PUBLISHER: The Business Research Company | PRODUCT CODE: 1750928
PUBLISHER: The Business Research Company | PRODUCT CODE: 1750928
Blockchain technology in the telecommunications (telecom) sector refers to a decentralized ledger system that improves security, transparency, and operational efficiency. Through the use of smart contracts and advanced encryption, it aids in fraud prevention, simplifies inter-carrier billing processes, and ensures secure management of user identities. This innovation builds trust, lowers operational costs, and enhances the overall quality of telecom services.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
There are two primary deployment models for blockchain in telecommunications are on-premise and cloud-based. On-premise deployment involves hosting and operating blockchain solutions within a company's internal infrastructure, offering full control over security, regulatory compliance, and data management. A range of providers support these deployments, including those offering applications, middleware, and infrastructure services, and they cater to organizations of all sizes-from small and medium-sized enterprises to large corporations. Blockchain is utilized in several key telecom functions, such as identity management, payment and billing, smart contracts, and connectivity provisioning, among others.
The blockchain in telecom market research report is one of a series of new reports from The Business Research Company that provides blockchain in telecom market statistics, including the blockchain in telecom industry global market size, regional shares, competitors with the blockchain in telecom market share, detailed blockchain in telecom market segments, market trends, and opportunities, and any further data you may need to thrive in the blockchain in telecom industry. This blockchain in telecom market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The blockchain in telecom market size has grown exponentially in recent years. It will grow from$1.76 billion in 2024 to $2.52 billion in 2025 at a compound annual growth rate (CAGR) of 43.4%. The growth during the historical period can be credited to several factors, including the rising demand for secure transactions, the growing implementation of 5G technology, the utilization of blockchain to prevent fraud, the increasing need for transparent billing processes, and a heightened emphasis on decentralized network management.
The blockchain in telecom market size is expected to see exponential growth in the next few years. It will grow to$10.58 billion in 2029 at a compound annual growth rate (CAGR) of 43.1%. The projected growth for the forecast period can be attributed to several factors, including the increasing integration of blockchain with IoT, a rising demand for improved data security, the adoption of smart contracts in telecom operations, a greater focus on automation and operational efficiency, and growing investments in blockchain-driven telecom solutions. Notable trends during this time include advancements in blockchain-enabled telecom billing systems, broader deployment of decentralized applications, the creation of blockchain-based identity management solutions, integration of blockchain with network slicing, and the evolution of smart contract-enabled service automation.
The ongoing digitization of the telecom sector is expected to drive the expansion of the blockchain in telecom market. Telecom digitization refers to the transition from conventional communication networks to digital systems, enabling faster, more efficient, and data-oriented services. This transformation is driven by the increasing demand for high-speed data, as consumers look for seamless connectivity for activities such as streaming, remote work, and digital services. As telecom digitization advances, blockchain adoption increases, offering improved security, transparency, and automation. With emerging technologies such as 5G, the Internet of Things (IoT), and smart contracts, blockchain enhances processes such as billing, identity management, and data protection, thereby boosting efficiency in the telecom ecosystem. For instance, in June 2024, Ericsson, a telecommunications company based in Sweden, projected a substantial rise in global 5G population coverage outside mainland China-from 40% at the end of 2023 to 80% by 2029. This rapid digitization within the telecom sector is thus playing a key role in propelling blockchain adoption in the market.
Key players in the blockchain in telecom market are establishing strategic partnerships to strengthen security, transparency, and operational efficiency in the telecommunications domain. A strategic partnership is a cooperative agreement through which companies leverage their respective strengths to support mutual growth, expand market reach, share resources, and drive innovation, all while maintaining their independence. For example, in January 2025, Jio Platforms, a technology firm from India, entered into a strategic alliance with Polygon Protocols, an Indian blockchain application development company, to roll out Web3 blockchain solutions in India. This partnership seeks to incorporate Web3 technologies into Jio Platforms' existing services and applications, thereby enhancing digital experiences for its more than 450 million customers. By leveraging Polygon's advanced blockchain capabilities, Jio aims to deliver innovative services that allow users greater control over their data and access to decentralized applications. This collaboration marks a notable step in Jio's mission to achieve digital excellence.
In June 2024, zenGate, a technology company based in Ireland, collaborated with Minutes Network to revolutionize commodity and telecom trading through blockchain-enabled transparency. This partnership aims to tokenize telecommunications minutes while utilizing the Palmyra Platform's blockchain infrastructure to improve transparency and efficiency in commodity trading. Minutes Network, headquartered in the UK, offers telecommunications services based on blockchain technology.
Major players in the blockchain in telecom market are Microsoft Corporation, Verizon Communications Inc., Deutsche Telekom AG, Huawei Technologies Co. Ltd., Deloitte Touche Tohmatsu Limited (Deloitte), Accenture plc, Orange S.A., Oracle Corporation, Nokia Corporation, British Telecommunications Group, Ericsson, Infosys Limited, Bharti Airtel Limited, Telstra Corporation Limited, Wipro Limited, Cegeka Group, Sigma Telecom LLC, Subex Limited, Zeeve Inc., TBCASoft Inc., and Webisoft.
North America was the largest region in the blockchain in telecom market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in blockchain in telecom report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the blockchain in telecom market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The blockchain in telecom market consists of revenues earned by entities by providing services such as roaming and inter-carrier settlement, network management and optimization, supply chain management, and customer data management and privacy. The market value includes the value of related goods sold by the service provider or included within the service offering. The blockchain in telecom market also includes sales of blockchain nodes, cryptographic hardware modules, edge computing devices, and mining rigs. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Blockchain In Telecom Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on blockchain in telecom market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for blockchain in telecom ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The blockchain in telecom market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.