The North America Blockchain Technology Market would witness market growth of 49.8% CAGR during the forecast period (2021-2027). The data in blockchain technology is decentralized that further eliminates the requirement of mediators to verify every transaction. By eliminating the interference of intermediaries, it decreases the magnitude of the cost needed for data authentication and third-party verification. The control is disseminated among the parties included in the transactions that make it fast.
Moreover, by adopting blockchain technology, it becomes possible to considerably reduces the infrastructure cost involved because of intermediaries, thus accelerating the transactions. Due to this, blockchain technology has gained traction among numerous sectors that include nonfinancial industries. Hence, minimizing the time for transactions is anticipated to propel the growth of the market during the forecast period.
Online payments by using blockchain technology are safer because there is no mediator and the data involved in this is decentralized. All the transition is wholly automated from the start till the end and needs no documentation, thus decreasing the errors that can arise by duplication. Furthermore, the accessibility of real-time monitoring of all the transactions prevents the fraud raised by errors at the time of online payment. It further allowed online transactions which have large-scale payment. Thus, such determinates are estimated to spur the growth of the blockchain technology market in the future years.
At present, the blockchain technology market is witnessing a surge due to the rising demand for digital payment systems across the world. There are multiple parties like retail banks, merchant banks, payment software companies, and card issuers, involved in digital payment to process transactions that further create demand for the blockchain technology for safer transactions. In addition, the dependency of customers on the trusted organizations to fulfil their daily digital transactions is also boosting the demand for blockchain technology.
The US market dominated the North America Healthcare Blockchain Technology Market by Country 2020, thereby, achieving a market value of $1,997.3 million by 2027. The Canada market is experiencing a CAGR of 54.1% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 52.8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Blockchain Technology Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Blockchain Technology Market, by Type
1.4.2 North America Blockchain Technology Market, by Component
1.4.3 North America Blockchain Technology Market, by Enterprise Size
1.4.4 North America Blockchain Technology Market, by Industry Vertical
1.4.5 North America 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. North America Blockchain Technology Market by Industry Vertical
4.1 North America BFSI Blockchain Technology Market by Country
4.2 North America IT & Telecom Blockchain Technology Market by Country
4.3 North America Healthcare Blockchain Technology Market by Country
4.4 North America Retail & eCommerce Blockchain Technology Market by Country
4.5 North America Government & Defense Blockchain Technology Market by Country
4.6 North America Media & Entertainment Blockchain Technology Market by Country
4.7 North America Manufacturing Blockchain Technology Market by Country
4.8 North America Other Industry Vertical Blockchain Technology Market by Country
Chapter 5. North America Blockchain Technology Market by Type
5.1 North America Blockchain Technology Public Market by Country
5.2 North America Blockchain Technology Private Market by Country
5.3 North America Blockchain Technology Hybrid Market by Country
Chapter 6. North America Blockchain Technology Market by Enterprise Size
6.1 North America Large Enterprises Blockchain Technology Market by Country
6.2 North America Small & Medium Enterprises Blockchain Technology Market by Country
Chapter 7. North America Blockchain Technology Market by Component
7.1 North America Infrastructure & Protocols Blockchain Technology Market by Country
7.2 North America Application & Solution Blockchain Technology Market by Country
7.3 North America Middleware Blockchain Technology Market by Country
Chapter 8. North America Blockchain Technology Market by Country
8.1 US Blockchain Technology Market
8.1.1 US Blockchain Technology Market by Industry Vertical
8.1.2 US Blockchain Technology Market by Type
8.1.3 US Blockchain Technology Market by Enterprise Size
8.1.4 US Blockchain Technology Market by Component
8.2 Canada Blockchain Technology Market
8.2.1 Canada Blockchain Technology Market by Industry Vertical
8.2.2 Canada Blockchain Technology Market by Type
8.2.3 Canada Blockchain Technology Market by Enterprise Size
8.2.4 Canada Blockchain Technology Market by Component
8.3 Mexico Blockchain Technology Market
8.3.1 Mexico Blockchain Technology Market by Industry Vertical
8.3.2 Mexico Blockchain Technology Market by Type
8.3.3 Mexico Blockchain Technology Market by Enterprise Size
8.3.4 Mexico Blockchain Technology Market by Component
8.4 Rest of North America Blockchain Technology Market
8.4.1 Rest of North America Blockchain Technology Market by Industry Vertical
8.4.2 Rest of North America Blockchain Technology Market by Type
8.4.3 Rest of North America Blockchain Technology Market by Enterprise Size
8.4.4 Rest of North America 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 North America Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 2 North America 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 North America Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 7 North America Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 8 North America BFSI Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 9 North America BFSI Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 10 North America IT & Telecom Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 11 North America IT & Telecom Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Healthcare Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Healthcare Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Retail & eCommerce Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Retail & eCommerce Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Government & Defense Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Government & Defense Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Media & Entertainment Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Media & Entertainment Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Manufacturing Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Manufacturing Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Other Industry Vertical Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Other Industry Vertical Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 25 North America Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 26 North America Blockchain Technology Public Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Blockchain Technology Public Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Blockchain Technology Private Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Blockchain Technology Private Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Blockchain Technology Hybrid Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Blockchain Technology Hybrid Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 33 North America Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 34 North America Large Enterprises Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Large Enterprises Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Small & Medium Enterprises Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Small & Medium Enterprises Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 39 North America Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 40 North America Infrastructure & Protocols Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Infrastructure & Protocols Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Application & Solution Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 43 North America Application & Solution Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 44 North America Middleware Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 45 North America Middleware Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 46 North America Blockchain Technology Market by Country, 2017 - 2020, USD Million
TABLE 47 North America Blockchain Technology Market by Country, 2021 - 2027, USD Million
TABLE 48 US Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 49 US Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 50 US Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 51 US Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 52 US Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 53 US Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 54 US Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 55 US Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 56 US Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 57 US Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 58 Canada Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 59 Canada Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 60 Canada Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 61 Canada Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 62 Canada Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 63 Canada Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 64 Canada Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 65 Canada Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 66 Canada Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 67 Canada Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 68 Mexico Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 69 Mexico Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 70 Mexico Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 71 Mexico Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 72 Mexico Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 73 Mexico Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 74 Mexico Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 75 Mexico Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 76 Mexico Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 77 Mexico Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 78 Rest of North America Blockchain Technology Market, 2017 - 2020, USD Million
TABLE 79 Rest of North America Blockchain Technology Market, 2021 - 2027, USD Million
TABLE 80 Rest of North America Blockchain Technology Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 81 Rest of North America Blockchain Technology Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 82 Rest of North America Blockchain Technology Market by Type, 2017 - 2020, USD Million
TABLE 83 Rest of North America Blockchain Technology Market by Type, 2021 - 2027, USD Million
TABLE 84 Rest of North America Blockchain Technology Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 85 Rest of North America Blockchain Technology Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 86 Rest of North America Blockchain Technology Market by Component, 2017 - 2020, USD Million
TABLE 87 Rest of North America Blockchain Technology Market by Component, 2021 - 2027, USD Million
TABLE 88 Key Information – Amazon.com, Inc.
TABLE 89 key information – Microsoft Corporation
TABLE 90 key information – Hewlett Packard Enterprise Company
TABLE 91 Key information – IBM Corporation
TABLE 92 key information – Circle Internet Financial Limited
TABLE 93 Key Information – Digital Asset Holdings, LLC
TABLE 94 Key Information – Global Arena Holding, Inc.
TABLE 95 key Information – The Linux Foundation
TABLE 96 Key Information – Monax Industries Limited
TABLE 97 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