×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

Italy Blockchain Iot Market

ID: MRFR/ICT/63505-HCR
200 Pages
Aarti Dhapte
October 2025

Italy Blockchain IoT Market Research Report By Application (Supply Chain Management, Healthcare, Smart Cities, Energy Management, Agriculture), By Technology (Public Blockchain, Private Blockchain, Hybrid Blockchain, Blockchain as a Service, Permissioned Blockchain), By End Use (Industrial, Commercial, Residential, Government, Transportation), and By Connectivity (Wireless Connectivity, Wired Connectivity, Bluetooth Connectivity, Cellular Connectivity, LPWAN Connectivity)- Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Italy Blockchain Iot Market Infographic
Purchase Options

Italy Blockchain Iot Market Summary

As per MRFR analysis, the Italy Blockchain IoT Market Size was estimated at 44.16 USD Million in 2024. The Italy Blockchain IoT Market is projected to grow from 63.48 USD Million in 2025 to 2390.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 43.74% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Italy Blockchain IoT Market is poised for substantial growth driven by technological advancements and regulatory support.

  • The market is witnessing enhanced security and data integrity, which are critical for IoT applications.
  • Increased efficiency in supply chain management is becoming a hallmark of blockchain integration in IoT.
  • The supportive regulatory environment is fostering innovation and adoption across various sectors.
  • Rising demand for transparency and the integration of smart contracts are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 44.16 (USD Million)
2035 Market Size 2390.0 (USD Million)
CAGR (2025 - 2035) 43.74%

Major Players

IBM (US), Microsoft (US), Amazon (US), Cisco (US), Oracle (US), SAP (DE), VeChain (CN), IOTA Foundation (DE), Waltonchain (CN)

Italy Blockchain Iot Market Trends

The blockchain iot market is experiencing notable growth, driven by the increasing demand for secure and efficient data management solutions. In Italy, businesses are increasingly recognizing the potential of integrating blockchain technology with IoT devices to enhance transparency and traceability in various sectors, including manufacturing, logistics, and agriculture. This integration appears to facilitate real-time data sharing and improve operational efficiency, which is crucial for maintaining competitiveness in a rapidly evolving digital landscape. Furthermore, the Italian government is actively promoting initiatives that support the adoption of innovative technologies, thereby fostering an environment conducive to the development of the blockchain iot market. Moreover, the rise of smart cities in Italy is likely to further propel the blockchain iot market. As urban areas increasingly adopt IoT solutions for traffic management, energy efficiency, and public safety, the need for secure data transactions becomes paramount. Blockchain technology offers a robust framework for ensuring data integrity and security, which may enhance public trust in these systems. Consequently, the convergence of blockchain and IoT technologies is expected to play a pivotal role in shaping the future of various industries in Italy, ultimately leading to improved services and enhanced quality of life for citizens.

Enhanced Security and Data Integrity

The integration of blockchain technology into IoT systems is likely to provide enhanced security features. By utilizing decentralized ledgers, businesses can ensure that data collected from IoT devices remains tamper-proof and secure. This is particularly relevant in sectors such as healthcare and finance, where data integrity is crucial.

Increased Efficiency in Supply Chain Management

Blockchain technology appears to streamline supply chain processes by providing real-time tracking and verification of goods. This capability may reduce delays and enhance transparency, allowing businesses to respond more swiftly to market demands and improve overall operational efficiency.

Supportive Regulatory Environment

The Italian government is actively fostering a regulatory framework that encourages the adoption of blockchain technologies. This supportive environment may facilitate innovation and investment in the blockchain iot market, enabling businesses to explore new applications and enhance their competitive edge.

