The North America Smart Contracts Market would witness market growth of 49.2% CAGR during the forecast period (2023-2030).
Smart contracts have become a revolutionary force in the rapidly changing field of blockchain technology, revolutionizing the way parties engage in digital agreements and transactions. These self-executing contracts, encoded with predefined rules and conditions, operate on decentralized blockchain networks, providing a trustless and automated framework for many applications. The smart contracts market, propelled by the growing adoption of blockchain technology, has witnessed significant advancements, applications across diverse industries, and a continuous wave of innovation.
In addition, the adoption of smart contracts marks a paradigm shift in the way contractual agreements are conceptualized, executed, and enforced. As businesses and industries seek efficient, secure, and transparent solutions, smart contracts offer a decentralized alternative to traditional contractual processes. The adoption of blockchain, the underlying technology powering smart contracts, has fostered trust and reduced reliance on intermediaries in digital transactions.
The United States has been a significant player in the financial sectors, and adopting digital trading platforms has been a prominent trend. These platforms facilitate the electronic buying and selling of financial instruments by investors, thereby enhancing trading efficiency and accessibility. Thus, growing digital trading and healthcare investments in North America are expected to boost the demand for smart contracts in the region.
The US market dominated the North America Smart Contracts Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,614.6 million by 2030. The Canada market is experiencing a CAGR of 52.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 51.2% during (2023 - 2030).
Free Valuable Insights: The Smart Contracts Market is Predict to reach $15.5 Billion by 2030, at a CAGR of 50%
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Blockchain Type, the market is segmented into Public, Private and Hybrid. Based on Platform, the market is segmented into Ethereum, Cardano, BNB Chain, Polkadot and Others. Based on Type, the market is segmented into Decentralized Autonomous Organizations (DAO), Application Logic Contracts, and Smart Legal Contracts. Based on End-Use, the market is segmented into BFSI, Healthcare, Logistics, Real Estate, Retail and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- ScienceSoft USA Corporation
- Innowise Sp. z o.o
- 4soft
- Algorand Foundation Ltd.
- IBM Corporation
- TATA Consultancy Services Limited
- Oracle Corporation
- Infosys Limited
- Amazon.com, Inc.
- Coinbase Global, Inc.
North America Smart Contracts Market Report Segmentation
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Blockchain Type
By Platform
- Ethereum
- Cardano
- BNB Chain
- Polkadot
- Others
By Type
- Decentralized Autonomous Organizations (DAO)
- Application Logic Contracts
- Smart Legal Contracts
By End-Use
- BFSI
- Healthcare
- Logistics
- Real Estate
- Retail
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Smart Contracts Market, 2019 - 2022, USD Million
TABLE 2 North America Smart Contracts Market, 2023 - 2030, USD Million
TABLE 3 North America Smart Contracts Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 4 North America Smart Contracts Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 5 North America Large Enterprises Market by Region, 2019 - 2022, USD Million
TABLE 6 North America Large Enterprises Market by Region, 2023 - 2030, USD Million
TABLE 7 North America Small & Medium Enterprises Market by Region, 2019 - 2022, USD Million
TABLE 8 North America Small & Medium Enterprises Market by Region, 2023 - 2030, USD Million
TABLE 9 North America Smart Contracts Market by Blockchain Type, 2019 - 2022, USD Million
TABLE 10 North America Smart Contracts Market by Blockchain Type, 2023 - 2030, USD Million
TABLE 11 North America Public Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Public Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Private Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Private Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Hybrid Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Hybrid Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Smart Contracts Market by Platform, 2019 - 2022, USD Million
