Oct 2018 - Market Forecast - Doc # EMEA43586618
Western European Blockchain Spending Forecast, 2017–2021
By: Carla La CroceSenior Research Analyst, European Industry Solutions, Customer Insights & Analysis, Kamil GregorResearch Analyst, Danielle HernandezResearch Analyst, European Digital Transformation Practice, George MironescuResearch Manager, European Cloud Platforms, Giorgio NebuloniResearch Director, European CI&A, Emerging Tech, Silvia PiaiSenior Research Manager, EMEA, Andrea SangalliAssociate Research Director, Jean-François SegalottoResearch Manager, EMEA, Maggie SlowikSenior Research Analyst, Thomas ZinkAssociate Research Director
This IDC Market Forecast is based on IDC's Worldwide Semiannual Blockchain Spending Guide and provides a detailed blockchain market forecast breakdown by technology and industry. It describes the key drivers and market dynamics that characterize blockchain.
"Interest in blockchain is driven by the multiple applications this technology lends itself to. In 2017, many companies across a wide range of industries started to understand the feasibility, sustainability, and potential deployment of blockchain, but 2018 can be defined as the year of blockchain," said Carla La Croce, senior research analyst, IDC European Industry Solutions, Customer Insight and Analysis. "Blockchain is a great opportunity for many companies to transform inefficient processes into efficient and secure ones. In particular, blockchain is seen as a broad digital transformation [DX] enabler that can empower new business outcomes."