VoLTE a $280 Billion opportunity, Finds New Report

This report indicates that by 2021, VoLTE (Voice over LTE) subscriptions will account for more than $280 Billion in annual service revenue.

Powered by IMS (IP Multimedia Subsystem) architecture, VoLTE brings a host of benefits to operators ranging from the ability to refarm legacy 2G and 3G spectrum to offering their subscribers a differentiated service experience through capabilities such as HD voice and video telephony.

First deployed by South Korean operators in 2012, VoLTE is continuing to gain momentum globally. As of Q2’2018, more than 140 mobile operators have commercially launched VoLTE services, and several roaming and interoperability agreements are already in place.

Telecom & IT estimates that VoLTE service revenue will grow at a CAGR of approximately 30% between 2018 and 2021. By the end of 2021, VoLTE subscriptions will account for more than $280 Billion in annual service revenue. Although traditional voice services will constitute a major proportion of this figure, more than 16% of the revenue will be driven by voice based IoT applications, video calling and supplementary services.

The “VoLTE (Voice over LTE) Ecosystem: 2018 – 2030 – Opportunities, Challenges, Strategies & Forecasts” report presents an in-depth assessment of the VoLTE ecosystem including market drivers, challenges, enabling technologies, applications, key trends, standardization, regulatory landscape, mobile operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for VoLTE-capable device shipments, subscriptions, service revenue and infrastructure investments from 2018 till 2030. The forecasts cover 14 submarkets and 6 regions.

Spanning over 279 pages The VoLTE (Voice over LTE) Ecosystem: 2018 – 2030 – Opportunities, Challenges, Strategies & Forecasts” report covers Introduction, Executive Summary, An Overview of VoLTE, Standardization, Regulatory & Collaborative Initiatives, VoLTE Deployment Case Studies, Industry Roadmap & Value Chain, Key Ecosystem Players, Market Sizing & Forecasts, Conclusion, Key Trends & Strategic Recommendations. This report Covered 203 Companies few are – Foxconn Technology Group, Fraunhofer IIS (Institute for Integrated Circuits), Fujitsu, GCT Semiconductor, Gemalto, GENBAND, Gigamon, GL Communications, Google, GSMA, Hitachi.

Please visit this link for more details: http://mrr.cm/U89

Find all Telecom Reports at: https://www.marketresearchreports.com/telecom

About Market Research Reports, Inc.

Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Global Managed Wi-Fi Solutions 2018 Market Report; Launched via MarketResearchReports.com

Managed Wi-Fi Solutions Report by Material, Application, and Geography – Global Forecast to 2022 is a professional and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).

The report firstly introduced the Managed Wi-Fi Solutions basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The report includes six parts, dealing with:

1.) basic information;

2.) the Asia Managed Wi-Fi Solutions Market;

3.) the North American Managed Wi-Fi Solutions Market;

4.) the European Managed Wi-Fi Solutions Market;

5.) market entry and investment feasibility;

6.) the report conclusion.

Spanning over 163 pages Global Managed Wi-Fi Solutions Market Research Report 2018” report covers Managed Wi-Fi Solutions Industry Overview, Asia Managed Wi-Fi Solutions Industry, North American Managed Wi-Fi Solutions Industry, Europe Managed Wi-Fi Solutions Industry Analysis, Managed Wi-Fi Solutions Marketing Channels and Investment Feasibility, Global Managed Wi-Fi Solutions Industry Conclusions.

Please visit this link for more details: http://mrr.cm/UXP

Find all Telecom Reports at: https://www.marketresearchreports.com/telecom

Other Reports:

Global Service Procurement Market Research Report 2018 – Visit at – http://mrr.cm/UXA

Global Telecom System Integration Market Research Report 2018 – Visit at – http://mrr.cm/UXd

About Market Research Reports, Inc.

Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Global Communication for Self-Service Procurement 2018 Market Report; Launched via MarketResearchReports.com

Communication for Self-Service Procurement Report by Material, Application, and Geography – Global Forecast to 2022 is a professional and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).

The report firstly introduced the Communication for Self-Service Procurement basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The report includes six parts, dealing with:

1.) basic information;

2.) the Asia Communication for Self-Service Procurement Market;

3.) the North American Communication for Self-Service Procurement Market;

4.) the European Communication for Self-Service Procurement Market;

5.) market entry and investment feasibility;

6.) the report conclusion.

Spanning over 163 pages Global Communication for Self-Service Procurement Market Research Report 2018” report covers Communication for Self-Service Procurement Industry Overview, Asia Communication for Self-Service Procurement Industry, North American Communication for Self-Service Procurement Industry, Europe Communication for Self-Service Procurement Industry Analysis, Global Communication for Self-Service Procurement Industry Conclusions.

Please visit this link for more details: http://mrr.cm/UXQ

Find all Telecom Reports at: https://www.marketresearchreports.com/telecom

Other Reports:

Global Service Procurement Market Research Report 2018 – Visit at – http://mrr.cm/UXA

Global Telecom System Integration Market Research Report 2018 – Visit at – http://mrr.cm/UXd

About Market Research Reports, Inc.

Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Global and Chinese Server Processors Industry, 2018 Market Report; Launched via MarketResearchReports.com

The ‘Global and Chinese Server Processors Industry, 2013-2023 Market Research Report’ is a professional and in-depth study on the current state of the global Server Processors industry with a focus on the Chinese market. The report provides key statistics on the market status of the Server Processors manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail.

In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Server Processors industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

The report then estimates 2018-2023 market development trends of Server Processors industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Server Processors Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2023 global and Chinese Server Processors industry covering all important parameters.

Spanning over 144 pages Global and Chinese Server Processors Industry, 2018 Market Research Report” report covers Introduction of Server Processors Industry, Manufacturing Technology of Server Processors, Analysis of Global Key Manufacturers, 2013-2018 Global and Chinese Market of Server Processors, Market Status of Server Processors Industry, 2018-2023 Market Forecast of Global and Chinese Server Processors Industry, Analysis of Server Processors Industry Chain, Global and Chinese Economic Impact on Server Processors Industry, Market Dynamics of Server Processors Industry, Proposals for New Project, Research Conclusions of Global and Chinese Server Processors Industry.

Please visit this link for more details: http://mrr.cm/Usv

Find all Telecom Reports at: https://www.marketresearchreports.com/telecom

Other Reports;

Global and Chinese Videoconferencing Infrastructure Systems Industry, 2018 Market Research Report – Visit at – http://mrr.cm/Uek

Global and Chinese Smart Grid Networking Industry, 2018 Market Research Report – Visit at – http://mrr.cm/UeZ

About Market Research Reports, Inc.

Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Global and Chinese Satellite Telemetry Industry, 2018 Market Report; Launched via MarketResearchReports.com

The ‘Global and Chinese Satellite Telemetry Industry, 2013-2023 Market Research Report’ is a professional and in-depth study on the current state of the global Satellite Telemetry industry with a focus on the Chinese market. The report provides key statistics on the market status of the Satellite Telemetry manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail.

In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Satellite Telemetry industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

The report then estimates 2018-2023 market development trends of Satellite Telemetry industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Satellite Telemetry Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2023 global and Chinese Satellite Telemetry industry covering all important parameters.

Spanning over 139 pages Global and Chinese Satellite Telemetry Industry, 2018 Market Research Report” report covers Introduction of Satellite Telemetry Industry, Manufacturing Technology of Satellite Telemetry, Analysis of Global Key Manufacturers, 2013-2018 Global and Chinese Market of Satellite Telemetry, Market Status of Satellite Telemetry Industry, 2018-2023 Market Forecast of Global and Chinese Satellite Telemetry Industry, Analysis of Satellite Telemetry Industry Chain, Global and Chinese Economic Impact on Satellite Telemetry Industry, Market Dynamics of Satellite Telemetry Industry, Proposals for New Project, Research Conclusions of Global and Chinese Satellite Telemetry Industry.

