked, the consumers are receiving benefit from the enhanced lifestyle and businesses are becoming more competent as they minimalize their operational expenses and raise their asset application. The blockchain IoT market is anticipated be primarily driven by more ubiquitous and inexpensive sensors that translate the physical data to digital matter. The usage, application, and development of IoT will probably continue to grow with the launch of 5G (fifth-generation) cellular technologies and systems. The 5G technology allows bigger number of equipment's to be connected concurrently to a network and interconnect with minimal adjournments, supporting not just consumer but commercial use of IoT systems and devices.
Report Highlights:
- Among the component segment, software's dominated the overall market in 2020. High activity in the area of software development for better implementation of blockchain IoT technologies is the foremost factors attributing to its large market share.
- The asset management and tracking segment accounted for the major share of revenue in the application segment with more than 31% share in 2020 due to high use of blockchain IoT for streamlining operational expenses. Data Security segment is anticipated to grow at the uppermost CAGR through the forecast duration.
- Transportation accounted for the largest revenue in the end-use industry segment. Early implementation of blockchain IoT technology in the transportation sector for better logistics is the key reason for high market share. Smart City segment is expected to grow at the highest growth rate through the estimate duration.
- Microsoft and Cisco Systems accounted for a significant share of the global blockchain IoT market.
Scope of the Study
This market report studies market dynamics, status, and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenarios and forecasts (revenue/volume) and categorizes the market by players, product, Raw Material, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints, and opportunities, and distributors and sales channels.
This research study also integrates Industry Chain analysis and Porter's Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Regional Framework
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Blockchain IoT Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2030 with respect to five major regions, namely; North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. The Blockchain IoT control unit market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 15+ countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Blockchain IoT Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe and Asia-Pacific, Latin America, Middle East and Africa after evaluating political, economic, social and technological factors effecting the Blockchain IoT Market in these regions.
COVID-19 Landscape: Blockchain IoT Industry Impact
Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus. The virus is spreading globally, with people traveling much more frequently, living in more densely populated areas, and coming into contact with infected people. Various outbreaks occurred in the past but did not reach a global pandemic level, as the novel coronavirus reaches. With this pandemic outbreak, the burden of both morbidity and mortality has increased exponentially and is leading to major disruptions in economic, social, and other aspects. In addition, the major burden has been fallen onto the healthcare sector and related in restructure, even in the most developed countries with advanced and next-level healthcare systems.
As per the WHO, the total cases of COVID-19 surpassed millions of cases as of many, 2020 worldwide. The outbreak has stepped into almost every country, globally, due to which the number of infected patients is rising, which is straining the countries' healthcare ecosystem and resources. This is mainly on account of intensifying demand for healthcare facilities, workers; and most importantly medical equipment, devices, drugs, and researches. In almost every country, authorities are worried by continuously reducing the availability of essential commodities, personal protective equipment (PPE), drugs/vaccines, testing kits, and others; and capacity to effectively manage the growing number of infected patients.
The industrial report mentions the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The Medical holography report proficiently explains the resulting factors and concerns of manufacturers. Researchers have also well-explained how the producers and providers will tackle the ongoing epidemic and the key strategies to be adopted post-pandemic for turning their businesses back to normal.
Competition Landscape
In the final section of the report, Precedence Research provided the global Blockchain IoT Remanufacturing market structure and a detailed competition landscape to provide a dashboard view of key players operating in the global market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.
Foremost players contending in the global Blockchain IoT Market are as follows:
- The Linux Foundation
- KrypC
- Microsoft
- Amazon
- Ethereum Foundation
- Cisco Systems
- IoTEX
- IBM
- Intel
In order to well recognize the present status of blockchain IoT, and policies implemented by the foremost nations, Precedence Research projected the future progress of the blockchain IoT market. This research report bids quantitative and qualitative insights on blockchain IoT market and valuation of market size and progress trend for probable market segments.
Major Market Segments Covered:
By Component
- Services
- Hardware
- Software
By Application
- Data Security
- Asset Management and Tracking
- Smart Contracts
- Data Sharing
- Others
By End-Use Industry
- Retail
- Transportation
- Smart City
- Manufacturing
- Construction
- Consumer Electronics
- Healthcare
- Others
By Geography
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- France
- United Kingdom
- Rest of Europe
-
- Asia Pacific
-
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Rest of Latin America
-
- Middle East & Africa (MEA)
-
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
-
Key Questions Answered in Blockchain IoT Market Report
- How is the market expected to grow over the projected period?
