Blockchain in telecom is a software that contains a database for verifying transactions through online and telecom industry act as a service provider from hardware to virtual software. Global blockchain in telecom market size was valued at $27.8 million in 2017 and is estimated to reach $3,716.48 million by 2025 with the CAGR of 84.4% during 2019-2025. Blockchain in telecom market is enhancing the growth due to increase in support for OSS/BSS support and growth in security concerns among telecoms. However, rising concerns on the authenticity of users, lack of awareness on common standards & blockchain technology, uncertainty related to regulatory status and lack of understanding on technical knowledge are hampering the market growth. Whereas, future opportunities include the application of blockchain technology in IoT spaces, 5G technology and fraud management will drive the market growth over the forecast period.
Research Study Objectives:
- Define, estimate, and forecast the blockchain in telecom market statistics by Provider, enterprises size, application (Segments) and regions concerning the individual growth drivers, market trends and their contribution toward the blockchain in telecom market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the blockchain in telecom market analysis
- Analysis and conclusions on the future blockchain in telecom market outlook.
Top-down and bottom-up approaches are used to validate the blockchain in telecom market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases
including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The blockchain in telecom market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Blockchain in Telecom market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report. The application segment includes payments, smart contracts and others is fastest growing and expected to grow at the highest CAGR over the forecast period.
The scope of the Report
The blockchain in telecom market segmentation is as follows:
By Providers:
- Application Provider
- Middleware Provider
- Infrastructure Provider
By Enterprise Size
- Small and Medium Sized Enterprises
- Large Enterprises
By Application
- OSS/BSS Processes
- Identity Management
- Payments
- Smart Contracts
- Connectivity Provisioning
- Others
Geographical Analysis:
Blockchain in Telecom Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South
Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the blockchain in telecom market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Blockchain in Telecom Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Blockchain in Telecom market players, such as
- Oracle Corporation
- Huawei Technologies Co. Ltd
- SAP SE
- Microsoft Corporation
- Amazon Web Service, Inc.
Along with these companies, many other companies are considered in the report while analysing the global blockchain in telecom competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
