Entrepreneur UK's London 100: Welcome to the Jungle
Welcome to the Jungle is reshaping recruitment with AI-driven job matching and engaging employer branding tools
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur United Kingdom, an international franchise of Entrepreneur Media.
Industry: Recruitment and Hiring
Founded by Jeremy Clédat, Welcome to the Jungle is reshaping recruitment with AI-driven job matching and engaging employer branding tools.
Following its 2024 acquisition of Otta, the company successfully expanded into the UK, growing its customer base by 25% and attracting 2.18 million job seekers — up 21% from the previous year.
With a 60% average response rate, the platform helps candidates and companies connect more effectively, while branded content lets employers showcase their culture to attract the right talent.
Backed by €80 million in funding, including a €50 million Series C, Welcome to the Jungle is now a trusted hiring partner for top companies like Airbnb, Deliveroo, Monzo, and Netflix, and is eyeing further expansion across the US and beyond.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
US Allies Wary of Buying American as They Plan Defense Buildup
(Bloomberg) — For European countries that just approved the biggest increase in military spending in decades, 'Buy American' is looking a lot less appealing than it once was. They may have no choice. As the allies rush to rebuild their fighting forces, leaders are confronting the reality that they'll have to rely on the US for many of the new weapons they're planning to buy, a sales pitch driven home by President Donald Trump on his visit to Europe this week. They fret that they may be put at greater risk if they deepen their dependence on a US whose president has embraced their main enemy - Russia - and rattled some with threats to annex their territory. Those deeper ties have become an increasingly hard sell at home, with electorates cautious about a closer embrace with the US. Allied leaders like French President Emmanuel Macron have pushed for relying on European companies to provide the weapons and the EU fast-tracked a €150 billion facility for just that purpose after Trump was elected. Canada is considering pulling out of the US-led F-35 fighter program and buying Swedish planes instead. 'We should no longer send three-quarters of our defense capital spending to America,' Canadian Prime Minister Mark Carney said earlier this month. When a group of US legislators went to Copenhagen this spring to encourage Danish officials to buy more US weapons, the message they got was clear: we like your arms, but Trump's very public threats to take over Greenland, a Danish territory, were making buying them politically difficult, according to a person familiar with the meeting. Some Danish politicians have gone further. 'Buying American weapons is a security risk that we cannot run,' Rasmus Jarlov, a conservative lawmaker who heads the defense committee in parliament, said in a post on social media platform X in March. Trump's abrupt decision to briefly suspend intelligence sharing with Ukraine earlier this year alarmed allies, according to officials, fueling fears that the US might hobble American-made weapons in a crisis. The worries got so bad that the Pentagon had to issue a public reassurance that the F-35 fighter didn't have a 'kill switch.' But the planned buildup - worth as much as €14 trillion ($16 trillion) over the next decade if related infrastructure is included, according to Carlyle - is far beyond the current capabilities of a fragmented European defense sector that's been hollowed out by decades of cuts since the end of the Cold War. And the US lead in key areas, especially missiles and other high-tech weapons, means there's often no real alternative to buying American. 'Europe and the defense industry is not, at the moment, ready to take the load by itself,' said Tuure Lehtoranta, a senior executive at Finnish defense-tech firm Insta Group Oy. 'There's not enough production, there's not enough design in some areas.' German Chancellor Friedrich Merz, whose government is planning to nearly double spending on core defense items this year, said the European industry needs an overhaul to meet the demand. 'We have far too many systems in Europe, we have far too few units, and what we produce is often far too complicated, and therefore too expensive as a result,' he said this week. At the Paris Air Show last week, executives from Airbus SE and Dassault Aviation SA sparred openly over who should take charge of their next-generation fighter jet project. European allies will have no alternative but to buy American weapons to meet alliance targets, especially with stocks depleted by supplies given to Ukraine, a senior NATO official said, asking not to be identified discussing a sensitive issue. Allies also lack key technologies. 'Who is the European Palantir? Who is the European Planet?' asked Pierre Vandier, a top NATO commander, referring to the US technology and satellite companies that the alliance recently signed contracts with. 