Global Blockchain in Telecom Market is Set to Reach USD 1,835.6 million by 2024

The global blockchain in telecom market is expected to grow at a CAGR of 82.4% during the forecast period with its market size predicted to reach USD 1,835.6 million by 2024.

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Globally, blockchain in telecom industry players are leveraging market growth through the formulation of several policies and reforms by a government organization in various developed as well as developing economies along with entering into several partnership agreements.

Based on organization size, the blockchain in telecom market is segmented into small and medium-sized enterprises, and large enterprises.

North America has accounted for the largest share in blockchain in telecom market, globally and is predicted to grow significantly during the forecast period.

Some of the key players operating in the global blockchain in telecom market are IBM Corporation, Amazon Web Services, Inc., Microsoft Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, Infosys Limited, Accenture plc, Intel Corporation, BigchainDB Gmbh, Ethereum Foundation, Earthport PLC, Factom, BTL Group Ltd., Humaniq, Tierion, BlockCypher Inc., AlphaPoint, and Bitfury Group Limited.

Source: VynZ Research