The Asia Pacific Blockchain Technology Market would witness market growth of 54.4% CAGR during the forecast period (2021-2027). Blockchain technology offers quicker, end-to-end, and safe transactions. It is because there is no third party involved in any transaction over blockchain technology, hence it is widely adopted by the cybersecurity industry across the globe.
In addition, various banking, financial services, insurance, and Internet of Things (IoT) industries have adopted blockchain technology in recent times, due to the various benefits offered by this technology. Many service providers can capitalize on this market and can further expand their consumer base. By eliminating the mediators from the transaction process, blockchain technology provides better and safer transactions and thus it is increasingly used in cybersecurity, loT, and banking sectors.
Cryptocurrencies is one of the emerging concepts in this digital world, which is majorly based on blockchain technology. These cryptocurrencies provide less transaction fees as compared to other payment methods that attract people and organizations to cross-border payments because they need more transaction fees. This aspect further supports the growth of the blockchain technology market around the world. Additionally, the decentralized nature of cryptocurrencies does not allow cross-border regulatory bodies to impose any kind of direct restrictions on these transactions. Low transaction fees and few more aspects are contributing to the market capitalization of cryptocurrencies, which further attracts venture capitalists to invest in some blockchain technology startups.
The Public market dominated the South Korea Blockchain Technology Market by Type 2020, thereby, achieving a market value of $791.1 million by 2027. The Private market is showcasing a CAGR of 57.2% during (2021 - 2027). Additionally, The Hybrid market is anticipated to witness a CAGR of 58.5% during (2021 - 2027).
Based on Type, the market is segmented into Public, Private and Hybrid. Based on Component, the market is segmented into Infrastructure & Protocols, Application & Solution and Middleware. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Media & Entertainment, Manufacturing and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Blockchain Technology Market is Projected to reach USD 72 Billion by 2027, at a CAGR of 51.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Microsoft Corporation, Hewlett Packard Enterprise Company, IBM Corporation, Circle Internet Financial Limited, Digital Asset Holdings, LLC, Global Arena Holding, Inc., The Linux Foundation, Monax Industries Limited, and Interstellar.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Component
- Infrastructure & Protocols
- Application & Solution
- Middleware
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Industry Vertical
- BFSI
- IT & Telecom
- Healthcare
- Retail & eCommerce
- Government & Defense
- Media & Entertainment
- Manufacturing
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Amazon.com, Inc.
- Microsoft Corporation
- Hewlett Packard Enterprise Company
- IBM Corporation
- Circle Internet Financial Limited
- Digital Asset Holdings, LLC
- Global Arena Holding, Inc.
- The Linux Foundation
- Monax Industries Limited
- Interstellar
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Blockchain Technology Market, by Type
1.4.2 Asia Pacific Blockchain Technology Market, by Component
1.4.3 Asia Pacific Blockchain Technology Market, by Enterprise Size
1.4.4 Asia Pacific Blockchain Technology Market, by Industry Vertical
1.4.5 Asia Pacific Blockchain Technology Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb – 2021, Mar) Leading Players
Chapter 4. Asia Pacific Blockchain Technology Market by Industry Vertical
4.1 Asia Pacific BFSI Blockchain Technology Market by Country
4.2 Asia Pacific IT & Telecom Blockchain Technology Market by Country