TABLE 18 North America Smart Contracts Market by Platform, 2023 - 2030, USD Million
TABLE 19 North America Ethereum Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Ethereum Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Cardano Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Cardano Market by Country, 2023 - 2030, USD Million
TABLE 23 North America BNB Chain Market by Country, 2019 - 2022, USD Million
TABLE 24 North America BNB Chain Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Polkadot Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Polkadot Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Smart Contracts Market by Type, 2019 - 2022, USD Million
TABLE 30 North America Smart Contracts Market by Type, 2023 - 2030, USD Million
TABLE 31 North America Decentralized Autonomous Organizations (DAO) Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Decentralized Autonomous Organizations (DAO) Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Application Logic Contracts Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Application Logic Contracts Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Smart Legal Contracts Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Smart Legal Contracts Market by Country, 2023 - 2030, USD Million
TABLE 37 North America Smart Contracts Market by End-Use, 2019 - 2022, USD Million
TABLE 38 North America Smart Contracts Market by End-Use, 2023 - 2030, USD Million
TABLE 39 North America BFSI Market by Country, 2019 - 2022, USD Million
TABLE 40 North America BFSI Market by Country, 2023 - 2030, USD Million
TABLE 41 North America Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Logistics Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Logistics Market by Country, 2023 - 2030, USD Million
TABLE 45 North America Real Estate Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Real Estate Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Retail Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Retail Market by Country, 2023 - 2030, USD Million
TABLE 49 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Smart Contracts Market by Country, 2019 - 2022, USD Million
TABLE 52 North America Smart Contracts Market by Country, 2023 - 2030, USD Million
TABLE 53 US Smart Contracts Market, 2019 - 2022, USD Million
TABLE 54 US Smart Contracts Market, 2023 - 2030, USD Million
TABLE 55 US Smart Contracts Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 56 US Smart Contracts Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 57 US Smart Contracts Market by Blockchain Type, 2019 - 2022, USD Million
TABLE 58 US Smart Contracts Market by Blockchain Type, 2023 - 2030, USD Million
TABLE 59 US Smart Contracts Market by Platform, 2019 - 2022, USD Million
TABLE 60 US Smart Contracts Market by Platform, 2023 - 2030, USD Million
TABLE 61 US Smart Contracts Market by Type, 2019 - 2022, USD Million
TABLE 62 US Smart Contracts Market by Type, 2023 - 2030, USD Million
TABLE 63 US Smart Contracts Market by End-Use, 2019 - 2022, USD Million
TABLE 64 US Smart Contracts Market by End-Use, 2023 - 2030, USD Million
TABLE 65 Canada Smart Contracts Market, 2019 - 2022, USD Million
TABLE 66 Canada Smart Contracts Market, 2023 - 2030, USD Million
TABLE 67 Canada Smart Contracts Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 68 Canada Smart Contracts Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 69 Canada Smart Contracts Market by Blockchain Type, 2019 - 2022, USD Million
TABLE 70 Canada Smart Contracts Market by Blockchain Type, 2023 - 2030, USD Million
TABLE 71 Canada Smart Contracts Market by Platform, 2019 - 2022, USD Million
TABLE 72 Canada Smart Contracts Market by Platform, 2023 - 2030, USD Million
TABLE 73 Canada Smart Contracts Market by Type, 2019 - 2022, USD Million
TABLE 74 Canada Smart Contracts Market by Type, 2023 - 2030, USD Million
TABLE 75 Canada Smart Contracts Market by End-Use, 2019 - 2022, USD Million
TABLE 76 Canada Smart Contracts Market by End-Use, 2023 - 2030, USD Million
TABLE 77 Mexico Smart Contracts Market, 2019 - 2022, USD Million
