Global Block Chain Market Research Report 2023

Block chain is a technology that enables so-called “peer-to-peer” transactions. With this type of transaction, every participant in a network can transact directly with every other network participant without involving a third-party intermediary. Block chain technology can help reducing energy inequality and inefficiency and empower consumers to buy and sell energy from other consumers directly. Energy companies can leverage block chain to impact capital expenditure, security, operating costs, and risk management.

The global Block Chain market was valued at US$ 9465.4 million in 2022 and is anticipated to reach US$ 21110 million by 2029, witnessing a CAGR of 14.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key players of block chain include IBM, Amazon AWS, Accenture, Microsoft, EY, Infosys and Deloitte. Global top seven manufacturers hold a share nearly 55%. In terms of product, cloud-based the largest segment, with a share about 90%. And in terms of application, the largest application is BFSI, which has a share about 39 percent.

This report aims to provide a comprehensive presentation of the global market for Block Chain, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Block Chain.

The Block Chain market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Block Chain market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Block Chain companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Block Chain Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Cloud-based

1.2.3 On-premise

1.3 Market by Application

1.3.1 Global Block Chain Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 BFSI

1.3.3 Public Sector

1.3.4 Healthcare

1.3.5 Media, Entertainment and Gaming

1.3.6 Other

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Block Chain Market Perspective (2018-2029)

2.2 Block Chain Growth Trends by Region

2.2.1 Global Block Chain Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Block Chain Historic Market Size by Region (2018-2023)

2.2.3 Block Chain Forecasted Market Size by Region (2024-2029)

2.3 Block Chain Market Dynamics

2.3.1 Block Chain Industry Trends

2.3.2 Block Chain Market Drivers

2.3.3 Block Chain Market Challenges

2.3.4 Block Chain Market Restraints

3.1 Global Top Block Chain Players by Revenue

3.1.1 Global Top Block Chain Players by Revenue (2018-2023)

3.1.2 Global Block Chain Revenue Market Share by Players (2018-2023)

3.2 Global Block Chain Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Block Chain Revenue

3.4 Global Block Chain Market Concentration Ratio

3.4.1 Global Block Chain Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Block Chain Revenue in 2022

3.5 Block Chain Key Players Head office and Area Served

3.6 Key Players Block Chain Product Solution and Service

3.7 Date of Enter into Block Chain Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Block Chain Historic Market Size by Type (2018-2023)

4.2 Global Block Chain Forecasted Market Size by Type (2024-2029)

5.1 Global Block Chain Historic Market Size by Application (2018-2023)

5.2 Global Block Chain Forecasted Market Size by Application (2024-2029)

6.1 North America Block Chain Market Size (2018-2029)

6.2 North America Block Chain Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Block Chain Market Size by Country (2018-2023)

6.4 North America Block Chain Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Block Chain Market Size (2018-2029)

7.2 Europe Block Chain Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Block Chain Market Size by Country (2018-2023)

7.4 Europe Block Chain Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Block Chain Market Size (2018-2029)

8.2 Asia-Pacific Block Chain Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Block Chain Market Size by Region (2018-2023)

8.4 Asia-Pacific Block Chain Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Block Chain Market Size (2018-2029)

9.2 Latin America Block Chain Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Block Chain Market Size by Country (2018-2023)

9.4 Latin America Block Chain Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Block Chain Market Size (2018-2029)

10.2 Middle East & Africa Block Chain Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Block Chain Market Size by Country (2018-2023)

