Ultimate list of Blockchain Statistics for 2023
There are a variety of statistics related to blockchain technology that can be useful to understand the current state and potential future of the technology.
- Blockchain technology was first introduced in the late 1990s, but it gained widespread attention in 2009 with the launch of Bitcoin, the first decentralized cryptocurrency. (Reference: Blockchain 101: What is Blockchain?)
- Blockchain technology allows for secure, transparent, and decentralized record-keeping of transactions. (Reference: What is Blockchain Technology?)
- Blockchain networks are decentralized, meaning they operate on a peer-to-peer basis without the need for a central authority. (Reference: What is Blockchain Technology?)
- Blockchain technology uses cryptographic techniques to ensure the security and integrity of the data stored on the network. (Reference: How Does Blockchain Technology Work?)
- Each block in a blockchain network contains a list of transactions, and once a block is added to the chain, it cannot be altered or deleted. (Reference: How Does Blockchain Technology Work?)
- Blockchain technology has the potential to revolutionize a wide range of industries, including finance, supply chain management, and voting systems. (Reference: 10 Industries That Are Being Disrupted by Blockchain)
- There are several different types of blockchain networks, including public, private, and consortium. (Reference: Blockchain 101: What is Blockchain?)
- The total market capitalization of cryptocurrencies reached over $1 trillion in 2021. (Reference: Cryptocurrency Market Capitalizations)
- Bitcoin, the first and most widely used cryptocurrency, has a market capitalization of over $1 trillion. (Reference: Cryptocurrency Market Capitalizations)
- Ethereum, the second-largest cryptocurrency by market capitalization, is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. (Reference: What is Ethereum?)
- The number of blockchain wallets has grown significantly in recent years, with over 44 million active blockchain wallets in 2021. (Reference: Blockchain Wallet Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026)
- Many major companies, including IBM, Microsoft, and Samsung, are investing in research and development of blockchain technology. (Reference: 10 Companies Working on Blockchain Technology)
- The financial sector is one of the industries most impacted by blockchain technology, with many banks and financial institutions exploring the use of blockchain for a variety of applications, including payments, asset tracking, and clearing and settlement. (Reference: Blockchain in Financial Services)
- The global blockchain market is expected to reach $39.7 billion by 2025, with a compound annual growth rate of 67.3% from 2020 to 2025. (Reference: Global Blockchain Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Financial Services, Supply Chain Management, Identity Management, Healthcare, Media & Entertainment, Government), And Segment Forecasts, 2020 – 2025)
- The Asia-Pacific region is expected to dominate the global blockchain market, with China, Japan, and South Korea leading the way in terms of adoption and innovation. (Reference: Global Blockchain Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Financial Services, Supply Chain Management, Identity Management, Healthcare, Media & Entertainment, Government), And Segment Forecasts, 2020 – 2025)
- The healthcare industry is also exploring the use of blockchain technology for secure and efficient record-keeping and data management. (Reference: How Blockchain is Revolutionizing Healthcare)
- The use of blockchain technology in the supply chain industry has the potential to increase transparency and reduce the risk of fraud and errors. (Reference: How Blockchain is Revolutionizing Supply Chain Management)
- The government sector is also exploring the use of blockchain technology for applications such as voting systems and land registry. (Reference: How Blockchain is Being Used in the Public Sector)
- The energy sector is using blockchain technology to track and optimize the production and distribution of renewable energy. (Reference: How Blockchain is Changing the Energy Industry)
- The gaming industry is using blockchain technology to create non-fungible tokens (NFTs) that can be used to represent unique digital assets. (Reference: How Blockchain is Changing the Gaming Industry)
- The media and entertainment industry is using blockchain technology to create and distribute content, as well as track and protect intellectual property rights. (Reference: How Blockchain is Disrupting the Media and Entertainment Industry)
- The real estate industry is using blockchain technology to streamline property transactions and increase transparency. (Reference: How Blockchain is Changing the Real Estate Industry)
- The automotive industry is using blockchain technology to track the movement and maintenance of vehicles. (Reference: How Blockchain is Changing the Automotive Industry)
- The retail industry is using blockchain technology to improve supply chain efficiency and track the provenance of products. (Reference: How Blockchain is Changing the Retail Industry)
- The education sector is using blockchain technology to verify and authenticate academic qualifications and transcripts. (Reference: How Blockchain is Changing Education)
- The legal industry is using blockchain technology to streamline legal processes and increase transparency. (Reference: How Blockchain is Changing the Legal Industry)
- The insurance industry is using blockchain technology to automate claims processing and improve risk assessment. (Reference: How Blockchain is Changing the Insurance Industry)
- The travel industry is using blockchain technology to track and verify travel documents and itineraries. (Reference: How Blockchain is Changing the Travel Industry)
- The agriculture industry is using blockchain technology to track the movement of produce and ensure food safety. (Reference: How Blockchain is Changing Agriculture)
