Global Blockchain Technology in Energy Market Size, Status and Forecast 2021-2027

SKU ID : QYR-17720279 | Publishing Date : 18-Mar-2021 | No. of pages : 106

Blockchain is a technology that enables so-called “peer-to-peer” transactions. With this type of transaction, every participant in a network can transact directly with every other network participant without involving a third-party intermediary.

Blockchain technology can help reducing energy inequality and inefficiency and empower consumers to buy and sell energy from other consumers directly. Energy companies can leverage blockchain to impact capital expenditure, security, operating costs, and risk management.

In the energy industry, blockchain applications are growing increasingly common. The blockchain ledger is being used to reduce transaction costs, pinpoint origins of energy, and increase the efficiency of exchanges.
Blockchain Technology in Energy are mainly classified into the following types: Public Blockchain, Private Blockchain. Private Blockchain is the most widely used type which takes up about 71 % of the total in 2018 in Global

In 2021, the global Blockchain Technology in Energy market size will be US$ 1942.6 million and it is expected to reach US$ 14010 million by the end of 2027, with a CAGR of 39.0% during 2021-2027.
This report focuses on the global Blockchain Technology in Energy status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Blockchain Technology in Energy development in North America, Europe, Japan, China, Southeast Asia, India, etc.

Global Blockchain Technology in Energy Scope and Market Size
Blockchain Technology in Energy market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Blockchain Technology in Energy market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Public Blockchain
Private Blockchain

Segment by Application
Electric Power
Petroleum
Natural Gas
Others

By Region
North America
Europe
Japan
China
Southeast Asia
India

By Company
IBM
Microsoft
Accenture
ConsenSys
Infosys
Drift
Electron
Btl Group Ltd.
LO3 Energy Inc
Power Ledger

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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