Blockchain in Telecom Market

Industry Overview

The Global Blockchain in Telecom Market is projected to reach USD 2.4 billion by 2030, registering a CAGR of 32.9% during the forecast period. Increasing security concerns among telecom companies, and increasing support for operation support system/business support system (OSS/BSS) processes, propelling the growth of the market.

Blockchain in Telecom Market Segmentation

Insight by Provider

The Global Blockchain In The Telecom Market is categorized into middleware provider, application provider, and infrastructure provider on the basis of provider. The application provider category is expected to witness the fastest growth during the forecast period. The growth of this segment is attributed to the increasing adoption of technologically advanced blockchain solutions in retail companies.

Insight by Application

Based on application, The Global Blockchain In The Telecom Market is segmented into operation support system/business support system (OSS/BSS) process, identity management, payments, smart contracts, connectivity provisioning, and others (roaming and digital asset management). Among all these segments, the connectivity provisioning category dominates the market during the forecast period. It covers 5G enablement, IoT connectivity, and M2M connectivity. With the assistance of blockchain technology, administrators can provide device connection to multiple local hotspots and Wi-Fi based on permission.

Insight by Organization Size

On the size of the organization, The Global Blockchain in Telecom Market is segregated into small and medium-sized enterprises and large enterprises. Large enterprises in the telecom sector holds the largest share of this market due to availability of financial resources to invest in and implement blockchain solutions effectively. Large enterprises leverage blockchain to enhance security, streamline billing and settlement processes, and improve consumer trust. They have the capacity to undertake comprehensive blockchain projects and collaborations with other industry leaders, which make them the primary contributors to the growth of the blockchain in telecom market. While small and medium-sized enterprises in the telecom sector may not have the same level of resources.

Global Blockchain in Telecom Market Report Coverage

Industry Dynamics

Trends

Extensive use of blockchain solutions in IoT space across the globe is the key trend observed in the blockchain in the telecom market, globally. Blockchain can enhance the security of telecom networks by providing decentralized and tamper-proof storage of call records, customer identities, and transaction details. It can help prevent fraud, identity theft, and unauthorized access to sensitive information.

Blockchain in Telecom Market Growth Drivers

The global blockchain in the telecom market has been driven by several key factors, including increasing adoption of blockchain from the telecom sector for fraud management, growing cases of fraudulent activities in the telecom sector, increasing need to provide protection against data tempering, and increasing support for operation support system/business support system (OSS/BSS) processes.

Smart Contracts and Billing: Smart contracts, powered by blockchain, can automate and streamline various processes in telecom, including billing and settlement. These self-executing contracts can eliminate intermediaries, reduce disputes, and ensure accurate and transparent billing for services.

Roaming and Identity Management: Blockchain can simplify the management of roaming services by providing a decentralized ledger to securely authenticate and authorize users across different networks. It can enable seamless and secure identity management, reducing administrative overhead and improving the user experience.

Internet of Things (IoT) Connectivity: With the proliferation of IoT devices, blockchain can play a crucial role in enabling secure and scalable connectivity. It can facilitate peer-to-peer device interactions, data sharing, and device identity management, ensuring the integrity and privacy of IoT communications.

Supply Chain Management: Blockchain technology can be leveraged in telecom supply chain management to improve transparency, traceability, and accountability. It can enable real-time tracking of devices, reduce counterfeit products, and streamline the procurement and distribution processes.

Data Monetization and Privacy: Blockchain can empower individuals to have greater control over their personal data and decide how it is shared and monetized. Users can securely share their data with telecom operators, advertisers, or other entities while maintaining privacy and receiving fair compensation.

Blockchain in Telecom Market Restraints

Lack of awareness regarding the blockchain technique is hindering the growth of the blockchain in the telecom market, globally.

Recent Developments By the Key Players

Oracle and Amazon Web Services, Inc. has launched Oracle Database@AWS, a new offering that allows customers to access Oracle Autonomous Database on dedicated infrastructure and Oracle Exadata Database Service within AWS.

BTL EPC Ltd., a flagship company of the Shrachi Group, has acquired MBE Coal & Mineral Technology India Pvt. Ltd. (MBE-CMT), formerly known as Humboldt Wedag India. The acquisition marks a strategic milestone in BTL EPC Ltd's growth journey, with MBE-CMT being merged as a new unit of the company.

