The Blockchain Services 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 Services Market?
The Blockchain Services Global Market Report 2025 shows that the market size has seen significant growth recently. The market is projected to grow from $6.63 billion in 2024 to $9.48 billion in 2025, showcasing a compound annual growth rate (CAGR) of 42.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Blockchain Services Industry?
The Blockchain Services Global Market Report 2025 predicts that by 2029, the market size for blockchain services will expand to $40.95 billion. Additionally, a compound annual growth rate (CAGR) of 44.1% is projected for
Download Your Free Sample of the 2025 Blockchain Services Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Blockchain Services Market?
The key drivers in the blockchain services market are:
• Growth in decentralized finance (DeFi), NFTs and digital assets
• Increasing adoption of blockchain in supply chain and logistics
• Utilization of blockchain for healthcare data management
• Increasing use of blockchain in government and identity related applications
Global Market Segmentation: Identifying Major Blockchain Services Industry Segments
The blockchain services market covered in this report is segmented –
1) By Component: Tools, Services
2) By Application: Payments, Smart Contracts, Supply Chain Management, Governance, Risk, and Compliance Management, Identity Management, Other Applications
3) By End-use: BFSI, IT And Telecom, Healthcare, Retail, Manufacturing, Logistics, Government, Media And Entertainment, Energy and Utilities, Other End-Uses
Pre-order the 2025 Blockchain Services Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Blockchain Services Market?
The key trends in the blockchain services market are:
• Enterprise blockchain adoption is a prominent emerging trend.
• Interoperability solutions stand out as a significant future direction.
• Blockchain as a service (BaaS) is an influential emerging market trend.
• The rise of Decentralized Finance (DeFi) and Web 3.0 is shaping the future of the market.
Who Are the Top Competitors & Leading Players in the Blockchain Services Market?
Major companies in the blockchain services market are:
• International Business Machines Corporation
• Amazon.com Inc.
• Microsoft Corporation
• Oracle Corporation
• SAP SE
• Stratis Platform Ltd.
• Baidu Inc.
• Huawei Technologies Co. Ltd.
• Accenture plc
• Deloitte Touche Tohmatsu Limited
• Infosys Limited
• Hewlett Packard Enterprise Company
• Waves Platform AG
• Amazon Web Services Inc.
• KPMG International Cooperative
• ConsenSys AG
• Cognizant Technology Solutions Corporation
• NTT Data Corporation
• Capgemini SE
• Wipro Limited
• Mphasis Limited
• PricewaterhouseCoopers International Limited (PwC)
• Tata Consultancy Services Limited
• TO THE NEW Digital
• Ernst & Young Global Limited
• L&T Infotech Limited
• Alibaba Group Holding Limited
• OpenXcell Technolabs Pvt. Ltd.
• LTIMindtree Ltd.
• Ardor Nxt Group
• BTC Korea.com Co. Ltd.
• Blockchain Luxembourg S.A.
• Dragonchain Inc.
• Inveniam LLC
• Bloq Inc.
• Skuchain Inc.
• LeewayHertz Technologies Private Limited
• Altoros Americas LLC
• Appinventiv Technologies Pvt. Ltd.
Regional Dominance: Which Area Leads the Global Blockchain Services Market?
Asia-Pacific was the largest region in the blockchain services market in 2023
