Blockchain IoT Market

Global Blockchain IoT Market Size, Trends & Analysis - Forecasts to 2029 By Component Type (Hardware, Software, and Services), By End-use Industry (Transportation & Logistics, Manufacturing, Healthcare, Retail, Consumer Electronics, Smart City, and Others), By Application Type (Data Security, Smart Contracts, Asset Tracking & Management, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape

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This report was recently updated on May 21 2024 with the latest and most recent market numbers

Global Blockchain IoT Market Size

The global blockchain IoT market is expected to exhibit a CAGR of 57.9% from 2024 to 2029. Blockchain IoT enables secure communication, data sharing, and transaction execution among IoT devices without intermediaries. This fusion ensures heightened trust in data integrity, allowing applications like supply chain management, smart contracts, and decentralized autonomous organizations (DAOs) to operate seamlessly.

Several market drivers influence the growth of the global blockchain IoT market. Blockchain integration with IoT devices enhances security by providing decentralized, tamper-proof data storage and management, appealing to various sectors. This improved security, enhanced operational efficiency, and heightened focus on IoT security propel market growth. Additionally, blockchain's ability to streamline business processes and ensure data transparency is gaining traction across industries. The market is further influenced by the growing popularity of smart contracts based on blockchain. In healthcare, blockchain implementation is growing, providing robust solutions for data management and security. Moreover, the continuous technological advancement and increasing governmental investments in blockchain applications are boosting the market's expansion, demonstrating a strong commitment to adopting and leveraging these technologies for diverse applications.

Certain market restraints hinder the growth of the global blockchain IoT market. Blockchain technology, particularly when integrated with numerous IoT devices, struggles to handle large volumes of transactions efficiently. This scalability challenge can lead to slower transaction speeds and increased costs, hindering widespread adoption across sectors where real-time data processing and rapid responses are crucial.

global blockchain iot market

Global Blockchain IoT Market: By Component Type

Based on the component type, the market is segmented into hardware, software, and services. The software segment is expected to be the largest segment during the forecast period. Software includes everything from the development of applications for smart contracts and secure data transactions to the management and operation of distributed ledger technologies. As industries increasingly adopt IoT solutions, the need for robust, scalable, and secure software to manage these solutions and ensure their integrity and effectiveness drives the significant growth of this segment.

The services segment is expected to be the fastest-growing segment in the global blockchain IoT market during the forecast period. As organizations integrate blockchain with IoT, they require expert services for system integration, consulting, and management to ensure seamless operation and optimization. This demand is driven by the complexities involved in deploying blockchain technology and the continuous need for updates and technical assistance to navigate this evolving landscape efficiently.

Global Blockchain IoT Market: By End-use Industry

On the basis of the end-use industry, the market is segmented into transportation & logistics, manufacturing, healthcare, retail, consumer electronics, smart city, and others. The transportation & logistics segment is expected to be the largest segment during the forecast period. Blockchain IoT facilitates real-time data sharing and tamper-proof documentation, enhancing the integrity and reliability of logistical operations. This technology significantly reduces errors, fraud, and costs while improving overall operational efficiency, one of the key factors driving its adoption in this globally interconnected and complex sector.

The healthcare segment is expected to be the fastest-growing segment in the global blockchain IoT market during the forecast period. Blockchain technology ensures the integrity and confidentiality of sensitive medical data, facilitates secure patient data access, and enhances the traceability of pharmaceuticals and medical supplies. This leads to improved patient care and operational efficiencies, driving rapid adoption in a sector that is increasingly focused on data security and regulatory compliance.

Global Blockchain IoT Market: By Application Type

Based on application type, the market is segmented into data security, smart contracts, asset tracking & management, and others. The smart contracts segment is expected to be the market's largest segment over the forecast period. These contracts execute automatically based on predefined rules, ensuring reliability and reducing potential disputes or fraud. This efficiency is particularly valuable in industries requiring precise, trust-less exchanges and collaborations, such as supply chain management and finance, leading to widespread adoption and making it a dominant segment in the market.