Blockchain in Telecom Market Geography Insight

Geographically, North America has accounted for the largest share of blockchain in the telecom market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed to the existence of a large number of players in blockchain technology in the region and also it is considered the most advanced region in terms of advanced technology adoption The wide presence of major industry players in blockchain technology solutions in this region is the key driving factor for the growth of the market. Moreover, Asia-Pacific is expected to witness the fastest growth during the forecast period due to the rise in venture capital funding, the growing number of startups venturing into this market space, and governments focusing on regulating blockchain technology.

Blockchain in Telecom Market Competitive Insight

Some of the key players operating in the global blockchain in telecom market are :

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data and have key opinions from industry experts. The key profiles approached within the industry include CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end-user surveys comprising consumers are also conducted to understand consumer behaviour.

The Blockchain in Telecom Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

• By Provider
  • Middleware Provider
  • Application Provider
  • Infrastructure Provider
• By Application
  • Operation Support System/Business Support System (OSS/BSS) Process
  • Identity Management
  • Payments
  • Smart Contracts
  • Connectivity Provisioning
  • Others
• By Organization Size
  • Small and Medium Enterprises
  • Large Enterprises

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

Source: VynZ Research

1.    Research Overview 

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Provider
                1.2.2.    By Application
                1.2.3.    By Organization Size
                1.2.4.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Size Estimations and Forecast
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Market Definition

        3.1.    By Provider
                3.1.1.    Middleware Provider
                3.1.2.    Application Provider
                3.1.3.    Infrastructure Provider
        3.2.    By Application
                3.2.1.    Operation Support System/Business Support System (OSS/BSS) Process 
                3.2.2.    Identity Management 
                3.2.3.    Payments
                3.2.4.    Smart Contracts
                3.2.5.    Connectivity Provisioning
                3.2.6.    Others
        3.3.    By Organization Size
                3.3.1.    Large Enterprises
                3.3.2.    Small & Medium Enterprises

4.    Industry Overview

        4.1.    Industry Dynamics
                4.1.1.    Market Growth Drivers
                4.1.2.    Market Growth Restraints
                4.1.3.    Key Market Trends
                4.1.4.    Major Opportunities
        4.2.    Industry Ecosystem
                4.2.1.    Porter’s Five Forces Analysis
                4.2.2.    Recent Development Analysis
                4.2.3.    Value Chain Analysis
        4.3.    Competitive Insight
                4.3.1.    Competitive Position of Industry Players
                4.3.2.    Market Attractive Analysis
                4.3.3.    Market Share Analysis