Please visit this link for more details: http://mrr.cm/Ueo

Find all Telecom Reports at: https://www.marketresearchreports.com/telecom

Other Reports;

Global and Chinese Videoconferencing Infrastructure Systems Industry, 2018 Market Research Report – Visit at – http://mrr.cm/Uek

Global and Chinese Smart Grid Networking Industry, 2018 Market Research Report – Visit at – http://mrr.cm/UeZ

About Market Research Reports, Inc.

Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Global and Chinese Satellite Modems Industry, 2018 Market Report; Launched via MarketResearchReports.com

The ‘Global and Chinese Satellite Modems Industry, 2013-2023 Market Research Report’ is a professional and in-depth study on the current state of the global Satellite Modems industry with a focus on the Chinese market. The report provides key statistics on the market status of the Satellite Modems manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail.

In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Satellite Modems industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

The report then estimates 2018-2023 market development trends of Satellite Modems industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Satellite Modems Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2023 global and Chinese Satellite Modems industry covering all important parameters.

Spanning over 149 pages Global and Chinese Satellite Modems Industry, 2018 Market Research Report” report covers Introduction of Satellite Modems Industry, Manufacturing Technology of Satellite Modems, Analysis of Global Key Manufacturers, 2013-2018 Global and Chinese Market of Satellite Modems, Market Status of Satellite Modems Industry, 2018-2023 Market Forecast of Global and Chinese Satellite Modems Industry, Analysis of Satellite Modems Industry Chain, Global and Chinese Economic Impact on Satellite Modems Industry, Market Dynamics of Satellite Modems Industry, Proposals for New Project, Research Conclusions of Global and Chinese Satellite Modems Industry.

Please visit this link for more details: http://mrr.cm/UeJ

Find all Telecom Reports at: https://www.marketresearchreports.com/telecom

Other Reports;

Global and Chinese Satellite Communication Antenna Industry, 2018 Market Research Report – Visit at – http://mrr.cm/Ue3

Global and Chinese Voice and Data 3G Smartphone Industry, 2018 Market Research Report – Visit at – http://mrr.cm/UeU

About Market Research Reports, Inc.

Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Global and Chinese Telecom Network Management System Industry, 2018 Market Report; Launched via MarketResearchReports.com

The ‘Global and Chinese Telecom Network Management System Industry, 2013-2023 Market Research Report’ is a professional and in-depth study on the current state of the global Telecom Network Management System industry with a focus on the Chinese market. The report provides key statistics on the market status of the Telecom Network Management System manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail.

In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Telecom Network Management System industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

The report then estimates 2018-2023 market development trends of Telecom Network Management System industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Telecom Network Management System Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2023 global and Chinese Telecom Network Management System industry covering all important parameters.

Spanning over 140 pages Global and Chinese Telecom Network Management System Industry, 2018 Market Research Report” report covers Introduction of Telecom Network Management System Industry, Manufacturing Technology of Telecom Network Management System, Analysis of Global Key Manufacturers, 2013-2018 Global and Chinese Market of Telecom Network Management System, Market Status of Telecom Network Management System Industry, 2018-2023 Market Forecast of Global and Chinese Telecom Network Management System Industry, Analysis of Telecom Network Management System Industry Chain, Global and Chinese Economic Impact on Telecom Network Management System Industry, Market Dynamics of Telecom Network Management System Industry, Proposals for New Project, Research Conclusions of Global and Chinese Telecom Network Management System Industry.

