@dido-crypton

What Is the Blockchain Market Size? According to MarketsandMarkets the global blockchain market was around $7.4 billion in 2022 and is set to generate revenue over $94 billion by the end of 2027 with a compound annual growth rate (CAGR) of 66.2%. North America is currently the dominant region in the global blockchain market. Statista forecasts that worldwide spending on blockchain solutions will reach almost $19 billion by 2024, while Gartner estimates that the technology will generate a business value of approximately $3.1 trillion by 2030 with blockchain-based systems potentially governing 10% to 20% of the global economic infrastructure. PwC claims that 61% of companies are now placing digital transformation initiatives at the top of their list of growth priorities and blockchain helps to address rising demand for better security and transparency in business.

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