New York, NY, May 07, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Blockchain IoT Market By Offering (Infrastructure Provider, Software, and Hardware), By Application (Data Security, Asset Tracking & Management, Data Communication/Sharing, Smart Contracts, and Others), By End User (Healthcare, Smart City, Manufacturing, Transportation & Logistics, Energy & Utility, Retail, Building Management, Wearable & Mobile Devices, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”.
“According to the research report, the global Blockchain IoT Market was estimated at USD 100 Million in 2019 and is expected to reach USD 6,500 Million by 2026. The global Blockchain IoT Market is expected to grow at a compound annual growth rate (CAGR) of 90% from 2020 to 2026”.
Blockchain IoT Market: Key Market Insights Overview
Blockchain IoT is an emerging field that is used to secure the confidential data of industries. This novel technology does not permit accession to the data from any third-party sources. The increasing penetration of blockchain and IoT in various businesses & industries is attributed to the generation and secure storage of huge amounts of confidential data, thereby likely to escalate the global blockchain IoT market growth at a splendid rate. Moreover, highly supportive regulations & policies set by governments in favor of blockchain and IoT technology are likely to generate multiple business opportunities for the industries operating in the blockchain IoT market.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global blockchain IoT industry. The report analyzes and declares the historical and current trends analysis of the global blockchain IoT industry and subsequently recommends the projected trends anticipated to be observed in the global blockchain IoT market during the upcoming years.
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Our Free Sample Report Includes:
- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 225+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of table & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
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Key Questions Answered in this Report
1) What were the pre and post-business impacts of COVID-19 on the Blockchain IoT Market?
2) What is the market size, share of the Blockchain IoT Market?
3) Who are the top market players in Blockchain IoT Market?
4) What will be the future market of the Blockchain IoT Market?
Key Offerings:
- Market Size & Forecast by Revenue | 2020−2026
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by product, by types, end-user, applications, segments, and geography
- Competitive Landscape – Top key vendors and other prominent vendors
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Blockchain IoT Market: Industry Major Market Players
- Amazon.com Inc.
- IBM Corporation
- Filament
- Cisco Systems
- Microsoft Corporation
- Ethereum Foundation
- R3
- Intel Corporation
- KrypC
- The Linux Foundation
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Market Dynamics
By offering, the hardware segment in the global blockchain IoT market will witness considerable growth during 2020–2026
Blockchain, using its technology protocol, allows a secure exchange of data within a specific network of multiple parties. The data sharing process does not involve any sort of intermediates. The network participants intercommunicate with encrypted identities and peer-to-peer connections. Each data transaction is added to the immutable list of transactions and the data is accessible to all the participants within the network. Blockchain hardware, with the strong support of IoT, transfers data from a secure source to the cloud network. Therefore, the extensive importance of hardware in secure data transactions is flourishing its demand in the global blockchain IoT market.
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The report study further includes an in-depth analysis of industry players’ market shares and provides an overview of leading players’ market position in the global blockchain IoT sector. Key strategic developments in the global blockchain IoT market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global blockchain IoT market are appropriately highlighted in the report.
Blockchain IoT is an emerging field that is used to secure the confidential data of industries. This novel technology does not permit accession to the data from any third-party sources. The increasing penetration of blockchain and IoT in various businesses & industries is attributed to the generation and secure storage of huge amounts of confidential data, thereby likely to escalate the global blockchain IoT market growth at a splendid rate. Moreover, highly supportive regulations & policies set by governments in favor of blockchain and IoT technology are likely to generate multiple business opportunities for the industries operating in the blockchain IoT market.
The global blockchain IoT market research report delivers an acute valuation and taxonomy of the global blockchain IoT industry by practically splitting the market on the basis of different offerings, applications, end-users, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
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North America is anticipated to rule the global blockchain IoT market during the study timeframe
In 2019, North America held the major share of the global blockchain IoT market, as the region is a primary adopter of blockchain technology. In North America, the US captured the major share of the regional blockchain IoT market. The key factors prompting the dominance of the North America blockchain IoT market during the forecast period are the region has been rapidly adopting the latest and innovative technologies compared to other regions, and most of the key blockchain IoT-based industries are established in North America.
Browse the full “Blockchain IoT Market By Offering (Infrastructure Provider, Software, and Hardware), By Application (Data Security, Asset Tracking & Management, Data Communication/Sharing, Smart Contracts, and Others), By End User (Healthcare, Smart City, Manufacturing, Transportation & Logistics, Energy & Utility, Retail, Building Management, Wearable & Mobile Devices, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” report at https://www.fnfresearch.com/global-blockchain-iot-market-by-offering-infrastructure-provider-954
This report segments the global blockchain IoT market as follows:
Global Blockchain IoT Market: Offering Segmentation Analysis
- Infrastructure provider
- Software
- Hardware
Global Blockchain IoT Market: Application Segmentation Analysis
- Data security
- Asset tracking and management
- Data communication/sharing
- Smart contracts
- Others (Workforce Management and Real-Time Workforce Tracking)
Global Blockchain IoT Market: End-User Segmentation Analysis
- Healthcare
- Smart city
- Manufacturing
- Transportation and logistics
- Energy and utility
- Retail
- Building management
- Wearable and mobile devices
- Others (mining, construction, agriculture, food, real estate, and pharmaceuticals)
KEY REPORT POINTERS & HIGHLIGHTS:
- Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
- Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
- Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable Segments and Sub-segments of the Market
- Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
- Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
- Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
- Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
- Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
- Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
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