Latest research report on “Blockchain Technology in Energy Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Blockchain 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.
Blockchain technology can help reducing energy inequality and inefficiency and empower consumers to buy and sell energy from other consumers directly. Energy companies can leverage blockchain to impact capital expenditure, security, operating costs, and risk management.
In the energy industry, blockchain applications are growing increasingly common. The blockchain ledger is being used to reduce transaction costs, pinpoint origins of energy, and increase the efficiency of exchanges.
This report contains market size and forecasts of Blockchain Technology in Energy in Global, including the following market information:
Global Blockchain Technology in Energy Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Blockchain Technology in Energy market was valued at 523.7 million in 2021 and is projected to reach US$ 3839.4 million by 2028, at a CAGR of 32.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Trading Platform Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Blockchain Technology in Energy include IBM, Microsoft, Accenture, ConsenSys, Infosys, Drift, Electron, LO3 Energy and Power Ledger, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Blockchain Technology in Energy companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Blockchain Technology in Energy Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Blockchain Technology in Energy Market Segment Percentages, by Type, 2021 (%)
– Trading Platform
– Grid Management
Global Blockchain Technology in Energy Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Blockchain Technology in Energy Market Segment Percentages, by Application, 2021 (%)
– Electric Power
– Oil and Gas
– Renewable Energy
Global Blockchain Technology in Energy Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Blockchain Technology in Energy Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Blockchain Technology in Energy revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Blockchain Technology in Energy revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– LO3 Energy
– Power Ledger
– Yuanguang Software
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