Blockchain in Telecom Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Blockchain in Telecommunication Market Trends & Growth. The market is segmented by Application (Identity Management, Payment and Billing, Smart Contract, Connectivity Provisioning) and Geography (North America, Europe, Asia-Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Blockchain in Telecom Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Blockchain in Telecom Industry Overview

The market is concentrated, with few significant vendors offering blockchain solutions across the telecommunication industry. The vendors are also receiving investors' funds, further helping in innovative blockchain services.

  • November 2022 - Information technology (IT) services firm Tech Mahindra and telecom analytics solutions provider Subex have joined hands to roll out blockchain-based solutions for telecom operators globally. These solutions would mitigate fraud and drive operational efficiencies for communication service providers (CSP) by minimizing overall compliance issues.
  • February 2022 - Bharti Airtel, India's premier communications solutions provider, declared that it had acquired a strategic stake in Aqilliz, a Blockchain as a Service Company under the Airtel Startup Accelerator Program, subject to applicable statutory approvals. Airtel aims to deploy Aqilliz's advanced blockchain technologies at a larger scale across its fast-growing Adtech, Digital Entertainment, and various Digital Marketplace offerings.

Blockchain in Telecom Market Leaders

  1. Blockchain Foundry Inc.

  2. Huawei Technologies Co., Ltd

  3. Microsoft Corporation

  4. Oracle Corporation

  5. SAP SE

  6. *Disclaimer: Major Players sorted in no particular order
Blockchain Market - Growth Rate by Region