Blockchain Security Solutions Market Insights Video
According to Cognitive Market Research, the global Blockchain Security Solutions market size will be USD 2351.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 44.90% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 940.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 43.1% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 705.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 540.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 46.9% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 117.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 44.3% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 47.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 44.6% from 2024 to 2031.
Identity and access management (IAM) is the dominant category in the blockchain security software business