target audience: TECH BUYER  Publication date: Feb 2024 - Document type: IDC MarketScape - Doc  Document number: # US49434623

IDC MarketScape: Worldwide Blockchain Services 2024 Vendor Assessment

By:  Phillip Silitschanu


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This IDC study presents a vendor assessment of worldwide blockchain services through the IDC MarketScape model. This assessment discusses both quantitative and qualitative characteristics that explain success in the ecosystem. The evaluation is based on a comprehensive and rigorous framework that assesses vendors relative to the criteria and to one another and highlights the factors expected to be the most influential for success in the market during both the short term and the long term.

"This IDC MarketScape offers an assessment of vendors providing professional services supporting blockchain technologies. This study uses the IDC MarketScape model to assess multiple quantitative and qualitative criteria that can be used to evaluate a vendor's offerings and position in the marketplace," says Phillip Silitschanu, Research Director, IDC's Worldwide Blockchain, Crypto, NFT, and Web3 Strategies. "Blockchain has evolved extremely quickly in the past three years and is now no longer an experimental 'fringe' technology. It is a wholly accepted and integral part of a technology solution provider's toolbox."


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