Parangat Technologies

The Blockchain as a Service Market comprises Blockchain as a Service platform, vendors and service providers. Platform providers are vendors who provide back-end infrastructure and development tools-as-a service to application and solution developers at an individual or enterprise scale. Service providers are vendors who provide advisory and consulting, custom development, system implementation and integration services, and managed services to end-users. The market size was valued at USD 350.0 Million in 2017 and expected to reach USD 15,455.0 Million by 2023. Providers for Blockchain as a Service Market Blockchain technology providersCloud Service Providers (CSPs)Managed Service Providers (MSPs)System integratorsEnd-usersThird-party providersValue-Added Resellers (VARs)Government agenciesConsultants/consultancies/advisory firmsSupport and maintenance service providers The Blockchain as a Service market can be divided into  the following sub-segments: By Component ToolsServices By Business application Supply Chain ManagementPaymentsIdentity ManagementSmart ContractsGovernance, Risk, and Compliance Management (GRC)Others (trade finance and data storage) By Organization size Large enterprisesSmall and Medium-sized Enterprises (SMEs) By Industry Banking, Financial Services, and Insurance (BFSI)Healthcare and Life SciencesTelecom and ITTransportation and LogisticsRetail and eCommerceGovernment and Public SectorManufacturingEnergy and UtilitiesTelecom and ITMedia and EntertainmentOthers (real estate, and travel and hospitality) By Region North AmericaEuropeAsia Pacific (APAC)Latin AmericaMiddle East and Africa (MEA) By Available Customizations With the given market data, Markets offers customizations as per the company’s specific needs. The following customization options are available : Size of the BaaS Market The Blockchain as a Service market is expected to grow from USD 623.0 Million in 2018 to USD 15,455.0 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 90.1% during the forecast period. The major growth drivers of the market include the low cost of bandwidth, data storage, and computing, and need to lower risks, complexities, and increase efficiency. The services segment is expected to hold the larger market share during the forecast period. The demand for consulting and implementation services is expected to surge, due to the growing need for Blockchain as a Service solutions across organizations. Major Growth Areas Major BaaS business applications include supply chain management, payments, identity management, smart contracts, and Governance, Risk, and Compliance (GRC) management. The adoption of Blockchain as a Service offerings for the identity management business application is expected to increase significantly in the coming years. The unavailability of equivalent systems for securing the identity of digital entities and online authentication of personal identities are expected to increase the adoption of the blockchain technology. The integration of the blockchain technology provides a solution to mitigate the need for central authority and trusted third parties. The Banking, Financial Services, and Insurance (BFSI) industry is estimated to hold the largest share of the Blockchain as a Service Market in 2018. Organizations in this industry are leveraging the benefits of decentralization, immutability, efficiency, cost-effectiveness, and security, which are expected to increase the adoption of the blockchain technology across the BFSI industry. The manufacturing industry is expected to grow at the highest CAGR during the forecast period. Small and Medium-sized Enterprises (SMEs) are rapidly adopting Blockchain as a Service tools and services, owing to their ability to transform the nature of transactions. The demand for these tools is increasing due to its secure and cost-effective features. Moreover, Blockchain-as-a-Service offers reliable solutions for sharing information and ensures reduced risks and complexities of cross-organizational transactions. These factors are expected to enhance the growth of Blockchain as a Service offerings among the SMEs Challenges before the Baas Market The Blockchain as a Service Market faces challenges such as the lack of standards and best practices, and low awareness and understanding of Blockchain as a Service tools and services. Factor such as uncertain regulatory and compliance environment is expected to limit the market growth. Read the full article

A strategic plan will serve as a roadmap for expanding your business. At Parangat, we have developers to provide you with a highly experienced strategic plan for your product. As a strategy planning company, we will help you to develop an integrated strategic plan which will help you to maximize your business' potential for growth. We focus on the user-centric approach to covers all aspects and plans to enhance and boost your business growth.

A vast majority of people choose to go for android app development outsourcing instead to outsource iOS app development. Reasons are plenty and simple. Here, we have compiled a list of reasons why outsourcing your android app development to app development companies is the right choice and why you should do it.

There are various different aspects to the development of online dating apps that can beat Tinder dating app at its own game or at least present some competition. you need to keep several things in mind as you go along the development of an app like tinder and will decide cost accordingly.

Android industry is a rapidly booming in this digital tech world. Parangat Technolgies is one of the leading android app development company which focuses on quality driven solutions offering a wide range of Android device solutions, helping large and small scale businesses to put their business in their customer’s pocket. They have top-notch developers who are turning ideas into reality.

For your app design to reach the mark of success and generate success both from UX and sales perspectives, it needs to have a well thought and developed app design. To provide a positive UX, your mobile app design should be quick in response with the support of robust servers.

To survive in rapidly growing competition, you must consider all the options available to help the business flourish. LinkedIn marketing is one of them. LinkedIn is the best place to attract top and considerable talent to your business. It helps you get the top prospects for your business. You can have professional reviews and recommendations for people in the same business line and those who have sufficient experience in the business.

Blockchain is an ever-growing list of cryptographically linked records, called blocks. The blockchain technology doesn’t require a central authority or server to execute its operations and thus is a transparent, immutable, and publicly accessible database. Let’s quickly go through some of the basic concepts related to blockchain app development and answer the main question every single person is asking.

Most of the companies these days go with outsourcing for Android App Development Companies in the market with appropriate knowledge and experienced developers. This not only helps them stay focused on their prime business objective but also reduces departmental overheads and optimizes the work efficiency.

Successful startup marketing demands that you should not only have a great product but also a great marketing strategy. So, make sure that you’ve got your marketing strategy in line with your product.

We’re in the business of solving real-world problems with digital solutions. At Parangat, we transform frustrations into features and headaches into highlights. And we do it all through our polished UX design and development process, by injecting innovation every step of the way. We couple form and function to develop world-class websites and apps for businesses of all sizes and sectors.

So, if you have an App idea that you want to get developed? Share it with us and our expert and experienced team will get back to you with quality & reliable services soon.

Being the world's most technically advanced and recognized iPhone app Development Company, we at Parangat are helping brands and businesses in meeting their business expectations and objectives. As an adept iPhone app development company, we follow an innovative approach aligned with our exceptional business processes and methodologies to design & develop the mobile and web solutions as per our client’s business requirement.

Google Maps is all set to make your train or bus rides a lot less stressful: with real-time updates and notifications during the journey. The real-time updates will be given while the user is on his or her transit journey and the updates will appear on the Google Maps app. The updated color scheme and newly added icons are helping users to quickly identify their point of interest like food joints, cafe, temple & church, museum, stores, and hospital as they can now be easily recognized through the designated color and icon.

Welcome to Parangat a leading Web and Mobile App Development Company based in India. Our adept Mobile App developers have expertise and experience in delivering customized and cost-effective apps for iPhone, Android and other major platforms. Since inception, we are completely dedicated to provide top-notch development services.