Latin America Blockchain Technology Market (2018-2023)

Report Id

11263

Publisher Name

Netscribes (Research on Global Markets)

Published Date

5/8/2018

No of Pages

75-90

Market Scenario

Latin America Blockchain Technology Market Blockchain technology is used to record Bitcoin transactions via a global network of computers. It is a continuous growing list of blocks (record) that are linked and secured using cryptography. Each new block created is connected to the previous block via a “cryptographic Hash. Latin America blockchain technology market is expected to grow at a CAGR of 30.3% (2018-2023) and generate a global revenue of USD 0.51 billion by 2023. Countries in this region have found Bitcoin to be the best solution to solve political instability, and fall in oil prices and other initiatives will make it possible for companies to acquire Blockchain solutions in the near future. Latin American banks are trying to find an alternative banking system to move away from traditional one. Approximately 51% of the population in Latin America and the Caribbean have bank accounts, prompting fintech starts-ups to have come up with an idea to provide alternative financial services to the masses. Start-up companies like Ripio and BITSO are making progress towards providing better customer services using blockchain technology. Based on the countries, Latin America is divided into Argentina, Brazil, and the Rest of LATAM. Argentina and Brazil are expected to hold 50% of the market share. Key growth factors: o Latin America found Bitcoin to be helpful to attract businesses and expand the existing number of firms. The technology will help e-commerce firms like eBay, and Amazon that have already started their business in the region, to expand further. o Latin America faces the problem of food security. The players in this region started using Blockchain technology to solve this problem. IBM has joined hands with Walmart to use blockchain technology in the supply chain to ensure food safety in pork and Mexican mangoes Threats and key players: o Though funding in Blockchain, start-ups in Latin America are showing an increasing trend, that there still lies a problem in understanding the technology. The lack of awareness among bankers about the technology posesa serious problem. o The key players are BITSO, Microsoft Corporation, Ripio, Bitinka, and RSk Labs. What’s covered in the report? o Overview of the Latin America technology market o The current and forecasted market size data for the Latin America Blockchain technology market o The current and forecasted market size data for the segments of the market – by industries– BFS (Banking and Financial services), Insurance, Supply Chain, Healthcare, others o Market trends in the Latin America blockchain technology market o Market drivers and challenges in the Latin America Blockchain technology market o Current and forecasted regional (Argentina, Brazil, and Rest of LATAM) market size data for Latin America Blockchain technology market and its segments o Analysis of company profiles of major players operating in the market Why buy? o Get a broad understanding of the Latin America Blockchain technology market and its segments- by type and by industries o Get region-specific drivers and challenges affecting the Latin America Blockchain technology market o Recognize significant competitors' business and market dynamics, and respond accordingly Customizations Available With the given market data, Netscribes offers customizations according to specific needs. Write to us at info@netscribes.com

Table of Contents

Chapter 1: Executive summary 1.1 Market scope and segmentation 1.2 Key questions answered in this study 1.3 Executive summary I 1.4 Executive summary II Chapter 2: Introduction 2.1. Blockchain technology- functionality 2.2. Blockchain application 2.3. Blockchain use cases 2.4. Value chain-Blockchain technology market Chapter 3: Latin America Blockchain Technology Market overview 3.1. Market overview– Key observations, global historical (2016-2017) and forecasted (2018-2023) market size (USD bn) 3.2. Market trends 3.3. Market drivers Chapter 4: Latin America Blockchain Technology Market by country 4.1. Argentina- Historical (2016-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges 4.2. Brazil- Historical (2016-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges 4.3. Rest of LATAM- Historical (2016-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges Chapter 5: Latin America Blockchain Technology Market by industries 5.1. Europe segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries – Industry overview, market share 5.1.1. Argentina- industry segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries – Revenue contribution (historical and forecasted), drivers, and key competitors 5.1.2. Brazil- industry segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries – Revenue contribution (historical and forecasted), drivers, and key competitors 5.1.3. Rest of LATAM- industry segmentation by BFS, Insurance, Supply Chain, Healthcare and other industries – Revenue contribution (historical and forecasted), drivers, and key competitors Chapter 6: Company profiles 6.1. Microsoft Corporation o Company Snapshot o Key People o Financial Standing o Blockchain Offering o Focus Area o Recent Initiatives o Key Verticals o Geographical Presence 6.2. Ripio o Company Snapshot o Key People o Financial Standing o Blockchain Offering o Focus Area o Recent Initiatives o Key Verticals o Geographical Presence 6.3. BITSO. (Bitcoin Exchange) o Company Snapshot o Key People o Financial Standing o Blockchain Offering o Focus Area o Recent Initiatives o Key Verticals o Geographical Presence 6.4. Bitinka o Company Snapshot o Key People o Financial Standing o Blockchain Offering o Focus Area o Recent Initiatives o Key Verticals o Geographical Presence 6.5. RSk Labs o Company Snapshot o Key People o Financial Standing o Blockchain Offering o Focus Area o Recent Initiatives o Key Verticals o Geographical Presence Chapter 7: Conclusion 7.1. Blockchain Opportunities 7.2. Conclusion Appendix 1. List of Tables 2. Research Methodology 3. Assumptions 4. About Netscribes Inc. Disclaimer: The Table of Contents (ToC) provided above contains the targeted coverage. The coverage is subject to change as we progress with the research.

Methodology

This research report involves complete picture of the market with the help of in-depth secondary and primary research. This research report studies several aspects of the market and analyze vital industry influencers. Extensive secondary research has been conducted using paid as well as open access data sources in order to gather information on the market and parent market. These key findings are then analyzed and validated with the help of in-house data models and primary discussions with key industry participants and experts across the value chain

research-methodology

Research Tools and Models

  • Top-Down Approach and Bottom-Up Approach
  • QFD Modeling for Market Size and Share Calculation
  • Regression, Variable and Impact Analysis
  • Penetration Modeling

Qualitative Research

  • It comprises briefing about market dynamics and business opportunities and strategies.
  • Finally, all the research findings are validated through interviews with in-house industry experts, freelance consultants and key opinion leaders etc.

Quantitative Research

It involves various mathematical tools, models, projection, and sampling techniques. It involves following steps:

  • Identification of market variables and market size derivation
  • Assessment of future prospects, opportunities and market penetration rates by analyzing product commercialization, regional trends etc.
  • Evaluation historical market trends and derivation of present and future year-on-year growth trends

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