Soaring Demand Set to Propel Blockchain In Telecom Market to $10.36 Billion by 2029

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How Large Will the Blockchain In Telecom Market Size By 2025?
The scale of the telecom blockchain market has seen a remarkable increase in the past few years. It is predicted to surge from $1.76 billion in 2024 to an astounding $2.5 billion in 2025, reflecting a compound annual growth rate (CAGR) of 42.5%. This remarkable expansion during the historical period is attributable to the rising demand for secure transactions, the increased adoption of fifth-generation technology, the implementation of blockchain to prevent fraud, the growing requirement for transparent billing methods, and an increased emphasis on managing decentralized networks.

How Big Is the Blockchain In Telecom Market Size Expected to Grow by 2029?
Expectations are high for the blockchain in telecom market size to experience significant growth in the coming years. The market is predicted to expand to $10.36 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 42.6%. This growth over the forecast period can be tied back to several factors. These include a heightened integration of blockchain with IoT, a surge in the demand for advanced data security, the adoption of smart contracts for telecom processes, a growing emphasis on automation and efficiency, and an uptick in investment in blockchain-oriented telecom solutions. Key trends projected for the forecast period involve progress in blockchain-driven telecom billing systems, the sophisticated deployment of decentralized applications, the advent of blockchain-based identity management solutions, the fusion of blockchain with network slicing, and the evolution of smart contract-enabled service automation.

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Which Key Market Drivers Powering Blockchain In Telecom Market Expansion and Growth?
The escalation in the digitization of the telecom industry is anticipated to fuel the growth of the blockchain in the telecom market in the future. Telecom digitization is the conversion of traditional communication systems into digital networks, enabling swifter, more effective services driven by data. The catalyst behind this digitization is the rising demand for high-speed data, as consumers want continuous connectivity for streaming, remote working, and digital services. The digitization of telecom catalyzes the expansion of blockchain technology by enhancing security, transparency, and automation. With the assistance of 5G, IoT, and smart contracts, blockchain simplifies billing, identity handling, and data security, promoting an efficacious telecom ecosystem. For instance, Ericsson, a Sweden-based firm that specializes in networking and telecom, forecasted in June 2024 that the global 5G population coverage outside mainland China will witness a substantial increase, surging from 40% at the end of 2023 to 80% towards the end of 2029. Thus, the advance in telecom digitization is catalyzing the expansion of the blockchain in the telecom market.

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Which Fast-Growing Trends Are Poised to Disrupt the Blockchain In Telecom Market?
Key players in the blockchain in telecom market are forming strategic alliances to strengthen transparency, efficiency, and security in their telecom services. Strategic partnerships allow corporations to leverage each other's advantages for mutual growth while retaining their independence, enabling them to broaden their markets, share practical resources, spark innovation, and reach their long-term objectives. A case in point is the alliance formed in January 2025 between Jio Platforms, a technology firm based in India, and Polygon Protocols, another India-based application development blockchain platform. Their goal is to launch Web3 blockchain solutions in India, integrating Web3 features into JPL's existing apps and services to enrich the digital experience of Jio's 450 million-plus client base. Jio aims to utilise Polygon's sophisticated blockchain technology to deliver avant-garde services, giving users improved control over their data and access to decentralized apps. This alliance is a critical step forward in Jio's path to digital supremacy.

What Are the Emerging Segments in the Blockchain In Telecom Market?
The blockchain in telecommarket 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)

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Who Are the Global Leaders 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.

Which are the Top Profitable Regional Markets for 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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