AMA Research & Media LLP

Why Blockchain in Energy Market Fastest Growth Segment Should Surprise Us? Power Ledger, WePower UAB, LO3 Energy, GridPlus, the Sun Exchange

 

Edison, NJ -- (SBWIRE) -- 07/22/2019 -- AMA recently published a detailed study of over 180+ pages in its database on 'Blockchain in Energy' market covering interesting aspects of market with supporting development scenario ranging from 2013-2025. The study not just provides market size break-up by revenue and volume* for potential countries and important business segments but also commentary on trending factors, growth drivers. Profiled players in study from the coverage used under bottom-up approach are Power Ledger Pty Ltd (Australia), WePower UAB (Australia), LO3 Energy (United States), GridPlus, Inc (United States), BTL Group Ltd (Canada), The Sun Exchange (Pty) Ltd (South Africa), Conjoule GmbH (Germany), Enosi Foundation (Australia), Electron (Chaddenwych Services Limited), Accenture (Ireland).

Blockchain is an emerging technology that has drawn considerable interest from energy supply firms due to it enables innovative business solutions with smart contracts for the energy sector. Renewable energy sources are variable and it is difficult to predict as it totally depends upon the weather conditions. This raises the demand for better management solution and blockchain offers a better solution for the energy sector. Blockchain offers facilitate distributed transactions by removing central management results in blockchain could help to address the challenges faced by the energy management system. Furthermore, rising demand for blockchain due to benefits associated such as reduces operation cost, makes the business process simple and maintain transparency and immutability are driving the overall growth of the market. However, unpredictable climate condition, lack of skilled workforce, high security and privacy concern are limiting the overall growth of the market. Moreover, an increasing number of government initiatives, continuously investments and venture capital funding in blockchain technology would create a big opportunity for the market.

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Market Segmentation
by Application (Smart Contracts, Supply Chain Management, Exchanges, Payments, Governance, Risk, and Compliance Management, Documentation, Digital Identity, Others), Organization Size (Small and Medium Sized, Large Size), Technology Type (Private Blockchain, Public Blockchain, Hybrid Blockchain), Provider (Application Provider, Infrastructure Provider, Middleware Provider)

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What's Trending in Market:
Rising Adoption of Blockchain Solutions for Smart Contracts, Payments, and Digital Identities

Growth Drivers: Rising Demand of Blockchain due to Benefits Associate with Blockchain
Increasing Demand of Blockchain as it Reduces Operation Cost
Blockchain Technology Makes Business Process Simple and Maintain Transparency and Immutability

Restraints: Unpredictable Climate Condition
Lack of Skilled Workforce for Blockchain Technology

View Detailed Table of Content @ https://www.advancemarketanalytics.com/reports/65572-global-blockchain-in-energy-market-1

Country level Break-up includes:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)
Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)

Table of Contents
Global Blockchain in Energy Market Research Report
Chapter 1 Global Blockchain in Energy Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Blockchain in Energy Market Forecast

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