Blockchain in Energy Market - Growth, Trends, Covid-19 Impact, And Forecasts (2020- 2027
Blockchain in Energy Market Size – USD 287.0 Million in 2019, Market Growth - CAGR of 56.1%, Market Trends – The rise in the penetration of Internet of Thing devices.
The rising adoption of blockchain in the energy industry and growing safety concerns related to automated grids are driving the demand for the market.The global Blockchain in Energy Market is forecasted to be worth USD 8,761.4 Million by 2027, according to a current analysis by Emergen Research. During the forecasted timeline, the global blockchain in the energy market is expected to rise substantially, owing to the rising adoption of blockchain in the energy industry. The growing safety concerns related to automated grids is anticipated to further propel the market growth in the forecast period.
Key participants include Infosys Limited, SAP SE, Oracle Corporation, Accenture plc, WePower UAB, IBM Corporation, Microsoft Corporation, Deloitte Touche Tohmatsu Limited, LO3 Energy, Inc., and BigchainDB GmbH, among others.
You Can Download Free Sample PDF Copy of Blockchain in Energy Market at: https://www.emergenresearch.com/request-sample/350
Key Objectives of the Report:
Analysis and estimation of the Blockchain in Energy market size and share for the projected period of 2020-2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Blockchain in Energy market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Besides, the rising internet of things technology penetration is likely to drive the market growth shortly.In October 2020, GuideVision was acquired by Infosys Limited. Infosys will enhance its technological transformation with the acquisition, expanding Infosys Cobalt's cloud services offering and reaffirming its commitment to the rising ServiceNow ecosystem. Infosys' ServiceNow capabilities will be enhanced by GuideVision's training academy and offshore facilities, will provide customers in Europe unparalleled abilities in the first hybrid cloud transition.
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Type Outlook (Revenue, USD Million; 2017-2027)
Public
Private
End-Use Outlook (Revenue, USD Million; 2017-2027)
Oil & Gas
Power
Blockchain in Energy Market Report mainly improves market size,and provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global Blockchain in Energy market. This helps us to comprehensively analyze the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition.
Emergenresearch released report of Blockchain in Energy Market, a study that offers a meticulously studied overview of the factors and drivers of the global market. Blockchain in Energy Market research report depicts the latest market scenario with updated trends and segmentation of the products and services.
Application Outlook (Revenue, USD Million; 2017-2027)
Peer-To-Peer Transaction
Grid Transactions
Energy Financing
Electric Vehicle
Sustainability Attribution
Others
Questions addressed in the report:
What is the estimated market growth rate throughout the forecast period?
Which end-use industry is expected to witness the highest demand for Blockchain in Energy in the near future?
What is the regulatory framework governing the application of Blockchain in Energy in the food industry?
Which manufacturing processes are utilized for the production of Blockchain in Energy ?
Read More:https://www.emergenresearch.com/industry-report/blockchain-in-energy-market
The global Blockchain in Energy market report discusses in detail the revenue and cost profit analysis of the prominent players of the market. It also focuses on the strategic initiatives taken by the companies to gain a robust footing in the market such as mergers and acquisitions, collaborations, joint ventures, partnerships, corporate and government deals, and licensing agreements, among others. It covers business overview, expansion plans, gross profit margins, revenue growth, production and manufacturing capacity, product portfolio, and financial standing of the companies. SWOT analysis and Porter’s Five Forces analysis are also covered to offer detailed analysis of the key companies operating in the market.
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