Global Blockchain Technology in Energy Market - Growth Drivers, Opportunities and Forecast Analysis to 2026
Summary -
A new market
study, titled “Global Blockchain Technology in Energy Market - Growth Drivers,
Opportunities and Forecast Analysis to 2026” has been featured on WiseGuyReports.
Blockchain is a technology that enables so-called “peer-to-peer”
transactions. With this type of transaction, every participant in a network can
transact directly with every other network participant without involving a
third-party intermediary.
Blockchain technology can help reducing energy inequality and
inefficiency and empower consumers to buy and sell energy from other consumers
directly. Energy companies can leverage blockchain to impact capital
expenditure, security, operating costs, and risk management.
In the energy industry, blockchain applications are growing increasingly
common. The blockchain ledger is being used to reduce transaction costs,
pinpoint origins of energy, and increase the efficiency of exchanges.
Scope of the Report:
Blockchain Technology in Energy are mainly classified into the following
types: Public Blockchain, Private Blockchain. Private Blockchain is the most widely
used type which takes up about 71 % of the total in 2018 in Global
Europe is the largest countries of Blockchain Technology in Energy in the
world in the past few years and it will keep increasing in the next few years.
Europe market took up about 35% the global market in 2018, while United States
and China were about 34%, 16%.
The global Blockchain Technology in Energy market is valued at 509.3
million USD in 2018 and is expected to reach 2487.2 million USD by the end of
2024, growing at a CAGR of 37.3% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years,
especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important
role which cannot be ignored. Any changes from United States might affect the
development trend of Blockchain Technology in Energy.
Europe also play important roles in global market, with market size of xx
million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Blockchain Technology in Energy market status and
outlook of Global and major regions, from angles of players, countries, product
types and end industries; this report analyzes the top players in global
market, and splits the Blockchain Technology in Energy market by product type
and applications/end industries.
Market Segment by Companies, this report covers
IBM
Microsoft
Accenture
ConsenSys
Infosys
Drift
Electron
Btl Group Ltd.
LO3 Energy Inc
Power Ledger
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South
Africa)
Market Segment by Type, covers
Public Blockchain
Private Blockchain
Market Segment by Applications, can be divided into
Electric Power
Petroleum
Natural Gas
Others
FOR MORE DETAILS https://www.wiseguyreports.com/reports/4190996-global-blockchain-technology-in-energy-market-2019-by
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