Blockchain in Telecom Market Is Booming Worldwide with IBM, Microsoft, Bitfury, Cegeka

(MENAFN- iCrowdNewsWire) 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.

The latest study released on the Global Blockchain in Telecom Market by AMA Research evaluates market size, trend, and forecast to 2026. 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.

Key Players in This Report Include:

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)

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Market Trends:

• 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

Market Opportunities:

• Blockchain Technology Helps the Telecom Sector in Fraud Management
• Extensive Use of Blockchain Solutions in IoT Space

The Global Blockchain in Telecom Market segments and Market Data Break Down are illuminated below:

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)

Global Blockchain in Telecom market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

O bjectives of the Report

• -To carefully analyze and forecast the size of the Blockchain in Telecom market by value and volume.
• -To estimate the market shares of major segments of the Blockchain in Telecom
• -To showcase the development of the Blockchain in Telecom market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Blockchain in Telecom market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Blockchain in Telecom
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Blockchain in Telecom market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:

Blockchain in Telecom Market Study Coverage :

• It includes major manufacturers, emerging player's growth story, and major business segments of Blockchain in Telecom market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Blockchain in Telecom Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Blockchain in Telecom Market Production by Region Blockchain in Telecom Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
• Key Points Covered in Blockchain in Telecom Market Report:
• Blockchain in Telecom Overview, Definition and Classification Market drivers and barriers
• Blockchain in Telecom Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Blockchain in Telecom Market
• Blockchain in Telecom Capacity, Production, Revenue (Value) by Region (2021-2026)
• Blockchain in Telecom Supply (Production), Consumption, Export, Import by Region (2021-2026)
• Blockchain in Telecom Production, Revenue (Value), Price Trend by Type {OSS/BSS Processes,Identity Management,Payments,Smart Contracts,Connectivity Provisioning,Others}
• Blockchain in Telecom Manufacturers Profiles/Analysis Blockchain in Telecom Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered

• How feasible is Blockchain in Telecom market for long-term investment?
• What are influencing factors driving the demand for Blockchain in Telecom near future?
• What is the impact analysis of various factors in the Global Blockchain in Telecom market growth?
• What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

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