The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Blockchain-as-a-Service Market (2025-2030):

According to the latest report, the Blockchain-as-a-Service Market size was valued at around USD 4.3 Billion in 2024 and is projected to reach USD 68 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 58% during the forecast period, i.e., 2025-30. The report demonstrates the prominent factors propelling the exponential growth of the Blockchain-as-a-Service Market.

Key Takeaways: Beneficial for Stakeholders and Clients

• Historic Period: 2020-2023
• Base year: 2024
• Forecast Years: 2025-2030
• CAGR (2025-30): 58%
• Market Value in 2024: USD 4.3 Billion
• Market Value in 2030: USD 68 Billion

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What are the major Driver the Global Blockchain-as-a-Service Market?

Rising Security Concerns to Spur the Growth of Blockchain-as-a-Service – Blockchain offers safe business transactions by protecting records with cryptography. Numerous end-use industries such as healthcare, BFSI, media, entertainment, automotive, etc. depend on the accuracy timeliness, and reliability of data stored in blockchain. Furthermore, the BFSI sector benefits from the deployment of blockchain technology by establishing more secure networks for digital transactions and gaining the confidence of consumers to trade and invest in cryptocurrencies. For instance; JP Morgan’s Kinexys (formally Onyx) blockchain network processes an average of more than USD 2 billion daily in transaction volume providing accurate and timely cross-border payments and settlements with payment transactions grown by 10x year over year. Secure digital ledger technology has also become more popular among businesses as a result of the pandemic’s acceleration in the adoption of cloud-based digital platforms. This is driving the market towards growth as companies are using Blockchain-as-a-Service to achieve higher levels of operational security and transparency.

Global Blockchain-as-a-Service Market Segmentation

The Blockchain-as-a-Service Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• By Offering
• Tools- Market Size & Forecast 2020-2030, USD Million
• Services- Market Size & Forecast 2020-2030, USD Million
• By Application
• Supply Chain Management- Market Size & Forecast 2020-2030, USD Million
• Smart Contracts- Market Size & Forecast 2020-2030, USD Million
• Financial Payments- Market Size & Forecast 2020-2030, USD Million
• Others (Identity Management, Governance, Risk & Compliance (GRC) management)
• By Organization Size
• Small and Medium Enterprise (SME)- Market Size & Forecast 2020-2030, USD Million
• Large Enterprise- Market Size & Forecast 2020-2030, USD Million
• By End User
• BFSI- Market Size & Forecast 2020-2030, USD Million
• IT & Telecom- Market Size & Forecast 2020-2030, USD Million
• Retail & Commerce- Market Size & Forecast 2020-2030, USD Million
• Transport & Logistics- Market Size & Forecast 2020-2030, USD Million
• Healthcare & Life Sciences- Market Size & Forecast 2020-2030, USD Million
• Automotive- Market Size & Forecast 2020-2030, USD Million
• Others (Energy & Utility, Media & Entertainment, etc.)
• By Region
• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

As per the regional aspect, the Blockchain-as-a-Service Market is expected to be dominated by the North America by capturing the potential market share. 

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Top Companies in the Global Blockchain-as-a-Service Market

IBM Corporation, SAP SE, Oracle, Microsoft Corporation, Alibaba, Baidu, Inc., Accenture, NTT Data Corporation, Infosys Limited, Stratis Group, VMware, Inc., Huawei Cloud, Tata Consultancy Services (TCS), Wipro Limited, R3 (Corda) and others

Global Blockchain-as-a-Service Industry Recent Development:

• January 2024: IBM & Caper Labs plan to develop a new Casper Labs solution, designed with blockchain and built leveraging IBM Watson. Governance. This will help clients to leverage blockchain to gain greater transparency and audibility in their AI systems.

• May 2024: Infosys was named as the newest Hyperledger Certified Service Provider allowing businesses the flexibility and modularity to create custom blockchain solutions tailored to their specific needs by leveraging Infosys’ comprehensive services

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