The blockchain in energy market in the North American region is set to garner a CAGR of 57.69% during the forecast period. The increasing adoption of blockchain in the energy sector and the rising investments are the primary factors influencing the growth of the market. The market for blockchain in energy market in North America is segregated into the United States and Canada for further analysis. The US region has the unwavering support of its government ,which has resulted in the significant growth of the market in the region. The investments made by the government organizations in the startups for further developments aid market growth. The strategic initiative by companies with regards to the development of blockchain is securing distributed energy resource as well as increasing integrity in complex energy exchange.
NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET FORECAST 2019-2024
North America Blockchain in Energy Market by End User (Power, Oil & Gas) by Type (Private, Public) by Application (Payments, Smart Contracts, Grid Management, Other Application) by Geography.
The blockchain in energy market in the North American region is set to garner a CAGR of 57.69% during the forecast period. The increasing adoption of blockchain in the energy sector and the rising investments are the primary factors influencing the growth of the market.
The market for blockchain in energy market in North America is segregated into the United States and Canada for further analysis. The US region has the unwavering support of its government ,which has resulted in the significant growth of the market in the region. The investments made by the government organizations in the startups for further developments aid market growth. The strategic initiative by companies with regards to the development of blockchain is securing distributed energy resource as well as increasing integrity in complex energy exchange. The Canadian region boasts of prosperous cryptocurrency and blockchain industries as a result of reduced energy costs, favorable regulations, and high internet speeds. The climatic conditions in the region are conducive to activities like mining. This is because of the cold temperatures and reduced energy costs. The conduct of varied activities and projects for several industries with regard to the blockchain is another factor pushing the growth of the market.
One of the eminent players of the market, the International Business Machine Corporation, is an integrated technology and services company having worldwide reach. The company operates through numerous segments. The company has its headquarters in Armonk. New York.
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- RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- STUDY AND FORECASTING YEARS
- RESEARCH METHODOLOGY
- SOURCES OF DATA
- SECONDARY DATA
- PRIMARY DATA
- TOP-DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- SOURCES OF DATA
- EXECUTIVE SUMMARY
- MARKET SUMMARY
- KEY FINDINGS
- PRIVATE SECTOR IS FASTEST GROWING IN TYPE
- OIL & GAS IS FASTEST GROWING END USER
- MARKET DYNAMICS
- MARKET SCOPE & DEFINITION
- MARKET DRIVERS
- INCREASING NEED FOR PEER TO PEER TRADING AND VARIABLE RATES OF ELECTRICITY
- INCREASING INVESTMENTS BY VENTURE CAPITALISTS
- MARKET RESTRAINTS
- LEGAL AND REGULATORY FRAMEWORK
- AUTHENTICITY CONCERNS OF USERS
- MARKET OPPORTUNITIES
- INNOVATION ACROSS INTERNATIONAL TRADE AND SUPPLY CHAIN MANAGEMENT
- MARKET CHALLENGES
- LACK OF TECHNICAL UNDERSTANDING AND AWARENESS ABOUT THE BLOCKCHAIN TECHNOLOGY
- MARKET BY END USER
- POWER
- OIL & GAS
- MARKET BY TYPE
- PRIVATE
- PUBLIC
- MARKET BY APPLICATION
- PAYMENTS
- SMART CONTRACTS
- GRID MANAGEMENT
- OTHER APPLICATION
- KEY ANALYTICS
- PORTER’S FIVE FORCE MODEL
- THREAT OF NEW ENTRANTS
- THREAT OF SUBSTITUTE
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF BUYERS
- THREAT OF COMPETITIVE RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- PORTER’S FIVE FORCE MODEL
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- COMPANY PROFILES
- IBM CORPORATION
- MICROSOFT CORPORATION
- SAP SE
- ACCENTURE PLC
- INFOSYS LIMITED
- ORACLE
- ELECTRON (CHADDENWYCH SERVICES LIMITED)
- IMPACTPPA
- LO3 ENERGY INC.
- POWER LEDGER PTY LTD
- BTL GROUP LTD
- DRIFT MARKETPLACE INC.
- GREENEUM
- GRID SINGULARITY
TABLE LIST
TABLE 1: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY COUNTRY, 2019-2024 (IN $ MILLION)
TABLE 2: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY END USER, 2019-2024 (IN $ MILLION)
TABLE 3: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY TYPE, 2019-2024 (IN $ MILLION)
TABLE 4: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY APPLICATION, 2019-2024 (IN $ MILLION)
TABLE 5: OPPORTUNITY MATRIX
TABLE 6: VENDOR LANDSCAPE
TABLE 7: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY COUNTRY, 2019-2024 (IN $ MILLION)
FIGURE LIST
FIGURE 1: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY APPLICATION, 2018 & 2024 (IN %)
FIGURE 2: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY PRIVATE, 2019-2024 (IN $ MILLION)
FIGURE 3: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY OIL & GAS, 2019-2024 (IN $ MILLION)
FIGURE 4: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY POWER, 2019-2024 (IN $ MILLION)
FIGURE 5: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY OIL & GAS, 2019-2024 (IN $ MILLION)
FIGURE 6: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY PRIVATE, 2019-2024 (IN $ MILLION)
FIGURE 7: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY PUBLIC, 2019-2024 (IN $ MILLION)
FIGURE 8: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY PAYMENTS, 2019-2024 (IN $ MILLION)
FIGURE 9: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY SMART CONTRACTS, 2019-2024 (IN $ MILLION)
FIGURE 10: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY GRID MANAGEMENT, 2019-2024 (IN $ MILLION)
FIGURE 11: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, BY OTHER APPLICATION, 2019-2024 (IN $ MILLION)
FIGURE 12: PORTER’S FIVE FORCE ANALYSIS
FIGURE 13: NORTH AMERICA BLOCKCHAIN IN ENERGY MARKET, REGIONAL OUTLOOK, 2018 & 2024 (IN %)
FIGURE 14: UNITED STATES BLOCKCHAIN IN ENERGY MARKET, 2019-2024 (IN $ MILLION)
FIGURE 15: CANADA BLOCKCHAIN IN ENERGY MARKET, 2019-2024 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY END USER
- POWER
- OIL & GAS
- MARKET BY TYPE
- PRIVATE
- PUBLIC
- MARKET BY APPLICATION
- PAYMENTS
- SMART CONTRACTS
- GRID MANAGEMENT
- OTHER APPLICATION
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