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Blockchain Interoperability Market Share

Report ID: GMI6430
Published Date: Aug 2023
Report Format: PDF

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Blockchain Interoperability IMarket Share

Major companies operating in the blockchain interoperability market are :

Biconomy
Chainport
Datachain
Fusion Foundation
GAVS Technologies
INERY
LEEWAYHERTZ
LI.F
Liquid Apps
ONTOLOGY
Oracle Corporation
ORB Labs
Polyhedra Network
Quant Network
R3
Riodefi.

These companies focus on collaborating with other blockchain projects, technology providers, and industry players to help expand the reach and capabilities of interoperability solutions.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of blockchain interoperability reached USD 275.5 million in revenue in 2022 and is set to observe over 26.8% CAGR from 2023 to 2032, driven by the increasing cross-chain asset transfer requirements across enterprises worldwide.

The dApps type segment held over 36% of market share in 2022, attributed to rising popularity due to their ability to transcend the limitations of single-chain ecosystems.

North America recorded over 36% of the market share in 2022, due to the increasing emphasis on diverse blockchain networks in the region.

Some of the top blockchain interoperability companies are Biconomy, Chainport, Datachain, Fusion Foundation, GAVS Technologies, INERY, LEEWAYHERTZ, LI.FI, Liquid Apps, ONTOLOGY, Oracle Corporation, ORB Labs, Polyhedra Network, Quant Network, R3, and Riodefi.