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Smart Contracts market size is projected to reach US$ 1460.3 million by 2028, from US$ 315.1 million in 2021

08-09-2022 02:23 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Smart Contracts market size is projected to reach US$ 1460.3

The global Smart Contracts market size is projected to reach US$ 1460.3 million by 2028, from US$ 315.1 million in 2021, at a Compound Annual Growth Rate (CAGR) of 24.2% during 2022-2028.

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Smart Contracts Market Share Analysis
Based on application, the government sector is expected to maintain the lead in the smart contracts market share owing to its extensive use in public sector enterprises and government organizations for speeding up and streamlining systems.

Based on type, the segmentations are public and private blockchain. Public blockchains are completely free and follow decentralization heavily. While private blockchains have limited entry of verified participants.

Based on region, North America is expected to dominate in the smart contracts market share due to rising digitization and the presence of key players.

Other Companies in the Smart Contracts Market
➣IBM
➣AWS
➣Oracle
➣Infosys
➣Solana
➣Nem
➣Waves
➣RSK
➣Algorand
➣GoCoin
➣Avalanche
➣Stratis
➣Tata Consultancy Services
➣Monax Industries
➣Chainlink

Smart Contracts Market By Type
➣Public Blockchain
➣Private Blockchain
➣Others

Smart Contracts Market By Application
➣Financial
➣Government
➣Insurance
➣Healthcare
➣Supply Chain
➣Others

Smart Contracts Market By Regions/Countries
➣North America
➣Europe
➣China
➣Japan
➣Southeast Asia
➣India
➣Central & South America

Get Detailed Report - https://reports.valuates.com/market-reports/QYRE-Auto-31L1599/global-smart-contracts

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