The global Blockchain IoT market size is projected to grow from $258 million in 2020 to $2,409 million in 2026, at a CAGR of 45.1% during the forecast period. Rising demand for IoT security, simplified processes supporting transparency and immutability, and high adoption of blockchain-based IoT solutions using smart contracts and AI are expected to surge the demand for blockchain IoT market worldwide.
A full report of Blockchain IoT Market available at https://www.orionmarketreports.com/blockchain-iot-market/6957/
Blockchain IoT Market: Segmentation
By Offering
• Hardware
• Software
• Infrastructure
By Application
• Data Security
• Smart Contracts
• Data Communication
• Asset Tracking and Management
• Other Applications
By End User
• Manufacturing
• Energy Utility
• Transportation and Logistics
• Building Management
• Retail
• Smart City
Major Players
• IBM Corporation
• Microsoft Corporation
• Intel Corporation
• Cisco Systems Inc.
• Amazon Inc
Key Areas Covered
• Applications
• Platforms
• Cybersecurity
• Key players in the industry
• Drivers and restraints
• Trends and developments in the blockchain IoT industry
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)