Asia Pacific blockchain market will grow by 70.0% annually with a total addressable market cap of $322.7 billion over 2021-2030 driven by the increasing requirement for quicker transactions, growing need to simplify business processes and create business transparency and immutability, and the growing demand for blockchain technology in various industries to reduce operational cost.
Highlighted with 40 tables and 77 figures, this 146-page report “Asia Pacific Blockchain Market 2020-2030 by Offering (Platform, Services), Type (Public, Private, Hybrid), Provider (Infrastructure, Middleware, Application), Industry Vertical, Application, Organization Size, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific blockchain market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific blockchain market in every aspect of the classification from perspectives of Offering, Type, Provider, Industry Vertical, Application, Organization Size, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Platform
• Services
o Technology Advisory and Consulting
o Deployment and Integration
o Support and Maintenance
Based on Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Public Blockchain
• Consortium or Hybrid Blockchain
• Private or Permission Blockchain
Based on Provider, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Infrastructure and Protocol Providers
o Communication Solution
o Cloud Storage Solution
o Processing Solution
o Security Protocol Solution
• Middleware Providers
o Blockchain API
o Encryption Solution
o Other Software Glue
• Application and Solution Providers
o Financial Application
o Non-financial Application
Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Smart Contracts
• Payment & Wallet
• Digital Identity
• Documentation
• Exchange
• Compliance & Risk Management
• Asset Tracking
• Other Applications
Based on Industry Vertical, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Banking and Financial Services
• Government and Public Sector
• Healthcare and Medical
• Retail and E-commerce
• Transportation and Logistics
• Media and Entertainment
• Telecommunication and IT
• Fast Moving Consumer Goods (FMCG)
• Manufacturing
• Cryptocurrency
• Legal
• Oil, Gas, and Mining
• Energy & Utilities
• Education
• Other Industries
Based on Organization Size, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Large Enterprises
• Small- and Medium-sized Enterprises (SMEs)
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Blockchain Type, Provider, and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Alphaphoint Corporation
Amazon
Bitfury Group
Blockchain Asia Pacific Limited
BlockCypher, Inc.
BTL Group (Blockchain Tech Ltd.)
Chain Inc.
Digital Asset Holdings
Earthport
Factom Inc.
Huawei Investment & Holding Co., Ltd.
Hyperledger Consortium
IBM Corporation
Infosys
Microsoft Corp.
Oracle Corporation
R3
Ripple Labs Inc.
SAP SE
Tata Consultancy Services Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of Asia Pacific Market by Offering 40
3.1 Market Overview by Offering 40
3.2 Platform 42
3.3 Services 44
3.3.1 Technology Advisory and Consulting 45
3.3.2 Deployment and Integration 46
3.3.3 Support and Maintenance 47
4 Segmentation of Asia Pacific Market by Blockchain Type 48
4.1 Market Overview by Blockchain Type 48
4.2 Public Blockchain 51
4.3 Consortium or Hybrid Blockchain 52
4.4 Private or Permission Blockchain 53
5 Segmentation of Asia Pacific Market by Provider 54
5.1 Market Overview by Provider 54
5.2 Infrastructure and Protocol Providers 56
5.2.1 Communication Solution 58
5.2.2 Cloud Storage Solution 59
5.2.3 Processing Solution 60
5.2.4 Security Protocol Solution 61
5.3 Middleware Providers 62
5.3.1 Blockchain API 63
5.3.2 Encryption Solution 64
5.3.3 Other Software Glue 65
5.4 Application and Solution Providers 66
5.4.1 Financial Application 67
5.4.2 Non-financial Application 68
6 Segmentation of Asia Pacific Market by Application 69
6.1 Market Overview by Application 69
6.2 Smart Contracts 71
6.3 Payment & Wallet 72
6.4 Digital Identity 73
6.5 Documentation 74
6.6 Exchange 75
6.7 Compliance & Risk Management 76
6.8 Asset Tracking 77
6.9 Other Applications 78
7 Segmentation of Asia Pacific Market by Industry Vertical 79
7.1 Market Overview by Industry Vertical 79
7.2 Banking and Financial Services 81
