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Dublin, April 14, 2022 (GLOBE NEWSWIRE) — The “Global Blockchain in Energy Market Outlook 2020-2030” report has been added to ResearchAndMarkets.com’s offering.
The global blockchain in energy market is anticipated to grow with a CAGR of 51.6% over the forecast period, ie, 2021 – 2030. Factors such as the rising adoption of advanced technology in the energy sector, followed by the numerous benefits associated with the adoption of blockchain technology, are anticipated to drive the market growth.
Moreover, factors such as the increasing adoption of emerging technologies, including internet of things (IoT), artificial intelligence (AI), cloud computing, big data, and others, along with the rising need amongst the various stakeholders in the distribution chain of energy to have greater transparency amongst the peers, are also expected to boost the market growth in the coming years. The market is estimated to garner a revenue of over USD 28210 Million by the end of 2030, up from a revenue of more than USD 480 Million in the year 2020.
The global blockchain in energy market is segmented into numerous segments, which include segmentation by type, component, end-user, application, and by region. Based on application, the market is segmented into peer-to-peer transaction, grid transactions, energy financing, electric vehicle, sustainability attribution, and others. Amongst these segments, the …
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