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Blockchain Security Market worth $37.4 billion by 2029- Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 6, 2024 /PRNewswire/ — When forecasted globally, the Blockchain Security Market is projected to rise from USD 3.0 billion in 2024 to USD 37.4 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period. The Blockchain Security Market is driven by key factors including the rising frequency of cybersecurity threats and breaches, the growing adoption of blockchain technology, and the expansion of Decentralized Finance (DeFi).

Browse in-depth TOC on “Blockchain Security Market”

450 – Tables
250 – Figures
320 – Pages

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Scope of the Report

Report Metrics

Details

Market size available for years

2021–2029

Base year considered

2023

Forecast period

2024–2029

Forecast units

Value (USD Billion) 

Segments Covered

Solution, Service, Deployment Mode, Organization Size, Vertical, and Region

Geographies covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America  

Companies covered

Major vendors in the global Blockchain Security Market are IBM (US), Amazon Web Services, Inc. (AWS) (US),  Thales (France), Oracle (US), Infosys Limited (India), Infineon Technologies (Germany), Kudelski Security (Switzerland), ScienceSoft (US), Kaspersky Lab (Switzerland), Aujas Cybersecurity (US), Chainalysis (US), CertiK (US), Consensys (US), Bitfury Group Limited (Netherlands), LeewayHertz (India), Fortanix (US), Utimaco (Germany), Hacken (Estonia), Bit Sentinel (Romania), Astra IT, Inc (India), Kaleido, Inc (US), Microminder Cybersecurity (UK), Arridae Infosec (India), OVHcloud (France), and CryptoSec (US).  

The Blockchain Security Market is expanding due to integration with emerging technologies like AI and IoT, which enhance threat detection and data security. The rising demand for third-party security audits helps organizations identify vulnerabilities and build trust. Additionally, blockchain applications are growing across diverse sectors, such as healthcare and supply chain management, necessitating robust security measures. The increasing use of smart contracts also drives the need for advanced security solutions to prevent unauthorized access and exploitation.

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Based on the services, technology advisory and consulting to account for the largest market size during the forecast period.

When segmenting the Blockchain Security Market by services, the technology, advisory, and consulting services acquire the largest market size for several compelling reasons. This dominance is driven by the increasing need for expert guidance to navigate the complexities of blockchain technology and ensure robust security measures. As organizations adopt blockchain for various applications, they seek specialized services to assess risks, design secure infrastructures, and implement compliance strategies. The demand for advisory and consulting services is further fueled by the rapid evolution of blockchain technology and its integration with other emerging technologies, necessitating continuous expertise and updated security frameworks.

By Vertical, retail & eCommerce accounts for the highest CAGR during the forecast period.

The retail & eCommerce vertical is growing at the highest CAGR in the Blockchain Security Market, and there are many factors contributing to it. Such growth is primarily driven by the increasing adoption of blockchain technology to enhance transaction security, prevent fraud, and improve supply chain transparency. Retail and e-commerce businesses are leveraging blockchain for secure payment processing, data privacy, and protection against cyber threats. As these sectors continue to expand their digital operations and customer interactions, the demand for robust blockchain security solutions is expected to grow significantly, leading to a higher CAGR compared to other verticals.

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By Region, North America accounts for the largest market size.

It is estimated that North America holds the largest market size in the Blockchain Security Market; the reason is attributed to the early adoption of blockchain technology across various industries in the region, particularly in sectors such as finance, healthcare, and retail. The presence of major technology companies and a robust regulatory framework supporting blockchain innovation further strengthens North America’s position. Additionally, the increasing number of cybersecurity threats and the rising focus on securing blockchain applications drive the demand for advanced blockchain security solutions in the region, making it the largest market during the forecasted period.

