The 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 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.

𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

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.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲:https://www.stellarmr.com/report/req_sample/Blockchain-as-a-Service-Market/283

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:

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.

𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

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.

𝐓𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐜𝐚𝐧 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.stellarmr.com/report/enquire_now/Blockchain-as-a-Service-Market/283

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐔𝐩𝐝𝐚𝐭𝐞𝐬

𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

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.

𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

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.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧'𝐬 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

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.

𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚'𝐬 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

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.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞'𝐬 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

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.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

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.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞'𝐬 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

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.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.stellarmr.com/report/req_sample/Blockchain-as-a-Service-Market/283

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:

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

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/Blockchain-as-a-Service-Market/283

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

IBM
Microsoft
SAP
AWS
Oracle
Huawei
R3
HPE
Wipro
Infosys
Bitfury
Factom
LeewayHertz
Altoros
VeChain

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

♦European Cable Connector Market https://www.stellarmr.com/report/European-Cable-Connector-Market/102

♦Middle East and Africa Cable Connector Market https://www.stellarmr.com/report/Middle-East-and-Africa-Cable-Connector-Market/108

♦Europe Air Purifier Market https://www.stellarmr.com/report/Europe-Air-Purifier-Market/132

♦North America Paper Packaging Market https://www.stellarmr.com/report/North-America-Paper-Packaging-Market/158

♦Europe Paper Packaging Market https://www.stellarmr.com/report/Europe-Paper-Packaging-Market/162

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
[email protected]

𝐀𝐛𝐨𝐮𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.