A blockchain is a decentralized digital ledger that can store information about every transaction that has taken place within the system. Blockchain for telecom solutions such as voicemail management and vulnerability scanning are driving the next generation of telecom industry’s transformation. By adopting Blockchain in Telecom, telecom companies can overcome one of the major challenges faced by them. Apart from providing higher security to their data, blockchain could also help telecom firms identify frauds and illegal usage of their network.
Highlighted with 87 tables and 90 figures, this 168-page report “Global Blockchain in Telecom Market 2020-2030 by Offering (Platform, Services), Type (Public, Private, Hybrid), Provider (Infrastructure, Middleware, Application), Application (OSS & BSS, Smart Contract, Identity, Payment, Connectivity), Organization Size (Large, SMEs), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global blockchain in telecom market and all its sub-segments through extensively detailed classifications.
Global blockchain in telecom market will reach $16.48 billion by 2030, growing by 62.8% annually over 2020-2030 amid the COVID-19 pandemic. The market is driven by the rising security concerns, high demand for fraud management, 5G implementation, and the increasing number of blockchain consortia.
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Premium primary and secondary information sources are used to create in-depth research and evaluation, with input coming from business specialists working throughout the value chain. The Blockchain in Telecom Market report uses studies from 2017 to 2019 as its foundation and uses 2019 as the base year for estimates for 2020 and forecasts from 2021 to 2030. (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
The following elements are identified and examined in-depth qualitative analyses:
Porter’s Five Forces: Market Structure, Growth Drivers, Obstacles and Challenges, Emerging Product Trends and Market Opportunities
By taking COVID-19 into consideration, the trend and prognosis for the global market are predicted with an upbeat, fair-minded, and cautious viewpoint. The worldwide blockchain in telecom market is quantified from all angles, including offering, type, provider, application, organisation size, and region, using the balanced (most likely) forecast.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Platform
• Services
o Technology Advisory and Consulting
o Deployment and Integration
o Support and Maintenance
Based on Type, the global Blockchain in Telecom Market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Public Blockchain
• Consortium or Hybrid Blockchain
• Private or Permission Blockchain
Based on Provider, the global Blockchain in Telecom Market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Infrastructure and Protocol Providers
o Communication Solution
o Cloud Storage Solution
o Processing Solution
o Security Protocol Solution
• Middleware Providers
o Blockchain API
o Encryption Solution
o Other Software Glue
• Application and Solution Providers
o Financial Application
o Non-financial Application
Based on Application, the global Blockchain in Telecom Market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Streamlining OSS and BSS Processes
• Smart Contract
• Identity and Fraud Management
• Payment and Billing
• Secure Connectivity
• Other Applications
Based on Organization Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Large Enterprises
• Small and Medium Enterprises (SMEs)
Key Players (this may not be a complete list and extra companies can be added upon request):
Amazon Web Services
Blockchain Foundry Inc.
Blockstream
Huawei Technologies Co., Ltd.
IBM Corporation
Microsoft Corporation
Oracle Corporation
SAP SE
ShoCard Inc. (Ping Identity)
Tbcasoft
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