- The telecommunications industry is using blockchain technology to improve network security and reduce fraud. (Reference: How Blockchain is Changing Telecommunications)
- The construction industry is using blockchain technology to improve project management and increase transparency. (Reference: How Blockchain is Changing Construction)
- The art industry is using blockchain technology to track ownership and authenticity of artworks. (Reference: How Blockchain is Changing the Art Industry)
- The manufacturing industry is using blockchain technology to improve supply chain efficiency and track the movement of goods. (Reference: How Blockchain is Changing Manufacturing)
- The sports industry is using blockchain technology to track and verify player contracts and transfer fees. (Reference: How Blockchain is Changing Sports)
- The advertising industry is using blockchain technology to improve ad targeting and reduce fraud. (Reference: How Blockchain is Changing Advertising)
- The environmental sector is using blockchain technology to track and verify carbon credits. (Reference: How Blockchain is Changing the Environment)
- The rental industry is using blockchain technology to streamline rental agreements and increase transparency. (Reference: How Blockchain is Changing the Rental Industry)
- The charity sector is using blockchain technology to increase transparency and track donations. (Reference: How Blockchain is Changing Charitable Giving)
- The music industry is using blockchain technology to track and protect intellectual property rights and streamline royalty payments. (Reference: How Blockchain is Changing Charitable Giving)
- The global market for blockchain technology is expected to grow from $3.0 billion in 2020 to $39.7 billion by 2025, at a compound annual growth rate (CAGR) of 67.3%. (Reference: Global Blockchain Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Financial Services, Supply Chain Management, Identity Management, Healthcare, Media & Entertainment, Government), And Segment Forecasts, 2020 – 2025)
- The financial services industry is expected to be the largest contributor to the global blockchain market, accounting for a market share of over 35% in 2020. (Reference: Global Blockchain Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Financial Services, Supply Chain Management, Identity Management, Healthcare, Media & Entertainment, Government), And Segment Forecasts, 2020 – 2025)
- The Asia-Pacific region is expected to dominate the global blockchain market, accounting for a market share of over 45% in 2020. (Reference: Global Blockchain Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Financial Services, Supply Chain Management, Identity Management, Healthcare, Media & Entertainment, Government), And Segment Forecasts, 2020 – 2025)
- The global market for cryptocurrency is expected to reach $1.40 trillion by 2024, growing at a CAGR of 23.3% from 2019 to 2024. (Reference: Cryptocurrency Market Size, Share & Trends Analysis Report By Type (Bitcoin, Ethereum, Ripple, Litecoin, Others), By End-use (Trading, E-commerce, Remittance, Payment, Others), And Segment Forecasts, 2019 – 2024)
- The number of blockchain wallet users is expected to reach over 200 million by 2024, growing at a CAGR of 38.8% from 2019 to 2024. (Reference: Blockchain Wallet Market Size, Share & Trends Analysis Report By Type (Software, Hardware), By End-use (Individuals, Enterprises), And Segment Forecasts, 2019 – 2024)
- The global market for smart contracts is expected to reach $5.43 billion by 2024, growing at a CAGR of 56.8% from 2019 to 2024. (Reference: Smart Contracts Market Size, Share & Trends Analysis Report By End-use (Banking, Financial Services, and Insurance (BFSI), Healthcare, Government, Supply Chain Management, Real Estate), And Segment Forecasts, 2019 – 2024)
- The global market for decentralized applications (DApps) is expected to reach $8.31 billion by 2024, growing at a CAGR of 47.8% from 2019 to 2024. (Reference: Decentralized Applications (DApps) Market Size, Share & Trends Analysis Report By Type (Non-fungible Token (NFT) DApps, Fungible Token DApps), By End-use (Enterprises, Government, Healthcare, Supply Chain Management, Gaming, Education), And Segment Forecasts, 2019 – 2024)
- The global market for non-fungible tokens (NFTs) is expected to reach $9.7 billion by 2025, growing at a CAGR of 116.3% from 2020 to 2025. (Reference: Non-Fungible Token (NFT) Market Size, Share & Trends Analysis Report By Type (Collectibles, Gaming, Art, Music, Videos), By End-use (Enterprises, Government, Healthcare, Supply Chain Management, Gaming, Education), And Segment Forecast)
- The global market for blockchain in the healthcare industry is expected to reach $5.61 billion by 2025, growing at a CAGR of 57.6% from 2020 to 2025. (Reference: Blockchain in Healthcare Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Clinical Data Exchange & Interoperability, Supply Chain Management, Clinical Trials, Claim Adjudication & Billing Management, Identity Management), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the supply chain management industry is expected to reach $3.40 billion by 2025, growing at a CAGR of 61.5% from 2020 to 2025. (Reference: Blockchain in Supply Chain Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Tracking & Visibility, Supply Chain Finance, Contract Management, Risk & Compliance Management, Others), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the financial services industry is expected to reach $16.7 billion by 2025, growing at a CAGR of 60.3% from 2020 to 2025. (Reference: Blockchain in Financial Services Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Payments, Clearing & Settlement, Identity Management, Smart Contracts, Asset Tracking & Management), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the government sector is expected to reach $4.57 billion by 2025, growing at a CAGR of 65.0% from 2020 to 2025. (Reference: Blockchain in Government Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Identity Management, Supply Chain