The Blockchain Interoperability Market was valued at USD 200 million in 2023, and is predicted to reach a global market valuation of USD 3 billion by 2034, rising at a staggering CAGR of 27.5% from 2024 to 2034.
The market for blockchain interoperability is being driven in part by the growing demand for non-fungible tokens, or NFTs. Interoperability solutions are becoming more and more necessary as NFTs become more and more popular in a variety of industries, including gaming, art, and collectibles.
This is because NFTs allow for the easy transfer and trading of unique digital assets across multiple blockchain platforms.
Key Factors Motivating Use of Blockchain Interoperability
Report Attribute | Details |
---|---|
Estimated Market Value in 2023 | USD 200 million |
Expected Market Value in 2024 | USD 261 million |
Projected Forecast Value in 2034 | USD 3 billion |
Anticipated Growth Rate from 2024 to 2034 | 27.5% CAGR |
The global demand for the blockchain interoperability market was estimated to reach a valuation of USD 100 million in 2019, according to a report from Future Market Insights. From 2019 to 2023, sales witnessed significant growth in the blockchain interoperability market, registering a stellar CAGR of 31%.
Historical CAGR from 2019 to 2023 | 31% |
---|---|
Forecast CAGR from 2024 to 2034 | 27.5% |
The market for blockchain interoperability is driven by the growing need for decentralized exchanges (DEXs) and cross-chain asset swaps. Consumers who manage digital assets across many blockchain networks look for autonomy and liquidity. The creation of interoperability solutions, which enable smooth asset movement and exchange between various platforms, is fueled by this need.
Some important factors that will boost the market growth through 2034 are:
Rising Popularity of DeFi Apps to boost Demand
The market for blockchain interoperability is being driven in part by the growing popularity of decentralized financial (DeFi) applications. Interoperability solutions are becoming more and more necessary as DeFi gains popularity in order to facilitate asset transfers and smooth communication between various blockchain networks.
DeFi protocols require interoperability in order to access a wider variety of assets and liquidity pools. This promotes the growth of the blockchain interoperability market and allows for the development of novel financial services.
Growth of Blockchain Alliances and Consortiums to bolster demand Globally
The growth of blockchain alliances and consortiums is a major factor propelling the market for blockchain interoperability. To create interoperability standards, protocols, and solutions, these cooperative projects bring together industry players, including businesses, startups, and technology suppliers.
Blockchain consortiums promote the adoption of interoperable solutions and drive market growth by promoting collaboration and shared innovation. They also promote best practices and information sharing, which advances the creation and application of blockchain interoperability technology.
Regulatory Uncertainties and Scalability Issues to Impede the Market Growth
Interoperability attempts may be hampered by adoption difficulties brought forth by conflicting standards and unclear regulations. Technical difficulties including security flaws and scalability problems might impede the creation and application of interoperable solutions.
Cooperation across diverse blockchain networks and stakeholders is necessary for interoperability, which may provide governance and coordination issues. Effectively overcoming these challenges is essential to guaranteeing the market for blockchain interoperability continues to expand.
This section focuses on providing detailed analysis of two particular market segments for blockchain interoperability, the dominant solution type and the significant application type. The two main segments discussed below are cross-chain bridging and dApps.
Solution | Cross-chain Bridging |
---|---|
CAGR from 2024 to 2034 | 27.3% |
During the forecast period, the cross-chain bridging segment is likely to garner a 27.3% CAGR. Since cross-chain bridging may resolve interoperability issues across different blockchain networks, it is the best option available globally.
Through the smooth movement of assets and communication across chains, cross-chain bridging improves the functionality, accessibility, and liquidity of the blockchain ecosystem.
By encouraging cooperation and integration amongst many platforms, this approach opens up new possibilities for supply chain management, decentralized finance, and other applications. Cross-chain bridging is becoming an increasingly important means of enabling blockchain interoperability as the need for cross-chain functionality increases.