5.    Global Market Estimate and Forecast

        5.1.    By Provider
        5.2.    By Application
        5.3.    By Organization Size
        5.4.    By Region

6.    North America Market Estimate and Forecast

        6.1.    By Provider
        6.2.    By Application
        6.3.    By Organization Size
        6.4.    By Country
                6.4.1.    U.S. Market Estimate and Forecast
                6.4.2.    Canada Market Estimate and Forecast
                6.4.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Provider
        7.2.    By Application
        7.3.    By Organization Size
        7.4.    By Country
                7.4.1.    Germany Market Estimate and Forecast
                7.4.2.    France Market Estimate and Forecast
                7.4.3.    U.K. Market Estimate and Forecast
                7.4.4.    Italy Market Estimate and Forecast
                7.4.5.    Spain Market Estimate and Forecast
                7.4.6.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Provider
        8.2.    By Application
        8.3.    By Organization Size
        8.4.    By Country 
                8.4.1.    China Market Estimate and Forecast
                8.4.2.    Japan Market Estimate and Forecast
                8.4.3.    India Market Estimate and Forecast
                8.4.4.    South Korea Market Estimate and Forecast
                8.4.5.    Australia Market Estimate and Forecast
                8.4.6.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Provider
        9.2.    By Application
        9.3.    By Organization Size
        9.4.    By Country
                9.4.1.    Brazil Market Estimate and Forecast
                9.4.2.    U.A.E. Market Estimate and Forecast
                9.4.3.    Saudi Arabia Market Estimate and Forecast
                9.4.4.    South Africa Market Estimate and Forecast
                9.4.5.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    IBM Corporation
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Ripple
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Amazon Web Services, Inc.
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Microsoft Corporation
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Abra
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Chain Inc.
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    BigchainDB Gmbh
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Ethereum Foundation
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    Earthport PLC
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.    Factom
                10.10.1. Snapshot
                10.10.2. Overview
                10.10.3. Offerings
                10.10.4. Financial Insight
                10.10.5. Recent Developments
        10.11.    BTL Group Ltd.
                10.11.1. Snapshot
                10.11.2. Overview
                10.11.3. Offerings
                10.11.4. Financial Insight
                10.11.5. Recent Developments
        10.12.    Humaniq
                10.12.1. Snapshot
                10.12.2. Overview
                10.12.3. Offerings
                10.12.4. Financial Insight
                10.12.5. Recent Developments
        10.13.    Tierion
                10.13.1. Snapshot
                10.13.2. Overview
                10.13.3. Offerings
                10.13.4. Financial Insight
                10.13.5. Recent Developments
        10.14.    BlockCypher Inc.
                10.14.1. Snapshot
                10.14.2. Overview
                10.14.3. Offerings
                10.14.4. Financial Insight
                10.14.5. Recent Developments
        10.15.    AlphaPoint
                10.15.1. Snapshot
                10.15.2. Overview
                10.15.3. Offerings
                10.15.4. Financial Insight
                10.15.5. Recent Developments
        10.16.    Bitfury Group Limited
                10.16.1. Snapshot
                10.16.2. Overview
                10.16.3. Offerings
                10.16.4. Financial Insight
                10.16.5. Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1  Sources
Table 2  Study Periods
Table 3  Data Reporting Unit
Table 4  Global Blockchain Market Size, by Provider, 2018 - 2023 (USD Billion)
Table 5  Global Blockchain Market Size, by Provider, 2025 - 2030(USD Billion)
Table 6  Global Blockchain Market Size, by Application, 2018 - 2023 (USD Billion)
Table 7  Global Blockchain Market Size, by Application, 2025 - 2030(USD Billion)
Table 8  Global Blockchain Market Size, by Organization Size, 2018 - 2023 (USD Billion)
Table 9  Global Blockchain Market Size, by Organization Size, 2025 - 2030(USD Billion)
Table 10  Global Blockchain Market Size, by Region, 2018 - 2023 (USD Billion)
Table 11  Global Blockchain Market Size, by Region, 2025 - 2030(USD Billion)
Table 12  North America Blockchain Market Size, by Provider, 2018 - 2023 (USD Billion)
Table 13  North America Blockchain Market Size, by Provider, 2025 - 2030(USD Billion)
Table 14  North America Blockchain Market Size, by Application, 2018 - 2023 (USD Billion)
Table 15  North America Blockchain Market Size, by Application, 2025 - 2030(USD Billion)
Table 16  North America Blockchain Market Size, by Organization Size, 2018 - 2023 (USD Billion)
Table 17  North America Blockchain Market Size, by Organization Size, 2025 - 2030(USD Billion)
Table 18  North America Blockchain Market Size, by Country, 2018 - 2023 (USD Billion)
Table 19  North America Blockchain Market Size, by Country, 2025 - 2030(USD Billion)
Table 20  Europe Blockchain Market Size, by Provider, 2018 - 2023 (USD Billion)
Table 21  Europe Blockchain Market Size, by Provider, 2025 - 2030(USD Billion)
Table 22  Europe Blockchain Market Size, by Application, 2018 - 2023 (USD Billion)
Table 23  Europe Blockchain Market Size, by Application, 2025 - 2030(USD Billion)
Table 24  Europe Blockchain Market Size, by Organization Size, 2018 - 2023 (USD Billion)
Table 25  Europe Blockchain Market Size, by Organization Size, 2025 - 2030(USD Billion)
Table 26  Europe Blockchain Market Size, by Country, 2018 - 2023 (USD Billion)
Table 27  Europe Blockchain Market Size, by Country, 2025 - 2030(USD Billion)
Table 28  Asia-Pacific Blockchain Market Size, by Provider, 2018 - 2023 (USD Billion)
Table 29  Asia-Pacific Blockchain Market Size, by Provider, 2025 - 2030(USD Billion)
Table 30  Asia-Pacific Blockchain Market Size, by Application, 2018 - 2023 (USD Billion)
Table 31  Asia-Pacific Blockchain Market Size, by Application, 2025 - 2030(USD Billion)
Table 32  Asia-Pacific Blockchain Market Size, by Organization Size, 2018 - 2023 (USD Billion)
Table 33  Asia-Pacific Blockchain Market Size, by Organization Size, 2025 - 2030(USD Billion)
Table 34  Asia-Pacific Blockchain Market Size, by Country, 2018 - 2023 (USD Billion)
Table 35  Asia-Pacific Blockchain Market Size, by Country, 2025 - 2030(USD Billion)
Table 36  RoW Blockchain Market Size, by Provider, 2018 - 2023 (USD Billion)
Table 37  RoW Blockchain Market Size, by Provider, 2025 - 2030(USD Billion)
Table 38  RoW Blockchain Market Size, by Application, 2018 - 2023 (USD Billion)
Table 39  RoW Blockchain Market Size, by Application, 2025 - 2030(USD Billion)
Table 40  RoW Blockchain Market Size, by Organization Size, 2018 - 2023 (USD Billion)
Table 41  RoW Blockchain Market Size, by Organization Size, 2025 - 2030(USD Billion)
Table 42  RoW Blockchain Market Size, by Country, 2018 - 2023 (USD Billion)
Table 43  RoW Blockchain Market Size, by Country, 2025 - 2030(USD Billion)
Table 44  Snapshot – IBM Corporation
Table 45  Snapshot – Ripple
Table 46  Snapshot – Amazon Web Services, Inc.
Table 47  Snapshot – Microsoft Corporation
Table 48  Snapshot – Abra
Table 49  Snapshot – Chain Inc.
Table 50  Snapshot – BigchainDB Gmbh
Table 51  Snapshot – Ethereum Foundation
Table 52  Snapshot – Earthport PLC
Table 53  Snapshot – Factom
Table 54  Snapshot – BTL Group Ltd.
Table 55  Snapshot – Humaniq
Table 56  Snapshot – Tierion
Table 57  Snapshot – BlockCypher Inc.
Table 58  Snapshot – AlphaPoint
Table 59  Snapshot – Bitfury Group Limited