The asset tracking & management segment is expected to be the fastest-growing segment in the global blockchain IoT market during the forecast period. Blockchain technology provides immutable records and real-time updates, ensuring that the location and status of assets are accurately monitored across various points in the supply chain. This capability is crucial for industries that rely on precise logistics, like manufacturing and retail, leading to increased adoption of more secure, efficient, and reliable asset management processes.

asia pacific blockchain iot market

Global Blockchain IoT Market: By Region

North America is expected to hold the largest share of the global blockchain IoT market during the forecast period. The region has advanced technological infrastructure, a robust ecosystem of IoT companies, and a high level of investment in blockchain technology. Additionally, North American businesses are demonstrating a strong preference for innovative solutions, thereby increasing the demand for blockchain IoT applications across various industries. Moreover, supportive regulatory frameworks and a strong focus on data security further contribute to North America's dominance in this market.

Asia Pacific is expected to be the fastest-growing region in the global blockchain IoT market during the forecast period. APAC exhibits a rapidly expanding IoT ecosystem driven by the region's strong focus on technology adoption and innovation. Additionally, governments in countries like China, Japan, and South Korea actively invest in blockchain and IoT initiatives, fostering a conducive regulatory environment. Furthermore, the presence of major technology hubs and a burgeoning start-up culture contribute to the region's dynamic growth. This combination of factors fuels increased adoption and implementation of blockchain IoT solutions across diverse industries, propelling APAC to the forefront of market expansion.

Global Blockchain IoT Market Share and Competitor Analysis

Intel Corp., IBM Corp., Microsoft Corp., Cisco Systems Inc., The Linux Foundation, Amazon.com Inc., KrypC Technologies, IoTex, ArcTouch LLC, and R3 LLC, among others, are some of the key players operating in the global market.

Please note: This is not an exhaustive list of companies profiled in the report.

Global Blockchain IoT Market: Recent Developments

In April 2024, WiMi, a leading global hologram augmented reality provider, announced a lightweight blockchain-based architecture for 5G IoT, offering a secure, efficient, and trusted connectivity solution that overcomes traditional network limitations.

In December 2023, Vodafone and Deloitte partnered to introduce a blockchain IoT service aimed at enhancing trust in supply chains by verifying the provenance of IoT data in the international logistics market, thereby enhancing trade compliance and freight tracking.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1   Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2   Global Market Estimates' View

1.3   Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4   Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2           Adjacent Market Opportunities

3.1.3           Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1           Market Drivers: Impact Analysis

3.2.2           Market Restraints: Impact Analysis

3.2.3           Market Opportunities: Impact Analysis

3.2.4           Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1           Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2           SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL BLOCKCHAIN IOT MARKET, BY COMPONENT TYPE

