Blockchain IoT Market Revenue Size, Trends and Factors, Regional Share Analysis & Forecast
The global blockchain Internet of Things (IoT) market size was USD 0.57 billion in 2022 and is expected to register a rapid revenue CAGR of 43.4% during the forecast period. Rising adoption of IoT devices and solutions and increasing use of IoT solutions built on blockchain with smart contracts and Artificial Intelligence (AI) are key factors driving market revenue growth.
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
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Competitive Outlook: The leading companies operating in the Blockchain IoT market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Blockchain IoT Market and Profiled in the Report are:
IBM Corporation, Microsoft Corporation, Intel Corporation, Amazon Web Services, Inc., Huawei Technologies Co., Ltd., Cisco Systems, Inc., SAP SE, Ethereum Foundation, The Linux Foundation, R3, ArcTouch, Waltonchain, Helium, Factom, HYPR Corp, Chronicled, KrypC Technologies, IoTeX, Discovery, and IOTA Foundation
Objectives of the Report:
Study of the global Blockchain IoT market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Blockchain IoT market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Blockchain IoT market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Blockchain IoT market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2019-2032)
Hardware
IoT Sensors
Motion Sensors
GPS
Temperature Sensors
Vehicle Information
Connected Devices
Crypto Wireless
Software and Platform
Services
Technology Advisory and Consulting Services
Deployment and Integration Services
Support and Maintenance
Application Outlook (Revenue, USD Billion; 2019-2032)
Data Security
Smart Contracts
Smart Homes
Data Communication
Asset Tracking and Management
Other Applications
Organization Size Outlook (Revenue, USD Billion; 2019-2032)
Small and Medium Enterprises (SMEs)
Large Enterprises
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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