About Contact Us Careers

Blockchain in Energy Market Trends

Request Free Sample Copy

Report ID: 1402
Published Date: Sep 05, 2024
Report Format: PDF, PPT

Buy Now

Blockchain in Energy Market Trends

Growth Drivers

Increasing Advancement in Technology
Rise in Adoption of Blockchain Technology in the Energy Sector
Growing Initiatives to Promote the Adoption of Blockchain

Challenges

Fear of Fraudulent Activities as Blockchain is Connected to Cryptocurrencies
Lack of Awareness Amongst End-Users

Blockchain in Energy Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	76.4%
Base Year Market Size (2023)	USD 958.5 million
Forecast Year Market Size (2036)	USD 1.53 trillion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:

Blockchain in Energy Market Size & Share, Growth Forecast 2036

Author Credits: Abhishek Verma

Report ID: 1402
Published Date: Sep 05, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of blockchain in energy is evaluated at USD 1.54 billion.

Blockchain in Energy Market size was valued at USD 958.5 million in 2023 and is set to cross USD 1.53 trillion by 2036, registering more than 76.4% CAGR during the forecast period i.e., between 2024-2036. The increasing advancement in technology, and the rise in adoption of blockchain technology in the energy sector, will boost the market growth.

Europe is set to account for 40% industry share by 2036, attributed to increasing emphasis of the government of nations in the region for refining energy efficiency, enhance interoperability, and encourage cross-border engagement amongst the various stakeholders that provide energy.

The major players in the market are Accenture, Amazon Web Services, Inc., IBM Corporation, SAP SE, Deloitte Touche Tohmatsu Limited, Chaddenwych Services Limited (Electron), ConsenSys Software Inc., LO3 Energy, Inc., and others.

Inquiry Before Buying Request Free Sample