Italy Blockchain Iot Market Drivers

Integration of Smart Contracts

The integration of smart contracts within the blockchain iot market is poised to revolutionize various business processes in Italy. Smart contracts facilitate automated transactions and agreements, reducing the need for intermediaries and minimizing operational costs. In 2025, it is projected that the adoption of smart contracts will increase by 40% among Italian enterprises, particularly in sectors such as real estate and finance. This shift not only enhances efficiency but also mitigates risks associated with manual errors. Furthermore, the blockchain iot market benefits from the seamless execution of complex agreements, enabling businesses to streamline operations and improve overall productivity. As organizations recognize the potential of smart contracts, the market is likely to witness substantial growth.

Rising Demand for Transparency

The blockchain iot market in Italy is experiencing a notable surge in demand for transparency across various sectors. This demand is driven by the need for enhanced traceability in supply chains, particularly in industries such as food and pharmaceuticals. Consumers are increasingly concerned about the origins of products, leading companies to adopt blockchain solutions to provide verifiable information. In 2025, it is estimated that approximately 30% of Italian businesses will implement blockchain technology to improve transparency. This trend not only fosters consumer trust but also aligns with regulatory requirements aimed at ensuring product authenticity. As a result, the blockchain iot market is likely to expand significantly, with companies investing in innovative solutions to meet these transparency demands.

Focus on Data Privacy Regulations

The emphasis on data privacy regulations in Italy is shaping the blockchain iot market landscape. With the implementation of stringent data protection laws, businesses are compelled to adopt solutions that ensure compliance while safeguarding consumer information. In 2025, it is projected that 50% of Italian companies will prioritize blockchain technology to enhance data privacy measures. This focus not only addresses regulatory requirements but also builds consumer confidence in digital transactions. The blockchain iot market is likely to thrive as organizations invest in technologies that provide secure data handling and storage solutions. As data privacy becomes a paramount concern, the integration of blockchain is expected to play a pivotal role in shaping the future of IoT applications.

Emergence of Decentralized Applications

The emergence of decentralized applications (dApps) is a transformative force within the blockchain iot market in Italy. These applications leverage blockchain technology to create peer-to-peer networks, enhancing user control and reducing reliance on centralized authorities. In 2025, it is estimated that the number of dApps in Italy will increase by 60%, particularly in sectors such as finance and supply chain management. This growth is indicative of a broader shift towards decentralized solutions that promote transparency and security. The blockchain iot market is likely to benefit from this trend, as businesses explore innovative ways to implement dApps for improved operational efficiency. As the adoption of decentralized applications accelerates, the market is expected to witness substantial advancements.

Growing Investment in IoT Infrastructure

Investment in IoT infrastructure is a critical driver for the blockchain iot market in Italy. As businesses increasingly recognize the value of interconnected devices, the demand for robust IoT frameworks is escalating. In 2025, it is anticipated that investments in IoT infrastructure will reach €5 billion, with a significant portion allocated to blockchain integration. This investment is expected to enhance data security and interoperability among devices, fostering a more efficient ecosystem. The blockchain iot market stands to benefit from this trend, as companies seek to leverage blockchain technology to secure data exchanges and improve device communication. Consequently, the market is likely to experience accelerated growth as IoT infrastructure continues to evolve.

Market Segment Insights

By Application: Supply Chain Management (Largest) vs. Healthcare (Fastest-Growing)

In the Italy Blockchain IoT Market, the application segment showcases Supply Chain Management as the largest area, reflecting its critical role in enhancing transparency and traceability across various industries. Following closely is the Healthcare sector, benefiting from the increasing integration of IoT devices and blockchain technology, which ensures secure patient data management and improved care outcomes. Other segments such as Smart Cities, Energy Management, and Agriculture also contribute but at a smaller scale compared to these leading applications. Growth trends in this segment are particularly driven by the rising demand for transparency and efficiency in Supply Chain Management, as well as the need for secure data handling in the Healthcare sector. Innovations in IoT and blockchain technologies are unlocking new opportunities, leading to increased investments and collaborations. As stakeholders recognize the value propositions, these segments are likely to experience robust growth, propelled by technological advancements and regulatory support.

