Quadintel published a new report on the Global Blockchain Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.

Global Blockchain Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2030.

Blockchain is a system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network. The increase in venture capital funding and investments in blockchain technology and lower operational costs has led to the adoption of Blockchain across the forecast period.

For Instance: According to data provider Venture Intelligence, startups that include crypto, blockchain, a kind of digital ledger and non-fungible tokens (NFTs), or units of non-interchangeable data stored on blockchain, have raised $511 million this year. Also, with the integration amalgamation of blockchain, IoT, and AI, the adoption & demand for Blockchain is likely to increase the market growth during the forecast period. However, security breaches impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Block Chain market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the early adoption of Blockchain and the presence of several vendors that provide security and Blockchain solutions. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as increased connectivity in the region would create lucrative growth prospects for the Block Chain market across Asia Pacific region.

COVID-19 Impact Analysis

The pandemic of COVID-19 has also reduced the availability of and demand for non-COVID-19-related medical treatment. A wide range of treatments, including emergency care for acute diseases, routine check-ups, and recommended cancer screenings, are being postponed or avoided by patients. Undiagnosed illnesses and a failure to intervene early will have serious long-term health consequences. COVID-19 has accelerated a variety of existing and emerging healthcare trends, including changing consumer attitudes and habits, the convergence of life science and health care, rapid advances in digital health technologies, and new talent and care delivery models, to name a few

Source: https://www.designerwomen.co.uk/global-blockchain-market-2022-key-players-analysis-growth-future-trend-gross-margin-demand-and-forecast-by-2030/