Global Blockchain as a Service (BaaS) Market Overview

Global Blockchain as a Service (BaaS) Market size is expected to grow from USD 3.91 Billion in 2022 to USD 140.79 Billion by 2030, at a CAGR of 56.5% during the forecast period (2023-2030).

Blockchain-as-a-Service (BaaS) involves the creation, management and maintenance of cloud-based networks for companies that design, develop and build blockchain applications. The emergence of the BaaS model has signalled an important step in the evolution of blockchain technology as it indicates a step away from the initial use case of blockchain, cryptocurrency, marking the expansion of the technology in other areas. At its core, BaaS enables beneficiaries to exploit cloud services to build, host and operate blockchain-based applications without needing to concern themselves with the technical complexities, costs, and operational overhead involved in creating, configuring, maintaining, and operating a blockchain. BaaS offers several pre-built applications and services that can be used to create various blockchain-based applications, including distributed ledgers, digital identity management systems, and supply chain management systems. In terms of components, the BaaS market is segmented into services and tools. Payments, supply chain management, smart contracts, governance, and identity management are some of the application segments on the market.

While there’s a growing recognition of the need for privacy and security when it comes to storing and managing data, a major trend is represented by the shift towards more private and permissioned blockchains. Private and permissioned blockchains offer a number of advantages, including the ability to control who has access to data and the ability to ensure that data is only accessible to authorized users. At the same time, the demand for cloud-based services is increasing as enterprises move away from traditional on-premises solutions. Cloud-based solutions are more flexible and scalable and offer pay-as-you-go pricing models that can save enterprises money. “The need for faster and more efficient transactions is driving the adoption of blockchain technology. Blockchain-based solutions can settle transactions in minutes or seconds, compared to the days or weeks it can take with traditional systems

Blockchain as a Service (BaaS) Market Trend Analysis

Rising Adoption of The Blockchain Technology by The Various End-User Industries

Blockchain's potential to improve transparency and traceability in supply chain management is gaining recognition, with industries like logistics, manufacturing, and retail adopting BaaS to create auditable records, reduce fraud, and ensure regulatory compliance. The financial sector embraces blockchain technology to streamline payment processes, reduce transaction costs, and improve efficiency. The decentralized nature of blockchain eliminates intermediaries, resulting in faster and more cost-effective cross-border transactions, contributing to the growing adoption of BaaS. Healthcare is embracing blockchain as a solution for secure, interoperable health data management. Blockchain ensures data integrity and privacy, improving data accessibility and reducing administrative complexities, thus potentially revolutionizing the industry. Industries like energy, real estate, and government are utilizing blockchain as a service (BaaS) for applications like smart contracts, identity management, and record-keeping due to its security features. The growing adoption of blockchain technology across various industries is driving the growth of the blockchain as a service market, as it enhances transparency, security, and efficiency, and the demand for BaaS is expected to experience sustained growth in the coming years.

Blockchain and the Internet of Things

Blockchain's decentralised and cryptographic features offer a robust framework for securing IoT devices and data. By combining blockchain with IoT, businesses can create tamper-resistant records, ensuring data integrity and mitigating unauthorised access or malicious attacks, especially in industries like healthcare and smart manufacturing. Smart contracts, a key component of blockchain technology, enhance the connection between blockchain and IoT by automatically enforcing and verifying agreements, enabling trustless transactions between IoT devices. These streamline supply chain management, automated payments, and IoT-driven processes. Blockchain and IoT technology allow for transparent, decentralized management of IoT device identities, reducing the risk of spoofing or unauthorized access. This is crucial for sectors like logistics, where tracking and verifying the authenticity of goods in the supply chain is essential. As industries continue to explore the potential of IoT and recognize the need for secure and transparent data management, the demand for Blockchain as a Service is poised to grow. The integration of these two transformative technologies not only addresses current challenges but also unlocks new possibilities for innovation across various sectors, contributing to the expansion of the BaaS market.

