Blockchain in Energy Market Size, Share, and Trends Report 2023-2028

The latest research study Blockchain in Energy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 by IMARC Group, finds that theglobal blockchain energymarketsize reached US$ 897.5 Million in 2022. Looking forward, IMARC Group expects the market to reachUS$ 8,837.0 Million by 2028, exhibiting a growth rate (CAGR) of 41.70% during 2023-2028.

What isBlockchain in Energy?

Blockchain in energy represents a technology that enables energy distribution and facilitates transactions between generators and consumers. It includes replicated, distributed, and shared ledgers that securely keep digital transactions and assets without using a central authority. Blockchain in energy is widely used for automation, billing, sharing resources, trading, smart contracts, and digital identity. It is also used to manage government risk and compliance, supply chains, grids, and energy certificates. Blockchain in energy increases operating efficiencies, improves visibility, and streamlines regulatory reporting. It also reduces costs, improves trust, offers environmental sustainability, increases transparency, and provides enhanced control and security. As a result, blockchain in energy finds widespread applications across the power and oil and gas sectors.

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Blockchain in Energy Market Trends and Drivers:

The extensive utilization of this technology in smart grids to improve functionality, prevent failure, protect privacy, and manage transactions through intelligent contracts, owing to its decentralization, transparency, fault tolerance, and strong security, is among the primary factors. Besides this, the escalating demand for this technique to manage data, offer traceability, enable automated billing, and prevent unauthorized access is further augmenting the market growth. Moreover, the growing popularity of blockchain in the oil and gas industry to provide privacy, reduce settlement delays, and protect trade secrets is also catalyzing the global market.

Apart from this, the elevating requirement for this technology to manage distribution and provide real-time validation of the power source via certificates is acting as another significant growth-inducing factor. Additionally, the rising usage of this technique to enable peer-to-peer energy trading, allowing users to buy and sell power directly among each other through a secure ledger, is also stimulating the market growth. Furthermore, the launch of several policies by the government bodies to promote electricity saving is expected to bolster the blockchain in energy market in the coming years.

Blockchain in Energy Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Who are the key players in the Blockchain in Energy Market?

ConsenSys
Energy Web
Greeneum
International Business Machines Corporation
Ondiflo and Power Ledger Pty Ltd

The report has segmented the market on the basis of

Breakup by Component:

Platform
Services

Breakup by Type:

Private
Public

Breakup by Application:

Peer-To-Peer Transaction
Grid Transactions
Energy Financing
Electric Vehicle
Sustainability Attribution
Others

Breakup by End User:

Power
Oil and Gas

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porters Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Blockchain in Energy Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Platform
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Type
7.1 Private
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Public
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Peer-To-Peer Transaction
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Grid Transactions
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Energy Financing
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Electric Vehicle
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Sustainability Attribution
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by End User
9.1 Power
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Oil and Gas
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 ConsenSys
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Energy Web
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Greeneum
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 International Business Machines Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Ondiflo
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Power Ledger Pty Ltd
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio

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