The Internet Of Things (IoT) And Blockchain 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 Internet Of Things (IoT) And Blockchain Market?
The market size for the Internet of Things (IoT) and Blockchain has seen exceptional growth in recent years. The market is projected to expand from a size of $1284.32 billion in 2024, to $1910.67 billion in 2025. This indicates a compound annual growth rate (CAGR) of 48.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Internet Of Things (IoT) And Blockchain Industry?
By 2029, the market size for the Internet of Things (IoT) and Blockchain is projected to reach $9276.56 billion, with a compound annual growth rate (CAGR) of 48.4%.
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What are the Key Growth Drivers Fueling the Internet Of Things (IoT) And Blockchain Market?
The drivers in the internet of things (iot) and blockchain market are:
• Increase in government initiatives supporting blockchain and IoT technologies
• Rising demand for secure, cost-efficient data and transaction management solutions
• Surge in investments towards IoT and blockchain-based solutions
• Growing need for Internet of Things security solutions
• Enhanced mobility and connectivity capabilities
Global Market Segmentation: Identifying Major Internet Of Things (IoT) And Blockchain Industry Segments
The internet of things (IoT) and blockchain market covered in this report is segmented –
1) By Type: Hardware, Software
2) By Deployment Model: Cloud, On-Premise
3) By Application: Smart Contract, Data Security, Data Sharing Or Communication, Asset Tracking And Management
4) By End-User: Retail, Healthcare, Manufacturing, Banking, Financial Services, And Insurance (BFSI)
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What are the emerging Trends Shaping the Future of the Internet Of Things (IoT) And Blockchain Market?
The trends in the internet of things (iot) and blockchain market are:
• Technological advancements are significantly shaping the future of the IOT and blockchain market.
• The incorporation of edge computing strategies into IoT devices and systems is becoming a defining trend.
• Integration of Artificial Intelligence and machine learning technologies is emerging as a major trend in the market.
• The adoption and implementation of smart contracts and hybrid cloud solutions are also becoming key trends in the IoT and blockchain market.
Who Are the Top Competitors & Leading Players in the Internet Of Things (IoT) And Blockchain Market?
The major players in the internet of things (iot) and blockchain market are:
• Amazon
Regional Dominance: Which Area Leads the Global Internet Of Things (IoT) And Blockchain Market Trends 2025: Detailed Report on Market Size & Projections Market?
North America was the largest region in the Internet of Things (IoT) and blockchain market in 2024
