Blockchain in Oil & Gas Market (Updated Version Available)

The report offers detailed coverage of Blockchain in Oil & Gas industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Blockchain in Oil & Gas by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Blockchain is a distributed ledger technology that operates on peer-to-peer networks to facilitate transaction processing while reducing redundancies arising out of duplication, mismatching, and other accounting errors. The oil and gas industry has traditionally relied on paper-based transaction processing that is error-prone and bound to create inefficiencies leading to operational losses. Oil and gas companies have started adapting blockchain technology to suit their business workflow requirements in order to improve efficiency and target lower operational costs.

The report forecast global Blockchain in Oil & Gas market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Blockchain in Oil & Gas market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
IBM
Accenture
SAP
Microsoft
Infosys
HCL Technologies
Ondiflo
EY


At the same time, we classify Blockchain in Oil & Gas according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Reduce Cash Cycle Time
Increase Transaction Visibility
Market by Application
Oil and Gas Companies
Energy and Utilities
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Blockchain in Oil & Gas market for the forecast period 2021 - 2025?
• What are the driving forces in the Blockchain in Oil & Gas market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Blockchain in Oil & Gas industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?