10.4 Middle East & Africa Block Chain Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 IBM

11.1.1 IBM Company Detail

11.1.2 IBM Business Overview

11.1.3 IBM Block Chain Introduction

11.1.4 IBM Revenue in Block Chain Business (2018-2023)

11.1.5 IBM Recent Development

11.2 Amazon AWS

11.2.1 Amazon AWS Company Detail

11.2.2 Amazon AWS Business Overview

11.2.3 Amazon AWS Block Chain Introduction

11.2.4 Amazon AWS Revenue in Block Chain Business (2018-2023)

11.2.5 Amazon AWS Recent Development

11.3 Accenture

11.3.1 Accenture Company Detail

11.3.2 Accenture Business Overview

11.3.3 Accenture Block Chain Introduction

11.3.4 Accenture Revenue in Block Chain Business (2018-2023)

11.3.5 Accenture Recent Development

11.4 SAP

11.4.1 SAP Company Detail

11.4.2 SAP Business Overview

11.4.3 SAP Block Chain Introduction

11.4.4 SAP Revenue in Block Chain Business (2018-2023)

11.4.5 SAP Recent Development

11.5 Microsoft

11.5.1 Microsoft Company Detail

11.5.2 Microsoft Business Overview

11.5.3 Microsoft Block Chain Introduction

11.5.4 Microsoft Revenue in Block Chain Business (2018-2023)

11.5.5 Microsoft Recent Development

11.6 Oracle

11.6.1 Oracle Company Detail

11.6.2 Oracle Business Overview

11.6.3 Oracle Block Chain Introduction

11.6.4 Oracle Revenue in Block Chain Business (2018-2023)

11.6.5 Oracle Recent Development

11.7 Deloitte

11.7.1 Deloitte Company Detail

11.7.2 Deloitte Business Overview

11.7.3 Deloitte Block Chain Introduction

11.7.4 Deloitte Revenue in Block Chain Business (2018-2023)

11.7.5 Deloitte Recent Development

11.8 ConsenSys

11.8.1 ConsenSys Company Detail

11.8.2 ConsenSys Business Overview

11.8.3 ConsenSys Block Chain Introduction

11.8.4 ConsenSys Revenue in Block Chain Business (2018-2023)

11.8.5 ConsenSys Recent Development

11.9 EY

11.9.1 EY Company Detail

11.9.2 EY Business Overview

11.9.3 EY Block Chain Introduction

11.9.4 EY Revenue in Block Chain Business (2018-2023)

11.9.5 EY Recent Development

11.10 Chainalysis

11.10.1 Chainalysis Company Detail

11.10.2 Chainalysis Business Overview

11.10.3 Chainalysis Block Chain Introduction

11.10.4 Chainalysis Revenue in Block Chain Business (2018-2023)

11.10.5 Chainalysis Recent Development

11.11 Infosys

11.11.1 Infosys Company Detail

11.11.2 Infosys Business Overview

11.11.3 Infosys Block Chain Introduction

11.11.4 Infosys Revenue in Block Chain Business (2018-2023)

11.11.5 Infosys Recent Development

11.12 Power Ledger

11.12.1 Power Ledger Company Detail

11.12.2 Power Ledger Business Overview

11.12.3 Power Ledger Block Chain Introduction

11.12.4 Power Ledger Revenue in Block Chain Business (2018-2023)

11.12.5 Power Ledger Recent Development

11.13 Alibaba

11.13.1 Alibaba Company Detail

11.13.2 Alibaba Business Overview

11.13.3 Alibaba Block Chain Introduction

11.13.4 Alibaba Revenue in Block Chain Business (2018-2023)

11.13.5 Alibaba Recent Development

11.14 Tecent

11.14.1 Tecent Company Detail

11.14.2 Tecent Business Overview

11.14.3 Tecent Block Chain Introduction

11.14.4 Tecent Revenue in Block Chain Business (2018-2023)

11.14.5 Tecent Recent Development

11.15 Huawei

11.15.1 Huawei Company Detail

11.15.2 Huawei Business Overview

11.15.3 Huawei Block Chain Introduction

11.15.4 Huawei Revenue in Block Chain Business (2018-2023)

11.15.5 Huawei Recent Development

11.16 Baidu

11.16.1 Baidu Company Detail

11.16.2 Baidu Business Overview

11.16.3 Baidu Block Chain Introduction

11.16.4 Baidu Revenue in Block Chain Business (2018-2023)

11.16.5 Baidu Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Block Chain Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Cloud-based

    Table 3. Key Players of On-premise

    Table 4. Global Block Chain Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 5. Global Block Chain Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Block Chain Market Size by Region (2018-2023) & (US$ Million)

