Blockchain in Manufacturing Market to Witness Exponential

From GlobeNewswire: 2025-06-27 10:00:00

In 2023, the Blockchain in Manufacturing market was valued at USD 3.9 billion and is projected to reach USD 116.9 billion by 2032, with a CAGR of 45.93%. This growth is driven by the increasing integration of blockchain technology in manufacturing operations to enhance transparency, traceability, and efficiency.

The U.S. Blockchain in Manufacturing market is expected to reach USD 28.7 billion by 2032, growing at a CAGR of 45.54%. Manufacturers are adopting blockchain solutions to streamline supply chains, improve data security, and ensure real-time visibility into production processes, reducing fraud and operational costs in the industrial ecosystem.

Infrastructure and Protocols Providers segment holds 61% of total revenue in the blockchain in manufacturing market, supporting decentralized, secure data exchange for industrial operations. Applications and Solution Providers segment is projected to grow the fastest, enabling traceability, compliance, and inventory automation for manufacturers.

Logistics and Supply Chain Management segment dominates the blockchain in manufacturing market, improving traceability and transparency across supply networks. Electronics and Semiconductor segment leads with high blockchain adoption for traceability and fraud prevention, ensuring secure supply chains and data integrity.

North America leads the blockchain in manufacturing market, with Asia Pacific witnessing the fastest blockchain growth from 2024 to 2032. Governments support, regulatory friendliness, and deep tech-manufacturer partnerships drive blockchain adoption in the U.S., Canada, and Asia Pacific for sustainable manufacturing ecosystems.



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