TheGlobal Blockchain Technology Market research report recently published by EmergenResearch is a comprehensive guide for business development and working. Theglobal Blockchain Technology market is expected to grow at a high CAGR in theforecast period of 2020-2027. Rising investments and technological advancementsare expected to significantly drive the growth of the market throughout theforecast period.
InNovember 2019, Coke One North America (CONA) acquired the blockchain technologyof SAP. The acquisition was performed to streamline the supply chain processesbetween the 70 franchised bottling companies, and it also increased efficiencyand transparency of the CONA's complex production line.
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Key Highlights From TheReport
· In November2019, Coke One North America (CONA) acquired the blockchain technology of SAP.The acquisition was performed to streamline the supply chain processes betweenthe 70 franchised bottling companies, and it also increased efficiency andtransparency of the CONA's complex production line.
· The privatesegment held the largest market share of 46.6% in 2019, as it is morecentralized in nature than the public blockchain. Moreover, private blockchaincan process faster transactions and are also far more scalable.
· Small &Medium enterprises are forecasted to grow with the fastest CAGR of 68.0% overthe forecast period as more number of startups are adopting blockchaintechnology.
· TheInfrastructure segment held the largest market share of the blockchaintechnology in 2019 due to the increasing demand for the blockchain protocolsuch as Openchain, Ethereum, BigChainDB, and Hyperledger.
· The Bankingand Financial Services segment accounted for the largest market share in 2019due to the advantages of secure transactions obtained through blockchaintechnologies.
· The AsiaPacific region is expected to be the fastest-growing region over the forecastperiod due to the rising investments by financial technology (FinTech) firms inemerging economies.
Thereport also covers the SWOT analysis of the key competitors and containsfeasibility analysis, investment return analysis, and Porter’s Five ForcesAnalysis.
Regional Analysis:
Theregional analysis states the global market is bifurcated into The report alsocovers import export consumption, supply and demand ratio, cost, pricinganalysis, gross margin, and revenue estimation of each player in each region.
· NorthAmerica (U.S., Canada)
· Europe(U.K., Italy, Germany, France, Rest of EU)
· AsiaPacific (India, Japan, China, South Korea,Australia, Rest of APAC)
· LatinAmerica (Chile, Brazil, Argentina, Rest ofLatin America)
· MiddleEast & Africa (Saudi Arabia,U.A.E., South Africa, Rest of MEA)
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Key Benefits of the Global Blockchain Technology Report:
· Comprehensiveanalysis of the changing competitive landscape
· Assistsin decision making processes for the businesses along with strategicrecommendations to circumvent barriers and challenges efficiently
· Thereport offers an 8-year forecast and assessment of the Global BlockchainTechnology Market
· Acomprehensive regional analysis of the Global Blockchain Technology Market andinsights into the regions anticipated to show lucrative growth
· Detailedanalysis of the factors influencing the growth of the Global BlockchainTechnology Market
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About Us:
At Emergen Research, we believe in advancing with technology. We area growing market research and strategy consulting company with an exhaustiveknowledge base of cutting-edge and potentially market-disrupting technologiesthat are predicted to become more prevalent in the coming decade.
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