Blockchain IoT Market Size, Share and Forecast to 2033

Research Methodology – Blockchain IoT 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 IoT Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

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

Factors considered while calculating market size and share

Adoption rate and acceptance of Blockchain technology in IoT applications across different industry sectors.
Applications and use-cases of blockchain within the IoT sector.
The amount of investments and funding towards Blockchain IoT startups and projects.
Current and projected spending on Blockchain IoT technologies by businesses and consumers.
The geographical distribution of the Blockchain IoT Market.
Current market players and their market share in the Blockchain IoT business.
Regulatory landscape affecting the adoption of Blockchain IoT.

Key Market Indicators

The overall global spending on IoT.
The growth rate of the Blockchain technology market.
The Number of IoT devices that are expected to use blockchain technology.
The annual subscription rate of blockchain services in IoT.
The rate of digital transformations adopting Blockchain IoT.
Number of research and development activities in the blockchain IoT space.

Growth Trends

Increase in collaboration between IoT and blockchain companies.
Rise in adoption of blockchain IoT in supply chain management.
Growth of smart contracts in IoT platforms.
Increased security requirements in IoT leading to adoption of blockchain.
The evolution of 5G technology is expected to boost the Blockchain IoT market.
Increasing investments in Blockchain IoT startups and projects.

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 IoT 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 IoT 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: