The Latin America, Middle East and Africa Blockchain IoT Market would witness market growth of 59.9% CAGR during the forecast period (2023-2030).
For safety and regulatory compliance, tracking the components used in automobiles, aircraft, and other products is crucial. The IoT data stored in distributed digital ledgers permits all parties to view component provenance across the entire product life cycle. Sharing information with shippers, regulatory agencies, and manufacturers becomes effortless.
The data that will be handled, examined, personalized, and distributed among authorized suppliers can be chosen using blockchain technology. Blockchain legitimizes data and verifies that it originates from a reliable source. This strengthens privacy agreements to improve the security of communications. There must be multiple layers of security in place to prevent unauthorized access. Blockchain facilitates this and maintains the data's security and limited access control.
The Saudi central bank is one of the first regional central banks to work with blockchain technology for money transactions. The Fintech Saudi Initiative in collaboration with the Capital Market Authority (CMA), the introduction of the SAMA Regulatory Sandbox, and a variety of digital banking services and payments are additional initiatives launched by SAMA to develop Fintech in the Kingdom.
The SaS Center for Entrepreneurship under MTCIT is directing a smart cities project to come up with initiatives in artificial intelligence, Internet of Things (IoT), and blockchain. Omantel provides government clients with smart cities project implementation and ICT solutions, such as blockchain technology and smart cloud call center services. Consequently, it is anticipated that the market will experience substantial growth during the forecast period.
The Brazil market dominated the LAMEA Blockchain IoT Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $226 million by 2030. The Argentina market is poised to grow at a CAGR of 60.8% during (2023 - 2030). Additionally, The UAE market would display a CAGR of 59.5% during (2023 - 2030).
Based on Application, the market is segmented into Smart Contracts, Data Security. Asset Tracking & Management, and Others. Based on Vertical, the market is segmented into Transportation & Logistics, Consumer Electronics, Manufacturing, Healthcare, Retail, Smart City, and Others. Based on Component, the market is segmented into Software & Platform, Hardware, and Services. Based on Organization Size, the market is segmented into Large Enterprises, and SMEs. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Blockchain IoT Market is Projected to reach USD 11.9 Billion by 2030, at a CAGR of 57.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Amazon.com, Inc., Intel Corporation, Microsoft Corporation, Cisco Systems, Inc., The Linux Foundation, KrypC Technologies, IoTeX, ArcTouch LLC (AKQA Group) (WPP plc), and R3 LLC.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Smart Contracts
- Data Security
- Asset Tracking & Management
- Others
By Vertical
- Transportation & Logistics
- Consumer Electronics
- Manufacturing
- Healthcare
- Retail
- Smart City
- Others
By Component
- Software & Platform
- Hardware
- Services
By Organization Size
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Amazon.com, Inc.
- Intel Corporation
- Microsoft Corporation
- Cisco Systems, Inc.
- The Linux Foundation
- KrypC Technologies
- IoTeX
- ArcTouch LLC (AKQA Group) (WPP plc)
- R3 LLC
TABLE 1 LAMEA Blockchain IoT Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Blockchain IoT Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Blockchain IoT Market by Application, 2019 - 2022, USD Million
TABLE 4 LAMEA Blockchain IoT Market by Application, 2023 - 2030, USD Million
TABLE 5 LAMEA Smart Contracts Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Smart Contracts Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Data Security Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Data Security Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Asset Tracking & Management Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Asset Tracking & Management Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Blockchain IoT Market by Vertical, 2019 - 2022, USD Million
TABLE 14 LAMEA Blockchain IoT Market by Vertical, 2023 - 2030, USD Million