- What are the key factors driving the Blockchain IoT Market?
- What direction is the Blockchain IoT Market expected to take in terms of volume and value during the forecast period?
- What are the predominant trends in this global market?
- What are the major macro-economic factors impacting the growth of this market?
- What are the key opportunities in the Blockchain IoT Market for manufacturers?
- What are the factors hampering the growth of this market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Blockchain IoT Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Blockchain IoT Market
5.1. Covid-19: Blockchain IoT Industry Impact
5.2. Blockchain IoT Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Blockchain IoT Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Blockchain IoT Market Players to deal with Covid-19 Pandemic Scenario
Chapter 6. Blockchain IoT Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Growing adoption of Internet of Things (IoT)
6.1.1.2. Rising focus on operational efficiency
6.1.2. Market Restraints
6.1.2.1. Uncertain regulatory status
6.1.3. Market Opportunities
6.1.3.1. Growing implementation of blockchain technology in the healthcare sector
6.1.3.2. Integration of latest technologies and growing investment by governments
Chapter 7. Global Blockchain IoT Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Blockchain IoT Market Revenue by Market Players (2016 -2019)
7.1.1.2. Blockchain IoT Market Revenue Market Share by Market Players (2016 -2019)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users
Chapter 8. Global Blockchain IoT Market, By Component
8.1. Blockchain IoT Market, by Component, 2017-2030
8.1.1. Services
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Hardware
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Software
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Blockchain IoT Market, By Application
9.1. Blockchain IoT Market, by Application, 2017-2030
9.1.1. Data Security
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Asset Management and Tracking
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Smart Contracts
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Data Sharing
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Blockchain IoT Market, By End-Use Industry
10.1. Blockchain IoT Market, by End-Use Industry, 2017-2030
10.1.1. Retail
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Transportation
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Smart City
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Manufacturing
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Construction
10.1.5.1. Market Revenue and Forecast (2017-2030)
10.1.6. Consumer Electronics
10.1.6.1. Market Revenue and Forecast (2017-2030)
10.1.7. Healthcare
10.1.7.1. Market Revenue and Forecast (2017-2030)
10.1.8. Others
10.1.8.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Blockchain IoTMarket, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue Forecast by Component(2017-2030)
11.1.2. Market Revenue Forecast by Application (2017-2030)
11.1.3. Market Revenue Forecast by End-Use Industry (2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Component (2017-2030)
11.2.2. Market Revenue Forecast by Application (2017-2030)
11.2.3. Market Revenue Forecast by End-Use Industry (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Component (2017-2030)
11.3.2. Market Revenue Forecast by Application (2017-2030)
11.3.3. Market Revenue Forecast by End-Use Industry (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Component (2017-2030)
11.4.2. Market Revenue Forecast by Application (2017-2030)
11.4.3. Market Revenue Forecast by End-Use Industry (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Component (2017-2030)
11.5.2. Market Revenue Forecast by Application (2017-2030)
11.5.3. Market Revenue Forecast by End-Use Industry (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2017-2030)
Chapter 12. Company Profiles
12.1. The Linux Foundation
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Component Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin (2016 – 2019)
12.1.4. Recent Developments and Strategies
12.2. KrypC
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Component Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin (2016 – 2019)
12.2.4. Recent Developments and Strategies
12.3. Microsoft
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Component Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin (2016 – 2019)
12.3.4. Recent Developments and Strategies
12.4. Amazon
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Component Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin (2016 – 2019)
12.4.4. Recent Developments and Strategies
12.5. Ethereum Foundation
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Component Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin (2016 – 2019)
12.5.4. Recent Developments and Strategies
12.6. Cisco Systems
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Component Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin (2016 – 2019)
12.6.4. Recent Developments and Strategies
12.7. IoTEX
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Component Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin (2016 – 2019)
12.7.4. Recent Developments and Strategies
12.8. IBM
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Component Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin (2016 – 2019)
12.8.4. Recent Developments and Strategies
12.9. Intel
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Component Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin (2016 – 2019)
12.9.4. Recent Developments and Strategies
12.10. R3
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Component Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin (2016 – 2019)
12.10.4. Recent Developments and Strategies
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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About Us
Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.
Contact Us:
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Call: +1 9197 992 333
Email: sales@precedenceresearch.com
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The post Blockchain IoT Market Worth Nearly US$ 31.28 Bn by 2030 appeared first on Market Stats News.
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