Latest publication on ‘Global Blockchain in Telecom Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027’ is added in HTF MI research reporsitory provides in-depth analysis, Competitive scenario, and future market trends and strategies. The regional analysis includes countries like USA, Germany, China, France, Japan, South Korea, UK, BeNeLux, Nordic Nations, Middle East &. The Market has witnessed continuous growth in the past few years and is projected to see some stability post Q2,2020 and may grow further during forecast year 2021-2026.
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Global Blockchain in Telecom Market Overview:
Blockchain is currently one of the most talked-about technologies. Across industries, organizations are exploring blockchain’s potential impact in their space and how they can benefit from this emerging technology. The communications service provider (CSP) industry is no exception. The major driving factors in the market are increasing support for Operation Support System/Business Support System (OSS/BSS) processes, and rising security concerns among telcos. The blockchain in the telecom market is expected to grow in the future due to rising demand for the implementation of 5G. Some of the players profiled in the study are AWS (United States), Guardtime (Estonia), IBM (United States), Microsoft (United States), SAP (Germany), Bitfury (United States), Cegeka (Netherlands), Clear (Singapore), Reply (Italy), ShoCard (United States), Abra (United States), Auxesis Group (India), Blockchain Foundry (Singapore), BlockCypher (United States), Blocko (South Korea), Blockpoint (United States), Blockstream (United States), Chain (United States), Filament (United States), Huawei (China) and Oracle (United States).
On the basis of geography, the market of Blockchain in Telecom has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organisation Size, the sub-segment i.e. Large Enterprises will boost the Blockchain in Telecom market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Provider, the sub-segment i.e. Application Providers will boost the Blockchain in Telecom market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
Increasing Support for OSS/BSS Processes
Rising Security Concerns Among the Telecommunication Companies
Rising Use of Blockchain Technology for the Implementation of 5G
Rising Concerns Related to the Authenticity of Users
Lack of Common Standards and Regulatory Status
Blockchain Technology Helps the Telecom Sector in Fraud Management
Extensive Use of Blockchain Solutions in IoT Space
Lack of Awareness of the Blockchain Technology in Various Region
Lack of Understanding About the Blockchain Concept, Skill Sets, and Technical Knowledge
Key Market Developments:
In Jan 2020, the Dixintong Technology Group confirmed a ground-breaking partnership with U.S./Asia-based Monsoon Blockchain, a leading cloud-storage technology company. The mega-deal has created the leading-edge provider in intelligent cloud optimization and cloud data storage. It is now the forerunner of innovation in the 5G, telecommunications, photonics, AI, and IoT industries on the blockchain in China.
In Oct 2019, TBCASoft, IBM, and SoftBank Corp. announced that they are entering into a strategic collaboration to support the transformation of the telecommunications industry that is intended to use cross-carrier blockchain technology designed to enable new synergies throughout the industry, provide new services to telecom carriers and their subscribers, and foster innovative business models.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Telecom Vendors, Communication Service Providers (CSPs), Blockchain Technology Vendors, Consulting Firms, System Integrators, Value-added Resellers (VARs) and Information Technology (IT) Agencies
Major Objectives Focused through this Study
• To define, describe, and forecast the Global Blockchain in Telecom market on the basis of product [OSS/BSS Processes, Identity Management, Payments, Smart Contracts, Connectivity Provisioning and Others] , application [Small and Medium-Sized Enterprises and Large Enterprises], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Blockchain in Telecom market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
• To strategically profile the key players and analyzing their market shares and core competencies in the Blockchain in Telecom industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are RecordsKeeper (Spain), Sofocle (India), SpinSys (United States) and TBCASoft (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Blockchain in Telecom market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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Strategic Points Covered in Table of Content of Global Blockchain in Telecom Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Blockchain in Telecom Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic information of the Global Blockchain in Telecom Market Insights by Application, Product Type, Competitive Landscape
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/3249567-global-blockchain-in-telecom-market-6
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