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Blockchain in Energy Market: Study of Surging Demand and Rising Revenue

The Global Blockchain In Energy Market is estimated to reach USD 6.8 Billion in 2024 at a CAGR of 72.5%. Increasing smart infrastructure and electrical vehicles and inclination of governing authorities towards smart cities is expected to drive the blockchain in energy market during the forecast period. However, complexity of combining blockchain with existing system and high initial capital cost is expected to restrain the market during the forecast period. Growing investment in blockchain technology is expected to become an opportunity for blockchain in energy market.

Blockchain is safe, secure data ledger simultaneously used by multiple entities via distributed network. Blockchain in energy sector is collaborating blockchain technology with existing energy system. Blockchain in energy improves the efficiency of current system and delivers better outcomes. Some key players in blockchain in energy market are SAP SE, Microsoft Corporation, Accenture plc, IBM Corporation, and LO3 Energy among others.

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Blockchain in Energy Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global blockchain in energy market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks.

  1. On the basis of type, the market is segmented into public, private and consortium.
  2. By provider, the blockchain in energy market is segmented into platform and services.
  3. By application, blockchain in energy market is segmented into energy trading systems, peer-to-peer energy trading, electric vehicle charging, project financing and others.
  4. By end use industry, blockchain in energy market is segmented into power and oil & gas.

Blockchain in Energy Market: Report Scope

The report on the blockchain in energy market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire in energy dynamics are covered through the below segmentation.

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List of the leading companies operating in the Blockchain in Energy market include:

  • SAP SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Microsoft Corporation
  • Accenture Plc
  • IBM Corporation
  • LO3 Energy
  • Power Ledger Pty Ltd
  • GridPlus, Inc.
  • Drift Marketplace, Inc.
  • Electron
  • Greeneum
  • Other Key Companies

Blockchain in Energy Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Blockchain in Energy Market by Type

  • Public
  • Private
  • Consortium

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Blockchain in Energy Market by Provider

  • Platform
  • Services

Blockchain in Energy Market by Application

  • Energy Trading Systems
  • Peer-to-Peer Energy Trading
  • Electric Vehicle Charging
  • Project Financing
  • Others

Blockchain in Energy Market by End Use Industry

  • Power
  • Oil and Gas

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Blockchain in Energy Market for More Information:

Blockchain in Energy Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

  • What are the major developments impacting the global market and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key players operating in the global market?
  • How are the major players leveraging in the existing market conditions?

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About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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