Application | dApps |
---|---|
Market Share in 2024 | 50.9% |
In 2024, the dApps segment is likely to acquire a 52.3% global market share. The inherent benefits of decentralized apps (dApps) will likely cause them to dominate the market. They support the principles of blockchain technology by providing transparency, immutability, and resistance to censorship. Decentralized applications (dApps) remove middlemen, saving money and improving productivity.
dApps make it possible for transactions to be automated and trustless with programmable smart contracts. dApps are becoming the go-to option for a wide range of applications, from supply chain management to finance, as the need for decentralized solutions increases. This is propelling dApps' dominance in the market by application type.
The markets for blockchain interoperability in a few significant countries, including the United States, the United Kingdom, China, Japan, and South Korea, will be covered in detail in this section. This section will concentrate on the major variables that are increasing the demand in these nations for blockchain interoperability.
Countries | Forecast CAGR from 2024 to 2034 |
---|---|
The United States | 27.7% |
The United Kingdom | 29% |
China | 28% |
Japan | 28.2% |
South Korea | 29.2% |
The United States blockchain interoperability landscape is anticipated to gain a CAGR of 27.7% through 2034. The United States has a diversified blockchain atmosphere, with tech-heavy areas like Austin, New York City, as well as San Francisco serving as innovation hotspots.
This dynamic ecosystem encourages investment, cooperation, and entrepreneurship, which propels the creation of revolutionary blockchain solutions across a range of sectors.
Numerous regulatory agencies oversee the complicated regulatory environment in the United States around cryptocurrencies and blockchain technology. While this complexity presents issues, it also provides opportunity for regulatory clarity and innovation as authorities strive to find a balance between promoting innovation and safeguarding consumers.
The market in the United Kingdom is expected to expand with a 29% CAGR through 2034. The United Kingdom is positioning itself as a centre of regulatory innovation for companies involved in blockchain and cryptocurrencies.
The United Kingdom offers a favorable regulatory framework for blockchain enterprises to flourish and evolve, including programs like the Financial Conduct Authority's (FCA) regulatory sandbox, which enables entrepreneurs to test novel products in a supervised setting.
The country has a long history of being a leader in blockchain and distributed ledger technology (DLT) academia. Prominent academic institutions like Imperial College London and the University of Cambridge aggressively pursue blockchain research and work with business partners to spur innovation.
This academic environment promotes a vibrant flow of knowledge and skills, strengthening the United Kingdom's standing as a leading hub for blockchain innovation and knowledge globally.
The blockchain interoperability ecosystem in China is anticipated to develop with a 28% CAGR from 2024 to 2034. China leads in blockchain infrastructure, accounting for a sizable portion of the global blockchain patents and hosting several of the major blockchain platforms and mining activities. Due to its advanced technology and extensive internet connectivity, the nation is well-positioned to develop and use blockchain technology on a large scale.
China is seeing a rise in innovative blockchain applications, especially in the domains of government services, digital identification, and supply chain management.
Companies and governmental organizations are using blockchain technology to increase efficiency, traceability, and transparency across a range of industries, demonstrating the creative approach of China to the adoption and application of blockchain technology.
The blockchain interoperability industry in Japan is anticipated to reach a 28.2% CAGR from 2024 to 2034. Japan has developed precise legislation pertaining to blockchain technology and cryptocurrencies, giving investors and companies’ confidence. The encouraging outlook encourages investment and creativity in blockchain initiatives, which helps the sector expand.
The robust history of industry-academia partnership in Japan fosters innovation in blockchain technology. In order to develop innovative blockchain solutions, universities and research centers collaborate closely with companies, making use of the abundant talent and knowledge base of the region.
The blockchain interoperability ecosystem in South Korea is likely to evolve with a 29.2% CAGR during the forecast period. The government of South Korea actively supports blockchain projects by providing financing and providing clear regulations, creating an atmosphere that encourages innovation.
Blockchain technology has been adopted by South Korean industries including banking and gambling, which has accelerated the integration of technology into other applications and market development.
With its highly qualified workforce and innovative technological infrastructure, South Korea offers a strong platform for the development and implementation of blockchain solutions. This strong infrastructure helps blockchain firms flourish and makes it easier to deploy blockchain ideas in a variety of sectors.
Companies in the global market for blockchain interoperability are developing technologies to connect various blockchain networks and facilitate asset transfers and smooth communication between them.
They concentrate on developing middleware, decentralized exchanges, and interoperability protocols that enable data sharing, smart contract execution, and cross-chain transactions.
