Share this article
Blockchain IoT Market to Be Worth $5.8B by 2026: Study
The study by Research Dive projects a compound annual growth rate of 91.5% from 2018.
Updated May 11, 2023, 4:13 p.m. Published Sep 6, 2021, 3:18 p.m.
The global blockchain internet-of-things (IoT) market will be worth $5.8 billion by 2026, according to a new study.
- The study by Research Dive projects a compound annual growth rate (CAGR) of 91.5% from 2018, when the market was valued at $32 million.
- The ability of smart devices that communicate over the internet to improve supply-chain efficiencies by using blockchains and removing intermediaries will allow transactions to be completed quicker and for a lower price, Research Dive concluded.
- The segment projected for the fastest growth is smart cities with a CAGR of 93.9%, accounting for $639.4 million by 2026. With smart cities expected to use IoT technology in all aspects of daily life, blockchain technology would be employed to secure the personal data used by IoT devices.
- The region that will see the most growth throughout the period according to the report is Asia-Pacific, with a CAGR of 94.8% to reach nearly $1.46 billion by 2026. The North American blockchain IoT market is projected to see CAGR of 90.1% to be worth nearly $1.75 billion, according to the study.
Read more: Cryptocurrency Market Will More Than Triple by 2030: Study
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
