Blockchain in Telecom Market Gaining Momentum Ahead on Innovation| IBM, Abra, Blockstream
Advance Market Analytics added research publication document on Worldwide Blockchain in Telecom Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Blockchain in Telecom market. The study provides valuable market size data for historical (Volume** & Value) from 2019 to 2022 which is estimated and forecasted till 2030*. Some are the key & emerging players that are part of coverage and have being profiled are AWS (United States), Guardtime (Estonia), IBM (United States), Microsoft (United States), SAP (Germany), Bitfury (United States), Cegeka (Netherlands), Clear (Singapore), Reply (Italy), ShoCard (United States), Abra (United States), Auxesis Group (India), Blockchain Foundry (Singapore), BlockCypher (United States), Blocko (South Korea), Blockpoint (United States), Blockstream (United States), Chain (United States), Filament (United States), Huawei (China), Oracle (United States).
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Blockchain is currently one of the most talked-about technologies. Across industries, organizations are exploring blockchain's potential impact in their space and how they can benefit from this emerging technology. The communications service provider (CSP) industry is no exception. The major driving factors in the market are increasing support for Operation Support System/Business Support System (OSS/BSS) processes, and rising security concerns among telcos. The blockchain in the telecom market is expected to grow in the future due to rising demand for the implementation of 5G.
In Oct 2019, TBCASoft, IBM, and SoftBank Corp. announced that they are entering into a strategic collaboration to support the transformation of the telecommunications industry that is intended to use cross-carrier blockchain technology designed to enable new synergies throughout the industry, provide new services to telecom carriers and their subscribers, and foster innovative business models.??
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Blockchain in Telecom Market various segments and emerging territory.
Influencing Market Trend
·??????? Rising Use of Blockchain Technology for the Implementation of 5G
Market Drivers
·??????? Increasing Support for OSS/BSS Processes
·??????? Rising Security Concerns Among the Telecommunication Companies
Opportunities:
·??????? Blockchain Technology Helps the Telecom Sector in Fraud Management
·??????? Extensive Use of Blockchain Solutions in IoT Space
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Challenges:
·??????? Lack of Awareness of the Blockchain Technology in Various Region
·??????? Lack of Understanding About the Blockchain Concept, Skill Sets, and Technical Knowledge
Analysis by Type (OSS/BSS Processes, Identity Management, Payments, Smart Contracts, Connectivity Provisioning, Others), Organisation Size (Large Enterprises, SMEs), Provider (Application Providers, Middleware Providers, Infrastructure Providers)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
? % Market Share, Segment Revenue, Swot Analysis for each profiled company [AWS (United States), Guardtime (Estonia), IBM (United States), Microsoft (United States), SAP (Germany), Bitfury (United States), Cegeka (Netherlands), Clear (Singapore), Reply (Italy), ShoCard (United States), Abra (United States), Auxesis Group (India), Blockchain Foundry (Singapore), BlockCypher (United States), Blocko (South Korea), Blockpoint (United States), Blockstream (United States), Chain (United States), Filament (United States), Huawei (China), Oracle (United States)]
? Business overview and Product/Service classification
? Product/Service Matrix [Players by Product/Service comparative analysis]
? Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
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? Consumption, Capacity & Production by Players
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The regional analysis of Global Blockchain in Telecom Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2030. In Jan 2020, the Dixintong Technology Group confirmed a ground-breaking partnership with U.S./Asia-based Monsoon Blockchain, a leading cloud-storage technology company. The mega-deal has created the leading-edge provider in intelligent cloud optimization and cloud data storage. It is now the forerunner of innovation in the 5G, telecommunications, photonics, AI, and IoT industries on the blockchain in China.
Table of Content
Chapter One: Industry Overview Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis Chapter Three: Production Market Analysis Chapter Four: Sales Market Analysis Chapter Five: Consumption Market Analysis Chapter Six: Production, Sales and Consumption Market Comparison Analysis Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis Chapter Eight: Competition Analysis by Players Chapter Nine: Marketing Channel Analysis Chapter Ten: New Project Investment Feasibility Analysis Chapter Eleven: Manufacturing Cost Analysis Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers.
Read Executive Summary and Detailed Index of full Research Study @?https://www.advancemarketanalytics.com/reports/72642-global-blockchain-in-telecom-market ?utm_source=LinkedIn&utm_medium=Pranita
Highlights of the Report
? The future prospects of the global Blockchain in Telecom market during the forecast period 2023-2030 are given in the report.
? The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
? The emerging technologies that are driving the growth of the market are highlighted in the report.
? The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
? The report studies the leading manufacturers and other players entering the global Blockchain in Telecom market.
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Exciting to see how blockchain technology is revolutionizing the CSP industry! Pranita Yeotikar