Accelerating Enterprise Blockchain Adoption: Current Status and Outlook of the Enterprise Blockchain Market in 2025
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Rapid Growth and Acceleration of Practical Use in the Enterprise Blockchain Market
As of the end of 2025, the enterprise blockchain market has entered an unprecedented growth phase, reaching a stage of creating tangible business value. According to the latest report from Gartner, the global enterprise blockchain market size in 2025 is projected to be $18.7 billion, a 45% increase from the previous year, and is expected to expand to $65 billion by 2028 with a compound annual growth rate (CAGR) of 42%. This indicates a significant increase in companies that are moving beyond technical curiosity or proof of concept (PoC) stages to generate measurable ROI in actual operational environments.
Notably, the diversification of blockchain adoption purposes is a significant change. Initially focused on cryptocurrencies and financial services, the application areas are expanding to supply chain management (32%), digital identity verification (28%), smart contract-based automation (24%), and intellectual property protection (16%). In Deloitte’s 2025 Global Blockchain Survey, 73% of respondent companies classified blockchain as a “strategic priority for gaining competitive advantage,” a significant increase from 61% in 2024. This shift in perception shows that blockchain is no longer an experimental technology but a core business infrastructure.
In the enterprise blockchain platform market, Hyperledger Fabric-based solutions maintain a leading position with a 45% market share, followed by Ethereum-based private networks at 28% and Corda at 15%. In the Korean market, domestic blockchain platforms such as Samsung SDS’s Nexledger and LG CNS’s Monachain are leading the digital transformation of local companies. Samsung SDS recorded a 34% market share in the domestic enterprise blockchain market as of the third quarter of 2025, marking a 52% growth compared to the same period last year.
The use of blockchain in supply chain management has shown particularly remarkable results. Walmart implemented blockchain in its food safety tracking system, reducing the time to trace the cause of food contamination incidents from seven days to 2.2 seconds. This resulted in an annual recall cost reduction of approximately $100 million and increased sales due to enhanced brand trust. Similarly, Nestlé applied blockchain to its coffee bean supply chain, transparently disclosing the entire process from farm to consumer, reporting a 23% increase in sales of premium coffee products compared to the previous year.
Innovative cases are also emerging in the field of digital identity verification. The Estonian government’s e-Residency program has granted digital residency to over 108,000 citizens from 98 countries worldwide through a blockchain-based digital identity system, generating an economic value of €5.3 billion annually from startups created through this initiative. In Korea, SK Telecom’s INITIAL platform provides blockchain-based verification services for various certificates, such as university diplomas and licenses, with 142 institutions participating and processing an average of 150,000 certificate verifications per month.
Blockchain Strategies of Major Companies and Market Competition Landscape
The expansion of blockchain businesses by global technology companies is accelerating. IBM announced that its blockchain-related revenue in 2025 increased by 67% from the previous year to $3.4 billion. The IBM Blockchain Platform, based on Hyperledger Fabric, is currently utilized by over 1,400 companies worldwide, showing strength particularly in finance, logistics, and healthcare sectors. IBM recently launched a ‘Smart Contract 2.0’ solution combining AI and blockchain, establishing a next-generation automation system capable of AI-based dynamic decision-making beyond the static execution of existing smart contracts.
Microsoft is targeting the cloud-based blockchain service market through Azure Blockchain Service. In 2025, Microsoft’s blockchain-related Azure service revenue increased by 89% from the previous year to $2.8 billion, capturing a 42% market share in the BaaS (Blockchain as a Service) market targeting SMEs. Microsoft recently announced a ‘Digital Twin Blockchain’ solution linking the metaverse and blockchain, providing an integrated platform for manufacturers to ensure data integrity of digital twin models with blockchain while optimizing smart factory operations.
Oracle is taking a differentiated approach in the enterprise blockchain market. The Oracle Blockchain Platform emphasizes seamless compatibility with existing Oracle databases, lowering the barriers for large enterprises operating legacy systems to adopt blockchain. In 2025, Oracle’s blockchain platform revenue increased by 56% from the previous year to $1.9 billion, gaining attention as a solution for ensuring the integrity of clinical trial data in the pharmaceutical industry. Pfizer used the Oracle Blockchain Platform to secure the transparency and reliability of COVID-19 vaccine clinical trial data, reducing the FDA approval process by 30% compared to before.
