On June 20, MarketsandMarkets released a report predicting that the global blockchain market size is expected to grow from $54.08 billion in 2026 to $610.96 billion by 2031, with a compound annual growth rate of 62.4%. This growth is primarily driven by the adoption of enterprise-level blockchain in industries such as banking and financial services, supply chain, healthcare, government, and retail. Companies are increasing their investments in dApps, digital identity, stablecoin payment networks, and cloud-hosted blockchain infrastructure. The report also noted that Layer 2 scaling technologies, regulatory advancements, and the integration of blockchain with AI and enterprise software platforms are facilitating the transition of businesses from pilot projects to large-scale production environments.
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Global Blockchain Market Expected to Reach $610.96 Billion by 2031
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