Blockchain in Telecom Trends and Forecast
The future of blockchain in the global telecom market looks promising with opportunities in the OSS process, identity management, payments, smart contract, and connectivity provisioning markets. Blockchain in the global telecom market is expected to reach an estimated $4,891.1 million by 2030 with a CAGR of 55% from 2024 to 2030. The major drivers for this market are growing adoption of 5G technology, increasing support for business support systems (BSS) or operation support systems (OSS), and rising number of fraud in the telecommunications industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Blockchain in Telecom by Segment
The study includes a forecast for blockchain in the global telecom market by provider, organization size, application, and region
Blockchain in Telecom Market by Provider [Shipment Analysis by Value from 2018 to 2030]:
• Application Providers
• Middleware Providers
• Infrastructure Providers
Blockchain in Telecom Market by Organization Size [Shipment Analysis by Value from 2018 to 2030]:
• Large Enterprises
• SMEs
Blockchain in Telecom Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• OSS processes
• Identity Management
• Payments
• Smart Contracts
• Connectivity Provisioning
• Others
Blockchain in Telecom Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Blockchain Companies in Telecom Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies blockchain companies in telecom market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the blockchain companies in telecom market are profiled in this report include-
• AWS
• Guardtime
• IBM
• Microsoft
• Sap
• Bitfury
• Cegeka
• Clear
• Reply
• Shocard
Blockchain in Telecom Market Insights
Blockchain in Telecom Market Insights
Lucintel forecasts that application providers is expected to witness highest growth over the forecast period due to implementation of technological advancements.
Within this market, connectivity provisioning is expected to witness highest growth as it includes 5G, IoTconnectivity, and machine-to-machine connectivity.
North America will wemain the largest region over the forecast period due to growing adoption of advanced technology and the development of infrastructure in the region.
Features of Blockchain in the Global Telecom Market
Market Size Estimates: Blockchain in telecom market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Blockchain in telecom market size by provider, organization size, application, and region in terms of value ($M).
Regional Analysis: Blockchain in telecom market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different providers, organization size, applications, and regions for blockchain in the telecom market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of blockchain in the telecom market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is blockchain in the telecom market size?
Answer: Blockchain in the global telecom market is expected to reach an estimated $4,891.1 million by 2030.
Q.2 What is the growth forecast for blockchain in telecom market?
Answer: Blockchain in the global telecom market is expected to grow with a CAGR of 55% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of blockchain in the telecom market?
Answer: The major drivers for this market are growing adoption of 5G technology, increasing support for business support systems (BSS) or operation support systems (OSS), and rising number of fraud in the telecommunications industry.
Q4. What are the major segments for blockchain in the telecom market?
Answer: The future of blockchain in the global telecom market looks promising with opportunities in the OSS process, identity management, payments, smart contract, and connectivity provisioning markets.
Q5. Who are the key blockchain companies in telecom market?
Answer: Some of the key blockchain companies in telecom market are as follows:
• AWS
• Guardtime
• IBM
• Microsoft
• SAP
• Bitfury
• Cegeka
• Clear
• Reply
• ShoCard
Q6. Which blockchain in telecom market segment will be the largest in future?
Answer: Lucintel forecasts that application providers is expected to witness highest growth over the forecast period due to implementation of technological advancements.
Q7. In blockchain in telecom market, which region is expected to be the largest in next 5 years?
Answer: North America will wemain the largest region over the forecast period due to growing adoption of advanced technology and the development of infrastructure in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for blockchain in the telecom market by provider (application providers, middleware providers, and infrastructure providers), organization size (large enterprises and SMEs), application (OSS process, identity management, payments, smart contracts, connectivity provisioning, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Blockchain in Telecom Market, Blockchain in Telecom Market Size, Blockchain in Telecom Market Growth, Blockchain in Telecom Market Analysis, Blockchain in Telecom Market Report, Blockchain in Telecom Market Share, Blockchain in Telecom Market Trends, Blockchain in Telecom Market Forecast, Blockchain in Telecom Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.