The Blockchain In Energy Utilities Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of blockchain in energy utilities has witnessed an exponential rise recently. The market size is projected to expand from $0.87 billion in 2024 to $1.23 billion in 2025, indicating a compound annual growth rate (CAGR) of 40.9%.
The market for blockchain in energy utilities is predicted to see significant growth, reaching $4.8 billion in 2029. The market is expected to grow with a compound annual growth rate (CAGR) of 40.6%.
Download Your Free Sample of the 2025 Blockchain In Energy Utilities Market Report and Uncover Key Trends Now!The drivers in the blockchain in energy utilities market are:
• The need for greater transparency and security
• Decentralization of energy systems
• Efforts to reduce operational costs
• Regulatory support and initiation of pilot programs
The blockchain in energy utilities market covered in this report is segmented –
1) By Component: Platform, Services
2) By Type: Private, Public
3) By Application: Grid Management, Energy Trading, Government Risk And Compliance Management, Payment Schemes, Supply Chain Management, Other Applications
4) By End User: Power, Oil And Gas
The trends in the blockchain in energy utilities market are:
• The blockchain in energy utilities market is witnessing advancements in consensus mechanisms.
• Integration with artificial intelligence is creating new avenues for the market.
• The development of Blockchain-as-a-Service (BaaS) is regarded as an emerging trend.
• Blockchain technology is increasingly integrating with legacy systems for better interoperability.
The major players in the blockchain in energy utilities market are:
• Shell plc
• Microsoft Corporation
• Enel SpA
• Engie S
North America was the largest region in the blockchain in energy utilities market in 2024