4.1   Introduction

4.2   Blockchain IoT Market: Component Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2023 & 2029

4.4   Hardware

4.4.1           Hardware Market Estimates and Forecast, 2021-2029 (USD Billion)

4.5   Software

4.5.1           Software Market Estimates and Forecast, 2021-2029 (USD Billion)

4.6   Services

4.6.1           Services Market Estimates and Forecast, 2021-2029 (USD Billion)

5          GLOBAL BLOCKCHAIN IOT MARKET, BY APPLICATION TYPE

5.1   Introduction

5.2   Blockchain IoT Market: Application Type Scope Key Takeaways

5.3   Revenue Growth Analysis, 2023 & 2029

5.4   Data Security

5.4.1           Data Security Market Estimates and Forecast, 2021-2029 (USD Billion)

5.5   Smart Contracts

5.5.1           Smart Contracts Market Estimates and Forecast, 2021-2029 (USD Billion)

5.6   Asset Tracking & Management

5.6.1           Asset Tracking & Management Market Estimates and Forecast, 2021-2029 (USD Billion)

5.7   Others

5.7.1           Others Market Estimates and Forecast, 2021-2029 (USD Billion)

6          GLOBAL BLOCKCHAIN IOT MARKET, BY END-USE INDUSTRY

6.1   Introduction

6.2   Blockchain IoT Market: End-use Industry Scope Key Takeaways

6.3   Revenue Growth Analysis, 2023 & 2029

6.4   Transportation & Logistics

6.4.1           Transportation & Logistics Market Estimates and Forecast, 2021-2029 (USD Billion)

6.5   Consumer Electronics

6.5.1           Consumer Electronics Market Estimates and Forecast, 2021-2029 (USD Billion)

6.6   Manufacturing

6.6.1           Manufacturing Market Estimates and Forecast, 2021-2029 (USD Billion)

6.7   Healthcare

6.7.1           Healthcare Market Estimates and Forecast, 2021-2029 (USD Billion)

6.8   Retail

6.8.1           Retail Market Estimates and Forecast, 2021-2029 (USD Billion)

6.9   Smart City

6.9.1           Smart City Market Estimates and Forecast, 2021-2029 (USD Billion)

6.10 Others

6.10.1        Others Market Estimates and Forecast, 2021-2029 (USD Billion)

7          GLOBAL BLOCKCHAIN IOT MARKET, BY REGION

7.1   Introduction

7.2   North America Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.2.1        By Component Type

7.2.2        By Application Type

7.2.3        By End-use Industry

7.2.4        By Country

7.2.4.1     U.S. Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.2.4.1.1        By Component Type

7.2.4.1.2        By Application Type

7.2.4.1.3        By End-use Industry

7.2.4.2     Canada Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.2.4.2.1        By Component Type

7.2.4.2.2        By Application Type

7.2.4.2.3        By End-use Industry

7.2.4.3     Mexico Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.2.4.3.1        By Component Type

7.2.4.3.2        By Application Type

7.2.4.3.3        By End-use Industry

7.3   Europe Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.3.1        By Component Type

7.3.2        By Application Type

7.3.3        By End-use Industry

7.3.4        By Country

7.3.4.1     Germany Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.3.4.1.1        By Component Type

7.3.4.1.2        By Application Type

7.3.4.1.3        By End-use Industry

7.3.4.2     U.K. Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.3.4.2.1        By Component Type

7.3.4.2.2        By Application Type

7.3.4.2.3        By End-use Industry

7.3.4.3     France Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.3.4.3.1        By Component Type

7.3.4.3.2        By Application Type

7.3.4.3.3        By End-use Industry

7.3.4.4     Italy Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.3.4.4.1        By Component Type

7.3.4.4.2        By Application Type

7.2.4.4.3        By End-use Industry

7.3.4.5     Spain Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.3.4.5.1        By Component Type

7.3.4.5.2        By Application Type

7.2.4.5.3        By End-use Industry

7.3.4.6     Netherlands Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.3.4.7.1        By Component Type

7.3.4.7.2        By Application Type

7.2.4.7.3        By End-use Industry

7.3.4.7     Rest of Europe Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.3.4.7.1        By Component Type

7.3.4.7.2        By Application Type

7.2.4.7.3        By End-use Industry

7.4   Asia Pacific Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.1        By Component Type

7.4.2        By Application Type

7.4.3        By End-use Industry

7.4.4        By Country

7.4.4.1     China Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.1.1        By Component Type

7.4.4.1.2        By Application Type

7.4.4.1.3        By End-use Industry

7.4.4.2     Japan Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.2.1        By Component Type

7.4.4.2.2        By Application Type

7.4.4.2.3        By End-use Industry

7.4.4.3     India Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.3.1        By Component Type

7.4.4.3.2        By Application Type

7.4.4.3.3        By End-use Industry

7.4.4.4     South Korea Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.4.1        By Component Type

7.4.4.4.2        By Application Type

7.4.4.4.3        By End-use Industry

