The global blockchain in agriculture and food market was valued at $139.6 million in 2020, which is expected to grow with a CAGR of 51.0% and reach $1,488.0 million by 2026.
The Blockchain in Energy Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 54.09% during the forecast period from 2019 to 2024.
The global blockchain in genomic market analysis by BIS Research projects the market to grow at a significant CAGR of 66.42% during the forecast period, 2019-2029.
The blockchain in automotive and aerospace & aviation market is projected to grow at a CAGR of 60.35% during the forecast period 2019-2029.
The global blockchain in agriculture and food market is expected to grow from $41.9 million in the year 2018 to $1,442.9 million by 2028, at a CAGR 42.45% from 2018 to 2028.
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The blockchain in healthcare market is estimated to amount to $176.8 million in 2018 and is expected to grow at a CAGR of 63.85% from 2018 to 2025.
Blockchain as a technology is being gradually adopted across various facets of the financial services industry. Cost benefits, elimination of intermediaries and cost, transparency, removal of risk of unscrupulous activity, government initiatives, establishment of consortiums, and entry of leading financial institutions are some of the factors that have been driving the adoption of blockchain acros
Venture capitalists are estimated to have invested over a $1 billion in 2016 to explore the new avenues that blockchain technology presents. This is a two fold increase from 2014 when the investment stood close to half a billion dollars.
The global automotive blockchain market revenue is expected to reach $1,575.0 million by 2026, growing at a robust CAGR of 65.80% in the period 2018-2026.
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Blockchain
There's no doubt that blockchain holds the potential to disrupt the fundamental operations of businesses and economies around the globe. As a leading market intelligence provider, we help organizations, governments, and investors, understand the broad range of revolutionary applications of blockchain technology to enable new business models and solve some of the world's most pressing challenges.
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