What is the current Blockchain Market in the Energy Industry size?

The Blockchain Market in the Energy Industry is projected to register a CAGR of 34% during the forecast period (2024-2029) Read More

Who are the key players in Blockchain Market in the Energy Industry?

SAP SE (SAP), Microsoft Corp, Accenture PLC, IBM Corporation and LO3 Energy Inc. are the major companies operating in the Blockchain Market in the Energy Industry. Read More

Which is the fastest growing region in Blockchain Market in the Energy Industry?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Blockchain Market in the Energy Industry?

In 2024, the Europe accounts for the largest market share in Blockchain Market in the Energy Industry. Read More

What years does this Blockchain Market in the Energy Industry cover?

The report covers the Blockchain Market in the Energy Industry historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Blockchain Market in the Energy Industry size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Blockchain Market in the Energy Sector Market Share

Statistics for the 2023 & 2024 Blockchain Market in the Energy Sector market share, created by Mordor Intelligence™ Industry Reports. Blockchain Market in the Energy Sector share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Blockchain Industry in the Energy Sector

There are a lot of big players in the energy blockchain market, which is very competitive. As far as market share goes, SAP SE (SAP), Microsoft Corp., Accenture PLC, and IBM Corp. are the three biggest players on the market right now. These big players have a big share of the market, so they are focusing on getting more customers in other countries. These companies leverage strategic collaborative initiatives to increase their market shares and profitability. To strengthen their product capabilities, the companies operating in the market are also acquiring start-ups working on blockchain in energy technologies.

In July 2022, INFINITY partnered with the blockchain company Yesports. This partnership aimed to launch a fan engagement program based on non-fungible tokens (NFTs). The deal highlighted an increasing number of esports organizations looking to rely on blockchain and Web3 to establish fan engagement strategies.

Intel announced in April 2022 that their new Intel Blockchain ASIC (application-specific integrated circuit) was coming out. This chip is supposed to make hashing for proof-of-work consensus networks more energy-efficient.