How Big Is the Blockchain as a Service Market | Trends 2025

Q: How big is the Blockchain as a Service market?

The blockchain as a service market was demonstrated around USD 3.5 billion in 2024 and is predicted to be USD 14 billion by 2031.

Q: What is driving the BaaS market growth?

Adoption of blockchain for transparency, data security, and cost-effective infrastructure are driving the market.

Q: Which industries are adopting BaaS the most?

Finance, healthcare, logistics, retail, and government services are the most adopting BaaS.

Q: What challenges does the blockchain as a service market face?

Scalability issues, regulatory uncertainty, and interoperability among platforms are the challenges faced by the market.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA5095

Publication Date: Jul 2025

What is the size of the Blockchain as a Service Market?

According to 6Wresearch internal database and industry insights, the Global Blockchain as a Service Market was valued at USD 2.4 Billion in 2024 and is expected to reach USD 10.1 Billion by 2031, growing at a compound annual growth rate of 13.10% during the forecast period (2025-2031).

Due to increasing adoption of blockchain across industries, demand for secure and transparent transactions, and rapid growth in cloud computing services, the market is expected to thrive in the forthcoming years.

View Main Report

Schedule Analyst Call

Key Growth Factors of the Blockchain as a Service Market

Rising need for secure and tamper-proof digital transactions
Growth in enterprise blockchain applications (finance, healthcare, supply chain)
Cost efficiency and flexibility offered by BaaS platforms
Increasing demand for decentralized apps (dApps)
Rising adoption of smart contracts and tokenization in business models

Blockchain as a Service Market Trends

Blockchain as a service market is navigating some notable trends which include the integration of blockchain with AI and IoT to enhance traceability, data integrity, and automation across sectors. Also, the enterprises are shifting toward permissioned blockchain networks for improved privacy and scalability. Among the growing applications, cross-border payments, digital identity management, and fraud detection are the most demanded applications. Collectively, all these trends are reshaping the market.

Emerging Developments in the Blockchain as a Service Market

Blockchain as a service market is seeing few developments which involve the deployment of low-code blockchain platform that enhance the accessibility for non-technical users. BaaS providers are incorporating multi-chain support and offering real-time compliance monitoring tools. Further, the market is noticed the rising focus on energy-efficient consensus algorithms and government-led pilot projects in digital currencies and supply chain tracking.