Blockchain Government Market is expected to reach US $ 136.39 Bn by 2029, at a CAGR of 84.5% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report Global blockchain government market is segmented by provider, application, and region. In terms of provider, the blockchain government market is segmented into application providers, infrastructure providers, and middleware providers. Based on application, the blockchain government market is classified into payments, identity management, smart contracts, asset registry, voting, and others. Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The key driving factor for Global Blockchain Government Market include the rapid growth of interest in the blockchain technology, increasing adoption by the government sector, increasing instances of fraudulent activities in the public sector, upswing in the usage of blockchain technology to create transparent and decentralized government, necessity to provide protection against data tampering, and focus on increasing efficiency and speed in public sector transactions. However, lack of a common set of regulatory standards and uncertain regulatory landscape and lack of awareness and technical understanding about the blockchain technology can hinder the market growth. In terms of provider, the application providers segment is the fastest growing segment in the blockchain government market. The blockchain technology provides various applications for the government sector, such as smart contracts, voting, identity management, and payments. Therefore, the demand for blockchain technology applications is rising. Based on application, the smart contracts segment is anticipated to dominate the market in terms of its contribution to the overall market shares, as government agencies are deploying blockchain-based smart contracts to reduce the costs of verification, execution, arbitration, and fraud prevention. The blockchain technology overcomes the existing limitations of smart contracts in terms of privacy, scalability, auditability, confidentiality, and performance. On the basis of region, North America is expected to account for the largest share of the overall market in 2022. North America is considered as the most advanced region in technology adoption and infrastructure. The wide presence of key industry players of blockchain technology solutions in this region is the main driving factor for the blockchain government market. Key players in the market are IBM, SAP, Microsoft, Oracle, Deloitte, AWS, Infosys, Bitfury, Auxesis Group, Cegeka, Factom, BTL, SpinSys, OTC Exchange Network, ModulTrade, Blocko, Symbiont, brainbot technologies, Guardtime, BigchainDB, Somish, RecordsKeeper, Intel, Accenture, and Blockchain Foundary.
Blockchain Government Market Scope: Inquire before buying
Global Blockchain Government Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 1.87 Bn. Forecast Period 2023 to 2029 CAGR: 84.5% Market Size in 2029: US $ 136.39 Bn. Segments Covered: by Providers Application Providers Infrastructure Providers Middleware Providers by Application Payments Identity Management Smart Contracts Asset Registry Voting Others Blockchain Government Market, by Geography
North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A) South America (Brazil, Argentina Rest of South America)Blockchain Government Market, Key Players are
1. SAP 2. IBM Corporation 3. Microsoft Corporation 4. AWS 5. Oracle Corporation 6. Deloitte 7. Infosys 8. Intel 9. Accenture 10. Bitfury 11. Cegeka 12. Auzesis GroupFrequently Asked Questions:
1] What segments are covered in Market report? Ans. The segments covered in Market report are based on Type, and Application. 2] Which region is expected to hold the highest share in the Market? Ans. Asia Pacific is expected to hold the highest share in the global Market. 3] What is the market size of global Market by 2029? Ans. The market size of global Market by 2029 is US $ 136.39 Bn. 4] What was the market size of global Market in 2022? Ans. The market size of global Market in 2022 was US $ 1.87 Bn.
