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According to a new report, published by KBV research, The Global Blockchain Messaging Apps Market size is expected to reach $215.7 million by 2028, rising at a market growth of 42.8% CAGR during the forecast period.
The Individual market is exhibiting a CAGR of 44.3% during (2022 - 2028). Due to the widespread use of smartphones and the internet, the rise of the person category is linked to an increase in messaging apps used globally. Furthermore, popular messaging platforms like Telegram are developing their own blockchain-based messaging platforms, which promote the adoption of decentralized apps for increased anonymity.
The Message market is leading the segment in the Global Blockchain Messaging Apps Market by Application in 2021; thereby, achieving a market value of $161.1 million by 2028. The majority of industry participants worldwide are releasing blockchain messaging applications designed to improve the security and privacy of the texts sent on messaging platforms. For one-on-one chat, the app offered end-to-end encryption based on blockchain technology.
The iOS market is showcasing a CAGR of 43% during (2022 - 2028). Because so many people in North America own Apple smartphones, the iOS operating system predominates there. Additionally, the market participants' blockchain messaging applications support iOS devices, which is expected to fuel the segment's future expansion.
The North America market dominated the Global Blockchain Messaging Apps Market by Region in 2021; thereby, achieving a market value of $74.7 million by 2028. The Europe market is anticipated to grow at a CAGR of 42.4% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 43.5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/blockchain-messaging-apps-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Crypviser GmbH, Beepo, Inc. (Probe CX), CryptoDATA, Radical App LLC (Cyber Dust), Status Research & Development GmbH, Sappchat and ySign.
By End User
By Application
By Operating System
By Geography
Companies Profiled
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