Dublin, April 08, 2021 (GLOBE NEWSWIRE) — The “Blockchain Technology – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
The Pandemic Highlights Blockchain’s Potential Role in Increasing Resilience of Business Communities & Ecosystems. The Market to Reach US$ 30.7 Billion.
The global market for Blockchain Technology is projected to reach US$ 30.7 billion by the year 2027, trailing a post COVID-19 CAGR of 43% over the analysis period 2020 through 2027.
At a time when the global economic climate is spinning out of control, the blockchain technology market is expected to face severe short-term challenges in the year 2020. This year is expected to end on a dismal note as the pandemic continues to rage through the globe flaring up in second and third waves of infections, each worse than the previous wave, continuing to cause large scale human and financial destruction in countries across the world.
Pessimism remains high among chief information officers (CIOs). The continued decline in business confidence is an indication of the gradually…