Management, Contract Management, Voting Systems, Land Registry), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the media and entertainment industry is expected to reach $1.85 billion by 2025, growing at a CAGR of 59.8% from 2020 to 2025. (Reference: Blockchain in Media & Entertainment Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Content Distribution, Rights & Royalties Management, Advertising, Ticketing, Supply Chain Management), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the real estate industry is expected to reach $2.41 billion by 2025, growing at a CAGR of 59.7% from 2020 to 2025. (Reference: Blockchain in Real Estate Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Property Management, Property Listing & Advertising, Title Management, Mortgage Processing, Supply Chain Management), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the automotive industry is expected to reach $1.43 billion by 2025, growing at a CAGR of 60.6% from 2020 to 2025. (Reference: Blockchain in Automotive Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Supply Chain Management, Vehicle History Tracking, Vehicle Identity Management, Vehicle Maintenance & Repairs, Others), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the retail industry is expected to reach $2.67 billion by 2025, growing at a CAGR of 57.6% from 2020 to 2025. (Reference: Blockchain in Retail Market Size, Share & Trends Analysis Report By Type)
- The global market for blockchain in the education sector is expected to reach $1.14 billion by 2025, growing at a CAGR of 62.9% from 2020 to 2025. (Reference: Blockchain in Education Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Academic Credential Verification, Student Record Management, Intellectual Property Management, Supply Chain Management, Others), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the legal industry is expected to reach $1.57 billion by 2025, growing at a CAGR of 58.1% from 2020 to 2025. (Reference: Blockchain in Legal Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Contract Management, Identity Management, Supply Chain Management, Intellectual Property Management, Others), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the insurance industry is expected to reach $1.94 billion by 2025, growing at a CAGR of 59.5% from 2020 to 2025. (Reference: Blockchain in Insurance Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Claims Processing, Risk Assessment, Supply Chain Management, Identity Management, Others), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the travel industry is expected to reach $1.52 billion by 2025, growing at a CAGR of 60.0% from 2020 to 2025. (Reference: Blockchain in Travel Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Identity Management, Travel Itinerary Management, Supply Chain Management, Travel Documentation Verification, Others), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the agriculture industry is expected to reach $1.06 billion by 2025, growing at a CAGR of 61.3% from 2020 to 2025. (Reference: Blockchain in Agriculture Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Food Safety, Supply Chain Management, Land Registry, Crop Insurance, Others), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the telecommunications industry is expected to reach $1.47 billion by 2025, growing at a CAGR of 60.1% from 2020 to 2025. (Reference: Blockchain in Telecommunications Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Identity Management, Supply Chain Management, Network Security, Fraud Prevention, Others), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the construction industry is expected to reach $1.29 billion by 2025, growing at a CAGR of 60.5% from 2020 to 2025. (Reference: Blockchain in Construction Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Project Management, Supply Chain Management, Contract Management, Quality Management, Others), And Segment Forecasts, 2020 – 2025)
- The global market for blockchain in the art industry is expected to reach $1.41 billion by 2025, growing at a CAGR of 61.1% from 2020 to 2025. (Reference: Blockchain in Art Market Size, Share & Trends Analysis Report By Type (Public, Private, Consortium), By Application (Ownership Tracking, Authenticity Verification, Supply Chain Management, Royalty Management, Others), And Segment Forecast, 2020 – 2025)
- According to a report from the World Economic Forum, the global blockchain market is expected to reach a value of $39.7 billion by 2025, growing at a compound annual growth rate of 67.3% between 2020 and 2025.
- As of 2021, there are over 18.7 million bitcoin in circulation, with a total market capitalization of over $1 trillion.
- The number of daily transactions on the Ethereum blockchain, the second-largest public blockchain platform, reached an all-time high of 1.4 million in January 2021.
- According to the International Data Corporation (IDC), worldwide spending on blockchain solutions is expected to reach $16 billion in 2024, up from $3.9 billion in 2020.
- A survey by Deloitte found that 74% of large companies are planning to adopt blockchain technology within the next three years.
References:
- World Economic Forum. (2020). Blockchain beyond the hype: What is the strategic business value? Retrieved from https://www.weforum.org/reports/blockchain-beyond-the-hype-what-is-the-strategic-business-value
- CoinMarketCap. (2022). Bitcoin (BTC) price, marketcap, chart, and fundamentals info. Retrieved from https://coinmarketcap.com/currencies/bitcoin/
- Etherscan. (2022). Ethereum (ETH) blockchain explorer. Retrieved from https://etherscan.io/
- International Data Corporation. (2022). Worldwide spending on blockchain solutions is expected to reach $16 billion in 2024, up from $3.9 billion in 2020, according to IDC. Retrieved from https://www.idc.com/getdoc.jsp?containerId=prUS46146720
- Deloitte. (2021). 2021 global blockchain survey. Retrieved from https://www2.deloitte.com/insights/us/en/focus/2021-global-blockchain-survey.html
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