Regional Analysis In Blockchain as a Service (BaaS) Market

The market for Blockchain as a Service is rapidly growing in North America as a result of rising investment in blockchain technology. Numerous blockchain development projects have been started in the US in recent years, which has accelerated the market's expansion. Additionally, this region is home to a large number of small, medium-sized, and technology-based businesses, which has led to the widespread development and deployment of BaaS solutions there. Additionally, there has been significant progress in the integration of public critical services with BaaS solutions, which is predicted to open up new growth opportunities for the local BaaS market in the coming years.

Top Key Players Covered In Blockchain as a Service (BaaS) Market

  • Cognizant (U.S.)
  • Consensys (U.S.)
  • IBM (U.S.)
  • Microsoft (U.S.)
  • Altoros (U.S.)
  • HPE (U.S.)
  • Amazon Web Services (AWS) (U.S.)
  • R3 (U.S.)
  • Oracle (U.S.)
  • Dragonchain (U.S.)
  • Cryptowerk (U.S.)
  • Altoros (U.S.)
  • Oodles Technologies (India)
  • Wipro (India)
  • Infosys (India)
  • VeChain Foundation (China)
  • Huawei (China)
  • Baidu (China)
  • Chainstack (Singapore)
  • Morpheus Labs (Singapore)
  • Deloitte (UK)
  • EY (UK)
  • SAP SE (Germany)
  • BLOCKO (South Korea)
  • Accenture (Ireland)
  • BitFury (Netherlands)
  • Capgemini (Paris)
  • Crypto APIs (Bulgaria)
  • Shipchain (South Carolina) , and Other Major Players.

Key Industry Development In The Blockchain as a Service (BaaS) Market

In May 2022, The EY organization declared the production release of the third generation of EY Blockchain Analyzer: Reconciler. This updated version has been migrated into blockchain.ey.com and is now available for the first time to EY non-audit clients and continues to support the EY Audit teams. The tool offers various features including importing enterprise records, reconciling off-chain enterprise records with on-chain transactions and tracking wallet balances.

In July 2022, Blockchain-as-a-Service (BaaS) platform, Seracle has declared the introduction of Web 3.0 non-fungible token (NFT) infrastructure for brands and corporates over the sectors to help them create their own customised NFT marketplaces.

In October 2021, Blockedge Technologies Inc. introduces its 'Plug & Play' Blockchain-as-a-Service (BaaS) Platform for Automotive and Supply Chain Markets. Blockedge offers a simplified plug-and-play BaaS platform that stands in contrast with built-from-scratch manual solutions.

Global Blockchain as a Service (BaaS) Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 3.91 Bn.

Forecast Period 2023-2030 CAGR:

56.5%

Market Size in 2030:

USD 140.79 Bn.

Segments Covered:

By Component

  • Tools
  • Services

By Application

  • Supply Chain Management
  • Payments
  • Risk & Compliance Management
  • Others

By End Users

  • BFSI
  • Healthcare & Life Sciences
  • Government
  • Retail & Consumer Goods
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rising Adoption of The Blockchain Technology by The Various End-User Industries

Key Market Restraints:

  • Heightened Vulnerability to Cyber Threats to Hinder Market Growth

Key Opportunities:

  • Blockchain and the Internet of Things

Companies Covered in the report:

  • IBM, Microsoft, Amazon Web Services, Capgemini, EY, and other major players

 

