Blockchain Services PEAK Matrix™ Assessment 2019: Race to Make Enterprise Blockchain Real

8 Nov 2018
by Jimit Arora, Ronak Doshi, Aaditya Jain, Pranati Dave, Supratim Nandi

The hypothesis on blockchain’s potential to generate business value has captured the attention of visionaries, technologists, governments, and enterprises alike. Blockchain is witnessing widespread adoption across industries, with several projects moving from Proofs of Concept (POCs) to deployment.

Technology maturity, industry & data standards, regulatory clarity, and talent are the key challenges faced by enterprises in scaling their blockchain initiatives. These challenges have created unique opportunities for consulting and IT services providers to support enterprises in their journey to make blockchain real.

In this research, we analyzed the capabilities of 27 leading blockchain service providers across industry verticals. These providers were mapped on the Everest Group PEAK Matrix™, which is a composite index of a range of distinct metrics related to each provider’s vision & capability and market impact. In this report, we focus on:

  • The landscape of service providers offering blockchain services to enterprises
  • Assessment of service providers on several capability-related dimensions
  • Characteristics of Leaders, Major Contenders, and Aspirants on the Everest Group Banking Application Services PEAK Matrix™
  • “Star Performers” of 2018, providers with the strongest forward movement over time
  • Implications for banking enterprises and service providers


  • Blockchain Services PEAK Matrix™ characteristics
  • Blockchain service provider characteristics
  • Enterprise-grade blockchain adoption journey


This report analyzes blockchain services across industry verticals:

  • Blockchain services market size and blockchain adoption across industry verticals
  • Everest Group Blockchain Services PEAK MatrixTM 2019
    • Service provider capability summary dashboard
    • Everest Group PEAK Matrix™ for blockchain services
    • Characteristics of Leaders, Major Contenders, and Aspirants
    • Enterprise feedback summary on service providers
  • Enterprise-grade blockchain adoption journey
    • Defining blockchain and technology stack
    • Enterprise-grade blockchain adoption movement
    • Blockchain use case prioritization framework
  • Profiles of blockchain service providers


Banking and Financial Services (BFS) – IT Services

Insurance - IT Services (ITS)


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