Industry Background:
Block-chain Enterprise Survey is gaining traction and its deployment is becoming mainstream. As block-chain technology is moving beyond proof of concept, commercial traffics by enterprises on block chain platform has gone up. Owing to potential benefits, block-chain enables visibility in the absence of trust.This growth is primarily driven by Rising Awareness About Potential Benefits of Block-chain Across Industries and Enhanced Security.
Globally, a noticeable market trend is evident Rising Deployment in Big Companies
. Major Players, such as Accenture [Ireland], Deloitte [United Kingdom], FCA (Financial Conduct Authority) [United Kingdom], IBM [United States], KPMG [Netherlands], Microsoft [United States] and PwC. [United Kingdom] etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
Different countries have different rules regarding block-chain implementation. United States’ Wyoming’s Business Corporation Act allows companies to register in Wyoming to use block-chain or other electric networks to store corporate documents. As per the latest amendment, block-chain can be used to identify shareholders in the corporation’s current record of shareholders by a data address, provided that the company can revert to a written record within a reasonable period of time.
Market Drivers
- Rising Awareness About Potential Benefits of Block-chain Across Industries
- Enhanced Security
Market Trend
- Rising Deployment in Big Companies
- Integration of Financial Transaction and Operational Execution
Restraints
- Low Adoption Rate in Small and Medium Enterprises
- Fears Around Interoperability Among Various Block-chain Solutions
Opportunities
Growing Awareness About Block-China Technology in Emerging Countries and Collaboration Among Governance and Stakeholders in Decentralized Structures
Challenges
Threat of Disruption in Internal and External System and Lack of Trust Over Data Security
AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization of the Report:
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.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase