Blockchain IoT Market By Application (Smart Contract, Security, and Asset Tracking and Management), Component (Hardware (IoT Sensors & Crypto-Wallets), Software and Platform, and Services) - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits - Forecast 2024-2032

Industry : Information Technology | Pages : 149 Pages | Published On : Mar 2024

         
     
The Blockchain IoT Market is Valued USD 0.53506395 Billion in 2024 and projected to reach USD 23.2 billion by 2032, growing at a CAGR of 52.1% During the Forecast period of 2024-2032.

 

This report covers a sub-market in this field - the Blockchain IoT Market by component type in detail, segmenting the market as Hardware, IoT Sensors & Crypto-Wallets, Software and Platform, and Services. The scope of the report covers application segment which includes Smart Contract, Security, and Asset Tracking and Management. The segment organisation size segregated into Large Enterprises SMEs.  Verticals segment bifurcated into Energy and Utilities Transportation and Logistics Manufacturing Building Management Healthcare Retail Wearable and Mobile Devices Smart City Other vertical. Lastly, the Blockchain IoT Market is segmented by geography across North America, Europe, Asia-Pacific (APAC), ROW (Rest of the World) and regional market further sub-segmented by countries.

Blockchain IoT Market Size

Graph
ReportDetails
Market Size ValueUSD 0.53506395 Billion in 2024
Market Size ValueUSD 23.2 billion by 2032
CAGR52.1%
Forecast Period2024-2032
Base Year 2023
Historic Data2020
Geographics CoveredNorth America, Latin America, Europe, Asia-Pacific, Middle East & Africa

The report deals with all the driving factors, opportunities and challenges with respect to the global Blockchain IoT Market, which are helpful in identifying trends and key success factors for the industry. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long term landscapes. The report also includes qualitative analysis on the market, by incorporating complete analysis of industry value chain, funding and investments, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report profiles all major companies active in this field. This report provides the competitive landscape of the key players, which covers all key growth strategies. Moreover, the report formulates the entire value chain of the market, along with industry trends of sports analytics with emphasis on market timelines & technology roadmaps, market and product life cycle analysis.

Major players in Blockchain IoT Market include IBM, Microsoft, Intel, Amazon Web Services, Huawei, Cisco, SAP, Ethereum Foundation, The Linux Foundation, R3, Arctouch, Waltonchain, Helium, Factom, HYPR, Chronicled, KrypC, IoTeX, Discovery, Iota, Atonomi, Xage, Ambrosus, NetObjex, and Grid+ among others.

The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the market revenues to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study.

Market Analysis and Insights: Blockchain IoT Market Analysis & Insights

Blockchain IoT Market Scope and Market Size

The key deliverables of this report are market statistics with detailed classifications and splits by revenue. The Blockchain IoT Market revenues are segmented by Component, Application, Organization Size, Vertical, and Regions. Players, stakeholders, and other participants in the global Blockchain IoT Market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2016-2027. Detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and company rankings.

Report further studies the market development status and future and Blockchain IoT Market trend across the world. Also, it splits Blockchain IoT Market segmentation by Component, Application, Organization Size, Vertical, and Regions to deep dive research and reveals market profile and prospects.

Major Classifications are as follows:

By Component:

  • Hardware
    • IoT Sensors
      • Motion Sensors
      • GPS
      • Temperature Sensors
      • Vehicle Information
      • Connected Devices
    • Crypto-wallets
  • Software and Platform
  • Services
    • Technology Advisory and Consulting Services
    • Deployment and Integration Services
    • Support and Maintenance

By Applications:

  • Smart Contracts
  • Security
  • Data Sharing/ Communication
  • Asset Tracking and Management
  • Other applications* (real-time workforce tracking and workforce management)

By Organization size:

  • Large Enterprises
  • SMEs

By Vertical:

  • Energy and Utilities
  • Transportation and Logistics
  • Manufacturing
  • Building Management
  • Healthcare
  • Retail
  • Wearable and Mobile Devices
  • Smart City
  • Other verticals

By Region

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • Franc
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • Rest of APAC
  • Rest of the World (RoW)
    • Middle East
    • Africa
    • South America

Reason to purchase this Blockchain IoT Market Report:

  • Determine prospective investment areas based on a detailed trend analysis of the global Blockchain IoT Market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different and Blockchain IoT Market segments in the top spending countries across the world and identify the opportunities offered by each of them.
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels that are driving the global Blockchain IoT Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Blockchain IoT Market.
  • Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Blockchain IoT Market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.

 

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Methodology:

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This methodology is built upon the integration of all seven research methodologies developed by MarketDigits, a renowned global research and consulting firm. By leveraging the collective strength of these methodologies, we are able to deliver a 360° view of the challenges, trends, and issues impacting your industry.

The first step of our 360° Research Methodology™ involves conducting extensive primary research, which involves gathering first-hand information through interviews, surveys, and interactions with industry experts, key stakeholders, and market participants. This approach enables us to gather valuable insights and perspectives directly from the source.

Secondary research is another crucial component of our methodology. It involves a deep dive into various data sources, including industry reports, market databases, scholarly articles, and regulatory documents. This helps us gather a wide range of information, validate findings, and provide a comprehensive understanding of the industry landscape.

Furthermore, our methodology incorporates technology-based research techniques, such as data mining, text analytics, and predictive modelling, to uncover hidden patterns, correlations, and trends within the data. This data-driven approach enhances the accuracy and reliability of our analysis, enabling us to make informed and actionable recommendations.

In addition, our analysts bring their industry expertise and domain knowledge to bear on the research process. Their deep understanding of market dynamics, emerging trends, and future prospects allows for insightful interpretation of the data and identification of strategic opportunities.

To ensure the highest level of quality and reliability, our research process undergoes rigorous validation and verification. This includes cross-referencing and triangulation of data from multiple sources, as well as peer reviews and expert consultations.

The result of our 360° Research Methodology is a comprehensive and robust research report that empowers you to make well-informed business decisions. It provides a panoramic view of the industry landscape, helping you navigate challenges, seize opportunities, and stay ahead of the competition.

In summary, our 360° Research Methodology is designed to provide you with a deep understanding of your industry by integrating various research techniques, industry expertise, and data-driven analysis. It ensures that every business decision you make is based on a well-triangulated and comprehensive research experience.

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Covered Key Topics

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Market Growth Drivers

Leading Market Players

Company Market Share

Market Size and Growth Rate

Market Trend and Technological

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