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South America Block Chain Technology Market
ID: MRFR/ICT/53993-HCR
200 Pages
February 2026
South America Blockchain Technology Market South America Blockchain Technology Market Research Report: By Technology (Public Blockchain, Private Blockchain, Consortium Blockchain, Hybrid Blockchain), By Application (Cryptocurrency, Smart Contracts, Supply Chain Management, Identity Management, Healthcare), By End Use (Financial Services, Healthcare, Retail, Government, Telecommunications), By Components (Platform, Tools, Infrastructure, Services) andBy Regional (Brazil, Mexico, Argentina, Rest of South America)- Forecast to 2035
Industry Developments
The South America Blockchain Technology Market is witnessing significant developments, with various companies making notable strides. In September 2023, ChainSafe announced its plans for investment in decentralized finance projects within Brazil, aiming to tap into the growing interest for blockchain solutions in the region. Meanwhile, in October 2023, B2M expanded its services to include new crypto asset offerings, responding to rising demand among institutional investors across South America. The market valuation of companies like Binance and Coinbase continues to grow, reflecting heightened engagement in cryptocurrency trading and blockchain technology applications. In September 2023, Paxful launched a local initiative to promote cryptocurrency adoption among underserved communities in Argentina, further indicating a shift toward increased accessibility. Notably, Ethereum's recent partnerships with local startups aim to enhance blockchain utilization, showcasing significant collaboration across the industry. Accenture has also been actively involved, offering blockchain consulting services to enhance operational efficiency in regional enterprises. Overall, the market is diversifying, with increased investments and collaborations fostering innovation and growth opportunities in the South American blockchain ecosystem.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 601.0(USD Million) |
| MARKET SIZE 2024 | 800.0(USD Million) |
| MARKET SIZE 2035 | 16000.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 31.303% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | B2M, ChainSafe, Binance, Ripple, Coinpaprika, Accenture, Paxful, IBM, IOHK, Coinbase, R3, Bitso, Ethereum, Cryptomonedas |
| SEGMENTS COVERED | Technology, Application, End Use, Components, Regional |
| KEY MARKET OPPORTUNITIES | Decentralized finance solutions, Supply chain transparency improvements, Digital identity verification systems, Cross-border payment efficiency, Government regulatory frameworks support |
| KEY MARKET DYNAMICS | increasing investment in blockchain, regulatory framework development, rising demand for transparency, growing remittances and cross-border payments, expanding use in supply chain |
| COUNTRIES COVERED | Brazil, Mexico, Argentina, Rest of South America |
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FAQs
What is the projected market size of the South America Blockchain Technology Market in 2024?
The South America Blockchain Technology Market is expected to be valued at 800.0 million USD in 2024.
What is the expected market value of the South America Blockchain Technology Market by 2035?
By 2035, the market is anticipated to reach a value of 16,000.0 million USD.
What is the CAGR for the South America Blockchain Technology Market from 2025 to 2035?
The market is expected to grow at a CAGR of 31.303% during the forecast period from 2025 to 2035.
Which country is expected to hold the largest market share in the South America Blockchain Technology Market in 2024?
Brazil is projected to dominate the market with a value of 320.0 million USD in 2024.
What is the market value for the Private Blockchain segment in 2024?
The Private Blockchain segment is expected to be valued at 240.0 million USD in 2024.
Who are some of the major players in the South America Blockchain Technology Market?
Key players include Binance, IBM, Accenture, and Coinbase among others.
What is the expected market value for the Public Blockchain segment by 2035?
The Public Blockchain segment is projected to reach a value of 6,400.0 million USD by 2035.
What regional market is anticipated to have the second-largest value in 2024?
Mexico is expected to have the second-largest market value at 240.0 million USD in 2024.
How much is the Consortium Blockchain segment expected to be worth in 2035?
The Consortium Blockchain segment is projected to be valued at 3,200.0 million USD by 2035.
What is the projected market value for the Rest of South America segment in 2024?
The Rest of South America segment is expected to be valued at 80.0 million USD in 2024.
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