Blockchain is a chain of blocks one after another. Each block holds a certain amount of information, which is linked in a chain in the chronological order of its own generation. The chain is stored on all the servers, and as long as one server in the system works, the whole blockchain is safe.
The size of the market
The implementation of the blockchain industry and application development plan, the development plan of emerging industries and other policies provides a strong support for the landing and development of blockchain projects. As a policy-driven development industry, China's government sector blockchain software market will expand rapidly with a growth rate of 183.5% in 2021, achieving a market size of $163 million.
The competitive landscape
Typical blockchain vendors, vertical-class blockchain vendors specializing in government industry solutions, and traditional government industry IT solution providers are all part of the market. Among them, typical blockchain technology integrated manufacturers and integrated Internet enterprises occupy more than 60% of the market share. Traditional government industry solution providers have made r&d investment and pilot projects in the direction of blockchain, but they still position it as a business innovation growth point and have not yet made large-scale efforts, so their overall market share is limited.
In 2021, the government industry blockchain software market is highly concentrated, among which Tencent cloud blockchain market share is the largest, reaching 18.8%. Ant Group, Huawei Cloud, Qulink Technology, Unicom Data Science, zhigui Technology, accounting for 14.2%, 10.4%, 9.2%, 8.2%, 5.7%, respectively.
For more information, please refer to the "Research Report on Market Prospects and Investment Opportunities of China's blockchain Industry" issued by China Business Industry Research Institute. At the same time, China Business Industry Research Institute also provides industrial blockchain, industrial intelligence, industrial research report, industrial planning, park planning, the 14th Five-year plan, industrial investment and other services.