The global blockchain market is projected to grow from $54.08 billion in 2026 to $610.96 billion by 2031, a compound annual growth rate of 62.4%, according to a new report from ResearchAndMarkets.com. The professional services segment is expected to record the highest CAGR as enterprises seek specialized support for blockchain strategy, consulting, and integration. Private blockchains are projected to hold the largest market share in 2026 due to enterprise requirements for privacy, security, and regulatory compliance. South Korea is positioned as the fastest-growing market in Asia Pacific, driven by government backing for digital innovation and widespread digital payment adoption. Major vendors include AWS, IBM, Oracle, Huawei, Accenture, and OVHcloud.
Accenture plc
Amazon.com Inc
Oracle Corporation
SAP SE
International Business Machines
OVH Groupe SAS