Future Of USA Blockchain Market Growth: Ken Research

Blockchain Technology Adoption In US

In 2020P, emerging tech adoption will continue the upward trend with technologies like AI, blockchain & machine learning picking up the pace. Blockchain is supposed to have the biggest impact as data collection & its sanctity becomes of the utmost importance. It is expected that spend on blockchain around the world will increase 3.5X in the next 3 years at a CAGR of ~50%. Currently, blockchain has ~ 2,500 patented products with USA amounting to ~700 of those. Furthermore, blockchain market size is expected to grow at ~30% in the coming 4 years.

usa-blockchain-platform-infographics

Blockchain Technology Growth & Current Infrastructure

Macro Outlook of the Blockchain Industry

Total # of Patents: ~ countries have filed ~ patents as of December 2019

Global Blockchain Market: Global value of Blockchain is expected to be worth ~ by the end of 2024

Highest # of PatentsUSA has filed highest # of patents with ~ patents preceding China (~)

Total # of WalletsCurrently ~ Blockchain enabled wallets have been utilized

End User Perspective towards Blockchain pertaining to:

Cost Reduction

Revenue Optimization

Risk Mitigation

Operational Efficiency

Social Impact

Consumer Impact

Public Sector  

Identification Records- Public records, which can be nearly any type of information that the government produces or administers, are an obvious use for a tamperproof, authentic & transparent Platform. This use of blockchain is underway in many nations & under consideration by the State of Illinois in USA.

Intellectual Property Records: Various public & private Organizations can digitize physical assets and create a decentralized immutable record of all transactions, making it possible to track assets from production to delivery or use by end user. This can help in enabling efficient user discovery in case of errors & cases of fraud & malicious activities against individuals of state

Permits & Permissions: A perennial complaint among both Businesses & Individuals that interact with the government is the time required to obtain the necessary approvals for some routine activities. Digitized Permits or Smart Contracts can be built on distributed ledger technology that can help to streamline some processes.

  • Key Segments Covered (Use Case Analysis): –

Public Sector

Permits & Licenses

User Identification

Vital Documents

Legal Records

Private Sector

BFSI

Education

Healthcare

Business Services

Manufacturing & Retail

Entertainment & Hospitality

Telecom

Energy

Key Target Audience

Hardware Technology Manufacturers

Software Technology Manufacturers

Cloud Storage Providing Enterprises

Public Institutions (Engaged in Issuance of Records)

Online Education Providers (Ed-Tech Companies)

IT Enterprises

BFSI Enterprises

Healthcare Enterprises

Universities & Schools

Hospitality & Entertainment Enterprises

Blockchain Industry Associations

Legal Service Providers

Manufacturing Enterprises

International Retail & maritime Shipment Providers

Blockchain Technology Software’s Providers

Engineering Service Providers

Time Period Captured in the Report:

Historical Period: FY’2014-FY’2020

Forecast Period: FY’2020-FY’2025

Companies Mentioned:

Blockchain Enabled Record/Certificates Issuing Companies

Smart Certificate

CloudCerts

Blockeducate

Block.Co

Certy

Certify

Others include Blockcerts, Verisas & more

Key Topics Covered in the Report:

Analysis of Enterprise IT Infrastructure in USA

IT Expenditure – Macro Overview

IT Expenditure Breakdown

Major Focus in IT Infrastructure Expenditure

New Technology Trends which are expected to have the Biggest Impact

Blockchain Technology Growth & Current Infrastructure

Lifecycle of Blockchain

Current Adoption of Blockchain Infrastructure

End User Perspective towards Blockchain

End User Analysis of Blockchain Enabled Record issuing platform

Public Sector Analysis & Use Cases

Private Sector Analysis & Use Cases

Competition analysis of current Blockchain Enabled Record issuing platform covering Overview, API Analysis, Pricing Analysis, Platform Analysis

Perception based Survey analysis of USA based enterprises

Awareness of Blockchain & Security Needs

Security a Priority for Entities Utilizing Digital Solutions

Influencing Factors for Decision Makers

Gap Analysis in Current Secured Digital Solutions

Analysis of Current Digital Platform Usage

Major Benefits Availed from Adoption of Secured Digital Solutions

Analysis of Entities Utilizing Physical & Unsecured Methods

Analysis of Problems associated with Physical & Unsecured Issuance

Adoption of a blockchain enabled record issuing platform

Mass Adoption of blockchain enabled record issuing platform Dependent on Customized Features

Subscription Model Analysis

Availability of Customized Solutions

Product Strategies & Overview

Feasibility Study of a block chain enabled record issuing platform

Exhaustive Industry basis Use Case Analysis

Analysis of Product Features & Offerings

Product Promotion & Assessment of Target Audience

Pricing & Subscription Analysis

For More Information on the research report, refer to below link: –

USA Blockchain Enabled Record Issuing Platform Market

Related Reports by Ken Research: –

Global Cloud Customer Relationship Management (CRM) Market Report 2020 By Key Players, Types, Applications, Countries, Market Size, Forecast To 2026 (Based On 2020 COVID-19 Worldwide Spread)

Global Terahertz Components And Systems Market Report 2020 By Key Players, Types, Applications, Countries, Market Size, Forecast To 2026 (Based On 2020 COVID-19 Worldwide Spread)

Global Cloud Identity And Access Management (IAM) Market Report 2020 By Key Players, Types, Applications, Countries, Market Size, Forecast To 2026 (Based On 2020 COVID-19 Worldwide Spread)

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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