Supply Chain Management (Dominant) vs. Healthcare (Emerging)

Supply Chain Management stands out as the dominant application in the Italy blockchain iot market, driven by its extensive use in logistics and inventory management, where businesses seek to enhance operational efficiency and reduce fraud. This segment facilitates real-time tracking and monitoring of goods, thereby improving the overall supply chain efficacy. On the other hand, Healthcare is emerging rapidly, underpinned by the need for secure and streamlined patient data sharing. The increasing prevalence of digital health records and IoT-enabled devices highlights its potential to transform patient care. As both segments evolve, they are expected to foster innovations and reshape traditional practices, aligning with the broader digital transformation trends.

By Technology: Public Blockchain (Largest) vs. Private Blockchain (Fastest-Growing)

In the Italy Blockchain IoT Market, the market share is prominently led by Public Blockchain technologies, which provide a strong decentralized framework favored for its security and transparency. Private Blockchain, on the other hand, is gaining traction and rapidly catching up as it offers tailored solutions for enterprises seeking more control over their data while maintaining a high level of security. Hybrid Blockchain is also emerging but still lags behind the leading and fastest-growing sectors. The growth trends indicate that while Public Blockchain remains dominant due to its established nature and widespread acceptance, Private Blockchain is emerging as the fastest-growing segment driven by the increasing demand for data privacy and security in corporate environments. The innovation in Blockchain as a Service (BaaS) is also propelling the market, allowing businesses to leverage blockchain without extensive in-house capabilities, further fueling the adoption of both Public and Private Blockchain solutions.

Technology: Public Blockchain (Dominant) vs. Private Blockchain (Emerging)

Public Blockchain technologies are characterized by their open-source nature, enabling anyone to participate and contribute to the network’s security and operations. This openness fosters innovation and builds trust among users, leading to a broader acceptance in various applications across industries. In contrast, Private Blockchain, while still utilizing core blockchain principles, offers a permissioned environment where access is restricted and governance is controlled by specific entities. This makes Private Blockchain appealing for businesses focused on confidentiality and transactional efficiency. The unique traits of each segment cater to different market needs, with Public Blockchain focusing on transparency and decentralization, while Private Blockchain emphasizes security and user control.

By End Use: Industrial (Largest) vs. Commercial (Fastest-Growing)

The Italy Blockchain IoT Market is witnessing a significant distribution of market share across various end-use segments. The industrial segment holds the largest share, driven by the increasing adoption of IoT solutions in manufacturing processes, enhancing operational efficiency and transparency. The commercial segment, while smaller in comparison, is rapidly gaining traction due to the rising demand for smart building technologies and automated systems. Growth trends indicate that the industrial sector is continuously evolving, incorporating cutting-edge technologies such as AI and big data alongside blockchain for real-time supply chain visibility. Meanwhile, the commercial segment is expected to emerge as the fastest-growing area, bolstered by investments in IoT-enabled services and applications, including smart retail solutions and energy management systems that cater to sustainability goals.

Industrial (Dominant) vs. Commercial (Emerging)

The industrial segment in the Italy blockchain iot market is characterized by its robustness and dominance, largely attributed to the need for enhanced efficiency and reduced operational costs. Industries are integrating blockchain with IoT to streamline supply chains, improve traceability, and secure transactions. On the other hand, the commercial segment is identified as an emerging powerhouse, capturing market interest with innovative applications like smart contracts for leasing and automated billing. This segment is poised for rapid growth as businesses increasingly adopt technology to create interconnected systems, improving customer experience and operational insights. The juxtaposition between the established industrial segment and the innovative commercial segment illustrates the diverse landscape of opportunities prevailing in the market.