  1. INTRODUCTION
    1. RESEARCH OBJECTIVES
    2. RESEARCH METHODOLOGY
    3. RESEARCH PROCESS
    4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
    5. MARKET SEGMENTATION
  2. EXECUTIVE SUMMARY
  3. MARKET OVERVIEW
  4. GROWTH OPPORTUNITIES BY SEGMENT
  5. MARKET LANDSCAPE
    1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
    2. INDUSTRY VALUE CHAIN ANALYSIS
    3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    4. MARKET TREND ANALYSIS
    5. REGULATORY LANDSCAPE
    6. PESTLE ANALYSIS
    7. PRICE TREND ANALYSIS
    8. PATENT ANALYSIS
    9. TECHNOLOGY EVALUATION
    10. ANALYSIS OF THE IMPACT OF COVID-19
      1. Impact On The Overall Market
      2. Impact On The Supply Chain
      3. Impact On The Key Manufacturers
      4. Impact On The Pricing
      5. Post COVID Situation
    11. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
      1. Geopolitical Market Disruptions
      2. Supply Chain Disruptions
      3. Instability in Emerging Markets
    12. ECOSYSTEM
  6. BLOCKCHAIN AS A SERVICE (BAAS) MARKET BY COMPONENT (2016-2030)
    1. BLOCKCHAIN AS A SERVICE (BAAS) MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. TOOLS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. SERVICES
  7. BLOCKCHAIN AS A SERVICE (BAAS) MARKET BY APPLICATION (2016-2030)
    1. BLOCKCHAIN AS A SERVICE (BAAS) MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. SUPPLY CHAIN MANAGEMENT
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. PAYMENTS
    5. RISK & COMPLIANCE MANAGEMENT
    6. OTHERS
  8. BLOCKCHAIN AS A SERVICE (BAAS) MARKET BY END-USER (2016-2030)
    1. BLOCKCHAIN AS A SERVICE (BAAS) MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. BFSI
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. HEALTHCARE & LIFE SCIENCES
    5. GOVERNMENT
    6. RETAIL & CONSUMER GOODS
    7. OTHERS
  9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. Blockchain as a Service (BaaS) Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
    2. COGNIZANT
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
    3. CONSENSYS (U.S.)
    4. IBM (U.S.)
    5. MICROSOFT (U.S.)
    6. ALTOROS (U.S.)
    7. HPE (U.S.)
    8. AMAZON WEB SERVICES (AWS) (U.S.)
    9. R3 (U.S.)
    10. ORACLE (U.S.)
    11. DRAGONCHAIN (U.S.)
    12. CRYPTOWERK (U.S.)
    13. ALTOROS (U.S.)
    14. OODLES TECHNOLOGIES (INDIA)
    15. WIPRO (INDIA)
    16. INFOSYS (INDIA)
    17. VECHAIN FOUNDATION (CHINA)
    18. HUAWEI (CHINA)
    19. BAIDU (CHINA)
    20. CHAINSTACK (SINGAPORE)
    21. MORPHEUS LABS (SINGAPORE)
    22. DELOITTE (UK)
    23. EY (UK)
    24. SAP SE (GERMANY)
    25. BLOCKO (SOUTH KOREA)
    26. ACCENTURE (IRELAND)
    27. BITFURY (NETHERLANDS)
    28. CAPGEMINI (PARIS)
    29. CRYPTO APIS (BULGARIA)
    30. SHIPCHAIN (SOUTH CAROLINA)
  10. GLOBAL BLOCKCHAIN AS A SERVICE (BAAS) MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Component
      5. Historic And Forecasted Market Size By Application
      6. Historic And Forecasted Market Size By End-User
      7. Historic And Forecasted Market Size By Country
        1. USA
        2. Canada
        3. Mexico
    3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Russia
        2. Bulgaria
        3. The Czech Republic
        4. Hungary
        5. Poland
        6. Romania
        7. Rest Of Eastern Europe
    4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Germany
        2. United Kingdom
        3. France
        4. The Netherlands
        5. Italy
        6. Spain
        7. Rest Of Western Europe
    5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Malaysia
        6. Thailand
        7. Vietnam
        8. The Philippines
        9. Australia
        10. New-Zealand
        11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Turkey
        2. Bahrain
        3. Kuwait
        4. Saudi Arabia
        5. Qatar
        6. UAE
        7. Israel
        8. South Africa
    7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
  11. INVESTMENT ANALYSIS
  12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

 

 

Global Blockchain as a Service (BaaS) Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 3.91 Bn.

Forecast Period 2023-2030 CAGR:

56.5%

Market Size in 2030:

USD 140.79 Bn.

