| Product Code: ETC4406305 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India blockchain as a service (BaaS) market is gaining traction as organizations explore the potential of blockchain technology to enhance security and transparency in various sectors. BaaS providers offer cloud-based blockchain solutions that allow businesses to deploy, manage, and customize blockchain networks without the complexity of building and maintaining their own infrastructure. In a country where data security and trust are of paramount importance, BaaS solutions are being adopted by companies looking to harness the benefits of blockchain, including supply chain traceability, smart contracts, and data integrity. The market is poised for growth as businesses seek to harness the transformative power of blockchain technology.
The India Blockchain as a Service market is driven by the growing interest in blockchain technology across sectors, including finance, supply chain, and healthcare. BaaS solutions offer accessible and scalable blockchain infrastructure, making it easier for organizations to experiment with and adopt blockchain. The growth is tied to the exploration of blockchain applications and data security.
Challenges in the India blockchain as a service market include regulatory hurdles, limited awareness and understanding of blockchain technology, and the integration of blockchain solutions into existing systems. Security and privacy concerns are also significant issues.
The COVID-19 pandemic has heightened interest in blockchain technology as a tool for enhancing transparency and trust in various sectors. The blockchain as a service (BaaS) market in India has experienced growth as organizations seek to leverage the benefits of blockchain for supply chain management, financial transactions, and secure data sharing. However, regulatory and security concerns have prompted some caution in the adoption of BaaS solutions. As the technology matures, the market is expected to witness further growth.
The India Blockchain as a Service market is influenced by companies like Wipro Limited, Tech Mahindra, and IBM India, which offer comprehensive blockchain solutions and services. Their expertise in blockchain technology empowers businesses to implement secure and transparent distributed ledger systems, driving efficiency and trust in various industries across India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Blockchain as a Service Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Blockchain as a Service Market Revenues & Volume, 2021 & 2031F |
3.3 India Blockchain as a Service Market - Industry Life Cycle |
3.4 India Blockchain as a Service Market - Porter's Five Forces |
3.5 India Blockchain as a Service Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.6 India Blockchain as a Service Market Revenues & Volume Share, By End User , 2021 & 2031F |
3.7 India Blockchain as a Service Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.8 India Blockchain as a Service Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 India Blockchain as a Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of blockchain technology across various industries in India |
4.2.2 Government initiatives to promote blockchain applications and services |
4.2.3 Growing demand for secure and transparent digital transactions |
4.3 Market Restraints |
4.3.1 Lack of awareness and understanding of blockchain technology among businesses and consumers |
4.3.2 Regulatory uncertainties and challenges related to blockchain implementation |
4.3.3 High initial investment and operational costs associated with blockchain services |
5 India Blockchain as a Service Market Trends |
6 India Blockchain as a Service Market, By Types |
6.1 India Blockchain as a Service Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 India Blockchain as a Service Market Revenues & Volume, By Offering , 2021-2031F |
6.1.3 India Blockchain as a Service Market Revenues & Volume, By Tools , 2021-2031F |
6.1.4 India Blockchain as a Service Market Revenues & Volume, By Services, 2021-2031F |
6.2 India Blockchain as a Service Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 India Blockchain as a Service Market Revenues & Volume, By BFSI, 2021-2031F |
6.2.3 India Blockchain as a Service Market Revenues & Volume, By FMCG, 2021-2031F |
6.2.4 India Blockchain as a Service Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 India Blockchain as a Service Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.6 India Blockchain as a Service Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.2.7 India Blockchain as a Service Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.2.8 India Blockchain as a Service Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.2.9 India Blockchain as a Service Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3 India Blockchain as a Service Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Blockchain as a Service Market Revenues & Volume, By Supply Chain Management, 2021-2031F |
6.3.3 India Blockchain as a Service Market Revenues & Volume, By Smart Contracts, 2021-2031F |
6.3.4 India Blockchain as a Service Market Revenues & Volume, By Identity Management, 2021-2031F |
6.3.5 India Blockchain as a Service Market Revenues & Volume, By Payments, 2021-2031F |
6.3.6 India Blockchain as a Service Market Revenues & Volume, By Governance, Risk, and Compliance Management, 2021-2031F |
6.3.7 India Blockchain as a Service Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Blockchain as a Service Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 India Blockchain as a Service Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.4.3 India Blockchain as a Service Market Revenues & Volume, By SMEs, 2021-2031F |
7 India Blockchain as a Service Market Import-Export Trade Statistics |
7.1 India Blockchain as a Service Market Export to Major Countries |
7.2 India Blockchain as a Service Market Imports from Major Countries |
8 India Blockchain as a Service Market Key Performance Indicators |
8.1 Number of new blockchain projects initiated in India |
8.2 Growth in the number of blockchain technology partnerships and collaborations |
8.3 Increase in the number of blockchain technology training and education programs adopted by businesses and institutions |
8.4 Rise in the number of blockchain-related events and conferences held in India |
8.5 Improvement in the overall cybersecurity posture of businesses utilizing blockchain services |
9 India Blockchain as a Service Market - Opportunity Assessment |
9.1 India Blockchain as a Service Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.2 India Blockchain as a Service Market Opportunity Assessment, By End User , 2021 & 2031F |
9.3 India Blockchain as a Service Market Opportunity Assessment, By Application , 2021 & 2031F |
9.4 India Blockchain as a Service Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 India Blockchain as a Service Market - Competitive Landscape |
10.1 India Blockchain as a Service Market Revenue Share, By Companies, 2024 |
10.2 India Blockchain as a Service Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |