Global Blockchain IoT
Market Report
2025
The global Blockchain IoT Market size is USD 1,534 million in 2024. The Blockchain IoT Market will show strongest growth with a compound annual growth rate (CAGR) of 35.6% from 2024 to 2031 due to increasing demand for secure and transparent data sharing and communication across various industries.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Blockchain IoT Market Sales Revenue | $ 1 Million | 121212 | 121212 | 121212 | 35.6% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Component |
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Market Split by Applications |
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Market Split by Organization Size |
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Market Split by Vertical |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers: | |
Market Restrains:
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Blockchain IoT Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Blockchain IoT, or Blockchain Internet of Things, refers to the integration of blockchain technology into the Internet of Things ecosystem. This innovation combines the decentralized, secure, and transparent nature of blockchain with the vast network of interconnected devices in IoT. Blockchain IoT solutions aim to enhance data integrity, security, and trustworthiness in IoT applications by providing immutable records of device interactions and transactions. The market for Blockchain IoT is experiencing rapid growth driven by increasing concerns over data security and privacy in IoT, coupled with the demand for reliable and efficient data management solutions. The technology finds applications across various industries including healthcare, supply chain, smart cities, and agriculture.
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In May 2022, IBM partnered with Web3 to create a digital-native experience aimed at accelerating and evolving the future of enterprise blockchain. This collaboration led to the development of a hybrid enterprise blockchain solution designed to help businesses achieve new outcomes, such as enhanced security, privacy, auditable regulatory compliance, and protection of competitive advantages. The solution's adaptability to market changes is expected to provide a competitive edge. By reducing friction, lowering costs, and increasing efficiency, it allows all participating members to access a single source of truth in near real-time. (Source:https://newsroom.ibm.com/2020-10-22-IBM-and-R3-Join-Forces-to-Expand-Blockchain-Capabilities-and-Services-across-Hybrid-Cloud)
Top Companies Market Share in Blockchain IoT Industry: (In no particular order of Rank)
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According to Cognitive Market Research, in 2024, North America dominates the Blockchain IoT market, primarily driven by the region's advanced technological infrastructure, significant investments in blockchain technology, and the presence of key market players. The United States, in particular, leads with extensive adoption across various industries, including healthcare, supply chain, and smart cities. The region's robust regulatory framework, supportive of innovation, further accelerates market growth. Additionally, collaborations between major tech companies and startups foster an ecosystem conducive to blockchain IoT advancements. Government initiatives and funding for research and development in IoT and blockchain also play a crucial role.
In the Blockchain IoT market, Asia Pacific is expanding at the fastest Compound Annual Growth Rate (CAGR). This region's rapid growth is driven by several factors. Asia Pacific countries have been early adopters of IoT technologies, integrating them into various sectors such as manufacturing, healthcare, and transportation. The increasing adoption of blockchain in IoT applications is further fueling market growth, as it enhances security, transparency, and efficiency in data management. Governments in countries like China, Japan, and South Korea are actively promoting digital transformation initiatives, providing robust support for blockchain and IoT development through policies and investments.
The current report Scope analyzes Blockchain IoT Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Blockchain IoT Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Blockchain IoT Industry growth. Blockchain IoT market has been segmented with the help of its Component, Applications Organization Size, and others. Blockchain IoT market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Blockchain IoT market.
Component of Blockchain IoT analyzed in this report are as follows:
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According to cognitive market research, Smart contracts stand out as the dominant application in the realm of blockchain technology. These self-executing contracts with the terms of the agreement directly written into code facilitate, verify, or enforce the negotiation and performance of a contract, eliminating the need for intermediaries. Smart contracts revolutionize various sectors, from finance to supply chain management, by automating processes, reducing costs, and enhancing security. They ensure transparency and immutability, minimizing fraud and disputes. Smart contracts enable complex transactions without the need for trusted third parties, making them particularly valuable in decentralized finance (DeFi). As the cornerstone of blockchain innovation, smart contracts continue to redefine traditional business operations, offering unparalleled efficiency and reliability in the digital age.
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Senior Research Analyst at Cognitive Market Research
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
The Global Blockchain IoT Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global Blockchain IoT Market and is projected to experience significant growth in the near future.
The Smart Contracts segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies IBM (US), Intel (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Component | Hardware, IoT Sensors, Crypto-wallets, Software and Platform, Services, Technology Advisory and Consulting Services, Deployment and Integration Services, Support and Maintenance |
Applications | Smart Contracts, Security, Data Sharing/ Communication, Asset Tracking and Management |
Organization Size | Large Enterprises, SMEs |
Vertical | Energy and Utilities, Transportation and Logistics, Manufacturing, Building Management, Healthcare, Retail, Wearable and Mobile Devices, Smart City |
List of Competitors | IBM (US), Microsoft (US), Intel (US), Amazon Web Services (US), Huawei (China), Cisco (US), SAP (Germany), Ethereum Foundation (Switzerland), The Linux Foundation (US), R3 (US), Arctouch (US), Waltonchain (China), Helium (US), Factom (US), HYPR (US), Chronicled (US), KrypC (India), IoTeX (Singapore), Discovery (Malta), Iota (Germany), Atonomi (US), Xage (US), Ambrosus (Estonia), NetObjex (US), Grid+ (US). |
This chapter will help you gain GLOBAL Market Analysis of Blockchain IoT. Further deep in this chapter, you will be able to review Global Blockchain IoT Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Blockchain IoT. Further deep in this chapter, you will be able to review North America Blockchain IoT Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Blockchain IoT. Further deep in this chapter, you will be able to review Europe Blockchain IoT Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Blockchain IoT. Further deep in this chapter, you will be able to review Asia Pacific Blockchain IoT Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Blockchain IoT. Further deep in this chapter, you will be able to review South America Blockchain IoT Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Blockchain IoT. Further deep in this chapter, you will be able to review Middle East Blockchain IoT Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Blockchain IoT. Further deep in this chapter, you will be able to review Middle East Blockchain IoT Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Blockchain IoT. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Applications Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Organization Size Analysis 2021 - 2033
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Chapter 13 Market Split by Vertical Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Blockchain IoT market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Hardware have a significant impact on Blockchain IoT market? |
What are the key factors affecting the Hardware and IoT Sensors of Blockchain IoT Market? |
What is the CAGR/Growth Rate of Smart Contracts during the forecast period? |
By type, which segment accounted for largest share of the global Blockchain IoT Market? |
Which region is expected to dominate the global Blockchain IoT Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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