    Table 7. Global Block Chain Market Share by Region (2018-2023)

    Table 8. Global Block Chain Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 9. Global Block Chain Market Share by Region (2024-2029)

    Table 10. Block Chain Market Trends

    Table 11. Block Chain Market Drivers

    Table 12. Block Chain Market Challenges

    Table 13. Block Chain Market Restraints

    Table 14. Global Block Chain Revenue by Players (2018-2023) & (US$ Million)

    Table 15. Global Block Chain Market Share by Players (2018-2023)

    Table 16. Global Top Block Chain Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Block Chain as of 2022)

    Table 17. Ranking of Global Top Block Chain Companies by Revenue (US$ Million) in 2022

    Table 18. Global 5 Largest Players Market Share by Block Chain Revenue (CR5 and HHI) & (2018-2023)

    Table 19. Key Players Headquarters and Area Served

    Table 20. Key Players Block Chain Product Solution and Service

    Table 21. Date of Enter into Block Chain Market

    Table 22. Mergers & Acquisitions, Expansion Plans

    Table 23. Global Block Chain Market Size by Type (2018-2023) & (US$ Million)

    Table 24. Global Block Chain Revenue Market Share by Type (2018-2023)

    Table 25. Global Block Chain Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 26. Global Block Chain Revenue Market Share by Type (2024-2029)

    Table 27. Global Block Chain Market Size by Application (2018-2023) & (US$ Million)

    Table 28. Global Block Chain Revenue Market Share by Application (2018-2023)

    Table 29. Global Block Chain Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 30. Global Block Chain Revenue Market Share by Application (2024-2029)

    Table 31. North America Block Chain Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 32. North America Block Chain Market Size by Country (2018-2023) & (US$ Million)

    Table 33. North America Block Chain Market Size by Country (2024-2029) & (US$ Million)

    Table 34. Europe Block Chain Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. Europe Block Chain Market Size by Country (2018-2023) & (US$ Million)

    Table 36. Europe Block Chain Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Asia-Pacific Block Chain Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Asia-Pacific Block Chain Market Size by Region (2018-2023) & (US$ Million)

    Table 39. Asia-Pacific Block Chain Market Size by Region (2024-2029) & (US$ Million)

    Table 40. Latin America Block Chain Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Latin America Block Chain Market Size by Country (2018-2023) & (US$ Million)

    Table 42. Latin America Block Chain Market Size by Country (2024-2029) & (US$ Million)

    Table 43. Middle East & Africa Block Chain Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Middle East & Africa Block Chain Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Middle East & Africa Block Chain Market Size by Country (2024-2029) & (US$ Million)

    Table 46. IBM Company Detail

    Table 47. IBM Business Overview

    Table 48. IBM Block Chain Product

    Table 49. IBM Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 50. IBM Recent Development

    Table 51. Amazon AWS Company Detail

    Table 52. Amazon AWS Business Overview

    Table 53. Amazon AWS Block Chain Product

    Table 54. Amazon AWS Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 55. Amazon AWS Recent Development

    Table 56. Accenture Company Detail

    Table 57. Accenture Business Overview

    Table 58. Accenture Block Chain Product

    Table 59. Accenture Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 60. Accenture Recent Development

    Table 61. SAP Company Detail

    Table 62. SAP Business Overview

    Table 63. SAP Block Chain Product

    Table 64. SAP Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 65. SAP Recent Development

    Table 66. Microsoft Company Detail

    Table 67. Microsoft Business Overview

    Table 68. Microsoft Block Chain Product

    Table 69. Microsoft Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 70. Microsoft Recent Development

    Table 71. Oracle Company Detail

    Table 72. Oracle Business Overview

    Table 73. Oracle Block Chain Product

    Table 74. Oracle Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 75. Oracle Recent Development

    Table 76. Deloitte Company Detail

    Table 77. Deloitte Business Overview

    Table 78. Deloitte Block Chain Product

    Table 79. Deloitte Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 80. Deloitte Recent Development

