2030 Projection of Blockchain Technology Market

Our findings project that Blockchain technology companies could experience a revenue pool of $6 billion by 2020 and $20 billion by 2030. These figures are based on the impact of digital ledger technology on payments: (1) Business Cross Border, (2) Remittance, as well as impact on (3) Capital Markets and (4) Title Insurance. Findings show that Cross Border B2B will make up most of the Blockchain revenue pool at $3.5 billion (56%) in 2020 and $12.2 billion (60%) in 2030. We also expect the increasing adoption of digital currency to put downward pressure on remittance payments shifting 20% of revenue to Blockchain companies. We project this to account for $1.5 billion (24%) of Blockchain revenue in 2020 and $3.8 billion (19%) in 2030. Remaining revenue is captured by the reduction of infrastructure and counterparty risk for capital markets, as well as savings in Title Insurance commissions and maintenance cost. In the period 2020-2030, Autonomous Research estimates a CAGR of 12.6% for the Blockchain technology market.