Dublin, Nov. 10, 2021 (GLOBE NEWSWIRE) -- The "Global Blockchain in Telecom Market (2020-2025) by Provider, Application, Organization Size, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Blockchain in Telecom Market is estimated to be USD 54.6 Mn in 2020 and is expected to reach USD 975.6 Mn by 2025, growing at a CAGR of 78%.
Key factors such as the increasing support for OSS/BSS processes and rising security concerns among telecom companies have been driving the overall blockchain in telecom market growth. Several telecom operators are also adopting blockchain technology to reduce identity, fraud detection, and improve customer experience, thereby expanding the market for blockchain in the telecom industry.
Conversely, concerns related to users' authenticity, uncertain regulatory status, and the lack of common standards are likely to hinder the market growth. Many enterprises believe that enterprises with data confidentiality, integrity, and availability can be seriously affected if blockchain is used. Also, strict government regulations in adopting blockchain technology and lack of common standards are restraining market growth.
Market Dynamics
Drivers
- Increasing Support for OSS/BSS Processes
- Rising Security Concerns Among Telcos
Restraints
- Growing Concerns Related to the Authenticity of Users
- Uncertain Regulatory Status and the Lack of Common Standards
Opportunities
- Blockchain Technology Helps the Telecom Sector in Fraud Management
- Extensive Use of Blockchain Solutions in IoT Space
- Increasing Use of the Blockchain Technology for Implementing 5G Technology
Challenges
- Lack of Awareness of the Blockchain Technology
- Lack of Understanding About the Blockchain Concept, Skill Sets, and Technical Knowledge
The Global Blockchain in Telecom Market is segmented further based on Provider, Application, Organization Size, and Geography.
Company Profiles
Some of the companies covered in this report are IBM Corporation, Oracle Corporation, AWS, Huawei, SAP SE, Bitfury, Cegeka, Reply, Shocard, Blocko, Blockpoint, BlockCypher, Auxesis Group, SpinSys, Tbcasoft, etc.
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments and growth in market share.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Blockchain in Telecom Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size.
- The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using a Competitive Quadrant, the analyst's proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.3 Trends
5 Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global Blockchain in Telecom Market, By Provider
6.1 Introduction
6.2 Application Providers
6.3 Middleware Providers
6.4 Infrastructure Providers
7 Global Blockchain in Telecom Market, By Application
7.1 Introduction
7.2 OSS/BSS Processes
7.3 Identity Management
7.4 Payments
7.5 Smart Contracts
7.6 Connectivity Provisioning
7.7 Others Wireless Personal Area Networks
8 Global Blockchain in Telecom Market, By Organization Size
8.1 Introduction
8.2 Small and Medium-sized Enterprises
8.3 Large enterprises
9 Global Blockchain in Telecom Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.4 Europe
9.4.1 UK
9.4.2 France
9.4.3 Germany
9.4.4 Italy
9.4.5 Spain
9.4.6 Rest of Europe
9.5 Asia-Pacific
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Indonesia
9.5.5 Malaysia
9.5.6 South Korea
9.5.7 Australia
9.5.8 Russia
9.5.9 Rest of APAC
9.6 Rest of the World
9.6.1 Qatar
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 United Arab Emirates
9.6.5 Latin America
10 Competitive Landscape
10.1 IGR Competitive Quadrant
10.2 Market Share Analysis
10.3 Competitive Scenario
10.3.1 Mergers & Acquisitions
10.3.2 Agreements, Collaborations, & Partnerships
10.3.3 New Product Launches & Enhancements
10.3.4 Investments & Funding
11 Company Profiles
11.1 Oracle Corporation
11.2 Microsoft
11.3 SAP SE
11.4 IBM Corporation
11.5 AWS
11.6 Bitfury
11.7 Cegeka
11.8 Reply
11.9 Shocard
11.10 Auxesis Group
11.11 Blockchain Foundry
11.12 BlockCypher
11.13 Blocko
11.14 Blockpoint
11.15 Blockstream
11.16 Filament
11.17 Huawei
11.18 Recordskeeper
11.19 Sofocle Technologies
11.20 SpinSys
11.21 Tbcasoft
11.22 Abra
12 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/xfyg0n
