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The global Blockchain as a Service (BaaS) market is expected to experience significant growth, reaching a value of USD 11,519 million by 2026. This growth is driven by factors such as the increasing demand for BaaS due to the COVID-19 outbreak, the need for supply chain transparency, and the rising demand for enhanced security. The market is also expected to benefit from the integration of blockchain and IoT, as well as government initiatives. The tools segment is expected to hold the largest market share, as more enterprises are realizing the benefits of BaaS.
