China's blockchain market is expected to exceed US$2.5 billion in 2024

IDC predicts that the scale of China's blockchain market is expected to exceed US$2.5 billion in 2024. Compared with the previous period, the five-year forecast data will be raised by about 5%-10%, and it will basically return to the pre-epidemic level. The latest forecast shows that the five-year compound annual growth rate (CAGR) of China's blockchain market will reach 54.6%, ranking first in the world, and the market size (as a single country) is expected to maintain within the five-year forecast period Second in the world.