This question is about blockchain statistics.

How fast is the blockchain industry growing?

By Zippia Team - Jun. 29, 2022

The blockchain industry is growing by a CAGR of 85.9%. This is the estimated compound annual growth rate from 2022 to 2030.

In 2022, the global blockchain technology market is estimated to be worth $11.54 billion, and in 2018 it was just $1.57 billion. By 2027, the market is expected to reach a valuation of $162.84 billion.

The financial services industry is the main player in the blockchain market, accounting for more than 38% of the global market's revenue in 2021, the largest share of any industry.

This isn't surprising since 90% of the major U.S., Canadian, and European banks are either planning to incorporate or have incorporated blockchain technology into their operations.

How fast is the blockchain industry growing?

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