Global Blockchain in Utilities Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI03257879

Publication Date:

March 4, 2025

Pages:

107

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Blockchain in Utilities market size is predicted to grow from US$ 1965 million in 2025 to US$ 2924 million in 2031; it is expected to grow at a CAGR of 6.8% from 2025 to 2031.
Blockchain has the potential to help utilities lower operational expenditure, increase efficiency, improve transparency, reduce capital requirements, and expensive upgrades. With blockchain, utilities can unlock new revenue streams by empowering consumers and prosumers to play a more active role in the energy market.
The global blockchain in utilities market refers to the implementation and use of blockchain technology within the utilities sector. Blockchain technology, characterized by its decentralized and transparent nature, offers various potential applications in the utilities industry, including energy trading, grid management, supply chain management, and asset tracking.
Here are some key points about the global blockchain in utilities market:
Energy Trading: Blockchain technology enables the peer-to-peer trading of energy, allowing consumers to directly buy and sell electricity without the need for intermediaries. This decentralized approach can increase efficiency, reduce costs, and promote renewable energy adoption.
Grid Management: Blockchain can play a role in optimizing grid management by enabling secure and real-time data sharing between different entities in the energy ecosystem. This can facilitate efficient energy distribution, load balancing, and grid stability.
Supply Chain Management: Blockchain can improve transparency and traceability in the utilities supply chain, ensuring the authenticity of energy sources and reducing fraud or tampering. Smart contracts on the blockchain can automate processes such as billing, metering, and settlements.
Asset Tracking: Blockchain technology can be used to track and manage assets in the utilities sector, including infrastructure equipment, smart meters, and renewable energy certificates. This enhances asset management, maintenance, and lifecycle tracking.
Renewable Energy Certificates (RECs): Blockchain can facilitate the issuance, trading, and verification of renewable energy certificates. This allows for greater transparency and trust in renewable energy generation and consumption, aiding in meeting sustainability goals.
Regulatory Compliance: Blockchain has the potential to streamline regulatory compliance in the utilities industry, as it provides an immutable and transparent record of transactions and data. This can help utilities comply with regulations, such as emissions reporting or data privacy requirements.
Market Growth Factors: The global blockchain in utilities market is driven by various factors, including:
Increasing Demand for Decentralized Energy Systems: The transition towards decentralized energy systems and the rise of renewable energy sources create opportunities for blockchain-based solutions in utilities.
Need for Secure and Efficient Transactions: Blockchain鈥檚 secure and transparent nature addresses the challenges of data integrity, cybersecurity, and inefficient manual processes in the utilities sector.
Government Initiatives and Support: Governments and regulatory bodies worldwide are recognizing the potential of blockchain technology in the utilities industry and are implementing supportive policies and pilot projects.
Emergence of Prosumer Energy Landscape: The growth of prosumers, who both consume and produce energy, can be facilitated by blockchain-based peer-to-peer energy trading platforms.
The global blockchain in utilities market is continuously evolving, and its adoption is influenced by factors such as regulatory frameworks, technological advancements, and industry collaborations. As blockchain technology continues to mature, its potential to transform the utilities sector remains significant.
The 鈥淏lockchain in Utilities Industry Forecast鈥� looks at past sales and reviews total world Blockchain in Utilities sales in 2024, providing a comprehensive analysis by region and market sector of projected Blockchain in Utilities sales for 2025 through 2031. With Blockchain in Utilities sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Blockchain in Utilities industry.
