Blockchain Iot Market Is Expected To Reach Usd 124.58 Million By 2030, Grow At A Cagr Of 93.4% During Forecast Period 2023 To 2030

The global Blockchain IoT market is expected to reach USD 124.58 million by 2030, with Asia-Pacific leading the market. The main reason for the high demand in this market is that IoT is becoming more and more popular, as it makes businesses more productive. Blockchain is an example of a technology that prevents access to third-party resources in the IoT. The market is growing quickly as more people learn about blockchain, and there are both hardware and software parts to the market.