
Report ID: SQMIG45A2610
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Blockchain Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Blockchain industry players.
The blockchain market is experiencing a more competitive environment driven by technology, strategic collaborations, and expansion geographically. Aptos Labs is turning out to be one of the major players with a multilateral approach aimed at international reach and technological convergence. It entered the Japanese blockchain space in October 2024 when it acquired HashPalette Inc., enhancing its footprints in Asia. The next month, it spearheaded a USD 10 million funding round for KGeN, a decentralized gaming network, as a testament to its ongoing pursuit of accelerating the Web3 ecosystem. Additionally, Aptos Labs has established high-impact collaborations with Microsoft to investigate blockchain-AI synergy and Google Cloud to enhance infrastructure capabilities, including operating a validator node on the Aptos network. These strategic initiatives reinforce its vision to expand blockchain uptake across sectors and improve performance, trust, and usability in digital services.
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Global Blockchain Market size was valued at USD 7.5 Billion in 2023 and is expected to grow significantly from USD 9.3 Billion in 2024 to USD 123.7 Billion by 2032, growing at a CAGR of 39.6% in the forecast period (2025-2032).
Key vendors in Blockchain Market are: 'IBM ', 'Microsoft Corporation', 'Amazon Web Services (AWS) ', 'SAP SE', 'Oracle ', 'Tata Consultancy Services Ltd', 'Wipro Ltd ', 'Google', 'Huawei Technologies Co Ltd', 'Infosys Ltd ', 'Alibaba Cloud ', 'R3 ', 'Accenture', 'Hewlett Packard Enterprise Co ', 'Ernst & Young Global Ltd ', 'Chainlink', 'ConsenSys', 'LeewayHertz', 'Blockdaemon', 'Bitfury Group Limited'
As global cyberattacks grow, industries are searching for secure digital platforms in haste. Blockchain's decentralized and permanent nature of data does not allow it to be manipulated or deleted without consent, making it an appropriate tool to ensure data security and fraud protection. Financial, health, and defense institutions are particularly racing ahead to ensure transaction integrity and secure confidential data. Demand is joined by increasing regulatory pressure to secure data and audit trails, fueling blockchain growth as an enterprise security foundation to digital transformation approaches.
Short-Term: In 2025, blockchain is witnessing adoption growth, propelled by the mainstreaming of stablecoins and artificial intelligence (AI) integration. Stablecoins have enabled USD 28 trillion of transactions, more than traditional payment behemoths Visa and Mastercard. The growth is supported by regulatory progress, including the US Senate's movement toward stablecoin legislation in order to create a federal framework for these digital assets. Parallelly, AI-oriented crypto tokens are a high-conviction theme investment, with a USD 10 billion gain in market cap over a week, showing the concrete advancement in AI agent tech merging with blockchain infrastructure.
North America is the global blockchain leader, fueled by strong investment, regulatory innovation, and enterprise adoption.
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Report ID: SQMIG45A2610
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