Blockchain Interoperability Market Size

  • Report ID: 5868
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Blockchain Interoperability Market Size

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.


Blockchain Interoperability Market
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Author Credits:  Abhishek Verma


  • Report ID: 5868
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of blockchain interoperability is assessed at USD 456.86 million.

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. The market growth is owing to surge in IoT connected devices, growing use of blockchain interoperability in hospitals, and rise in use of decentralized finance.

North America industry is predicted to dominate majority revenue share of 30% by 2037, due to growing number of key vendors in the field of blockchain interoperability.

The major players in the market are Accenturr, LeewayHertz, Oracle Corporation, R3, and others.
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