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WebsCrypto—News—Market News—Blockchain Industry to Reach $176 Billion by 2025
Market News

Blockchain Industry to Reach $176 Billion by 2025

By Simon LawsonJanuary 9, 2023
Blockchain Industry to Reach $176 Billion by 2025
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According to recent forecasts, the blockchain industry is expected to reach a worth of $176 billion by 2025. This rapid growth is driven by increasing adoption of blockchain technology and cryptocurrencies, which are set to make India more financially inclusive and technologically advanced.

In the past few years, we have seen a significant increase in blockchain and crypto jobs in India. In fact, the number of such positions has increased by 138% since 2018. This trend is expected to continue as more and more companies recognize the benefits of integrating blockchain technology into their operations.

One of the key drivers of this growth is the increasing popularity of cryptocurrencies in India. In recent years, we have seen a surge in the number of millennials investing in cryptocurrencies, particularly in second- and third-tier cities. This trend is not limited to just one gender, as the number of women working in cryptocurrency trading has increased by more than 1,000%. Overall, 66% of cryptocurrency users in India are under the age of 35, indicating that the adoption of these digital assets is particularly strong among the country’s younger population.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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