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Global Blockchain in Telecom Strategic Market Report 2023: U.S. Market is Estimated at $379.3 Million, While China is Forecast to Grow at 70.6% CAGR to 2030 – ResearchAndMarkets.com

November 10, 2023 By Business Wire

DUBLIN--(BUSINESS WIRE)--The "Blockchain in Telecom - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.



Global Blockchain in Telecom Market to Reach $114.2 Billion by 2030

The global market for Blockchain in Telecom estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$114.2 Billion by 2030, growing at a CAGR of 76.1% over the analysis period 2022-2030.

Infrastructure Providers, one of the segments analyzed in the report, is projected to record 73.5% CAGR and reach US$44.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Application Providers segment is readjusted to a revised 79.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $379.3 Million, While China is Forecast to Grow at 70.6% CAGR

The Blockchain in Telecom market in the U.S. is estimated at US$379.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.8 Billion by the year 2030 trailing a CAGR of 70.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 65.2% and 61.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 45.2% CAGR.

Added features of this report include insights on global competitiveness, market presence across multiple geographies, online peer-to-peer updates, access to digital archives and more. All designed to empower executives like you to stay ahead of the curve.

Key Attributes:

Report Attribute Details
No. of Pages 89
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $1.2 Billion
Forecasted Market Value (USD) by 2030 $114.2 Billion
Compound Annual Growth Rate 76.7%
Regions Covered Global

Key Topics Covered:

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Blockchain in Telecom - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

FOCUS ON SELECT PLAYERS (Total 33 Featured)

  • Abra
  • Auxesis Group
  • AWS
  • Bitfury
  • Blockchain Foundry
  • Blockcypher
  • Blocko
  • Blockpoint
  • Blockstream
  • Cegeka

For more information about this report visit https://www.researchandmarkets.com/r/knj483

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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