Please visit this link for more details: http://mrr.cm/Uew

Find all Telecom Reports at: https://www.marketresearchreports.com/telecom

Other Reports;

Global and Chinese Satellite Communication Antenna Industry, 2018 Market Research Report – Visit at – http://mrr.cm/Ue3

Global and Chinese Voice and Data 3G Smartphone Industry, 2018 Market Research Report – Visit at – http://mrr.cm/UeU

About Market Research Reports, Inc.

Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Global Industrial Revolution: Market Shares, Strategy, and Forecasts 2018 to 2024; New Report Launched

Industrial Revolution: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024.  The 2018 study has 372 pages, 152 tables and figures.  The leading vendors in the New Industrial Revolution industry have invested in high-quality technology and processes to develop leading edge capability for smart devices, IoT, robots, and drones.

This study provides the bare outlines of 25 market segments, describing how the New Industrial Revolution will unfold. Each section provides a brief market description of market opportunity, market change, market forecasts, and market shares in many of the leading market segments impacted by the New Industrial Revolution. Rapid change in how business is conducted and how people are cared for is an exciting new development in business and industry.

Many trillion dollar markets are expected to develop. The companies that have stakes in the current industry sector will benefit greatly if they can keep up, if they can fund innovation at the pace needed to stay competitive and if they have mega data center IT that supports building innovative projects with a couple people in a few hours instead of a large team over several months.

An example is the smart manufacturing, industry 4.0, changes brought in part by robots and logistics automation. Manufacturing robots are being improved to make possible implementation of a series of automated operations that replace single step operations. The ability to provide operation of robotic sequential operations for manufacturing creates far more sophisticated automated workflow. The new industrial revolution brings unparalleled levels of automation and efficiency to every aspect of life. Every man, woman, and child will have a smart phone soon. Even babies like them. They represent a must have device, on hand all the time, even close at hand while we sleep.

The world is at the dawn of next generation of mobile networks, to be based on broadband. Networks bring broadband 5G that Is transformational. 5G is an innovation platform that enhances mobile connectivity of information. It enhances existing services by implementing automation of simple process. It opens capabilities for mechanical actuators that are managed automatically by sensors and information from Micro-Electro Mechanical sensors (MEMs).

Moving past a nefarious history, the blockchain market moves into rapid growth mode as the digital economy takes hold. As the banks and finance industry move into the modern age of real time transaction processing, blockchain is a core enabling technology. This market segment previously has been held back in part by the outdated aspects of the mainframe computing technology. Blockchain is spurred by more modern ways to manage global transactions across national borders from IBM, Microsoft, and Accenture.

Digital technology is dominant worldwide. The digital computer technology that managed data in batches is outdated, now digital data is managed in real time over the Internet. Blockchain brings digital technology into real time computing systems management. It has the ability to change all aspects of the digital economy, including conducting business, delivering healthcare, shopping, enhancing education and learning, entertainment, and staying connected with a social world.

Cryptocurrency is becoming increasingly popular. Distributed ledgers support the payment system for digital currency to operate in decentralized mode, by eliminating the need of intermediaries to centralize processing. It virtualizes tracking and trading anything of value via creating digital money. Credit cards become an essential part of the blockchain process.

Demand for robotic technology is growing among the largest users of IBM cloud capacity. IBM 60 cloud data centers see blockchain growing to be one of the top applications in use. IBM blockchain digital ledger market is growing rapidly, a much-needed event for big blue. IBM has been one of the key companies behind the Hyperledger consortium, a nonprofit open-source project that aims to create efficient standards for commercial use of blockchain technology.

Microsoft enterprise customers are making the transition to cloud services and blockchain on Azure. Modernizing transactions to digital economic collaboration support is key to success in modern business environments. Blockchain Cloud Service, helps customers extend existing applications like enterprise-resource management systems. Microsoft expanded its partnership with consortium R3 to make it easier for financial institutions to deploy blockchains in its Azure cloud.

According to Publisher, leader of the team that prepared the study, “The rise of many new trillion-dollar markets is unique in the history of capital experience. Economic activity in the world economies is set to experience tremendous growth, leveraging artificial intelligence technology sectors breaking the old slower growth trends and growing rapidly.”

