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Pulished Date February, 2020
ID: 8525
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Blockchain in Telecom Market by Provider (Application Providers, Middleware Providers, and Infrastructure Providers), Application (OSS/BSS Processes, Identity Management, Connectivity Provisioning), Organization Size & by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2019 - 2024)

Pulished: February, 2020
ID: 8525
Pages: 170

Blockchain in Telecom Market Size and Growth (2019 – 2024)

Blockchain in telecom market size was around USD 32.68 million in 2019 and is now estimated to reach USD 960.82 million by 2024, growing enormously at a growth rate of 81.34% in terms of CAGR during the forecast period of 2019-2024.

Blockchain in Telecom Market Drivers & Restraints:

The market is growing mainly because of the significant presence and existence of several various telecommunication operators who have skilfully adopted the art of utilizing the blockchain technology to reduce identity, happening of fraud and improve the customer experience. Besides, the market is also receiving support as a result of increased venture capital funding, a significant increase in the number of start-ups entering the market, and the willingness of governments to regulate the blockchain. However, the main factor limiting blockchain growth in the telecommunications market is the growing concern about the authenticity of users, the uncertain status of regulations, and the lack of common standards. Besides, the restriction imposed by government agencies on the adoption of blockchain technology and the lack of common standards may hinder the market growth.

Recent Industry Developments

April 2018: SK Telecom, the largest telecommunications operator in South Korea, has announced it would provide services relating to asset management using blockchain technologies and create a platform for matching growing blockchain start-up companies and investors for the growth of technology and the associated sector.

August 2018: The Carrier Blockchain Study Group (CBSG) announced that Axiata, PLDT, PT. Telin, Turkcell, Viettel, and the Zain Group have agreed to jointly explore and build a multi-operator global cross-carrier platform and ecosystem.

March 2017: The technology giant IBM has made a collaboration announcement with European banks to set up a platform for financial negotiations and trading based on blockchain technology.

Recently, Ripple Foundation has taken over XRP (the best-performing crypto in 2017) and has signed a contract with the largest banks to offer Ripple products. This will pave the way for the integration of cryptos in the banking sector. Binance, which has covered several countries to position itself as a global leader, has announced its intention to launch a beta version of its decentralized exchange (DEX) in early 2019. This, they say, is in anticipation of the development of portfolios of a guard that they feel are inevitable in the future. Custody portfolios will enable P2P commerce while continuing to deliver channel chain transactions. Meanwhile, heavyweights such as IBM, Starbucks, and International Exchange (IEC), started accepting crypto payments on their platforms.

The global blockchain in telecom market research report is segmented and sub-segmented as follows:

Blockchain in Telecom Market - By Provider

  • Application Providers
  • Middleware Providers
  • Infrastructure Providers

Blockchain in Telecom Market - Application

  • OSS/BSS Processes
  • Identity Management
  • Connectivity Provisioning
  • Payments
  • Smart contracts

Blockchain in Telecom Market - By Organization Size

  • SMEs
  • Large-scale enterprises

Blockchain in Telecom Market - By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

North America dominates the global telecom blockchain market, followed by Asia Pacific, which is growing rapidly at a faster pace registering some high growth rates during the forecast period.

Key Market Players:

The major blockchain in telecom market vendors include AWS (US), Guardtime (Estonia), IBM (US), Microsoft (US), SAP (Germany), Bitfury (US), Cegeka (Netherlands), Clear (Singapore), Reply (Italy), ShoCard (US), Abra (US), Auxesis Group (India), Blockchain Foundry (Singapore), BlockCypher (US), Blocko (South Korea), Blockpoint (US), Blockstream (US), Chain (US), Filament (US), Huawei (China), Oracle (US), RecordsKeeper (Spain), Sofocle (India), SpinSys (US), and TBCASoft (US).

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Blockchain in Telecom Market, By Provider                  

                                6.1.1 Application Providers         

                                6.1.2 Middleware Providers       

                                6.1.3 Infrastructure Providers    

                                6.1.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.5 Y-o-Y Growth Rate Analysis             

                                6.1.6 Market Attractiveness Index          

                6.2 Blockchain in Telecom Market, By Application                             

                                6.2.1 OSS/BSS Processes              

                                6.2.2 Identity Management        

                                6.2.3 Connectivity Provisioning 

                                6.2.4 Payments

                                6.2.5 Smart Contracts    

                                6.2.6 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.7 Y-o-Y Growth Rate Analysis             

                                6.2.8 Market Attractiveness Index          

                6.3 Blockchain in Telecom Market, By Organization Size                 

                                6.3.1 SMEs         

                                6.3.2 Large-scale enterprises     

                                6.3.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.4 Y-o-Y Growth Rate Analysis             

                                6.3.5 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Provider             

                                7.2.3 By Application        

                                7.2.4 By Organization Size            

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Provider             

                                7.3.3 By Application        

                                7.3.4 By Organization Size            

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Provider             

                                7.4.3 By Application        

                                7.4.4 By Organization Size            

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Provider             

                                7.5.3 By Application        

                                7.5.4 By Organization Size            

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Provider             

                                7.6.3 By Application        

                                7.6.4 By Organization Size            

8. Key Player Analysis                                    

                8.1 AWS                              

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Guardtime                  

                8.3 IBM                

                8.4 Microsoft                    

                8.5 SAP                

                8.6 Bitfury                          

                8.7 Cegeka                         

                8.8 Clear                              

                8.9 Reply                             

                8.10 ShoCard                     

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global,Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of by provider,,by application,by region, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Blockchain in Telecom  Market By Region, From 2019-2024 ( USD Million )
  2. Global Blockchain in Telecom  Market By Provider, From 2019-2024 ( USD Million )
  3. Global Application Providers Market By Region, From 2019-2024 ( USD Million )
  4. Global Middleware Providers Market By Region, From 2019-2024 ( USD Million )
  5. Global Infrastructure Providers Market By Region, From 2019-2024 ( USD Million )
  6. Global Blockchain in Telecom  Market By Application, From 2019-2024 ( USD Million )
  7. Global OSS/BSS Processes Market By Region, From 2019-2024 ( USD Million )
  8. Global Identity Management Market By Region, From 2019-2024 ( USD Million )
  9. Global Connectivity Provisioning Market By Region, From 2019-2024 ( USD Million )
  10. Global Payments Market By Region, From 2019-2024 ( USD Million )
  11. Global Smart Contracts Market By Region, From 2019-2024 ( USD Million )
  12. Global Blockchain in Telecom  Market By Organization Size, From 2019-2024 ( USD Million )
  13. Global SMEs Market By Region, From 2019-2024 ( USD Million )
  14. Global Large-scale enterprises Market By Region, From 2019-2024 ( USD Million )

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