New York, NY, May 07, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Blockchain IoT Market By Offering (Infrastructure Provider, Software, and Hardware), By Application (Data Security, Asset Tracking & Management, Data Communication/Sharing, Smart Contracts, and Others), By End User (Healthcare, Smart City, Manufacturing, Transportation & Logistics, Energy & Utility, Retail, Building Management, Wearable & Mobile Devices, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”.
“According to the research report, the global Blockchain IoT Market was estimated at USD 100 Million in 2019 and is expected to reach USD 6,500 Million by 2026. The global Blockchain IoT Market is expected to grow at a compound annual growth rate (CAGR) of 90% from 2020 to 2026”.
Blockchain IoT Market: Key Market Insights Overview
Blockchain IoT is an emerging field that is used to secure the confidential data of industries. This novel technology does not permit accession to the data from any third-party sources. The increasing penetration of blockchain and IoT in various businesses & industries is attributed to the generation and secure storage of huge amounts of confidential data, thereby likely to escalate the global blockchain IoT market growth at a splendid rate….