New sectors grow at penetration rates, then slow to an average of 35% growth per year in very large segments, this is market growth at a pace that is unique. That trends of slow growth shifts with the new industrial revolution as many new sectors open opportunities within existing sectors that grow as fast as 100% per year. The world economy is forecast to accelerate in 2018, with global growth projected. The new industrial revolution is far different from the earlier industrial growth trajectories. Sectors impacted by the new industrial revolution grow rapidly and they grow big.

Spanning over 372 pages Industrial Revolution: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024” report covers New Industrial Revolution Executive Summary, New Industrial Revolution Market Description and Market Dynamics, New Industrial Revolution Market Shares and Forecasts, New Industrial Revolution Broadband Description, New Industrial Revolution: Trillion Dollar Markets Bring Time for Fairness and Integrity, New Industrial Revolution Selected Company Profiles.

Please visit this link for more details: http://mrr.cm/UMT

Find all Telecom Reports at: https://www.marketresearchreports.com/telecom

About Market Research Reports, Inc.

Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Private LTE & 5G network infrastructure a $5 Billion opportunity, Finds New Report

The latest research report indicates that annual investments in private LTE and 5G network infrastructure will exceed $5 Billion by 2021.

With the standardization of capabilities such as MCPTT (Mission-Critical PTT) by the 3GPP, LTE is increasingly being viewed as an all-inclusive critical communications platform for the delivery of multiple mission-critical services ranging from PTT group communications to real-time video surveillance, and organizations across the critical communications industry – from public safety agencies to railway operators – are making sizeable investments in private LTE and 5G-ready networks.

By providing authority over wireless coverage and capacity, private LTE and 5G networks can ensure guaranteed connectivity, while supporting a wide range of applications and usage scenarios. Small-scale private LTE and 5G-ready networks are also beginning to be deployed in industrial IoT (Internet of Things) settings – where LTE and 5G can fulfill the stringent reliability, availability and low latency requirements for connectivity in industrial control and automation systems, besides supporting mobility for robotics and machines.

In addition, with the emergence of capabilities such as multi-operator small cells and shared/unlicensed spectrum access schemes,  the use of private LTE and 5G networks – in enterprise buildings, campuses and public venues, for localized connectivity – is expected to grow significantly over the coming years.

Expected to surpass $2.5 Billion in annual spending by the end of 2018, private LTE and 5G networks are increasingly becoming the preferred approach to deliver wireless connectivity for critical communications, industrial IoT, enterprise & campus environments, and public venues.  SNS Telecom & IT estimates that the market will further grow at a CAGR of approximately 30% between 2018 and 2021, eventually accounting for more than $5 Billion by the end of 2021.

The “Private LTE & 5G Network Ecosystem: 2018 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” report presents an in-depth assessment of the private LTE and 5G network ecosystem including market drivers, challenges, enabling technologies, vertical market opportunities, applications, key trends, standardization, spectrum availability/allocation, regulatory landscape, deployment case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for private LTE and 5G network infrastructure investments from 2018 till 2030. The forecasts cover 3 submarkets, 10 vertical markets and 6 regions.

The report will be of value to current and future potential investors into the private LTE and 5G network ecosystem, as well as LTE/5G network infrastructure OEMs, critical communications organizations, vertical-domain specialists, mobile operators and other ecosystem players who wish to broaden their knowledge of the ecosystem.

For more details visit: http://mrr.cm/UAr

Browse more on https://www.marketresearchreports.com/4g-lte

About Market Research Reports, Inc.

Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global &regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

 

Global Blockchain Market is expected to reach $60.7 billion in 2024; Finds New Report

Blockchain: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024.  The 2018 study has 210 pages, 72 tables and figures.  The leading vendors in the Blockchain industry have invested in high-quality technology and processes to develop leading edge capability ising inhouse technology and technology provided by partners.  Worldwide markets are poised to achieve continuing growth as blockchain proves its value by managing digital transactions in real time across enterprise boundaries, encouraging collaborative business efforts. Lowering transaction management costs is a key benefit.

