Blockchain-oriented services Industry Is Expected To Expand At A CAGR Of 41.30% From 2022 To 2030
Blockchain-oriented services Industry Data Book Covers Decentralized Finance, Blockchain Messaging Apps, Decentralized Identity, Non-fungible Token, Web 3.0 Blockchain Markets. The global blockchain-oriented services industry generated over USD 29.09 billion in 2021 and is expected to grow at a CAGR of 41.3% over the forecast period. Decentralized Finance (DeFi) Market Growth & Trends The global decentralized finance market size is expected to reach USD 231.19 billion by 2030, expanding at a CAGR of 46.0% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The industry is growing in terms of revenue due to rapid technological advancement and innovation in the crypto industry. Another element fueling the industry expansion is the degree of transparency and real-time settlement of financial transactions on DeFi (Decentralized Finance) networks. The rising popularity of DeFi services is anticipated to open new opportunities for industry...