It seems to many that Enterprise Blockchain (non-Crypto) was a 2018 promise that was overhyped and quickly went away. “That’s not how Deep Analysis sees the market, and we’ve set out in our new Enterprise Blockchain Market Analysis pr to demonstrate there is traction and growth around Enterprise Blockchain.” We’ve found through our research that the adoption rate of Enterprise Blockchain varies widely from region to region, with the US at the slow end of the spectrum and China at the other. Blockchain and decentralized infrastructures are at the heart of W3 initiatives (to be clear, we are not talking about Metaverses and legless avatars here), and rebuilding our global technical infrastructure is a slow and challenging undertaking, but that doesn’t mean it’s not happening. Not only is it happening, good progress is being made, it’s just not garnering the headlines, which is why we felt it was necessary and timely to analyze the market.
In short, this research shows that Enterprise Blockchain, despite a checkered start, is here for the long run. It is also a significant market, currently around $10B, and Deep Analysis estimates it will grow to just over $23B by 2027.
Our Enterprise Blockchain Market Analysis 2023-2027 report is one of the few independently researched market analyses of the Enterprise Blockchain market. It is now available for our annual clients to download, and if you are not a client, you can purchase a copy here.
Finally, as with all our research, we welcome feedback, discussion, and engagement, so feel free to reach out; our door is always open!