ICT Media Industry
January 6, 2020

Global Blockchain Government Market is Set to Reach USD 6,399.0 million by 2024

The global Blockchain government market is expected to grow at a CAGR of 85.0% during the forecast period with its market size predicted to reach USD 6,399.0 million by 2024.

The key players in the blockchain market are launching a new link for various supply chain experts. Furthermore, there are several software development enterprises that are embracing the technique at an extensive rate as it helps them in fighting against fraudulent activities.

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Based on provider, the global blockchain government market is categorized into middleware provider, application provider, and infrastructure provider, wherein the application provider category is expected to witness the fastest growth during the forecast period.

North America has accounted for the largest share in the blockchain government market, globally and is predicted to grow significantly during the forecast period.

Some of the key players operating in the global blockchain government market are IBM Corporation, Amazon Web Services, Inc., Microsoft Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, Infosys Limited, Accenture plc, Intel Corporation, BigchainDB Gmbh, Ethereum Foundation, Earthport PLC, Factom, BTL Group Ltd., Humaniq, Tierion, BlockCypher Inc., AlphaPoint, and Bitfury Group Limited.

Source: VynZ Research