Accelerating Enterprise Blockchain Adoption: A New Turning Point in the Enterprise Market by 2026
Editor
Explosive Growth of the Enterprise Blockchain Market
As of 2026, the global enterprise blockchain market is experiencing unprecedented growth. According to the latest report by Gartner, the market size for enterprise blockchain solutions is expected to increase by 48.7%, from $39.4 billion in 2025 to $58.7 billion in 2026. This rapid growth is driven by companies recognizing the tangible business value of blockchain technology. In particular, blockchain’s transparency and efficiency in areas such as supply chain management, digital identity verification, and smart contract automation have been shown to reduce operational costs by an average of 15-20% for companies.
In Deloitte’s ‘Global Blockchain Survey 2026’, released in December 2025, 73% of responding companies indicated plans to integrate blockchain technology into their core business processes within the next two years, a significant increase from 54% in 2024. The willingness to adopt blockchain is particularly high in financial services (89%), manufacturing (78%), and retail (71%). In the Korean market, Samsung SDS (based in Seoul) and LG CNS (based in Seoul) have each reported growth of 62% and 54% in blockchain-based enterprise solution revenues compared to the previous year, supporting this global trend.
One of the main drivers of blockchain adoption is the increasing demand for regulatory compliance and audit transparency. With the European Union’s AI Act and the strengthening of digital asset regulations in the United States, companies are under pressure to ensure transparency in data processing and transaction records. Blockchain’s immutability and traceability characteristics are emerging as ideal solutions to meet these regulatory requirements. According to PwC’s January 2026 report, companies that have adopted blockchain have seen regulatory compliance costs decrease by an average of 28%, and audit process times reduced by 40%.
In the enterprise blockchain platform market, established enterprise software giants like IBM (based in New York), Microsoft (based in Washington), and Oracle (based in Texas) are taking the lead. IBM’s Hyperledger Fabric-based solutions are utilized by over 1,200 companies worldwide as of 2025, and have been widely adopted in the supply chain tracking systems of global food companies like Walmart and Nestlé. Microsoft’s Azure Blockchain Service surpassed 150,000 monthly active users by the fourth quarter of 2025, maintaining its lead in the cloud-based blockchain service market.
Real Business Applications and Achievements
Walmart’s (based in Arkansas) blockchain-based food tracking system is considered a representative success story of enterprise blockchain. Built using IBM Hyperledger Fabric since 2019, this system is now operational in 4,700 stores worldwide, reducing the time to trace the cause of food safety incidents from seven days to 2.2 seconds. In 2025 alone, the system processed 120 million transactions, achieving an 18% reduction in food waste. Walmart announced plans to expand this system to 25,000 of its suppliers by 2026.
Germany’s BMW (based in Munich) has been operating a blockchain-based parts tracking system called PartChain since 2024. This system tracks the entire supply chain from manufacturing to final assembly of automotive parts, with over 1,000 suppliers participating. According to BMW, the system has reduced the time to resolve parts quality issues by an average of 65% and decreased losses from counterfeit parts by €120 million annually. For electric vehicle battery components, the system can even track the ethical sourcing of key raw materials like lithium and cobalt, significantly contributing to ESG management.
In the financial services sector, JP Morgan Chase’s (based in New York) JPM Coin is gaining attention. Launched in 2019, this digital currency is used for large-scale payments between institutional clients, with daily transaction volumes exceeding $10 billion by 2025. It has reduced payment times from 24-48 hours to a few minutes compared to traditional international remittances, while also cutting fees by 70%. JP Morgan reported that JPM Coin-related fee revenue increased by 145% year-on-year to $230 million in the fourth quarter of 2025.
In South Korea, Hyundai Motor Company (based in Seoul) is gaining attention for building a blockchain-based carbon credit trading platform. Developed in collaboration with Samsung SDS, this platform tracks carbon emissions across Hyundai’s entire supply chain in real-time and automates carbon credit trading. In 2025, the platform facilitated carbon credit transactions amounting to 5 million tons, helping Hyundai reduce its annual carbon emissions by 12%. Based on this success, Hyundai plans to expand the platform to 3,000 partner companies by the first half of 2026.
