How will the Rising Demand for Blockchain Technology Market Affect the Growth of Infrastructure Providers?

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

The blockchain technology market from infrastructure provider segment is anticipated to achieve a substantial growth rate of over 75% during the forecast timeframe. This growth is attributed to the huge investments made by the organizations for developing the blockchain. Also, the functionality of a blockchain solely relies on the core infrastructure for deployment, execution and maintenance.

The growing technology adoption among the major financial institutions is very likely to drive the blockchain technology market growth. Additionally, the technology is widely getting utilized across some of the data-driven organizations, as it offers the opportunities to transform the business portfolios.

Get sample copy of this research report @

The blockchain technology works on the basis of electronic ledger, which supports cryptographic security along with increased transparency in the transactions taking place. Moreover, the rising investments from the tech giants to improve the functionalities and security of the blockchain complemented by the supportive regulatory landscape is anticipated to stimulate the blockchain technology industry outlook. According to a research report by Global Market Insights, Inc., blockchain technology market size is very likely to reach USD 16 billion by 2024.

Payments and wallets are leading the application landscape with more than 50% stake in the Blockchain Technology Market. The numerous benefits offered by the blockchain-based payment solutions such as transparency, speed, and cost-effectiveness are the major factors that foster the market growth. Moreover, there is an ability of the distributed ledger technology to eliminate the middlemen or requirement of the central authority for making the cross-border payments.

BFSI sector accounted for over 60% share in the blockchain technology market in 2017. The increasing use of the blockchain technology among the financial institutes in a variety of applications, ranging from cross-border payment and wallets to digital identity identification, is the primary factor augmenting the market growth. Furthermore, the technology also facilitates an omnichannel system for the customer and minimizes the time per transaction.

Browse key industry insights spread across 180 pages with 132 market data tables & 39 figures & charts from the report, “Blockchain Technology Market” in detail along with the table of contents @

North America held more than 50% stake in the blockchain technology market in 2017. The supportive government initiative & policy for driving the adoption of the blockchain technology among the public-sector companies is the major force supporting the market. Moreover, the presence of the major market players in the region also fosters the market growth. Whereas, Asia Pacific is predicted to grow at a CAGR of over 87% during the forecast period. The increasing investment in the blockchain market space from countries including China, India, and Switzerland, is driving the market growth.

The blockchain technology market is characterized as highly competitive owing to the presence of both, multinational players and start-ups. The key vendors of the blockchain market are IBM, Microsoft, SAP, AWS, Ripple, R3, Alphapoint, Bitfury, Bacoor, Blocko, BitSE, Bloq, Blockstream, BTL Group, Coinbase, Chain, Digital Asset Holdings, Digiledge, and Earthport.

Major Key Points from Table of Content:

Chapter 7. Global Blockchain Technology Market, By End-Use

7.1. Key trends, by end-use

7.2. BFSI

7.2.1. Market estimates and forecast, 2016 – 2024

7.2.2. Market estimates and forecast, by region, 2016 – 2024

7.3. Government

7.3.1. Market estimates and forecast, 2016 – 2024

7.3.2. Market estimates and forecast, by region, 2016 – 2024

7.4. Healthcare

7.4.1. Market estimates and forecast, 2016 – 2024

7.4.2. Market estimates and forecast, by region, 2016 – 2024

7.5. IT Service

7.5.1. Market estimates and forecast, 2016 – 2024

7.5.2. Market estimates and forecast, by region, 2016 – 2024

7.6. Media & entertainment

7.6.1. Market estimates and forecast, 2016 – 2024

7.6.2. Market estimates and forecast, by region, 2016 – 2024

7.7. Transportation & logistics

7.7.1. Market estimates and forecast, 2016 – 2024

7.7.2. Market estimates and forecast, by region, 2016 – 2024

7.8. Others

7.8.1. Market estimates and forecast, 2016 – 2024

7.8.2. Blockchain Technology Market estimates and forecast, by region, 2016 – 2024

Browse complete Table of Contents (ToC) of this research report @

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]