Blockchain Services 2024 RadarView™

December, 2024

This RadarView offers an overview of the evolving blockchain technology landscape, highlighting key developments and best practices. It also helps enterprises identify the right service providers to partner with for driving digital transformation in their blockchain initiatives. The report includes a detailed evaluation of 23 leading service providers, with each profile covering the provider’s blockchain services, solutions, notable clients, partnerships, and case studies. Each profile concludes with analyst insights on the provider’s practice maturity, partner ecosystem, and investments and innovation. 

Why read this RadarView? 

Enterprises are increasingly adopting blockchain to enhance transparency, security, and efficiency across various sectors. The banking, government, and manufacturing sectors are leading with the maximum success rate in converting blockchain projects from proofs of concepts (POCs) to production. Blockchain fosters consumer trust through supply chain transparency and product authenticity. The integration of AI with blockchain drives data integrity and decentralized networks. Central banks are developing central bank digital currencies (CBDCs) to streamline cross-border payments. Additionally, blockchain supports sustainable innovation and regulatory compliance, promoting green finance and verifying carbon credits for environmental goals. 

The Blockchain Services 2024 RadarView™ highlights major supply-side trends in the blockchain space, along with Avasant’s perspective on them. It also provides detailed insights to help businesses choose the right service provider for blockchain adoption. 

 

Featured providers
This RadarView includes a detailed analysis of the following service providers in the blockchain services space: Accenture, Atos | Eviden, Birlasoft, Capgemini, Chainyard, Coforge, Cognizant, DataArt, Deloitte, DXC, EPAM, GFT, HCLTech, IBM, Infosys, Innominds, LTIMindtree, NTT DATA, TCS, Tech Mahindra, UST, Wipro, and Zensar.

Methodology 

Our evaluation of service providers is based on primary input from the providers, focused briefings, public disclosures, validation from their clients, and Avasant’s ongoing market interactions. The assessment is across the three dimensions of practice maturity, partner ecosystem, and investments and innovation, leading to our recognition of those service providers that have brought the most value to the market over the past 12 months. 

Table of contents 

About the report (Page 3) 

Executive summary (Pages 4–9) 

  • Defining blockchain services 
  • Avasant recognizes 23 top-tier service providers offering blockchain services  
  • Provider comparison 

Supply-side trends (Pages 10–12) 

  • Service providers are delivering blockchain solutions and services to drive enterprise innovation 

Service provider profiles (Pages 13–59) 

  • Detailed profiles for Accenture, Atos | Eviden, Birlasoft, Capgemini, Chainyard, Coforge, Cognizant, DataArt, Deloitte, DXC, EPAM, GFT, HCLTech, IBM, Infosys, Innominds, LTIMindtree, NTT DATA, TCS, Tech Mahindra, UST, Wipro, and Zensar. 

Appendix (Pages 60–63) 

  • RadarView assessment 
  • Research methodology and coverage 
  • Interpretation of classification 

Key contacts (Page 64) 


Read the Research Byte based on this report. 

Please refer to Avasant’s Blockchain Services 2024 Market Insights™ for demand-side trends. 

CONTACT US

DISCLAIMER:

Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.

Welcome to Avasant

LOGIN

Login to get free content each month and build your personal library at Avasant.com

NEW TO AVASANT?

Click on the button below to Sign Up

Download

Welcome to Avasant