According to a new market research report, the blockchain market by platform and service, provider, type, organization size, application area and region, the blockchain market size is expected to grow from USD 4.9 billion in 2021 to 2026 $67.4 billion in 2019, with a CAGR forecast of 68.4%.
Key drivers contributing to the high growth rate of the blockchain market include increased venture capital funding and investments in blockchain technology, widespread use of blockchain solutions in banking and cybersecurity, blockchain solutions in payments, smart Widespread adoption of contracts and digital identities, and increasing government initiatives.
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