Overview of the Global Blockchain-as-a-Service Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “Global Blockchain-as-a-Service Market By Offering (Tools, Services), By Application (Supply Chain Management, Smart Contracts, Financial Payments, Others), By Organization Size (Small and Medium Enterprise [SME], Large Enterprise), By End User (BFSI, IT & Telecom, Retail & Commerce, Transport & Logistics, Healthcare & Life Sciences, Automotive) and Others, The Global Blockchain-as-a-Service Market size was valued at around USD 4.3 Billion in 2024 and is projected to reach USD 68 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 58% during the forecast period, i.e., 2025-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Global Blockchain-as-a-Service Market Growth and Scope:
Base Year: 2024
Forecast Period: 2025-30
Historical Data: 2020-23
CAGR (2025-2030): 58%
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Global Blockchain-as-a-Service Market Trend:
Blockchain-based NFTs Gaining Traction – Due to their numerous industry applications, blockchain-based non-fungible tokens (NFTs) are rapidly emerging as a significant trend in the global Blockchain-as-a-Service industry. Just as blockchain brought fungibility to the digital world and enabled value exchange in the form of cryptocurrencies, it is now bringing non-fungibility in the form of NFTs. For instance; NFT transactions reached up to USD 4.7 Billion in early 2023 showing exponential growth. Also, the expanding Metaverse running on the blockchain can support a variety of NFTs including digital passes, virtual property, cosmetics, and more. NFT is also widely used in play-to-earn games like Axie Infinity, and metaverse platforms like; The Sandbox enabling users to trade virtual assets and driving growth in decentralized ownership models. As a result, NFTs are emerging as a crucial component of Blockchain-as-a-Service.
A Comprehensive Analysis of Leading Companies of Blockchain-as-a-Service Market by MarkNtel Advisors:
- IBM Corporation
- SAP SE
- Oracle
- Microsoft Corporation
- Alibaba
- Baidu, Inc.
- Accenture
- NTT Data Corporation
- Infosys Limited
- Stratis Group
- VMware, Inc.
- Huawei Cloud
- Tata Consultancy Services (TCS)
- Wipro Limited
- R3 (Corda)
- Others
Key Blockchain-as-a-Service Market Segmentation:
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-By End Users
- BFSI
- IT & Telecom
- Retail & Commerce
- Healthcare & Life Sciences
- Automotive
- Others (Energy & Utility, Media & Entertainment, etc.)
Out of them, the BSFI segment grabs the majority share of the Global Blockchain-as-a-Service Market. It holds approximately 29% share of the entire market.
-By Organization Size
- Small and Medium Enterprise (SME)
- Large Enterprise
Out of them, the Large Enterprises segment leads the Global Blockchain-as-a-Service Market with a market share of around 65%.
-By Offering
- Tools- Market Size & Forecast 2020-2030, USD Million
- Services- Market Size & Forecast 2020-2030, USD Million
-By Application
- Supply Chain Management- Market Size & Forecast 2020-2030, USD Million
- Smart Contracts- Market Size & Forecast 2020-2030, USD Million
- Financial Payments- Market Size & Forecast 2020-2030, USD Million
- Others (Identity Management, Governance, Risk & Compliance (GRC) management)
Geographical Analysis
-By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
Out of them, North America leads the Global Blockchain-as-a-Service Market with a substantial market share of around 40%. In the region, most of the companies in various sectors like; BSFI, Defense, Retail, Healthcare, and Manufacturing have started implementing blockchain technology in their businesses.
Key Reports Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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