Blockchain in Telecommunication and Post Services Market Research Report – Forecast to 2032

Blockchain in Telecommunication and Post Services Market, By Service Providers (Application and Solution Provider, Middleware Provider, Infrastructure and Protocols Provider), Organization Size (Large Enterprise, Small and Medium Enterprise), Applications (Payment, Transaction, Smart Contracts, Network Management, Reporting, Billing/OSS), Digital Services (Digital Asset Transaction, Voice/Data Services, Value Added Services, Content Services and Managed Services), Platform (Ethereum, IOTA, Open Chain and IBM Blockchain) - Forecast to 2032

ID: MRFR/ICT/4753-CR | 146 Pages | Author: Aarti Dhapte | July 2018         

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Blockchain in Telecommunication and Post Services Market Overview



Blockchain in Telecommunication and Post Services Market Size was prized at USD 0.5212 Billion in 2022. The Blockchain in Telecommunication and Post Services market industry is projected to grow from at  USD 5.896 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 30.9% during the forecast period (2022 - 2032).


The use of blockchain technology in the telecommunications and post services industry can bring several benefits, including secure data management, optimized supply chains, and simplified business processes through smart contracts. Blockchain technology has additional prospects in this industry because to the growing number of IoT devices. The demand for effective and transparent solutions, regulatory compliance, and safe data management are the main factors propelling the market's expansion. Moreover, increasing demand for secure and convenient digital payments propel the market growth. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2022- SpiderOak and Lockheed Martin Space have formed a collaboration to explore the intersection of space cybersecurity and blockchain technology, with the goal of developing innovative solutions to protect space-based assets and systems from cyber threats.



Competitive Landscape


Global Blockchain in Telecommunication and Post Services Market is highly concentrated with various players offering unique solutions based on the prominent technology. Opportunities in identity management, supply chains, and border shipping can drive the demand for the technology during the forecast period.


Market Dynamics



  • Drivers

  • Opportunities

  • Restraints

  • Challenges

  • Cumulative Growth Analysis


Segment Analysis



  • By Service Providers

  • By Application

  • By Organization Size

  • By Digital Services

  • By Platform


COVID-19 Analysis


The COVID-19 pandemic has pushed the need for blockchain technology that can be used in connecting users on a digital platform. Its critical use in ensuring safe transactions digitally is seen as a positive indicator of the technology. Features of immutability, decentralization, and transparency can drive its integration into government systems for containing the spread of the virus and reopening its borders. For instance, the U.S. Customs and Border Protection can use blockchain for protecting intellectual property rights of American importers from data theft. On the other hand, the high influx of mail-in voting during the U.S. elections has also induced the need for a blockchain supported platform. The patent filed by the USPS has developed a case use for fraud-proof conduction of elections.


Key Companies in the Blockchain in Telecommunication and Post Services Market



  • Atos SE (France)

  • Accenture Plc (U.S.)

  • Juniper Networks Inc (U.S.)

  • Earthport Plc (U.K.)

  • Microsoft Corporation (U.S.)

  • IBM Corporation (U.S.)

  • Bitfury Group (The Netherlands)

  • SAP SE (U.S.)

  • Blockchain Tech Ltd (U.S.)

  • Coinbase (U.S.)


Recent Developments


In November 2023- SK Telecom introduced T Wallet for Web3, integrating Aptos' DApp ecosystem and MoveVM blockchain tech, enhancing user experiences and driving innovation in the telecom industry. This collaboration unites T Wallet's convenience and security with Aptos' robust blockchain capabilities, setting the stage for groundbreaking Web3 services. By teaming up with Aptos and Atomring, SK Telecom takes a significant step towards leading the future of telecom.

In Jan 2023- EMG, a Web3 company, launched a blockchain-based telco super app, leveraging Emeldi Group's expertise and resources to rapidly expand in the telecom industry. EMG aims to revolutionize the sector with innovative, enterprise-grade products and services, building on Emeldi's 20-year legacy of serving institutional clients. This collaboration combines EMG's cutting-edge technology with Emeldi's vast experience, positioning them to lead the next generation of telecom services.

In November 2020- Tech Mahindra and Subex have partnered to promote the adoption of blockchain technology in the telecom industry, aiming to reduce fraud and increase operational efficiency for communication service providers.

Blockchain in Telecommunication and Post Services Market Segmentation:


By Service Providers



  • Infrastructure and Protocol Provider

  • Application and Solution Provider

  • Middleware Provider


By Application



  • Smart Contracts

  • Payment & Transaction

  • Billing/OSS

  • Reporting and Analytics

  • Network Management

  • Others


By Organization Size



  • Small and Medium Enterprises

  • Large Enterprises


By Digital Service



  • Content Services

  • Managed Services

  • Value Added Services

  • Identity-as-a-Service

  • Voice/Data Services

  • Digital Asset Transaction


By Platform



  • IBM Blockchain

  • Open Chain

  • HydraChain

  • Hyperledger

  • Ethereum

  • IOTA

Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 0.5212 Billion
Market Size 2032 USD 5.896 Billion
Compound Annual Growth Rate (CAGR) 30.9% (2023-2032)
Base Year 2021
Market Forecast Period 2022-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered By Service Providers, By Organization Size
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled IBM Corporation, Microsoft Corporation, Juniper Networks Inc, Coinbase, SAP SE, Atos SE, Blockchain Tech Ltd, Earthport Plc, Bitfury Group, Accenture, Plc.
Key Market Opportunities Opportunities in identity management, supply chains, and border shipping can drive the demand for the technology during the forecast period.
Key Market Dynamics Features of immutability, decentralization, and transparency can drive its integration into government systems for containing the spread of the virus and reopening its borders




Frequently Asked Questions (FAQ) :

The market is likely to reach a valuation of USD 5.896 Billion by 2023-2032

2022 to 2032 is the growth period for the expansion of the market.

The leaning toward digital payment modes and amplified demand for digital services are boosting the adoption of blockchain in the telecommunication sector.

North America is going to be the fastest growing region in the matter of market shares

IBM Corporation, Microsoft Corporation, Juniper Networks Inc, are the key players involved in the growth of the market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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