Home News BlockChain market to grow at CAGR of around 70% by 2024: Report

BlockChain market to grow at CAGR of around 70% by 2024: Report

Global Blockchain Market is anticipated to grow at a considerable CAGR of around 70% by 2024
Global Blockchain Market is anticipated to grow at a considerable CAGR of around 70% by 2024.

US: Global Blockchain Market is anticipated to grow at a considerable CAGR of around 70% over the forecast period, i.e. 2017-2024. Further, the global blockchain market is likely to grow on the basis of the real estate vertical, which is expected to grow at the highest rate during the forecast period.

In the regional market, North America is anticipated to dominate the overall market of blockchain market during the forecast period. Further, the region contributed to the leading share in terms of revenue on account of high acceptance of blockchain technology due to its transparency and immutability.

Europe blockchain market is expected to expand due to the representative shares in the global blockchain market over the forecast period. Global blockchain market is profitable market in the region of Asia Pacific over the forecast period.

Factors, such as increasing investments and great involvement of industries are likely to be the major drivers for Asia Pacific blockchain market over the forecast period. Moreover, China is predicted to contribute significantly towards the growth of Asia Pacific blockchain market over the forecast period.

Key Players Covered in this Report:
IBM Corporation, Microsoft Corporation, Amazon.com Inc., SAP SE, Intel Corporation, Samsung Group, NVIDIA Corporation, Xilinx Inc., AMD Inc., Siemens AG and Accenture Plc