Press release
Blockchain-as-a-Service (BaaS) Market: Quantitative Market Analysis, Current and Future Trends
Blockchain as a service (BaaS) allows enterprises to use cloud services for building, hosting, and deploying their own blockchain apps, agreements, and utilities. The cloud service provider supports all operations to keep the infrastructure responsive and functional. Cloud-based blockchain services increase adoption of the blockchain technology across businesses.
The concept of blockchain as a service (BaaS) is similar to software-as-a-service (SaaS). Small and medium businesses are keen for adopting the blockchain technology. However, its complexities and operation-level issues such as configuration and infrastructure aligning are difficult to manage, which is discouraging overall adoption of the blockchain technology. In order to overcome these issues, leading technology organizations and small startups have introduced a solution called ‘Blockchain-as-a-Service (BaaS) model’ for all blockchain technology users.
Browse Report Details: http://www.transparencymarketresearch.com/blockchain-as-a-service-market.html
The BaaS model sets up all external services required in setting up the blockchain technology and infrastructure for customers. BaaS supports handling of complex operations of the blockchain technology for customers and their businesses. Moreover, BaaS keeps the infrastructure ready and operational. It also supports activities such as bandwidth controlling, appropriate allocation of resources, hosting, and security from hacking attempts.
Major factors increasing the adoption of blockchain-as-a-service (BaaS) market is that it allows organizations to focus on their core jobs instead of wasting time in setting up of infrastructure facilities. Vendors in regions such as North America and Asia Pacific have started providing BaaS. For instance, in North America, organizations such as Oracle, Microsoft, Amazon, and IBM have launched BaaS offerings. Microsoft Azure has introduced platforms where users can develop, test, and deploy secure blockchain apps.
For Exclusive Market Insights From Experts? Request A Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=55929
Microsoft charges its users only when the service is used. Microsoft’s blockchain platform is also known for its instant applications development tool. In China; Alibaba, Baidu, and Huawei are major players providing the service. Huawei has built its blockchain-as-a-service (BaaS) solutions on the top of open-source Hypeledger Fabric 1.0 software, this solutions of Huawei helps its customers to develop and manage smart contracts on the blockchain technology.
Large banks and insurance companies are taking interest in technology. These are key industries using the blockchain technology. Bitcoin, a cryptocurrency, is built on the blockchain technology. The technology has been adopted by several other industries ranging from banking to social media. Blockchain uses distributed ledger technology (DLT) to decrease the risk of frauds and increase the transparency of all bank transactions. Therefore, the banking industry witnesses better adoption of the blockchain technology.
The Blockchain-as-a-Service (BaaS) market can be segmented based on component, industry, enterprise size, application, and geography. Based on component, the blockchain-as-a-service (BaaS) market can be classified into tools and services. In terms of application, the market can be divided into supply chain management, payments, identity management, smart contracts, and governance, risk and compliance (GRC) Management.
Request For Custom Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=55929
Based on enterprise size, the blockchain-as-a-service (BaaS) market can be segmented into large enterprises and small & medium enterprises. In terms of industry, the blockchain-as-a-service (BaaS) market can be segregated into banking, financial services and insurance (BFSI), health care & life sciences, telecom & IT, transportation & logistics, retail & ecommerce, government & public sector, manufacturing, energy & utilities, and media & entertainment. In terms of geography, the global Blockchain-as-a-Service market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
Key players operating in the global Blockchain-as-a-Service (BaaS) market are IBM corporation, SAP, Deloitte, Accenture, Cognizant, Infosys, Pwc, NTT Data, Capgemini, Wipro, Mphsis, Microsoft, Amazon, Alibaba, Oracle, Baidu, OpenXcell, lntinfotech, KPMG, and Huawei. IBM is among the top players offering blockchain platforms that allow businesses to develop, design, operate, and monitor the blockchain network quickly and cost-effectively on cloud-based platforms.
Contact:
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada
About Us:
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement.
The concept of blockchain as a service (BaaS) is similar to software-as-a-service (SaaS). Small and medium businesses are keen for adopting the blockchain technology. However, its complexities and operation-level issues such as configuration and infrastructure aligning are difficult to manage, which is discouraging overall adoption of the blockchain technology. In order to overcome these issues, leading technology organizations and small startups have introduced a solution called ‘Blockchain-as-a-Service (BaaS) model’ for all blockchain technology users.
Browse Report Details: http://www.transparencymarketresearch.com/blockchain-as-a-service-market.html
The BaaS model sets up all external services required in setting up the blockchain technology and infrastructure for customers. BaaS supports handling of complex operations of the blockchain technology for customers and their businesses. Moreover, BaaS keeps the infrastructure ready and operational. It also supports activities such as bandwidth controlling, appropriate allocation of resources, hosting, and security from hacking attempts.
Major factors increasing the adoption of blockchain-as-a-service (BaaS) market is that it allows organizations to focus on their core jobs instead of wasting time in setting up of infrastructure facilities. Vendors in regions such as North America and Asia Pacific have started providing BaaS. For instance, in North America, organizations such as Oracle, Microsoft, Amazon, and IBM have launched BaaS offerings. Microsoft Azure has introduced platforms where users can develop, test, and deploy secure blockchain apps.
For Exclusive Market Insights From Experts? Request A Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=55929
Microsoft charges its users only when the service is used. Microsoft’s blockchain platform is also known for its instant applications development tool. In China; Alibaba, Baidu, and Huawei are major players providing the service. Huawei has built its blockchain-as-a-service (BaaS) solutions on the top of open-source Hypeledger Fabric 1.0 software, this solutions of Huawei helps its customers to develop and manage smart contracts on the blockchain technology.
Large banks and insurance companies are taking interest in technology. These are key industries using the blockchain technology. Bitcoin, a cryptocurrency, is built on the blockchain technology. The technology has been adopted by several other industries ranging from banking to social media. Blockchain uses distributed ledger technology (DLT) to decrease the risk of frauds and increase the transparency of all bank transactions. Therefore, the banking industry witnesses better adoption of the blockchain technology.
The Blockchain-as-a-Service (BaaS) market can be segmented based on component, industry, enterprise size, application, and geography. Based on component, the blockchain-as-a-service (BaaS) market can be classified into tools and services. In terms of application, the market can be divided into supply chain management, payments, identity management, smart contracts, and governance, risk and compliance (GRC) Management.
Request For Custom Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=55929
Based on enterprise size, the blockchain-as-a-service (BaaS) market can be segmented into large enterprises and small & medium enterprises. In terms of industry, the blockchain-as-a-service (BaaS) market can be segregated into banking, financial services and insurance (BFSI), health care & life sciences, telecom & IT, transportation & logistics, retail & ecommerce, government & public sector, manufacturing, energy & utilities, and media & entertainment. In terms of geography, the global Blockchain-as-a-Service market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
Key players operating in the global Blockchain-as-a-Service (BaaS) market are IBM corporation, SAP, Deloitte, Accenture, Cognizant, Infosys, Pwc, NTT Data, Capgemini, Wipro, Mphsis, Microsoft, Amazon, Alibaba, Oracle, Baidu, OpenXcell, lntinfotech, KPMG, and Huawei. IBM is among the top players offering blockchain platforms that allow businesses to develop, design, operate, and monitor the blockchain network quickly and cost-effectively on cloud-based platforms.
Contact:
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada
About Us:
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
