DUBLIN, Feb. 8, 2021 /PRNewswire/ -- The "Blockchain Technology and Internet of Things in Business Automation: Blockchain Technology and IoT Authentication, Authorization, Accounting, Billing, and Settlement 2020 - 2025" report has been added to ResearchAndMarkets.com's offering.

This research evaluates the technology, leading companies, and solutions in the evolving blockchain ecosystem. The report evaluates current and anticipated use cases for blockchain and assesses the market potential globally, regionally, and segmented by deployment type and industry vertical for the period 2020 to 2025.

The research also evaluates key players, solutions, and use cases. It also assesses the prospect of integrating blockchain with other technologies including IoT and artificial intelligence. The report includes detailed forecasts by use case, application, and industry verticals. This includes blockchain applications and solutions for both financial and non-financial markets.

This research also assesses the market for IoT authentication and authorization by technology, solutions, and industry verticals with forecasts from 2020 to 2025. The report analyzes IoT authentication and authorization market drivers and opportunities. The report also assesses IoT authentication and authorization infrastructure requirements.

As blockchain promises to replace third parties with a network of nodes to verify transactions and to make the process faster, it has gained massive attention from financial services sectors. Many non-traditional firms even have entered into the ecosystem to create blockchain networks to facilitate financial transactions. Some of the popular applications of blockchain in financial services include peer-to-peer payment transactions, payment clearing and settlement, and money exchange between parties.

We see blockchain and related distributed authentication and accounting technologies transforming ICT systems and processes. There will also be a substantial impact in terms of business model disintermediation across a wide variety of industry verticals. Lessons learned in FinTech and traditional banking from the deployment and operation of decentralized authentication, clearing and settlement, will be applied towards many telecom and computing problems for the benefit of many industry verticals.

The impact will be wide-ranging, including everything from investing/trading to the legal cannabis industry, and very deep in terms of changes to supply chains and relationships between vendors, customers, and peers. We are already starting to see major impacts in shipping, food safety, and various logistics-heavy industries.

Integration and operation of blockchain technology will redefine how various industries operate, dramatically improving efficiencies, and reduce the cost of doing business. One important example is the Internet of Things (IoT), which is a very promising area as analysts anticipate that the use of blockchain in IoT networks/systems will be one of the means for authenticating and authorizing transactions.

We see Blockchain as a Service (BaaS) representing a key service offering for many market segments as a means of solution introduction and scalability via a cloud services model. BaaS service providers will include many different types of services such as customize blockchain applications for cloud services, specific industries, custom consulting, and integration with existing systems.

IoT authentication and authorization solutions are important in support of IoT data management including access and management with a Data as a Service (DaaS) model, which is defined as any service offered where users can access vendor provided databases or host their own databases on vendor managed systems.

IoT Data as a Service (IoT DaaS) offers convenient and cost-effective solutions to enterprises of various sizes and domains. IoT DaaS constitutes retrieving, storing and analyzing information and providing customers either of the three or integrated service packages depending on the budget and the requirement. Acquiring (capturing and/or licensing), storing, processing, and distributing IoT data is anticipated to become a multi-billion-dollar business by 2025.

IoT authentication and authorization solutions are also important in support of the "things" involved in IoT, which vary from devices used to detect, actuate, signal, engage, and more. IoT things also involve everything from gateways, modules, and sensors to hardware and embedded software within products and equipment and other consumers, enterprise, and industrial assets. The IoT ecosystem could easily become highly cumbersome with so many different "things" to consider as part of IoT provisioning, activation, administration and other management functions.

More specifically, IoT authentication and authorization solutions are important in support of IoT device management in concert with the expanding scope of devices by volume, type, purpose, role and importance. Authentication ensures proper IoT device security, which goes beyond access (to device, network/system, etc.) and includes data security/privacy as well as securing proper decisions (e.g. ensuring that autonomous processes are carried forth in a manner that is not detrimental).

