Introduction: Blockchain technology is rapidly transforming industries globally, with significant growth projected from 2024 to 2030. This article reviews the top ten market research reports focusing on the blockchain market size, growth segments, analysis, and forecasts across the UK, Europe, and Asia. These reports provide invaluable insights into market dynamics, key players, and future trends.
1. MarketsandMarkets: Blockchain Market by Component, Provider, Application, Organization Size, Vertical, and Region – Global Forecast to 2030
MarketsandMarkets projects the global blockchain market to grow from USD 4.9 billion in 2021 to USD 67.4 billion by 2030, at a CAGR of 68.4%. The report highlights the growing demand for blockchain solutions in banking, financial services, and insurance (BFSI), with significant adoption expected in Europe and Asia. It also examines the increasing integration of blockchain with other technologies like AI and IoT, which is expected to further propel market growth【MarketsandMarkets, 2024】. MarketsandMarkets.
The report provides a detailed analysis of market segments, including components (platforms and services), providers (infrastructure and protocol providers, application providers), and applications (payment, smart contracts, supply chain management). The extensive coverage of regional markets highlights key trends and opportunities in the UK, Europe, and Asia.
2. Statista: Blockchain Technology Market Size Worldwide 2024-2030
Statista forecasts the blockchain market to exceed USD 39 billion by 2025. This report emphasizes the technology’s rapid adoption in supply chain management, healthcare, and government sectors, particularly in the UK and Europe. Additionally, it covers the impact of regulatory developments and investments in blockchain infrastructure, which are crucial for market expansion in these regions【Statista, 2024】. Statista.
The report includes a comprehensive analysis of market drivers and challenges, such as the increasing need for transparency and the high costs associated with blockchain implementation. It also provides insights into the competitive landscape, profiling major players and their market strategies.
3. Fortune Business Insights: Blockchain Market Size, Share & COVID-19 Impact Analysis
According to Fortune Business Insights, the blockchain market will reach USD 69.04 billion by 2030, with Europe and Asia showing substantial growth due to increased investments in blockchain R&D. The report provides comprehensive coverage of market drivers, restraints, and opportunities across various industry verticals. It also includes an analysis of the competitive landscape, highlighting key players and their strategic initiatives【Fortune Business Insights, 2024】. Fortune Business Insights.
The report discusses the impact of the COVID-19 pandemic on blockchain adoption and market dynamics. It highlights how the pandemic accelerated digital transformation and the adoption of blockchain solutions across various industries, particularly in supply chain and healthcare.
4. Allied Market Research: Blockchain Distributed Ledger Market by Type, Application, and Industry Vertical – Global Opportunity Analysis and Industry Forecast, 2024-2030
Allied Market Research predicts that the blockchain distributed ledger market will grow at a CAGR of 56.3% from 2024 to 2030. The report focuses on the technology’s impact on financial transactions, smart contracts, and cybersecurity, with a significant focus on the UK, Europe, and Asia. It also discusses the challenges and opportunities presented by the evolving regulatory landscape and technological advancements【Allied Market Research, 2024】. Allied Market Research.
In addition, the report provides a detailed segmentation analysis, covering market segments by type (public, private, consortium), application (payments, smart contracts, supply chain management), and industry verticals (BFSI, healthcare, retail). It highlights the potential growth areas and key market trends in each segment.
5. Gartner: Forecast: Blockchain Business Value, Worldwide, 2024-2030
Gartner estimates the business value added by blockchain will grow to over USD 3.1 trillion by 2030. The report provides an in-depth analysis of how blockchain technology will disrupt various industries, with a particular focus on European and Asian markets. It also explores the potential of blockchain to transform business models and enhance operational efficiencies【Gartner, 2024】. Gartner.
The report delves into the strategic implications of blockchain adoption, including its impact on business processes, customer experience, and competitive advantage. It also highlights the key drivers of blockchain adoption, such as the need for transparency, security, and efficiency in business operations.
6. Research and Markets: Blockchain Technology Market – Growth, Trends, COVID-19 Impact, and Forecasts (2024 – 2030)
Research and Markets report forecasts significant growth in the blockchain technology market, driven by increased adoption in the fintech sector and government initiatives in Europe and Asia. The report details market segmentation by application and geography, providing insights into regional growth patterns. It also covers the impact of the COVID-19 pandemic on blockchain adoption and market dynamics【Research and Markets, 2024】. Research and Markets.
Furthermore, the report examines the role of blockchain in enhancing supply chain transparency, improving healthcare outcomes, and enabling secure financial transactions. It provides a detailed analysis of the competitive landscape, highlighting key players and their strategies to capitalize on market opportunities.