These companies seek to solve issues with interoperability, security, and scalability in order to promote the broad use of blockchain technology. Through facilitating interoperability, they open up new avenues for decentralized finance, identity verification, supply chain management, and other applications, spurring efficiency and creativity across a range of sectors globally. The key players in this market include:
Significant advancements in the blockchain interoperability market are being made by key market participants, and these include:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 27.5% from 2024 to 2034 |
Market value in 2024 | USD 261 million |
Market value in 2034 | USD 3 billion |
Base Year for Estimation | 2023 |
Historical Data | 2019 to 2023 |
Forecast Period | 2024 to 2034 |
Quantitative Units | USD billion for value |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Solution, Application, Vertical, Region |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa |
Countries Profiled | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
Key Companies Profiled | Oracle Corporation; R3; LeewayHertz; Ontology; INERY PTE. LTD.; Datachain Inc.; Quant Network Limited; Band protocol; LiquidApps; Orb Labs |
Customization Scope | Available on Request |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2023
Table 2: Global Market Value (US$ Million) Forecast by Solution, 2019 to 2023
Table 3: Global Market Value (US$ Million) Forecast by Application, 2019 to 2023
Table 4: Global Market Value (US$ Million) Forecast by Vertical, 2019 to 2023
Table 5: North America Market Value (US$ Million) Forecast by Country, 2019 to 2023
Table 6: North America Market Value (US$ Million) Forecast by Solution, 2019 to 2023
Table 7: North America Market Value (US$ Million) Forecast by Application, 2019 to 2023
Table 8: North America Market Value (US$ Million) Forecast by Vertical, 2019 to 2023
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2023
Table 10: Latin America Market Value (US$ Million) Forecast by Solution, 2019 to 2023
Table 11: Latin America Market Value (US$ Million) Forecast by Application, 2019 to 2023
Table 12: Latin America Market Value (US$ Million) Forecast by Vertical, 2019 to 2023
Table 13: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2023
Table 14: Western Europe Market Value (US$ Million) Forecast by Solution, 2019 to 2023
Table 15: Western Europe Market Value (US$ Million) Forecast by Application, 2019 to 2023
Table 16: Western Europe Market Value (US$ Million) Forecast by Vertical, 2019 to 2023
Table 17: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2023
Table 18: Eastern Europe Market Value (US$ Million) Forecast by Solution, 2019 to 2023
Table 19: Eastern Europe Market Value (US$ Million) Forecast by Application, 2019 to 2023
Table 20: Eastern Europe Market Value (US$ Million) Forecast by Vertical, 2019 to 2023
Table 21: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2023
Table 22: South Asia and Pacific Market Value (US$ Million) Forecast by Solution, 2019 to 2023
Table 23: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2019 to 2023
Table 24: South Asia and Pacific Market Value (US$ Million) Forecast by Vertical, 2019 to 2023
Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2023
Table 26: East Asia Market Value (US$ Million) Forecast by Solution, 2019 to 2023
Table 27: East Asia Market Value (US$ Million) Forecast by Application, 2019 to 2023
Table 28: East Asia Market Value (US$ Million) Forecast by Vertical, 2019 to 2023
Table 29: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2023
Table 30: Middle East and Africa Market Value (US$ Million) Forecast by Solution, 2019 to 2023
Table 31: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2019 to 2023
Table 32: Middle East and Africa Market Value (US$ Million) Forecast by Vertical, 2019 to 2023
Figure 1: Global Market Value (US$ Million) by Solution, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Application, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Vertical, 2024 to 2034
Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2023
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Solution, 2019 to 2023
Figure 9: Global Market Value Share (%) and BPS Analysis by Solution, 2024 to 2034
Figure 10: Global Market Y-o-Y Growth (%) Projections by Solution, 2024 to 2034
Figure 11: Global Market Value (US$ Million) Analysis by Application, 2019 to 2023
Figure 12: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 13: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 14: Global Market Value (US$ Million) Analysis by Vertical, 2019 to 2023
Figure 15: Global Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034
Figure 16: Global Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034
Figure 17: Global Market Attractiveness by Solution, 2024 to 2034
Figure 18: Global Market Attractiveness by Application, 2024 to 2034
Figure 19: Global Market Attractiveness by Vertical, 2024 to 2034
Figure 20: Global Market Attractiveness by Region, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Solution, 2024 to 2034
Figure 22: North America Market Value (US$ Million) by Application, 2024 to 2034
