Blockchain Technology Market by End-user, Type, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 181 SKU: IRTNTR43773

Blockchain Technology Market Report 2023-2027:

The Global Blockchain Technology Market size is estimated to grow by USD 11,047.61 million accelerating at a CAGR of 32.72% between 2022 and 2027. The growth of the market depends on several factors, including increasing venture capital funding and investments in blockchain technology, easier access to technology, and disintermediation of banking services.

This market research and growth report extensively covers market segmentation by end-user (BFSI, government, healthcare, and others), type (private, public, and hybrid), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. 

What will be the Size of the Market During the Forecast Period?

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market Definition

The distributed ledger system known as the blockchain, which is cryptographically controlled, is mostly used to control online transactions. The development of distributed ledger technologies followed the introduction of cryptocurrencies like Bitcoin. BT was first used in the financial services industry. Right now, suppliers have created BT that may be used in a variety of business sectors, including healthcare.

Key Drivers, Trends, Challenges, and Customer Landscape

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Easier access to technology is a primary market driver. Blockchain technology is increasingly popular for its decentralized structure, transparency, and immutability. However, its technical complexity can hinder accessibility for newcomers. To address this, intuitive user interfaces can be designed, simplifying blockchain interaction for consumers without in-depth technical knowledge. Educational materials like webinars and tutorials can aid in understanding of blockchain's applications in real-world problem-solving. Collaborating with other entities allows stakeholders to develop user-friendly solutions, making blockchain widely available. These efforts are expected to drive growth in the global market during the forecast period.

Significant  Market Trends

The advent of artificial intelligence is a major trend propelling the growth of the market. The gradual integration of AI into blockchain technology has the potential to revolutionize its usage and interactions. Here are some instances of how AI is utilized in the blockchain:

  1. Smart Contracts: AI-powered smart contracts can automatically execute when specific criteria are met, enabling efficient management of complex business operations and decision-making.

  2. Predictive Analytics: AI can analyze vast amounts of data generated by blockchain networks, uncovering trends and patterns to forecast future behaviour. This aids decision-making in areas like risk assessment, supply chain management, and fraud detection.

  3. Privacy: AI enables selective information disclosure while preserving user anonymity during transactions, enhancing blockchain network privacy.

  4. Security: AI algorithms can detect and address potential security risks by examining network traffic and user behavior, bolstering overall network security.

With customers gaining easy access to comparison data and investors making more informed decisions, the widespread adoption of AI technology is expected to drive the growth of the global market during the forecast period.

Major Market Challenge

Security, privacy, and blockchain transaction concerns may impede market growth. The technology provides a secure and transparent platform for different types of transactions. However, there are concerns about security, privacy, and transaction validation. A network of nodes verifies and validates transactions on a blockchain, which makes it challenging for one group to control the system. Moreover, blockchain networks have faced attacks where a single party can modify transactions by controlling more than half of a network's computing power. In addition, there have been cases of digital assets being stolen.

Though this it offers a decentralized and transparent platform, there are several privacy issues. On a public blockchain, every user on the network can view transactions. Therefore, there is a need to strike a balance between transparency and privacy. Adequate regulations are required to guarantee the legitimacy of transactions. Therefore, it is important to ensure that transactions are accurately logged and timestamped. These factors are expected to challenge the growth of the global market during the forecast period.

Key Market Customer Landscape

The Market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Global market Customer Landscape

Blockchain Technology Market Segmentation

The market share growth by the BFSI segment will be significant during the forecast period. In the BFSI sector, blockchain is used to reduce fraud, execute smart contracts, process payments, and perform know-your-customer (KYC) due diligence. Many enterprises are implementing blockchain in post-trade settlement, payments, reference data, and trade finance. Factors such as a rise in efficiency from operational and labor cost savings can have a significant impact on the BFSI industry in the coming years.

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The BFSI segment was valued at USD 301.33 million in 2017 and continued to grow until 2021. Many financial institutions face fraud and theft issues annually. As most of these institutions function around a centralized database, hackers can easily retrieve data. As a result, banks lose billions of dollars every year due to fraudulent activities. It offers a distributed ledger where every connected block holds batches of individual transactions and contains a timestamp linked to the previous block. This service helps eliminate fraud. These factors will drive the growth of the BFSI segment during the forecast period.  