Global Blockchain Government Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Global Blockchain Government Market Size, by Market Value (US$ Mn) and Market, by Region 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.3. Drivers and Restraints Snapshot Analysis 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.3.4. Porter’s Analysis 4.3.5. Value Chain Analysis 4.3.6. SWOT Analysis 5. Global Blockchain Government Market Analysis and Forecast 5.1. Global Blockchain Government Market Analysis and Forecast 5.2. Global Blockchain Government Market Size& Y-o-Y Growth Analysis 5.2.1. North America 5.2.2. Europe 5.2.3. Asia Pacific 5.2.4. Middle East & Africa 5.2.5. Latin America 6. Global Blockchain Government Market Analysis and Forecast, by Providers 6.1. Introduction and Definition 6.2. Key Findings 6.3. Global Blockchain Government Market Value Share Analysis, by Providers 6.4. Market Size (US$ Mn) Forecast, by Providers 6.5. Global Blockchain Government Market Analysis, by Providers 6.6. Blockchain Government Market Attractiveness Analysis, by Providers 7. Global Blockchain Government Market Analysis and Forecast, by Applications 7.1. Introduction and Definition 7.2. Global Blockchain Government Market Value Share Analysis, by Applications 7.3. Market Size (US$ Mn) Forecast, by Applications 7.4. Global Blockchain Government Market Analysis, by Applications 7.5. Global Blockchain Government Market Attractiveness Analysis, by Applications 8. Global Blockchain Government Market Analysis, by Region 8.1. Global Blockchain Government Market Value Share Analysis, by Region 8.2. Market Size (US$ Mn) Forecast, by Region 8.3. Global Blockchain Government Market Attractiveness Analysis, by Region 9. North America Blockchain Government Market Analysis 9.1. Key Findings 9.2. North America Blockchain Government Market Overview 9.3. North America Blockchain Government Market Value Share Analysis, by Providers 9.4. North America Blockchain Government Market Forecast, by Providers 9.4.1. Application Providers 9.4.2. Infrastructure Providers 9.4.3. Middleware Providers 9.5. North America Blockchain Government Market Value Share Analysis, by Applications 9.6. North America Blockchain Government Market Forecast, by Applications 9.6.1. Payments 9.6.2. Identity Management 9.6.3. Smart Contracts 9.6.4. Asset Registry 9.6.5. Voting 9.6.6. Others 9.7. North America Blockchain Government Market Value Share Analysis, by Country 9.8. North America Blockchain Government Market Forecast, by Country 9.8.1. U.S. 9.8.2. Canada 9.9. North America Blockchain Government Market Analysis, by Country 9.10. U.S. Blockchain Government Market Forecast, by Providers 9.10.1. Application Providers 9.10.2. Infrastructure Providers 9.10.3. Middleware Providers 9.11. U.S. Blockchain Government Market Forecast, by Applications 9.11.1. Payments 9.11.2. Identity Management 9.11.3. Smart Contracts 9.11.4. Asset Registry 9.11.5. Voting 9.11.6. Others 9.12. Canada Blockchain Government Market Forecast, by Providers 9.12.1. Application Providers 9.12.2. Infrastructure Providers 9.12.3. Middleware Providers 9.13. Canada Blockchain Government Market Forecast, by Applications 9.13.1. Payments 9.13.2. Identity Management 9.13.3. Smart Contracts 9.13.4. Asset Registry 9.13.5. Voting 9.13.6. Others 9.14. North America Blockchain Government Market Attractiveness Analysis 9.14.1. By Providers 9.14.2. By Applications 9.15. PEST Analysis 10. Europe Blockchain Government Market Analysis 10.1. Key Findings 10.2. Europe Blockchain Government Market Overview 10.3. Europe Blockchain Government Market Value Share Analysis, by Providers 10.4. Europe Blockchain Government Market Forecast, by Providers 10.4.1. Application Providers 10.4.2. Infrastructure Providers 10.4.3. Middleware Providers 10.5. Europe Blockchain Government Market Value Share Analysis, by Applications 10.6. Europe Blockchain Government Market Forecast, by Applications 10.6.1. Payments 10.6.2. Identity Management 10.6.3. Smart Contracts 10.6.4. Asset Registry 10.6.5. Voting 10.6.6. Others 10.7. Europe Blockchain Government Market Value Share Analysis, by Country 10.8. Europe Blockchain Government Market Forecast, by Country 10.8.1. Germany 10.8.2. U.K. 10.8.3. France 10.8.4. Italy 10.8.5. Spain 10.8.6. Rest of Europe 10.9. Europe Blockchain Government Market Analysis, by Country/ Sub-region 10.10. Germany Blockchain Government Market Forecast, by Providers 10.10.1. Application Providers 10.10.2. Infrastructure Providers 10.10.3. Middleware Providers 10.11. Germany Blockchain Government Market Forecast, by Applications 10.11.1. Payments 10.11.2. Identity Management 10.11.3. Smart Contracts 10.11.4. Asset Registry 10.11.5. Voting 10.11.6. Others 10.12. U.K. Blockchain Government Market Forecast, by Providers 10.12.1. Application Providers 10.12.2. Infrastructure Providers 10.12.3. Middleware Providers 10.13. U.K. Blockchain Government Market Forecast, by Applications 10.13.1. Payments 10.13.2. Identity Management 10.13.3. Smart Contracts 10.13.4. Asset Registry 10.13.5. Voting 10.13.6. Others 10.14. France Blockchain Government Market Forecast, by Providers 10.14.1. Application Providers 10.14.2. Infrastructure Providers 10.14.3. Middleware