The Blockchain as a Service Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Blockchain as a Service Market?
The market size of the Blockchain as a Service has seen significant expansion in the recent past. The market, which was valued at $6.91 billion in 2024, is projected to reach $9.91 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 43.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Blockchain as a Service Industry?
The Blockchain as a Service Global Market is estimated to reach $41.86 billion in 2029, with an anticipated compound annual growth rate (CAGR) of 43.4%.
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What are the Key Growth Drivers Fueling the Blockchain as a Service Market?
The key drivers in the blockchain as a service market are:
• Accelerating adoption of decentralized finance (DeFi)
• Intensifying emphasis on supply chain traceability
• Wider adoption and development of digital identity solutions
• Increased integration with Internet of Things (IoT) networks
Global Market Segmentation: Identifying Major Blockchain as a Service Industry Segments
The blockchain as a service market covered in this report is segmented –
1) By Offering: Tools, Services
2) By Enterprise Size: Large Enterprises, Small And Medium-sized Enterprises (SMEs)
3) By Application: Payments, Smart Contracts, Supply Chain Management, Compliance Management, Trade Finance, Other Applications
4) By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Government And Public Sector, Manufacturing, Retail And E-commerce, Media And Entertainment, Transportation And Logistics, Healthcare, Energy And Utilities, Other Industry Verticals
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What are the Emerging Trends Shaping the Future of the Blockchain as a Service Market?
The key trends in the blockchain as a service market are:
• Increasing adoption in emerging markets is shaping the future of the Blockchain as a Service market.
• The expansion of use cases is another notable trend.
• The rise of hybrid and multi-cloud deployments is an emerging trend.
• An emphasis on regulatory compliance and security integrated with emerging technologies is a significant future trend.
Who Are the Top Competitors & Leading Players in the Blockchain as a Service Market?
Major companies in the blockchain as a service market are:
• Amazon.com Inc.
• Microsoft Corporation
• Alibaba Group Holding Limited
• Nippon Telegraph and Telephone Corporation
• Huawei Technologies Co. Ltd.
• Accenture PLC
• International Business Machines Corporation
• Deloitte Touche Tohmatsu Limited
• Oracle Corporation
• KPMG LLP
• SAP SE
• Hewlett Packard Enterprise
• Tata Consultancy Services Limited
• Capgemini SE
• Cognizant Technology Solutions Corporation
• Infosys Limited
• Baidu Inc.
• VMware Inc.
• Wipro Limited
• Altoros
• Factom Inc.
• PayStand Inc.
• LeewayHertz
• Stratis Group Ltd.
Regional Dominance: Which Area Leads the Global Blockchain as a Service Market?
North America was the largest region in the blockchain as a service market in 2024
