The Global Blockchain Market Will Reach $13.96 Billion U.S. Dollars in 2022

According to Research and Markets forecast, by 2022, the global blockchain market will reach $13.96 billion U.S. dollars. From 2017 to 2022, the compound annual growth rate of this market is 42.8%. The report believes that in the financial industry, the application of blockchain technology is expanding, mainly including financial transactions and cross-border payments. At the same time, the integration of blockchain technology with medical, retail, supply chain, energy, and media industries is accelerating. Among them, retail and supply chain management are the largest application departments and the fastest growing ones.