7. IDC: Worldwide Blockchain Spending Guide
IDC’s guide predicts that blockchain spending will reach USD 19 billion by 2024, with Europe and Asia Pacific being the fastest-growing regions. The report analyzes spending trends across different sectors and regions, highlighting key investment areas and potential growth opportunities. It also discusses the challenges faced by enterprises in implementing blockchain solutions【IDC, 2024】. IDC.
The report includes detailed forecasts of blockchain spending by industry vertical, application, and region. It highlights the key factors driving investment in blockchain technology, such as the need for secure and transparent transactions, regulatory compliance, and the potential for cost savings.
8. Grand View Research: Blockchain Technology Market Size, Share & Trends Analysis Report By Type, By Component, By Application, By End-use, By Region, And Segment Forecasts, 2024 – 2030
Grand View Research anticipates the blockchain market to grow at a CAGR of 82.4% from 2024 to 2030. The report covers market dynamics, including drivers, challenges, and opportunities, with a detailed regional analysis focusing on the UK, Europe, and Asia. It also examines the impact of technological innovations and strategic partnerships on market growth【Grand View Research, 2024】. Grand View Research.
Additionally, the report provides insights into the competitive landscape, profiling major players and their market strategies. It discusses the key factors driving market growth, such as the increasing demand for transparency and security in business operations, and the growing adoption of blockchain technology in various industry verticals.
9. TechNavio: Global Blockchain Market 2024-2030
TechNavio projects the global blockchain market to grow by USD 10.26 billion from 2024 to 2030. The report highlights the rising demand for blockchain in banking and supply chain applications, with Europe and Asia expected to witness significant market growth. It also provides a competitive analysis, profiling key players and their market strategies【TechNavio, 2024】. TechNavio.
The report discusses the key trends driving market growth, such as the increasing use of blockchain for digital identity verification and the growing adoption of blockchain-based payment solutions. It also highlights the challenges faced by the market, including regulatory uncertainties and the high costs associated with blockchain implementation.
10. Frost & Sullivan: Blockchain Technology Innovations and Growth Opportunities, 2024-2030
Frost & Sullivan’s report explores the innovations and growth opportunities in the blockchain market, forecasting substantial growth driven by applications in smart contracts, digital identity, and decentralized finance (DeFi). The analysis includes regional insights, with a strong focus on developments in Europe and Asia. The report also discusses the strategic moves by leading companies to enhance their market position【Frost & Sullivan, 2024】. Frost & Sullivan.
In addition, the report examines the impact of blockchain technology on various industry verticals, including banking, healthcare, and retail. It provides a detailed analysis of the competitive landscape, highlighting key players and their market strategies to capitalize on the growing demand for blockchain solutions.
Conclusion
The reviewed reports collectively highlight the immense growth potential of the blockchain market from 2024 to 2030, with Europe and Asia poised as key regions for expansion. The increasing adoption of blockchain in various industries, driven by technological advancements and government initiatives, underscores the importance of this transformative technology. Each report offers valuable insights into different aspects of the market, from growth drivers and restraints### A Review of Top Blockchain Market Size Reports 2024-2030 on Growth, Segments, Analysis, and Forecasts in the UK, Europe, and Asia
Blockchain technology continues to revolutionize various industries globally, with significant growth projected from 2024 to 2030. This article reviews the top ten market research reports focusing on the blockchain market size, growth segments, analysis, and forecasts across the UK, Europe, and Asia. These reports provide invaluable insights into market dynamics, key players, and future trends.
Bibliography
- Allied Market Research. (2024). Blockchain Distributed Ledger Market by Type, Application, and Industry Vertical – Global Opportunity Analysis and Industry Forecast, 2024-2030. [online] Available at: Allied Market Research.
- Fortune Business Insights. (2024). Blockchain Market Size, Share & COVID-19 Impact Analysis. [online] Available at: Fortune Business Insights.
- Gartner. (2024). Forecast: Blockchain Business Value, Worldwide, 2024-2030. [online] Available at: Gartner.
- Grand View Research. (2024). Blockchain Technology Market Size, Share & Trends Analysis Report By Type, By Component, By Application, By End-use, By Region, And Segment Forecasts, 2024 – 2030. [online] Available at: Grand View Research.
- IDC. (2024). Worldwide Blockchain Spending Guide. [online] Available at: IDC.
- MarketsandMarkets. (2024). Blockchain Market by Component, Provider, Application, Organization Size, Vertical, and Region – Global Forecast to 2030. [online] Available at: MarketsandMarkets.
- Research and Markets. (2024). Blockchain Technology Market – Growth, Trends, COVID-19 Impact, and Forecasts (2024 – 2030). [online] Available at: Research and Markets.
- Statista. (2024). Blockchain Technology Market Size Worldwide 2024-2030. [online] Available at: Statista.
- TechNavio. (2024### A Review of Top Blockchain Market Size Reports 2024-2030 on Growth, Segments, Analysis, and Forecasts in the UK, Europe, and Asia
