Vancouver, BC -- (SBWIRE) -- 04/09/2021 -- The growth in demand for fast and secure online transactions, and the growing adoption of blockchain technology are driving the market demand.

The global DApps Market is forecasted to reach USD 368.25 Billion by 2027, according to a new report by Emergen Research. The DApps market is anticipated to expand significantly due to the growing rate of online gambling along with the need for a peer-peer transaction to reduce the chances of online payment breakdowns.

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The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The study offers a clear understanding of the current market scenario owing to the COVID-19 pandemic and offers a comprehensive analysis of the current and future impact of the pandemic on the overall market landscape. The economic landscape and the market environment have observed drastic changes due to the social restrictions and government-enforced lockdowns imposed to curb the spread of COVID-19.

Key Highlights From The Report

The E-Commerce industry is expected to grow at the fastest rate throughout the forecasted period, followed by the healthcare industry. Increasing usage of smart contracts and demand for the safer transaction process in the e-commerce business is fueling the DApps market. The healthcare industry will experience significant growth with 56.5% CAGR in the anticipated timeframe owing to features like data sharing through the DApps among hospitals and medical experts for better treatment of patients.

Escalating demand for more convenient business transaction management and acceptance of digitalization among several industries is propelling the DApps market in North America, which is expected to achieve a significant market share.

The Asia Pacific region is forecasted to grow with a substantial CAGR of 56.1% in the anticipated period due to the rising of blockchain services in the BFSI sector and growing interest of the government for growing research and regulatory approval of efficient payment process.

The leading developers in the market include ConsenSys, Blockchain Intelligence Group Inc., SoluLab Inc, Arctouch Inc, 10clouds, OpenLedger, Ionixx Technologies Private Limited, Hyperlink InfoSystem, Perfectial Group, Fueled Technologies Pvt. Ltd, and among others.

The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, R&D advancements, and industrial penetration.

To identify the key trends in the industry, click on the link below: https://www.emergenresearch.com/industry-report/dapps-market

Emergen Research has segmented the global dApps market based on blockchain, category, end-use industry, and region:

Type Blockchain (Revenue, USD Billion; 2017-2027)
EOS
TRON
Ethereum
IOST
Steem
Neo
Others

Category Outlook (Revenue, USD Billion; 2017-2027)
Gambling
Exchange
High-Risk
Game
Others

End-Use Industry Outlook (Revenue, USD Billion; 2017-2027)
E-Commerce
Healthcare
Transportation
Others

Objectives of the Report:

Study of the global DApps market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the DApps market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of DApps market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global DApps market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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DApps Market Segmentation by Regions:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. DApps Market Segmentation & Impact Analysis
4.1. DApps Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for fast and secure online transaction
4.2.2.2. The rapid adoption of blockchain technology
4.2.2.3. Low development cost
4.2.3. Market restraints analysis
4.2.3.1. Unavailability of KYC verification entities
4.2.3.2. Lack of third-party APIs
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

CONTINUED…!

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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