Blockchain Market Size, Share, COVID-19 Impact Analysis & Trends Report 2021-2028 (PDF)

Blockchain Market Size, Share, COVID-19 Impact Analysis & Trends Report 2021-2028 (PDF)

Blockchain Market Overview

The global Blockchain market size was valued at USD 2.1 billion in 2019 and it is anticipated to reach USD 39.7 billion by 2028 as per the new market research report published by  UpGraph Research.

The definition of blockchain technology is a decentralized, distributed ledger that records the provenance of a digital asset. One major application of blockchain that is being observed is cryptocurrency. The most popular cryptocurrency being bitcoin. Many celebrities and eminent personalities have been advising people to invest in bitcoin. This has increased the value of bitcoin significantly. This also in turn is increasing the demand for blockchain technology.

Segmentation Overview

The segments of the global Blockchain market are based on component, deployment, type, industry verticals, Applications, and Region.

  • The Component segment is further classified into platform/solution and blockchain as a service. The platform/solution sub-segment is prone to show the highest growth owing to the rise in demand for ethereum, ripple, etc.,
  • The deployment segment is further segmented into the proof of concept, pilot, and production. Among these, the proof of concept sub-segment holds the highest market share.
  • The type segment is further divided into the public blockchain, private blockchain, and consortium blockchain. Among these, the private blockchain sub-segment will show the highest growth in the forecast period.
  • The Industry vehicles segment is further segmented BFSI, Energy and utilities, government, healthcare, and life sciences, manufacturing, telecom, media and entertainment, retail and consumer goods, travel and transportation, and others.
  • The Applications segment is further segmented into digital identity, payments, smart contracts, supply chain management, and others. The digital entity sub-segment will show the highest growth among the other sub-segments.

Overall growth is shown by the deployment type segment. According to this study over the next five years, the Blockchain market will project growth of 56.1% CAGR with its market size at USD 3.0 billion in 2020 and anticipated to reach USD 69.04 billion by 2028.

Global Blockchain Market Segmentation

This market report shall provide in-depth information including market estimates & forecast, trends, market growth analysis at the regional and country-level for the following key segments in the Global Blockchain  market

Segment Subsegment



●      Platform

●      Blockchain as a Service



●      Private blockchain

●      Public blockchain

●      Consortium blockchain




●      Identity,

●      Payments,

●      smart contracts,

●      supply chain management and

●      others




●      proof of concept

●       pilot

●      production





●      BFSI

●      Energy and utilities

●       government

●      healthcare and life sciences

●      manufacturing

●      telecom

●      media and entertainment

●      retail and consumer goods

●       travel and transportation

●      others











●      North America

●      The U.S.

●      Canada

●      Mexico

●      Europe

●      Germany

●      France

●      The U.K.

●      Italy

●      Spain

●      Asia-Pacific

●      Japan

●      China

●      India

●      South America

●      Brazil

●      The Middle East

●       Africa

●      UAE

●      South Africa


Key Players / Top Companies in the Global Blockchain Market

The report shall incorporate detailed company profiles of the following key players including their business overview, financial performance, product/service benchmarking, strategic initiatives:

  • IBM
  • AWS
  • Microsoft
  • SAP
  • Intel
  • Oracle
  • Bitfury
  • Cegeka
  • Earthport
  • Guardtime
  • Digital Asset Holdings
  • Chain
  • Huawei
  • BlockCypher


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