Blockchain in Telecom Market is Estimated to Reach USD 1.6 Billion in 2024
Blockchain in Telecom Market is Estimated to Reach USD 1.6 Billion in 2024
The global blockchain in telecom market is estimated to reach USD 1.6 Billion in 2024 at a CAGR of 82.6%. Increasing visibility, transparency, and security, adoption of a horizontal blockchain platform, rising in the adoption of content security policy (CSP), and growing demand for digitization expected to drive the blockchain in telecom market. However, data storage limitation act as a restrain to the market during the forecast period. Increasing growth for value chain, adoption of ledge to ledger interoperability, highly adoption of 5G technology is identified as an opportunity for blockchain in telecom market.
Blockchain is a system that records various transcations which are linked to several network or the technology has the potential to grow in the market for every industry. It is use to provide faster processing of data, call data record, for transparency, portability and for security purposes.
Some key players in blockchain in telecom IBM Corporation, Amazon Web Services, Inc., Guardtime, Microsoft Corporation, SAP SE, Bitfury Group Limited., Cegeka, Clear-Com LLC., Plutus Financial, Inc. and Auxesis Services & Technologies (P) Ltd. among other.
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Blockchain in Telecom Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global blockchain in telecom market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of solution, the market is segmented into acquiring and retaining, fulfilling and delivering, billing and settling, analyzing and optimizing and plan, build, and operate. By type the blockchain in telecom market is segmented private blockchain and public blockchain. By application type the market is segmented into billing system, micropayments, identity verification, money transfers, online advertising and others
Blockchain in Telecom Market: Report Scope
The report on the blockchain in telecom market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
List of the leading companies operating in the Blockchain in Telecom Market include:
- IBM Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Amazon Web Services, Inc.
- Guardtime
- Microsoft Corporation
- SAP SE
- Bitfury Group Limited.
- Cegeka
- Clear-Com LLC.
- Plutus Financial, Inc.
- Auxesis Services & Technologies (P) Ltd.
- Other Key Companies
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Blockchain in Telecom Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Blockchain in Telecom Market, by Solution
- Acquiring and Retaining
- Fulfilling and Delivering
- Billing and Settling
- Analyzing and Optimizing
- Plan, Build, and Operate
Blockchain in Telecom Market, by Type
- Private Blockchain
- Public Blockchain
Blockchain in Telecom Market by, Application
- Billing System
- Micropayments
- Identity Verification
- Money Transfers
- Online Advertising
- Others
Blockchain in Telecom Market by Region
- Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
- North America (US, Canada, Mexico)
- Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
- Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
- South America (Brazil, Argentina, Rest of South America)
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Key Questions answered by the report
- What are the major developments impacting the Blockchain in Telecom Market and its growth?
- What will be the effects of the developments in the Blockchain in Telecom Market on the industry and on the market players in the near and far future?
- What are the evolving types of the Blockchain in Telecom Market?
- What are the evolving applications of Blockchain in Telecom Market?
- What are the major characteristics that will affect the Blockchain in Telecom Market growth during the study period?
- Who are the key players operating in the Blockchain in Telecom Market?
- How are the major players leveraging in the existing market conditions?
Table of Content
- INTRODUCTION
- RESEARCH DESIGN & SCOPE
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
- INDUSTRY TRENDS — PORTERS FIVE FORCES ANALYSIS
- BLOCKCHAIN IN TELECOM MARKET BY SOLUTION, Market Size in USD Million (2017–2024)
- BLOCKCHAIN IN TELECOM MARKET BY TYPE, Market Size in USD Million (2017–2024)
- BLOCKCHAIN IN TELECOM MARKET BY APPLICATION, Market Size in USD Million (2017–2024)
- BLOCKCHAIN IN TELECOM MARKET BY REGION, Market Size in USD Million (2017–2024)
- COMPETITIVE LANDSCAPE
- COMPANY PROFILES
- APPENDIX
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