TABLE OF CONTENTS
1 INTRODUCTION 15
1.1 STUDY OBJECTIVES 15
1.2 DEFINITION 15
1.3 STUDY SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED 16
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY AND PRIMARY RESEARCH 19
2.1.1.1 Key industry insights 20
2.1.2 SECONDARY DATA 20
2.1.2.1 List of major secondary sources 20
2.1.2.2 Secondary sources 21
2.1.3 PRIMARY DATA 21
2.1.3.1 Breakdown of primaries 21
2.1.3.2 Primary sources 22
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 23
2.2.2 TOP-DOWN APPROACH 24
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 25
2.4 RESEARCH ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 31
4.1 ATTRACTIVE OPPORTUNITIES IN BLOCKCHAIN IOT MARKET 31
4.2 BLOCKCHAIN IOT MARKET FOR SOFTWARE, BY APPLICATION 31
4.3 BLOCKCHAIN IOT MARKET FOR SMART CITY, BY REGION 32
4.4 BLOCKCHAIN IOT MARKET IN APAC, BY APPLICATION AND COUNTRY 32
4.5 BLOCKCHAIN IOT MARKET, BY GEOGRAPHY 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 34
5.2 MARKET DYNAMICS 34
5.2.1 DRIVERS 35
5.2.1.1 Increasing adoption of IoT 35
5.2.1.2 Growing need for IoT security 35
5.2.1.3 Simplifying business processes and affording transparency and immutability 35
5.2.1.4 Increasing focus on operational efficiency 36
5.2.2 RESTRAINTS 36
5.2.2.1 Uncertain regulatory status 36
5.2.2.2 Higher latency with increase in number of nodes 36
5.2.3 OPPORTUNITIES 37
5.2.3.1 Higher adoption of blockchain solutions for smart contracts and digital identity 37
5.2.3.2 Rising government initiatives 37
5.2.4 CHALLENGES 37
5.2.4.1 Lack of awareness about blockchain technology 37
5.2.4.2 Lack of standards 38
6 BLOCKCHAIN IOT MARKET, BY OFFERING 39
6.1 INTRODUCTION 40
6.2 HARDWARE 41
6.2.1 HARDWARE TO GROW AT THE FASTEST RATE IN BLOCKCHAIN IOT MARKET 41
6.3 SOFTWARE 42
6.3.1 BLOCKCHAIN SOLUTIONS ARE MOVING FROM PROOF OF CONCEPT TO PRODUCTION STAGE 42
6.4 INFRASTRUCTURE PROVIDER 44
6.4.1 INFRASTRUCTURE PROVIDERS OFFER COMMUTABLE INFRASTRUCTURE FOR DEVELOPING, DEPLOYING, AND MANAGING BLOCKCHAIN APPLICATIONS 44
7 BLOCKCHAIN IOT MARKET, BY APPLICATION 45
7.1 INTRODUCTION 46
7.2 SMART CONTRACTS 47
7.2.1 SMART CONTRACTS CAN VALIDATE AND ENFORCE THE NEGOTIATION OF A CONTRACT WITHIN AN IOT ECOSYSTEM 47
7.3 DATA SECURITY 49
7.3.1 DATA SECURITY TO BE THE LARGEST APPLICATION IN BLOCKCHAIN IOT MARKET 49
7.4 DATA SHARING/COMMUNICATION 50
7.4.1 BLOCKCHAIN IN DATA SHARING PROVIDES POINT-TO-POINT CONSENT SOLUTION 50
