Blockchain
Global Blockchain IoT Market Expected Grow at a CAGR of 91.5%, by 2026 – Research Dive
As per the study conducted by Research Dive, the Blockchain IoT Market size is anticipated to reach $5,802.7 million by 2026, with a CAGR of 91.5% over projected period.
Market Drivers and Retrains:
Rising adoption of Blockchain IoT due to the rapid growth in the IoT connectivity across the globe for data sharing is expected to drive the market growth. Additionally, increasing operational efficiency among the organizations for providing better data transfer security is another growth factor for blockchain IoT market.
Lack of awareness among the organizations is the key factor that may hinder the market growth over the forecast period. However, interoperability is another key challenging factor that may hamper growth of the blockchain IoT market.
Sample report reveals, Summary of global market dynamics including driving factors, Restraints and Investment Opportunities in Blockchain IoT Market https://www.researchdive.com/download-sample/45
Blockchain IoT Market Segmentation:
On the basis of offerings, the market is segmented into hardware, software and solutions. Hardware segment is anticipated to further drive the offerings segment in blockchain IoT market, owing to the growing demand for more secure data transferring among the people that are present in the same network.
Data security dominated the application segment owing to the growing demand for secure data transferring among the devices, and rising concerns for data theft due to the growing cyber-attacks. As per the study, data security segment is anticipated to reach $1,377.9 million by the year 2026 at a CAGR of 93.4%.
Based on end-use industries the market is divided into energy & utility, transportation & logistics, building management, manufacturing, healthcare, wearable & mobile devices, smart cities and retail among other. Smart cities segment is anticipated to dominate the market growth over the forecast period owing to the rising adoption of IoT integration with almost every aspect of day to day life.
Regional Insights:
Asia Pacific Blockchain IoT market is witness to grow over the forecast period, and anticipated to account for $1,459.8 million by 2026, growing at rate of 94.8%, due to the growth of the Blockchain IoT market in Asia Pacific region. Asia Pacific includes most developing nations such as China, India and South Korea among others, these economies are anticipated to adopt blockchain IoT on a wider range.
So, How North America and European Market Share to Global Blockchain IoT Market. https://www.researchdive.com/purchase-enquiry/45
Top Companies Profiled and Recent Developments:
Intel Corporation, Ethereum Foundation, KrypC, R3, Filament, Cisco Systems, IBM Corporation, and Microsoft Corporation among others. These manufacturers are continuously increasing their efforts on R&D activities, as it will help to increase their position in the global market. Recent developments in the Blockchain IoT market by Amazon.com joined hands with start-up called Kaleido in order to make it easier for users to place their services on blockchain.
SOURCE Research Dive
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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