Product Code: ETC4406307 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The blockchain as a service market in Malaysia is gaining traction as businesses explore the potential applications of blockchain technology. This market offers cloud-based platforms and services that enable businesses to leverage blockchain for various purposes, including supply chain management, smart contracts, and secure transactions. As industries seek to harness the benefits of decentralized ledgers, the demand for blockchain as a service solutions is expected to grow.
The blockchain as a service market in Malaysia is being driven by the increasing interest in blockchain technology across various sectors. Companies are looking to harness the benefits of blockchain without the complexities of developing and maintaining their own infrastructure. The demand for secure, efficient, and cost-effective blockchain solutions is pushing the growth of blockchain as a service.
The blockchain as a service market in Malaysia faces challenges related to the adoption of blockchain technology. Enterprises often hesitate to embrace this technology due to concerns about security, scalability, and interoperability. The need for educating businesses about the benefits and potential of blockchain remains a significant challenge.
The COVID-19 pandemic had a transformative impact on the Malaysia blockchain as a service market. The crisis highlighted the need for secure and transparent digital transactions, which in turn drove the adoption of blockchain technology. Businesses across various sectors, including finance, supply chain, and healthcare, sought to leverage blockchain for its capabilities in enhancing trust, security, and efficiency. This led to an uptick in demand for blockchain-as-a-service offerings, as organizations sought to harness the benefits of blockchain without the complexities of in-house implementation. Regulatory considerations and concerns over interoperability remained key factors influencing the market`s trajectory.
In Malaysia evolving technology ecosystem, the Blockchain as a Service (BaaS) market is witnessing significant growth, with several Leading Players leading the way. Notable companies such as IBM, Microsoft, and Oracle have established themselves as frontrunners in providing BaaS solutions. These industry leaders offer comprehensive platforms that enable businesses to harness the power of blockchain without the complexities of building and maintaining their own infrastructure. Their solutions cater to a wide range of industries, including finance, supply chain, and healthcare. By offering secure and scalable BaaS solutions, these Leading Players are instrumental in driving the adoption of blockchain technology in Malaysia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Blockchain as a Service Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Blockchain as a Service Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Blockchain as a Service Market - Industry Life Cycle |
3.4 Malaysia Blockchain as a Service Market - Porter's Five Forces |
3.5 Malaysia Blockchain as a Service Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.6 Malaysia Blockchain as a Service Market Revenues & Volume Share, By End User , 2021 & 2031F |
3.7 Malaysia Blockchain as a Service Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.8 Malaysia Blockchain as a Service Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Malaysia Blockchain as a Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Blockchain as a Service Market Trends |
6 Malaysia Blockchain as a Service Market, By Types |
6.1 Malaysia Blockchain as a Service Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Blockchain as a Service Market Revenues & Volume, By Offering , 2021-2031F |
6.1.3 Malaysia Blockchain as a Service Market Revenues & Volume, By Tools , 2021-2031F |
6.1.4 Malaysia Blockchain as a Service Market Revenues & Volume, By Services, 2021-2031F |
6.2 Malaysia Blockchain as a Service Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Blockchain as a Service Market Revenues & Volume, By BFSI, 2021-2031F |
6.2.3 Malaysia Blockchain as a Service Market Revenues & Volume, By FMCG, 2021-2031F |
6.2.4 Malaysia Blockchain as a Service Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 Malaysia Blockchain as a Service Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.6 Malaysia Blockchain as a Service Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.2.7 Malaysia Blockchain as a Service Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.2.8 Malaysia Blockchain as a Service Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.2.9 Malaysia Blockchain as a Service Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3 Malaysia Blockchain as a Service Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Blockchain as a Service Market Revenues & Volume, By Supply Chain Management, 2021-2031F |
6.3.3 Malaysia Blockchain as a Service Market Revenues & Volume, By Smart Contracts, 2021-2031F |
6.3.4 Malaysia Blockchain as a Service Market Revenues & Volume, By Identity Management, 2021-2031F |
6.3.5 Malaysia Blockchain as a Service Market Revenues & Volume, By Payments, 2021-2031F |
6.3.6 Malaysia Blockchain as a Service Market Revenues & Volume, By Governance, Risk, and Compliance Management, 2021-2031F |
6.3.7 Malaysia Blockchain as a Service Market Revenues & Volume, By Others, 2021-2031F |
6.4 Malaysia Blockchain as a Service Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Blockchain as a Service Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.4.3 Malaysia Blockchain as a Service Market Revenues & Volume, By SMEs, 2021-2031F |
7 Malaysia Blockchain as a Service Market Import-Export Trade Statistics |
7.1 Malaysia Blockchain as a Service Market Export to Major Countries |
7.2 Malaysia Blockchain as a Service Market Imports from Major Countries |
8 Malaysia Blockchain as a Service Market Key Performance Indicators |
9 Malaysia Blockchain as a Service Market - Opportunity Assessment |
9.1 Malaysia Blockchain as a Service Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.2 Malaysia Blockchain as a Service Market Opportunity Assessment, By End User , 2021 & 2031F |
9.3 Malaysia Blockchain as a Service Market Opportunity Assessment, By Application , 2021 & 2031F |
9.4 Malaysia Blockchain as a Service Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Malaysia Blockchain as a Service Market - Competitive Landscape |
10.1 Malaysia Blockchain as a Service Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Blockchain as a Service Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |