Blockchain-as-a-Service Market Set to Expand from $7.87
Blockchain-as-a-Service Market
The ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ was valued at USD 7.87 billion in 2023 and is projected to grow at a robust CAGR of 37%, reaching nearly USD 71.35 billion by 2030.
๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Blockchain-as-a-Service is a cloud-based solution enabling businesses to deploy, manage, and monitor blockchain applications without extensive infrastructure costs. It leverages economies of scale to provide secure, scalable, and efficient services across various industries. The market's rapid growth is fueled by blockchain's application in diverse sectors, including supply chain management, identity verification, and financial services. Increasing adoption of blockchain for secure and transparent operations is driving its integration across small, medium, and large enterprises globally.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Blockchain-as-a-Service-Market/283
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ:
The rising demand for secure and transparent supply chain management, driven by the need for operational efficiency and trust, is a primary growth driver. Additionally, the surge in eCommerce and digital transformation post-COVID-19 has amplified the adoption of blockchain in payments and identity management. SMEs are adopting BaaS solutions to enhance scalability, flexibility, and cost-effectiveness, further accelerating market expansion. The synergy between blockchain and IoT and its potential to revolutionize sectors like healthcare and logistics are also significant contributors.
๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The integration of blockchain with AI and IoT is emerging as a dominant trend, enabling smarter and more secure decentralized applications. Smart contracts and automated processes are gaining traction across industries such as BFSI and government. Furthermore, blockchain adoption in digital identity management and compliance is witnessing exponential growth. The increasing focus on sustainability and traceability, especially in sectors like energy and retail, is driving innovation in blockchain-based solutions.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/Blockchain-as-a-Service-Market/283
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's Blockchain-as-a-Service market is expanding rapidly, supported by the government's push for digital transformation and blockchain adoption. The market grew by 16.2% in 2023, with increased applications in supply chain management and financial services. Companies like IBM and Microsoft are collaborating with Vietnamese startups to enhance blockchain integration across various industries.
๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's focus on fintech innovation and digital ecosystems is driving growth in the BaaS market. The market recorded a 15.8% growth in 2023, fueled by increasing adoption in the banking and retail sectors. Key players such as Oracle and Alibaba Cloud are introducing tailored BaaS solutions to cater to Thailand's growing demand for secure and efficient blockchain systems.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ
Japan's advanced technology infrastructure and regulatory support are fostering significant growth in the BaaS market. The market expanded by 15.5% in 2023, with notable applications in identity management and cryptocurrency exchanges. Companies like Fujitsu and NTT Data are leading the market with innovative blockchain platforms designed for Japanese enterprises.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
South Korea's strong emphasis on technology and digitalization is driving the adoption of Blockchain-as-a-Service. The market grew by 16.3% in 2023, with rising demand for blockchain solutions in healthcare and logistics. Companies such as Samsung SDS and LG CNS are at the forefront, offering advanced blockchain platforms to enhance efficiency and security.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ
Singapore's position as a global fintech hub is boosting the adoption of Blockchain-as-a-Service. The market recorded an 18% growth in 2023, supported by increased applications in trade finance and real estate. Companies like Amazon Web Services (AWS) and Hyperledger are collaborating with local enterprises to accelerate blockchain adoption in Singapore's digital economy.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ
The United States remains the largest market for Blockchain-as-a-Service, accounting for over 40% of global revenue in 2023. The growth is driven by significant investments in blockchain technology across sectors like banking, insurance, and supply chain management. Major players like IBM, Amazon Web Services (AWS), and Microsoft Azure are introducing comprehensive BaaS platforms to cater to the diverse needs of US enterprises.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ
Europe's Blockchain-as-a-Service market is thriving, driven by strong regulatory support and the adoption of blockchain in government services. The market grew by 15.4% in 2023, with countries like Germany, France, and the UK leading in adoption. Companies such as SAP and Oracle are investing in blockchain-based platforms to cater to Europe's demand for transparency and security in digital transactions.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.stellarmr.com/report/req_sample/Blockchain-as-a-Service-Market/283
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ:
By Application
Supply Chain Management
Smart Contracts
Identity Management
Payments
Governance, Risk, and Compliance Management
Others
By Organization Size
SMEs
Large enterprises
By Vertical
BFSI
Healthcare
Manufacturing
Retail and eCommerce
Transportation and Logistics
Government and Public Sector
Energy and Utilities
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Blockchain-as-a-Service-Market/283
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง-๐๐ฌ-๐-๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
IBM
Microsoft
SAP
AWS
Oracle
Huawei
R3
HPE
Wipro
Infosys
Bitfury
Factom
LeewayHertz
Altoros
VeChain
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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โฆEurope Paper Packaging Market https://www.stellarmr.com/report/Europe-Paper-Packaging-Market/162
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
[email protected]
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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