Europe Blockchain Iot Market Size & Outlook, 2023-2030

The blockchain iot market in Europe is expected to reach a projected revenue of US$ 2,736.2 million by 2030. A compound annual growth rate of 56.8% is expected of Europe blockchain iot market from 2024 to 2030.

Revenue, 2023 (US$M)
$117.6
Forecast, 2030 (US$M)
$2,736.2
CAGR, 2024 - 2030
56.8%
Report Coverage
Europe

Europe blockchain iot market highlights

  • The Europe blockchain iot market generated a revenue of USD 117.6 million in 2023.
  • The market is expected to grow at a CAGR of 56.8% from 2024 to 2030.
  • In terms of segment, software & platform was the largest revenue generating component in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 117.6 million
Market revenue in 2030USD 2,736.2 million
Growth rate56.8% (CAGR from 2023 to 2030)
Largest segmentSoftware & platform
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software & Platform, Services
Key market players worldwideIntel Corp, International Business Machines Corp, Microsoft Corp, Cisco Systems Inc, Amazon.com Inc, WPP PLC, The Linux Foundation, KrypC, IoTeX, R3, Chronicled


Other key industry trends

  • In terms of revenue, Europe region accounted for 23.1% of the global blockchain iot market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,636.0 million by 2030.

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Blockchain IoT Market Companies

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Europe 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 51.7% in 2023. Horizon Databook has segmented the Europe blockchain iot market based on hardware, software & platform, services covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of blockchain iot market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe blockchain iot market , including forecasts for subscribers. This continent databook contains high-level insights into Europe blockchain iot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe blockchain iot market size, by country, 2018-2030 (US$M)

Europe Blockchain IoT Market Outlook Share, 2023 & 2030 (US$M)

Europe blockchain iot market size, by country, 2018-2030 (US$M)

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