TABLE 15 LAMEA Transportation & Logistics Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Transportation & Logistics Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Consumer Electronics Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Retail Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Retail Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Smart City Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Smart City Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Blockchain IoT Market by Component, 2019 - 2022, USD Million
TABLE 30 LAMEA Blockchain IoT Market by Component, 2023 - 2030, USD Million
TABLE 31 LAMEA Software & Platform Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Software & Platform Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Hardware Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Hardware Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Services Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Blockchain IoT Market by Organization Size, 2019 - 2022, USD Million
TABLE 38 LAMEA Blockchain IoT Market by Organization Size, 2023 - 2030, USD Million
TABLE 39 LAMEA Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 41 LAMEA SMEs Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA SMEs Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Blockchain IoT Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA Blockchain IoT Market by Country, 2023 - 2030, USD Million
TABLE 45 Brazil Blockchain IoT Market, 2019 - 2022, USD Million
TABLE 46 Brazil Blockchain IoT Market, 2023 - 2030, USD Million
TABLE 47 Brazil Blockchain IoT Market by Application, 2019 - 2022, USD Million
TABLE 48 Brazil Blockchain IoT Market by Application, 2023 - 2030, USD Million
TABLE 49 Brazil Blockchain IoT Market by Vertical, 2019 - 2022, USD Million
TABLE 50 Brazil Blockchain IoT Market by Vertical, 2023 - 2030, USD Million
TABLE 51 Brazil Blockchain IoT Market by Component, 2019 - 2022, USD Million
TABLE 52 Brazil Blockchain IoT Market by Component, 2023 - 2030, USD Million
TABLE 53 Brazil Blockchain IoT Market by Organization Size, 2019 - 2022, USD Million
TABLE 54 Brazil Blockchain IoT Market by Organization Size, 2023 - 2030, USD Million
TABLE 55 Argentina Blockchain IoT Market, 2019 - 2022, USD Million
TABLE 56 Argentina Blockchain IoT Market, 2023 - 2030, USD Million
TABLE 57 Argentina Blockchain IoT Market by Application, 2019 - 2022, USD Million
TABLE 58 Argentina Blockchain IoT Market by Application, 2023 - 2030, USD Million
TABLE 59 Argentina Blockchain IoT Market by Vertical, 2019 - 2022, USD Million
TABLE 60 Argentina Blockchain IoT Market by Vertical, 2023 - 2030, USD Million
TABLE 61 Argentina Blockchain IoT Market by Component, 2019 - 2022, USD Million
TABLE 62 Argentina Blockchain IoT Market by Component, 2023 - 2030, USD Million
TABLE 63 Argentina Blockchain IoT Market by Organization Size, 2019 - 2022, USD Million
TABLE 64 Argentina Blockchain IoT Market by Organization Size, 2023 - 2030, USD Million
TABLE 65 UAE Blockchain IoT Market, 2019 - 2022, USD Million
TABLE 66 UAE Blockchain IoT Market, 2023 - 2030, USD Million
TABLE 67 UAE Blockchain IoT Market by Application, 2019 - 2022, USD Million
TABLE 68 UAE Blockchain IoT Market by Application, 2023 - 2030, USD Million
TABLE 69 UAE Blockchain IoT Market by Vertical, 2019 - 2022, USD Million
TABLE 70 UAE Blockchain IoT Market by Vertical, 2023 - 2030, USD Million
TABLE 71 UAE Blockchain IoT Market by Component, 2019 - 2022, USD Million
TABLE 72 UAE Blockchain IoT Market by Component, 2023 - 2030, USD Million
TABLE 73 UAE Blockchain IoT Market by Organization Size, 2019 - 2022, USD Million
TABLE 74 UAE Blockchain IoT Market by Organization Size, 2023 - 2030, USD Million
TABLE 75 Saudi Arabia Blockchain IoT Market, 2019 - 2022, USD Million
TABLE 76 Saudi Arabia Blockchain IoT Market, 2023 - 2030, USD Million
TABLE 77 Saudi Arabia Blockchain IoT Market by Application, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia Blockchain IoT Market by Application, 2023 - 2030, USD Million
TABLE 79 Saudi Arabia Blockchain IoT Market by Vertical, 2019 - 2022, USD Million
TABLE 80 Saudi Arabia Blockchain IoT Market by Vertical, 2023 - 2030, USD Million
TABLE 81 Saudi Arabia Blockchain IoT Market by Component, 2019 - 2022, USD Million
TABLE 82 Saudi Arabia Blockchain IoT Market by Component, 2023 - 2030, USD Million
TABLE 83 Saudi Arabia Blockchain IoT Market by Organization Size, 2019 - 2022, USD Million
TABLE 84 Saudi Arabia Blockchain IoT Market by Organization Size, 2023 - 2030, USD Million
TABLE 85 South Africa Blockchain IoT Market, 2019 - 2022, USD Million