    Table 81. ConsenSys Company Detail

    Table 82. ConsenSys Business Overview

    Table 83. ConsenSys Block Chain Product

    Table 84. ConsenSys Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 85. ConsenSys Recent Development

    Table 86. EY Company Detail

    Table 87. EY Business Overview

    Table 88. EY Block Chain Product

    Table 89. EY Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 90. EY Recent Development

    Table 91. Chainalysis Company Detail

    Table 92. Chainalysis Business Overview

    Table 93. Chainalysis Block Chain Product

    Table 94. Chainalysis Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 95. Chainalysis Recent Development

    Table 96. Infosys Company Detail

    Table 97. Infosys Business Overview

    Table 98. Infosys Block Chain Product

    Table 99. Infosys Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 100. Infosys Recent Development

    Table 101. Power Ledger Company Detail

    Table 102. Power Ledger Business Overview

    Table 103. Power Ledger Block Chain Product

    Table 104. Power Ledger Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 105. Power Ledger Recent Development

    Table 106. Alibaba Company Detail

    Table 107. Alibaba Business Overview

    Table 108. Alibaba Block Chain Product

    Table 109. Alibaba Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 110. Alibaba Recent Development

    Table 111. Tecent Company Detail

    Table 112. Tecent Business Overview

    Table 113. Tecent Block Chain Product

    Table 114. Tecent Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 115. Tecent Recent Development

    Table 116. Huawei Company Detail

    Table 117. Huawei Business Overview

    Table 118. Huawei Block Chain Product

    Table 119. Huawei Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 120. Huawei Recent Development

    Table 121. Baidu Company Detail

    Table 122. Baidu Business Overview

    Table 123. Baidu Block Chain Product

    Table 124. Baidu Revenue in Block Chain Business (2018-2023) & (US$ Million)

    Table 125. Baidu Recent Development

    Table 126. Research Programs/Design for This Report

    Table 127. Key Data Information from Secondary Sources

    Table 128. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Block Chain Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Block Chain Market Share by Type: 2022 VS 2029

    Figure 3. Cloud-based Features

    Figure 4. On-premise Features

    Figure 5. Global Block Chain Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 6. Global Block Chain Market Share by Application: 2022 VS 2029

    Figure 7. BFSI Case Studies

    Figure 8. Public Sector Case Studies

    Figure 9. Healthcare Case Studies

    Figure 10. Media, Entertainment and Gaming Case Studies

    Figure 11. Other Case Studies

    Figure 12. Block Chain Report Years Considered

    Figure 13. Global Block Chain Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 14. Global Block Chain Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 15. Global Block Chain Market Share by Region: 2022 VS 2029

    Figure 16. Global Block Chain Market Share by Players in 2022

    Figure 17. Global Top Block Chain Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Block Chain as of 2022)

    Figure 18. The Top 10 and 5 Players Market Share by Block Chain Revenue in 2022

    Figure 19. North America Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 20. North America Block Chain Market Share by Country (2018-2029)

    Figure 21. United States Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. Canada Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Europe Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe Block Chain Market Share by Country (2018-2029)

    Figure 25. Germany Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. France Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. U.K. Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Italy Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Russia Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Nordic Countries Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Asia-Pacific Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific Block Chain Market Share by Region (2018-2029)

    Figure 33. China Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Japan Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. South Korea Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Southeast Asia Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. India Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Australia Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Latin America Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America Block Chain Market Share by Country (2018-2029)

    Figure 41. Mexico Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Brazil Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Middle East & Africa Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa Block Chain Market Share by Country (2018-2029)

    Figure 45. Turkey Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Saudi Arabia Block Chain Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. IBM Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 48. Amazon AWS Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 49. Accenture Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 50. SAP Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 51. Microsoft Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 52. Oracle Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 53. Deloitte Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 54. ConsenSys Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 55. EY Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 56. Chainalysis Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 57. Infosys Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 58. Power Ledger Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 59. Alibaba Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 60. Tecent Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 61. Huawei Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 62. Baidu Revenue Growth Rate in Block Chain Business (2018-2023)

    Figure 63. Bottom-up and Top-down Approaches for This Report

    Figure 64. Data Triangulation

    Figure 65. Key Executives Interviewed