Blockchain-as-a-Service Market Size & Share Industry Report, Forecast to 2033

Research Methodology – Blockchain-as-a-Service Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Blockchain-as-a-Service Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Blockchain-as-a-Service Market is developed by integrating key market indicators and macroeconomic variables. These include:

1 Factors considered while calculating market size and share

Understanding the current usage and adoption rate of Blockchain-as-a-Service (BaaS)
Analysis of the various sectors such as Banking, Financial Services, Insurance (BFSI), IT & Telecommunication, Healthcare, Retail, Manufacturing, etc. which are using or can use BaaS
Investment made in Blockchain technology by businesses of different size - small, medium and large scale industries
Geographical distribution and penetration of Blockchain technology, especially BaaS
Partnerships, collaborations, mergers and acquisitions happening in this market
Competitive landscape- Key players, their market share, their product offerings related to BaaS
Awareness and understanding of blockchain technology and BaaS among businesses

2 Key Market Indicators

Number of BaaS providers in the market
Investments and funding in the BaaS providers
Growth rate of Blockchain technology adoption
Number of transactions and the transaction volume processed using BaaS
Market capitalization of key players
Growth in number of partnerships and collaborations in the market
The rate of new product or platform launches pertaining to BaaS

3 Growth Trends

Increasing adoption of BaaS by the BFSI sector
Growth in the use of BaaS in supply chain management
Increased investment in R&D activities related to BaaS
Surge in the number of partnerships and collaborations among the market players
Increasing use of BaaS for ensuring data privacy and security
Increased integration of BaaS with AI, IoT and other technologically advanced systems

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Blockchain-as-a-Service Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Blockchain-as-a-Service Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: