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Blockchain In Telecom Market 2021-2027 | Global Industry Analysis

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ReportCrux Market Research
Blockchain In Telecom Market 2021-2027 | Global Industry Analysis

Blockchain In Telecom Market Size

Blockchain in Telecom Market estimated to grow from USD 92.7 Million in 2019 to reach USD 12,569.2 Million by 2027, at a CAGR of 84.7% during 2020-2027.

Fraud detection and prevention increasing adoption of 5G secure and error free IoT connectivity are some of the factors acting as a catalyst for implementing blockchain in telecom. Also, increasing numbers of blockchain consortia, such as the Carrier Blockchain Study Group (CBSG) and Hyperledger, are expected to further fuel market development.

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Market Overview

The market report covers a basic overview of the market from the industry perspective. This will help the reader to get a gist about different industry dimensions from a manufacturer’s view. The report divides the market into different sections and is comprised of market revenue (value) by segments.
 
The report provides market data from 2016 till 2027, wherein, 2016 to 2018 will be historic years, 2019 would be the base year and 2020 to 2027 will be forecast years. The report provides different statistics and figures and charts that will help analyze trends and global Blockchain in Telecom market share along with its growth rate in different regions and countries.
 
Key players across the globe are profiled in the report along with its company landscaping. Product portfolio for each company, recent developments and company strategies are covered along with the company financials.

Blockchain in Telecom Companies

The top 25 Key companies in Blockchain in Telecom Market Analysis

• IBM (US)

• Bitfury (US)

• Microsoft (US) 

• Filament (US) 

• AWS (US)

• Blockpoint (US) 

• SpinSys (US) 

• Abra (US)

• ShoCard (US)

• Huawei (China)

• Chain (US)

• Blockstream (US)

• Oracle (US)

• BlockCypher (US)

• TBCASoft (US)

• SAP (Germany)

• RecordsKeeper (Spain) 

• Cegeka (Netherlands)

• Reply (Italy)

• Guardtime (Estonia)

• Sofocle (India)

• Auxesis Group (India)

• Blockchain Foundry (Singapore)

• Clear (Singapore)

• Blocko (South Korea)

Segmentation Analysis

The report describes in detail market segmentation by dividing the market based on its Provider, Organization Size, Application and region and is analyzed from 2016 to 2027 by value and volume. All the segments are evaluated by taking into consideration the historic and future trends. All the segments with the dominating & fastest growing sub-segments and the factors responsible for the same are studied and are mentioned in the report.

Evident quantitative as well as qualitative insights about the segments are covered in the report along with forecast analysis of all the segments that expected to alter the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.
 
The report gives the pursuer the complete idea and understanding of the market and the regional and country level value and volume scenario and essentials for the industry. Current market insights on the regional level are studied and centered while market estimation, thus giving the reader a specialized idea & plans, financial as well as recent market advancements globally.
 
The application providers control all the tools provided by middleware providers for the development of different applications along with the solutions and platforms that are provided by the infrastructure providers. The applications that are developed have several use cases and can run on mobile devices, endpoints and other similar IoT devices. These are some of the factors which will lead to the fastest growth of the application providers in the market.
 

Regional Analysis

North America held the maximum share of 46% in 2019 and Asia Pacific is expected to grow at the fastest CAGR of 85.1%during the forecast period. Due to the growing focus of the government on regulating the blockchain technology in the telecom market, growing number of startups and rise in venture capital funding the are factors influencing the CAGR of the Asia Pacific region. Some of the key financial hubs, telecom service providers and the government organizations in developing countries like India, China, New Zealand, Singapore and Australia are providing huge opportunities for adopting the blockchain technology in the telecom sector. 

Blockchain in Telecom Market Segmentation

By Provider
• Infrastructure Providers
• Middleware Providers
• Application Providers
 
By Organization Size
• SMEs
• Large Enterprises
 
By Application
• Payments
• OSS/BSS Processes
• Connectivity Provisioning
• Identity Management
• Smart Contracts
• Others (Digital Asset Management and Roaming)
 
By Region
• North America
• Latin America
• Europe
• Asia-Pacific
• Middle-East & Africa
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