The latest study released on the global ‘Blockchain in Telecom’ market by AMA Research evaluates market size, trend, and forecast to 2030. The ‘Blockchain in Telecom’ market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
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Some of the key players profiled in the study are:
AWS (United States), Guardtime (Estonia), IBM (United States), Microsoft (United States), SAP (Germany), Bitfury (United States), Cegeka (Netherlands), Clear (Singapore), Reply (Italy), ShoCard (United States), Abra (United States), Auxesis Group (India), Blockchain Foundry (Singapore), BlockCypher (United States), Blocko (South Korea), Blockpoint (United States), Blockstream (United States), Chain (United States), Filament (United States), Huawei (China), Oracle (United States)
Blockchain is currently one of the most talked-about technologies. Across industries, organizations are exploring blockchain’s potential impact in their space and how they can benefit from this emerging technology. The communications service provider (CSP) industry is no exception. The major driving factors in the market are increasing support for Operation Support System/Business Support System (OSS/BSS) processes, and rising security concerns among telcos. The blockchain in the telecom market is expected to grow in the future due to rising demand for the implementation of 5G.
In Oct 2019, TBCASoft, IBM, and SoftBank Corp. announced that they are entering into a strategic collaboration to support the transformation of the telecommunications industry that is intended to use cross-carrier blockchain technology designed to enable new synergies throughout the industry, provide new services to telecom carriers and their subscribers, and foster innovative business models.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Blockchain in Telecom Market various segments and emerging territory.
Influencing Market Trend
• Rising Use of Blockchain Technology for the Implementation of 5G
Market Drivers
• Increasing Support for OSS/BSS Processes
• Rising Security Concerns Among the Telecommunication Companies
Opportunities:
• Blockchain Technology Helps the Telecom Sector in Fraud Management
• Extensive Use of Blockchain Solutions in IoT Space
Challenges:
• Lack of Awareness of the Blockchain Technology in Various Region
• Lack of Understanding About the Blockchain Concept, Skill Sets, and Technical Knowledge
Analysis by Type (OSS/BSS Processes, Identity Management, Payments, Smart Contracts, Connectivity Provisioning, Others), Organisation Size (Large Enterprises, SMEs), Provider (Application Providers, Middleware Providers, Infrastructure Providers)
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The regional analysis of Global Blockchain in Telecom Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.
In Jan 2020, the Dixintong Technology Group confirmed a ground-breaking partnership with U.S./Asia-based Monsoon Blockchain, a leading cloud-storage technology company. The mega-deal has created the leading-edge provider in intelligent cloud optimization and cloud data storage. It is now the forerunner of innovation in the 5G, telecommunications, photonics, AI, and IoT industries on the blockchain in China.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/72642-global-blockchain-in-telecom-market?utm_source=OpenPR/utm_medium=Rahul
Highlights of the Report
• The future prospects of the global Blockchain in Telecom market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Blockchain in Telecom market.
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AMA Research & Media is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.
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This release was published on openPR.