Blockchain IoT Market Size, Share, Demand & Trends Analysis Report
The growing need for IoT security, simplified processes supported with transparency and immutability, and high adoption of blockchain-based IoT solutions using smart contracts and AI is expected to surge demand for blockchain IoT market globally, according to a new report by MarketsandMarkets™.
The global Blockchain IoT Market size is projected to grow from USD 258 million in 2020 to USD 2,409 million by 2026, at a Compound Annual Growth Rate (CAGR) of 45.1% during the forecast period.
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