Providers 10.15. France Blockchain Government Market Forecast, by Applications 10.15.1. Payments 10.15.2. Identity Management 10.15.3. Smart Contracts 10.15.4. Asset Registry 10.15.5. Voting 10.15.6. Others 10.16. Italy Blockchain Government Market Forecast, by Providers 10.16.1. Application Providers 10.16.2. Infrastructure Providers 10.16.3. Middleware Providers 10.17. Italy Blockchain Government Market Forecast, by Applications 10.17.1. Payments 10.17.2. Identity Management 10.17.3. Smart Contracts 10.17.4. Asset Registry 10.17.5. Voting 10.17.6. Others 10.18. Spain Blockchain Government Market Forecast, by Providers 10.18.1. Application Providers 10.18.2. Infrastructure Providers 10.18.3. Middleware Providers 10.19. Spain Blockchain Government Market Forecast, by Applications 10.19.1. Payments 10.19.2. Identity Management 10.19.3. Smart Contracts 10.19.4. Asset Registry 10.19.5. Voting 10.19.6. Others 10.20. Rest of Europe Blockchain Government Market Forecast, by Providers 10.20.1. Application Providers 10.20.2. Infrastructure Providers 10.20.3. Middleware Providers 10.21. Rest of Europe Blockchain Government Market Forecast, by Applications 10.21.1. Payments 10.21.2. Identity Management 10.21.3. Smart Contracts 10.21.4. Asset Registry 10.21.5. Voting 10.21.6. Others 10.22. Europe Blockchain Government Market Attractiveness Analysis 10.22.1. By Providers 10.22.2. By Applications 10.23. PEST Analysis 11. Asia Pacific Blockchain Government Market Analysis 11.1. Key Findings 11.2. Asia Pacific Blockchain Government Market Overview 11.3. Asia Pacific Blockchain Government Market Value Share Analysis, by Providers 11.4. Asia Pacific Blockchain Government Market Forecast, by Providers 11.4.1. Application Providers 11.4.2. Infrastructure Providers 11.4.3. Middleware Providers 11.5. Asia Pacific Blockchain Government Market Value Share Analysis, by Applications 11.6. Asia Pacific Blockchain Government Market Forecast, by Applications 11.6.1. Payments 11.6.2. Identity Management 11.6.3. Smart Contracts 11.6.4. Asset Registry 11.6.5. Voting 11.6.6. Others 11.7. Asia Pacific Blockchain Government Market Value Share Analysis, by Country 11.8. Asia Pacific Blockchain Government Market Forecast, by Country 11.8.1. China 11.8.2. India 11.8.3. Japan 11.8.4. ASEAN 11.8.5. Rest of Asia Pacific 11.9. Asia Pacific Blockchain Government Market Analysis, by Country/ Sub-region 11.10. China Blockchain Government Market Forecast, by Providers 11.10.1. Application Providers 11.10.2. Infrastructure Providers 11.10.3. Middleware Providers 11.11. China Blockchain Government Market Forecast, by Applications 11.11.1. Payments 11.11.2. Identity Management 11.11.3. Smart Contracts 11.11.4. Asset Registry 11.11.5. Voting 11.11.6. Others 11.12. India Blockchain Government Market Forecast, by Providers 11.12.1. Application Providers 11.12.2. Infrastructure Providers 11.12.3. Middleware Providers 11.13. India Blockchain Government Market Forecast, by Applications 11.13.1. Payments 11.13.2. Identity Management 11.13.3. Smart Contracts 11.13.4. Asset Registry 11.13.5. Voting 11.13.6. Others 11.14. Japan Blockchain Government Market Forecast, by Providers 11.14.1. Application Providers 11.14.2. Infrastructure Providers 11.14.3. Middleware Providers 11.15. Japan Blockchain Government Market Forecast, by Applications 11.15.1. Payments 11.15.2. Identity Management 11.15.3. Smart Contracts 11.15.4. Asset Registry 11.15.5. Voting 11.15.6. Others 11.16. ASEAN Blockchain Government Market Forecast, by Providers 11.16.1. Application Providers 11.16.2. Infrastructure Providers 11.16.3. Middleware Providers 11.17. ASEAN Blockchain Government Market Forecast, by Applications 11.17.1. Payments 11.17.2. Identity Management 11.17.3. Smart Contracts 11.17.4. Asset Registry 11.17.5. Voting 11.17.6. Others 11.18. Rest of Asia Pacific Blockchain Government Market Forecast, by Providers 11.18.1. Application Providers 11.18.2. Infrastructure Providers 11.18.3. Middleware Providers 11.19. Rest of Asia Pacific Blockchain Government Market Forecast, by Applications 11.19.1. Payments 11.19.2. Identity Management 11.19.3. Smart Contracts 11.19.4. Asset Registry 11.19.5. Voting 11.19.6. Others 11.20. Asia Pacific Blockchain Government Market Attractiveness Analysis 11.20.1. By Providers 11.20.2. By Applications 11.21. PEST Analysis 12. Middle East & Africa Blockchain Government Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Blockchain Government Market Overview 12.3. Middle East & Africa Blockchain Government Market Value Share Analysis, by Providers 12.4. Middle East & Africa Blockchain Government Market Forecast, by Providers 