Blockchain Technology Market
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Blockchain Technology Market – Regional Outlook The global blockchain technology market is segmented into the seven regions : North America , Latin America , Western Europe , and Eastern Europe , Asia Pacific Excluding Japan ( APEJ ), Japan and Middle East and Africa ( MEA ). The North America is dominating the global blockchain technology and contributed the leading shares in terms of revenue to the global blockchain technology as the high acceptance of blockchain technology due to its transparency and immutability . The Western Europe also contributed the significant shares to the global blockchain technology and anticipated to register the healthy growth over the forecast period . APEJ is the most lucrative market for the blockchain technology as the growing demand for the blockchain technology from the various industries such as banking , finance , insurance , media and entertainment and , retail and ecommerce sectors . Latin America and MEA are at a nascent stage in the global blockchain technology market due to low awareness and adaptability in the regions and anticipated to register the decent market growth over the forecast period . Overall , the global blockchain technology market is projected to register a significant CAGR over the forecast period 2016 – 2026 .
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