4.3 Asia Pacific Healthcare Blockchain Technology Market by Country
4.4 Asia Pacific Retail & eCommerce Blockchain Technology Market by Country
4.5 Asia Pacific Government & Defense Blockchain Technology Market by Country
4.6 Asia Pacific Media & Entertainment Blockchain Technology Market by Country
4.7 Asia Pacific Manufacturing Blockchain Technology Market by Country
4.8 Asia Pacific Other Industry Vertical Blockchain Technology Market by Country
Chapter 5. Asia Pacific Blockchain Technology Market by Type
5.1 Asia Pacific Blockchain Technology Public Market by Country
5.2 Asia Pacific Blockchain Technology Private Market by Country
5.3 Asia Pacific Blockchain Technology Hybrid Market by Country
Chapter 6. Asia Pacific Blockchain Technology Market by Enterprise Size
6.1 Asia Pacific Large Enterprises Blockchain Technology Market by Country
6.2 Asia Pacific Small & Medium Enterprises Blockchain Technology Market by Country
Chapter 7. Asia Pacific Blockchain Technology Market by Component
7.1 Asia Pacific Infrastructure & Protocols Blockchain Technology Market by Country
7.2 Asia Pacific Application & Solution Blockchain Technology Market by Country
7.3 Asia Pacific Middleware Blockchain Technology Market by Country
Chapter 8. Asia Pacific Blockchain Technology Market by Country
8.1 China Blockchain Technology Market
8.1.1 China Blockchain Technology Market by Industry Vertical
8.1.2 China Blockchain Technology Market by Type
8.1.3 China Blockchain Technology Market by Enterprise Size
8.1.4 China Blockchain Technology Market by Component
8.2 Japan Blockchain Technology Market
8.2.1 Japan Blockchain Technology Market by Industry Vertical
8.2.2 Japan Blockchain Technology Market by Type
8.2.3 Japan Blockchain Technology Market by Enterprise Size
8.2.4 Japan Blockchain Technology Market by Component
8.3 India Blockchain Technology Market
8.3.1 India Blockchain Technology Market by Industry Vertical
8.3.2 India Blockchain Technology Market by Type
8.3.3 India Blockchain Technology Market by Enterprise Size
8.3.4 India Blockchain Technology Market by Component
8.4 South Korea Blockchain Technology Market
8.4.1 South Korea Blockchain Technology Market by Industry Vertical
8.4.2 South Korea Blockchain Technology Market by Type
8.4.3 South Korea Blockchain Technology Market by Enterprise Size
8.4.4 South Korea Blockchain Technology Market by Component
8.5 Singapore Blockchain Technology Market
8.5.1 Singapore Blockchain Technology Market by Industry Vertical
8.5.2 Singapore Blockchain Technology Market by Type
8.5.3 Singapore Blockchain Technology Market by Enterprise Size
8.5.4 Singapore Blockchain Technology Market by Component
8.6 Malaysia Blockchain Technology Market
8.6.1 Malaysia Blockchain Technology Market by Industry Vertical
8.6.2 Malaysia Blockchain Technology Market by Type
8.6.3 Malaysia Blockchain Technology Market by Enterprise Size
8.6.4 Malaysia Blockchain Technology Market by Component
8.7 Rest of Asia Pacific Blockchain Technology Market
8.7.1 Rest of Asia Pacific Blockchain Technology Market by Industry Vertical
8.7.2 Rest of Asia Pacific Blockchain Technology Market by Type
8.7.3 Rest of Asia Pacific Blockchain Technology Market by Enterprise Size
8.7.4 Rest of Asia Pacific Blockchain Technology Market by Component
Chapter 9. Company Profiles
9.1 Amazon.com, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Product Launches and Product Expansions:
9.1.5 SWOT Analysis
9.2 Microsoft Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Hewlett Packard Enterprise Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 IBM Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional & Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 Circle Internet Financial Limited
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.2.2 Product Launches and Product Expansions:
9.6 Digital Asset Holdings, LLC
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.7 Global Arena Holding, Inc.