A $706 million market worldwide in 2017 after 10 years of being available, the blockchain market has evolved rather slowly. It’s biggest use has thus far been to hide the money of criminals and terrorists. After this inauspicious beginning, it is on the cusp of phenomenal growth, ready to reach $60 billion worldwide as it creates new digital economic infrastructure.

Moving past a nefarious history, the blockchain market moves into rapid growth mode as the digital economy takes hold. As the banks and finance industry move into the modern age of real time transaction processing, blockchain is a core enabling technology. This market segment previously has been held back in part by the outdated aspects of the mainframe computing technology. Blockchain is spurred by more modern ways to manage global transactions across national borders from IBM, Microsoft, and Accenture.

Blockchain is a type of distributed ledger system providing enhanced security to the real time digital economic process. Blockchain is comprised of blocks of digitally recorded data.

Demand for blockchain technology is growing everywhere, for example among the largest users of IBM cloud capacity to manage supply chains. 60 IBM cloud data centers see blockchain as the top application driving growth.

Digital technology is dominant worldwide. The old mainframe digital technology managed data in batches, now digital data is managed in real time over the Internet. Blockchain brings digital technology into real time computing systems management. It has the ability to change all aspects of the digital economy, including conducting business, delivering healthcare, shopping, enhancing education and learning, entertainment, and staying connected with a social world.

Recently, blockchain digital technology has evolved further to aid in conducting financial transactions. Online payments have gained huge traction. Card based payment methods, credit and debit cards have become dominant. Blockchain supports all these changes by creating increased speed of transaction processing and greater efficiency in real time processing.

Cryptocurrency is becoming increasingly popular. Distributed ledgers support the payment system for digital currency to operate in decentralized mode, by eliminating the need of intermediaries to centralize processing. Distributed ledger technology further enables tracking of financial transactions.

It virtualizes tracking and trading anything of value via creating digital money. Credit cards become an essential part of the blockchain process. Blockchain provides a robust environment for secure data sharing in real-time. Blockchain is a type of distributed ledger system providing enhanced security to the real time digital economic process. Blockchain is comprised of blocks of digitally recorded data, creating a distributed ledger. There are many different types of distributed ledger systems, each obeying its own security and privacy levels.

Demand for blockchain technology is growing among the largest users of IBM cloud capacity. IBM 60 cloud data centers see blockchain growing to be one of the top applications in use. IBM blockchain digital ledger market is growing rapidly, a much-needed event for big blue. IBM has been one of the key companies behind the Hyperledger consortium, a nonprofit open-source project that aims to create efficient standards for commercial use of blockchain technology.

Microsoft enterprise customers are making the transition to cloud services and blockchain on Azure. Modernizing transactions to digital economic collaboration support is key to success in modern business environments. Blockchain Cloud Service, helps customers extend existing applications like enterprise-resource management systems. Microsoft expanded its partnership with consortium R3 to make it easier for financial institutions to deploy blockchains in its Azure cloud.

The global market for blockchain at $708 million in 2017 is anticipated to reach $60.7 billion in 2024. IBM and Microsoft are driving blockchain as their clients are making the transition to cloud services. Accenture has measurable market share as well.

Spanning over 210 pages Blockchain: Market Shares, Strategies, and Forecasts,Worldwide, 2018 to 2024” report covers Blockchain Executive Summary, Blockchain: Market Description And Market Dynamics, Blockchain Market Shares And Forecasts, Blockchain Product Description, Blockchain Research And Technology, Blockchain Company Profiles.

Please visit this link for more details: http://mrr.cm/UMq

Find all Telecom Reports at: https://www.marketresearchreports.com/telecom

About Market Research Reports, Inc.

Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.