Blockchain in Telecom Market Revenue Trends, Company Profiles, Revenue Share Analysis, 2020–2028
Growing support and maintenance for Operational Support Systems/Business Support Systems Procedures in telecommunication companies. Market Size – USD 291.8 Million in 2020, Market Growth - CAGR of 31%, Market Trends – Escalating necessity for data protection and security The global Blockchain In Telecom market is expected to reach USD 2.52 Billion by 2028, according to a new report by Reports and Data. The telecom service providers in their value chain entail giving the essential infrastructure for network connectivity grid for enabling voice, entertainment and information media, data transfer and further allied services. The data exchange amongst networks that require transferred data protection and security, data assessment, data integrity, and scam deterrence is predicted to fuel the progress of blockchain technology in global telecom sectors. Another factor that may act as a driver for this market is the widespread necessity for the support and maintenance provided by blockch