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Blockchain Technology Market Size, Share & Industry Analysis, By Component (Platform/Solution and Blockchain as a Service), By Type (Public, Private, Hybris, and Consortium), By Application (Digital Identity, Payments, Smart Contracts, Supply Chain Management, Internet of Things (IoT), and Others), By Deployment (Proof of Concept, Pilot, and Production), By Industry (BFSI, Energy & Utilities, Government, Healthcare and Life Sciences, Manufacturing, Telecom, Media & Entertainment, Retail & Consumer Goods, Travel and Transportation, and Others), and Regional Forecast, 2024-2032
Report Format: PDF | Latest Update: Feb, 2025 | Published Date: Apr, 2024 | Report ID: FBI100072. | Status : PublishedFrequently Asked Questions
How much will the blockchain technology market be worth by 2032?
The market is projected to reach USD 825.93 billion by 2032.
What was the value of the global blockchain technology market in 2023?
In 2023, the market was valued at USD 17.57 billion.
At what CAGR is the market projected to grow over the forecast period of 2024-2032?
The market is projected to grow at a CAGR of 52.8% during the forecast period.
Which is the leading type segment in the market?
By type, the private segment is expected to lead the market.
Which is the key factor driving the market growth?
Rising identity and data theft incidents for digital ledger solutions are driving the market growth.
Who are the top players in the market?
Accenture PLC, Amazon Web Services, Inc., Applied Blockchain Ltd., IBM Corporation, Intel Corporation, LeewayHeartz, Microsoft Corporation, Oracle Corporation, R3, and Tata Consultancy Services Limited are the top market players.
Which region is expected to hold the largest market share?
North America is expected to hold the largest market share.
Which region is expected to record a significant CAGR?
Asia Pacific is expected to record a remarkable CAGR during the forecast period.
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