Blockchain is a distributed ledger technology that operates on peer-to-peer networks to facilitate transaction processing while reducing redundancies arising out of duplication, mismatching, and other accounting errors. The oil and gas industry has traditionally relied on paper-based transaction processing that is error-prone and bound to create inefficiencies leading to operational losses. Oil and gas companies have started adapting blockchain technology to suit their business workflow requirements in order to improve efficiency and target lower operational costs.
This report contains market size and forecasts of Blockchain in Oil & Gas in Global, including the following market information:
Global Blockchain in Oil & Gas Market Size 2024-2032, ($ millions)
The global Blockchain in Oil & Gas market is projected to reach US$ million by 2029.
We surveyed the Blockchain in Oil & Gas companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Blockchain in Oil & Gas Market, by Type, 2024-2032 ($ millions)
Global Blockchain in Oil & Gas Market Segment Percentages, by Type
Reduce Cash Cycle Time
Increase Transaction Visibility
Reduce Overhead & Number of Cost Intermediates
Global Blockchain in Oil & Gas Market, by Application, 2024-2032 ($ millions)
Global Blockchain in Oil & Gas Market Segment Percentages, by Application
Oil and Gas Companies
Energy and Utilities
Other
Global Blockchain in Oil & Gas Market, By Region and Country, 2024-2032 ($ Millions)
Global Blockchain in Oil & Gas Market Segment Percentages, by region and country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
IBM
Accenture
SAP
Microsoft
Infosys
HCL Technologies
Ondiflo
EY
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Blockchain in Oil & Gas Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Blockchain in Oil & Gas Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Blockchain in Oil & Gas Overall Market Size
2.1 Global Blockchain in Oil & Gas Market Size: 2023 VS 2032
2.2 Global Blockchain in Oil & Gas Market Size, Prospects & Forecasts: 2023-2032
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Key Blockchain in Oil & Gas Players in Global Market
3.2 Global Companies Blockchain in Oil & Gas Product & Technology
4 Blockchain in Oil & Gas Companies Profiles
4.1 IBM
4.1.1 IBM Company Summary
4.1.2 IBM Business Overview
4.1.3 IBM Blockchain in Oil & Gas Product Offerings & Technology
4.1.4 IBM Blockchain in Oil & Gas R&D, and Plans
4.2 Accenture
4.2.1 Accenture Company Summary
4.2.2 Accenture Business Overview
4.2.3 Accenture Blockchain in Oil & Gas Product Offerings & Technology
4.2.4 Accenture Blockchain in Oil & Gas R&D, and Plans
4.3 SAP
4.3.1 SAP Company Summary
4.3.2 SAP Business Overview
4.3.3 SAP Blockchain in Oil & Gas Product Offerings & Technology
4.3.4 SAP Blockchain in Oil & Gas R&D, and Plans
4.4 Microsoft
4.4.1 Microsoft Company Summary
4.4.2 Microsoft Business Overview
4.4.3 Microsoft Blockchain in Oil & Gas Product Offerings & Technology
4.4.4 Microsoft Blockchain in Oil & Gas R&D, and Plans
4.5 Infosys
4.5.1 Infosys Company Summary
4.5.2 Infosys Business Overview
4.5.3 Infosys Blockchain in Oil & Gas Product Offerings & Technology
4.5.4 Infosys Blockchain in Oil & Gas R&D, and Plans
4.6 HCL Technologies
4.6.1 HCL Technologies Company Summary
4.6.2 HCL Technologies Business Overview
4.6.3 HCL Technologies Blockchain in Oil & Gas Product Offerings & Technology
4.6.4 HCL Technologies Blockchain in Oil & Gas R&D, and Plans