7.4.4.5     Singapore Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.5.1        By Component Type

7.4.4.5.2        By Application Type

7.4.4.5.3        By End-use Industry

7.4.4.6     Malaysia Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.7.1        By Component Type

7.4.4.7.2        By Application Type

7.4.4.7.3        By End-use Industry

7.4.4.7     Thailand Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.7.1        By Component Type

7.4.4.7.2        By Application Type

7.4.4.7.3        By End-use Industry

7.4.4.8     Indonesia Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.8.1        By Component Type

7.4.4.8.2        By Application Type

7.4.4.8.3        By End-use Industry

7.4.4.9     Vietnam Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.9.1        By Component Type

7.4.4.9.2        By Application Type

7.4.4.9.3        By End-use Industry

7.4.4.10  Taiwan Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.10.1 By Component Type

7.4.4.10.2 By Application Type

7.4.4.10.3 By End-use Industry

7.4.4.11  Rest of Asia Pacific Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.4.4.11.1 By Component Type

7.4.4.11.2 By Application Type

7.4.4.11.3 By End-use Industry

7.5   Middle East and Africa Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.5.1        By Component Type

7.5.2        By Application Type

7.5.3        By End-use Industry

7.5.4        By Country

7.5.4.1     Saudi Arabia Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.5.4.1.1        By Component Type

7.5.4.1.2        By Application Type

7.5.4.1.3        By End-use Industry

7.5.4.2     U.A.E. Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.5.4.2.1        By Component Type

7.5.4.2.2        By Application Type

7.5.4.2.3        By End-use Industry

7.5.4.3     Israel Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.5.4.3.1        By Component Type

7.5.4.3.2        By Application Type

7.5.4.3.3        By End-use Industry

7.5.4.4     South Africa Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.5.4.4.1        By Component Type

7.5.4.4.2        By Application Type

7.5.4.4.3        By End-use Industry

7.5.4.5     Rest of Middle East and Africa Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.5.4.5.1        By Component Type

7.5.4.5.2        By Application Type

7.5.4.5.2        By End-use Industry

7.6   Central and South America Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.7.1        By Component Type

7.7.2        By Application Type

7.7.3        By End-use Industry

7.7.4        By Country

7.7.4.1     Brazil Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.7.4.1.1        By Component Type

7.7.4.1.2        By Application Type

7.7.4.1.3        By End-use Industry

7.7.4.2     Argentina Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.7.4.2.1        By Component Type

7.7.4.2.2        By Application Type

7.7.4.2.3        By End-use Industry

7.7.4.3     Chile Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.7.4.3.1        By Component Type

7.7.4.3.2        By Application Type

7.7.4.3.3        By End-use Industry

7.7.4.4     Rest of Central and South America Blockchain IoT Market Estimates and Forecast, 2021-2029 (USD Billion)

7.7.4.4.1        By Component Type

7.7.4.4.2        By Application Type

7.7.4.4.3        By End-use Industry

8          COMPETITIVE LANDCAPE

8.1   Company Market Share Analysis

8.2   Four Quadrant Positioning Matrix

8.2.1        Market Leaders

8.2.2        Market Visionaries

8.2.3        Market Challengers

8.2.4        Niche Market Players

8.3   Vendor Landscape

8.3.1        North America

8.3.2        Europe

8.3.3        Asia Pacific

8.3.4        Rest of the World

8.4   Company Profiles  

8.4.1        Intel Corp.

8.4.1.1 Business Description & Financial Analysis

8.4.1.2 SWOT Analysis

8.4.1.3 Products & Services Offered

8.4.1.4 Strategic Alliances between Business Partners

8.4.2        IBM Corp.

8.4.2.1 Business Description & Financial Analysis

8.4.2.2 SWOT Analysis

8.4.2.3 Products & Services Offered

8.4.2.4 Strategic Alliances between Business Partners

8.4.3        Microsoft Corp.

8.4.3.1 Business Description & Financial Analysis

8.4.3.2 SWOT Analysis

8.4.3.3 Products & Services Offered

8.4.3.4 Strategic Alliances between Business Partners

8.4.4        Cisco Systems Inc.

8.4.4.1 Business Description & Financial Analysis

8.4.4.2 SWOT Analysis

8.4.4.3 Products & Services Offered

8.4.4.4 Strategic Alliances between Business Partners

8.4.5        The Linux Foundation

8.4.5.1 Business Description & Financial Analysis

8.4.5.2 SWOT Analysis

8.4.5.3 Products & Services Offered

8.4.5.4 Strategic Alliances between Business Partners

8.4.6        Amazon.com Inc.

8.4.7.1 Business Description & Financial Analysis

8.4.7.2 SWOT Analysis

8.4.7.3 Products & Services Offered

8.4.7.4 Strategic Alliances between Business Partners

8.4.7        KrypC Technologies

8.4.7.1 Business Description & Financial Analysis

8.4.7.2 SWOT Analysis

8.4.7.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.8        IoTex

8.4.8.1 Business Description & Financial Analysis

8.4.8.2 SWOT Analysis

8.4.8.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.9        ArcTouch LLC

8.4.9.1 Business Description & Financial Analysis

8.4.9.2 SWOT Analysis

8.4.9.3 Products & Services Offered

8.4.9.4 Strategic Alliances between Business Partners

8.4.10      R3 LLC

8.4.10.1 Business Description & Financial Analysis

8.4.10.2 SWOT Analysis

8.4.10.3 Products & Services Offered

8.4.10.4 Strategic Alliances between Business Partners

8.4.11      Other Companies

8.4.11.1 Business Description & Financial Analysis

8.4.11.2 SWOT Analysis

8.4.11.3 Products & Services Offered

8.4.11.4 Strategic Alliances between Business Partners

9          RESEARCH OFFERINGOLOGY

9.1   Market Introduction

9.1.1        Market Definition

9.1.2           Market Scope & Segmentation

9.2   Information Procurement

9.2.1        Secondary Research

9.2.1.1 Purchased Databases

9.2.1.2 GMEs Internal Data Repository

9.2.1.3 Secondary Resources & Third Party Perspectives

9.2.1.4 Company Information Sources

9.2.2        Primary Research

9.2.2.1 Various Types of Respondents for Primary Interviews

9.2.2.2 Number of Interviews Conducted throughout the Research Process

9.2.2.3 Primary Stakeholders

9.2.2.4 Discussion Guide for Primary Participants

9.2.3        Expert Panels

9.2.3.1 Expert Panels Across 30+ Industry

9.2.4        Paid Local Experts

9.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

9.3   Market Estimation

9.3.1        Top-Down Approach

9.3.1.1 Macro-Economic Indicators Considered

9.3.1.2 Micro-Economic Indicators Considered

9.3.2        Bottom Up Approach

9.3.2.1 Company Share Analysis Approach

9.3.2.2 Estimation of Potential Product Sales

9.4   Data Triangulation

9.4.1        Data Collection

9.4.2           Time Series, Cross Sectional & Panel Data Analysis

9.4.3        Cluster Analysis

9.5   Analysis and Output

9.5.1           Inhouse AI Based Real Time Analytics Tool

9.5.2           Output From Desk & Primary Research

9.6   Research Assumptions & Limitations

9.7.1        Research Assumptions

9.7.2        Research Limitations

LIST OF TABLES

1 Global Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

2 Hardware Market, By Region, 2021-2029 (USD Billion)

3 Software Market, By Region, 2021-2029 (USD Billion)         

4 Services Market, By Region, 2021-2029 (USD Billion)           

5 Global Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

6 Data Security Market, By Region, 2021-2029 (USD Billion)

7 Smart Contracts Market, By Region, 2021-2029 (USD Billion)

8 Asset Tracking & Management Market, By Region, 2021-2029 (USD Billion)

9 Others Market, By Region, 2021-2029 (USD Billion)

10 Global Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

11 Transportation & Logistics Market, By Region, 2021-2029 (USD Billion)

12 Consumer Electronics Market, By Region, 2021-2029 (USD Billion)

13 Manufacturing Market, By Region, 2021-2029 (USD Billion)

14 Healthcare Market, By Region, 2021-2029 (USD Billion)

15 Retail Market, By Region, 2021-2029 (USD Billion)

16 Smart City Market, By Region, 2021-2029 (USD Billion)

17 Others Market, By Region, 2021-2029 (USD Billion)

18 Regional Analysis, 2021-2029 (USD Billion)

19 North America Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

20 North America Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

21 North America Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

22 North America Blockchain IoT Market, By Country, 2021-2029 (USD Billion)

23 U.S. Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

24 U.S. Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

25 U.S. Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

26 Canada Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

27 Canada Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

28 Canada Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

29 Mexico Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

30 Mexico Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

31 Mexico Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

32 Europe Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

33 Europe Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

34 Europe Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

35 EUROPE Blockchain IoT Market, By Country, 2021-2029 (USD Billion)

36 Germany Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

37 Germany Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

38 Germany Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

39 U.K. Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

40 U.K. Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

41 U.K. Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

42 France Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

43 France Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

44 France Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

45 Italy Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

46 Italy Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

47 Italy Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

48 Spain Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

49 Spain Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

50 Spain Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

51 Netherland Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

52 Netherland Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

53 Netherland Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

54 Rest Of Europe Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

55 Rest Of Europe Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

56 Rest of Europe Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

57 Asia Pacific Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

58 Asia Pacific Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

59 Asia Pacific Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

