Blockchain IoT market estimated to exceed $124M by 2030

The Blockchain Internet of Things (IoT) market is estimated to reach $124.58 by 2030, according to a recent study by Contrive Datum Insights.

The compound annual growth rate (CAGR) of the blockchain IoT space is expected to hit 93.4%, according to the study. It also predicts the Asia-Pacific region to take the lead in the expansion of Blockchain IoT as the region has already started taking steps in this field.