Unveiling the explosive growth potential of the global blockchain in the telecom market

Unveiling the explosive growth potential of the global blockchain in the telecom market



Published June 1, 2023

According to the study initiated by Evolve Business Intelligence, the global Blockchain in Telecom market size was USD 500.1 million in 2022, growing at a CAGR of 60.1% from 2023 to 2033. The Blockchain in Telecom market refers to the use and application of blockchain technology within the telecommunications industry. Blockchain, which is a decentralized and distributed ledger technology, offers several potential benefits to the telecom sector, including improved security, transparency and efficiency in various aspects of telecommunications operations. Blockchain can be used to create a secure and tamper-proof identity management system. It can help verify the identity of subscribers, prevent identity theft, and facilitate seamless and secure authentication processes.

Unveiling the explosive growth potential of the global blockchain in the telecom market

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Key highlights:

  • The size of the global blockchain in telecom market was valued at USD 1 million in 2022, growing at a CAGR of 60.1% from 2023 to 2033.
  • North America dominated the market in 2022
  • Asia Pacific is expected to grow the fastest with the highest CAGR from 2023 to 2033

Evolve Business Intelligence has published a new market research report on Global Blockchain in Telecom market focusing on various aspects including market size and forecast, market dynamics, competitor market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players latest development, and opportunities, among others. The market has also been analyzed based on 4 indicators in market dynamics chapter which includes drivers, restraints, key trends and challenges. The combined sum of these sections will help to understand the best strategies to be adopted to prosper through this industry in the short and long term. The quantitative analysis includes our authentic findings from this research study where we provided further insight into what our readers can do to embrace new opportunities or plan against threats that could hinder the market.

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In terms of COVID 19 impact, the Blockchain in Telecom market report also includes the following data points:

  • COVID19 Impact on Blockchain in Telecom Market Size
  • End user/industry/application trend and preferences
  • Government policy/regulations
  • Key player strategy to deal with adverse impact/post-COVID strategies
  • Opportunity in Blockchain in the Telecom market

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Key players

Some of the major Blockchain players in telecom that hold high market shares include Auxesis Group, Blockchain Foundry Inc., BlockCypher Inc. and Huawei Technologies Co., Ltd. These players use partnership and collaboration as a key strategy to gain significant market share to compete. with market leaders.

The most important actors profiled in the report are:

  • Auxesis group
  • Blockchain Foundry Inc.
  • BlockCypher Inc.
  • Huawei Technologies Co., Ltd.
  • Microsoft Corporation
  • Oracle Corporation
  • Records Keeper
  • SAP SE
  • SpinSy
  • TBCASoft Inc

Segment analysis

Market segment by vendor focusing on market share, consumption trend and growth rate for Blockchain in Telecom Market:

  • Application providers
  • Middleware providers
  • Infrastructure providers

Market segment by application focusing on market share, consumption trend and growth rate of Blockchain in Telecom Market:

  • OSS/BSS processes
  • Identity management
  • Payments
  • Smart contracts
  • Arrangement for connection
  • Others

Market segment by organization size with focus on market share, consumption trend and growth rate for the blockchain in the telecom market:

  • Small and medium-sized enterprises (SMBs)
  • Large companies
Parameters Details
Market Size (2022) 500.1 million dollars
CAGR (2023 to 2033) 60.1%
Market segmentation Vendor, application, organization size
Land covered USA, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordics, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East and Africa, and South America
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For more information:

Global blockchain in telecom geographic coverage:

  • North America
  • Europe
    • Great Britain
    • Germany
    • France
    • Italy
    • Spain
    • Nordic countries
    • Benelux
    • The rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • The rest of the MEA
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • The rest of Latin America

Reasons to buy this report:

  • Detailed analysis of the impact of market drivers, restraints and opportunities
  • Competitive Intelligence provides an understanding of the ecosystem
  • Detailed analysis of the total addressable market (TAM) for your products
  • Investment pockets and new business opportunities
  • Demand-supply gap analysis
  • Strategy planning

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence and consulting firm that offers innovative solutions to challenging business pain points. Our market research reports include data useful for micro, small, medium and large businesses. We offer solutions that range from pure data collection to business consulting.

Evolve Business Intelligence is built on technology developments that provide highly accurate data through our in-house AI-modeled data analysis and forecasting tool – EvolveBI. This tool tracks real-time data, including quarterly results, annual performance and recent developments from Fortune Global 2000 companies.

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This press release is written with the intention of providing accurate market information that will enable our readers to make informed strategic investment decisions. If you discover any problems with this content, please feel free to contact us at [email protected]


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