Blockchain Technology Regional Analysis

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North America is estimated to contribute 46% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America has been at the forefront of technological innovations and has a strong regulatory environment supporting blockchain development. The region has emerged as a key player in the global market, with the increasing adoption across industries. The financial sector has been one of the early adopters of in North America. The region has a robust and mature financial market, with a significant demand. Other industries, such as healthcare, supply chain, and logistics, have also adopted technology. Some of the leading blockchain companies, such as IBM, Deloitte, and Microsoft, are located in North America. They are investing significantly in blockchain technology and are developing innovative solutions for various industries. These factors will drive the growth of the market in North America during the forecast period. 

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Amazon.com Inc. - The company offers blockchain technology such as Amazon quantum ledger database.

The market growth analysis report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Accenture Plc
  • Amcon Soft
  • Ara Soft Group LLC
  • Capgemini Service SAS
  • Cargoledger
  • ConsenSys Software Inc.
  • Deloitte Touche Tohmatsu Ltd.
  • HCL Technologies Ltd.
  • Hewlett Packard Enterprise Co.
  • Huawei Technologies Co. Ltd.
  • Infosys Ltd.
  • Intel Corp.
  • International Business Machines Corp.
  • OpenLedger
  • Oracle Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The research market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • BFSI 
    • Government 
    • Healthcare 
    • Others 
  • Type Outlook (USD Million, 2017 - 2027)
    • Private 
    • Public 
    • Hybrid 
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Argentina 
      • Brazil
      • Chile

Market Scope

Report Coverage

Details

Page number

181

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 32.72%

Market growth 2023-2027

USD 11,047.61 million

Market structure

Fragmented

YoY growth 2022-2023(%)