7.5 ASSET TRACKING AND MANAGEMENT 52
7.5.1 ASSET TRACKING AND MANAGEMENT IS THE FASTEST GROWING APPLICATION IN BLOCKCHAIN IOT MARKET 52
7.6 OTHERS 54
7.6.1 REAL-TIME WORKFORCE TRACKING AND WORKFORCE MANAGEMENT ARE OTHER MAJOR APPLICATIONS OF BLOCKCHAIN IOT 54
8 BLOCKCHAIN IOT MARKET, BY END USER 57
8.1 INTRODUCTION 58
8.2 ENERGY & UTILITY 59
8.2.1 BLOCKCHAIN TO IMPROVE PROCESS EFFICIENCIES AND REDUCE IT COSTS IN ENERGY & UTILITY 59
8.3 TRANSPORTATION & LOGISTICS 60
8.3.1 TRANSPORTATION & LOGISTICS EXPECTED TO BE THE LARGEST INDUSTRY FOR BLOCKCHAIN IOT 60
8.4 MANUFACTURING 61
8.4.1 SECURITY TO BE THE MAJOR APPLICATION FOR BLOCKCHAIN IOT IN MANUFACTURING INDUSTRY 61
8.5 BUILDING MANAGEMENT 62
8.5.1 BLOCKCHAIN IOT TO MAKE SMART HOME DEVICE IMMUTABLE AND SECURE FROM CYBER-SECURITY 62
8.6 HEALTHCARE 63
8.6.1 BLOCKCHAIN IOT TO ADDRESS MEDICAL RECORD INTEROPERABILITY, DATA SECURITY, AND PREVENTING COUNTERFEIT DRUGS IN HEALTHCARE 63
8.7 RETAIL 64
8.7.1 BLOCKCHAIN IOT TO ELEVATE CUSTOMER EXPERIENCE IN RETAIL 64
8.8 WEARABLE AND MOBILE DEVICES 66
8.8.1 BLOCKCHAIN IOT TO ENABLE INTEGRITY AND SECURITY OF DATA IN MOBILE DEVICE 66
8.9 SMART CITY 67
8.9.1 BLOCKCHAIN IOT TO TRACK DATA, ELIMINATE SECURITY BREACHES, PROVIDE SEAMLESS TRANSACTIONS, AND OFFER REASSURING TRANSPARENCY FOR PUBLIC SERVICES 67
8.10 OTHERS 68
9 GEOGRAPHIC ANALYSIS 70
9.1 INTRODUCTION 71
9.2 NORTH AMERICA 72
9.2.1 US 75
9.2.1.1 US a major contributor of blockchain market in North America 75
9.2.2 CANADA 75
9.2.2.1 Canada holds significant growth opportunities for blockchain IoT market in North America 75
9.2.3 MEXICO 76
9.2.3.1 Mexico to evolve as a major contributor to the blockchain IoT market in North America 76
9.3 EUROPE 76
9.3.1 GERMANY 79
9.3.1.1 Germany is the fastest growing market blockchain IoT in Europe 79
9.3.2 UK 79
9.3.2.1 UK to account for the largest share of blockchain IoT market in Europe 79
9.3.3 FRANCE 80
9.3.3.1 Company initiatives to drive blockchain IoT market in France 80
9.3.4 REST OF EUROPE 80
9.4 APAC 80
9.4.1 CHINA 83
9.4.1.1 China held largest share of blockchain IoT market in APAC 83
9.4.2 JAPAN 83
9.4.2.1 Japan to provide attractive opportunities for blockchain IoT 83
9.4.3 SOUTH KOREA 84
9.4.3.1 Government initiative to drive blockchain IoT market in South Korea 84
9.4.4 INDIA 84
9.4.4.1 Government initiated blockchain projects to drive blockchain IoT market in India 84