Segments Covered:

By Component

  • Tools
  • Services

By Application

  • Supply Chain Management
  • Payments
  • Risk & Compliance Management
  • Others

By End Users

  • BFSI
  • Healthcare & Life Sciences
  • Government
  • Retail & Consumer Goods
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rising Adoption of The Blockchain Technology by The Various End-User Industries

Key Market Restraints:

  • Heightened Vulnerability to Cyber Threats to Hinder Market Growth

Key Opportunities:

  • Blockchain and the Internet of Things

Companies Covered in the report:

  • IBM, Microsoft, Amazon Web Services, Capgemini, EY, and other major players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. BLOCKCHAIN AS A SERVICE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. BLOCKCHAIN AS A SERVICE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. BLOCKCHAIN AS A SERVICE MARKET COMPETITIVE RIVALRY
TABLE 005. BLOCKCHAIN AS A SERVICE MARKET THREAT OF NEW ENTRANTS
TABLE 006. BLOCKCHAIN AS A SERVICE MARKET THREAT OF SUBSTITUTES
TABLE 007. BLOCKCHAIN AS A SERVICE MARKET BY COMPONENT
TABLE 008. TOOLS MARKET OVERVIEW (2016-2028)
TABLE 009. SERVICES MARKET OVERVIEW (2016-2028)
TABLE 010. BLOCKCHAIN AS A SERVICE MARKET BY APPLICATION
TABLE 011. SUPPLY CHAIN MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 012. PAYMENTS MARKET OVERVIEW (2016-2028)
TABLE 013. RISK & COMPLIANCE MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 014. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 015. BLOCKCHAIN AS A SERVICE MARKET BY END-USER
TABLE 016. BFSI MARKET OVERVIEW (2016-2028)
TABLE 017. HEALTHCARE & LIFE SCIENCES MARKET OVERVIEW (2016-2028)
TABLE 018. GOVERNMENT MARKET OVERVIEW (2016-2028)
TABLE 019. RETAIL & CONSUMER GOODS MARKET OVERVIEW (2016-2028)
TABLE 020. OTHER END-USER MARKET OVERVIEW (2016-2028)
TABLE 021. NORTH AMERICA BLOCKCHAIN AS A SERVICE MARKET, BY COMPONENT (2016-2028)
TABLE 022. NORTH AMERICA BLOCKCHAIN AS A SERVICE MARKET, BY APPLICATION (2016-2028)
TABLE 023. NORTH AMERICA BLOCKCHAIN AS A SERVICE MARKET, BY END-USER (2016-2028)
TABLE 024. N BLOCKCHAIN AS A SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 025. EUROPE BLOCKCHAIN AS A SERVICE MARKET, BY COMPONENT (2016-2028)
TABLE 026. EUROPE BLOCKCHAIN AS A SERVICE MARKET, BY APPLICATION (2016-2028)
TABLE 027. EUROPE BLOCKCHAIN AS A SERVICE MARKET, BY END-USER (2016-2028)
TABLE 028. BLOCKCHAIN AS A SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 029. ASIA PACIFIC BLOCKCHAIN AS A SERVICE MARKET, BY COMPONENT (2016-2028)
TABLE 030. ASIA PACIFIC BLOCKCHAIN AS A SERVICE MARKET, BY APPLICATION (2016-2028)
TABLE 031. ASIA PACIFIC BLOCKCHAIN AS A SERVICE MARKET, BY END-USER (2016-2028)
TABLE 032. BLOCKCHAIN AS A SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA BLOCKCHAIN AS A SERVICE MARKET, BY COMPONENT (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA BLOCKCHAIN AS A SERVICE MARKET, BY APPLICATION (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA BLOCKCHAIN AS A SERVICE MARKET, BY END-USER (2016-2028)
TABLE 036. BLOCKCHAIN AS A SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 037. SOUTH AMERICA BLOCKCHAIN AS A SERVICE MARKET, BY COMPONENT (2016-2028)
TABLE 038. SOUTH AMERICA BLOCKCHAIN AS A SERVICE MARKET, BY APPLICATION (2016-2028)
TABLE 039. SOUTH AMERICA BLOCKCHAIN AS A SERVICE MARKET, BY END-USER (2016-2028)
TABLE 040. BLOCKCHAIN AS A SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 041. BAIDU (CHINA): SNAPSHOT
TABLE 042. BAIDU (CHINA): BUSINESS PERFORMANCE
TABLE 043. BAIDU (CHINA): PRODUCT PORTFOLIO
TABLE 044. BAIDU (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. CAPGEMINI (PARIS): SNAPSHOT
TABLE 045. CAPGEMINI (PARIS): BUSINESS PERFORMANCE
