Global Blockchain Market: Size and Trends With Impact Of COVID-19 And Forecast Up To 2028

DELHI, India - Sept. 11, 2023 - PRLog -- A blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved. One of the main objectives of blockchain is to provide a secure and tamper-proof way of recording and verifying transactions or data in a decentralized manner. The Blockchain's potential to enhance security, transparency, and efficiency across various industries is one reason leading to the rising demand for blockchain in recent years. The global blockchain market in 2022 stood at US$11.02 billion, and is likely to reach US$265.01 billion by 2028.

Scope of the Report

-- An in-depth analysis of the global blockchain market by value, by component, by type, by enterprise size, by application, by industry vertical, etc.

-- The regional analysis of the blockchain market, including the following regions:

North America (The US, Canada and Mexico)
Europe (Germany, UK, France, Italy, Spain and Rest of Europe)
Asia Pacific (China, Japan, India, South Korea and Rest of Asia Pacific)
Middle East & Africa
Latin America

-- Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.

-- Provides an analysis of the COVID-19 impact on the global blockchain market, with post COVID impact analysis.

-- Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall blockchain market has also been forecasted for the period 2023-2028, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

-- Evaluation of the potential role of blockchain to improve the market status.

-- Identification of new technological developments, R&D activities, and collaborations occurring in the blockchain market.

-- In-depth profiling of the key players, including the assessment of the business overview, market strategies, regional and business segments of the leading players in the market.

-- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

For further details, kindly visit :

https://www.daedal-research.com/telecom-it/global-blockchain-market-size-and-trends-with-impact-of-covid-19-and-forecast-up-to-2028

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