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The global blockchain IoT market size is expected to reach USD 12,679.5 Million by 2030, growing at a CAGR of 58.2% from 2023 to 2030. The rising adoption of decentralized applications (dApps) in the blockchain IoT industry is expected to drive market growth, as these dApps introduce innovative solutions that significantly improve security, transparency, and operational efficiency across various industries. The integration of blockchain and IoT is revolutionizing data sharing, transactional trust, and process automation, leading to the emergence of innovative business models and lucrative growth opportunities.