Figure 23: North America Market Value (US$ Million) by Vertical, 2024 to 2034
Figure 24: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2019 to 2023
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 28: North America Market Value (US$ Million) Analysis by Solution, 2019 to 2023
Figure 29: North America Market Value Share (%) and BPS Analysis by Solution, 2024 to 2034
Figure 30: North America Market Y-o-Y Growth (%) Projections by Solution, 2024 to 2034
Figure 31: North America Market Value (US$ Million) Analysis by Application, 2019 to 2023
Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 34: North America Market Value (US$ Million) Analysis by Vertical, 2019 to 2023
Figure 35: North America Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034
Figure 36: North America Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034
Figure 37: North America Market Attractiveness by Solution, 2024 to 2034
Figure 38: North America Market Attractiveness by Application, 2024 to 2034
Figure 39: North America Market Attractiveness by Vertical, 2024 to 2034
Figure 40: North America Market Attractiveness by Country, 2024 to 2034
Figure 41: Latin America Market Value (US$ Million) by Solution, 2024 to 2034
Figure 42: Latin America Market Value (US$ Million) by Application, 2024 to 2034
Figure 43: Latin America Market Value (US$ Million) by Vertical, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2023
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Solution, 2019 to 2023
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Solution, 2024 to 2034
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Solution, 2024 to 2034
Figure 51: Latin America Market Value (US$ Million) Analysis by Application, 2019 to 2023
Figure 52: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 54: Latin America Market Value (US$ Million) Analysis by Vertical, 2019 to 2023
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034
Figure 57: Latin America Market Attractiveness by Solution, 2024 to 2034
Figure 58: Latin America Market Attractiveness by Application, 2024 to 2034
Figure 59: Latin America Market Attractiveness by Vertical, 2024 to 2034
Figure 60: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 61: Western Europe Market Value (US$ Million) by Solution, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) by Application, 2024 to 2034
Figure 63: Western Europe Market Value (US$ Million) by Vertical, 2024 to 2034
Figure 64: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 65: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2023
Figure 66: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 67: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 68: Western Europe Market Value (US$ Million) Analysis by Solution, 2019 to 2023
Figure 69: Western Europe Market Value Share (%) and BPS Analysis by Solution, 2024 to 2034
Figure 70: Western Europe Market Y-o-Y Growth (%) Projections by Solution, 2024 to 2034
Figure 71: Western Europe Market Value (US$ Million) Analysis by Application, 2019 to 2023
Figure 72: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 73: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 74: Western Europe Market Value (US$ Million) Analysis by Vertical, 2019 to 2023
Figure 75: Western Europe Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034
Figure 76: Western Europe Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034
Figure 77: Western Europe Market Attractiveness by Solution, 2024 to 2034
Figure 78: Western Europe Market Attractiveness by Application, 2024 to 2034
Figure 79: Western Europe Market Attractiveness by Vertical, 2024 to 2034
Figure 80: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 81: Eastern Europe Market Value (US$ Million) by Solution, 2024 to 2034
Figure 82: Eastern Europe Market Value (US$ Million) by Application, 2024 to 2034
Figure 83: Eastern Europe Market Value (US$ Million) by Vertical, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 85: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2023
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 88: Eastern Europe Market Value (US$ Million) Analysis by Solution, 2019 to 2023
Figure 89: Eastern Europe Market Value Share (%) and BPS Analysis by Solution, 2024 to 2034
Figure 90: Eastern Europe Market Y-o-Y Growth (%) Projections by Solution, 2024 to 2034
Figure 91: Eastern Europe Market Value (US$ Million) Analysis by Application, 2019 to 2023
Figure 92: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 93: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 94: Eastern Europe Market Value (US$ Million) Analysis by Vertical, 2019 to 2023
Figure 95: Eastern Europe Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034
Figure 96: Eastern Europe Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034
Figure 97: Eastern Europe Market Attractiveness by Solution, 2024 to 2034
Figure 98: Eastern Europe Market Attractiveness by Application, 2024 to 2034
Figure 99: Eastern Europe Market Attractiveness by Vertical, 2024 to 2034