'It's a huge stimulus for Europeans to do all they can. If they don't get started now they can't cry if there are violent power struggles later.' Europe has no rivals as advanced as Lockheed Martin Corp's F-35 fighter or RTX Corp's Patriot anti-missile, which has been critical to protecting Ukraine from Russian attacks. Allies have no competitors for key capabilities like ballistic-missile defense and air-to-air refueling. While simpler weapons like howitzers are easier for allies to produce, they still require US satellite systems for precision targeting. The UK said this week it would buy at least a dozen new F-35As, which Prime Minister Keir Starmer hopes will help curry favor with Trump. European defense companies are hopeful. They've seen share-price increases of 50% or more this year, ahead even of the big gains of their US competitors, as investors anticipate the huge boost in business. 'More urgency is there now,' Micael Johansson, chief executive officer of Saab AB, which makes Gripen fighters, said in an interview. 'I wouldn't say we have seen a dramatic shift now to buy more European, but I think that's the trend.' US defense contractors are lining up cooperation deals with European counterparts to hedge against any shift away from American weapons. 'As these European defense budgets increase, that's where we're spending our time,' Stephen O'Bryan, president of Northrop Grumman Corp's international business, said in an interview, referring to partnerships in Norway, Germany and Denmark. Lehtoranta of Insta said his company already partners with big US manufacturers like Lockheed Martin, including by providing avionics maintenance and other support for F-35 jets. But they see American companies are even hungrier to join forces now. 'I can see in the US that it might be a little bit of a fear in the air. US companies think that they might lose opportunities if they don't find the right partners,' he said. 'There will be change, there will be probably more European investments in European factories and European acquisitions, but still we cannot survive without the US industries.' —With assistance from Wojciech Moskwa, Thomas Seal, Matthew Boesler, Michael Nienaber, Sanne Wass and Alex Wickham. America's Top Consumer-Sentiment Economist Is Worried How to Steal a House Inside Gap's Last-Ditch, Tariff-Addled Turnaround Push Apple Test-Drives Big-Screen Movie Strategy With F1 Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
$2.34 Bn Continuous Basalt Fiber Markets - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F
The Continuous Basalt Fiber Market presents significant opportunities driven by the demand for lightweight and high-strength materials across industries like automotive, aerospace, and construction. Its durability, thermal resistance, and eco-friendly nature make it ideal for sustainable construction, offering an alternative to steel and fiberglass. Continuous Basalt Fiber Market Dublin, June 27, 2025 (GLOBE NEWSWIRE) -- The "Continuous Basalt Fiber Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" report has been added to Continuous Basalt Fiber Market was valued at USD 1.27 Billion in 2024, and is expected to reach USD 2.34 Billion by 2030, rising at a CAGR of 10.55%. This market encompasses the global production and utilization of continuous basalt fiber, an advanced material produced by melting and fiberizing basalt rock. Known for its excellent tensile strength, chemical and thermal resistance, minimal water absorption, and environmental friendliness, CBF is increasingly adopted as a substitute for conventional reinforcement materials such as fiberglass, carbon fiber, and steel. The market includes products like roving, chopped strands, fabrics, mats, and rebar, serving end-use industries such as construction, automotive, aerospace, electronics, marine, and wind Market Drivers Rising Demand for Lightweight and High-Strength Materials Across IndustriesThe market is primarily driven by the need for lightweight and high-strength materials in industries including automotive, aerospace, construction, and defense. Continuous basalt fiber offers a superior combination of tensile strength, corrosion and thermal resistance, and lightweight characteristics compared to traditional alternatives like steel and some regulatory pressures for fuel efficiency and emissions grow, particularly in automotive and aerospace sectors, manufacturers are increasingly turning to basalt fiber for its optimal strength-to-weight ratio. In the construction industry, its application in concrete reinforcement and road surfacing is gaining momentum due to its durability, cost-effectiveness, and eco-friendly profile. These factors collectively support the robust demand for basalt fiber across expanding industrial Market Challenges Slower Commercial AdoptionDespite its superior material properties, the market faces a key hurdle in the slow pace of commercial adoption. Many industries, especially construction, automotive, and aerospace, remain cautious due to entrenched use of traditional materials and conservative approval protocols. Limited awareness and a lack of long-term performance data further constrain broader adoption. Additionally, the global supply of continuous basalt fiber is dominated by a few players, leading to concerns over product consistency, supply reliability, and scalability. These factors contribute to hesitancy among stakeholders who require extensive material certification and prolonged qualification cycles before transitioning from existing solutions, thereby restraining market acceleration despite favorable growth Market Trends Surge in Demand from Construction and Infrastructure SectorsConstruction and infrastructure sectors are experiencing a notable rise in the adoption of basalt fiber, driven by its high tensile strength, thermal insulation, and corrosion resistance. Its application in reinforcing concrete, roads, and bridges is expanding rapidly, especially in Asia-Pacific and the Middle East, supported by the global move toward sustainable construction solutions. As both public and private sectors look for cost-effective, durable alternatives to conventional materials like steel and fiberglass, basalt fiber is increasingly being integrated into civil engineering practices, contributing to a significant year-over-year growth in demand. Key Attributes: Report Attribute Details No. of Pages 180 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $1.27 Billion Forecasted Market Value (USD) by 2030 $2.34 Billion Compound Annual Growth Rate 10.5% Regions Covered Global Report Scope: Key Market Players Basalt Fiber Tech Kamenny Vek Company Shanxi Yaxin Group China National Petroleum Corporation (CNPC) Pultron Composites Limited Basalt Fiber Solutions Technobasalt LLC Merino Group Continuous Basalt Fiber Market, By Product Type: Roving Chopped Strands Fabrics Others Continuous Basalt Fiber Market, By Processing Technology: Pultrusion Vacuum Infusion Texturizing Stitching & Weaving Others Continuous Basalt Fiber Market, By End-User: Construction Transportation Industrial Others Continuous Basalt Fiber Market, By Region: North America United States Canada Mexico Europe France United Kingdom Italy Germany Spain Asia-Pacific China India Japan Australia South Korea South America Brazil Argentina Colombia Middle East & Africa South Africa Saudi Arabia UAE Kuwait Turkey For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Continuous Basalt Fiber Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Blockchain Technology Market Size Projected to Reach USD 1,879.30 Bn By 2034
According to Precedence Research, the global blockchain technology market size is calculated at USD 41.15 billion in 2025, and it is projected to reach approximately USD 1,879.30 billion by 2034, with an impressive CAGR of 52.90% from 2025 to 2034. Ottawa, June 27, 2025 (GLOBE NEWSWIRE) -- The global blockchain technology market was valued at USD 26.91 billion in 2024 and is expected to grow from USD 41.15 billion in 2025 to approximately USD 1,879.30 billion by 2034. Over the forecast period of 2025-2034, the global market is projected to grow at a robust compound annual growth rate (CAGR) of 52.90%. The strong influence of blockchain on finance, healthcare, supply chain management, and government services raises its importance across the globe. The Complete Study is Now Available for Immediate Access | Download the Sample Pages of this Report@ Blockchain Technology Market Key Highlights: By region, the North America blockchain technology market accounted for the major revenue share of 46% in 2024. By region, Asia Pacific is expected to grow at the fastest CAGR during the forecast period. By region, Europe is considered to be a notably growing area in the market in 2024. By type, the public cloud segment contributed the highest revenue share of 61% in 2024. By type, the private cloud segment is growing at the fastest CAGR from 2025 to 2034. By component, the infrastructure and protocols segment recorded the biggest revenue share of 63% in 2024. By component, the middleware segment is expected to grow at the fastest CAGR from 2025 to 2034. By application, the payments segment held the largest revenue share of 45% in 2024. By application, the digital identity segment is expected to grow at the fastest CAGR in the market during the predicted timeframe. By enterprise, the large enterprises segment accounted for the biggest revenue share of 68.5% in 2024. By enterprise, the small and medium enterprises segment is expanding at a notable CAGR from 2025 to 2034. By end use, the financial services segment held the major revenue share of 39% in 2024. By end use, the healthcare segment is expected to grow at the fastest CAGR between 2025 and 2034. View Detailed Insight@ Market Overview and Industry Potential What is the Importance of Blockchain in Various Sectors? The blockchain technology market has transformed data security into digital transactions. This innovative technology helps the government, corporates, and individuals to resolve the risks of fraud. It ensures the connection between previous transactions and each new transaction which remains encrypted and linked with each other. This forms the chain of blocks which is immutable and holds the integrity of the data. This invention is the foundation of diverse applications, including financial transactions and secured medical records, which create trust in digital interactions. It plays a vital role in healthcare in securing patient records, improving the exchange of medical information, ensuring data integrity, and enhancing patient privacy and security. Also Read: How Digital Transformation Is Reshaping Global Industries – Key Insights from Precedence Research Blockchain for Supply Chain Solutions by IBM, the Leading Market Player Sr. No. Solutions Features 1) IBM Supply Chain Intelligence Suite Automated data capture Supplier engagement and analysis tools Data quality management Comprehensive visualization of scope 3 performance Enterprise ready performance dashboard 2) Order Management System Accelerated plug-and-play innovation Expanded choice of user experiences Industry-leading performance Low