9.4.5 REST OF APAC 84
9.5 ROW 84
9.5.1 SOUTH AMERICA 86
9.5.1.1 South America to be one of the fastest growing regions for blockchain IoT 86
9.5.2 MIDDLE EAST AND AFRICA 87
9.5.2.1 Saudi Arabia, Israel and South Africa are expected to be the major contributors of blockchain IoT market in MEA 87
10 COMPETITIVE LANDSCAPE 88
10.1 OVERVIEW 88
10.2 RANKING ANALYSIS OF KEY PLAYERS IN BLOCKCHAIN IOT MARKET 89
10.3 COMPETITIVE SITUATIONS AND TRENDS 90
10.3.1 PRODUCT LAUNCHES 90
10.3.2 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, & CONTRACTS 91
10.3.3 EXPANSION 91
10.4 COMPETITIVE LEADERSHIP MAPPING, 2018 92
10.4.1 VISIONARY LEADERS 92
10.4.2 DYNAMIC DIFFERENTIATORS 92
10.4.3 INNOVATORS 92
10.4.4 EMERGING COMPANIES 92
11 COMPANY PROFILES 94
11.1 KEY PLAYERS 94
(Business overview, Products offered, Recent Developments, Other recent developments, SWOT analysis, MNM view)*
11.1.1 IBM 94
11.1.2 MICROSOFT 101
11.1.3 INTEL 105
11.1.4 AMAZON 108
11.1.5 CISCO SYSTEMS 112
11.1.6 ETHEREUM FOUNDATION 114
11.1.7 THE LINUX FOUNDATION 115
11.1.8 R3 116
11.1.9 FILAMENT 118
11.1.10 KRYPC 120
11.1.11 IOTEX 121
11.1.12 FACTOM 123
*Details on Business overview, Products offered, Recent Developments, Other recent developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
11.2 OTHER COMPANIES 124
11.2.1 DISCOVERY 124
11.2.2 IOTA 124
11.2.3 ATONOMI 125
11.2.4 XAGE, INC. 125
11.2.5 AMBROSUS 125
11.2.6 WALTONCHAIN 126
12 APPENDIX 127
12.1 INSIGHTS FROM INDUSTRY EXPERTS 127
12.2 DISCUSSION GUIDE 128
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 132
12.4 AVAILABLE CUSTOMIZATIONS 134
12.5 RELATED REPORTS 134
12.6 AUTHOR DETAILS 135
TABLE 1 BLOCKCHAIN IOT MARKET, BY OFFERING, 2017–2024 (USD MILLION) 40
TABLE 2 BLOCKCHAIN IOT MARKET FOR HARDWARE, BY APPLICATION,
2017–2024 (USD THOUSAND) 41
TABLE 3 BLOCKCHAIN IOT MARKET FOR HARDWARE, BY REGION,
2017–2024 (USD THOUSAND) 41
TABLE 4 BLOCKCHAIN IOT MARKET FOR SOFTWARE, BY APPLICATION,
2017–2024 (USD THOUSAND) 42
TABLE 5 BLOCKCHAIN IOT MARKET FOR SOFTWARE, BY REGION,
2017–2024 (USD MILLION) 42
TABLE 6 BLOCKCHAIN IOT MARKET FOR SOFTWARE, BY TYPE, 2017–2024 (USD MILLION) 43
TABLE 7 BLOCKCHAIN IOT MARKET FOR INFRASTRUCTURE PROVIDER, BY APPLICATION, 2017–2024 (USD THOUSAND) 44
TABLE 8 BLOCKCHAIN IOT MARKET FOR INFRASTRUCTURE PROVIDER, BY REGION,
2017–2024 (USD MILLION) 44
