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Blockchain in Energy Market Share

Report ID: GMI3223
Published Date: Apr 2019
Report Format: PDF

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Blockchain in Energy Market Share

Key blockchain in energy industry players include:

Greeneum
Power Ledger
LO3 Energy
Infosys Limited
Sun Exchange
SAP
Accenture
EnergiMine
Grid Singularity
Grid+
Drift
Electron
Oracle
WePower
Conjoule

Inorganic ventures and strategic partnerships have been a key tactic adopted by numerous leading industry players. Introduction of research and development activities to map the relevance of the technology is an integral part of blockchain development.

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of blockchain in energy surpassed USD 220 million in 2018.

The industry share of blockchain in energy is projected to grow at more than 50% CAGR from 2019 to 2025.

According to this research report by GMI, the U.S. market is projected to cross a valuation of USD 400 million by 2025.

Rising complexity of power and a paradigm shift towards the deployment of smart grids, in tandem with the proliferating investments from energy companies, boosting the Germany market growth.

Key industry players include Greeneum, Power Ledger, LO3 Energy, Infosys Limited, Sun Exchange, SAP, Accenture, EnergiMine, Grid Singularity, Grid+, Drift, Electron, Oracle, WePower and Conjoule.

Peer to peer application segment is set to exceed USD 800 million revenue by 2025 due to inclining focus towards power generation from RES including the solar, wind, and tide on the grounds of promoting clean energy generation and supply.