Global and United States Smart Contracts Market Report & Forecast 2022-2028

Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met. They typically are used to automate the execution of an agreement so that all participants can be immediately certain of the outcome, without any intermediary’s involvement or time loss. They can also automate a workflow, triggering the next action when conditions are met.
Market Analysis and Insights: Global and United States Smart Contracts Market
This report focuses on global and United States Smart Contracts market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Smart Contracts market size is estimated to be worth US$ 397.8 million in 2022 and is forecast to a readjusted size of US$ 1460.3 million by 2028 with a CAGR of 24.2% during the review period. Fully considering the economic change by this health crisis, by Type, Public Blockchain accounting for % of the Smart Contracts global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Financial was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Global Smart Contracts companies include IBM, AWS, Oracle, Infosys and Solana, etc. Global top 3 companies hold a share over 52%. North America is the largest market, with a share about 43%, followed by Europe and Asia-Pacific.
Global Smart Contracts Scope and Market Size
Smart Contracts market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Smart Contracts market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Smart Contracts market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Public Blockchain
Private Blockchain
Others
Segment by Application
Financial
Government
Insurance
Healthcare
Supply Chain
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
IBM
AWS
Oracle
Infosys
Solana
Nem
Waves
RSK
Algorand
GoCoin
Avalanche
Stratis
Tata Consultancy Services
Monax Industries
Chainlink