Saturday, July 27, 2024
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Blockchain News

The Blockchain Boom: From $20.1 Billion to $248.9 Billion by 2029 – Dominated by Tech Titans

The blockchain industry is on an unprecedented growth trajectory, with projections indicating a leap from USD 20.1 billion in 2024 to a staggering USD 248.9 billion by 2029. This rapid expansion, driven by a Compound Annual Growth Rate (CAGR) of 65.5%, underscores the transformative potential of blockchain technology across various sectors. Driving Forces Behind Blockchain’s Meteoric Rise The integration of cloud-based solutions and advanced technologies like Artificial Intelligence (AI) and Machine Learning (ML) is propelling blockchain...