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.
- On the basis of type, the market is segmented into public, private and consortium.
- By provider, the blockchain in energy market is segmented into platform and services.
- By application, blockchain in energy market is segmented into energy trading systems, peer-to-peer energy trading, electric vehicle charging, project financing and others.
- 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.
- 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
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Blockchain in Energy Market by Provider
Blockchain in Energy Market by Application
- Energy Trading Systems
- Peer-to-Peer Energy Trading
- Electric Vehicle Charging
- Project Financing
Blockchain in Energy Market by End Use Industry
- Oil and Gas
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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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