In 2022, Tencent's Blockchain as a Service division accounted for 16.3 percent of the blockchain as a service (BaaS) market in China, a market that had a combined value of 1.7 billion yuan. BaaS is a cloud-based offering that enables businesses to create, deploy, and manage blockchain applications without having to build and maintain their own blockchain infrastructure. It provides a cost-effective and scalable solution that allows companies to leverage the benefits of blockchain technology without the complexities and expenses associated with building and operating their own blockchain network.
Market share of leading blockchain as a service companies in China in 2022
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SECC. (September 5, 2023). Market share of leading blockchain as a service companies in China in 2022 [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1379855/china-baas-market-share/
SECC. "Market share of leading blockchain as a service companies in China in 2022." Chart. September 5, 2023. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1379855/china-baas-market-share/
SECC. (2023). Market share of leading blockchain as a service companies in China in 2022. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1379855/china-baas-market-share/
SECC. "Market Share of Leading Blockchain as a Service Companies in China in 2022." Statista, Statista Inc., 5 Sep 2023, https://www.statista.com/statistics/1379855/china-baas-market-share/
SECC, Market share of leading blockchain as a service companies in China in 2022 Statista, https://www.statista.com/statistics/1379855/china-baas-market-share/ (last visited December 26, 2024)
Market share of leading blockchain as a service companies in China in 2022 [Graph], SECC, September 5, 2023. [Online]. Available: https://www.statista.com/statistics/1379855/china-baas-market-share/