30.56

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 46%

Key countries

US, Canada, China, UK, and Germany

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Accenture Plc, Amazon.com Inc., Amcon Soft, Ara Soft Group LLC, Capgemini Service SAS, Cargoledger, ConsenSys Software Inc., Deloitte Touche Tohmatsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Infosys Ltd., Intel Corp., International Business Machines Corp., OpenLedger, Oracle Corp., PixelPlex Ltd, SAP SE, Tata Sons Pvt. Ltd., and Wipro Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global blockchain technology market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global blockchain technology market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 BFSI - Market size and forecast 2022-2027
      • Exhibit 34: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on BFSI - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
    • 6.4 Government - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Government - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Government - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Government - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Government - Year-over-year growth 2022-2027 (%)
    • 6.5 Healthcare - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ million)
      • Exhibit 51: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 Private - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Private - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Private - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Private - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Private - Year-over-year growth 2022-2027 (%)
    • 7.4 Public - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Public - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Public - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Public - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Public - Year-over-year growth 2022-2027 (%)
    • 7.5 Hybrid - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Hybrid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Hybrid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Hybrid - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Hybrid - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 68: Market opportunity by Type ($ million)
      • Exhibit 69: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 Canada - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Accenture Plc
              • Exhibit 123: Accenture Plc - Overview
              • Exhibit 124: Accenture Plc - Business segments
              • Exhibit 125: Accenture Plc - Key offerings
              • Exhibit 126: Accenture Plc - Segment focus
            • 12.4 Amazon.com Inc.
              • Exhibit 127: Amazon.com Inc. - Overview
              • Exhibit 128: Amazon.com Inc. - Business segments
              • Exhibit 129: Amazon.com Inc. - Key news
              • Exhibit 130: Amazon.com Inc. - Key offerings
              • Exhibit 131: Amazon.com Inc. - Segment focus
            • 12.5 Capgemini Service SAS
              • Exhibit 132: Capgemini Service SAS - Overview
              • Exhibit 133: Capgemini Service SAS - Business segments
              • Exhibit 134: Capgemini Service SAS - Key news
              • Exhibit 135: Capgemini Service SAS - Key offerings
              • Exhibit 136: Capgemini Service SAS - Segment focus
            • 12.6 ConsenSys Software Inc.
              • Exhibit 137: ConsenSys Software Inc. - Overview
              • Exhibit 138: ConsenSys Software Inc. - Product / Service
              • Exhibit 139: ConsenSys Software Inc. - Key offerings
            • 12.7 Deloitte Touche Tohmatsu Ltd.
              • Exhibit 140: Deloitte Touche Tohmatsu Ltd. - Overview
              • Exhibit 141: Deloitte Touche Tohmatsu Ltd. - Business segments
              • Exhibit 142: Deloitte Touche Tohmatsu Ltd. - Key offerings
              • Exhibit 143: Deloitte Touche Tohmatsu Ltd. - Segment focus
            • 12.8 HCL Technologies Ltd.
              • Exhibit 144: HCL Technologies Ltd. - Overview
              • Exhibit 145: HCL Technologies Ltd. - Business segments
              • Exhibit 146: HCL Technologies Ltd. - Key news
              • Exhibit 147: HCL Technologies Ltd. - Key offerings
              • Exhibit 148: HCL Technologies Ltd. - Segment focus
            • 12.9 Huawei Technologies Co. Ltd.
              • Exhibit 149: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 150: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 151: Huawei Technologies Co. Ltd. - Key news
              • Exhibit 152: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 153: Huawei Technologies Co. Ltd. - Segment focus
            • 12.10 Infosys Ltd.
              • Exhibit 154: Infosys Ltd. - Overview
              • Exhibit 155: Infosys Ltd. - Business segments
              • Exhibit 156: Infosys Ltd. - Key news
              • Exhibit 157: Infosys Ltd. - Key offerings
              • Exhibit 158: Infosys Ltd. - Segment focus
            • 12.11 Intel Corp.
              • Exhibit 159: Intel Corp. - Overview
              • Exhibit 160: Intel Corp. - Business segments
              • Exhibit 161: Intel Corp. - Key news
              • Exhibit 162: Intel Corp. - Key offerings
              • Exhibit 163: Intel Corp. - Segment focus
            • 12.12 International Business Machines Corp.
              • Exhibit 164: International Business Machines Corp. - Overview
              • Exhibit 165: International Business Machines Corp. - Business segments
              • Exhibit 166: International Business Machines Corp. - Key news
              • Exhibit 167: International Business Machines Corp. - Key offerings
              • Exhibit 168: International Business Machines Corp. - Segment focus
            • 12.13 Oracle Corp.
              • Exhibit 169: Oracle Corp. - Overview
              • Exhibit 170: Oracle Corp. - Business segments
              • Exhibit 171: Oracle Corp. - Key news
              • Exhibit 172: Oracle Corp. - Key offerings
              • Exhibit 173: Oracle Corp. - Segment focus
            • 12.14 PixelPlex Ltd
              • Exhibit 174: PixelPlex Ltd - Overview
              • Exhibit 175: PixelPlex Ltd - Product / Service
              • Exhibit 176: PixelPlex Ltd - Key offerings
            • 12.15 SAP SE
              • Exhibit 177: SAP SE - Overview
              • Exhibit 178: SAP SE - Business segments
              • Exhibit 179: SAP SE - Key news
              • Exhibit 180: SAP SE - Key offerings
              • Exhibit 181: SAP SE - Segment focus
            • 12.16 Tata Sons Pvt. Ltd.
              • Exhibit 182: Tata Sons Pvt. Ltd. - Overview
              • Exhibit 183: Tata Sons Pvt. Ltd. - Business segments
              • Exhibit 184: Tata Sons Pvt. Ltd. - Key offerings
              • Exhibit 185: Tata Sons Pvt. Ltd. - Segment focus
            • 12.17 Wipro Ltd.
              • Exhibit 186: Wipro Ltd. - Overview
              • Exhibit 187: Wipro Ltd. - Business segments
              • Exhibit 188: Wipro Ltd. - Key news
              • Exhibit 189: Wipro Ltd. - Key offerings
              • Exhibit 190: Wipro Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 191: Inclusions checklist
                • Exhibit 192: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 193: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 194: Research methodology
                • Exhibit 195: Validation techniques employed for market sizing
                • Exhibit 196: Information sources
              • 13.5 List of abbreviations
                • Exhibit 197: List of abbreviations
              • Engineering and Research and Development Services

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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