Asia Pacific Blockchain Technology Market Size & Outlook
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Asia Pacific blockchain technology market highlights
- The Asia Pacific blockchain technology market generated a revenue of USD 6,143.8 million in 2024.
- The market is expected to grow at a CAGR of 91.8% from 2025 to 2030.
- In terms of segment, public cloud was the largest revenue generating type in 2024.
- Public Cloud is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 6,143.8 million |
| Market revenue in 2030 | USD 296,614.2 million |
| Growth rate | 91.8% (CAGR from 2025 to 2030) |
| Largest segment | Public cloud |
| Fastest growing segment | Public Cloud |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Public Cloud, Private Cloud, Hybrid Cloud |
| Key market players worldwide | International Business Machines Corp, Microsoft Corp, The Linux Foundation, Deloitte, Global Arena Holding Inc, Ripple India |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.6% of the global blockchain technology market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 296,614.2 million by 2030.
Cryptocurrency has been regulated in APAC countries such as Singapore, Hong Kong, Japan, Thailand, and Malaysia. In November 2018, the Securities and Futures Commission of Hong Kong revealed its framework for licensing crypto exchange.
Japan is expected to have a blockchain-based stock exchange by 2022. In January 2021, SBI Holdings announced its partnership with Sumitomo Mitsui Financial Group to launch a digital stock exchange, which would enable investors to use blockchain technology for trading digitally.
In 2018, the government of Japan introduced a sandbox regime to fuel the introduction of innovative technologies such as blockchain, IoT, and artificial intelligence in transportation, healthcare, and financial services. The use of blockchain among hospitals is growing in Asia Pacific.
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Blockchain Technology Market Scope
Blockchain Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Deloitte | View profile | 10001+ | London, England, United Kingdom, Europe | www2.deloitte.com |
| Ripple India | View profile | 11-50 | Hyderabad, Andhra Pradesh, India, Asia | www.rippleindia.in |
| The Linux Foundation | View profile | 51-100 | San Francisco, California, United States, North America | www.linux.com/ |
| Global Arena Holding Inc | View profile | 4 | 208 East 51 Street, Suite 112, New York, NY, United States, 10022 | www.globalarenaholding.com |
Asia Pacific Blockchain Technology Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Blockchain Technology Market Outlook will help companies and investors design strategic landscapes.
Public Cloud was the largest segment with a revenue share of 114.05% in 2024.
Horizon Databook has segmented the Asia Pacific blockchain technology market based on public cloud, private cloud, hybrid cloud covering the revenue growth of each sub-segment from 2018 to 2030.
Cryptocurrency has been regulated in APAC countries such as Singapore, Hong Kong, Japan, Thailand, and Malaysia. In November 2018, the Securities and Futures Commission of Hong Kong revealed its framework for licensing crypto exchange.
Japan is expected to have a blockchain-based stock exchange by 2022. In January 2021, SBI Holdings announced its partnership with Sumitomo Mitsui Financial Group to launch a digital stock exchange, which would enable investors to use blockchain technology for trading digitally.
In 2018, the government of Japan introduced a sandbox regime to fuel the introduction of innovative technologies such as blockchain, IoT, and artificial intelligence in transportation, healthcare, and financial services. The use of blockchain among hospitals is growing in Asia Pacific.
- Asia Pacific Blockchain Technology Market Type Outlook (Revenue, USD Million , 2018-2030)
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Asia Pacific Blockchain Technology Market Component Outlook (Revenue, USD Million , 2018-2030)
- Application & Solution
- Infrastructure & Protocols
- Middleware
- Asia Pacific Blockchain Technology Market Application Outlook (Revenue, USD Million , 2018-2030)
- Digital Identity
- Exchanges
- Payments
- Smart Contracts
- Supply Chain Management
- Others
- Asia Pacific Blockchain Technology Market Enterprise Size Outlook (Revenue, USD Million , 2018-2030)
- Large Enterprises
- Small & Medium Enterprises
- Asia Pacific Blockchain Technology Market End-use Outlook (Revenue, USD Million , 2018-2030)
- Financial Services
- Government
- Healthcare
- Media & Entertainment
- Retail
- Transportation & Logistics
- Travel
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Blockchain Technology Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Blockchain Technology Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Blockchain Technology Market, 2018-2030 (US$M)
Asia Pacific blockchain technology market statistics, by type, 2018-2030 (US$M)