In the digital identity verification sector, Estonia’s e-Residency program is considered a leading example. Built on blockchain, this system currently has over 100,000 digital citizens from 180 countries worldwide, with more than 20,000 companies established by them. According to the Estonian government, the economic impact of this program amounts to €180 million annually, with administrative costs reduced by 40% compared to previous levels.
Market Competition and Future Outlook
The competitive landscape of the enterprise blockchain market is characterized by fierce competition between established IT giants and blockchain-specialized startups. IBM maintains its lead with a 24% market share through its IBM Blockchain Platform based on Hyperledger Fabric. Microsoft ranks second with a 19% market share through Azure Blockchain Service and Azure Confidential Ledger. Oracle holds a 15% share, showing particular strength in supply chain management solutions.
In the Asian market, China’s Alibaba Cloud (based in Hangzhou) and Tencent Cloud (based in Shenzhen) are rapidly growing. Alibaba Cloud’s Blockchain as a Service (BaaS) platform recorded a 32% market share in China in 2025, leading the local market. It is being utilized in various fields such as smart cities, digital currency, and public services, supported by the Chinese government’s blockchain promotion policies. Tencent Cloud is differentiating itself by providing blockchain solutions linked to its ecosystem in gaming, social media, and fintech through TBaaS (Tencent Blockchain as a Service).
In the Korean market, Samsung SDS maintains its lead with a 35% share of the domestic enterprise blockchain market through its Nexledger platform. Samsung SDS reported blockchain-related revenue of 120 billion won in 2025, a 62% increase from the previous year. LG CNS ranks second with a 28% market share through its Monachain platform, showing particular strength in manufacturing and logistics. NHN officially entered the market by establishing its blockchain-specialized subsidiary, NHN Blockchain, in 2024, attempting to differentiate with solutions specialized in gaming and entertainment.
Blockchain-specialized companies are also increasing their presence in the enterprise market. ConsenSys (based in New York), with its Ethereum-based enterprise solutions, recorded annual revenue of $250 million, maintaining its growth trajectory. R3’s (based in London) Corda platform is utilized by over 300 financial institutions worldwide, achieving a 78% increase in revenue year-on-year to $180 million in 2025 through new customer acquisition.
Market experts identify interoperability as a key trend in the enterprise blockchain market by 2026. As companies adopt multi-chain strategies utilizing multiple blockchain platforms simultaneously, there is a surge in demand for bridge solutions that enable smooth exchange of data and assets between different blockchains. Polygon’s (based in India) connectivity solutions and Chainlink’s (based in the Cayman Islands) oracle services are meeting this demand and experiencing rapid growth.
Sustainability and energy efficiency are also emerging as important considerations. With the strengthening of ESG management by companies, proof-of-stake (PoS) blockchains, which consume less energy, are being preferred. Following Ethereum’s transition to PoS in 2022, eco-friendly blockchain platforms like Algorand (based in Singapore) and Solana (based in Switzerland) are gaining attention in the enterprise market. Gartner predicts that by 2027, 85% of new enterprise blockchain projects will adopt PoS-based platforms.
Key drivers expected to lead the growth of the enterprise blockchain market over the next 2-3 years include the spread of central bank digital currencies (CBDCs), the growth of the carbon credit trading market, and the increasing demand for digital asset management. According to the Bank for International Settlements (BIS), as of 2026, 87 countries worldwide are conducting CBDC research and development, with 15 countries in the pilot testing phase. The demand for blockchain technology and related infrastructure is expected to increase significantly during the establishment of this CBDC ecosystem. McKinsey forecasts that the global enterprise blockchain market will grow at an annual average rate of 42%, reaching $390 billion by 2030.
*The content of this article is for informational purposes only and is not intended as investment advice or recommendations. Investment decisions should be made based on individual judgment and responsibility.*
