Study- US Blockchain spending to reach $41 Billion by 2025
Link:
Per a new published on March 25th, spending in the United States will increase from $3.12 billion to $41 billion by 2025.
The report mentions that during 2018, spending in the U.S. had increased by 110 percent and reached a staggering $1.6 billion. In order to make the report, the company reviewed market opportunities and risks of in more than 75 areas spanning 11 industries in the U.S.
The report titled” United States Business Opportunities and Outlook Databook Series was released by market and research data platform Research and Markets. Per the report, spending in the U.S. will note a compound annual growth rate (CAGR) of 44.5 percent. This depicts a rise from $3.1 million to $41.1 million by 2025.
Findings from study by International Data Corporation
In early March, reported, as per a study by International Data Corporation (IDC), a United-States-based market research firm, Global spending will count for almost $2.9 billion in 2019. This depicts an 88.7% increase from 2018.
The report also provided an in-depth analysis of developments in various segments. The report also states, when it comes to building use cases, cross border settlements and trade finance are expected to receive over $738 Million.
Published at Wed, 27 Mar 2019 06:18:15 +0000