Top Key Companies in Blockchain Security Market:

IBM (US), Amazon Web Services, Inc. (AWS) (US),  Thales (France), Oracle (US), Infosys Limited (India), Infineon Technologies (Germany), Kudelski Security (Switzerland), ScienceSoft (US), Kaspersky Lab (Switzerland), Aujas Cybersecurity (US), Chainalysis (US), CertiK (US), Consensys (US), Bitfury Group Limited (Netherlands), LeewayHertz (India), Fortanix (US), Utimaco (Germany), Hacken (Estonia), Bit Sentinel (Romania), Astra IT, Inc (India), Kaleido, Inc (US), Microminder Cybersecurity (UK), Arridae Infosec (India), OVHcloud (France), and CryptoSec (US) are the key players and other players in the Blockchain Security Market.

Browse Adjacent Market: Information Security Market Research Reports & Consulting

Browse Other Reports:

IoT Security Market – Global Forecast to 2029

Zero Trust Security Market– Global Forecast to 2029

Identity and Access Management Market– Global Forecast to 2029

Identity Verification Market– Global Forecast to 2028

Phishing Protection Market– Global Forecast to 2028

Get access to the latest updates on Blockchain Security Companies and Blockchain Security Industry

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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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TPA Technologies Named A Workday Staffing Partner

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BOSTON, Jan. 7, 2025 /PRNewswire/ — TPA technologies, a leading technology consulting firm, today announced that it has signed a partnership agreement with Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money. This partnership will expand and enhance TPA technologies’ ability to deliver Workday-certified talent to organizations implementing the Workday platform.

To meet the growing needs of clients, TPA technologies expanded its team of Workday experts to help connect top talent with Workday support opportunities. Led by Michael Wrightington, who brings 10 years of expertise in supporting the Workday ecosystem, its practice continues to thrive. As a Workday Partner, TPA technologies will offer clients the ability to work with a trusted partner that understands their needs and can provide the team needed to support their implementation and use of Workday.

“The need for Workday certified professionals continues, and we have to adapt to serve our clients and consultants,” said TPA technologies president Dan Hinckley. “Our ability to understand technology challenges and find the talent needed to solve them is at the heart of our team.”

Workday Financial Management, Workday Human Capital Management (HCM), and Workday Adaptive Planning support a full range of financial and people-based processes that help provide real-time operational visibility along with the speed and agility to plan for and adapt to business growth and change.

For more information on TPA technologies’ Workday Practice, visit: https://tpatechnologies.com/solutions/workday-services/

About TPA technologies 
TPA technologies is a leading technology consulting firm serving the information technology needs of national and international clients seeking “Staffing Solutions.” TPA is headquartered in Boston MA. www.tpatechnologies.com

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Elsayed Talaat Appointed President & CEO of Universities Space Research Association

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WASHINGTON, Jan. 7, 2025 /PRNewswire/ — Universities Space Research Association (USRA) announced today that Dr. Elsayed Talaat will join USRA as President and CEO, effective January 27. Dr. Talaat is an accomplished leader with a strong background in Atmospheric and Space Science and well-rounded experience with NOAA, NASA, and JHU/APL. Dr. Talaat has been responsible for programmatic and technical coordination with OSTP, the Department of Defense, other federal agencies, non-Federal agendas/industries, and international partners. Dr. Talaat was selected following an extensive national search undertaken by the USRA Board of Trustees, assisted by the executive search firm of Korn Ferry

Currently, Dr. Elsayed Talaat is the Director of the Office of Space Weather Observations at NESDIS, where he provides leadership and oversight in the development, acquisition, integration, installation, and acceptance of major system elements (spacecraft, instruments, launch services, and ground systems) for NOAA’s operational environmental satellite systems.

Before joining NOAA, Dr. Talaat was the Chief Scientist of the Heliophysics Division at NASA Headquarters. In this role, he directed overall development efforts for the Heliophysics space science program in Solar, Heliospheric, Magnetospheric, and Ionospheric, Thermospheric, and Mesospheric physics. Previously, he was a Program Scientist at NASA Headquarters where he served as Program Scientist for the Living with a Star mission and science line, grant research lines, and Heliophysics and Planetary missions.

