Blockchain in Energy Market, By Component (Platform and Services), By Application (Energy Trading, Payment Schemes, Grid Management, Supply Chain Management, Government Risk and Compliance Management, and Others (Distributed Energy Resources, Smart Charging, and Energy Commodity Trading)), By End user (Power and Oil and Gas), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) - Trends, Analysis, and Forecast till 2029

Report Code: PMI63419 | Publish Date: May 2023 | No. of Pages: 178

Global Blockchain In Energy Market Overview

Introduction:

Energy firms, startups, IT developers, financial organisations, national governments, and academia are all interested in blockchains, often referred to as distributed ledgers, which is a new technology. According to various authorities from these backgrounds, blockchains have the potential to offer significant advantages and innovation. Blockchains promise open, unbreakable, and secure platforms when used with smart contracts, which can lead to innovative business solutions. System architectures and distributed consensus techniques are the underlying tenets that underpin blockchain technology. Blockchain in Energy Market accounted for US$ 327.71 million in 2020 and is estimated to be US$ 1965.17 million by 2030 and is anticipated to register a CAGR of 19.8%.

Global Blockchain In Energy Market Dynamics

Blockchain technology has the potential to change the way the energy industry operates. The energy sector has been continuously spurred by innovations like rooftop solar, electric vehicles, and smart metres. With smart contracts and system interoperability, the Enterprise Ethereum blockchain now positions itself as the newest emerging technology to propel growth in the energy sector. Two of the many blockchain use cases that are frequently overlooked are energy and sustainability. Consequently, the energy business is driving the blockchain.

Global Blockchain In Energy Market Segmentation

 

Source: Prophecy Market Insights

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Global Blockchain in Energy Market is segmented based on component, application, end-user and region. On the basis of component, the Global Blockchain in Energy Market is segmented into platform and services. On the basis of application, the Global Blockchain in Energy Market is segmented into Energy Trading, Payment Schemes, Grid Management, Supply Chain Management, Government Risk and Compliance Management, and Others (Distributed Energy Resources, Smart Charging, and Energy Commodity Trading). On the basis of end-user, the Global Blockchain in Energy Market is segmented into Power and Oil and Gas.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On basis of region the Global Blockchain in Energy Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. By the end of 2030, it is predicted that the European market would have generated approximately USD 11410 Million in sales

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020– 2030

Market representation

Revenue in USD Million & CAGR from 2020 to 2030

Market Segmentation

By Component Platform and Services

By Application – Energy Trading, Payment Schemes, Grid Management, Supply Chain Management, Government Risk and Compliance Management, and Others (Distributed Energy Resources, Smart Charging, and Energy Commodity Trading).  

By End-user Power and Oil and Gas

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

 

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Blockchain in Energy report based on test, application, and region.

Global Blockchain in Energy Market, By Component:

  • Platform
  • Services

Global Blockchain in Energy Market, By Application:

  • Energy Trading, Payment Schemes
  • Grid Management
  • Supply Chain Management
  • Government Risk and Compliance Management
  • Others (Distributed Energy Resources, Smart Charging, and Energy Commodity Trading)

Global Blockchain in Energy Market, By End-user:

  • Power
  • Gas and Oil

Global Blockchain in Energy Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Blockchain In Energy Market Key Players

The key players operating the Global Blockchain in Energy Market includes International Business Machines Corporation, SAP SE, Deloitte LLP, Accenture plc, Infosys Limited, BigchainDB GmbH, Oracle corporation, Power Ledger Pty Ltd., Microsoft Corporation, Amazon Web Services, Inc.

Global Blockchain In Energy Market Company Profile

  • International Business Machines Corporation*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SAP SE
  • Deloitte LLP
  • Accenture plc
  • Infosys Limited
  • BigchainDB GmbH
  • Oracle corporation
  • Power Ledger Pty Ltd.
  • Microsoft Corporation
  • Amazon Web Services, Inc.

 “*” marked represents similar segmentation in other categories in the respective section

Global Blockchain In Energy Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Blockchain in Energy Strategies
      • Key Questions this Study will Answer
        • By Component (Platform and Services),
        • By Application (Energy Trading, Payment Schemes, Grid Management, Supply Chain Management, Government Risk and Compliance Management, and Others (Distributed Energy Resources, Smart Charging, and Energy Commodity Trading)),
        • By End user (Power and Oil and Gas),
        • By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa)
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Blockchain in Energy Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • International Business Machines Corporation, SAP SE, Deloitte LLP, Accenture plc, Infosys Limited, BigchainDB GmbH, Oracle corporation, Power Ledger Pty Ltd., Microsoft Corporation, Amazon Web Services, Inc.

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Global Blockchain in Energy Market report segments the market basis of component, application, end user, and region.

Energy and sustainability are two of the many use cases for blockchain that are often neglected.Hence, driving the blockchain in energy market.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

The leading players operating in the Global Blockchain in Energy Market includes International Business Machines Corporation, SAP SE, Deloitte LLP, Accenture plc, Infosys Limited, BigchainDB GmbH, Oracle corporation, Power Ledger Pty Ltd., Microsoft Corporation, Amazon Web Services, Inc.