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Blockchain IoT Market

Publisher Evolve Business Intelligence
Published Apr 14, 2025
SKU # EVBI19932148

Description

The Blockchain IoT Market is projected to reach USD 2.41 billion by 2033, up from USD 0.32 billion in 2023, reflecting a substantial compound annual growth rate (CAGR) of 41.7% from 2023 to 2033. This market merges blockchain technology with the Internet of Things (IoT) to bolster security, transparency, and efficiency within IoT ecosystems. Blockchain’s decentralized and immutable ledger technology ensures tamper-proof records and secure communication for IoT devices. This integration facilitates process automation through smart contracts, reduces operational costs, and enhances trust among connected devices and stakeholders. The market's expansion is driven by growing concerns over data privacy and security, alongside the demand for more efficient and scalable IoT solutions. Key applications span across sectors such as supply chain management, healthcare, smart cities, and automotive industries.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Application (Smart Contracts, Security, Data Sharing, Others)
By Component (Hardware, Software, Services)
By Vertical (Energy and Utilities, Transportation and Logistics, Manufacturing, Others)

Key players

IBM
Microsoft
INTEL
Huawei
Ethereum Foundation
The Linux Foundation
Arctouch
Waltonchain
Factom

Table of Contents

CHAPTER 1. Executive Summary
CHAPTER 2. Scope of the Study
2.1. Market Definition
2.2. Market Scope & Segmentation
2.2.1. Objective of Report
CHAPTER 3. Evolve BI Methodology
3.1. Data Collection & Validation Approach
3.2. Market Size Estimation and Forecast
CHAPTER 4. Exclusive Analysis
4.1. Market Opportunity Score
4.1.1. Application Segement – Market Opportunity Score
4.1.2. Component Segment – Market Opportunity Score
4.1.3. Verticals Segment – Market Opportunity Score
4.2. Key Market Influencing Indicators
CHAPTER 5. Market Insights and Trends
5.1. Value Chain Analysis
5.1.1. Raw Material
5.1.2. Manufacturing Process
5.1.3. Distribution Channel
5.1.4. End User
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining Power of Buyers
5.2.2. Bargaining Power of Suppliers
5.2.3. Threat of New Entrant
5.2.4. Threat of Substitute
5.2.5. Industry Rivalry
5.3. COVID-19 Impact and Post COVID Scenario on Blockchain IoT Market
5.3.1. Impact of COVID-19
5.3.2. Government Support and Industry Revival Policies
5.3.3. Measures Taken by Companies to Mitigate Negative Impact
5.3.4. Post COVID Trend
CHAPTER 6. MArket Dynamics
6.1. Introduction
6.2. Drivers
6.2.1. Driver 1
6.2.2. Driver 2
6.2.3. Driver 3
6.3. Restraints
6.3.1. Restraint 1
6.3.2. Restraint 2
6.4. Opportunity
6.4.1. Opportunity 1
CHAPTER 7. Global Blockchain IoT Market, By Application
7.1. Introduction
7.1.1. Smart Contracts
7.1.2. Security
7.1.3. Data sharing
7.1.4. Others
CHAPTER 8. Global Blockchain IoT Market, By Component
8.1. Introduction
8.1.1. Hardware
8.1.2. Software
8.1.3. Services
CHAPTER 9. Global Blockchain IoT Market, By Verticals
9.1. Introduction
9.1.1. Energy and Utilities
9.1.2. Transportation and logistics
9.1.3. Manufacturing
9.1.4. Others
CHAPTER 10. Global Blockchain IoT Market, By Region
10.1. Introduction
10.2. NORTH AMERICA
10.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
10.2.2. North America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.2.3. North America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.2.4. North America: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.2.5. US
10.2.5.1. US: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.2.5.2. US: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.2.5.3. US: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.2.6. CANADA
10.2.6.1. Canada: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.2.6.2. Canada: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.2.6.3. Canada: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.2.7. MEXICO
10.2.7.1. Mexico: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.2.7.2. Mexico: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.2.7.3. Mexico: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.3. Europe
10.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
10.3.2. Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.3.3. Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.4. Europe: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.3.5. U.K.
10.3.5.1. U.K.: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.3.5.2. U.K.: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.5.3. U.K.: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.3.6. GERMANY
10.3.6.1. Germany: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.3.6.2. Germany: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.6.3. Germany: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.3.7. FRANCE
10.3.7.1. France: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.3.7.2. France: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.7.3. France: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.3.8. ITALY
10.3.8.1. Italy: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.3.8.2. Italy: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.8.3. Italy: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.3.9. SPAIN
10.3.9.1. Spain: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.3.9.2. Spain: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.9.3. Spain: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.3.10. BENELUX
10.3.10.1. BeNeLux: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.3.10.2. BeNeLux: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.10.3. BeNeLux: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.3.11. RUSSIA
