Global Blockchain Distributed Ledger Technology Market 2019 – Adroit Market Research

Adroit Market Research
Global Blockchain Distributed Ledger
Technology Market Size 2018
by Type (Public, Private & Federated/Consortium), by
Industry (BFSI, Government, Healthcare, Energy & Utilities,
Manufacturing & Industrial Products, Retail & E-commerce,
others), by Application, and by Region Forecast 2018 to
2025
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Adroit Market Research
Global Blockchain Distributed Ledger Technology Market
• Adroit Market Research today published a study on the “Global Blockchain Distributed Ledger Technology (DLT) Market
Size 2017 by Type (Public, Private and Consortium/Federated), by Industry (BFSI, Public Sector, Healthcare, Energy &
Utility, Manufacturing & Industrial Products, Retail & E-commerce and Others), Region and Forecast 2018 to 2025”. The
global Blockchain DLT market size is estimated to be USD 32.76 Billion by 2025 growing at a double digit CAGR during the
forecast period 2018 to 2025. The increasing awareness about the advantages of Blockchain DLT such as decentralization,
higher security, and almost equal to zero fraud probability is positively impacting the adoption of the Blockchain
DLT. Blockchain also opens up a lot of new business opportunities for firms operating in predictive data analytics. As real
time data is stored and available using Blockchain which can be used by data analysts and data scientists to predict the
future trends.
• Among Blockchain DLT types segment, the private Blockchain type is expected to grow at the fastest CAGR during the
forecast period achieving a market size of USD 11.79 billion in 2025. The private Blockchain adoption is expected to
increase with increasing adoption of Blockchain DLT by the private firms. As the enterprise level adoption of Blockchain is
expected to increase the private or consortium type Blockchain DLT’s market is expected to increase. As due to security
reason most of enterprises are expected to use Private Blockchain DLT and use public Blockchain only when the data is to
be shared with the consumers and end customers.
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Adroit Market Research
Global Blockchain Distributed Ledger Technology Market
• Among the application segment, the application of Blockchain DLT in expected to be fastest in supply chain management.
The application of Blockchain in supply chain management is expected to increase at a CAGR of 58.25% during the
forecast period. Most of the Supply chain management firms are planning to implement Blockchain DLT technology.
• As Blockchain allows to track transactions securely and transparently, supply chain companies are planning to make use
of Blockchain to efficiently verify, record and track products. This will help supply chain companies to manage their
resources more efficiently and even reduce the dependence on intermediaries to large extent.
• Geographically, North America led the Blockchain DLT market in terms of value in 2017 and is expected to maintain its
top position during the forecast period reaching a market value of USD 15.33 Billion in 2025. China is trying to catch US
by making a lot of developments and initiatives to adopt Blockchain and leverage it in the country’s smart city projects.
Europe the second largest Blockchain DLT market is also making a lot of efforts to adopt Blockchain DLT in various
sectors.
• The European Union (EU) countries have formed a joint association to research and develop Blockchain applications and
make joint efforts instead of making fragmented efforts. This will positively impact in the growth of the European
Blockchain DLT market.
• Some of the leading players operating in the market include IBM, Microsoft, Intel Corporation, Deloitte, ConSensys,
Electron, Blockcypher, CoinFabrik and Chain. Companies are forming collaborations with governments and within
themselves to develop and offer Blockchain solutions globally.
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Adroit Market Research
Global Blockchain Distributed Ledger Technology Market
Key segments of the global Blockchain DLT market
Global Blockchain DLT Market, by Type
• Public Blockchain
• Private Blockchain
• Federated/Consortium Blockchain
Global Blockchain DLT Market, by Industry
Global Blockchain DLT Market, by Application
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Financial transactions
Smart Property
Smart Contracts
Blockchain Identity
Supply chain Management
Digital voting
Global Blockchain DLT Market Overview, by Region
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The titled, “Global Blockchain Distributed Ledger Technology Market” report published by Adroit Market Research provides an extraordinary analysis for evaluating the Blockchain Distributed Ledger Technology industry, highlighting opportunities and supporting strategic and skillful decision-making.