The cryptocurrency market has seen its share of ups and downs over the previous yr, however blockchain know-how continues to expertise spectacular progress as companies search digital transformation.
Latest outcomes market analysis platform, MarketsandMarkets, estimated the worldwide blockchain market dimension to be $7.4 billion in 2022. Though notable, the report says the blockchain sector is anticipated to generate $94 billion income by the tip of 2027. If these outcomes are right, this may translate to a compound annual progress fee of 66% from 2022 to 2027.
Proceed studying on Coin Telegraph