Prior to joining NASA, he was Supervisor of the Earth and Planetary Atmospheres Section at the Johns Hopkins University Applied Physics Laboratory (APL), where his research focused on developing remote sensing techniques and data analysis and modeling of geophysical and planetary phenomena.

 “We are excited to welcome Dr. Talaat as the next CEO of USRA. We firmly believe he is the ideal leader to guide the organization into its next phase of growth and success,” said Gen Lester Lyles, Chair of the Board of Trustees. “Dr. Talaat brings extensive leadership experience and a strong track record of success from his time at NOAA, NASA, and APL, which will enhance USRA’s credibility and collaboration with these key agencies and with our University Association. He has demonstrated an exceptional ability to build coalitions with both existing and prospective partners, always with a focus on addressing future customer needs. Additionally, his forward-thinking vision for leveraging USRA’s unique University Association value proposition positions the organization for continued success. We are excited to see how Dr. Talaat will build upon Dr. Isaacson’s remarkable legacy and drive USRA towards an even brighter future.”

Dr. Talaat received his Bachelor of Science in Aeronautics and Astronautics Engineering from the University of Washington, and a Master of Science and Doctorate from the University of Michigan in Atmospheric and Space Sciences. He has authored or collaborated on over 60 journal papers and over 250 conference papers.

About USRA

Founded in 1969, under the auspices of the National Academy of Sciences at the request of the U.S. Government, the Universities Space Research Association (USRA) is a nonprofit corporation chartered to advance space-related science, technology, and engineering. USRA operates scientific institutes and facilities and conducts other major research and educational programs. It is an association with 121 university members. It engages the broader university community, employs in-house scientific talent, and offers innovative research, development, and project management expertise. More information about USRA is available at www.usra.edu.

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Suraiya Farukhi
sfarukhi@usra.edu 
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Neusoft Showcases Comprehensive AI-powered Solutions for Intelligent Mobility at CES 2025

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LAS VEGAS, Jan. 7, 2025 /PRNewswire/ — Neusoft Corporation (Neusoft, SSE:600718), an industry-leading information technology, products and solutions company for global market, attended the Consumer Electronics Show 2025 (CES) and showcased a comprehensive range of intelligent automotive products, solutions and services powered by AI and driven by data. Under the theme “Dive In”, CES 2025 highlights the rapid advancement of AI technologies and their infiltration into various industries. Having launched its intelligent solutions strategy early last year, Neusoft attracted great attention at CES, demonstrating its steadfast commitment to global cooperation in driving the digital and intelligent transformation of the automotive industry.

At the exhibition, Neusoft showcased its intelligent cockpit systems, intelligent communication terminals, global navigation, AR-HUD, as well as its full-stack, all-domain automotive software engineering services. Among the highlights of Neusoft’s display was its OneCoreGo Global In-vehicle Intelligent Mobility Solution 5.0. With “One Map, One Sight, and One Store” product system, this innovative solution integrates Neusoft’s years of software technology expertise, its Navigation Product Family (Global Navigation, EHP, ISA, DR), AR For Car products, and global ecosystem partners’ resources, to build a comprehensive and intelligent one-stop solution, enabling global automakers to cater to the diverse mobility demands of users worldwide and deliver exceptional in-vehicle intelligent mobility experience.

As a key technology and innovation partner of automakers in the era of Software-Defined Vehicle (SDV), Neusoft possesses over 30 years of experience in automotive software R&D and provides a comprehensive range of automotive products, solutions and services to automakers & tier1 suppliers for their SDV transformation. With a global R&D and delivery network centered in China, Germany, Japan, US, and Malaysia, Neusoft’s automotive products and services have been applied to 1,800+ vehicle models, across 100+ countries, serving 50+ globally renowned automakers.

Looking into the future, Neusoft will stay aligned with the latest industry trends and evolving customer demands, continuously innovate in technology and products, collaborate with global ecosystem partners, to drive the mobility experience towards a future of unparalleled connectivity and intelligence.

For more information about Neusoft, please visit www.neusoft.com.

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