Global blockchain IoT market expected to reach around USD 3,033 million by 2025, at a CAGR of 91.4% between 2019 and 2025. The growing adoption of blockchain technology for payments in the retail sector is anticipated to drive the blockchain IoT market over the forecast timespan.
Blockchain IoT Market
The report analyzes and forecasts the blockchain IoT market on a global and regional level. The study offers past data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The assessment of blockchain IoT market dynamics gives a brief thought about the market drivers and restraints along with their impact on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the blockchain IoT market on a global level.
The report gives a transparent view of the blockchain IoT market. We have included a detailed competitive scenario and portfolio of the leading vendors operating in the blockchain IoT market. To understand the competitive landscape in the blockchain IoT market, an analysis of Porter’s Five Forces model for the blockchain IoT market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a crucial view of the blockchain IoT market by segmenting it based on application, component, end-use industry, and region. All the segments of the blockchain IoT market have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe.
Some prominent players of the blockchain IoT market are Microsoft, Cisco Systems, Intel, Amazon.com, IBM, The Linux Foundation, Ethereum Foundation, R3, KrypC, and IoTEX.
This report segments the global blockchain IoT market into:
Global Blockchain IoT Market: Component Analysis
Global Blockchain IoT Market: Application Analysis
Global Blockchain IoT Market: End-Use Industry Analysis
Global Blockchain IoT Market: Regional Analysis