Global Blockchain in Telecom Market Expected to Reach USD 34,800.0 Million by 2033 - IMARC Group

Global Blockchain in Telecom Market Statistics, Outlook and Regional Analysis 2025-2033

The global blockchain in telecom market size was valued at USD 1,070.1 Million in 2024, and it is expected to reach USD 34,800.0 Million by 2033, exhibiting a growth rate (CAGR) of 47.2% from 2025 to 2033.

Partnerships in the blockchain business are aimed at improving interoperability and scalability across various networks. Collaborative initiatives are underway to conduct research, develop collaborative ventures, and promote solutions that increase network efficiency and integration across blockchain platforms. For example, in July 2020, Blockchain Foundry Inc., a leading North American blockchain development firm, announced a partnership with Matic Network (Matic) to explore interoperability between the Syscoin and Matic networks. Matic and BCF’s Syscoin Ethereum bridge both provide scalability for the Ethereum network but approach it in different ways.  

Moreover, strategic alliances in the cloud services sector prioritize cooperative investments to strengthen global partner ecosystems. Multi-year agreements seek to promote and accelerate the expansion of cloud service providers and their partner networks, therefore increasing global cloud adoption. For instance, in March 2021, Ingram Micro Cloud, an Amazon Web Services (AWS) Advanced Consulting Partner and AWS Distributor, announced a new global Strategic Collaboration Agreement (SCA) with AWS, the cloud platform offered by Amazon.com Inc. This multi-year joint investment aimed to accelerate the growth of AWS Partners worldwide through Ingram Micro Cloud. Furthermore, the telecom business is seeing an increase in blockchain use as operators want to improve network security, simplify operations, and improve data integrity. Providers are working on cutting-edge blockchain solutions that provide smooth connection, safe transactions, and decentralized data management. The industry offers significant income prospects as telecom firms use blockchain to handle roaming agreements, decrease fraud, and facilitate infrastructure sharing. Furthermore, the technology's capacity to support transparent billing procedures and protect consumer identities sets it apart from traditional centralized systems, which are vulnerable to data breaches. For example, in North America, major telecom carriers are incorporating blockchain to improve data security and prevent fraud. Verizon has been at the vanguard, using blockchain to assure data integrity across its network, protecting consumers from cyberattacks, and creating confidence in a highly competitive industry driven by technical developments.

Global Blockchain in Telecom Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest blockchain in telecom market share, on account of the early adoption and the strong presence of key players.

North America Blockchain in Telecom Market Trends:

North America is focused on blockchain technology for safe data management in the telecom industry, thereby accounting for the largest regional dominance. U.S. telecom corporations, such as Verizon, are embracing blockchain to improve data integrity and consumer protection in response to the growing need for safe and decentralized data solutions.

Europe Blockchain in Telecom Market Trends:

In Europe, telecom companies are utilizing blockchain to facilitate cross-border billing and roaming agreements. For example, Vodafone in the U.K. uses blockchain to improve international billing operations, increasing transparency, and eliminating mistakes, allowing for more effective cross-border interactions inside the EU.

Asia Pacific Blockchain in Telecom Market Trends:

In Asia Pacific, blockchain is being used to assist 5G network installations and infrastructure sharing. In South Korea, telecom giants, such as KT Corporation, are investigating blockchain to efficiently manage network resources and facilitate rapid 5G rollout, resulting in improved service delivery and cost control.

Latin America Blockchain in Telecom Market Trends:

In Latin America, the use of blockchain for fraud prevention and secure mobile transactions is expanding. For instance, Brazil’s telecom providers are implementing blockchain to mitigate SIM card fraud and enhance the security of mobile transactions, responding to the region’s high mobile penetration rate.

Middle East and Africa Blockchain in Telecom Market Trends:

Blockchain technology is helping to manage digital identities in telecom services in the Middle East and Africa region. For example, in the UAE, telecom providers use blockchain to securely authenticate client identities, decreasing identity theft and increasing the credibility of digital services in a quickly digitizing environment.

Top Companies Leading in the Blockchain in Telecom Industry

Some of the leading blockchain in telecom market companies include Amazon.com Inc., Blockchain Foundry Inc., Cegeka, Deloitte Touche Tohmatsu Limited, Huawei Technologies Co. Ltd., Infosys Limited, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Tbcasoft Inc., and Wipro Limited, among many others. For example, in November 2020, International Business Machines Corporation announced a definitive agreement to acquire Instana, an application performance monitoring and observability company. The acquisition helped businesses better manage the complexity of modern applications that span the hybrid cloud landscape.

Global Blockchain in Telecom Market Segmentation Coverage

• On the basis of the provider, the market has been bifurcated into application providers, middleware providers, and infrastructure providers, wherein application providers represent the most preferred segment. They provide blockchain-based apps and services suited to the demands of telecom carriers and their customers.
• Based on the organization size, the market is categorized into small and medium-sized enterprises and large enterprises, amongst which large enterprises dominate the market. Large enterprises in the telecom sector have the financial resources and operational scale to invest in and execute blockchain technology successfully.
• On the basis of the application, the market has been divided into OSS/BSS processes, identity management, payments, smart contracts, connectivity provisioning, and others. Among these, smart contracts exhibit a clear dominance in the market. Smart contracts are self-executing contracts that have their terms and conditions directly written into code.