code or no code UI experience Transparent AI to drive trusted actions Sustainable commerce 3) Supply Chain Transparency Distributed ledger technology Immutable records Smart contracts Public key cryptography 4) Blockchain for Food Greater trust Enhanced security Better traceability Increased efficiency Automated transactions 5) Supplier Management Records transactions as blocks Connects blocks together Builds an irreversible blockchain Ensures trust and immutability What are Major Trends in the Blockchain Technology Market? Government Measures and Technological Projects: The acceptance of blockchain by governments enhances public security and governance. The implementation of various national blockchain strategies enhances the transparency, efficiency, and security of government operations. There is an integration of blockchain by the public administration of India for local and state initiatives. These efforts enhance certificate issuance and data management. Great Adoption and Impact on Supply Chain Processes: This innovative technology transformed supply chains by addressing challenges with traceability. The leading companies like IBM and Maersk adopted it to streamline operations, ensure product reliability, and reduce paperwork. It allows the records and verification of every transaction, which enhances visibility and reduces the risk of fraud. Also Read: How Blockchain is Supercharging the Internet of Things Products of IBM Supply Chain Order Management System Sr. No. Name of the Product Features 1) IBM Sterling Order Management To manage omnichannel order fulfilment from a single point 2) IBM Sterling Intelligent Promising To gain instant visibility into inventory levels and deliver flexible purchasing options 3) IBM Sterling Configure, Price, and Quote To streamline the buying process for complex products Growth Factors in the Blockchain Technology Market The growing maturity of technological adoption and the increased focus on sustainable and ethical applications drive the expansion of the blockchain technology market. Advancements in scalability and the growing integration with artificial intelligence support the growth. The expanded use of this invention in non-financial sectors witnesses significant growth. The introduction of national and global regulatory frameworks showcases the transformative potential of blockchain. How can Artificial Intelligence Improve the Blockchain Technology Industry? The fusion of blockchain and artificial intelligence (AI) can redefine various industries. Blockchain uses the analytical power and automation capabilities of AI to introduce enhanced data security, operational efficiency, and data privacy. These technologies enable automated, transparent, and secure transactions without the need for intermediaries. The AI algorithms can automate smart contracts and make them intelligent and adaptable to complex scenarios. Also Read: How Artificial Intelligence Is Redefining Biotechnology Innovation Opportunities in the Blockchain Technology Market How is the Opportunistic Rise of the Distributed Ledger Technology? According to Deloitte research in March 2025, the projected global infrastructure operational cost savings are approximately USD 15-20 billion annually for the U.S., Europe, and other major markets. This data is projected by considering the integration of smart contracts and automated processes within clearing and settlement activities. In October 2024, the survey report for the 6th annual global crypto hedge fund for the year 2024 stated that about 47% of its funds had exposure to digital assets, which are increased from 29% in 2023. In October 2024, VanEck Ventures announced the launch of a $30 million fund to support innovations in Fintech, AI, and Crypto. Also Read: Blockchain Beyond the Hype: Powering the Future of Cryptocurrency Limitations and Challenges in the Blockchain Technology Market What are the Vast Challenges associated with Technological Solutions? Scalability and Interoperability: The technological solutions are aiming to expand the capabilities of technologies to handle large volumes of transactions. They also aim to allow seamless interaction between different blockchain systems. Technological Complexity: The key challenges such as scalability issues, regulatory uncertainty, and the need for standardization hinder the adoption of blockchain in supply chains. Blockchain Technology Market Report Coverage and Key Metrics Report Attribute Key Statistics Market Size (2024) USD 26.91 Billion Market Size (2025) USD 41.15 Billion Market Forecast (2034) USD 1,879.30 Billion CAGR (2025–2034) 52.90% Base Year 2024 Forecast Year 2025-2034 Growth Drivers - Increased venture capital investments- Adoption in financial services- Utilization of smart contracts and digital identities- Government initiatives supporting blockchain integration Challenges Regulatory uncertainty hindering adoption across sectors Segments Covered Type, Component, Application, Enterprise, End-Use, and Region By Type (2024) Public Cloud: 61% Revenue Share By Component (2024) Infrastructure & Protocols: 63% Revenue Share By Application (2024) Payments: 45% Revenue Share By Enterprise Size (2024) Large Enterprises: 68.5% Revenue Share By End-Use (2024) Financial Services: 39% Revenue Share Regions Covered Asia Pacific, North America, Europe, Latin America, Middle East and Africa North America Market Share (2024) 46% U.S. Market