Market Overview:
Blockchain in Telecommunication and Post Services Market is expected to grow at a CAGR of 42.83% in USD value 5.18 billion during the forecast period of 2020-2030.
Due to the increasing development of technology, several business players are adapting to new innovative ways to meet customer needs and increase market value in this competitive market. The Blockchain in Telecommunication and Post Services market is recently growing due to its protection and security to virtual consumers. The report explains the detailed market revenues, positions, and growth. The Blockchain in telecommunication and post services makes the consumers trust in the market and is very efficient. Blockchain communication and post services give a lot of benefits to the business, which can be growing factors for the marketing sector. It decreases the cost of operation and safety traction, and to secure data management of customers makes a useful market.
Regional Analysis:
The Blockchain in Telecommunication and Post Services market share and other details it becomes very clear that this the industry is notably working in four major regions of the world that is in North America, Asia Pacific, Europe, South America, the middle east and Africa. North America will contribute to the market at a high rate. The increasing use of the integrating digital and physical world via the internet and the increasing traction and popularity of mixed reality are major factors driving the market. Businesses in North America utilize sophisticated virtual reality and augmented reality to improve the company processes.
The key players of this market are Accenture Plc. (Ireland), Net scout (US), Nokia Corporation (Finland), Juniper Networks Inc. (US), Cisco Systems Inc. (US), HPE (US), Ericsson (Sweden), Huawei (China), SAS Institute Inc. (US), IBM Corporation (US), Sand Vine Corporation (Canada), Broadcom Limited (US), Inn wireless(South Korea), Actix (UK) and Microsoft Corporation (us), coin base (us), Atos SE (France), blockchain tech ltd. (Luxembourg), Earth port plc. (UK), and bit fury group (UK).
Key Players
Eminent players profiled in the global blockchain technology report include Deloitte Touche Tohmatsu Limited, IBM Corporation, Hewlett Packard, Enterprise Company, Accenture PLC, Infosys Limited, Cyber Infrastructure Pvt. Ltd, Solulab Inc., Empirica S.A, Microsoft Corporation, Oracle Corporation, and Amazon Web Services, Inc.
Industry Updates
Samsung SDS Co., an IT service unit of Samsung Group has come up with a web-based ‘paperless’ service which uses blockchain technology for preventing documents forgery. This service will allow safe management of different documents like certificates, consent agreements, and contracts through a connection with the API function of the company.
Microsoft Corporation offers opportunities for digital transformation, managed services, intellectual property, cloud solution providers, and others and holds 8% of the total market share.
Source:https://www.marketresearchfuture.com/reports/blockchain-telecommunication-post-services-market-6214
