
According to a new report published by Allied Market Research, titled, Blockchain Distributed Ledger Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 20172023, the global blockchain distributed ledger market accounted for $228 million in 2016, and is expected to reach $5,430 million by 2023, growing at a CAGR of 57.6% from 2017 to 2023. In 2016, North America dominates the global market, in terms of revenue, accounting for more than 40% share of the global market, followed by Europe.