4.7 Ondiflo
4.7.1 Ondiflo Company Summary
4.7.2 Ondiflo Business Overview
4.7.3 Ondiflo Blockchain in Oil & Gas Product Offerings & Technology
4.7.4 Ondiflo Blockchain in Oil & Gas R&D, and Plans
4.8 EY
4.8.1 EY Company Summary
4.8.2 EY Business Overview
4.8.3 EY Blockchain in Oil & Gas Product Offerings & Technology
4.8.4 EY Blockchain in Oil & Gas R&D, and Plans
5 Sights by Region
5.1 By Region - Global Blockchain in Oil & Gas Market Size, 2024 & 2032
5.2 By Region - Global Blockchain in Oil & Gas Revenue, (2024-2032)
5.3 United States
5.3.1 Key Players of Blockchain in Oil & Gas in United States
5.3.2 United States Blockchain in Oil & Gas Development Current Situation and Forecast
5.4 Europe
5.4.1 Key Players of Blockchain in Oil & Gas in Europe
5.4.2 Europe Blockchain in Oil & Gas Development Current Situation and Forecast
5.5 China
5.5.1 Key Players of Blockchain in Oil & Gas in China
5.5.2 China Blockchain in Oil & Gas Development Current Situation and Forecast
5.6 Rest of World
6 Sights by Product
6.1 By Type - Global Blockchain in Oil & Gas Market Size Markets, 2024 & 2032
6.2 Reduce Cash Cycle Time
6.3 Increase Transaction Visibility
6.4 Reduce Overhead & Number of Cost Intermediates
7 Sights by Application
7.1 By Application - Global Blockchain in Oil & Gas Market Size, 2024 & 2032
7.2 Oil and Gas Companies
7.3 Energy and Utilities
7.4 Other
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Blockchain in Oil & Gas Market Opportunities & Trends in Global Market
Table 2. Blockchain in Oil & Gas Market Drivers in Global Market
Table 3. Blockchain in Oil & Gas Market Restraints in Global Market
Table 4. Key Players of Blockchain in Oil & Gas in Global Market
Table 5. Global Companies Blockchain in Oil & Gas Product & Technology
Table 6. IBM Company Summary
Table 7. IBM Blockchain in Oil & Gas Product Offerings
Table 8. Accenture Company Summary
Table 9. Accenture Blockchain in Oil & Gas Product Offerings
Table 10. SAP Company Summary
Table 11. SAP Blockchain in Oil & Gas Product Offerings
Table 12. Microsoft Company Summary
Table 13. Microsoft Blockchain in Oil & Gas Product Offerings
Table 14. Infosys Company Summary
Table 15. Infosys Blockchain in Oil & Gas Product Offerings
Table 16. HCL Technologies Company Summary
Table 17. HCL Technologies Blockchain in Oil & Gas Product Offerings
Table 18. Ondiflo Company Summary
Table 19. Ondiflo Blockchain in Oil & Gas Product Offerings
Table 20. EY Company Summary
Table 21. EY Blockchain in Oil & Gas Product Offerings
Table 22. By Region? Global Blockchain in Oil & Gas Revenue, (US$, Mn), 2024 & 2032
Table 23. By Region - Global Blockchain in Oil & Gas Revenue, (US$, Mn), 2024-2032
Table 24. By Type ? Global Blockchain in Oil & Gas Market Size, (US$, Mn), 2024 & 2032
Table 25. By Application? Global Blockchain in Oil & Gas Market Size, (US$, Mn), 2024 & 2032
List of Figures
Figure 1. Blockchain in Oil & Gas Segment by Type in 2032
Figure 2. Blockchain in Oil & Gas Segment by Application in 2032
Figure 3. Global Blockchain in Oil & Gas Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Blockchain in Oil & Gas Market Size: 2023 VS 2032 (US$, Mn)
Figure 6. Global Blockchain in Oil & Gas Revenue, 2017-2028 (US$, Mn)
Figure 7. By Region - Global Blockchain in Oil & Gas Revenue Market Share, 2024-2032
Figure 8. By Type - Global Blockchain in Oil & Gas Revenue Market Share, 2024-2032
Figure 9. By Application - Global Blockchain in Oil & Gas Revenue Market Share, 2024-2032