Blockchain In Energy Market Growth Opportunities, Top Companies, Revenue Growth and Business Development Report by 2027

Compound Management 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.  Besides, the rising internet of things technology penetration is likely to drive the market growth shortly.

The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2028. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

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The report also discusses the key players involved in the market such asInfosys 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. and others as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Blockchain in Energy market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.

Further key findings from the report suggest

  • 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.
  • Due to higher accessibility, the ability to efficient utilization of the network, and distributed architecture, the public segment is likely to hold the largest market. Furthermore, this category enables users to access the system, backed up by incentive-based payment authentication.
  • Over the forecast timeframe, the Peer-To-Peer Transaction segment is expected to lead the market. Shifting the focus on the development of RES energy, especially wind, solar & marine, to improve the production and accessibility of alternative energy will lead to the growth of the system.
  • The power industry is expected to dominate the market with a CAGR of 56.2% over the forecasted period. It’s mainly due to blockchain technologies’ ability to manage decentralized sources of energy and a holistic view of energy consumption through tracking.

Read more on the global Blockchain in Energy market report at: https://www.emergenresearch.com/request-discount/350

Emergen Research has segmented the global Blockchain in Energy Market on the basis of type, component, application, end-use, and region:

Type Outlook (Revenue, USD Million; 2017-2027)

  • Public
  • Private

Component Outlook (Revenue, USD Million; 2017-2027)

  • Services
  • Platform

Application Outlook (Revenue, USD Million; 2017-2027)

  • Peer-To-Peer Transaction
  • Grid Transactions
  • Energy Financing
  • Electric Vehicle
  • Sustainability Attribution
  • Others

End-Use Outlook (Revenue, USD Million; 2017-2027)

  • Oil & Gas
  • Power

Major Regions Covered in the Blockchain in Energy Market Report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Quick Buy—Blockchain in Energy Market Research Report At: https://www.emergenresearch.com/select-license/350

Key Reasons to Buy This Report:

  • The report presents a thorough examination of the Blockchain in Energy market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
  • The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
  • The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
  • The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.

Thank you for reading our report. Customization of the report is available according to the requirements of clients. In case of further queries about the report, do get in touch with us. Our team will make sure your report is tailored according to your needs.

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