NFT Collection The Superlative Secret Society Price, Stats, and Review
Kenya Moves To Legalize Crypto – Details
‘Dino Coins’ Roar Back: XRP, XLM, and ADA Lead the Charge in Weekend Gains
XRP’s breakout odds – Here’s what must happen first for a rally
Why Bitcoin Transfer Hits $903M on the 16th Anniversary of $0 BTC Tweet
Ethereum Sees $1.4 Billion In Exchange Outflows This Week – Strong Accumulation Trend?
BONK drops 21% in 7 days – A bullish reversal likely IF…
$PEPU and $WEPE Make Waves: Surging Tokens in a Down Market
Crypto ATM Numbers Approach Record High: A Steady Recovery After Industry Shocks
Koii Network ($KOII) Begins Trading on Gate.io and MEXC Following Mainnet Launch and Oversubscribed Token Sales
Cardano’s market position – How soon before ADA’s price bounces from recent lows?
$7,000 Ethereum In Sight? Expert Breaks Down The Potential Path
Analyst Says This Leading Meme Coin Is Set For 115% Explosion – It’s Not Dogecoin Or Shiba Inu
Expert Predicts US SEC To Approve XRP And Solana ETF This Year
$850,000,000,000 in Credit Losses Will Hit Banks This Year As Uncertainty Prevails: S&P Global Forecast
Whale frenzy: 1 billion XRP accumulated in 48 hours means THIS for price!
Ethereum to rebound as iDEGEN remains on track to a billion-dollar valuation
A List of the Hottest Coins This Week – Which Coins Could Skyrocket Next? (Lightchain AI, Shiba Inu, Bonk, Myro, Floki)
Jeremie Davinci Predicts Bitcoin Price Could Reach $350,000: Realistic or a Pipe Dream?
Crypto Insiders Are Watching This Presale – Here’s What You Need to Know
Monsta Mash ($MASH) Presale Sparks Investor Frenzy, Ripple (XRP) Sets Sights on $15, and Hedera (HBAR) Sees $4M Inflows
Bitcoin STH MVRV Drops To Mean Values – Analyst Explains Key Elements Driving Demand
XRP/BTC Chart Unveils Multiple Bullish Scenarios For Altcoin – Analyst
Repeating THIS 2024 pattern could help Shiba Inu rally by 99%
Here’s How Bitcoin Could Skyrocket by 950% in Three to Five Years, According to BitMEX Founder Arthur Hayes
Global Blockchain Industry Investment Growth Set at 69% CAGR by 2025
A recent report from the Global Markets Insights on the global blockchain market in the coming future shows a possible growth to a $25 billion industry by 2025.
In a detailed report from the Global Market Insights, the global blockchain market is said to be set to grow by 69% compounded annual growth rate (CAGR) in the next six years to over $25 billion dollars showing massive potential. With the industry driving the digital revolution of enterprises explicitly with the digitization of processes, automation, tokenization of physical resources, and development of smart contracts, the value may be higher with over 1.2 billion people in need of blockchain services.
According to the report dubbed, “Blockchain Technology Market Size 2019–2025”, North America is set to lead the growth in the industry given a first movers advantage and high venture capital investments in the blockchain sector. The U.S is set to capture 40% of the market investments by 2025, dropping from 52% of the current market share with other regions gaining ground in the industry such as Asia and Europe.
The industry is set to grow given the solutions it offers in various industries including reduction of duplicative record-keeping, elimination of reconciliation, and validation of transactions.
Global innovation in blockchain technology
Government and private institutions have recently stated their desire to implement the technology given the benefits in data recording and security features it offers. According to an International Data Center report released at the start of the month, China is set to contribute over $2 billion in blockchain technology investments over the next four years, at a 67% CAGR during the period.
Notwithstanding, Europe is gradually growing as a crypto custodian haven, holding over 52% of the total crypto custody solutions across the globe. The growth, however, does not provide enough assurance of continuous growth in the coming days as the ECB calls on governments to crack down on these “illegal coins”.
The post Global Blockchain Industry Investment Growth Set at 69% CAGR by 2025 appeared first on Coingape.