TABLE 046. CAPGEMINI (PARIS): PRODUCT PORTFOLIO
TABLE 047. CAPGEMINI (PARIS): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. COGNIZANT (US): SNAPSHOT
TABLE 048. COGNIZANT (US): BUSINESS PERFORMANCE
TABLE 049. COGNIZANT (US): PRODUCT PORTFOLIO
TABLE 050. COGNIZANT (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. CONSENSYS(US): SNAPSHOT
TABLE 051. CONSENSYS(US): BUSINESS PERFORMANCE
TABLE 052. CONSENSYS(US): PRODUCT PORTFOLIO
TABLE 053. CONSENSYS(US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. DELOITTE(UK): SNAPSHOT
TABLE 054. DELOITTE(UK): BUSINESS PERFORMANCE
TABLE 055. DELOITTE(UK): PRODUCT PORTFOLIO
TABLE 056. DELOITTE(UK): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. EY (UK): SNAPSHOT
TABLE 057. EY (UK): BUSINESS PERFORMANCE
TABLE 058. EY (UK): PRODUCT PORTFOLIO
TABLE 059. EY (UK): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. IBM (US): SNAPSHOT
TABLE 060. IBM (US): BUSINESS PERFORMANCE
TABLE 061. IBM (US): PRODUCT PORTFOLIO
TABLE 062. IBM (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. MICROSOFT (US): SNAPSHOT
TABLE 063. MICROSOFT (US): BUSINESS PERFORMANCE
TABLE 064. MICROSOFT (US): PRODUCT PORTFOLIO
TABLE 065. MICROSOFT (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. SAP SE (GERMANY): SNAPSHOT
TABLE 066. SAP SE (GERMANY): BUSINESS PERFORMANCE
TABLE 067. SAP SE (GERMANY): PRODUCT PORTFOLIO
TABLE 068. SAP SE (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. ALTOROS (US): SNAPSHOT
TABLE 069. ALTOROS (US): BUSINESS PERFORMANCE
TABLE 070. ALTOROS (US): PRODUCT PORTFOLIO
TABLE 071. ALTOROS (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. VECHAIN FOUNDATION (CHINA): SNAPSHOT
TABLE 072. VECHAIN FOUNDATION (CHINA): BUSINESS PERFORMANCE
TABLE 073. VECHAIN FOUNDATION (CHINA): PRODUCT PORTFOLIO
TABLE 074. VECHAIN FOUNDATION (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. AMAZON WEB SERVICES (AWS) (US): SNAPSHOT
TABLE 075. AMAZON WEB SERVICES (AWS) (US): BUSINESS PERFORMANCE
TABLE 076. AMAZON WEB SERVICES (AWS) (US): PRODUCT PORTFOLIO
TABLE 077. AMAZON WEB SERVICES (AWS) (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. R3 (US): SNAPSHOT
TABLE 078. R3 (US): BUSINESS PERFORMANCE
TABLE 079. R3 (US): PRODUCT PORTFOLIO
TABLE 080. R3 (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. ORACLE (US): SNAPSHOT
TABLE 081. ORACLE (US): BUSINESS PERFORMANCE
TABLE 082. ORACLE (US): PRODUCT PORTFOLIO
TABLE 083. ORACLE (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. HUAWEI (CHINA): SNAPSHOT
TABLE 084. HUAWEI (CHINA): BUSINESS PERFORMANCE
TABLE 085. HUAWEI (CHINA): PRODUCT PORTFOLIO
TABLE 086. HUAWEI (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. HPE (US): SNAPSHOT
TABLE 087. HPE (US): BUSINESS PERFORMANCE
TABLE 088. HPE (US): PRODUCT PORTFOLIO
TABLE 089. HPE (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. BLOCKO (SOUTH KOREA): SNAPSHOT
TABLE 090. BLOCKO (SOUTH KOREA): BUSINESS PERFORMANCE
TABLE 091. BLOCKO (SOUTH KOREA): PRODUCT PORTFOLIO
TABLE 092. BLOCKO (SOUTH KOREA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 092. DRAGONCHAIN (US): SNAPSHOT
TABLE 093. DRAGONCHAIN (US): BUSINESS PERFORMANCE
TABLE 094. DRAGONCHAIN (US): PRODUCT PORTFOLIO
TABLE 095. DRAGONCHAIN (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 095. ACCENTURE (IRELAND): SNAPSHOT
TABLE 096. ACCENTURE (IRELAND): BUSINESS PERFORMANCE
TABLE 097. ACCENTURE (IRELAND): PRODUCT PORTFOLIO
TABLE 098. ACCENTURE (IRELAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 098. WIPRO (INDIA): SNAPSHOT
TABLE 099. WIPRO (INDIA): BUSINESS PERFORMANCE
TABLE 100. WIPRO (INDIA): PRODUCT PORTFOLIO
TABLE 101. WIPRO (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101. INFOSYS (INDIA): SNAPSHOT
TABLE 102. INFOSYS (INDIA): BUSINESS PERFORMANCE
