Global Blockchain
Market Report
2024
The global blockchain market size is USD 7.4. billion in 2024. The blockchain market will show strongest growth with a compound annual growth rate (CAGR) of 66.2% from 2024 to 2031. This expansion can be attributed to the technological advancement.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global blockchain market size is USD 7.4. billion in 2024 and will expand at a compound annual growth rate (CAGR) of 66.2% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Blockchain Market Sales Revenue 2024 | $ 7.4 Billion |
Global Blockchain Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 66.2% |
Market Split by Component |
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Market Split by Type |
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Market Split by Application |
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Market Split by Deployment |
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Market Split by Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Blockchain industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Blockchain Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Blockchain is a decentralized database system that enables immutable, worldwide storage of data across thousands of machines with near-real-time visibility into all network transactions. The market is expected to be driven by secure and transparent transactions, which are the main drivers of the blockchain market and are affecting many different businesses. Industries such as healthcare, supply chains, and finance are driving the use of blockchain technology due to its enhanced traceability, transparency, and security features. Also contributing to the market’s expansion are developments such as the proliferation of digital currencies and the increasing funding for blockchain businesses. The demand for more openness and security is propelling the blockchain business because the former guarantees the authenticity of data, and the latter makes efficient analysis possible. One of the main reasons the blockchain business is predicted to grow in the next years is the increasing number of connected devices.
We have various report editions of Blockchain Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
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Top Companies Market Share in Blockchain Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America emerged as the dominant region in the blockchain market due to the strong presence of investment capital, strong adoption and integration of modern technologies, rising government initiatives, better financing, and new technology developments in this region, all of which will contribute to the development of blockchain market. Additionally, regional market growth is anticipated to be driven by its highly developed network of interconnected computer systems, substantial funding for R&D, and the broad use of blockchain technology in many different sectors, including healthcare, supply chain management, and banking.
Asia-Pacific stands out as the fastest-growing region in the blockchain market because of the rising government programs, an uptick in investments in blockchain companies, widespread use of blockchain technology, and more and more people learning about blockchain’s advantages in industries like e-commerce, logistics, and finance. In addition, major participants are putting their efforts into creating cutting-edge solutions with the rise of digitization and advancements in technology. Both organizations and individuals are showing a growing interest in using blockchain for various purposes in this region.
The current report Scope analyzes Blockchain 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
The above graph is for illustrative purposes only.
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Global Blockchain Market Report 2024 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 Industry growth. Blockchain market has been segmented with the help of its Component, Type Application, and others. Blockchain 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 market.
Component of Blockchain analyzed in this report are as follows:
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Blockchain from 2019 to 2031. This will also help to analyze the demand for Blockchain across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Type of Blockchain are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to cognitive market research, BFSI is the dominant category due to the widespread use of digital ledger solutions and services by these organizations to streamline internal operations and cut expenses. In addition, blockchain improves the safety, openness, and effectiveness of various systems, including payments, trade financing, and identity verification. Saving money and gaining customers’ trust are the results of its safe and immutable record-keeping, visible transaction histories that cut down on fraud, and streamlined international transactions.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Blockchain Market is witnessing significant growth in the near future.
In 2023, the Platform/Solution segment accounted for noticeable share of global Blockchain Market and is projected to experience significant growth in the near future.
The Public segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies IBM (US) , Oracle (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.
Disclaimer:
Component | Platform/Solution, Blockchain as a Service (BaaS) |
Type | Public, Private, Hybrid, Consortium |
Application | Digital Identity, Payments, Smart Contracts, Supply Chain Management, Internet of Things, Others |
Deployment | Proof of Concept, Pilot, Production |
Industry | BFSI, Energy & Utilities, Government, Healthcare and Life Sciences, Manufacturing, Telecom, Media & Entertainment, Retail & Consumer Goods, Travel and Transportation, Others |
List of Competitors | IBM (US), AWS (US), Oracle (US), Huawei (China), Accenture (Ireland), Wipro (India), Infosys (India), TCS (India), SAP (Germany), Intel (US), ConsenSys (US), NTT DATA (Japan) |
This chapter will help you gain GLOBAL Market Analysis of Blockchain. Further deep in this chapter, you will be able to review Global Blockchain 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
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Blockchain Market Trends North America Blockchain Technological Road Map North America Blockchain Market Drivers North America Blockchain Market Restraints North America Blockchain Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private 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.
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 2019 -2031
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Chapter 11 Market Split by Type Analysis 2019 -2031
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Chapter 12 Market Split by Application Analysis 2019 -2031
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Chapter 13 Market Split by Deployment Analysis 2019 -2031
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Chapter 14 Market Split by Industry Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Blockchain market
Chapter 15 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.
Why Platform/Solution have a significant impact on Blockchain market? |
What are the key factors affecting the Platform/Solution and Blockchain as a Service (BaaS) of Blockchain Market? |
What is the CAGR/Growth Rate of Public during the forecast period? |
By type, which segment accounted for largest share of the global Blockchain Market? |
Which region is expected to dominate the global Blockchain 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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