Posts tagged blockchain
New IDC Spending Guide Sees Strong Growth in Blockchain Solutions Leading to $15.9 Billion Market in 2023

Worldwide spending on blockchain solutions is forecast to be nearly $15.9 billion in 2023, according to a new update to the Worldwide Semiannual Blockchain Spending Guide from International Data Corporation (IDC). IDC expects blockchain spending to grow at a robust pace throughout the 2018-2023 forecast period with a five-year compound annual growth rate (CAGR) of 60.2%. Blockchain spending in 2019 is forecast to be $2.7 billion, an increase of 80% over 2018.

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Mobile ID Platforms to be Used by 5 Billion People in 2024, Juniper Research Finds

the number of people using government-issued digital identity credentials will grow by over 150% from an expected 1.7 billion in 2019 to over 5 billion in 2024, according to a new report from Juniper Research. Emerging economies in Asia and Africa are some of the biggest markets, as countries leapfrog analogue identities to benefit from the efficiencies digital registration and management bring.

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Fintech Platform Revenues Will Reach $638 Billion By 2024, Up From An Estimated $263 Billion In 2019, Juniper Research Says

Technologies such as machine learning, Big Data analytics and blockchain will be the cornerstone of fintech platforms. These factors will fundamentally alter the way financial services are delivered and drive fintech platforms to become the “new normal” according to a new report from Juniper Research.

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Europe Blockchain Technologies Market on Track to Hit $3.6 Billion in 2022, According to IDC

Despite a slow start, Europe is now one of the fastest-growing regions worldwide for blockchain spending, according to a new report from International Data Corp. (IDC). This is due to a number of factors, such as enterprises moving blockchain to production and a wave of local start-ups driving marketing and sales activities.

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