New York, NY, October 25, 2021 (GLOBE NEWSWIRE) – Facts and Factors launched a new research report entitled “Blockchain IoT Market by Supply (Infrastructure Vendors, Software and Hardware), by Application (Data Security, Asset Tracking) “Publishes and management, data communication / sharing, smart contracts and others), by end user (healthcare, smart city, manufacturing, transportation and logistics, energy and utilities, retail, facility management, wearable and mobile devices and others) and by region: More global Industry outlook, market size, business intelligence, consumer preferences, statistical surveys, comprehensive analyzes, historical developments, current trends and forecasts, 2020-2026 ”in its research database

“According to the report, the global blockchain IoT market was nearly $ 269.2 million in 2020. The market is expected to grow at around 47.5% CAGR and is expected to reach $ 2,540.5 million by 2026. “

Global Blockchain IoT Market: Overview

Blockchain IoT is an emerging field that is used to secure the confidential data of industries. This new technology does not allow access to data from third-party sources. The increasing penetration of blockchain and IoT in various companies and industries is attributed to the generation and secure storage of huge amounts of sensitive data, which is likely to escalate the global growth of the blockchain IoT market at an excellent rate. Additionally, highly supportive regulations and guidelines from governments in favor of blockchain and IoT technology are likely to create multiple business opportunities for the industries operating in the blockchain IoT market.

The Global Blockchain IoT Market report analyzes and notifies the industry statistics on a global as well as regional and country level for the comprehensive view of the entire global Blockchain IoT Market. The historical and past findings are provided for the fiscal years 2016 to 2019, while the forecast trends are provided for the fiscal years 2020 to 2026. The quantitative and numerical data are presented in the form of values ​​(in USD million) from 2016 to 2026.

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  • [185+ Pages Report] with list of tables and figures
  • COVID-19 pre and post business impact analysis
  • Profiles of the top market participants with sales and revenue analysis
  • Regional analysis with charts and graphs
  • Easy to understand graphical data
  • Key segments, industry drivers, challenges and opportunities in the global and regional market
  • Research methodology

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Important market participants in the industry

  • Amazon.com Inc.
  • IBM Corporation
  • Filament
  • Cisco systems
  • Microsoft Corporation
  • Ethereum Foundation
  • R3
  • Intel Corporation
  • KrypC
  • The Linux Foundation

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Key questions answered in this report:

  • What is the forecast size and share of the Blockchain IoT market?
  • What are the key factors for blockchain IoT market growth?
  • Who are the top players in the blockchain IoT market?
  • How many segments are analyzed in the blockchain IoT market?
  • Can I Get a Customized Free Sample Report on the Blockchain IoT Market?

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Global Blockchain IoT Market: Growth Drivers

  • As a result of the offering, the hardware segment in the global blockchain IoT market will experience significant growth in 2020-2026

With its technology protocol, blockchain enables secure data exchange within a specific network of several parties. The process of sharing data does not involve any intermediate products. The network participants communicate with encrypted identities and peer-to-peer connections. Each data transaction is added to the immutable list of transactions and the data is accessible to all participants within the network. With strong IoT support, blockchain hardware transfers data from a secure source to the cloud network. Therefore, the importance of hardware for secure data transactions is blossoming in the global blockchain IoT market.

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Global Blockchain IoT Market: Report Scope

Report attribute details
Market size 2020 value $ 269.2 million
Market forecast for 2026 $ 2,540.5 million
Expected CAGR growth CAGR 47.5% from 2021-2026
Base year 2020
Forecast year 2021-2026
Top market participants Amazon.com Inc., IBM Corporation, Filament, Cisco Systems, Microsoft Corporation, Ethereum Foundation, R3 and others
Covered segments Offers, applications, end users and region
Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa
Pricing options Request customized purchase options to meet your research needs. Explore purchase options

Global Blockchain IoT Market: Segmentation

Blockchain IoT is an emerging field that is used to secure the confidential data of industries. This new technology does not allow access to data from third-party sources. The increasing penetration of blockchain and IoT in various companies and industries is attributed to the generation and secure storage of huge amounts of sensitive data, which is likely to escalate the global growth of the blockchain IoT market at an excellent rate. Additionally, highly supportive regulations and guidelines from governments in favor of blockchain and IoT technology are likely to create multiple business opportunities for the industries operating in the blockchain IoT market.

Global Blockchain IoT market research report provides an acute assessment and taxonomy of the global Blockchain IoT industry by practically segmenting the market based on various offerings, applications, end-users, and regions. By analyzing the historical and forecast trends, all segments and sub-segments were assessed according to the bottom-up approach and different market sizes were forecast for the fiscal years 2020 to 2026.

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Global Blockchain IoT Market: Regional Analysis

North America is expected to dominate the global blockchain IoT market during the study period

In 2020, North America held the largest share of the global blockchain IoT market as the region is a major user of blockchain technology. In North America, the US captured most of the regional blockchain IoT market. The key factors behind the dominance of the North American Blockchain IoT market over the forecast period are that the region is rapidly adopting the latest and most innovative technologies compared to other regions and that most of the major Blockchain IoT-based industries are located in North America.

This report segments the Global Blockchain IoT Market as follows:

Global Blockchain IoT Market: Offer Segmentation Analysis

  • Infrastructure provider
  • software
  • hardware

Global Blockchain IoT Market: Application Segmentation Analysis

  • Data security
  • Asset tracking and management
  • Data communication / release
  • Smart contracts
  • Other (workforce management and real-time workforce tracking)

Global Blockchain IoT Market: End User Segmentation Analysis

  • Health care
  • Smart city
  • Manufacturing
  • Transport and logistics
  • Energy and utility
  • retail trade
  • Building management
  • Portable and mobile devices
  • Others (mining, construction, agriculture, food, real estate, and pharmaceuticals)

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