OMR recently published a new report titled “Blockchain in Energy Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast – 2019-2025? to its portfolio. This latest industry research study analyzes the blockchain in energy market by different segments, companies, and regions.
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Blockchain in energy market is growing significantly owing to the demand for energy-efficient solution and minimizing transaction cost. The global blockchain energy market is expected to reach a significant market size by 2025. Most of the companies are tying with the blockchain startups to start the blockchain operations on energy, grid management and supply chain. According to OMR analysis, North America contributed significantly to the global blockchain energy market in 2019. The presence of major blockchain software and service providers in North America is driving the growth of the market. Few market players include LO3 Energy Inc., US IBM Corp, Power Leger Pvt. Ltd. and so on. The market is driven by merger and acquisition, partnership, collaboration and product launch. For instance, in February 2018, an agreement was signed between Power Ledger Pvt. Ltd. and Clean Energy Blockchain Network (CERN) regarding renewable energy through blockchain technology.
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Blockchain in Energy Market Target Audience:
- Market Players
- Raw Material Suppliers and Distributors
- Industrial Research Consultants
- Government & Regional Agencies and Other Regulatory Bodies
- Technology Investors
- Original Equipment Manufacturers (OEMs)
- Research Institutes and Organizations
Blockchain in energy market research report includes the in-depth analysis of each segment from 2018 to 2025 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment is determined for the forecast period (2019-2025).
Historical & Forecast Period
- 2017 – Historical Year for Blockchain in Energy Market
- 2018 – Base Year for Blockchain in Energy Market
- 2019-2025 – Forecast Period for Blockchain in Energy Market
The report titled “Blockchain in Energy Market” offers an overview of the blockchain in energy industry covering market definitions, product classifications, and key vendors in the industry chain structure. The quantitative and qualitative analysis is provided for the global blockchain in energy market considering competitive landscape, current market trends, and key driving factors prevailing in the blockchain in energy industry.
Market Segmentation
Global Blockchain in Energy Market by Deployment
- Public
- Private
Global Blockchain in Energy Market by Application
- Grid Management
- Energy Trading
- Supply Chain Management
- Others (Government Risk and Compliance Management)
Global Blockchain in Energy Market by End-User
- Power Secto
- Oil & Gas
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
