Blockchain is currently one of the most talked-about technologies. Across industries, organizations are exploring blockchain’s potential impact in their space and how they can benefit from this emerging technology. The communications service provider (CSP) industry is no exception.
The modularity provided by smart contracts enables various aspects of CSPs’ operations to be streamlined, including billing, roaming, wholesale, NFV management and supply chain management. In the context of roaming, blockchain’s benefits include faster identification of visiting subscribers, prevention of fraudulent traffic and claims reduction. In addition, the elimination of clearing houses could lead to significant cost reduction.

Market Analysis and Insights: Global Blockchain in Telecom Market
The global Blockchain in Telecom market size is projected to reach US$ 2220.8 million by 2026, from US$ 1900.6 million in 2020, at a CAGR of 16.0%% during 2021-2026.

Global Blockchain in Telecom Scope and Market Size
Blockchain in Telecom market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Blockchain in Telecom 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 2015-2026.

The key players covered in this study

AWS
Guardtime
IBM
Microsoft
SAP
Blocko
Oracle
Filament

Market segment by Type, the product can be split into

OSS/BSS Processes
Identity Management
Payments
Smart Contracts
Connectivity Provisioning
Others

Market segment by Application, split into

Small and Medium-Sized Enterprises
Large Enterprises

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India