North America Blockchain Technology Market Size & Outlook
North America blockchain technology market, 2017-2030 (US$M)
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North America blockchain technology market highlights
- The North America blockchain technology market generated a revenue of USD 3,782.7 million in 2022.
- The market is expected to grow at a CAGR of 85% from 2023 to 2030.
- In terms of segment, public cloud was the largest revenue generating type in 2022.
- Public Cloud is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 3,782.7 million |
| Market revenue in 2030 | USD 520,076.9 million |
| Growth rate | 85% (CAGR from 2022 to 2030) |
| Largest segment | Public cloud |
| Fastest growing segment | Public Cloud |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Public Cloud, Private Cloud, Hybrid Cloud |
| Key market players worldwide | International Business Machines Corp, Microsoft Corp, The Linux Foundation, Deloitte, Global Arena Holding Inc, Ripple India |
Other key industry trends
- In terms of revenue, North America region accounted for 37.8% of the global blockchain technology market in 2022.
- 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 296,614.2 million by 2030.
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Blockchain Technology Market Scope
Blockchain Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America blockchain technology 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 technology market will help companies and investors design strategic landscapes.
Public cloud was the largest segment with a revenue share of 61.17% in 2022. Horizon Databook has segmented the North America blockchain technology market based on public cloud, private cloud, hybrid cloud covering the revenue growth of each sub-segment from 2017 to 2030.
The increasing number of blockchain technology-based startups in North America is driving the market growth in the region. Various states in the U.S. are now making efforts to promote the use of blockchain technology. For instance, Colorado passed a bipartisan bill that exempted cryptocurrency from its security regulations.
Similarly, Oklahoma introduced a bill that authorizes cryptocurrency to be used, offered, sold, accepted, and exchanged as an instrument of momentary value within the state’s government agencies. However, some U.S. states such as Lowe have introduced bills to prohibit the political subdivisions and states from accepting payment in the form of cryptocurrency.
Authorities in at least 10 states of the U.S., including Hawaii and Maryland, have restricted the use of cryptocurrency. U.S. states are making efforts to promote the adoption of new technologies among industries.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America blockchain technology market , including forecasts for subscribers. This continent databook contains high-level insights into North America blockchain technology market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America blockchain technology market size, by country, 2017-2030 (US$M)
North America Blockchain Technology Market Outlook Share, 2022 & 2030 (US$M)
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