TABLE 9 BLOCKCHAIN IOT MARKET, BY APPLICATION, 2017–2024 (USD MILLION) 46
TABLE 10 BLOCKCHAIN IOT MARKET FOR SMART CONTRACT, BY OFFERING,
2017–2024 (USD THOUSAND) 47
TABLE 11 BLOCKCHAIN IOT MARKET FOR SMART CONTRACT, BY END USER,
2017–2024 (USD THOUSAND) 48
TABLE 12 BLOCKCHAIN IOT MARKET FOR SMART CONTRACT, BY REGION,
2017–2024 (USD MILLION) 48
TABLE 13 BLOCKCHAIN IOT MARKET FOR DATA SECURITY, BY OFFERING,
2017–2024 (USD MILLION) 49
TABLE 14 BLOCKCHAIN IOT MARKET FOR DATA SECURITY, BY END USER,
2017–2024 (USD MILLION) 49
TABLE 15 BLOCKCHAIN IOT MARKET FOR DATA SECURITY, BY REGION,
2017–2024 (USD MILLION) 50
TABLE 16 BLOCKCHAIN IOT MARKET FOR DATA SHARING/COMMUNICATION, BY OFFERING, 2017–2024 (USD THOUSAND) 50
TABLE 17 BLOCKCHAIN IOT MARKET FOR DATA SHARING/COMMUNICATION, BY END USER, 2017–2024 (USD THOUSAND) 51
TABLE 18 BLOCKCHAIN IOT MARKET FOR DATA SHARING/COMMUNICATION, BY REGION, 2017–2024 (USD THOUSAND) 51
TABLE 19 BLOCKCHAIN IOT MARKET FOR ASSET TRACKING AND MANAGEMENT,
BY OFFERING, 2017–2024 (USD THOUSAND) 52
TABLE 20 BLOCKCHAIN IOT MARKET FOR ASSET TRACKING AND MANAGEMENT,
BY END USER, 2017–2024 (USD THOUSAND) 53
TABLE 21 BLOCKCHAIN IOT MARKET FOR ASSET TRACKING AND MANAGEMENT, BY REGION, 2017–2024 (USD MILLION) 54
TABLE 22 BLOCKCHAIN IOT MARKET FOR OTHERS, BY OFFERING,
2017–2024 (USD THOUSAND) 55
TABLE 23 BLOCKCHAIN IOT MARKET FOR OTHERS, BY END USER,
2017–2024 (USD THOUSAND) 55
TABLE 24 BLOCKCHAIN IOT MARKET FOR OTHERS, BY REGION,
2017–2024 (USD THOUSAND) 56
TABLE 25 BLOCKCHAIN IOT MARKET, BY END USER, 2017–2024 (USD MILLION) 58
TABLE 26 BLOCKCHAIN IOT MARKET FOR ENERGY AND UTILITY, BY APPLICATION,
2017–2024 (USD THOUSAND) 59
TABLE 27 BLOCKCHAIN IOT MARKET FOR ENERGY AND UTILITY, BY REGION,
2017–2024 (USD THOUSAND) 60
TABLE 28 BLOCKCHAIN IOT MARKET FOR TRANSPORTATION AND UTILITY, BY APPLICATION, 2017–2024 (USD MILLION) 60
TABLE 29 BLOCKCHAIN IOT MARKET FOR TRANSPORTATION AND UTILITY, BY REGION, 2017–2024 (USD MILLION) 61
TABLE 30 BLOCKCHAIN IOT MARKET FOR MANUFACTURING, BY APPLICATION,
2017–2024 (USD MILLION) 61
TABLE 31 BLOCKCHAIN IOT MARKET FOR MANUFACTURING, BY REGION,
2017–2024 (USD MILLION) 62
TABLE 32 BLOCKCHAIN IOT MARKET FOR BUILDING MANAGEMENT, BY APPLICATION,
2017–2024 (USD THOUSAND) 62
TABLE 33 BLOCKCHAIN IOT MARKET FOR BUILDING MANAGEMENT, BY REGION,
2017–2024 (USD THOUSAND) 63
TABLE 34 BLOCKCHAIN IOT MARKET FOR HEALTHCARE, BY APPLICATION,
2017–2024 (USD THOUSAND) 64
