India Development News & Foreign Investment Opportunities

Blockchain’s 2019-25 CAGR at 47.3%

Market size US$4,348.3 million

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Market size US$4,348.3 million

Blockchain spend in India is expected to record a CAGR of 47.3%, increasing from US$289 million in 2019 to reach US$4,348.3 million by 2025.

It has increased at 103.4% during 2018 to reach US$154.8 million, said a ResearchAndMarket report “India Blockchain Business Opportunities and Outlook Databook Series (2016-2025) – Blockchain Market Size / Spending Across 11 Sectors, 75+ Application Segments, Type of Blockchain, and Technology (Applications, Services, Hardware)”.

The report analyzes market opportunities and risks in blockchain technology and its applications in over 75 areas across 11 industries in India. fiinews.com

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