TABLE 86 South Africa Blockchain IoT Market, 2023 - 2030, USD Million
TABLE 87 South Africa Blockchain IoT Market by Application, 2019 - 2022, USD Million
TABLE 88 South Africa Blockchain IoT Market by Application, 2023 - 2030, USD Million
TABLE 89 South Africa Blockchain IoT Market by Vertical, 2019 - 2022, USD Million
TABLE 90 South Africa Blockchain IoT Market by Vertical, 2023 - 2030, USD Million
TABLE 91 South Africa Blockchain IoT Market by Component, 2019 - 2022, USD Million
TABLE 92 South Africa Blockchain IoT Market by Component, 2023 - 2030, USD Million
TABLE 93 South Africa Blockchain IoT Market by Organization Size, 2019 - 2022, USD Million
TABLE 94 South Africa Blockchain IoT Market by Organization Size, 2023 - 2030, USD Million
TABLE 95 Nigeria Blockchain IoT Market, 2019 - 2022, USD Million
TABLE 96 Nigeria Blockchain IoT Market, 2023 - 2030, USD Million
TABLE 97 Nigeria Blockchain IoT Market by Application, 2019 - 2022, USD Million
TABLE 98 Nigeria Blockchain IoT Market by Application, 2023 - 2030, USD Million
TABLE 99 Nigeria Blockchain IoT Market by Vertical, 2019 - 2022, USD Million
TABLE 100 Nigeria Blockchain IoT Market by Vertical, 2023 - 2030, USD Million
TABLE 101 Nigeria Blockchain IoT Market by Component, 2019 - 2022, USD Million
TABLE 102 Nigeria Blockchain IoT Market by Component, 2023 - 2030, USD Million
TABLE 103 Nigeria Blockchain IoT Market by Organization Size, 2019 - 2022, USD Million
TABLE 104 Nigeria Blockchain IoT Market by Organization Size, 2023 - 2030, USD Million
TABLE 105 Rest of LAMEA Blockchain IoT Market, 2019 - 2022, USD Million
TABLE 106 Rest of LAMEA Blockchain IoT Market, 2023 - 2030, USD Million
TABLE 107 Rest of LAMEA Blockchain IoT Market by Application, 2019 - 2022, USD Million
TABLE 108 Rest of LAMEA Blockchain IoT Market by Application, 2023 - 2030, USD Million
TABLE 109 Rest of LAMEA Blockchain IoT Market by Vertical, 2019 - 2022, USD Million
TABLE 110 Rest of LAMEA Blockchain IoT Market by Vertical, 2023 - 2030, USD Million
TABLE 111 Rest of LAMEA Blockchain IoT Market by Component, 2019 - 2022, USD Million
TABLE 112 Rest of LAMEA Blockchain IoT Market by Component, 2023 - 2030, USD Million
TABLE 113 Rest of LAMEA Blockchain IoT Market by Organization Size, 2019 - 2022, USD Million
TABLE 114 Rest of LAMEA Blockchain IoT Market by Organization Size, 2023 - 2030, USD Million
TABLE 115 Key information – IBM Corporation
TABLE 116 Key Information – Amazon.com, Inc.
TABLE 117 Key Information – Intel Corporation
TABLE 118 key information – Microsoft Corporation
TABLE 119 Key Information – Cisco Systems, Inc.
TABLE 120 key Information – The Linux Foundation
TABLE 121 Key Information – KrypC Technologies
TABLE 122 Key Information – IoTeX
TABLE 123 Key Information – ArcTouch LLC
TABLE 124 Key Information – R3 LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Blockchain IoT Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Blockchain IoT Market
FIG 4 Porter’s Five Forces Analysis - Blockchain IoT Market
FIG 5 LAMEA Blockchain IoT Market share by Application, 2022
FIG 6 LAMEA Blockchain IoT Market share by Application, 2030
FIG 7 LAMEA Blockchain IoT Market by Application, 2019 - 2030, USD Million
FIG 8 LAMEA Blockchain IoT Market share by Vertical, 2022
FIG 9 LAMEA Blockchain IoT Market share by Vertical, 2030
FIG 10 LAMEA Blockchain IoT Market by Vertical, 2019 - 2030, USD Million
FIG 11 LAMEA Blockchain IoT Market share by Component, 2022
FIG 12 LAMEA Blockchain IoT Market share by Component, 2030
FIG 13 LAMEA Blockchain IoT Market by Component, 2019 - 2030, USD Million
FIG 14 LAMEA Blockchain IoT Market share by Organization Size, 2022
FIG 15 LAMEA Blockchain IoT Market share by Organization Size, 2030
FIG 16 LAMEA Blockchain IoT Market by Organization Size, 2019 - 2030, USD Million
FIG 17 LAMEA Blockchain IoT Market share by Country, 2022
FIG 18 LAMEA Blockchain IoT Market share by Country, 2030
FIG 19 LAMEA Blockchain IoT Market by Country, 2019 - 2030, USD Million
FIG 20 Recent strategies and developments: IBM Corporation
FIG 21 Swot Analysis: IBM Corporation
FIG 22 Recent strategies and developments: Amazon.com, Inc.
FIG 23 SWOT analysis: Amazon.com, Inc.
FIG 24 SWOT Analysis: Intel corporation
FIG 25 SWOT Analysis: Microsoft Corporation
FIG 26 SWOT Analysis: Cisco Systems, Inc.
FIG 27 SWOT analysis: The Linux Foundation
FIG 28 SWOT analysis: KrypC Technologies
FIG 29 SWOT analysis: IoTeX
FIG 30 SWOT analysis: ArcTouch LLC
FIG 31 SWOT analysis: R3 LLC