Blockchain in telecoms sector set to explode

The blockchain in telecoms market is set to grow from $46.6 million in 2018 to $993.8 million by 2023, according to a new report by Research and Markets.

This will be driven by increasing support for OSS/BSS processes and rising security concerns among telcos. At the same time, however, growing concerns over the authenticity of users, an uncertain regulatory landscape and a lack of common standards could hinder further growth.

Further details on the report here.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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