Security News > 2022 > February > Blockchain technology market to reach $1,431.54 billion by 2030

The global blockchain technology market size is expected to reach $1,431.

The growing use of contactless blockchain digital ticketing at various events is expected to drive the market.

The rapid adoption of blockchain technology by large enterprises to enable digital services across different business channels accentuated the segment growth in 2021.

The increasing adoption of the technology in emerging economies, such as China and India, is expected to create growth opportunities for the market players in the Asia Pacific region over the forecast period.

Use of cryptocurrency to drive blockchain technology market growth.

The growing demand for blockchain across the government sector due to benefits, such as protection of sensitive data, reduced cost, and improved efficiency is driving the market growth.

News URL

https://www.helpnetsecurity.com/2022/02/22/blockchain-technology-market-2030/