Blockchain Technology in the Energy Sector Market Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2026

The MarketWatch News Department was not involved in the creation of this content. Nov 18, 2020 (Market Insight Reports) — Selbyville, Delaware. Blockchain Technology in the Energy Sector Market report provides key statistics on the market status of the Blockchain Technology in the Energy Sector Industry and is a valuable […]

The MarketWatch News Department was not involved in the creation of this content.

Nov 18, 2020 (Market Insight Reports) —
Selbyville, Delaware. Blockchain Technology in the Energy Sector Market report provides key statistics on the market status of the Blockchain Technology in the Energy Sector Industry and is a valuable source of guidance and direction for companies and individuals interested in the Blockchain Technology in the Energy Sector Market.

The Global Blockchain Technology in the Energy Sector Market is anticipated to reach over USD 10,287 million by 2026 growing at a CAGR of 52.9% during the forecast period according to a new study published by the marker research report.

The report “Blockchain Technology in the Energy Sector Market Share, Size, Trends, Industry Analysis Report By Type (Public, Private); By Application (Energy Trading, Grid Management, Supply Chain Management, Payment Schemes, Others); By End-User (Oil and Gas, Power, Others); By Regions, Segments & Forecast, 2018 – 2026” provides a comprehensive analysis of present market insights and future market trends.

The key players in Blockchain Technology include Accenture, Oracle Corporation, Microsoft Corporation, Deloitte, IBM Corportaion, Grid+, NOdalblock, SAP SE, Power Ledger Pty. Ltd. and Amazon Web Services, Inc.

Request Sample Copy of this report at:https://www.marketstudyreport.com/request-a-sample/1695206/?utm_source=Marketwatch.com&utm_medium=SHR

The marker research report has segmented the global blockchain technology in the energy sector market on the basis of type, application, end-user and region

Blockchain Technology in Energy Sector Type Outlook (Revenue USD Million 2015 – 2026)

Blockchain Technology in Energy Sector Application Outlook (Revenue USD Million 2015 – 2026)

  • Energy Trading

  • Grid Management

  • Supply chain Management

  • Payment Schemes

  • Others

Blockchain Technology in Energy Sector End-User Outlook (Revenue USD Million 2015 – 2026)

Blockchain Technology in Energy Sector Region Outlook (Revenue USD Million 2015 – 2026)

The key regions covered in the Bio Plasticizer Region market report are North America, Europe, China and Japan. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

The private sector has dominated the global market in terms of revenue. Asia Pacific was the leading contributor to the global market revenue in 2017. The block chain technology is a cryptographically managed distributed ledger system on offer by vendors to industries engaged in the energy sector.

The block chain technology has come to the forefront with an increasing market for alternative cryptocurrencies coming into adoption thus boosting technology in the energy sector. Cryptocurrencies are finding favorable markets owing to high transaction speeds and immutability. The support factor for growth of cryptocurrencies is the rising penetration of mobile devices, increased mobile broadband speeds and reduced costs of bandwidth.

Rising investments by vendors taking equal part in success of this technology market coupled with primary advancements in broadband technology would accelerate growth of the technology in the energy sector market during forecast period. Emerging economies in the hope of reaping rich dividends express growing interest and with technological advancements are expected to provide stellar growth opportunities in the coming years.

The way blockchain technology in energy sector works is smart contracts are set that allows prosumers to feed surplus energy into the grid through a blockchain enabled meter. The electricity flow is automatically coded into the blockchain and algorithms compare buyers with sellers in real time.

Asia Pacific generated highest revenue in market in 2017. The rising security concerns with online transactions with high transaction speeds and immutability offered by blockchain technology boosts the growth of the market. Astronomical mobile broadband speeds and reduced costs of bandwidth and computing power boost the market growth in the region. The rising adoption of Blockchain-as-a -service, increasing trend of smart payments and contracts, and advances in technology are expected to offer growth during forecast period.

Table of Contents

  1. Overview and Scope

1.1. Research goal & scope

1.2. Research assumptions

1.3. Research Methodology

1.3.1. Primary data sources

1.3.2. Secondary data sources

1.4. Key take-away

1.5. Stakeholders

  1. Executive Summary

2.1. Market Definition

2.2. Market Segmentation

  1. Blockchain Technology In The Energy Sector Insights

3.1. Blockchain technology in the energy sector – Industry snapshot

3.2. Blockchain technology in the energy sector – Ecosystem analysis

3.3. Blockchain technology in the energy sector Market Dynamics

3.3.1. Blockchain technology in the energy sector – Market Forces

3.3.1.1. Blockchain technology in the energy sector Market Driver Analysis

3.3.1.2. Blockchain technology in the energy sector Market Restraint/Challenges analysis

3.3.1.3. Blockchain technology in the energy sector Market Opportunity Analysis

3.4. Industry analysis – Porter’s five force

3.4.1. Bargaining power of supplier

3.4.2. Bargaining power of buyer

3.4.3. Threat of substitute

3.4.4. Threat of new entrant

3.4.5. Degree of competition

3.5. Blockchain technology in the energy sector Market PEST Analysis, 2016

3.6. Blockchain technology in the energy sector Market Value Chain Analysis

3.7. Blockchain technology in the energy sector Industry Trends

3.8. Competitive Ranking Analysis

  1. Blockchain Technology In The Energy Sector Market Size and Forecast, 2017-2026 by Type

4.1. Key Findings

4.2. Public

4.3. Private

  1. Blockchain Technology In The Energy Sector Market Size and Forecast, 2017-2026 by Application

5.1. Key Findings

5.2. Energy Trading

5.3. Grid Management

5.4. Supply Chain Management

5.5. Payment Schemes

5.6. Others

Full Report Summary Athttps://www.marketstudyreport.com/reports/blockchain-technology-in-the-energy-sector-market-by-type-public-private-by-application-energy-trading-grid-management-supply-chain-management-payment-schemes-others-by-end-user-oil-and-gas-power-others-by-region-market-size-forecast-2018-2026

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: [email protected]

Website: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog

This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on [email protected]

COMTEX_374633551/2599/2020-11-18T09:28:27

Is there a problem with this press release? Contact the source provider Comtex at [email protected] You can also contact MarketWatch Customer Service via our Customer Center.

The MarketWatch News Department was not involved in the creation of this content.

Source Article

Next Post

Epic Games CEO Tim Sweeney Compares Fortnite Dispute With Apple To Civil Rights Movement

Table of Contents1 Topline2 Key Facts3 Crucial Quote4 Key Background5 Tangent6 Further Reading Topline Epic Games CEO Tim Sweeney said Wednesday his company’s legal battle with Apple is an act of “civil disobedience” reminiscent of the civil rights movement, escalating the company’s rhetoric against Apple as the Fortnite-maker fights the […]

Subscribe US Now