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Blockchain Technology - Global Strategic Business Report

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    Report

  • 802 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4070981
The global market for Blockchain Technology is estimated at US$3.9 Billion in 2023 and is projected to reach US$88.2 Billion by 2030, growing at a CAGR of 56.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the blockchain technology market is driven by several factors. Firstly, the increasing adoption of blockchain in the financial sector for secure and efficient transactions is a major driver. Secondly, the demand for transparency and traceability in supply chains is boosting the adoption of blockchain solutions. Thirdly, advancements in blockchain platforms and the development of scalable and interoperable solutions are enhancing the technology's capabilities and usability.

Additionally, the rise of decentralized finance (DeFi) applications is expanding the use cases for blockchain beyond traditional finance. Furthermore, the integration of blockchain with emerging technologies like IoT and AI is creating new opportunities for innovation. Lastly, supportive regulatory frameworks and increasing investments in blockchain research and development are further driving the growth of the blockchain technology market.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Public Blockchain Technology segment, which is expected to reach US$65.2 Billion by 2030 with a CAGR of a 58.5%. The Private Blockchain Technology segment is also set to grow at 49.6% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.2 Billion in 2023, and China, forecasted to grow at an impressive 64.8% CAGR to reach $9.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Blockchain Technology Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Blockchain Technology Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Blockchain Technology Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Accenture PLC, Amazon Web Services, Inc., Aleo Systems Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 317 Featured):

  • Accenture PLC
  • Amazon Web Services, Inc.
  • Aleo Systems Inc.
  • Altoros
  • 4IRE labs
  • Adbank
  • ANX International
  • APPII
  • Applover Software House
  • ARK Ecosystem, SCIC (ARK.io)
  • Artory
  • AlphaPoint
  • Antier Solutions Pvt Ltd
  • Accubits
  • Andersen Lab

