Increasing blockchain adoption in the energy industry and rising safety concerns associated with automated grids are driving market demand.
Vancouver, British Columbia, Canada, May 7, 2022 /EINPresswire.com/- Blockchain in the energy market Current analysis by Emergen Research predicts a value of US $ 8,761.4 million by 2027. During the projected timeline, the increased adoption of blockchain in the energy industry is expected to significantly boost the global blockchain in the energy market. Increasing safety concerns associated with automated grids are expected to further drive market growth during the forecast period. In addition, the growing penetration of Internet of Things technology could soon drive market growth.
The main purpose of the report is to provide a market overview, product scope, growth prospects, and risks. The report also provides detailed information about each player in the global blockchain of the energy market, along with, among other things, its global status, financial position, product launches and business expansion plans. Market players focus on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches and R & D investments.
Download the blockchain sample report in the energy market to understand the latest key trends. https://www.emergenresearch.com/request-sample/350
The study found that threats and challenges can be a business obstacle for certain accounts. A thorough assessment of the energy market blockchain in the context of macro-environments such as social, political, economic and technological environments adds granularity to the overall study. In addition, the study will generate real-time data on key aspects such as sales, profit, gross profit, and growth prospects, showing how your business can grow significantly.
More important findings from the report suggest
In October 2020, GuideVision was acquired by Infosys Limited. Infosys reaffirms its commitment to the rising ServiceNow ecosystem by stepping up technological transformation through acquisitions, expanding Infosys Cobalt’s cloud service offerings. Infosys’ ServiceNow capabilities are enhanced by GuideVision’s training academy and offshore facilities to provide European customers with unmatched capabilities in their first hybrid cloud migration.
With higher accessibility, efficient network utilization, and distributed architecture, the public segment has the potential to hold the largest market. In addition, this category gives users access to systems backed up by incentive-based payment authentication.
The peer-to-peer transaction segment is expected to lead the market over the forecast period. Focusing on the development of RES energy, especially wind, solar and ocean, to improve the production and accessibility of alternative energies will lead to the growth of the system.
The report further explores key companies operating in the industry and their corporate profiles, product portfolios, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations and joint ventures. It also provides highlights on their performance and financial position, as well as insights into their market reach and global status.
Companies profiled on the global blockchain of the energy market:
Infosys Limited, SAP SE, Oracle Corporation, Accenture plc, WePower UAB, IBM Corporation, Microsoft Corporation, Deloitte Touche Tohmatsu Limited, LO3 Energy, Inc., BigchainDB GmbH, etc.
For more information on the Global Blockchain in the Energy Market Report, see: https://www.emergenresearch.com/industry-report/blockchain-in-energy-market
Emergen Research has segmented the global blockchain of the energy market based on type, component, application, end-use, and region.
Type outlook (Revenue, US $ 1 Million; 2017-2027)
public
private
Component Outlook (Revenue, US $ 1 Million; 2017-2027)
service
platform
Application Outlook (Revenue, US $ 1 Million; 2017-2027)
Peer-to-peer transaction
Grid transaction
Energy loan
Electric car
Sustainability attribution
others
End-use outlook (Revenue, US $ 1 Million; 2017-2027)
Oil gas
Power
A closer look at aspects that include, but are not limited to, end-user, end-use, geography, type, and application market segmentation form an integral part of the research report. In addition, a detailed analysis of key factors such as spending capacity, gross profit, business environment and profits for the 2021-2027 forecast period contains important information, carefully selected facts and logical. It is based on discussion. Importantly, reviewing recent acquisitions and mergers, collaborations, and product launch statistics will help stakeholders, field marketers, product manufacturers, and business evangelists find out how products will be positioned in the real world over the next few years. It is useful as a testimony about the product.
Major regions covered by the blockchain of the Energy Market Report:
North America
Europe
Asia Pacific
latin america
Middle East and Africa
Quick Buy — Energy Market Research Report Blockchain: https://www.emergenresearch.com/select-license/350
The main reasons to buy this report:
The report details its core segments and presents a thorough survey of the energy market blockchain. The report provides historical and future assessments of market dynamics and provides accurate data in a well-organized order.
The report assesses the most prominent market growth potential, dynamic market trends, drivers, constraints, investment opportunities, and threats.
The report includes a detailed study of industry variables, manufacturer value chains, sales volumes, market share, competitive landscapes, and effective business tactics.
The report further identifies the major regions and segments that dominate the market. These regions are projected to record fast-paced growth over the forecast period.
Thank you for reading the report. Report customization is available according to client requirements. If you have any further questions about the report, please contact us. Our team will ensure that your report is tailored to your needs.
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