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The global blockchain as a service market is predicted to thrive substantially during the assessment era from 2022 to 2030 at a healthy CAGR of approximately 34.10% to attain a valuation of around USD 26.5 Billion by the end of 2030. Small and medium-sized businesses are expected to use more BaaS tools and services to create their own blockchain applications, smart contracts, and payment systems. The need for cloud-based solutions is increasing with enterprises moving away from the traditional on-premises solutions. The blockchain as a service market is bifurcated based on vertical, application, organization size, cloud, component, and platform.