ALL >> General >> View Article
Blockchain Reshapes Governments: $704.1b Opportunity By 2030
The "Blockchain Government - Global Strategic Business Report" has been introduced to ResearchAndMarkets.com's offerings. This report delves into the burgeoning sector within the Government industry, which is rapidly embracing blockchain technology to enhance operational efficiency and security. It emphasizes blockchain's role as a distributed ledger system that fosters secure and transparent transactions. Governments worldwide are adopting blockchain to streamline processes, cut costs, bolster security, and fortify data integrity.
Market Projections
The global Blockchain Government market was valued at $7.2 Billion in 2022 and is predicted to surge to $704.1 Billion by 2030, with an impressive CAGR of 77.3% during the assessment period from 2022 to 2030. The Application Providers segment is expected to lead with an 83.2% CAGR, reaching $421.9 Billion by the end of the analysis period.
Regional Analysis
The report provides an all-encompassing analysis of the global Blockchain Government market across various geographical regions. The US market was valued at $2.2 Billion in 2022, while China, the world's ...
... second-largest economy, is projected to reach $94 Billion by 2030, growing at a CAGR of 71.1% during the period from 2022 to 2030.
Market Segmentation
The market is segmented into categories including Application Providers, Middleware Providers, Infrastructure Providers, Smart Contracts, Payments, Asset Registry, Voting, Identity Management, and Other Applications. For each segment, the report offers independent analyses of annual sales in US$ thousands and the percentage CAGR for the forecasted period.
Key Players
The "Blockchain Government - Global Strategic Business Report" profiles major industry players, including Accenture, Auxesis Group, AWS, Bigchaindb, Bitfury, Blockchain Foundry, Blocko, Brainbot Technologies, BTL, Cegeka, among others.
About ResearchAndMarkets.com
ResearchAndMarkets.com is the foremost source for international market research reports and market data. It provides the latest information on global and regional markets, key industries, top companies, new products, and emerging trends.
More Information : https://www.techdogs.com/tech-news/pr-newswire/blockchain-technology-revolutionizes-governments-creating-a-7041-billion-market-opportunity-by-2030
Add Comment
General Articles
1. International School In Malaysia | Top International School In MalaysiaAuthor: elisha
2. Sonofitâ„¢ | Uk Official | #1 New Hearing Formula
Author: rajesh
3. Essential Benefits Of Digital Marketing Efforts
Author: Anthea Johnson
4. Dissatisfaction Of Even Old-time Customers With Amazon India
Author: Yash Kumar
5. Vidmate App Download For Android
Author: vidmate app
6. Finding The Best Seo Company In Mumbai
Author: Siddhi Dheniya
7. Melasma Laser Treatment For Smooth And Even Skin Tone
Author: pavitra
8. Winter Beauty Package At La Femme Hair, Skin & Bridal Salon At La Femme In Satellite, Ahmedabad
Author: lafemmeindia
9. How To Get Your Clients To Make Faster Payments?
Author: Invoice Temple
10. Discover Why We Are The Best Multispeciality Hospital In Jaipur
Author: YATIKA
11. Gutters, Roofing, Windows, And Sidings | What Comes First?
Author: Gutter Empire LLC
12. The Role Of Technology In Outstation Taxi Bookings
Author: RIDEXPRESS
13. Crystalline Designers
Author: Crystalline
14. Wpc Outdoor Wall Panels
Author: karthik
15. The Importance Of Pharma Hcp Engagement In Modern Healthcare
Author: Jesvira