7.3 Government and Public Sector 82
7.4 Healthcare and Medical 83
7.5 Retail and E-commerce 84
7.6 Transportation and Logistics 85
7.7 Media and Entertainment 86
7.8 Telecommunication and IT 87
7.9 Fast Moving Consumer Goods (FMCG) 88
7.10 Manufacturing 89
7.11 Cryptocurrency 90
7.12 Legal 91
7.13 Oil, Gas, and Mining 92
7.14 Energy & Utilities 93
7.15 Education 94
7.16 Other Industries 95
8 Segmentation of Asia Pacific Market by Organization Size 96
8.1 Market Overview by Organization Size 96
8.2 Large Enterprises 98
8.3 Small and Medium Enterprises (SMEs) 99
9 Asia-Pacific Market 2019-2030 by Country 100
9.1 Overview of Asia-Pacific Market 100
9.2 Japan 103
9.3 China 106
9.4 Australia 109
9.5 India 111
9.6 South Korea 113
9.7 Rest of APAC Region 115
10 Competitive Landscape 117
10.1 Overview of Key Vendors 117
10.2 New Product Launch, Partnership, Investment, and M&A 120
10.3 Company Profiles 125
Alphaphoint Corporation 125
Amazon 127
Bitfury Group 128
Blockchain Global Limited 129
BlockCypher, Inc. 130
BTL Group (Blockchain Tech Ltd.) 131
Chain Inc. 132
Digital Asset Holdings 133
Earthport 134
Factom Inc. 135
Huawei Investment & Holding Co., Ltd. 136
Hyperledger Consortium 137
IBM Corporation 138
Infosys 139
Microsoft Corp. 140
Oracle Corporation 141
R3 142
Ripple Labs Inc. 143
SAP SE 144
Tata Consultancy Services Ltd. 145
RELATED REPORTS 146
List of Tables:
Table 1. Snapshot of Asia Pacific Blockchain Market in Balanced Perspective, 2019-2030 18
Table 2. Growth Rate of World GDP, 2020-2022 22
Table 3. World Cryptocurrency Mining Market, 2019-2030, $ mn 27
Table 4. Main Product Trends and Market Opportunities in Asia Pacific Blockchain Market 32
Table 5. Asia Pacific Blockchain Market by Offering, 2019-2030, $ mn 40
Table 6. Comparison of Current Blockchain Platforms 43
Table 7. Asia Pacific Blockchain Market: Services by Type, 2019-2030, $ mn 44
Table 8. Comparison of Various Blockchain Types 48
Table 9. Asia Pacific Blockchain Market by Blockchain Type, 2019-2030, $ mn 49
Table 10. Asia Pacific Blockchain Market by Provider, 2019-2030, $ mn 54
Table 11. Asia Pacific Blockchain Market: Infrastructure and Protocol Providers by Solution Type, 2019-2030, $ mn 57
Table 12. Asia Pacific Blockchain Market: Middleware Providers by Solution Type, 2019-2030, $ mn 62
Table 13. Asia Pacific Blockchain Market: Application and Solution Providers by Solution Type, 2019-2030, $ mn 66
Table 14. Asia Pacific Blockchain Market by Application, 2019-2030, $ mn 69
Table 15. Asia Pacific Blockchain Market by Industry Vertical, 2019-2030, $ mn 79
Table 16. Asia Pacific Blockchain Market by Organization Size, 2019-2030, $ mn 96
Table 17. APAC Blockchain Market by Country, 2019-2030, $ mn 101
Table 18. Japan Blockchain Market by Blockchain Type, 2019-2030, $ mn 105
Table 19. Japan Blockchain Market by Provider, 2019-2030, $ mn 105
Table 20. Japan Blockchain Market by Application, 2019-2030, $ mn 105
Table 21. China Blockchain Market by Blockchain Type, 2019-2030, $ mn 107
Table 22. China Blockchain Market by Provider, 2019-2030, $ mn 107
Table 23. China Blockchain Market by Application, 2019-2030, $ mn 107
Table 24. Australia Blockchain Market by Blockchain Type, 2019-2030, $ mn 110
Table 25. Australia Blockchain Market by Provider, 2019-2030, $ mn 110
Table 26. Australia Blockchain Market by Application, 2019-2030, $ mn 110
Table 27. India Blockchain Market by Blockchain Type, 2019-2030, $ mn 112
Table 28. India Blockchain Market by Provider, 2019-2030, $ mn 112
Table 29. India Blockchain Market by Application, 2019-2030, $ mn 112
Table 30. South Korea Blockchain Market by Blockchain Type, 2019-2030, $ mn 114
Table 31. South Korea Blockchain Market by Provider, 2019-2030, $ mn 114
Table 32. South Korea Blockchain Market by Application, 2019-2030, $ mn 114
Table 33. Blockchain Market in Rest of APAC by Country/Region, 2019-2030, $ mn 116
Table 34. Recent News about Product Launches and Developments 120
Table 35. Recent News about Collaborations and Partnerships 122
Table 36. Recent News about Acquisitions and Expansions 124
Table 37. Alphaphoint Corporation: Company Snapshot 125
Table 38. Alphaphoint Corporation: Business Segmentation 125
Table 39. Alphaphoint Corporation: Product Portfolio 126
Table 40. Alphaphoint Corporation: Revenue, 2018-2020, $ mn 126
