What is Blockchain Platforms Software Market Scope?
Blockchain platforms software is a decentralized solution to tracking, documenting, and facilitating transactions. These tools create a public ledger relying on globally distributed historical transactions to prevent tampering and fraud. Each interaction is documented in a database that relies on each previous, time-stamped transaction to verify and execute an exchange. Blockchain technology was first utilized for financial transactions but can be applied to a variety of industries such as e-commerce, supply chain management, and data integration. The increasing adoption of blockchain technology is propelling the growth of the global blockchain platforms software market in the forecast period.
The Blockchain Platforms Software market study is being classified by Type (Private, Public and Hybrid) and major geographies with country level break-up.
IBM (United States), AWS (United States), Microsoft (United States), SAP (Germany), Intel (United States), Oracle (United States), Bitfury (Netherlands), Cegeka (Netherlands), Earthport (United Kingdom), Guardtime (United States), Digital Asset Holdings (United States), Chain (United States), Huawei (China), BlockCypher (United States), Symbiont (United States), BigchainDB (Germany), Applied Blockchain (United Kingdom), RecordsKeeper (Gibraltar), BlockPoint (United States), Auxesis Group (India), BTL Group (Canada), Blockchain Foundry (United Kingdom) and AlphaPoint (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are NTT Data (Japan), Factom (United States), SpinSys (United States), ConsenSys (United States), Infosys (India), iXLedger (United Kingdom) and Stratis (United Kingdom).
Analyst at AMA have segmented the market study of Global Blockchain Platforms Software market by Type, Application and Region.
On the basis of geography, the market of Blockchain Platforms Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In February 2020, Microsoft integrated Lition blockchain into Azure so that Microsoft Azureís worldwide enterprise clients can develop, test, and deploy Lition side chains and applications with ease on its platform. and In October 2019, IBM launched a new Sterling Supply Chain Suite that allows distributors, manufacturers, and retailers to integrate their own data and networks along with suppliers into a Hyperledger-based blockchain to track and trace products and parts.
Influencing Market Trend
- High Adoption of Blockchain Solutions for Payments, Smart Contracts, and Digital Identities
- Raising Venture Capital Funding and Investments in Blockchain Technology
- Increasing Popularity of Blockchain Technology in Retail and Supply Chain Management
- Simplification of Processes along with Transparency and Immutability
- Extensive use of Blockchain Solutions in IoT, Banking, and Cybersecurity
- Increasing Demand for Real-time Data Analysis, Enhanced Visibility, and Proactive Maintenance
- Limited Availability of Technical Skillsets to Implement the Blockchain Technology
- Security, Privacy, and Control of Blockchain Transactions
Key Target AudienceBlockchain Platforms Software Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research & Media features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.