The Global Blockchain IoT Report from Global Insight Services is the single authoritative source for information on the Blockchain IoT market. This report provides an analysis of the market impact of the latest market turmoil such as the war between Russia and Ukraine and Covid-19. Provides qualitative analysis of the market. The report includes detailed segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.
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The Internet of Things (IoT) is a system of physical objects, devices, and sensors that are connected to the Internet and capable of collecting and exchanging data. Blockchain is a distributed database that enables secure, transparent and tamper-proof transactions.
main trends
There are some important trends in blockchain IoT technology worth mentioning. First, technology is becoming more decentralized, allowing for safer and more efficient transactions. Second, the use of smarthi contracts is increasing because it provides a way to automate transactions and reduce the need for third-party intermediaries. Finally, more and more companies are beginning to experiment with blockchain-based applications. This could revolutionize the way we interact with the Internet of Things.
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market segmentation
The blockchain IoT market is segmented by component, application, vertical, and region. By component, the market is segmented into hardware, software, platforms, and services. By application, the market is segmented into smart contracts, security, asset tracking, and management. By vertical, the market is divided into energy and utilities, transportation and logistics, manufacturing, building management, and others. By region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world.
main player
Major players in the blockchain IoT market are The Linux Foundation, KrypC, Microsoft, Amazon, Ethereum Foundation, Cisco Systems, IoTEX, IBM, Intel, and R3.
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main factor
The main drivers of the blockchain IoT market are the need for secure data sharing, the need for tamper-proof data, and the need for real-time data sharing.
The growing need for secure data sharing is due to the fact that IoT devices often collect sensitive data. This data must be protected from tampering and unauthorized access. Blockchain provides a secure way to share data across networks of devices.
The need for tamper-proof data is driven by the fact that IoT devices often collect data that must be verifiable. Blockchain provides a way to ensure that data has not been tampered with.
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This release was published in openPR.