9.7.1 Company Overview
9.8 The Linux Foundation
9.8.1 Company Overview
9.9 Monax Industries Limited
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.9.2.2 Product Launches and Product Expansions:
9.10. Interstellar
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Blockchain Technology Market
TABLE 4 Product Launches And Product Expansions– Blockchain Technology Market
TABLE 5 Acquisition and Mergers– Blockchain Technology Market
TABLE 6 Asia Pacific Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 8 Asia Pacific BFSI Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific BFSI Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific IT & Telecom Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific IT & Telecom Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Healthcare Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Healthcare Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Retail & eCommerce Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Retail & eCommerce Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Government & Defense Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Government & Defense Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Media & Entertainment Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Media & Entertainment Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Manufacturing Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Manufacturing Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Other Industry Vertical Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Other Industry Vertical Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Blockchain Technology Public Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Blockchain Technology Public Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Blockchain Technology Private Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Blockchain Technology Private Market by Country, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Blockchain Technology Hybrid Market by Country, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Blockchain Technology Hybrid Market by Country, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Large Enterprises Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Large Enterprises Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 36 Asia Pacific Small & Medium Enterprises Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 37 Asia Pacific Small & Medium Enterprises Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 38 Asia Pacific Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 39 Asia Pacific Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 40 Asia Pacific Infrastructure & Protocols Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 41 Asia Pacific Infrastructure & Protocols Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 42 Asia Pacific Application & Solution Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 43 Asia Pacific Application & Solution Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 44 Asia Pacific Middleware Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 45 Asia Pacific Middleware Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 46 Asia Pacific Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 47 Asia Pacific Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 48 China Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 49 China Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 50 China Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 51 China Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 52 China Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 53 China Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 54 China Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 55 China Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 56 China Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 57 China Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 58 Japan Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 59 Japan Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 60 Japan Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 61 Japan Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 62 Japan Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 63 Japan Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 64 Japan Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 65 Japan Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 66 Japan Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 67 Japan Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 68 India Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 69 India Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 70 India Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 71 India Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 72 India Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 73 India Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 74 India Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 75 India Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 76 India Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 77 India Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 78 South Korea Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 79 South Korea Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 80 South Korea Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 81 South Korea Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 82 South Korea Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 83 South Korea Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 84 South Korea Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 85 South Korea Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 86 South Korea Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 87 South Korea Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 88 Singapore Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 89 Singapore Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 90 Singapore Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 91 Singapore Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 92 Singapore Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 93 Singapore Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 94 Singapore Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 95 Singapore Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 96 Singapore Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 97 Singapore Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 98 Malaysia Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 99 Malaysia Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 100 Malaysia Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 101 Malaysia Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 102 Malaysia Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 103 Malaysia Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 104 Malaysia Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 105 Malaysia Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 106 Malaysia Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 107 Malaysia Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 108 Rest of Asia Pacific Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 109 Rest of Asia Pacific Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 110 Rest of Asia Pacific Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 111 Rest of Asia Pacific Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 112 Rest of Asia Pacific Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 113 Rest of Asia Pacific Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 114 Rest of Asia Pacific Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 115 Rest of Asia Pacific Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 116 Rest of Asia Pacific Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 117 Rest of Asia Pacific Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 118 Key Information – Amazon.com, Inc.
TABLE 119 key information – Microsoft Corporation
TABLE 120 key information – Hewlett Packard Enterprise Company
TABLE 121 Key information – IBM Corporation
TABLE 122 key information – Circle Internet Financial Limited
TABLE 123 Key Information – Digital Asset Holdings, LLC
TABLE 124 Key Information – Global Arena Holding, Inc.
TABLE 125 key Information – The Linux Foundation
TABLE 126 Key Information – Monax Industries Limited
TABLE 127 key information – Interstellar
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb – 2021, Mar) Leading Players
FIG 5 Recent strategies and developments: Amazon.com, Inc.
FIG 6 SWOT analysis: Amazon.com, Inc.
FIG 7 Recent strategies and developments: Microsoft Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 Recent strategies and developments: Hewlett Packard Enterprise Company
FIG 10 SWOT analysis: Hewlett-Packard enterprise Company
FIG 11 Swot analysis: IBM Corporation
FIG 12 Recent strategies and developments: Circle Internet Financial Limited
FIG 13 Recent strategies and developments: Monax Industries Limited
FIG 14 Recent strategies and developments: Intersteller