How big is the Blockchain-as-a-Service Market?

The Blockchain-as-a-Service Market size is expected to reach USD 1.50 billion in 2024 and grow at a CAGR of 17.5% to reach USD 3.37 billion by 2029. Read More

What is the current Blockchain-as-a-Service Market size?

In 2024, the Blockchain-as-a-Service Market size is expected to reach USD 1.50 billion. Read More

Who are the key players in Blockchain-as-a-Service Market?

Microsoft Corporation, Hewlett-Packard Enterprise, IBM Corporation, SAP SE and Stratis are the major companies operating in the Blockchain-as-a-Service Market. Read More

Which is the fastest growing region in Blockchain-as-a-Service Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Blockchain-as-a-Service Market?

In 2024, the North America accounts for the largest market share in Blockchain-as-a-Service Market. Read More

What years does this Blockchain-as-a-Service Market cover, and what was the market size in 2023?

In 2023, the Blockchain-as-a-Service Market size was estimated at USD 1.28 billion. The report covers the Blockchain-as-a-Service Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Blockchain-as-a-Service Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Blockchain as a Service Market - Size, Share & Analysis

Blockchain as a Service Industry Overview

The potential of blockchain-as-a-service has been recognized by few of the world’s largest software companies. The three big cloud providers, Amazon, Microsoft, and IBM, have developed blockchain-as-a-service platforms that are already available for their cloud customers. Blockchain startups are also hiring freelancers for a better talent pool.

March 2019 -Tata Consultancy Services (TCS) collaborated with Microsoft and R3 technology (R3), to adopt a scalable cross-industry blockchain platform. Some of the anchor solutions that are being built on these platforms include skills marketplace, anti-counterfeiting of luxury goods, affordable mobility, and shared telecom infrastructure for 5G, and loyalty and rewards programs.
February 2019 -IBM made the IBM Food Trust solution "generally available", and the latest company to experiment with this solution isAlbertsons Companies, the world’s second-largest supermarket company, by sales.