Blockchain As-A-Service refers to a platform which allows companies to create and operate their own blockchain applications. The service provider provides infrastructure and blockchain building tools and also facilitates in running applications with minimum hassle. Apart from cryptocurrencies, blockchain is widely in demand in various industries as it provides supply chain transparency and reduces risk. BaaS application ranges from Compliance Management, Inventory management, Identity Management, Supply Chain Management, Smart Contracts, and Others.

1. Blockchain As-A-Service Market: Segmented: By Component (Tools, Services), By Application
(Compliance Management, Smart Contracts, Supply Chain Management, Identity Management,
Inventory management, and Others), By Industry Vertical (BFSI, Healthcare and Life Sciences,
Retail and E-Commerce, Government, Manufacturing, Telecom and IT, Energy and Utilities,
Others), And Region – Global Analysis of Market Size, Share & Trends For 2021–2022 And
Forecasts To 2032
PRODUCT OVERVIEW
Blockchain As-A-Service refers to a platform which allows companies to create and operate their
own blockchain applications. The service provider provides infrastructure and blockchain building
tools and also facilitates in running applications with minimum hassle. Apart from cryptocurrencies,
blockchain is widely in demand in various industries as it provides supply chain transparency and
reduces risk.
MARKET HIGHLIGHTS
Blockchain As-A-Service market is expected to project a notable CAGR of 58.7% in 2032.
Usage of Distributed Ledger Technology based on advanced analytics and increasing investments
and rising trend of BaaS based on cloud platforms are the factors driving the Blockchain As-A-Service
market.
BLOCKCHAIN AS-A-SERVICE MARKET: SEGMENTS
Tools segment to grow with the highest CAGR during 2022-32
Blockchain As-A-Service market is classified on the basis of components into Tools, and Services.
Tools is projected to grow with the highest CAGR during the forecast period. The growth is
attributed to the increasing adoption in the BFSI sector for secure and advanced transaction
facilities. Many banks and financial institutions are using blockchain technology to protect data of
customers from external threats.
BFSI segment to grow with the highest CAGR during 2022-32
MARKET DYNAMICS
GROWTH DRIVERS
Usage of Distributed Ledger Technology based on Advance Analytics
BFSI sector is adopting new technology to secure the data and transactions of its customers.
Blockchain as a service is a decentralized technology that allows sharing of data in a secure mode.
Wide adoption of distributed ledger technology based on advanced analytics in financial sectors is
supporting the transaction of digital currency. DLT being a decentralized system is being used for
increasing fiscal efficiency which will drive the market growth of Blockchain As-A-Service.
Increasing Investments and Rising Trend of BaaS based on Cloud Platform
RESTRAINT
Lack of Skilled Professionals and High Initial Expenses
Comprehending blockchain technology requires skilled professionals, lack of which can prevent the
market growth.

2. BLOCKCHAIN AS-A-SERVICE MARKET: KEY PLAYERS
• Microsoft Corporation
• IBM Corporation
• SAP SE
• Amazon Web Services
• Oracle Corporation
• Accenture PLC
• Deloitte Touche Tohmatsu Limited
• Cognizant
• Infosys Limited
• Capgemini SE
• Huawei Technologies Co. Ltd
• Tata Consultancy Services Ltd.
• Baidu Inc.
• VMware Inc.
• Stratis Group Ltd.
• Other Prominent Players
BLOCKCHAIN AS-A-SERVICE REPORT ALSO CONTAINS ANALYSIS ON:
Blockchain As-A-Service Segments:
• By Component
o Tools
o Services
• By Application
o Compliance Management
o Smart Contracts
o Supply Chain Management
o Identity Management
o Inventory management
o Others
• By Industry Vertical
o BFSI
o Healthcare and Life Sciences
o Retail and E-Commerce
o Government
o Manufacturing
o Telecom and IT
o Energy and Utilities,
o Others
• Blockchain As-A-Service Market Dynamics
• Blockchain As-A-Service Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market

3. • Market Drivers and Restraints
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both
economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to
dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as
indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with
new service/product launches, partnerships, business expansions, and acquisitions in the past five
years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product
benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent
developments which involve growth opportunities and drivers as well as challenges and restraints of
both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces
analysis