This question is about blockchain statistics.

How big is the blockchain industry?

By Zippia Team - Jun. 29, 2022

The blockchain industry is worth $11.54 billion. This is the estimated valuation of the global blockchain technology industry as of 2022, and it's expected to grow to be worth $162.84 billion by 2027.

The global blockchain market's 2022 value is already 100 times larger than its value of $1.57 billion in 2018, so it is growing to be another 100 times bigger in the five years between 2022 and 2027.

Contributing heavily to the blockchain industry's market value is the total global spending on blockchain solutions. In 2017, this was only about $750 million, and in 2022, it's projected to reach $11.7 billion, which would be a CAGR of 73.2%.

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