India Blockchain Technology Market (2018-2024): Market Forecast By Technology Type (Public and Private & Permissioned), By Applications (Financial and Non-Financial), By End Users (BFSI, Government and Public , Transportation and Logistics, Healthcare and Pharmaceuticals, Real Estate and Others), By Regions (Northern, Eastern, Western and Southern) and Competitive Landscape.
Blockchain technology, popularly known as a protocol for value exchange is registering rising adoption among several applications including banking and financial services, transportation, supply chain as well as government verticals in India. The solution is gaining awareness owing to more efficient, transparent, and secured database solutions. Further, recent pilot project initiatives in Andhra Pradesh would result in greater adoption of blockchain solution in certain key states including Delhi, Madhya Pradesh, Uttar Pradesh and Punjab over the coming years.
India blockchain technology market is projected to grow at a CAGR of 58% during 2018-24. Over the past few months, especially in last quarter of 2017, blockchain technology registered rising end-customer acceptance towards the adoption of this solution, especially among banking and financial services, transportation, and government verticals. In addition, during the forecast period, the market is projected to be driven by rising adoption in BFSI vertical, especially led by banking institutions integration of blockchain technology in their information and financial services database.
Moreover, the solution is further anticipated to register higher growth among several verticals as it offers transparent, faster, secure, and cost-effective alternative as compared to conventional database solutions. Some of the key players in India blockchain technology market include- Zebi, Primechain, Krypc, Accubits and IBM, and Ernst & Young.
The report thoroughly covers India blockchain technology market by type, applications, end users, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities, high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Historical Data and Forecast of India Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of India Public Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of India Private and Permissioned Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of India Financial Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of India Non-Financial Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of India BFSI Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of India Government and Public Sector Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of India Transportation and Logistics Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of India Healthcare and Pharmaceuticals Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of India Real Estate Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of Northern India Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of Eastern India Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of Western India Blockchain Technology Market for the Period 2016-2024
- Historical Data and Forecast of Southern India Blockchain Technology Market for the Period 2016-2024
- Market Drivers and Restraints, Market Trends and Industry Life Cycle
- Value Chain Analysis and Porter's Five Forces Analysis
- Competitive Landscape (Player's Revenue Share and Competitive Benchmarking)
- Company Profiles and Key Strategic Pointers
Markets Covered:
The report provides detailed analysis of the following market segments:
- By Technology Type:
- Public
- Private and Permissioned
- By Applications:
- Financial
- Non-Financial
- By End Users:
- BFSI
- Government and Public
- Transportation and Logistics
- Healthcare and Pharmaceuticals
- Real Estate
- Others
- By Regions:
- Northern
- Eastern
- Western
- Southern
Table of Contents
1 Executive Summary
Samples
LOADING...
Companies Mentioned
- Zebi Data India Pvt. Ltd.
- Primechain Technologies Pvt. Ltd.
- Krypc Technologies Pvt. Ltd.
- IBM India Pvt. Ltd.
- Microsoft Corporation (India) Pvt. Ltd.
- Ernst And Young India Private Limited