10.3.11.1. Russia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.3.11.2. Russia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.11.3. Russia: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.3.12. REST OF EUROPE
10.3.12.1. Rest of Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.3.12.2. Rest of Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.12.3. Rest of Europe: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.4. Asia Pacific
10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
10.4.2. Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.4.3. Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.4. Asia Pacific: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.4.5. CHINA
10.4.5.1. China: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.4.5.2. China: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.5.3. China: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.4.6. JAPAN
10.4.6.1. Japan: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.4.6.2. Japan: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.6.3. Japan: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.4.7. INDIA
10.4.7.1. India: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.4.7.2. India: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.7.3. India: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.4.8. SOUTH KOREA
10.4.8.1. South Korea: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.4.8.2. South Korea: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.8.3. South Korea: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.4.9. THAILAND
10.4.9.1. Thailand: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.4.9.2. Thailand: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.9.3. Thailand: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.4.10. INDONESIA
10.4.10.1. Indonesia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.4.10.2. Indonesia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.10.3. Indonesia: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.4.11. MALAYSIA
10.4.11.1. Malaysia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.4.11.2. Malaysia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.11.3. Malaysia: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.4.12. AUSTRALIA
10.4.12.1. Australia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.4.12.2. Australia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.12.3. Australia: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.4.13. REST FO ASIA PACIFIC
10.4.13.1. Rest fo Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.4.13.2. Rest fo Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.13.3. Rest fo Asia Pacific: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.5. South America
10.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
10.5.2. South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.5.3. South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.5.4. South America: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.5.5. BRAZIL
10.5.5.1. Brazil: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.5.5.2. Brazil: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.5.5.3. Brazil: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.5.6. ARGENTINA
10.5.6.1. Argentina: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.5.6.2. Argentina: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.5.6.3. Argentina: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.5.7. REST OF SOUTH AMERICA
10.5.7.1. Rest of South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.5.7.2. Rest of South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.5.7.3. Rest of South America: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.6. Middle East & Africa
10.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
10.6.2. Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.6.3. Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.4. Middle East & Africa: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.6.5. SAUDI ARABIA
10.6.5.1. Saudi Arabia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.6.5.2. Saudi Arabia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.5.3. Saudi Arabia: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.6.6. UAE
10.6.6.1. UAE: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.6.6.2. UAE: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.6.3. UAE: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.6.7. EGYPT
10.6.7.1. Egypt: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.6.7.2. Egypt: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.7.3. Egypt: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.6.8. SOUTH AFRICA
10.6.8.1. South Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.6.8.2. South Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.8.3. South Africa: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
10.6.9. REST OF MIDDLE EAST & AFRICA
10.6.9.1. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
10.6.9.2. Rest of Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.9.3. Rest of Middle East & Africa: Market Size and Forecast, By Verticals, 2023 – 2033 ($ Million)
CHAPTER 12. Competitive Landscape
12.1. Competitior Benchmarking 2023
12.2. Market Share Analysis
12.3. Key Developments Analysis By Top 5 Companies
12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
CHAPTER 13. Company Profiles
13.1. IBM
13.1.1. Business Overview
13.1.2. Financial Analysis
13.1.2.1. Business Segment Revenue, 2020, 2021, 2022, $ Million
13.1.2.2. Geographic Revenue Mix, 2022 (% Share)
13.1.3. Product Portfolio
13.1.4. Recent Development and Strategies Adopted
13.1.5. SWOT Analysis
13.2. Microsoft
13.3. INTEL
13.4. Huawei
13.5. Ethereum Foundation
13.6. The Linux Foundation
13.7. Arctouch
13.8. Waltonchain
13.9. Factom
13.10. Chronicled

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