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Blockchain IoT market is expected to grow at a CAGR of 70%-72% – An exclusive market research report by Lucintel

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Blockchain IoT market is expected to grow at a CAGR of 70%-72% – An exclusive market research report by Lucintel

June 11
17:10 2021
Blockchain IoT market is expected to grow at a CAGR of 70%-72% - An exclusive market research report by Lucintel

Trends and Forecast for the Global Blockchain IoT Market
Trends, opportunities and forecast in blockchain IoT market to 2025 by offering (hardware, software, and infrastructure providers), end use industry (energy and utility, transportation and logistics, manufacturing, building management, healthcare, retail, wearable and mobile devices, smart cities, and others), application (smart contracts, data security, data communication/sharing, asset tracking and management, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)

Lucintel’s latest market report analyzed that blockchain IoT provides attractive opportunities in various end use industries, such as energy and utility, transportation and logistics, manufacturing, building management, healthcare, retail, wearable and mobile devices, and smart cities. The blockchain IoT market is expected to grow at a CAGR of 70%-72%. In this market, smart contract are the largest segment by application.

Download Brochure of this report by clicking on https://www.lucintel.com/blockchain-iot-market.aspx  

Based on application, the blockchain IoT market is segmented into smart contracts, data security, data communication/sharing, asset tracking and management, and others. The smart contracts segment accounted for the largest share of the market in 2020 because it offers benefits, such as providing security that is superior to traditional contract laws and reducing other transaction costs associated with contracting.

Browse in-depth TOC on “Blockchain IoT Market”

XX – Tables

XX – Figures

150 – Pages

The blockchain IoT market is marked by the presence of several big and small players. Some of the prominent players offering blockchain IoT include IBM, Microsoft, Intel, Amazon, Cisco Syste, Ethereum Foundation, The Linux Foundation, R3, Filament, and KrypC.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and         due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Media Contact
Company Name: Lucintel
Contact Person: Brandon Fitzgerald
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Phone: 303.775.0751
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Country: United States
Website: www.lucintel.com