Blockchain Market Projected to Hit $610.96 Billion by 2031, MarketsandMarkets™ Forecasts
The global blockchain market is on course to reach $610.96 billion by 2031, expanding from $54.08 billion in 2026, according to a new forecast published by MarketsandMarkets™. The compound annual growth rate underpinning that trajectory is 62.4% — a clip that, if sustained, would roughly double the market's dollar value every 14 months over the five-year window. The Delray Beach, Florida-based research firm released the findings on June 19, 2026.
The global blockchain market is on course to reach $610.96 billion by 2031, expanding from $54.08 billion in 2026, according to a new forecast published by MarketsandMarkets™. The compound annual growth rate underpinning that trajectory is 62.4% — a clip that, if sustained, would roughly double the market's dollar value every 14 months over the five-year window. The Delray Beach, Florida-based research firm released the findings on June 19, 2026.
What the Numbers Mean for Investors
A 62.4% CAGR is not a typo — it places blockchain in a different league from most enterprise technology markets, where high-single-digit to low-double-digit annual growth is more typical. The gap between the 2026 baseline of $54.08 billion and the 2031 target of $610.96 billion represents an increase of more than $556 billion in absolute terms over the period. For investors calibrating exposure, the base year figure matters: $54.08 billion in 2026 is already a substantial market, meaning the projected growth is layered on top of an established revenue base rather than a nascent one.
Scope of the Research
The MarketsandMarkets™ report supporting the forecast spans 400 market data tables and 50 figures. That breadth of underlying data typically signals coverage across multiple industries, geographies, and use-case categories — though the summary released publicly does not specify which segments or regions the firm broke out. Readers seeking the segmentation detail would need access to the full report.
The Commercial Stakes
The projection frames a straightforward competitive question: which vendors, infrastructure providers, and enterprise adopters will capture the incremental $556 billion the forecast describes? The report itself does not name winners or losers, but the scale of the number makes clear why technology, financial services, and industrial companies continue to build blockchain capacity regardless of periodic sentiment swings in the asset markets associated with the underlying technology.
Related reading
Filed by the macro desk of MarketPR on June 19, 2026. Source: MarketPR. Indicative figures are not investment advice.