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“Blockchain Spending, $12.4 billion by 2022”

It is predicted that this year’s global blockchain-related spending will reach $2.9 billion (about KRW 3.2 trillion), an 88.7% increase from last year.

According to a report released by market research firm IDC, blockchain spending in 2019 will be centered on the financial sector, and it is expected to invest more than $1.1 billion in banks, securities, investments and insurance. On the other hand, blockchain spending on manufacturing and distribution is expected to reach $6.53 billion and $6.42 billion, respectively. It is also expected to invest $7.38 billion in cross-border payments and trade finance.

By region, the U.S. is expected to reach $1.1 billion, Western Europe $6.74 billion, and China $31.9 billion.

IDC predicts that from 2018 to 2022, global blockchain spending will grow rapidly, with an average annual growth rate of 76%. Accordingly, by 2022, the total amount of global blockchain spending is expected to reach $12.4 billion. IDC previously predicted global blockchain spending at $9.7 billion in 2021 and $11.7 billion in 2022. Related information can be found here .

lswcap

lswcap

Through the monthly AHC PC and HowPC magazine era, he has watched 'technology age' in online IT media such as ZDNet, electronic newspaper Internet manager, editor of Consumer Journal Ivers, TechHolic publisher, and editor of Venture Square. I am curious about this market that is still full of vitality.

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