North America Blockchain in Telecom Market Forecast upto 2025
Blockchain is a distributed ledger technology developed on a shared network infrastructure that can permanently record transactions between parties. In telecommunication applications, with the support of blockchain technology, the data can be shared between users without the need for any centralized authorization. Blockchain links the record by using cryptography that offers a more secure and scalable environment by storing subscriber identity information more securely. In a multi-partnered communication network environment, blockchain technology enables each operator to have access to other operators through a registry of public keys for each operator. Additionally, CSP’s supply chain integrated with blockchain offers enhanced visibility to network participants and helps to execute efficient SLA-based contracts.
Market Dynamics – North America Blockchain in Telecom Market
Increasing demand for ancillary digital technologies that enables telecommunication operators to enhance security, transparency, visibility, and efficiency across operations is the key factor contributing to the growth of the North America Blockchain in the telecom market. Increasing interest in optimizing the order to provisioning process and growing focus on eliminating the manual reconciliation activities/tasks is expected to accelerate the growth of the North America Blockchain in telecom market.
An increase in the number of consortia, such as Hyperledger and Carrier Blockchain Study Group (CBSG), focusing on integrating blockchain to telecom and the growing number of start-ups focused on developing telco-grade blockchain solutions are anticipated to fuel the growth of the North America blockchain in telecom market. However, lack of common industry-standards telco-grade blockchain solutions is identified as restraints likely to deter the progression of the North America blockchain in telecom market during the forecast period.
Market Segmentation – North America Blockchain in Telecom Market
The North America blockchain in telecom market is segmented based on providers, applications, organization size, and by country. Based on providers, the North America blockchain in telecom market is segmented into application providers, middleware providers, and infrastructure providers. Based on application, the North America blockchain in telecom market is segmented into smart contracts, streamlining OSS and BSS processes, identity and fraud management, payments, secure connectivity, and others.
Country-level Outlook – North America Blockchain in Telecom Market
In terms of country-wise analysis, the North America blockchain in telecom market is segmented into US and Canada. The US dominates the North America blockchain in telecom market and is expected to maintain its market dominance throughout the forecast period. This is mainly due to the increasing focus on improving security, transparency, and visibility across network operations.
Benefits and Vendors – North America Blockchain in Telecom Market
The study on the North America blockchain in telecom market contains an in-depth analysis of vendors, which includes financial health, business units, key business priorities, SWOT, strategies, and views, and competitive landscape. Few of the key players profiled in this study include IBM Corporation, Microsoft, Amazon (AWS), SAP, Oracle, Cisco, ShoCard, Abra, Bitfury, Blockchain Foundry, and BlockCypher, Inc.
The study offers a comprehensive analysis of the “North America Blockchain in Telecom Market”. Bringing out the complete key insights of the industry, the report aims to provide an insight into the latest trends, current market scenario, and technologies related to the market. In addition, it helps the venture capitalists to understand the revenue opportunities across different segments to take better decisions.
- Executive Summary
- Industry Outlook
- Industry Overview
- Industry Trends
- Market Snapshot
- Total Addressable Market
- Segmented Addressable Market
- PEST Analysis
- Porter’s Five Force Analysis
- Related Markets
- Market Characteristics
- Market Trends and Impact
- Value Chain Analysis
- Market Segmentation
- Market Dynamics
- DRO – Impact Analysis
- Blockchain in Telecom Market, By Providers
- Application Providers
- Middleware Providers
- Infrastructure Providers
- Blockchain in Telecom Market, By Applications
- Smart Contracts
- Streamlining OSS and BSS Processes
- Identity and Fraud Management
- Secure Connectivity
- Blockchain in Telecom Market, By Organization Size
- Large Enterprises
- Blockchain in Telecom Market, By Country
- Competitive Landscape
- Competitor Analysis
- Product/Offerings Portfolio Analysis
- Market Developments
- Partnerships & Collaborations
- Product Launches & Exhibitions
- Vendor Profile
- IBM Corporation
- Amazon (AWS)
- Blockchain Foundry
- BlockCypher, Inc.
- Report Scope
- Market Definition
- Research Methodology
- Data Collation & In-house Estimation
- Market Triangulation
- Study Declarations
- Report Assumptions
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
Market related information is congregated from both primary and secondary sources.
Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.