Key Topics Covered:

Blockchain Technology Market by Service Type, Applications, Solutions, Industry Verticals 2020 - 2025

1 Executive Summary

2 Introduction2.1 Evolution of Payment Industry2.2 Payments Value Chain and Blockchain2.3 Blockchain Technology2.4 Early Blockchain Implementations2.5 Blockchain Technology SWOT Analysis

3 Blockchain Ecosystem and Marketplace3.1 Blockchain Types and Stakeholders3.2 Blockchain Applications3.3 Blockchain Application in Industry Verticals3.4 Blockchain in the Internet of Things3.5 Blockchain as a Service (BaaS)3.6 Blockchain Stakeholders in ICT3.7 Blockchain to Improve Cybersecurity3.8 Blockchain Investment Analysis3.9 Important Blockchain Consortia and Associations3.10 Blockchain Solutions in Industry Verticals

4 Blockchain Market Outlook and Forecasts 2020 - 20254.1 Global Market Forecast 2020 - 20254.2 Blockchain Markets by Solution

5 Blockchain Vendors5.1 21, Inc.5.2 Accenture5.3 Abra, Inc.5.4 Alphapoint Corporation5.5 Amazon5.6 Baidu5.7 Bitfury Group5.8 Blockchain Global Limited5.9 BlockCypher, Inc.5.10 Bloq5.11 BTL Group (Blockchain Tech Ltd.)5.12 Chain, Inc.5.13 Circle Internet Financial Limited5.14 Coinbase5.15 Coinfirm Ltd.5.16 ConsenSys Systems (ConsenSys)5.17 Credits5.18 Dell Technologies5.19 Deloitte Touche Tohmatsu5.20 Digital Asset Holdings5.21 Digitalx Ltd. (Digital Cc Ltd.)5.22 DMG Blockchain Solutions5.23 Earthport5.24 Factom Inc.5.25 Fidelity Investments5.26 Global Arena Holding, Inc. (GAHC)5.27 HP5.28 Holo5.29 HyperLedger5.30 IBM Corporation5.31 Intelygenz5.32 IOTA5.33 Libra Services, Inc.5.34 Linux Foundation5.35 Microsoft Corporation5.36 Monax5.37 NASDAQ5.38 Overstock5.39 R35.40 Ripple5.41 ShoCard5.42 Tecent

6 Conclusions and Recommendations

IoT Authentication and Authorization by Technology, Solutions, and Industry Verticals 2020 - 2025

1 Executive Summary

2 Introduction2.1 IoT Data2.2 IoT Devices2.3 IoT Identity Management2.4 IoT Trust Environment

3 IoT Authentication and Authorization Market Drivers3.1 Machine Transactions3.2 Edge Computing3.3 Device Management3.4 Data Management3.5 Service Level Agreements

4 IoT Authentication and Authorization Market Opportunities4.1 Support of IoT Data as a Service4.2 IoT Identity Management and AAA as a Service4.3 IoT Mediation and Orchestration

5 IoT Authentication and Authorization Infrastructure5.1 IoT Database Infrastructure5.2 DB Support of IoT Orchestration and Mediation5.3 DB Support of IoT AAA Services5.4 IoT DB Support of IoT Identity Management5.5 IoT DB Support of IoT Data Management and Analytics5.6 IoT DB Registry and Transaction Services

6 IoT Authentication and Authorization Market Analysis and Forecasts 2020 - 20256.1 Global IoT Authentication and Authorization Market Forecast 2020 - 20256.2 Global AI Market Forecast in IoT Authentication and Authorization 2020 - 20256.3 Global IoT Authentication and Authorization Market in 5G Network 2020 - 20256.4 Global IoT Authentication and Authorization Market in Edge Network 2020 - 20256.5 Regional IoT Authentication and Authorization Market Forecasts 2020 - 20256.5.1 IoT Authentication and Authorization Market by Region

7 Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/6mxgq8

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Global Business Automation Blockchain Technology and Internet of Things Market Report 2020-2025 with Profiles of 42 Vendors - PRNewswire