The client was a leading player in providing services and products related to 5G technology and seeking assistance for blockchain applications in 5G technology and identifying companies working for providing solutions for blockchain applications in 5G.
Objective
The objective of the study was to conduct product market fit analysis and derive a go-to-market strategy to provide a detailed insight on blockchain application in 5G market by
Identifying a market entry strategy, strengths, weakness, threats and opportunities which enable client to choose the right path to meet its aspirations in 5G market
Developing a high-level strategic plan to ensure client takes the right steps to successfully implement the chosen entry strategy
Identifying supplier/customer power, industry rivalry, and entry/exit barriers
Benchmarking the key players and their products to analyze across various stages of the study
Business Impact
Several business insights from this portfolio analysis were generated. The study provided information on companies who are working to introduce blockchain in 5G technology and identifying the company objectives regarding the introduction of blockchain in 5G.
Insights on the objectives of the companies in introducing blockchain technology in the telecom sector and market opportunities for the application of blockchain in 5G technology.