What's driving the Blockchain Technology in the Energy Sector Market trends? IBM Corporation, Accenture, Oracle Corporation, Microsoft Corporation, Deloitte, Grid+, Nodalblock, SAP SE, Power Ledger Pty Ltd, Amazon Web Services, Inc.

Market Study Report LLC adds new research on Blockchain Technology in the Energy Sector market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Blockchain Technology in the Energy Sector market also includes an in-depth study of the industry competitive scenario.

The global blockchain technology in the energy sector market is anticipated to reach over USD 10,287 million by 2026 growing at a CAGR of 52.9% during the forecast period according to a new study published by The marker research report.

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Company Profiles

o Accenture
o Oracle Corporation
o Microsoft Corporation
o Deloitte
o IBM Corporation
o Grid+
o Nodalblock
o SAP SE
o Power Ledger Pty Ltd
o Amazon Web Services, Inc.

The report Blockchain Technology in the Energy Sector Market Share, Size, Trends, Industry Analysis Report By Type (Public, Private); By Application (Energy Trading, Grid Management, Supply Chain Management, Payment Schemes, Others); By End-User (Oil and Gas, Power, Others); By Regions, Segments & Forecast, 2018 - 2026 provides a comprehensive analysis of present market insights and future market trends.

Asia Pacific generated highest revenue in market in 2017. The rising security concerns with online transactions with high transaction speeds and immutability offered by blockchain technology boosts the growth of the market. Astronomical mobile broadband speeds and reduced costs of bandwidth and computing power boost the market growth in the region. The rising adoption of Blockchain-as-a -service, increasing trend of smart payments and contracts, and advances in technology are expected to offer growth during forecast period.

The key players in Blockchain Technology include Accenture, Oracle Corporation, Microsoft Corporation, Deloitte, IBM Corportaion, Grid+, NOdalblock, SAP SE, Power Ledger Pty. Ltd. and Amazon Web Services, Inc. The marker research report has segmented the global blockchain technology in the energy sector market on the basis of type, application, end-user and region

The private sector has dominated the global market in terms of revenue. Asia Pacific was the leading contributor to the global market revenue in 2017. The block chain technology is a cryptographically managed distributed ledger system on offer by vendors to industries engaged in the energy sector.

The block chain technology has come to the forefront with an increasing market for alternative cryptocurrencies coming into adoption thus boosting technology in the energy sector. Cryptocurrencies are finding favorable markets owing to high transaction speeds and immutability. The support factor for growth of cryptocurrencies is the rising penetration of mobile devices, increased mobile broadband speeds and reduced costs of bandwidth.

Rising investments by vendors taking equal part in success of this technology market coupled with primary advancements in broadband technology would accelerate growth of the technology in the energy sector market during forecast period. Emerging economies in the hope of reaping rich dividends express growing interest and with technological advancements are expected to provide stellar growth opportunities in the coming years.

The way blockchain technology in energy sector works is smart contracts are set that allows prosumers to feed surplus energy into the grid through a blockchain enabled meter. The electricity flow is automatically coded into the blockchain and algorithms compare buyers with sellers in real time.

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Blockchain Technology in Energy Sector Type Outlook

Public
Private

Blockchain Technology in Energy Sector Application Outlook

Energy Trading
Grid Management
Supply chain Management
Payment Schemes
Others

Blockchain Technology in Energy Sector End-User Outlook

Oil and Gas
Power
Others

Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Blockchain Technology In The Energy Sector Insights
4. Blockchain Technology In The Energy Sector Market Size and Forecast, 2017-2026 by Type
4.1. Key Findings
4.2. Public
4.3. Private
5. Blockchain Technology In The Energy Sector Market Size and Forecast, 2017-2026 by Application
5.1. Key Findings
5.2. Energy Trading
5.3. Grid Management
5.4. Supply Chain Management
5.5. Payment Schemes
5.6. Others
6. Blockchain Technology In The Energy Sector Market Size and Forecast, 2017-2026 by End-User
6.1. Key Findings
6.2. Oil and Gas
6.3. Power
6.4. Others
7. Blockchain Technology In The Energy Sector Market Size and Forecast, 2017-2026 by Region

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