TABLE 103. INFOSYS (INDIA): PRODUCT PORTFOLIO
TABLE 104. INFOSYS (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104. BITFURY (NETHERLANDS): SNAPSHOT
TABLE 105. BITFURY (NETHERLANDS): BUSINESS PERFORMANCE
TABLE 106. BITFURY (NETHERLANDS): PRODUCT PORTFOLIO
TABLE 107. BITFURY (NETHERLANDS): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 107. CRYPTO APIS (BULGARIA): SNAPSHOT
TABLE 108. CRYPTO APIS (BULGARIA): BUSINESS PERFORMANCE
TABLE 109. CRYPTO APIS (BULGARIA): PRODUCT PORTFOLIO
TABLE 110. CRYPTO APIS (BULGARIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 110. OODLES TECHNOLOGIES (INDIA): SNAPSHOT
TABLE 111. OODLES TECHNOLOGIES (INDIA): BUSINESS PERFORMANCE
TABLE 112. OODLES TECHNOLOGIES (INDIA): PRODUCT PORTFOLIO
TABLE 113. OODLES TECHNOLOGIES (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 113. KALEIDO (US): SNAPSHOT
TABLE 114. KALEIDO (US): BUSINESS PERFORMANCE
TABLE 115. KALEIDO (US): PRODUCT PORTFOLIO
TABLE 116. KALEIDO (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 116. BLOQ (US): SNAPSHOT
TABLE 117. BLOQ (US): BUSINESS PERFORMANCE
TABLE 118. BLOQ (US): PRODUCT PORTFOLIO
TABLE 119. BLOQ (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 119. CHAINSTACK (SINGAPORE): SNAPSHOT
TABLE 120. CHAINSTACK (SINGAPORE): BUSINESS PERFORMANCE
TABLE 121. CHAINSTACK (SINGAPORE): PRODUCT PORTFOLIO
TABLE 122. CHAINSTACK (SINGAPORE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 122. CRYPTOWERK (US): SNAPSHOT
TABLE 123. CRYPTOWERK (US): BUSINESS PERFORMANCE
TABLE 124. CRYPTOWERK (US): PRODUCT PORTFOLIO
TABLE 125. CRYPTOWERK (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 125. MORPHEUS LABS (SINGAPORE): SNAPSHOT
TABLE 126. MORPHEUS LABS (SINGAPORE): BUSINESS PERFORMANCE
TABLE 127. MORPHEUS LABS (SINGAPORE): PRODUCT PORTFOLIO
TABLE 128. MORPHEUS LABS (SINGAPORE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 128. SHIPCHAIN (SOUTH CAROLINA): SNAPSHOT
TABLE 129. SHIPCHAIN (SOUTH CAROLINA): BUSINESS PERFORMANCE
TABLE 130. SHIPCHAIN (SOUTH CAROLINA): PRODUCT PORTFOLIO
TABLE 131. SHIPCHAIN (SOUTH CAROLINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 131. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 132. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 133. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 134. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. BLOCKCHAIN AS A SERVICE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. BLOCKCHAIN AS A SERVICE MARKET OVERVIEW BY COMPONENT
FIGURE 012. TOOLS MARKET OVERVIEW (2016-2028)
FIGURE 013. SERVICES MARKET OVERVIEW (2016-2028)
FIGURE 014. BLOCKCHAIN AS A SERVICE MARKET OVERVIEW BY APPLICATION
FIGURE 015. SUPPLY CHAIN MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 016. PAYMENTS MARKET OVERVIEW (2016-2028)
FIGURE 017. RISK & COMPLIANCE MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 018. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 019. BLOCKCHAIN AS A SERVICE MARKET OVERVIEW BY END-USER
FIGURE 020. BFSI MARKET OVERVIEW (2016-2028)
FIGURE 021. HEALTHCARE & LIFE SCIENCES MARKET OVERVIEW (2016-2028)
FIGURE 022. GOVERNMENT MARKET OVERVIEW (2016-2028)
FIGURE 023. RETAIL & CONSUMER GOODS MARKET OVERVIEW (2016-2028)
FIGURE 024. OTHER END-USER MARKET OVERVIEW (2016-2028)
FIGURE 025. NORTH AMERICA BLOCKCHAIN AS A SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. EUROPE BLOCKCHAIN AS A SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. ASIA PACIFIC BLOCKCHAIN AS A SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. MIDDLE EAST & AFRICA BLOCKCHAIN AS A SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. SOUTH AMERICA BLOCKCHAIN AS A SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Blockchain as a Service (BaaS) Market research report?