In the Asian market, Korean and Japanese companies are showing unique competitiveness. Samsung SDS is actively participating in the Korean government’s Digital New Deal initiative based on the Nexledger platform, leading the adoption of blockchain in the public sector. In 2025, Samsung SDS’s blockchain business unit revenue increased by 74% from the previous year to 820 billion won, significantly enhancing work efficiency by applying blockchain technology to the customs clearance system of the Korea Customs Service and the electronic procurement system of the Public Procurement Service. In Japan, NTT Data is leading digital currency pilot experiments for financial institutions in Japan through its self-developed blockchain platform ‘AnyTrust,’ and is set to provide core technology for the Bank of Japan’s (BOJ) central bank digital currency (CBDC) pilot program from the second half of 2025.
In the Chinese market, Ant Group’s AntChain, developed by Alibaba, holds a dominant position. As of 2025, AntChain has grown into the world’s largest enterprise blockchain network, processing 100 million transactions daily, and is applied to government services in over 500 cities and business processes of 15,000 companies in China. Notably, it provides core technology for the operation of China’s carbon emission trading exchange, transparently managing the annual trading of 1.5 billion tons of carbon credits with blockchain.
Current Status and Future Prospects of Blockchain Adoption by Industry
The financial services industry continues to form the leading group in blockchain adoption. JP Morgan’s JPM Coin recorded a daily transaction volume of $13 billion in 2025, demonstrating the practicality of blockchain in large-scale inter-company payments. Goldman Sachs, through its self-developed digital asset platform ‘GS DAP,’ provides digitalization services for traditional assets such as real estate tokenization and private equity share tokenization, announcing that the cumulative tokenized asset size reached $28 billion in 2025. In Korea, Shinhan Bank reduced the issuance time of letters of credit from 5-7 days to 30 minutes through a blockchain-based trade finance platform, saving approximately 15 billion won in annual operating costs.
In the healthcare sector, blockchain adoption is active for improving the security and interoperability of patient data. Medtronic applied blockchain to medical device data management, securely managing remote monitoring data of implantable medical devices such as pacemakers and insulin pumps. As of 2025, Medtronic’s blockchain-based medical device management system processes data for 450,000 patients worldwide, reporting an 18% improvement in diagnostic accuracy by medical professionals. In Korea, Samsung Medical Center has established a blockchain-based medical information sharing platform, operating a system that allows safe sharing of medical data with other medical institutions with patient consent.
In manufacturing, the convergence of Industry 4.0 and blockchain is accelerating. Siemens integrated blockchain technology into its MindSphere IoT platform, building a system that prevents tampering with all data generated in the manufacturing process and ensures quality traceability. Currently, Siemens’ blockchain-based manufacturing solution is utilized in over 1,200 factories worldwide, achieving an average 35% reduction in product recall rates. Hyundai Motor Company has implemented blockchain in parts supply chain management, tracking the parts history of all partners from tier 1 to tier 3 in real-time, achieving a 99.7% success rate in blocking counterfeit parts.
In the real estate industry, liquidity innovation through tokenization is gaining attention. Proptech startup RealtyMogul has attracted cumulative investments of $3.5 billion through a blockchain-based real estate investment platform in 2025, offering services that allow individual investors to invest in commercial real estate starting from $1,000. Singapore’s PropNex has digitized the entire real estate transaction process with blockchain, automating all processes from contract drafting to ownership transfer, reducing the average transaction completion time from 45 days to 7 days.
In the entertainment and media industry, blockchain adoption is spreading for intellectual property protection and ensuring transparency in creator revenue distribution. Disney manages digital content copyrights through its self-developed blockchain platform, with over 150,000 digital assets registered on the blockchain as of 2025. Korea’s HYBE utilizes blockchain in its artist-fan connecting platform ‘Weverse’ for digital goods sales and fan-participatory content creation, surpassing 12 million monthly active users on the platform as of the third quarter of 2025.
The future enterprise blockchain market is expected to see the emergence of more innovative services through the convergence with new technologies such as AI, IoT, and 5G. Gartner predicts that by 2028, 85% of global enterprises will operate at least one blockchain-based business process, with the annual business value generated reaching $3.1 trillion. The use of blockchain in sustainability-related areas such as carbon credit trading, circular economy tracking, and ESG performance management is expected to surge, aligning with the trend of strengthening ESG management by companies, and is analyzed to become a new growth driver. The clarification of regulatory environments and advancement in technical standardization are expected to accelerate companies’ decisions to adopt blockchain, acting as continuous growth opportunities for related companies.
