Similar to a previous report which estimates almost 700% global increase in annual revenue for enterprise applications of blockchain in the next ten years, a new study has revealed that Asia will grow at the highest compound annual growth rate CAGR when the global blockchain market grows at a projected rate of more than 2000% in the next six years.
According to Blockchain Distributed Ledger Market by Type and End User: Global Opportunity Analysis and Industry Forecast 2017–2023 published by US-based Allied Market Research, the global blockchain market – which as at 2016 accounts for $228 million – is expected to reach $5.43 billion between 2017 and 2023 at a CAGR expansion of 57.6%.
http://news.8btc.com/china-india-to-gain-more-from-2000-blockchain-market-growth-in-6-years
