Blockchain Technology Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR43773

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 Blockchain Technology Market - 2021-2025

The blockchain technology (BT) market size is expected to reach a value of USD 6.25 billion, at a CAGR of 32.39%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as the increase in FinTech spending are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Blockchain Technology Market Size

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Blockchain Technology Market Segments

Navigate through market segmentation by end-user (BFSI, government, healthcare, and others) and geography (North America, Europe, APAC, South America, and MEA) in this blockchain technology market report to pursue growth opportunities.

Get actionable insights on the blockchain technology market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic blockchain technology market predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Blockchain Technology Market Vendors and Competitive Analysis

The BT market is fragmented and the vendors are deploying various organic and inorganic growth strategies to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full blockchain technology market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Blockchain Technology Market Vendors

Blockchain Technology Market - Region Opportunities 2021-2025

43% of the blockchain technology market growth will originate from North America during the forecast period. The US and Canada are the key markets for blockchain technology in North America. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Blockchain Technology Market Share by Geography

North America has been exhibiting a significant growth rate for blockchain technology market vendors. Factors such as the increasing adoption of blockchain solutions by governments and the increasing demand for pharmaceutical supply are accelerating the BT market growth in North America. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

However, the blockchain technology market share growth in North America will be slower than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Blockchain Technology Market Insights by End-user

Blockchain Technology Market Share by End-user

To gain further insights on the market contribution of various segments Request for a FREE Sample!

The blockchain technology market share growth by the BFSI segment will be significant during the forecast period. In the BFSI sector, blockchain is being effectively used to reduce fraud, execute smart contracts, process payments, and in know-your-customer (KYC) due diligence. Most of the enterprises in this industry are trying to implement BT in the post-trade settlement, payments, reference data, and trade finance. This report provides an accurate prediction of the contribution of all the segments to the growth of the BT market size.

From the blockchain technology market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID19 impact on each segment.

Blockchain Technology Market Drivers & Trends

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding blockchain technology market growth is network privacy and security concerns. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

The increase in FinTech spending will fuel the growth of the blockchain technology market size. FinTech spending is directly correlated with BT spending as the FinTech companies are developing advanced payment solutions for financial firms. In the financial services sector, trading cryptocurrency will require BT to manage the distributed and decentralized ledgers. Accordingly, financial services firms have to build their ICT infrastructure to manage the high-volume transactions of cryptocurrencies such as bitcoin. FinTech companies are spending on advanced technologies such as blockchain to improve their financial transaction process. In addition to the FinTech investment, BT is also attracting investments from venture capitalists. Countries such as the UK, the US, Israel, and Germany are providing venture capital funds to blockchain start-up firms.

This blockchain technology market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.


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Blockchain Technology Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive blockchain technology market growth during the next five years
  • Precise estimation of the blockchain technology market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the blockchain technology market across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of blockchain technology market vendors

Buy the Blockchain Technology Market report now to reimage your business strategies!


Blockchain Technology Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 32.39%

Market growth 2021-2025

USD 6.25 billion

Market structure


YoY growth (%)


Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 43%

Key consumer countries

US, China, UK, Canada, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accenture Plc, Inc., Huawei Investment & Holding Co. Ltd., Infosys Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, and Tata Consultancy Services Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The blockchain technology market growth will increase by $8071.49 million during 2019-2024.
The blockchain technology market is expected to grow at a CAGR of 29.10% during 2019-2024.
Technavio has segmented the blockchain technology market by end user (BFSI, Government, Healthcare, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
Accenture Plc, Inc., Huawei Investment & Holding Co. Ltd., Infosys Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd. are a few of the key vendors in the blockchain technology market.
North America will register the highest growth rate of 46.38% among the other regions. Therefore, the blockchain technology market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the blockchain technology market growth are:
  • Increase in FinTech spending
The blockchain technology market vendors should focus on grabbing business opportunities from the bfsi segment as it accounted for the largest market share in the base year.
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