Prof Research published a new market report on blockchain technology. It presents the largest 14 vendors in the blockchain technology market. The report is a professional and in-depth study of the current state of the global blockchain technology market. The report provides key statistics on the market of blockchain technology. It is a valuable source of guidance and direction for companies and individuals interested in the blockchain technology industry.

The global blockchain technology market was valued to be 19,660 million USD in 2020. The blockchain technology market size is anticipated to have grown with a CAGR of 17.56% in the coming years to reach 51,892 million USD in 2026. 

Square is the largest vendor of blockchain technology in the world, it has a market share of 23.25% in value. Square, Inc. (Square) is a commerce ecosystem. The Company enables its sellers to accept card payments. The Company has two reportable segments: Seller and Cash App. Seller includes managed payment services, software solutions, hardware and financial services products offered to sellers. Cash App includes financial tools available to individuals such as peer-to-peer payments, Cash Card transactions, bitcoin and stock investing that enable customers to easily send, spend, and store money.

Binance is the second-largest vendor of blockchain technology in the world, it has a market share of 18.67 % in value. The Binance Exchange is a leading cryptocurrency exchange founded in 2017 in Hong Kong. It features a strong focus on altcoin trading.

Huobi is the third-largest vendor of blockchain technology in the world, it has a market share of 16.79% in value. Subordinate to Huobi Group, Huobi Global (www.hbg.com) is a globally leading digital asset exchange serving professional users. Huobi Global is devoted to providing secure and reliable digital asset trading and asset management services to global users.

Coinbase is the fourth largest vendor of blockchain technology in the world, it has a market share of 6.5% in value. Coinbase Global, Inc. is a financial technology company that provides end-to-end financial infrastructure and technology. It is primarily focused in building crypto economy, a transparent financial system enabled by crypto that leverages crypto assets, a digital asset that is built using blockchain technology.