Blockchain as a Service (BaaS) Market Forecast Report 2020 – 2027 – Top Key Players Analysis

According to the GMI Research Study Report adds new research on Blockchain As A Service (BaaS) market, which is a detailed analysis of this business space which includes the emerging market trends, competitive landscape, and the market size. The report covers various parameters among different segment analysis, the regional growth landscape, and in-depth study of the industry’s competitive scenario.

Leading Players of the Blockchain As A Service (BaaS) market:

The major players in the market include International Business Machines (IBM) Corporation, Microsoft Corporation, Baidu, Accenture, Amazon Web Services, Inc., Oracle, SAP SE, Huawei, and Waves Platform.

Key Drivers of the Blockchain As A Service (BaaS) market:

The global Blockchain as a Service (BaaS) market is projected to experience a surge in demand during the forecast period owing to the increasing adoption of the blockchain technology by the several end-user industries. The BaaS service providers assist the end users in maintaining and managing their blockchain applications. Moreover, the BaaS service providers also offer consulting and implementation services, training, integration, and maintenance services to the end-users. For example, in 2015, Microsoft became the first company to introduce BaaS. The BaaS provide the same kind of advantages to the end users in terms of cost saving, scalability and implementation as Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) offers to the end-users.

The strong demand for the training and integration services by the end-users, ease of data maintenance, and rising efficiency are some other factors that are boosting the growth of the Blockchain as a service (BaaS) market size. Additionally, the increasing adoption of BaaS services by the BFSI industry owing to the advantages of the BaaS i.e. efficiency, cost-effectiveness and security are enhancing the growth of the BaaS market. According to the Blockchain as a Service (BaaS) market report, various stringent government regulations, inadequately skilled workforce, and lack of standards are likely to have a negative impact on the market’s growth.

Market Segmentation of the Blockchain As A Service (BaaS) market:

This report focuses on the Blockchain As A Service (BaaS) market status, forecast, growth opportunities, key development, and the leading players in the market. The main aim of the study is to present the trends and developments in North America, Europe, Asia Pacific, and RoW.

Segment by Service Type

  • Consulting and Implementation Services
  • Training Services
  • Maintenance Services
  • Others

Segment by Organization Size:

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

Segment by Application:

  • Supply Chain Management
  • Identity Management
  • Governance, Risk, and Compliance Management
  • Payments
  • Others

Segment by End-Users

  • BFSI
  • Healthcare
  • Retail
  • Government
  • IT & Telecom
  • Manufacturing
  • Other

Segment by Region:

  • North America

o United States of America

o Canada

  • Asia Pacific

o China

o Japan

o India

o Rest of APAC

  • Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

  • RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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