Blockchain Interoperability Market size was over USD 375.46 million in 2024 and is anticipated to reach USD 8.48 billion by the end of 2037, witnessing around 27.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of blockchain interoperability is assessed at USD 456.86 million. This growth of the market is poised to be dominated by growing demand for DApps. In 2022, the number of users utilizing DApps rose to over 2 million in the globe. Therefore, the market demand for blockchain interoperability is also estimated to grow. Blockchain interoperability is thought to be useful for developing cross-chain decentralized apps (DApps), which enable a single dApp to function across many smart contracts on distinct blockchains.
Moreover, another main factor driving the market for blockchain interoperability is the expansion of blockchain alliances and consortiums. These collaborative projects bring together companies, startups, and technology providers to develop interoperability standards, protocols, and solutions. Additionally, they encourage information exchange and best practices, which progress the development and use of blockchain interoperability technology.
Author Credits: Abhishek Verma
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