The global Blockchain as a Service (BaaS) market is projected to grow from USD 2.4 billion in 2024 to USD 7.0 billion by 2030, reflecting a strong 19.9% CAGR over 2026–2030 as enterprises increasingly consume blockchain capabilities through cloud-based platforms.
BaaS delivers managed blockchain infrastructure and development tools from third-party providers, allowing organizations to build, host, and operate blockchain applications without deploying and maintaining their own nodes, networks, and security layers. Market growth is driven by rising requirements for secure, tamper-evident data sharing, the need for greater transparency and traceability in supply chains and transactions, and the desire to simplify and accelerate blockchain adoption across industries via subscription-based, cloud-native services.
A central driver is the imperative to streamline blockchain deployment and management, which traditionally demands deep specialist expertise and complex infrastructure. BaaS platforms provide preconfigured environments, APIs, and orchestration tools that shorten development cycles and lower technical barriers, enabling sectors such as healthcare, finance, logistics, and government to experiment with and operationalize blockchain solutions more easily while integrating them with existing systems and workflows.
In parallel, enterprises are increasingly turning to blockchain to secure and verify transactions, records, and supply-chain data, leveraging its immutability and auditability to combat fraud, improve data integrity, and build trust among partners and regulators. Growing on-chain payment volumes and projections that a material share of global assets and GDP may be tokenized within the decade highlight the scale of activity that BaaS platforms are expected to underpin, reinforcing their strategic importance.
However, unclear and fragmented regulatory frameworks across jurisdictions pose a major challenge to BaaS adoption. Inconsistent rules around digital assets, smart contracts, data residency, and privacy create uncertainty for enterprises that must operate across borders and comply with multiple regimes, making it difficult to assess legal risk and design solutions that remain compliant over time.
This regulatory ambiguity increases compliance costs and encourages caution, particularly among risk-averse institutions and heavily regulated sectors. Many organizations delay or limit blockchain initiatives until clearer guidance emerges, which constrains the pace of large-scale BaaS rollouts and slows the transition from experimentation to fully embedded, mission-critical usage in some markets.
Two prominent trends are currently shaping the BaaS landscape: the proliferation of decentralized applications (dApps) built on managed platforms, and the shift from proofs of concept to production-grade deployments. By abstracting infrastructure complexity, BaaS offerings make it easier for developers and enterprises to launch dApps for finance, identity, supply chain, and other use cases, often leveraging ecosystems like Ethereum and managed services that provide data pipelines, monitoring, and analytics.
At the same time, a growing number of organizations are moving beyond pilots to live, scaled implementations that support core processes, reflecting greater confidence in blockchain’s scalability, resilience, and business value. Industry handbooks and case-study collections now document dozens of operational systems across logistics, trade finance, provenance tracking, and more, indicating that BaaS has entered a more mature phase characterized by real-world impact rather than limited experimentation.
Within the BaaS market, the healthcare segment is emerging as one of the fastest-growing verticals. Healthcare organizations face intense pressure to protect sensitive patient data, improve interoperability among electronic health record systems, and meet stringent regulatory and audit requirements—areas where blockchain’s immutable, permissioned ledgers and fine-grained access controls provide compelling benefits.
BaaS solutions in healthcare support secure patient data exchange, verifiable clinical trial records, and transparent pharmaceutical and medical device supply chains that help combat counterfeiting and ensure product authenticity. As regulators and industry bodies increasingly recognize blockchain’s potential to enhance compliance, reduce fraud, and streamline operations, adoption of BaaS in healthcare is expected to continue accelerating.
By Component
Tools
Service
By End UserVertical
BFSI
Healthcare
IT and Telecom
Chemical
Energy and Utility
Retail
Manufacturing
Other
By Region
North America
Europe
South America
Middle East & Africa
Asia Pacific
Key Companies
Microsoft Corporation
Hewlett Packard Enterprise (HPE)
IBM Corporation
SAP SE
STRATIS IoT, Inc.
Amazon Web Services, Inc.
Oracle Corporation
Huawei Technologies Co. Ltd.
Accenture Plc
Baidu, Inc.
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Healthcare
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