60 Asia Pacific Blockchain IoT Market, By Country, 2021-2029 (USD Billion)

61 China Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

62 China Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

63 China Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

64 India Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

65 India Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

66 India Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

67 Japan Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

68 Japan Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

69 Japan Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

70 South Korea Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

71 South Korea Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

72 South Korea Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

73 Australia Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

74 Australia Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

75 Australia Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

76 Thailand Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

77 Thailand Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

78 Thailand Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

79 Vietnam Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

80 Vietnam Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

81 Vietnam Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

82 indonesia Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

83 indonesia Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

84 indonesia Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

85 Malaysia Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

86 Malaysia Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

87 Malaysia Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

88 Philippines Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

89 Philippines Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

90 Philippines Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

91 Singapore Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

92 Singapore Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

93 Singapore Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

94 Rest of APAC Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

95 Rest of APAC Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

96 Rest of APAC Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

97 Middle East and Africa Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

98 Middle East and Africa Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

99 Middle East and Africa Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

100 Middle East and Africa Blockchain IoT Market, By Country, 2021-2029 (USD Billion)

101 Saudi Arabia Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

102 Saudi Arabia Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

103 Saudi Arabia Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

104 UAE Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

105 UAE Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

106 UAE Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

107 South Africa Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

108 South Africa Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

109 South Africa Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

110 Israel Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

111 Israel Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

112 Israel Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

113 Rest of Middle East and Africa Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

114 Rest of Middle East and Africa Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

115 Rest of Middle East and Africa Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

116 Central and South America Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

117 Central and South America Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

118 Central and South America Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

119 Central and South America Blockchain IoT Market, By Country, 2021-2029 (USD Billion)

120 Brazil Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

121 Brazil Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

122 Brazil Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

123 Argentina Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

124 Argentina Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

125 Argentina Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

126 Chile Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

127 Chile Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

128 Chile Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

129 Rest of Central and South America Blockchain IoT Market, By Component Type, 2021-2029 (USD Billion)

130 Rest of Central and South America Blockchain IoT Market, By Application Type, 2021-2029 (USD Billion)

131 Rest of Central and South America Blockchain IoT Market, By End-use Industry, 2021-2029 (USD Billion)

132 Intel Corp.: Products & Services Offering

133 IBM Corp.: Products & Services Offering   

134 Microsoft Corp.: Products & Services Offering   

135 Cisco Systems Inc.: Products & Services Offering

136 The Linux Foundation: Products & Services Offering          

137 AMAZON.COM INC.: Products & Services Offering   

138 KrypC Technologies: Products & Services Offering            

139 IoTex: Products & Services Offering              

140 ArcTouch LLC: Products & Services Offering           

141 R3 LLC: Products & Services Offering           

142 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Blockchain IoT Market Overview