TABLE 78 Mexico Smart Contracts Market, 2023 - 2030, USD Million
TABLE 79 Mexico Smart Contracts Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 80 Mexico Smart Contracts Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 81 Mexico Smart Contracts Market by Blockchain Type, 2019 - 2022, USD Million
TABLE 82 Mexico Smart Contracts Market by Blockchain Type, 2023 - 2030, USD Million
TABLE 83 Mexico Smart Contracts Market by Platform, 2019 - 2022, USD Million
TABLE 84 Mexico Smart Contracts Market by Platform, 2023 - 2030, USD Million
TABLE 85 Mexico Smart Contracts Market by Type, 2019 - 2022, USD Million
TABLE 86 Mexico Smart Contracts Market by Type, 2023 - 2030, USD Million
TABLE 87 Mexico Smart Contracts Market by End-Use, 2019 - 2022, USD Million
TABLE 88 Mexico Smart Contracts Market by End-Use, 2023 - 2030, USD Million
TABLE 89 Rest of North America Smart Contracts Market, 2019 - 2022, USD Million
TABLE 90 Rest of North America Smart Contracts Market, 2023 - 2030, USD Million
TABLE 91 Rest of North America Smart Contracts Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 92 Rest of North America Smart Contracts Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 93 Rest of North America Smart Contracts Market by Blockchain Type, 2019 - 2022, USD Million
TABLE 94 Rest of North America Smart Contracts Market by Blockchain Type, 2023 - 2030, USD Million
TABLE 95 Rest of North America Smart Contracts Market by Platform, 2019 - 2022, USD Million
TABLE 96 Rest of North America Smart Contracts Market by Platform, 2023 - 2030, USD Million
TABLE 97 Rest of North America Smart Contracts Market by Type, 2019 - 2022, USD Million
TABLE 98 Rest of North America Smart Contracts Market by Type, 2023 - 2030, USD Million
TABLE 99 Rest of North America Smart Contracts Market by End-Use, 2019 - 2022, USD Million
TABLE 100 Rest of North America Smart Contracts Market by End-Use, 2023 - 2030, USD Million
TABLE 101 Key Information – ScienceSoft USA Corporation
TABLE 102 Key Information – Innowise Sp. z o.o
TABLE 103 Key Information – 4soft
TABLE 104 Key Information – Algorand Foundation Ltd.
TABLE 105 Key Information – IBM Corporation
TABLE 106 Key Information – Tata Consultancy Services Ltd.
TABLE 107 Key Information – Oracle Corporation
TABLE 108 Key Information – Infosys Limited
TABLE 109 Key Information – Amazon.com, Inc.
TABLE 110 Key Information – Coinbase Global, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Smart Contracts Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Smart Contracts Market
FIG 4 Porter’s Five Forces Analysis – Smart Contracts market
FIG 5 North America Smart Contracts Market share by Enterprise Size, 2022
FIG 6 North America Smart Contracts Market share by Enterprise Size, 2030
FIG 7 North America Smart Contracts Market by Enterprise Size, 2019 - 2030, USD Million
FIG 8 North America Smart Contracts Market share by Blockchain Type, 2022
FIG 9 North America Smart Contracts Market share by Blockchain Type, 2030
FIG 10 North America Smart Contracts Market by Blockchain Type, 2019 - 2030, USD Million
FIG 11 North America Smart Contracts Market share by Platform, 2022
FIG 12 North America Smart Contracts Market share by Platform, 2030
FIG 13 North America Smart Contracts Market by Platform, 2019 - 2030, USD Million
FIG 14 North America Smart Contracts Market share by Type, 2022
FIG 15 North America Smart Contracts Market share by Type, 2030
FIG 16 North America Smart Contracts Market by Type, 2019 - 2030, USD Million
FIG 17 North America Smart Contracts Market share by End-Use, 2022
FIG 18 North America Smart Contracts Market share by End-Use, 2030
FIG 19 North America Smart Contracts Market by End-Use, 2019 - 2030, USD Million
FIG 20 North America Smart Contracts Market share by Country, 2022
FIG 21 North America Smart Contracts Market share by Country, 2030
FIG 22 North America Smart Contracts Market by Country, 2019 - 2030, USD Million
FIG 23 Swot Analysis: IBM Corporation
FIG 24 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 25 SWOT Analysis: Oracle Corporation
FIG 26 SWOT Analysis: Infosys Limited
FIG 27 SWOT Analysis: Amazon.com, Inc.
FIG 28 Recent strategies and developments: Coinbase Global, Inc.
FIG 29 Swot Analysis: Coinbase Global, Inc.