Global Blockchain Distributed Ledger Market Size, Status and Forecast 2020-2026

Blockchain distributed ledger is a medium of exchange formed and stored electronically, using encryption methods to regulate the creation of financial units and to verify the transfer of funds. All the blockchain ledgers are created by private individuals, organizations, or firms. The blockchain distributed ledger market has evolved intermittently and at a significant rate during the past few years. The majority of blockchain distributed ledger market is currently focused on cryptocurrencies rather than a more diverse range of applications.
Blockchain data is complete, consistent, timely, accurate, and widely available. Moreover, a third-party cannot interrupt transactions of cryptocurrencies, and thus there is no feasible way to implement a blockchain distributed ledger taxation system. Therefore, the global blockchain distributed ledger market is expected to witness moderate growth in the near future, owing to less transaction cost and reduced chance of thefts. However, limited acceptance and risk of unknown technical flaws are projected to hamper the market growth. Insignificant effect of inflation of blockchain distributed ledger is expected to provide lucrative opportunities to the market.

Market Analysis and Insights: Global Blockchain Distributed Ledger Market
The global Blockchain Distributed Ledger market size is projected to reach US$ 794.7 million by 2026, from US$ 591.8 million in 2020, at a CAGR of 32.7%% during 2021-2026.

Global Blockchain Distributed Ledger Scope and Market Size
Blockchain Distributed Ledger market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Blockchain Distributed Ledger 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

Chain
IBM
Accenture
Eris Industries
Intel
Deloitte
Blockchain Tech
Microsoft Corporation
Digital Asset Holdings
Earthport

Market segment by Type, the product can be split into

Private Blockchain
Public Blockchain

Market segment by Application, split into

Government
BFSI
Automotive
Retail & e-Commerce
Media & Entertainment
Others

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America