The forecast period in the Blockchain as a Service (BaaS) Market research report is 2023-2030.

Who are the key players in Blockchain as a Service (BaaS) Market?

Cognizant (U.S.),  Consensys (U.S.), IBM (U.S.), Microsoft (U.S.),Altoros (U.S.),  HPE (U.S.), Amazon Web Services (AWS) (U.S.), R3 (U.S.), Oracle (U.S.), Dragonchain (U.S.),  Cryptowerk (U.S.),Altoros (U.S.), Oodles Technologies (India), Wipro (India), Infosys (India), VeChain Foundation (China), Huawei (China), Baidu (China), Chainstack (Singapore), Morpheus Labs (Singapore), Deloitte (UK),  EY (UK),SAP SE (Germany),BLOCKO (South Korea), Accenture (Ireland), BitFury (Netherlands), Capgemini (Paris), Crypto APIs (Bulgaria), Shipchain (South Carolina), and other major players.

What are the segments of the Blockchain as a Service (BaaS) Market?

The Blockchain as a Service (BaaS) Market is segmented into Component, Application, End-User, and region. By Component, the market is categorized into Tools, Services. By Application, the market is categorized into Supply Chain Management, Payments, Risk & Compliance Management, Others. By End-User, the market is categorized into BFSI, Healthcare & Life Sciences, Government, Retail & Consumer Goods, Other End-User. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Blockchain as a Service (BaaS) Market?

Blockchain-as-a-Service (BaaS) involves the creation, management and maintenance of cloud-based networks for companies that design, develop and build blockchain applications. The emergence of the BaaS model has signalled an important step in the evolution of blockchain technology as it indicates a step away from the initial use case of blockchain, cryptocurrency, marking the expansion of the technology in other areas.

How big is the Blockchain as a Service (BaaS) Market?

Global Blockchain as a Service (BaaS) Market size is expected to grow from USD 3.91 Billion in 2022 to USD 140.79 Billion by 2030, at a CAGR of 56.5% during the forecast period (2023–2030).