UAE Blockchain Market Comprehensive Analysis and Forecast 2025 to 2030

Markntel Advisors’ report, UAE Blockchain Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the UAE Blockchain presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

UAE Blockchain Market Research Report & Market Summary:

The UAE Blockchain Market size is projected to grow at a CAGR of around 42% during the forecast period, i.e., 2025-30. The growth in the UAE Blockchain Market is influenced by various government initiatives that promote Blockchain technology. Emirates Blockchain Strategy 2021 along with The Dubai Blockchain Strategy has been launched by The UAE regulatory bodies. The strategy aims to establish Dubai as the first fully powered blockchain platform. As per the National Blockchain Strategy announced by the UAE government for the period 2021 to 2031, approximately 50% of government transactions shall be transformed into blockchain. Thus boosting the growth of the blockchain industry in the UAE. Additionally, the proactive initiatives taken by the UAE help startups to focus on blockchain technology by encouraging investors both locally and from foreign countries to invest thereby fueling the market growth in the country.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  https://www.marknteladvisors.com/query/request-sample/uae-blockchain-market.html

UAE Blockchain Market Dynamics:

Key Driver-

Digital Transformation Driving Market Growth – Digital transformation is the key driver of growth in the UAE Blockchain Market. The government’s strategic plans for the UAE economy are mainly based on digital transformations. With the increasing digitalization in several sectors, companies are seeking technology that can enhance security, transparency, and also efficiency in record keeping. Hence the demand for Blockchain technology is increasing, as it can record transactions in a secure and immutable way.

Additionally, the inclinations of individuals toward decentralized finance (DeFi) and digital assets, further elevate the market growth. Digital assets like Bitcoins and Ethereum, use blockchain technology for transparent and secure transactions. This alignment of blockchain technologies with rapid digital transformations in the UAE amplifies the UAE Blockchain Market Growth. For instance,

• In July 2024, Dubai Customs launched its blockchain platform to improve clearance procedures by providing a more comfortable and easy way for shipping operations across Dubai and its borders.
• In May 2024, Quest Global, announced that it has acquired a majority stake in People Tech Group, a renowned leader in next-generation digital transformation and digital innovation for Fortune 500 clients.

UAE Blockchain Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Type

• Public Blockchains- Market Size & Forecast 2020-2030, USD Million
• Private Blockchains- Market Size & Forecast 2020-2030, USD Million
• Consortium Blockchains- Market Size & Forecast 2020-2030, USD Million

By Component

• Platform- Market Size & Forecast 2020-2030, USD Million
• Services- Market Size & Forecast 2020-2030, USD Million

By Deployment

• On-Premises- Market Size & Forecast 2020-2030, USD Million
• Cloud-Based- Market Size & Forecast 2020-2030, USD Million
• Hybrid- Market Size & Forecast 2020-2030, USD Million

By Enterprise Size

• Large Enterprises- Market Size & Forecast 2020-2030, USD Million
• SMEs- Market Size & Forecast 2020-2030, USD Million

By Application

• Smart Contracts- Market Size & Forecast 2020-2030, USD Million
• Cryptocurrencies- Market Size & Forecast 2020-2030, USD Million
• Decentralized Applications- Market Size & Forecast 2020-2030, USD Million
• Identity Management- Market Size & Forecast 2020-2030, USD Million
• Internet of Things (IoT) – Market Size & Forecast 2020-2030, USD Million
• Others- Market Size & Forecast 2020-2030, USD Million

In the UAE Blockchain Market, cryptocurrency has captured the largest market share estimated at more than 70% of the total market value.

By End User

• BFSI- Market Size & Forecast 2020-2030, USD Million
• Energy & Utilities- Market Size & Forecast 2020-2030, USD Million
• Government- Market Size & Forecast 2020-2030, USD Million
• Real Estate- Market Size & Forecast 2020-2030, USD Million
• Healthcare and Life Sciences- Market Size & Forecast 2020-2030, USD Million
• Manufacturing- Market Size & Forecast 2020-2030, USD Million
• IT & Telecom- Market Size & Forecast 2020-2030, USD Million
• Media & Entertainment- Market Size & Forecast 2020-2030, USD Million
• Retail & Consumer Goods- Market Size & Forecast 2020-2030, USD Million
• Travel and Transportation- Market Size & Forecast 2020-2030, USD Million
• Others (Education, etc.) – Market Size & Forecast 2020-2030, USD Million

The BFSI sector is leading the market by capturing more than 50% of the market share. As this sector is mainly focusing on reducing fraud by eliminating intermediaries in finance. Blockchain technology is especially being used for detecting fraud, cyber-attacks, theft, and breaches.

By Region

• Dubai
• Abu Dhabi
• Sharjah
• Northern Emirates.

As indicated in the latest market research report published by Markntel Advisors, “UAE Blockchain Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the UAE Blockchain industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/uae-blockchain-market.html

Top Companies Operating in the UAE Blockchain Market:

• OpenXcell
• SoluLab
• Cubix
• Sfxdx
• Quest GLT
• Quytech
• Digitalroar Softlabs
• Apptunix
• Web3soft
• MixBytes
• Aspired

*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Other Report:

• The Global Nebulizer Market size is valued at around USD 967million in 2022 & is estimated to grow at a CAGR of about 6.1% during the forecast period 2023-28, says MarkNtel Advisors.
• The Global Brown Sugar Market size was valued at USD31Billion in 2022 and is projected to grow at a CAGR of around 8.33% during the forecast period 2023-28 says MarkNtel Advisors

Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the geography?
4. How has the industry been evolving in terms of geography & UAE Blockchain Market adoption?
5. How has the competition been shaping up across the geography?

6. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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