12.4.1. Application Providers 12.4.2. Infrastructure Providers 12.4.3. Middleware Providers 12.5. Middle East & Africa Blockchain Government Market Value Share Analysis, by Applications 12.6. Middle East & Africa Blockchain Government Market Forecast, by Applications 12.6.1. Payments 12.6.2. Identity Management 12.6.3. Smart Contracts 12.6.4. Asset Registry 12.6.5. Voting 12.6.6. Others 12.7. Middle East & Africa Blockchain Government Market Value Share Analysis, by Country 12.8. Middle East & Africa Blockchain Government Market Forecast, by Country 12.8.1. GCC 12.8.2. South Africa 12.8.3. Rest of Middle East & Africa 12.9. Middle East & Africa Blockchain Government Market Analysis, by Country/ Sub-region 12.10. GCC Blockchain Government Market Forecast, by Providers 12.10.1. Application Providers 12.10.2. Infrastructure Providers 12.10.3. Middleware Providers 12.11. GCC Blockchain Government Market Forecast, by Applications 12.11.1. Payments 12.11.2. Identity Management 12.11.3. Smart Contracts 12.11.4. Asset Registry 12.11.5. Voting 12.11.6. Others 12.12. South Africa Blockchain Government Market Forecast, by Providers 12.12.1. Application Providers 12.12.2. Infrastructure Providers 12.12.3. Middleware Providers 12.13. South Africa Blockchain Government Market Forecast, by Applications 12.13.1. Payments 12.13.2. Identity Management 12.13.3. Smart Contracts 12.13.4. Asset Registry 12.13.5. Voting 12.13.6. Others 12.14. Rest of Middle East & Africa Blockchain Government Market Forecast, by Providers 12.14.1. Application Providers 12.14.2. Infrastructure Providers 12.14.3. Middleware Providers 12.15. Rest of Middle East & Africa Blockchain Government Market Forecast, by Applications 12.15.1. Payments 12.15.2. Identity Management 12.15.3. Smart Contracts 12.15.4. Asset Registry 12.15.5. Voting 12.15.6. Others 12.16. Middle East & Africa Blockchain Government Market Attractiveness Analysis 12.16.1. By Providers 12.16.2. By Applications 12.17. PEST Analysis 13. Latin America Blockchain Government Market Analysis 13.1. Key Findings 13.2. Latin America Blockchain Government Market Overview 13.3. Latin America Blockchain Government Market Value Share Analysis, by Providers 13.4. Latin America Blockchain Government Market Forecast, by Providers 13.4.1. Application Providers 13.4.2. Infrastructure Providers 13.4.3. Middleware Providers 13.5. Latin America Blockchain Government Market Value Share Analysis, by Applications 13.6. Latin America Blockchain Government Market Forecast, by Applications 13.6.1. Payments 13.6.2. Identity Management 13.6.3. Smart Contracts 13.6.4. Asset Registry 13.6.5. Voting 13.6.6. Others 13.7. Latin America Blockchain Government Market Value Share Analysis, by Country 13.8. Latin America Blockchain Government Market Forecast, by Country 13.8.1. Brazil 13.8.2. Mexico 13.8.3. Rest of Latin America 13.9. Latin America Blockchain Government Market Analysis, by Country/ Sub-region 13.10. Brazil Blockchain Government Market Forecast, by Providers 13.10.1. Application Providers 13.10.2. Infrastructure Providers 13.10.3. Middleware Providers 13.11. Brazil Blockchain Government Market Forecast, by Applications 13.11.1. Payments 13.11.2. Identity Management 13.11.3. Smart Contracts 13.11.4. Asset Registry 13.11.5. Voting 13.11.6. Others 13.12. Mexico Blockchain Government Market Forecast, by Providers 13.12.1. Application Providers 13.12.2. Infrastructure Providers 13.12.3. Middleware Providers 13.13. Mexico Blockchain Government Market Forecast, by Applications 13.13.1. Payments 13.13.2. Identity Management 13.13.3. Smart Contracts 13.13.4. Asset Registry 13.13.5. Voting 13.13.6. Others 13.14. Rest of Latin America Blockchain Government Market Forecast, by Providers 13.14.1. Application Providers 13.14.2. Infrastructure Providers 13.14.3. Middleware Providers 13.15. Rest of Latin America Blockchain Government Market Forecast, by Applications 13.15.1. Payments 13.15.2. Identity Management 13.15.3. Smart Contracts 13.15.4. Asset Registry 13.15.5. Voting 13.15.6. Others 13.16. Latin America Blockchain Government Market Attractiveness Analysis 13.16.1. By Providers 13.16.2. By Applications 13.17. PEST Analysis 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.3. Company Profiles: Key Players 14.3.1. SAP 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Business Strategy 14.3.1.4. Recent Developments 14.3.1.5. Voting Footprint 14.3.2. IBM Corporation 14.3.3. Microsoft Corporation 14.3.4. AWS 14.3.5. Oracle Corporation 14.3.6. Deloitte 14.3.7. Infosys 14.3.8. Intel 14.3.9. Accenture 14.3.10. Bitfury 14.3.11. Cegeka 14.3.12. Auzesis Group 15. Primary Key Insights