Blockchain in Telecom Market Size, Share, and Forecast by 2031
Blockchain in Telecom Market: Strategic Insights
Blockchain in Telecom Market
-
CAGR (2024 - 2031)55.4% -
Market Size 2023
US$ 1.20 billion -
Market Size 2031
US$ 40.81 billion
Market Dynamics
GROWTH DRIVERS
- Need for secure data management
- Demand for transparency in telecom billing
FUTURE TRENDS
- Use of smart contracts in telecom
- Development of decentralized applications
OPPORTUNITIES
- Expansion in data management services
- Integration in 5G networks
Key Players
- Blockchain Foundry Inc
- SpinSys TBCASoft Inc
- Microsoft Corporation
- Huawei Technologies Co Ltd
- Auxesis Group
- Oracle Corporation
- RecordsKeeper
- BlockCypher Inc
- SAP SE
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Enterprise Size
- SMEs
- Large Enterprises
Application
- Identity Management
- Payment and Billing
- Smart Contract
- Connectivity Provisioning