NEWARK, Del., Dec. 14, 2022 (GLOBE NEWSWIRE) — Managed Blockchain Services market size is likely to thrive at a CAGR of 11.8% during the forecast period (2022-2032). The market is expected to cross a market share of USD 6,764.2 million by 2032, while it has a value of USD 2,210.6 million in 2022.
- The increased use of components in Industries 4.0 along with the demand for safer media and trackers is driving the demand for managed blockchain services.
- The growing businesses of SMEs are adopting the latest technology for faster and more secure transactions along with the growing automation.
- The buzz around blockchain has made it sound like a panacea. Supply chain enthusiasts are considering its true potential as a transactional technology.
- While blockchain 1.0 was dedicated to helping cryptocurrency, transactions go through. The rise of cryptocurrencies further pushed blockchain technology as a separate entity.
- Rapid acceleration in the market is due to the growing use of managed blockchain services in sectors such as banking, finance, manufacturing and R&D.
- Cybersecurity advisory launched by governments is pushing brands to adopt managed blockchain technology for greater transparency.
Request a sample copy of the report @
Important points
- North America is the largest market in the global managed blockchain services market with a market share of 32.9% while enjoying a CAGR of 15.1% during the forecast period.
- Europe holds the second largest market share of 20.7% for the managed blockchain services market, while enjoying a CAGR of 16.4%.
- The factors limiting the growth of the market are limited awareness and the high cost associated with the implementation which has led to limited sales of managed blockchain services.
- South Asia Pacific thrives at a robust CAGR of 22.5% during the forecast period. The growth is attributed to the presence of business giants and technological experts.
Challenging landscape
The managed blockchain market is new and is an addition to the already existing blockchain market. Therefore, the brands are the big companies that deliver customized blockchain solutions to the end users. Competition is high as each brand has its own USP. The largest companies in the market are SAP SE, IBM Corporation, Microsoft Corporation, VMware etc.
Recent market developments
- Microsoft has its blockchain solution for tracking and tracing the supply chain together with centralized systems for the bank and financial system to achieve trust and efficiency.
- IBM Corporation has introduced its enterprise blockchain services that keep track of transactions and they are integrated with the cloud systems for improved performance.
Get 30% off before it happens Gone – Ask an analyst:
Managed blockchain services Market by category
Of services, managed blockchain the service market is segmented as:
By Enterprise, managed blockchain the service market is segmented as:
- Small offices (1-9 employees)
- Small businesses (10–99 employees)
- Medium-sized companies (100–499 employees)
- Large companies (500–999 employees)
- Very large companies (1000+ employees)
By industry, managed blockchain the service market is segmented as:
- Services
- Distribution Services
- Public sector
- Finance
- Production and resources
- Infrastructure
By region, managed blockchain The service market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
Customization Request @
Table of contents
1. Summary
1.1. Global market outlook
1.2. Trends on the demand side
1.3. Trends on the supply side
1.4. Technology roadmap analysis
1.5. Analysis and recommendations
2. Market overview
2.1. Market coverage / taxonomy
2.2. Market definition / scope / limitations
3. Market background
3.1. Market dynamics
3.2. Scenario forecast
3.3. Opportunity map analysis
3.4. Investment Feasibility Matrix
4. Global Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Analysis (US$ Mn), 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) Forecast, 2022-2032
5. Global Market Analysis 2017-2021 and Forecast 2022-2032, by Service Type
5.1. Introduction / Key findings
5.2. Historical Market Size Value (US$ Mn) Analysis by Service Type, 2017-2021
Get more information about this report @
Top reports related to technology market insights
Zoned Flash Market Size – Currently, the global zoned flash market is valued at USD 296 Mn and is expected to rise at an astronomical CAGR of 36.7% to reach USD 3.59 Bn by the end of 2032.
Digital Risk Protection Platform Market Share – The global market for digital risk protection platforms is expected to expand at a high CAGR of 9.8% from 2022 to 2030. The market is currently valued at USD 946.6 million and is forecast to reach the US 1, 96 billion dollars by the end of 2030.
Distance Learning Technology Consumption Market Outlook – The global distance learning technology consumption market is predicted to soar at an astronomical CAGR of 14.4% from 2022 to 2030. Currently, the market is valued at USD 67.44 billion and is expected to race towards USD 197.77 billion by the end of 2030.
Home Office Expenses Market Trends – The global home office expenses market size is set to reach USD 25.71 billion by 2022 and is further forecast to expand at a remarkable CAGR of 15.7% to approach a valuation of USD 82.42 billion by the end of 2030.
5G in Automotive and Smart Transportation Market Growth – The global 5G automotive and smart transportation market is currently worth $1.49 billion, and detailed market analysis shows that it is projected to increase to a value of $9.77 billion by the end of 2030. Demand for 5G in the automotive and smart transportation industries is predicted to rise at a phenomenal CAGR of 26.5% from 2022 to 2030.
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting and market research firm, a member of the Greater New York Chamber of Commerce and headquartered in Delaware, USA. As a recipient of Clutch Leaders Award 2022 due to high customer score (4.9/5), we have partnered with global enterprises in their business transformation journey and helped them deliver on their business ambitions. 80% of the largest Forbes 1000 companies are our customers. We serve global clients across all leading and niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogger | YouTube
For sales inquiries: [email protected]