TABLE 35 BLOCKCHAIN IOT MARKET FOR HEALTHCARE, BY REGION,
2017–2024 (USD THOUSAND) 64
TABLE 36 BLOCKCHAIN IOT MARKET FOR RETAIL, BY APPLICATION,
2017–2024 (USD THOUSAND) 65
TABLE 37 BLOCKCHAIN IOT MARKET FOR RETAIL, BY REGION, 2017–2024 (USD THOUSAND) 65
TABLE 38 BLOCKCHAIN IOT MARKET FOR WEARABLE AND MOBILE DEVICES,
BY APPLICATION, 2017–2024 (USD THOUSAND) 66
TABLE 39 BLOCKCHAIN IOT MARKET FOR WEARABLE AND MOBILE DEVICES, BY REGION, 2017–2024 (USD THOUSAND) 66
TABLE 40 BLOCKCHAIN IOT MARKET FOR SMART CITIES, BY APPLICATION,
2017–2024 (USD THOUSAND) 68
TABLE 41 BLOCKCHAIN IOT MARKET FOR SMART CITIES, BY REGION,
2017–2024 (USD THOUSAND) 68
TABLE 42 BLOCKCHAIN IOT MARKET FOR OTHERS, BY APPLICATION,
2017–2024 (USD THOUSAND) 69
TABLE 43 BLOCKCHAIN IOT MARKET FOR OTHERS, BY REGION,
2017–2024 (USD THOUSAND) 69
TABLE 44 BLOCKCHAIN IOT MARKET, BY REGION, 2017–2024 (USD MILLION) 72
TABLE 45 BLOCKCHAIN IOT MARKET IN NORTH AMERICA, BY OFFERING,
2017–2024 (USD MILLION) 73
TABLE 46 BLOCKCHAIN IOT MARKET IN NORTH AMERICA, BY APPLICATION,
2017–2024 (USD MILLION) 74
TABLE 47 BLOCKCHAIN IOT MARKET IN NORTH AMERICA, BY END USER,
2017–2024 (USD MILLION) 74
TABLE 48 BLOCKCHAIN IOT MARKET IN NORTH AMERICA, BY COUNTRY,
2017–2024 (USD MILLION) 75
TABLE 49 BLOCKCHAIN IOT MARKET IN EUROPE, BY OFFERING, 2017–2024 (USD MILLION) 77
TABLE 50 BLOCKCHAIN IOT MARKET IN EUROPE, BY APPLICATION,
2017–2024 (USD MILLION) 78
TABLE 51 BLOCKCHAIN IOT MARKET IN EUROPE, BY END USER, 2017–2024 (USD MILLION) 78
TABLE 52 BLOCKCHAIN IOT MARKET IN EUROPE, BY COUNTRY, 2017–2024 (USD MILLION) 79
TABLE 53 BLOCKCHAIN IOT MARKET IN APAC, BY OFFERING, 2017–2024 (USD THOUSAND) 81
TABLE 54 BLOCKCHAIN IOT MARKET IN APAC, BY APPLICATION,
2017–2024 (USD THOUSAND) 82
TABLE 55 BLOCKCHAIN IOT MARKET IN APAC, BY END USER, 2017–2024 (USD THOUSAND) 82
TABLE 56 BLOCKCHAIN IOT MARKET IN APAC, BY COUNTRY, 2017–2024 (USD MILLION) 83
TABLE 57 BLOCKCHAIN IOT MARKET IN ROW, BY OFFERING, 2017–2024 (USD THOUSAND) 85
TABLE 58 BLOCKCHAIN IOT MARKET IN ROW, BY APPLICATION,
2017–2024 (USD THOUSAND) 85
TABLE 59 BLOCKCHAIN IOT MARKET IN ROW, BY END USER, 2017–2024 (USD THOUSAND) 86
TABLE 60 BLOCKCHAIN IOT MARKET IN ROW, BY REGION, 2017–2024 (USD MILLION) 86
TABLE 61 PRODUCT LAUNCHES, 2017–2018 90
TABLE 62 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, CONTRACTS, AND JOINT VENTURES, 2018 91
TABLE 63 EXPANSION, 2017–2018 91