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Distribution of blockchain market value in Europe in 2021, by industry

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Source

Release date

April 2021

Region

Europe

Survey time period

April 2021

Special properties

constant annual value

Supplementary notes

The source stopped researching blockchain figures after 2021.

Citation formats

Europe blockchain market value share 2021, by industry

Published by
Christy Tila,
Apr 27, 2021
In 2021, the European blockchain market revenue is forecast to be around * U.S. dollars. During this time, approximately ** of the European blockchain spending is expected to come from the banking industry, which will be led by use cases such as cross-border payments and settlements, transaction agreements, and lastly, trade finance and post-trade/transaction settlements. Blockchain spending in the banking sector has been tremendously boosted by the mainstream adoption of cryptocurrencies.
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