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How Has the Blockchain In Telecom Market Grown from 2024 to 2025?

The blockchain in the telecom market sphere has experienced significant expansion in the recent past. The market, which was worth $1.76 billion in 2024, is projected to rise to $2.52 billion in 2025, indicating a compound annual growth rate (CAGR) of 43.4%. Factors such as ever-increasing needs for secure transactions, the prevalent adoption of 5G technology, use of blockchain to combat fraud, a growing emphasis on clear billing systems, and increased attention to decentralized network management have all contributed to the observed growth in the historic period.

What Growth Rate Is Anticipated for the Blockchain In Telecom Market in the Coming Years?

The market size of blockchain in telecom is predicted to experience significant expansion in the upcoming years, reaching a value of $10.58 billion by 2029 with a compound annual growth rate (CAGR) of 43.1%. The growth during this predicted period is due to factors including the integration of blockchain with IoT, increasing need for advanced data security, implementation of smart contracts in telecom operations, a greater emphasis on automation and efficiency, and a rise in investment in blockchain-powered telecom solutions. Key trends during the forecast period comprise improvements in blockchain-driven telecom billing systems, sophisticated deployment of decentralized applications, the creation of blockchain-integrated identity management solutions, the merging of blockchain with network slicing, and the evolution of smart contract-enabled service automation.

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Who Are the Leading Companies in the Blockchain In Telecom Market?

Major companies operating in the blockchain in telecom market are Microsoft Corporation, Verizon Communications Inc., Deutsche Telekom AG, Huawei Technologies Co. Ltd., Deloitte Touche Tohmatsu Limited (Deloitte), Accenture plc, Orange S.A., Oracle Corporation, Nokia Corporation, British Telecommunications Group, Ericsson, Infosys Limited, Bharti Airtel Limited, Telstra Corporation Limited, Wipro Limited, Cegeka Group, Sigma Telecom LLC, Subex Limited, Zeeve Inc., TBCASoft Inc., Webisoft.

What Are the Key Drivers of the Blockchain In Telecom Market?

The proliferation of the telecom sector’s digitization is anticipated to instigate the expansion of the blockchain in telecom market. Telecom digitization denotes the shift from conventional communication frameworks to digital setups, which facilitates rapid, more productive, and data-focused facilities. It is stimulated by the escalating demand for high-velocity data, with users requiring smooth connectivity for streaming, telecommuting, and digital amenities. Blockchain adoption is amplified in telecom digitization due to its enhancement of safety, clarity, and automation. Blockchain, in collaboration with 5G, IoT, and smart contracts, simplifies billing, identity confirmation, and data safety, fostering a more robust telecom ecosystem. As an illustration, in June 2024, Ericsson, a company from Sweden recognized for its expertise in networking and telecommunications, projected that the worldwide 5G population coverage outside mainland China will increase considerably, ascending from 40% at the close of 2023 to 80% by the end of 2029. Therefore, the digitization of the telecom sector is contributing to the advancement of the blockchain in the telecom market.

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What Are the Key Market Segments in the Blockchain In Telecom Industry?

The blockchain in telecom market covered in this report is segmented –

1) By Deployment Type: On-Premise, Cloud-Based

2) By Provider: Application Providers, Middleware Providers, Infrastructure Providers

3) By Organization Size: Small And Medium-Sized Enterprises, Large Enterprises

4) By Application: Identity Management , Payment and Billing, Smart Contract , Connectivity Provisioning, Other Application

Subsegments:

1) By On-Premise: Private Blockchain Infrastructure, Internal Data Center Integration, Customized Security Protocols, Dedicated Hardware and Network Infrastructure

2) By Cloud-Based: Public Cloud, Private Cloud, Hybrid Cloud, Blockchain-As-A-Service (BaaS)

What Are the Latest Trends in the Blockchain In Telecom Market?

Prominent corporations in the blockchain in telecom industry are establishing strategic alliances to boost security, transparency, and effectiveness in telecom operations. This kind of partnership is a collaborative pact between corporations wherein they leverage each other’s strengths for mutual expansion and gaining a competitive advantage. This arrangement facilitates businesses to extend their markets, pool resources, spark innovation, and meet long-term objectives, all while maintaining independence. For example, in January 2025, Jio Platforms, an India-based tech firm, entered into a collaboration with Polygon Protocols, an Indian blockchain platform meant for application creation, to roll out Web3 blockchain solutions on Indian soil. The purpose of this alliance is to integrate Web3 functionalities into JPL’s existing apps and services, thus enriching the digital experience of Jio’s 450 million plus consumers. By capitalizing on Polygon’s superior blockchain technology, Jio plans to deliver innovative services which give users more control over their personal data and easier access to decentralized apps. This partnership symbolises a crucial step in Jio’s pursuit of digital supremacy.

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What Are the Key Regional Markets in the Blockchain In Telecom Industry?

North America was the largest region in the blockchain in telecom market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blockchain in telecom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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This Report Delivers Insight On:

1. How big is the blockchain in telecom market, and how is it changing globally?

2. Who are the major companies in the blockchain in telecom market, and how are they performing?

3. What are the key opportunities and risks in the blockchain in telecom market right now?

4. Which products or customer segments are growing the most in the blockchain in telecom market?

5. What factors are helping or slowing down the growth of the blockchain in telecom market?

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