New York, NY -- (SBWIRE) -- 05/16/2019 -- The latest research report on Blockchain In Energy Market
The global blockchain in the energy market was valued at USD 279.89 million in 2018 and is expected to reach USD 25,909 million by 2026 growing at a CAGR of 76.12 % during the forecast period, 2019–2026.
Global Blockchain In Energy Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Blockchain In Energy industry.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Blockchain In Energy industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
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Blockchain technology is used for distribution of power, as it can revolutionize the power grid by improving its performance and transforming it into a smart power grid. Moreover, blockchain helps companies to track down failure in power grid and get daily updates which help in timely detection of problems. Adding to this, block-chain in energy helps in repairing process faster and notifies authorities about the required tools and devices for repairing the power grid. Moreover, its ability to control losses which enterprises may suffer in case of working failure may increase its rate of adoption in energy and power sectors during the assessment period.
Some of key players in the global blockchain in the energy market are Microsoft (US), Accenture (Ireland), IBM (US), Infosys (India), SAP (Germany), Accenture (Dublin), Electron (Ukraine), Btl Group Ltd. (Canada), and Kaleido (USA).
The Blockchain In Energy Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Blockchain In Energy industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Blockchain In Energy market since the past few years.
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By Type, Private, Public
By Component, Platform, Service
By Application, Energy Trading, Grid Management, Payment Schemes, Supply Chain Management
By End User, Power, Oil and Gas
The competitive landscape:
The competitive landscape of the Blockchain In Energy market is a highly crucial section of the report that creates a firm portrait of the market's key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Why purchase this report?
Historical inferences, findings & analysis of the Blockchain In Energy market from 2016 to 2018
Projections and performance forecast analysis for the future from 2019 to 2026
Production and consumption point of view (POV) analysis
Blockchain In Energy Market drivers, restraint and opportunity analysis, to define Blockchain In Energy market dynamics covering industry, regulatory, innovation, technological & pricing trends
Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Blockchain In Energy market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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