Press Releases

The global Blockchain government market is expected to grow at a CAGR of 86.0% during the forecast period with its market size predicted to reach USD 110.4 billion by 2030. The global blockchain government market has been driven by several key factors, including increasing adoption of blockchain from the government sector, growing cases of fraudulent activities in the public sector, increasing need to protect against data tempering, Rise in the usage of blockchain technology to create a transparent and decentralized government, and increasing demand for high efficiency and high speed in government sector.

Globally, blockchain industry players are leveraging market growth through the formulation of several policies and reforms by government organizations in various developed as well as developing economies along with entering into several partnership agreements. The key players in the blockchain market are launching a new link for various supply chain experts. Furthermore, several software development enterprises are embracing the technique at an extensive rate as it helps them fight against fraudulent activities.

Global Blockchain Government Market Segmentation and Key Players

Browse Market Insight and In-depth TOC on "Global Blockchain Government Market – Analysis and Forecast (2025-2030)"

The application provider category is expected to witness the fastest growth during the forecast period in the blockchain government market

Based on provider, the global blockchain government market is categorized into middleware provider, application provider, and infrastructure provider, wherein 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 government agencies.

Geography Insight

Geographically, North America has accounted for the largest share in the blockchain government 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 of blockchain technology in the region and also it is considered the most advanced region in terms of advanced technology adoption.

Competitive Insight

Some of the key players operating in the global blockchain government market are IBM Corporation, Amazon Web Services, Inc., Microsoft Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, Infosys Limited, Accenture plc, Intel Corporation, BigchainDB Gmbh, Ethereum Foundation, Earthport PLC, Factom, BTL Group Ltd., Humaniq, Tierion, BlockCypher Inc., AlphaPoint, and Bitfury Group Limited.

Key Takeaway from the Report:

• Among all the providers, the application provider category is expected to witness the fastest growth during the forecast period.
• Of all the applications, the smart contracts category contributes the largest revenue globally.

The Report Offers:

• Historical market estimate for the years 2018–2023 and forecast for the years 2025–2030
• Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
• Market insights by in-depth segmentation with industry dynamics.
• Competitive analysis and benchmarking of the industry leaders and their product offerings
• Profiles of leading players and innovators, their financial overview, and product portfolio
• Analysis of key industry trends and recent developments
• Value chain analysis and distribution channel analysis with opportunity assessment
• Market share analysis of major players

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The report provides the market value for the base year 2023 and a yearly forecast till 2030 in terms of revenue (USD Billion). The report segments the global blockchain government market based on provider, application, and region.

Global Blockchain Government Market Coverage

Provider Insight and Forecast 2025-2030

• Middleware Provider
• Application Provider
• Infrastructure Provider

Application Insight and Forecast 2025-2030

• Asset Registry
• Identity Management
• Payments
• Smart Contracts
• Voting
• Others

Geographical Segmentation

Blockchain Government Market by Region

North America

• By Provider
• By Application
• By Country – U.S., Canada, and Mexico

Europe

• By Provider
• By Application
• By Country – Germany, U.K., France, and Rest of Europe

Asia-Pacific (APAC)

• By Provider
• By Application
• By Country – China, Japan, India, Singapore, Australia, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Provider
• By Application
• By Country – Brazil, Saudi Arabia, South Africa, and Other Countries