This Insight Report provides a comprehensive analysis of the global Blockchain in Utilities landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Blockchain in Utilities portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Blockchain in Utilities market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Blockchain in Utilities and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Blockchain in Utilities.
This report presents a comprehensive overview, market shares, and growth opportunities of Blockchain in Utilities market by product type, application, key players and key regions and countries.
Segmentation by Type:
Vertical Solutions
Blockchain-as-a-Service
Others
Segmentation by Application:
Proof of Concept
Pilot
Production
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Power Ledger
Siemens
IBM Corporation
Greeneum
Oracle Corporation
Microsoft Corporation
EnergiMine
Accenture PLC
Infosys Limited
SAP SE
LO3 Energy Inc.
The Sun Exchange (Pty) Ltd.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Blockchain in Utilities Market Size (2020-2031)
2.1.2 Blockchain in Utilities Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Blockchain in Utilities by Country/Region (2020, 2024 & 2031)
2.2 Blockchain in Utilities Segment by Type
2.2.1 Vertical Solutions
2.2.2 Blockchain-as-a-Service
2.2.3 Others
2.3 Blockchain in Utilities Market Size by Type
2.3.1 Blockchain in Utilities Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Blockchain in Utilities Market Size Market Share by Type (2020-2025)
2.4 Blockchain in Utilities Segment by Application
2.4.1 Proof of Concept
2.4.2 Pilot
2.4.3 Production
2.4.4 Others
2.5 Blockchain in Utilities Market Size by Application
2.5.1 Blockchain in Utilities Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Blockchain in Utilities Market Size Market Share by Application (2020-2025)
3 Blockchain in Utilities Market Size by Player
3.1 Blockchain in Utilities Market Size Market Share by Player
3.1.1 Global Blockchain in Utilities Revenue by Player (2020-2025)
3.1.2 Global Blockchain in Utilities Revenue Market Share by Player (2020-2025)
3.2 Global Blockchain in Utilities Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Blockchain in Utilities by Region
4.1 Blockchain in Utilities Market Size by Region (2020-2025)
4.2 Global Blockchain in Utilities Annual Revenue by Country/Region (2020-2025)
4.3 Americas Blockchain in Utilities Market Size Growth (2020-2025)
4.4 APAC Blockchain in Utilities Market Size Growth (2020-2025)
4.5 Europe Blockchain in Utilities Market Size Growth (2020-2025)
4.6 Middle East & Africa Blockchain in Utilities Market Size Growth (2020-2025)
5 Americas
5.1 Americas Blockchain in Utilities Market Size by Country (2020-2025)
5.2 Americas Blockchain in Utilities Market Size by Type (2020-2025)
5.3 Americas Blockchain in Utilities Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Blockchain in Utilities Market Size by Region (2020-2025)
6.2 APAC Blockchain in Utilities Market Size by Type (2020-2025)
6.3 APAC Blockchain in Utilities Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Blockchain in Utilities Market Size by Country (2020-2025)
7.2 Europe Blockchain in Utilities Market Size by Type (2020-2025)
7.3 Europe Blockchain in Utilities Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Blockchain in Utilities by Region (2020-2025)
8.2 Middle East & Africa Blockchain in Utilities Market Size by Type (2020-2025)
8.3 Middle East & Africa Blockchain in Utilities Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Blockchain in Utilities Market Forecast
10.1 Global Blockchain in Utilities Forecast by Region (2026-2031)
10.1.1 Global Blockchain in Utilities Forecast by Region (2026-2031)
10.1.2 Americas Blockchain in Utilities Forecast
10.1.3 APAC Blockchain in Utilities Forecast
10.1.4 Europe Blockchain in Utilities Forecast
10.1.5 Middle East & Africa Blockchain in Utilities Forecast
10.2 Americas Blockchain in Utilities Forecast by Country (2026-2031)
10.2.1 United States Market Blockchain in Utilities Forecast
10.2.2 Canada Market Blockchain in Utilities Forecast
10.2.3 Mexico Market Blockchain in Utilities Forecast
10.2.4 Brazil Market Blockchain in Utilities Forecast
10.3 APAC Blockchain in Utilities Forecast by Region (2026-2031)
10.3.1 China Blockchain in Utilities Market Forecast
10.3.2 Japan Market Blockchain in Utilities Forecast
10.3.3 Korea Market Blockchain in Utilities Forecast
10.3.4 Southeast Asia Market Blockchain in Utilities Forecast