2 Global Blockchain IoT Market Value From 2021-2029 (USD Billion)

3 Global Blockchain IoT Market Share, By Component Type (2023)

4 Global Blockchain IoT Market Share, By Application Type (2023)

5 Global Blockchain IoT Market Share, By End-use Industry (2023)

6 Global Blockchain IoT Market, By Region (Asia Pacific Market)

7 Technological Trends In Global Blockchain IoT Market

8 Four Quadrant Competitor Positioning Matrix

9 Impact Of Macro & Micro Indicators On The Market

10 Impact Of Key Drivers On The Global Blockchain IoT Market

11 Impact Of Challenges On The Global Blockchain IoT Market

12 Porter’s Five Forces Analysis

13 Global Blockchain IoT Market: By Component Type Scope Key Takeaways

14 Global Blockchain IoT Market, By Component Type Segment: Revenue Growth Analysis

15 Hardware Market, By Region, 2021-2029 (USD Billion)

16 Software Market, By Region, 2021-2029 (USD Billion)

17 Services Market, By Region, 2021-2029 (USD Billion)

18 Global Blockchain IoT Market: By Application Type Scope Key Takeaways

19 Global Blockchain IoT Market, By Application Type Segment: Revenue Growth Analysis

20 Data Security Market, By Region, 2021-2029 (USD Billion)

21 Smart Contracts Market, By Region, 2021-2029 (USD Billion)

22 Asset Tracking & Management Market, By Region, 2021-2029 (USD Billion)

23 Others Market, By Region, 2021-2029 (USD Billion)

24 Others Market, By Region, 2021-2029 (USD Billion)

25 Global Blockchain IoT Market: By End-use Industry Scope Key Takeaways

26 Global Blockchain IoT Market, By End-use Industry Segment: Revenue Growth Analysis

27 Transportation & Logistics Market, By Region, 2021-2029 (USD Billion)

28 Consumer Electronics Market, By Region, 2021-2029 (USD Billion)

29 Manufacturing Market, By Region, 2021-2029 (USD Billion)

30 Healthcare Market, By Region, 2021-2029 (USD Billion)

31 Retail Market, By Region, 2021-2029 (USD Billion)

32 Smart City Market, By Region, 2021-2029 (USD Billion)

33 Others Market, By Region, 2021-2029 (USD Billion)

34 Regional Segment: Revenue Growth Analysis

35 Global Blockchain IoT Market: Regional Analysis

36 North America Blockchain IoT Market Overview

37 North America Blockchain IoT Market, By Component Type

38 North America Blockchain IoT Market, By Application Type

39 North America Blockchain IoT Market, By End-use Industry

40 North America Blockchain IoT Market, By Country

41 U.S. Blockchain IoT Market, By Component Type

42 U.S. Blockchain IoT Market, By Application Type

43 U.S. Blockchain IoT Market, By End-use Industry

44 Canada Blockchain IoT Market, By Component Type

45 Canada Blockchain IoT Market, By Application Type

46 Canada Blockchain IoT Market, By End-use Industry

47 Mexico Blockchain IoT Market, By Component Type

48 Mexico Blockchain IoT Market, By Application Type

49 Mexico Blockchain IoT Market, By End-use Industry

50 Four Quadrant Positioning Matrix

51 Company Market Share Analysis

52 Intel Corp.: Company Snapshot

53 Intel Corp.: SWOT Analysis

54 Intel Corp.: Geographic Presence

55 IBM Corp.: Company Snapshot

56 IBM Corp.: SWOT Analysis

57 IBM Corp.: Geographic Presence

58 Microsoft Corp.: Company Snapshot

59 Microsoft Corp.: SWOT Analysis

60 Microsoft Corp.: Geographic Presence

61 Cisco Systems Inc.: Company Snapshot

62 Cisco Systems Inc.: Swot Analysis

63 Cisco Systems Inc.: Geographic Presence

64 The Linux Foundation: Company Snapshot

65 The Linux Foundation: SWOT Analysis

66 The Linux Foundation: Geographic Presence

67 Amazon.com Inc.: Company Snapshot

68 Amazon.com Inc.: SWOT Analysis

69 Amazon.com Inc.: Geographic Presence

70 KrypC Technologies: Company Snapshot

71 KrypC Technologies: SWOT Analysis

72 KrypC Technologies: Geographic Presence

73 IoTex: Company Snapshot

74 IoTex: SWOT Analysis

75 IoTex: Geographic Presence

76 ArcTouch LLC: Company Snapshot

77 ArcTouch LLC: SWOT Analysis

78 ArcTouch LLC: Geographic Presence

79 R3 LLC: Company Snapshot

80 R3 LLC: SWOT Analysis

81 R3 LLC: Geographic Presence

82 Other Companies: Company Snapshot

83 Other Companies: SWOT Analysis

84 Other Companies: Geographic Presence

The Global Blockchain IoT Market has been studied from the year 2019 till 2029. However, the CAGR provided in the report is from the year 2024 to 2029. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Blockchain IoT Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Blockchain IoT Market.

Blockchain IoT Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Blockchain IoT Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Blockchain IoT Market Share

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Frequently Asked Questions

The global blockchain IoT market is expected to grow at a CAGR of 57.9% from 2024 to 2029.
Intel Corp., IBM Corp., Microsoft Corp., Cisco Systems Inc., The Linux Foundation, Amazon.com Inc., KrypC Technologies, IoTex, ArcTouch LLC, and R3 LLC, among others, are some of the key players operating in the global market.
Top companies in the blockchain IoT market can invest in developing interoperable protocols for seamless device communication, enhancing security through decentralized identity solutions, and expanding into niche industries like healthcare and supply chain management for rapid growth.
The global blockchain IoT market is expanding due to its security, efficiency, and transparency. Its integration with IoT devices offers decentralized storage, appealing to sectors like healthcare. The markets growth is driven by technological advancements and government investments in blockchain applications.

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