Houston, TX -- (SBWIRE) -- 02/18/2019 -- "Blockchain supports energy trading across a wide range of commodity markets including crude oil, refined products, natural gas, and electric power. Within each business segment blockchain-powered solution can be deployed that produce, refine, distribute, and retail trade information related to pricing, position management, logistics, and risk reporting."

Worldwide Blockchain in Energy Utilities Market Analysis to 2025 is a specialized and in-depth study of the industry with a focus on the global market trend. The report aims to provide an overview of global Blockchain in Energy Utilities Market with detailed market segmentation by product/application and geography. This market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Blockchain in Energy Utilities players and offers key trends and opportunities in the Market.

The global Blockchain in Energy Utilities Market is estimated to grow from $210.4 million in 2019 to $3,460.4 million by 2025, growing at a CAGR of 60% during the forecast period 2019–2025.

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This market research report on analyzes the growth prospects for the key vendors operating in this market space including SAP SE, IBM Corporation, Microsoft Corporation, Infosys Limited, and HCL Technologies Limited

Blockchain innovation has a broad scope of use in energy and utilities. For instance, blockchain can assist users with making payment with cryptocurrency, to check exchanges, to close computerized contracts, to execute exchanges, among other applications. The evolution of technologies such as cloud computing, cognitive computing, and machine learning are paving the way for growth of Blockchain in Energy Utilities Market. Furthermore, the report provides details about the major challenges impacting the market growth.

In addition, it helps the venture capitalists in understanding the companies better and make informed decisions. The regions covered includes North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The revenue is generated mainly from North America, Europe, and Asia Pacific. North America is leading the market followed by Europe with Asia Pacific emerging in blockchain in energy utilities market.

Key insights of the report include:

-Applications – Grid management, Energy trading, Payment schemes, Supply chain and logistics, and Others.
-Industry Verticals – Power Sector and Oil & Gas Sector

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Key questions answered in the report include:

-What will the market size and the growth rate be in 2025?
-What are the key factors driving the global Blockchain in Energy Utilities Market?
-What are the key market trends impacting the growth of the global Blockchain in Energy Utilities Market?
-What are the challenges to market growth?
-Who are the key vendors in the global Blockchain in Energy Utilities Market?
-What are the market opportunities and threats faced by the vendors in the global Blockchain in Energy Utilities Market?
-Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
-What are the key outcomes of the five forces analysis of the global Blockchain in Energy Utilities Market?

This report provides an effective business outlook, different case studies from various top-level industry experts, business owners, and policymakers have been included to get a clear vision about business methodologies to the readers. SWOT and Porter's Five model have been used for analyzing the Blockchain in Energy Utilities Market on the basis of strengths, challenges and global opportunities in front of the businesses.

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