Size (2024) USD 8.70 Billion U.S. Market Size by 2034 USD 619.28 Billion U.S. CAGR (2025–2034) 53.19% Set up a meeting at your convenience to get more insights instantly! How Did North America Dominate the Blockchain Technology Market in 2024? North America dominated the blockchain technology market in 2024. The North American governments and public sectors have adopted blockchain technology due to the emerging needs for building trust among the citizens, protecting the data, and reducing modern technological integration introduced lower prices and improved efficiency in verifying transactions within minutes. It has enormous potential to reduce financial infrastructure costs by $20 billion. There are various applications of this technology in the government sector and public services, which include smart cities, educational reforms, payroll tax, central banking, tracking, digital identity, and procurement. How is Blockchain Technology Utilized to Transform North American and U.S. Public Services? The U.S. has taken sponsored initiatives to transform the country using blockchain that have immense potential to streamline government processes. There is an extensive utilization of blockchain by accounting firms in the U.S. to manage extensive tax collections. According to the U.S. Department of Homeland Security, blockchain introduced enhanced transparency and auditing of public service operations. It has also presented greater supply chain visibility and automation to improve the delivery of products and services. In January 2025, the Department of Government Efficiency of Elon Musk announced exploring initiatives towards the use of the blockchain invention to enhance U.S. federal operations like data tracking, spending, and data security and storage. Source: What is the size of the U.S. Blockchain Technology Market? According to Precedence Research, the U.S. blockchain technology market size is predicted to surpass USD 619.28 billion by 2034 up from USD 13.33 billion in 2025 and is poise to grow at a solid CAGR of 53.19% from 2024 to 2034. This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for decision-making. Access the Full Report Sample Instantly@ How Asia Pacific is Rapidly Growing with Massive Technological Advancements? Asia Pacific is expected to grow at the fastest CAGR in the blockchain technology market during the forecast period. The innovative solutions across this region are emerging through various technologies like blockchain, Internet of Things (IoT), artificial intelligence, cloud data architecture, and geospatial technologies. The digital transformation and climate change are reshaping the Asian Pacific economies and societies. These digital technologies are strong pillars of climate action which also drive economic growth in this region. They allow practical policies and strategies to come to the forefront of society. The digital advanced and high-income countries are experiencing remarkable growth. Also Read: What made Singapore and the Republic of Korea the Most Digitally Advanced Countries? According to the Economic and Social Commission for Asia and the Pacific (ESCAP) index, the most digitally strengthened countries are Singapore, Nordic countries, and the Republic of Korea. These countries have been able to achieve their economic growth while reducing carbon emissions per capita and having a strong adaptive capacity. With the rise in GDP, there has been a significant reduction in greenhouse gas emissions per capita. The rapid industrialization and urbanization drive the need to establish extensive infrastructure. In June 2025, Blockchain Alliance International (BAI) announced the launch of the Asia-Pacific Digital Economy Initiative in Hong Kong. Source: Browse Our Subscription Plans@ What made European Markets the Leading Innovators of Modernization? Europe is seen to grow at a notable rate in the blockchain technology market in 2024. According to the European Commission, the European Union wishes to become a leader and a major innovator in blockchain or web3 technology. The European values and regulations for this invention are enhanced trust services, environmental sustainability, data protection, digital identity, cybersecurity, and interoperability. The European public sector is dedicated to establishing its own pan-European blockchain infrastructure with the help of European Blockchain Services Infrastructure. How does France Lead as the Pioneer in Adopting Blockchain for Legal Purposes? France collaborates with other European leading countries, like Germany, the United Kingdom, Sweden, and Estonia, to adopt this innovative solution. Estonia adopted blockchain to secure national data, smart devices, and e-services across the public and private sectors. The various sectors, including healthcare, business, succession registries, property, etc. encompass these vast systems. The German Federal Government focuses on using these services and applications to provide secured data to courts or official verification bodies. Sweden conducted a trial of a land registration system that uses blockchain through its land ownership authority. In July 2024, Ferrari announced the extension of cryptocurrency payment system to Europe after its launch in the U.S. Source: Blockchain Technology Market Segmentation Analysis By Type Analysis How Public Cloud Segment Dominated the Blockchain Technology Market in 2024? The public cloud segment