DUBLIN–(BUSINESS WIRE)–The “Blockchain in Telecom – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Blockchain in Telecom Market to Reach $114.2 Billion by 2030
The global market for Blockchain in Telecom estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$114.2 Billion by 2030, growing at a CAGR of 76.1% over the analysis period 2022-2030.
Infrastructure Providers, one of the segments analyzed in the report, is projected to record 73.5% CAGR and reach US$44.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Application Providers segment is readjusted to a revised 79.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $379.3 Million, While China is Forecast to Grow at 70.6% CAGR
The Blockchain in Telecom market in the U.S. is estimated at US$379.3 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$15.8 Billion by the year 2030 trailing a CAGR of 70.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 65.2% and 61.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 45.2% CAGR.
Added features of this report include insights on global competitiveness, market presence across multiple geographies, online peer-to-peer updates, access to digital archives and more. All designed to empower executives like you to stay ahead of the curve.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 89 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $1.2 Billion |
| Forecasted Market Value (USD) by 2030 | $114.2 Billion |
| Compound Annual Growth Rate | 76.7% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Blockchain in Telecom – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
FOCUS ON SELECT PLAYERS (Total 33 Featured)
- Abra
- Auxesis Group
- AWS
- Bitfury
- Blockchain Foundry
- Blockcypher
- Blocko
- Blockpoint
- Blockstream
- Cegeka
For more information about this report visit https://www.researchandmarkets.com/r/knj483
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Source: https://thenewscrypto.com/global-blockchain-in-telecom-strategic-market-report-2023-u-s-market-is-estimated-at-379-3-million-while-china-is-forecast-to-grow-at-70-6-cagr-to-2030-researchandmarkets-com/