Global Blockchain-As-A-Service Market 2024-2028
The blockchain-as-a-service market is forecasted to grow by USD 40557.5 mn during 2023-2028, accelerating at a CAGR of 73.89% during the forecast period. The report on the blockchain-as-a-service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising global digital transformation, rising interest in blockchain technology, and improved data privacy.
Technavio's blockchain-as-a-service market is segmented as below:
- By Component
- Tools
- Services
- By End-user
- Large enterprises
- SMEs
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rising integration with internet of things (iot) and artificial intelligence (ai) as one of the prime reasons driving the blockchain-as-a-service market growth during the next few years. Also, emergence of hybrid and private blockchains and facilitation of tokenization and asset management will lead to sizable demand in the market.
The report on the blockchain-as-a-service market covers the following areas:
- Blockchain-as-a-service market sizing
- Blockchain-as-a-service market forecast
- Blockchain-as-a-service market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blockchain-as-a-service market vendors that include Accenture Plc, Alchemy Insights Inc., Altoros Americas LLC, Amazon.com Inc., Baidu Inc., Bitfury Group Ltd., Capgemini Service SAS, Deloitte Touche Tohmatsu Ltd., Factom, Hewlett Packard Enterprise Co, Huawei Technologies Co. Ltd., Infosys Ltd., International Business Machines Corp., Oodles Technologies Pvt Ltd. , Oracle Corp., SAP SE, Stratis Group Ltd., Tata Consultancy Services Ltd., Tech Mahindra Ltd., and Wipro Ltd.. Also, the blockchain-as-a-service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.