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NewsMacro · COIN

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.

By Talia GreenwoodMacro DeskJune 19, 20262 min readCOIN
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Key takeaways

  • The global blockchain market is projected to reach $610.96 billion by 2031, up from $54.08 billion in 2026, according to MarketsandMarkets™.
  • The forecast is based on a compound annual growth rate of 62.4% over the five-year period.
  • The gap between the 2026 baseline and the 2031 target represents an absolute increase of more than $556 billion.
  • MarketsandMarkets™, based in Delray Beach, Florida, released the findings on June 19, 2026.
  • The supporting report spans 400 market data tables and 50 figures.

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

About this story

Filed by the macro desk of MarketPR on June 19, 2026. Source: prnewswire.com. Indicative figures are not investment advice.

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Frequently asked

How much is the blockchain market expected to grow by 2031?

It is projected to reach $610.96 billion by 2031, growing from a 2026 baseline of $54.08 billion, an absolute increase of more than $556 billion.

What growth rate is driving the blockchain market forecast?

A compound annual growth rate of 62.4%, which if sustained would roughly double the market's dollar value every 14 months over the five-year window.

Who produced the forecast and when was it released?

It was published by MarketsandMarkets™, a research firm based in Delray Beach, Florida, with the findings released on June 19, 2026.

Does the report identify which segments, regions, or companies will benefit?

No; the publicly released summary does not specify segments or regions, and the report does not name winning or losing vendors—accessing the full report would be required for segmentation detail.

How extensive is the underlying research?

The report spans 400 market data tables and 50 figures, breadth that typically signals coverage across multiple industries, geographies, and use-case categories.