The blockchain-as-a-service market is forecasted to grow by USD 40557.5 mn during 2023-2028, accelerating at a CAGR of 73.89% during the forecast period. The report on the blockchain-as-a-service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising global digital transformation, rising interest in blockchain technology, and improved data privacy.
Technavio's blockchain-as-a-service market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
60.7%
CAGR
73.89%
Incremental Value
$40557.5 mn
By Component
Tools
Services
By End-user
Large enterprises
SMEs
By Geographical Landscape
North America
Europe
APAC
South America
Middle East and Africa
This study identifies the rising integration with internet of things (iot) and artificial intelligence (ai) as one of the prime reasons driving the blockchain-as-a-service market growth during the next few years. Also, emergence of hybrid and private blockchains and facilitation of tokenization and asset management will lead to sizable demand in the market.
The report on the blockchain-as-a-service market covers the following areas:
Blockchain-as-a-service market sizing
Blockchain-as-a-service market forecast
Blockchain-as-a-service market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blockchain-as-a-service market vendors that include Accenture Plc, Alchemy Insights Inc., Altoros Americas LLC, Amazon.com Inc., Baidu Inc., Bitfury Group Ltd., Capgemini Service SAS, Deloitte Touche Tohmatsu Ltd., Factom, Hewlett Packard Enterprise Co, Huawei Technologies Co. Ltd., Infosys Ltd., International Business Machines Corp., Oodles Technologies Pvt Ltd. , Oracle Corp., SAP SE, Stratis Group Ltd., Tata Consultancy Services Ltd., Tech Mahindra Ltd., and Wipro Ltd.. Also, the blockchain-as-a-service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Component
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Blockchain-As-A-Service Market 2018 - 2022
Historic Market Size - Data Table on Global Blockchain-As-A-Service Market 2018 - 2022 ($ million)