The global blockchain in energy market is expected to be valued at USD 8,761.4 Million by 2027 from USD 287.0 Million in 2019, registering a CAGR of 56.1% during the forecast period. This growth is attributable to rise in adoption of blockchain in the energy industry. Safety concerns associated with automated grids are propelling the growth of the global blockchain in the energy market.
The latest study unravels the unfavorable impacts of the COVID-19 pandemic on the global Blockchain in Energy business sector. According to our expert team, the corona virus outbreak has had an overwhelming impact on the global economic landscape, and consequently, on this business vertical. The pandemic is expected to contribute to the potential downturn of the Blockchain in Energy industry substantially. Reportedly, this sector has been financially beleaguered since the COVID-19 lockdown restrictions were put into effect. Hence, the report highlights the financial obstacles that have slowed numerous businesses’ progress in this sector and disrupted the global supply chains.
Competitive Overview:
The global Blockchain in Energy market report closely studies the functioning mechanisms of the key companies participating in the global market. These companies are said to be following a slew of business expansion strategies to reinforce their financial positions in this market. As per the report, these companies account for a major portion of the overall Blockchain in Energy market share. Therefore, this section of the report emphasizes the principal strategic initiatives led by these companies, including mergers & acquisitions, joint ventures, new business deals, new product launches, collaborations, technological upgradation, and several others.
Key Market Players:
SAP SE, Infosys Limited, Oracle Corporation, WePower UAB, Accenture plc, IBM Corporation, Deloitte Touche Tohmatsu Limited, Microsoft Corporation, BigchainDB GmbH, and LO3 Energy, Inc.
Global Blockchain in Energy Market Report – Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Blockchain in Energy market segments
1.3 Target players
1.4 Market analysis by type
1.5 Market analysis by application
1.6 Key learning objectives
1.7 Report timeline
- Global Growth Trends
2.1 Global Blockchain in Energy market size
2.2 Latest trends of the Blockchain in Energy market by region
2.3 Key corporate trends
- Global Blockchain in Energy Market share by key players
3.1 Global Blockchain in Energy Market size by manufacturers
3.2 Global Blockchain in Energy Market key players
3.3 Products/solutions/services of major players
3.4 New entrants in the Blockchain in Energy market
3.5 Mergers, acquisitions, joint ventures, and expansion plans
- Global Blockchain in Energy Market by product type
4.1 Global Blockchain in Energy Sales by Product
4.2 Global Blockchain in Energy by Product Revenue
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