dominated the blockchain technology market in 2024. The public cloud systems offer cost optimization, quick and easy set-up, and cloud scaling. Public cloud computing holds immense potential to turn global in minutes, achieve success through business innovations, and deliver improved security. They can optimize the budget of IT staff, offer shorter project delivery times, achieve high stability, and maximize uptime and zero risk failure. The private cloud segment is expected to grow at the fastest CAGR in the blockchain technology market during the forecast period. The principal types of private clouds, such as on-premises private cloud, virtual private cloud, hosted private cloud, and managed private cloud, are ideal because all resources are isolated and operated exclusively for one organization. Private cloud computing offers on-demand access to computing resources such as data storage, cloud servers, automation, software, networking capabilities, and data analytic tools. Also Read: High-Performance Computing-as-a-Service: Fueling AI, Big Data, and Beyond By Component Analysis What made Infrastructure and Protocols the Dominant Segment in the Blockchain Technology Market in 2024? The infrastructure and protocols segment dominated the blockchain technology market in 2024. The blockchain protocols offer a set of rules regarding data records, data storage, and data security within a blockchain network. These protocols represent the foundation of network operations for which developers need a suitable platform. The blockchain protocols offer an essential infrastructure and services to create and run applications within the blockchain ecosystem. The middleware segment is expected to grow at the fastest CAGR in the blockchain technology market during the predicted timeframe. Middleware is a transformative solution to fill the gaps between tools, applications, and databases that will deliver high-quality services to users. It can enhance the supply chain technology stacks by focusing on communication and data integration. Middleware platforms can enhance secure and efficient communication between different members in the supply chain network. Also Read: Supply Chain Gets Smarter: How Analytics Is Powering Global Logistics By Application Analysis How did the Payments Segment Dominate the Blockchain Technology Market in 2024? The payments segment dominated the blockchain technology market in 2024. The advantages of blockchain in payments include automation with smart contracts, elimination of intermediaries, safe and quick border payments, and transparency. Blockchain payment systems can settle transactions easily and can maintain the reliability of transactions. The transactions made via a blockchain network are immutable, stored in blockchain, and visible to everyone. The digital identity segment is expected to grow at the fastest CAGR in the blockchain technology market during the forecast period. There are wide advantages of digital identity for companies, IoT devices, and individuals where blockchain identity management systems can be used to resolve complex issues regarding inaccessibility, data insecurity, and fraudulent identities. The various components like decentralized identifiers, identity management, and embedded encryption allow blockchain technology to help users create and manage digital identities. Also Read: How Digital Payments Are Reshaping Global Commerce By Enterprise Analysis How Large Enterprises Segment Dominated the Blockchain Technology Market in 2024? The large enterprise segment dominated the blockchain technology market in 2024. Large enterprises enable users to experience streamlined cross-border payments and improved supply chain management. They offer enhanced security and privacy along with increased transparency and accountability. There is a great positive impact of adopting large-scale enterprises of blockchain technology. The small and medium enterprise segment is expected to grow at the fastest CAGR in the blockchain technology market during the predicted timeframe. The blockchain technology is revolutionizing small and medium enterprises by enhancing transparency and security. The SMEs are experiencing smart contracts, streamlined loan applications, and approval processes. They are enabled for efficient loan disbursement and repayment through the integration of blockchain services and solutions. By End Use Analysis What made Financial Services the Dominant Segment in the Blockchain Technology Market in 2024? The financial services segment dominated the blockchain technology market in 2024. The integration of blockchain in finances introduces transparency, trust, privacy, high-performance, scalability, and programmability. The digitization of financial services presents streamlined processes, economic benefits, and authenticity. Many use cases of blockchain in financial services include capital markets, lending, banking, asset management, payments, trade and finance, and insurance. The healthcare segment is expected to grow at the fastest CAGR in the blockchain technology market during the forecast period. The major blockchain use cases in digital healthcare include supply chain transparency, patient-centric electronic health records, smart contracts for insurance, medical staff credential verification, and IoT security for remote monitoring. These capabilities deliver several benefits, such as cost