Blockchain in Energy Market saw a massive growth, valued at USD 2.07 billion in 2024 and projected to reach USD 202.71 billion by 2032, with a 77.4% CAGR. The integration of blockchain is revolutionizing energy systems, enabling P2P trading, grid management, secure transactions, and lower costs.

Public blockchain sector holds over 59% market share, facilitating transparency and inclusivity. Private blockchain segment is expected to grow at 80.7% CAGR. Power segment led in 2024, driven by smart grids. Oil & Gas segment projected to grow at 82.07% CAGR. P2P segment dominated, while Grid Transactions segment to grow at 82.1% CAGR.

North America led Blockchain in Energy Market in 2024, with the U.S. pioneering P2P trading. Asia-Pacific has a 80.8% CAGR, driven by China. Europe, Middle East, Africa, and Latin America are also adopting blockchain for energy transparency and efficiency. Recent developments include LO3 Energy’s decentralized microgrid and the launch of the Canton Network for secure transactions.

Read more at GlobeNewswire: Blockchain in Energy Market Size to Surpass USD 202.71