The blockchain technology market is growing rapidly as the organizations are more focused on transparency, immutability and scalability.
The Blockchain market value is expected to grow from USD 210.2 Million in 2016 to USD 2,312.5 Million by 2021, at a Compound Annual Growth Rate of 61.5% during the forecast period.
Factors such as uncertain regulatory status and lack of awareness about the blockchain technology are the major restraints in the overall growth potential. Infrastructure and protocols provider segment is estimated to have the largest market size at the current moment due to increasing need for services such as mining, public, and special protocols.