Figure 100: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 101: South Asia and Pacific Market Value (US$ Million) by Solution, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) by Application, 2024 to 2034
Figure 103: South Asia and Pacific Market Value (US$ Million) by Vertical, 2024 to 2034
Figure 104: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 105: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2023
Figure 106: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 107: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 108: South Asia and Pacific Market Value (US$ Million) Analysis by Solution, 2019 to 2023
Figure 109: South Asia and Pacific Market Value Share (%) and BPS Analysis by Solution, 2024 to 2034
Figure 110: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Solution, 2024 to 2034
Figure 111: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2019 to 2023
Figure 112: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 113: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 114: South Asia and Pacific Market Value (US$ Million) Analysis by Vertical, 2019 to 2023
Figure 115: South Asia and Pacific Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034
Figure 116: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034
Figure 117: South Asia and Pacific Market Attractiveness by Solution, 2024 to 2034
Figure 118: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034
Figure 119: South Asia and Pacific Market Attractiveness by Vertical, 2024 to 2034
Figure 120: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 121: East Asia Market Value (US$ Million) by Solution, 2024 to 2034
Figure 122: East Asia Market Value (US$ Million) by Application, 2024 to 2034
Figure 123: East Asia Market Value (US$ Million) by Vertical, 2024 to 2034
Figure 124: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 125: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2023
Figure 126: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 127: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 128: East Asia Market Value (US$ Million) Analysis by Solution, 2019 to 2023
Figure 129: East Asia Market Value Share (%) and BPS Analysis by Solution, 2024 to 2034
Figure 130: East Asia Market Y-o-Y Growth (%) Projections by Solution, 2024 to 2034
Figure 131: East Asia Market Value (US$ Million) Analysis by Application, 2019 to 2023
Figure 132: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 133: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 134: East Asia Market Value (US$ Million) Analysis by Vertical, 2019 to 2023
Figure 135: East Asia Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034
Figure 136: East Asia Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034
Figure 137: East Asia Market Attractiveness by Solution, 2024 to 2034
Figure 138: East Asia Market Attractiveness by Application, 2024 to 2034
Figure 139: East Asia Market Attractiveness by Vertical, 2024 to 2034
Figure 140: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 141: Middle East and Africa Market Value (US$ Million) by Solution, 2024 to 2034
Figure 142: Middle East and Africa Market Value (US$ Million) by Application, 2024 to 2034
Figure 143: Middle East and Africa Market Value (US$ Million) by Vertical, 2024 to 2034
Figure 144: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 145: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2023
Figure 146: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 147: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 148: Middle East and Africa Market Value (US$ Million) Analysis by Solution, 2019 to 2023
Figure 149: Middle East and Africa Market Value Share (%) and BPS Analysis by Solution, 2024 to 2034
Figure 150: Middle East and Africa Market Y-o-Y Growth (%) Projections by Solution, 2024 to 2034
Figure 151: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2019 to 2023
Figure 152: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 153: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 154: Middle East and Africa Market Value (US$ Million) Analysis by Vertical, 2019 to 2023
Figure 155: Middle East and Africa Market Value Share (%) and BPS Analysis by Vertical, 2024 to 2034
Figure 156: Middle East and Africa Market Y-o-Y Growth (%) Projections by Vertical, 2024 to 2034
Figure 157: Middle East and Africa Market Attractiveness by Solution, 2024 to 2034
Figure 158: Middle East and Africa Market Attractiveness by Application, 2024 to 2034
Figure 159: Middle East and Africa Market Attractiveness by Vertical, 2024 to 2034
Figure 160: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The blockchain interoperability market is expected to garner a 27.5% CAGR from 2024 to 2034.
By 2024, the global blockchain interoperability market is likely to gain USD 261 million.
By 2034, the blockchain interoperability market valuation is likely to reach a sum of USD 3 billion.
The blockchain interoperability industry in the United States is likely to garner a 27.7% CAGR during the forecast period.
The cross-chain bridging solution will gain immense popularity and evolve with a 27.3% CAGR through 2034.
The dApps segment by application type is likely to garner a 27.1% CAGR through 2034.
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