Blockchain IoT Market Growing at a CAGR 45.1% | Key Player IBM, Microsoft, Intel, Amazon Web Service

June 28, 2023 ⚊ 1 Min read ⚊ Views 29 ⚊ NEWS

The global blockchain IoT market size is projected to grow from USD 258 million in 2020 to USD 2,409 million by 2026, at a Compound Annual Growth Rate (CAGR) of 45.1% during the forecast period. The growing need for IoT security, simplified processes supported with transparency and immutability, and high adoption of blockchain-based IoT solutions using smart contracts and AI is expected to surge demand for blockchain IoT market globally.

Read details: https://www.abnewswire.com/pressreleases/blockchain-iot-market-growing-at-a-cagr-451-key-player-ibm-microsoft-intel-amazon-web-services-huawei_598725.

Tags: Blockchain IoT Market

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