10.3.5 India Market Blockchain in Utilities Forecast
10.3.6 Australia Market Blockchain in Utilities Forecast
10.4 Europe Blockchain in Utilities Forecast by Country (2026-2031)
10.4.1 Germany Market Blockchain in Utilities Forecast
10.4.2 France Market Blockchain in Utilities Forecast
10.4.3 UK Market Blockchain in Utilities Forecast
10.4.4 Italy Market Blockchain in Utilities Forecast
10.4.5 Russia Market Blockchain in Utilities Forecast
10.5 Middle East & Africa Blockchain in Utilities Forecast by Region (2026-2031)
10.5.1 Egypt Market Blockchain in Utilities Forecast
10.5.2 South Africa Market Blockchain in Utilities Forecast
10.5.3 Israel Market Blockchain in Utilities Forecast
10.5.4 Turkey Market Blockchain in Utilities Forecast
10.6 Global Blockchain in Utilities Forecast by Type (2026-2031)
10.7 Global Blockchain in Utilities Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Blockchain in Utilities Forecast
11 Key Players Analysis
11.1 Power Ledger
11.1.1 Power Ledger Company Information
11.1.2 Power Ledger Blockchain in Utilities Product Offered
11.1.3 Power Ledger Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Power Ledger Main Business Overview
11.1.5 Power Ledger Latest Developments
11.2 Siemens
11.2.1 Siemens Company Information
11.2.2 Siemens Blockchain in Utilities Product Offered
11.2.3 Siemens Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Siemens Main Business Overview
11.2.5 Siemens Latest Developments
11.3 IBM Corporation
11.3.1 IBM Corporation Company Information
11.3.2 IBM Corporation Blockchain in Utilities Product Offered
11.3.3 IBM Corporation Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 IBM Corporation Main Business Overview
11.3.5 IBM Corporation Latest Developments
11.4 Greeneum
11.4.1 Greeneum Company Information
11.4.2 Greeneum Blockchain in Utilities Product Offered
11.4.3 Greeneum Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Greeneum Main Business Overview
11.4.5 Greeneum Latest Developments
11.5 Oracle Corporation
11.5.1 Oracle Corporation Company Information
11.5.2 Oracle Corporation Blockchain in Utilities Product Offered
11.5.3 Oracle Corporation Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Oracle Corporation Main Business Overview
11.5.5 Oracle Corporation Latest Developments
11.6 Microsoft Corporation
11.6.1 Microsoft Corporation Company Information
11.6.2 Microsoft Corporation Blockchain in Utilities Product Offered
11.6.3 Microsoft Corporation Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Microsoft Corporation Main Business Overview
11.6.5 Microsoft Corporation Latest Developments
11.7 EnergiMine
11.7.1 EnergiMine Company Information
11.7.2 EnergiMine Blockchain in Utilities Product Offered
11.7.3 EnergiMine Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 EnergiMine Main Business Overview
11.7.5 EnergiMine Latest Developments
11.8 Accenture PLC
11.8.1 Accenture PLC Company Information
11.8.2 Accenture PLC Blockchain in Utilities Product Offered
11.8.3 Accenture PLC Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Accenture PLC Main Business Overview
11.8.5 Accenture PLC Latest Developments
11.9 Infosys Limited
11.9.1 Infosys Limited Company Information
11.9.2 Infosys Limited Blockchain in Utilities Product Offered
11.9.3 Infosys Limited Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Infosys Limited Main Business Overview
11.9.5 Infosys Limited Latest Developments
11.10 SAP SE
11.10.1 SAP SE Company Information
11.10.2 SAP SE Blockchain in Utilities Product Offered
11.10.3 SAP SE Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 SAP SE Main Business Overview
11.10.5 SAP SE Latest Developments
11.11 LO3 Energy Inc.
11.11.1 LO3 Energy Inc. Company Information
11.11.2 LO3 Energy Inc. Blockchain in Utilities Product Offered
11.11.3 LO3 Energy Inc. Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 LO3 Energy Inc. Main Business Overview
11.11.5 LO3 Energy Inc. Latest Developments
11.12 The Sun Exchange (Pty) Ltd.
11.12.1 The Sun Exchange (Pty) Ltd. Company Information
11.12.2 The Sun Exchange (Pty) Ltd. Blockchain in Utilities Product Offered
11.12.3 The Sun Exchange (Pty) Ltd. Blockchain in Utilities Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 The Sun Exchange (Pty) Ltd. Main Business Overview
11.12.5 The Sun Exchange (Pty) Ltd. Latest Developments
12 Research Findings and Conclusion

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