efficiency, security, traceability, and business process speed. The blockchain helps digital health companies with ensuring the security of remote monitoring devices. Related Topics You May Find Useful: The global FinTech blockchain market size was calculated at USD 0.48 trillion in 2024 and is predicted to hit around USD 21.59 trillion by 2034, expanding at a notable CAGR of 46.31% from 2025 to 2034. The global blockchain in energy market size is calculated at USD 2.07 billion in 2024 and is projected to surpass around USD 636.87 billion by 2034, growing at a CAGR of 77.34% from 2024 to 2034. The global blockchain AI market size was USD 445.41 million in 2023, calculated at USD 550.70 million in 2024 and is expected to reach around USD 3,718.34 million by 2033. The market is expanding at a solid CAGR of 23.64% over the forecast period 2024 to 2033. The global blockchain in healthcare market size was accounted for USD 9.56 billion in 2024 and is anticipated to reach around USD 193.43 billion by 2034, growing at a CAGR of 35.08% from 2025 to 2034. The global AI in supply chain market size accounted for USD 7.15 billion in 2024 and is predicted to increase from USD 9.94 billion in 2025 to approximately USD 192.51 billion by 2034, expanding at a CAGR of 39.00% from 2025 to 2034. Competitive Landscape in the Blockchain Technology Market Coinbase: Coinbase Global, Inc. is leading in the American cryptocurrency exchange and is the biggest bitcoin custodian in the world. Binance: Binance Holdings Ltd. is the prominent cryptocurrency exchange company and is well-renowned developer of high-frequency trading software. Ripple: It empowers financial institutions through its payments, custody, and stablecoin solutions for the integration of blockchain and digital assets into their businesses. MARA Holdings and Riot Platforms: These companies collaboratively implement sustainable practices in bitcoin mining. Bybit and Upbit: They represent dynamics in their deposit methods, supported cryptos, fees, user scores, trading types, and several other features. IBM: The American multinational technology company is leading from next-generation artificial intelligence (AI) to cutting-edge hybrid cloud solutions. R3: It is enabling trusted digital economy through digitization of financial services. Core Scientific: It delivers high-density computing solutions through a vast data expertise. Block: The American technology company and the leading player in the U.S. market in point-of-sale systems. Chainlink Labs: It is leading with a deep expertise in cryptography and decentralized systems. Hiro Systems: It is renowned to accelerate the development of bitcoin applications through Hiro platforms. Chainalysis: The American blockchain analysis firm, driving actionable results in bitcoin tracing and crypto challenges. Coinme: It provides a secure online platform to buy and sell crypto or bitcoin instantly by using debit or cash. Robinhood: The American financial services company dedicated towards advanced trading tools and commission-free investments. What is Going Around the Globe? In September 2024, the Government of India announced the launch of Vishvasya-Blockchain Technology Stack to provide Blockchain-as-a-Service with a greatly expanded infrastructure in one of the programmes held at the Ministry of Electronics and Information Technology (MeitY). This launch will support various blockchain-based applications. Source: In December 2024, Nazara Technologies Ltd reported the signing of a letter of intent (LoI) with Lysto to boost the development of a Growth Protocol, a blockchain-based infrastructure, especially designed for digital marketing and growth applications. Source: The Blockchain Technology Market report is categorizes into the following segments and subsegments: By Type Public Cloud Private Cloud Hybrid Cloud By Component Application & Solution Middleware Infrastructure & Protocols By Application Digital Identity Payments Exchanges Supply Chain Management Smart Contracts Others By Enterprise Large Enterprises Small & Medium Enterprises By End-Use Financial Services Healthcare Government Media & Entertainment Transportation & Logistics Retail Travel Others By Region North America U.S. Canada Mexico Asia Pacific China Singapore Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa South Africa UAE Saudi Arabia Kuwait Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or Asia Pacific. Immediate Delivery Available | Buy This Premium Research Report@ You can place an order or ask any questions, please feel free to contact at sales@ | +1 804 441 9344 Stay Ahead with Precedence Research Subscriptions Unlock exclusive access to powerful market intelligence, real-time data, and forward-looking insights, tailored to your business. From trend tracking to competitive analysis, our subscription plans keep you informed, agile, and ahead of the curve. Browse Our Subscription Plans@ About Us Precedence Research is a worldwide market research and consulting organization. We give an unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally. Web: Our Trusted Data Partners: Towards Healthcare | Towards Packaging | Towards Automotive | Towards Chem and Materials | Towards FnB | Towards Consumer Goods | Statifacts | Towards EV Solutions | Towards Dental | Nova One Advisor Get Recent News: For Latest Update Follow Us: LinkedIn | Facebook | TwitterError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
