Global Blockchain in Telecom Market Report (2023-2028): Increasing Support for OSS/BSS Processes Bolsters Sector


Dublin, April 25, 2023 (GLOBE NEWSWIRE) -- The "Global Blockchain in Telecom Market (2023-2028) by Provider, Application, Organization Size, and Geography, Competitive Analysis, 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 307.93 Mn in 2023 and is expected to reach USD 1401.87 Mn by 2028, growing at a CAGR of 35.41%.

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

Market Segmentations

The Global Blockchain in Telecom Market is segmented based on Provider, Organization Size, Applications and Geography.

  • By Provider, the market is classified into Application Providers, Middleware Providers, and Infrastructure Providers
  • By Organization Size, the market is classified into OSS/BSS Processes, Identity Management, Payments, Smart Contracts, Connectivity Provisioning, and Others Wireless Personal Area Networks
  • By Applications, the market is classified into Small and Medium-sized Enterprises, and Large enterprises
  • By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are IBM Corp., Oracle Corp., AWS, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a 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, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Blockchain in Telecom Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Blockchain in Telecom Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

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 an in-depth Market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the Market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the 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 Attributes:

Report AttributeDetails
No. of Pages164
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$307.93 Million
Forecasted Market Value (USD) by 2028$1401.87 Million
Compound Annual Growth Rate35.4%
Regions CoveredGlobal

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Blockchain in Telecom Market, By Provider

7 Global Blockchain in Telecom Market, By Organization Size

8 Global Blockchain in Telecom Market, By Applications

9 Americas' Blockchain in Telecom Market

10 Europe's Blockchain in Telecom Market

11 Middle East and Africa's Blockchain in Telecom Market

12 APAC's Blockchain in Telecom Market

13 Competitive Landscape

14 Company Profiles

15 Appendix

Companies Mentioned

  • Oracle Corp.
  • Microsoft
  • SAP SE
  • IBM Corp.
  • AWS
  • Bitfury
  • Cegeka
  • Reply
  • Shocard
  • Auxesis Group
  • Blockchain Foundry
  • BlockCypher
  • Blocko
  • Blockpoint
  • Blockstream
  • Filament
  • Huawei
  • Recordskeeper
  • Sofocle Technologies
  • SpinSys
  • Tbcasoft
  • Abra

For more information about this report visit https://www.researchandmarkets.com/r/590yrb

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Global Blockchain in Telecom Market

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