List of Figures

Figure 1  Market Coverage
Figure 2  Research Phases
Figure 3  Secondary Providers for Different Parameters
Figure 4  Methodology
Figure 5  Data Mining & Exploration
Figure 6  Data Triangulation
Figure 7  Assumptions for Market Estimation and Forecast
Figure 8  Market Synopsis
Figure 9  Global Blockchain Market - Growth Drivers and Restraints
Figure 10  Competitive Benchmark
Figure 11  Global Blockchain Market Highlight
Figure 12  Global Blockchain Market Size, by Provider, 2018 - 2030 (USD Billion)
Figure 13  Global Blockchain Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 14  Global Blockchain Market Size, by Organization Size, 2018 - 2030 (USD Billion)
Figure 15  Global Blockchain Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 16  North America Blockchain Market Highlight
Figure 17  North America Blockchain Market Size, by Provider, 2018 - 2030 (USD Billion)
Figure 18  North America Blockchain Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 19  North America Blockchain Market Size, by Organization Size, 2018 - 2030 (USD Billion)
Figure 20  North America Blockchain Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 21  Europe Blockchain Market Highlight
Figure 22  Europe Blockchain Market Size, by Provider, 2018 - 2030 (USD Billion)
Figure 23  Europe Blockchain Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 24  Europe Blockchain Market Size, by Organization Size, 2018 - 2030 (USD Billion)
Figure 25  Europe Blockchain Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 26  Asia-Pacific Blockchain Market Highlight
Figure 27  Asia-Pacific Blockchain Market Size, by Provider, 2018 - 2030 (USD Billion)
Figure 28  Asia-Pacific Blockchain Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 29  Asia-Pacific Blockchain Market Size, by Organization Size, 2018 - 2030 (USD Billion)
Figure 30  Asia-Pacific Blockchain Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 31  RoW Blockchain Market Highlight
Figure 32  RoW Blockchain Market Size, by Provider, 2018 - 2030 (USD Billion)
Figure 33  RoW Blockchain Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 34  RoW Blockchain Market Size, by Organization Size, 2018 - 2030 (USD Billion)
Figure 35  RoW Blockchain Market Size, by Country, 2018 - 2030 (USD Billion)