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Download Free sampleBlockchain 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.
Blockchain TechnologyEnergy Market 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
Other
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
Others
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
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
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
Competitor Analysis
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:
IBM
Microsoft
Accenture
ConsenSys
Infosys
Drift
Electron
LO3 Energy
Power Ledger
Siemens
Yuanguang Software
WePower
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