Blockchain In Telecom Market Is Projected To Reach A Size Of US$ 80...

Blockchain In Telecom Market Is Projected To Reach A Size Of US$ 80 Billion By 2033

Postado 2024-04-29 10:03:27

The Blockchain in Telecom Industry sales study offers a comprehensive analysis on diverse features including production capacities, Blockchain in Telecom demand, product developments, sales revenue generation and Blockchain in Telecom market outlook across the globe.

market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Blockchain in Telecom market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments

The global blockchain in telecom market is expected to surge ahead at an astonishing CAGR of 74.8% and reach a valuation of US$ 80 billion by the end of 2033, up from US$ 300 million in 2023.

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The readability score of the Blockchain in Telecom market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

This Blockchain in Telecom market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Blockchain in Telecom along with key stakeholders as well as emerging players associated with the manufacturing of product.

The Key trends Analysis of Extended Blockchain in Telecom market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.

Key Companies Profiled

· Auxesis Group

· Abra

· AWS

· Blocko

· Bitfury

· Blockcypher

· Blockchain Foundry

· Blockstream

· Blockpoint

· Cegeka

Competitive Analysis :

The blockchain in telecom industry is highly consolidated with only a few major players providing blockchain solutions across the telecommunications industry. The vendors are also receiving funding from investors, which will aid in the development of innovative blockchain services.

· Tech Mahindra and telecom analytics solutions supplier Subex collaborated in November 2022 to roll out blockchain-centered solutions worldwide for telecommunication operators. By reducing overall compliance difficulties, these solutions would reduce fraud and increase operational efficiencies for communication service providers (CSPs).

· Trai planned to introduce new blockchain technology to limit spam calls and texts in November 2022 in partnership with TSPs. The organization is developing several technologies, including blockchain technology, to identify spam calls and texts. In addition, the regulator is forming a joint committee of regulators (JCOR) comprised of Trai (the Telecom Regulatory Authority of India), MoCA (the Ministry of Consumer Affairs), SEBI (the Securities and Exchange Board of India), and RBI (the Reserve Bank of India).

· Global Telecom, a pioneer in wireless technology designing at the intersection of network and hardware, introduced its MERCURY series of tri-connectivity modules in February 2022, the first custom-built modules designed to allow connectivity to cellular, private, and satellite networks as well as Bluetooth and Wi-Fi. The MERCURY series from Global Telecom is the first to offer connectivity to all three wireless networks, as well as Bluetooth and Wi-Fi. It features hostless, patented, driverless technology with an extra layer of blockchain security.

· Bharti Airtel acquired Aqilliz, a Blockchain as a Service Company, through the Airtel Start-up Accelerator Program, subject to appropriate statutory approvals, in February 2022. Airtel intends to expand the use of Aqilliz's innovative blockchain technologies across its rapidly expanding digital entertainment, Adtech, and different digital marketplace products.

Key Segments of Blockchain in Telecom Industry Research

· By Provider :

o Infrastructure Providers

o Application Providers

o Middleware Providers

· By Application :

o OSS/BSS Processes

o Identity Management

o Payments

o Smart Contracts

o Connectivity Provisioning

o Other Applications