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Born Out of Bitcoin, Blockchain Technology Emerges to Disrupt the Digital Economy
  • Bitcoins in Circulation Worldwide (In 000s) for Years 2018, 2020 and 2022
  • Top Benefits of Blockchain Technology: % of Businesses Citing a Benefit as a Factor Driving Blockchain Adoption
  • Global Economic Update
  • Competition
  • Blockchain Technology - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Blockchain: Global Market Prospects & Overview
  • World Brands
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Blockchain Investments & Innovation Continues Unabated Post 2020
  • Top Blockchain Patent Holders Worldwide: Total Number of Blockchain Patent Filings To-Date by Company
  • Blockchain Patent Applications: Breakdown by Country (in %) for 2022
  • Adoption of Blockchain in Supply Chain Management Explodes Into a Major Trend, Post Pandemic Disruptions
  • Blockchain Adoption in Healthcare Reaches Tipping Point. Focus on Telemedicine as a Case-in-Point
  • As Telemedicine Explodes Into a Major Channel for Virtual Healthcare Delivery So Does Blockchain’s Role in Advancing Secure Data Sharing: Global Opportunity for Telemedicine (In US$ Billion) for Years 2021, 2023, 2025 and 2027
  • Rising Incidence of Counterfeiting in the Pharmaceutical Industry Pushes Up the Urgency to Leverage the Security Benefits Promised by Blockchain: Global Number of Pharmaceutical Counterfeiting Incidents for Years 2000, 2005, 2010, 2015, 2019 & 2022
  • Blockchain Implementation in Pharmaceutical Value Chain: % of Companies Implementing Blockchain Technology by Area
  • Focus on Sustainability Drives Blockchain Adoption in Environmental Governance
  • As Sustainable Investments to Emerge Into an Unstoppable Force in the Coming Decade, Blockchain Technologies Will Rise in Parallel as a Digital Enabler of Sustainable infrastructure Services: Global Investments in Sustainability (In US$ Billion) for Years 2015, 2018, 2020 and 2022
  • Blockchain-as-a Service (BaaS) Rises in Prominence as Companies Begin to Outsource Implementation & Management of Blockchain-based Platforms
  • Blockchain in the Spotlight in the Government & Public Sector for Its Ability to Address Inefficiencies
  • Industries Leverage Blockchain for Scaling Manufacturing Processes & Making Predictive Maintenance More Effective & Accessible
  • Key Factors Driving Manufacturer Investments in Blockchain Technology
  • Growing Spending on Predictive Maintenance Strategies to Benefit Adoption of Blockchain: Global Market for Predictive Maintenance (In US$ Million) for Years 2021, 2023, 2025 and 2027
  • Growing Need for Traceable and Scalable Customer Services to Spur Blockchain Adoption in Retail Industry
  • Blockchain in Retail Market: Breakdown of Revenues by Application (in %) for 2022
  • Growing Market for Smart Agriculture to Boost Adoption of Blockchain
  • Smart Agriculture Opens a Wealth of Opportunity for Blockchain Technology: Global Smart Agriculture Market (In US$ Billion) for the Years 2020, 2022, 2024 & 2026
  • Growing IoT Ecosystems Systems to Power Blockchain Implementations
  • The Missing Link Between Security and IoT is Blockchain: Global M2M/IoT Connections (In Billion) for Years 2022, 2024, 2026, 2028 and 2030
  • Smart Contracts Are Among the Most Promising Use Cases of Distributed Ledger Technology
  • The Financial Services Sector: The Most Lucrative Application Area for Blockchain
  • Decentralized Finance (DeFi) to Bridge the Huge SME Financing Gap to Boost Blockchain Adoption: World Formal MSMEs Finance Gap (in $ Billion) by Region
  • Robust Growth Digital Banking Opens Multiple Application Possibilities for Blockchain: Global Market for Digital Banking (In US$ Million) for Years 2023, 2025, and 2027
  • Blockchain & Artificial Intelligence (AI): A Powerful Combination
  • A Promising Growth Outlook for Blockchain Technology in the Energy Sector
  • Blockchain Powered Solutions to Streamline Processes in Logistics, Trucking and Commercial Transportation Industry
  • Ongoing Digitalization Trend in the Logistics Industry Primes the Blockchain Technology for Application Growth: Global Digital Transformation Spending in Logistics (In US$ Million) for Years 2021, 2023, 2025, and 2027
  • Promising Future for Blockchain in Media, Advertising & Entertainment Market
  • The Rise of the Metaverse to Drive Opportunities for the Use of Blockchain
  • It is Increasingly Clear that Metaverse Cannot be Built Without Blockchain Technology: Global Spending on Metaverse (In US$ Million) for Years 2021, 2023, 2025 and 2027
  • Enterprise Uses of Blockchain Technology Finally Begin to Make Gains
  • Maritime Enterprises Turn to Blockchain-based Systems Amidst Trend Favoring Digitization of Supply Chains
  • How Will Blockchain Implementations Impact the Education Sector?
  • Advent of 5G. What Does it Mean for Blockchain?
  • The Future of 5G is Unquestioned: 5G Contribution to GDP in Select Countries by 2030 (In US$ Billion)
  • Swift Progress Towards Autonomous Vehicle Commercialization to Drive the Importance of Blockchain Technology
  • Global Autonomous Vehicle Sales (In Million) for Years 2020, 2025 & 2030
  • Blockchain Challenges: Knowing the Biggest Pain Points is an Important Step on the Road to Success
  • Major Factors Restricting Blockchain Technology Adoption (% of Businesses)
  • Final Thoughts
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Blockchain Technology Market Analysis of Annual Sales in US$ Thousand for Years 2016 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Blockchain Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Blockchain Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 4: World 14-Year Perspective for Blockchain Technology by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2016, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Public by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Public by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 7: World 14-Year Perspective for Public by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Private by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Private by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 10: World 14-Year Perspective for Private by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Hybrid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Hybrid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 13: World 14-Year Perspective for Hybrid by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Infrastructure & Protocols by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Infrastructure & Protocols by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 16: World 14-Year Perspective for Infrastructure & Protocols by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Application & Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Application & Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 19: World 14-Year Perspective for Application & Solutions by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Middleware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Middleware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 22: World 14-Year Perspective for Middleware by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Financial Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Financial Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 25: World 14-Year Perspective for Financial Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 28: World 14-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Transportation & Logistics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Transportation & Logistics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 31: World 14-Year Perspective for Transportation & Logistics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 33: World Historic Review for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 34: World 14-Year Perspective for Government by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 35: World Recent Past, Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 36: World Historic Review for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 37: World 14-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 38: World Recent Past, Current & Future Analysis for Media & Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 39: World Historic Review for Media & Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 40: World 14-Year Perspective for Media & Entertainment by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
  • TABLE 41: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 42: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 43: World 14-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Blockchain Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADAJAPANCHINA
EUROPE
  • Blockchain Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPE
ASIA-PACIFIC
  • Blockchain Technology Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned

  • Accenture PLC
  • Amazon Web Services, Inc.
  • Aleo Systems Inc.
  • Altoros
  • 4IRE labs
  • Adbank
  • ANX International
  • APPII
  • Applover Software House
  • ARK Ecosystem, SCIC (ARK.io)
  • Artory
  • AlphaPoint
  • Antier Solutions Pvt Ltd
  • Accubits
  • Andersen Lab

Table Information