Blockchain Market Size, Share, Trends, Analysis Report By Application (supply Chain Management,January 17, 2023 ⚊ 1 Min read ⚊ Views 56 ⚊ BUSINESS
The blockchain market size was valued at US$6.10 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 62.4% during 2022-2030. Blockchain as a Service (BaaS) will drive enterprise adoption. BaaS holds the key to driving mainstream adoption of this technology. It allows companies to experiment with the said technology applications without worrying about developing expensive in-house resources. Integrating DLT into core technologies facilitates ease of use, making it a more attractive option for digital transformation efforts.