Global Blockchain Iot Market Size & Outlook, 2023-2030
Global blockchain iot market, 2018-2030 (US$M)
Related Markets
Global blockchain iot market highlights
- The global blockchain iot market generated a revenue of USD 510.2 million in 2023 and is expected to reach USD 12,679.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 58.2% by 2030.
- In terms of segment, software & platform accounted for a revenue of USD 263.7 million in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 510.2 million |
| Market revenue in 2030 | USD 12,679.5 million |
| Growth rate | 58.2% (CAGR from 2023 to 2030) |
| Largest segment | Software & platform |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software & Platform, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 34.1% of the global blockchain iot market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 521.9 million by 2030.
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Blockchain IoT Market Scope
Blockchain IoT Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global blockchain iot market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blockchain iot market will help companies and investors design strategic landscapes.
Software & platform was the largest segment with a revenue share of 51.69% in 2023. Horizon Databook has segmented the Global blockchain iot market based on hardware, software & platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Blockchain IoT Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software & Platform
- Services
- Global Blockchain IoT Application Outlook (Revenue, USD Million, 2018-2030)
- Data Security
- Smart Contracts
- Asset Tracking & Management
- Others(real-time workforce tracking and workforce management)
- Global Blockchain IoT Vertical Outlook (Revenue, USD Million, 2018-2030)
- Transportation and Logistics
- Manufacturing
- Healthcare
- Retail
- Consumer Electronics
- Construction
- Other Verticals ( f&b, pharma, mining, agriculture, constr & real state)
- Global Blockchain IoT Organization Size Outlook (Revenue, USD Million, 2018-2030)
- Small and Medium Sized Enterprise
- Large Enterprise
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Our clientele includes a mix of blockchain iot market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global blockchain iot market , including forecasts for subscribers. This global databook contains high-level insights into Global blockchain iot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global blockchain iot market size, by regions, 2018-2030 (US$M)
Top 10 countries: Blockchain iot market size, 2023 (US$M)
Global blockchain iot market share, by component, 2023 & 2030 (%, US$M)
Blockchain iot market: Opportunity assessment by country
Global blockchain iot market, by region, 2023 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 40.2 | 54.1 | 66.0 | 87.7 | 121.9 | 173.9 | 252.9 | 375.5 | 569.8 | 884.3 | 1,404.8 | 2,288.5 | 3,826.7 | 55.5% |
| Europe | 26.3 | 35.6 | 43.7 | 58.5 | 81.9 | 117.6 | 172.3 | 257.8 | 394.2 | 616.6 | 987.6 | 1,622.4 | 2,736.2 | 56.8% |
| Asia Pacific | 23.4 | 32.9 | 41.8 | 58.0 | 83.9 | 124.8 | 189.1 | 292.3 | 461.8 | 746.0 | 1,233.2 | 2,090.2 | 3,636.0 | 61.9% |
| Latin America | 10.5 | 14.3 | 17.7 | 23.9 | 33.7 | 48.9 | 72.3 | 109.1 | 168.4 | 265.8 | 429.6 | 712.3 | 1,212.7 | 58.2% |
| MEA | 8.7 | 12.2 | 15.4 | 21.2 | 30.5 | 45.1 | 67.9 | 104.4 | 164.1 | 263.8 | 434.0 | 732.1 | 1,268.0 | 61.1% |
| Overall | 109.1 | 149.1 | 184.6 | 249.3 | 351.9 | 510.2 | 754.5 | 1,139.2 | 1,758.4 | 2,776.4 | 4,489.2 | 7,445.4 | 12,679.5 | 58.3% |
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