Global Blockchain in Oil & Gas Market Growth (Status and Outlook) 2024-2030
According to this study, the global Blockchain in Oil & Gas market size will reach US$ million by 2030.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Blockchain in Oil & Gas market by product type, application, key players and key regions and countries.
Segmentation by product type: Reduce Cash Cycle Time Increase Transaction Visibility Reduce Overhead & Number of Cost Intermediates
Segmentation by Application: Oil and Gas Companies Energy and Utilities Other
This report also splits the market by region: United States China Europe Other regions: Japan South Korea Southeast Asia Rest of world
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: IBM Accenture SAP Microsoft Infosys HCL Technologies Ondiflo EY
Please note: The report will take approximately 2 business days to prepare and deliver.
*This is a tentative TOC and the final deliverable is subject to change.*