By Connectivity: Wireless Connectivity (Largest) vs. LPWAN Connectivity (Fastest-Growing)

The connectivity segment of the Italy Blockchain IoT Market reveals a dynamic distribution among its various forms. Wireless Connectivity emerges as the largest segment, capitalizing on the growing demand for seamless communication in IoT applications. Other segments like Cellular and Bluetooth Connectivity also hold significant market shares, but they face stiff competition from the rapid advancements in wired and wireless technologies. Growth trends in this market segment are driven by the increasing adoption of IoT devices across industries such as manufacturing, healthcare, and transportation. As the demand for efficient and reliable communication grows, LPWAN Connectivity is witnessing the fastest growth, offering low-power solutions for extensive networks. Investment in infrastructure and advancements in connectivity technology are essential drivers propelling these trends forward.

Wireless Connectivity (Dominant) vs. LPWAN Connectivity (Emerging)

Wireless Connectivity is the dominant force in the Italy blockchain iot market, characterized by its ability to provide robust and flexible communication solutions. It supports a wide array of IoT applications, making it indispensable for businesses looking to enhance operational efficiency. In contrast, LPWAN Connectivity, while still emerging, is rapidly gaining traction, appealing to sectors needing cost-effective, low-power communication for large-scale deployments. LPWAN technology facilitates long-range transmissions and is ideal for applications such as smart city initiatives and agricultural monitoring. Together, these connectivity forms shape the landscape of the Italy blockchain iot market by addressing diverse business needs.

Get more detailed insights about Italy Blockchain Iot Market

Key Players and Competitive Insights

The blockchain IoT market in Italy is characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for secure, efficient data management solutions. Key players such as IBM (US), Microsoft (US), and SAP (DE) are strategically positioned to leverage their extensive technological expertise and established market presence. IBM (US) focuses on innovation through its Watson IoT platform, which integrates AI capabilities with blockchain technology to enhance operational efficiency. Meanwhile, Microsoft (US) emphasizes partnerships and cloud-based solutions, aiming to provide scalable IoT applications that utilize blockchain for enhanced security and transparency. SAP (DE) is also making strides by integrating blockchain into its enterprise resource planning systems, thereby facilitating seamless data exchange across supply chains. Collectively, these strategies foster a competitive environment that prioritizes technological integration and collaborative innovation.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The competitive structure of the blockchain IoT market appears moderately fragmented, with several key players exerting influence while also facing competition from emerging startups. This fragmentation allows for diverse solutions and innovations, although the presence of established firms often sets high entry barriers for new entrants.

In October 2025, IBM (US) announced a partnership with a leading Italian telecommunications provider to develop a blockchain-based IoT solution aimed at enhancing smart city initiatives. This collaboration is strategically significant as it aligns with Italy's push towards digital transformation in urban management, potentially positioning IBM as a leader in this niche market. The integration of IoT and blockchain technologies is expected to improve data security and operational efficiency in urban infrastructure.

In September 2025, Microsoft (US) launched a new initiative focused on integrating its Azure cloud services with blockchain technology to support IoT applications in the manufacturing sector. This move is crucial as it not only enhances the security of data transactions but also streamlines operations, thereby appealing to manufacturers seeking to modernize their processes. The initiative reflects Microsoft's commitment to driving digital transformation in Italy's industrial landscape.

In August 2025, SAP (DE) unveiled a new blockchain module within its supply chain management software, specifically designed for the Italian market. This development is indicative of SAP's strategy to enhance transparency and traceability in supply chains, which is increasingly demanded by consumers and regulatory bodies alike. By providing tools that facilitate compliance and operational efficiency, SAP is likely to strengthen its foothold in the region.

As of November 2025, current trends in the blockchain IoT market include a pronounced focus on digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaborative solutions. Looking ahead, it is anticipated that competitive differentiation will increasingly pivot from price-based strategies to those emphasizing technological innovation, reliability in supply chains, and sustainable practices. This shift underscores the importance of adaptability and forward-thinking in maintaining a competitive edge in the evolving market.

Key Companies in the Italy Blockchain Iot Market market include

Industry Developments

Accenture and Generali Employee Benefits collaborated to introduce a blockchain solution in March 2023 with the goal of revolutionizing the captive insurance services reinsurance process. Oracle launched its Blockchain Platform Cloud Service, a managed blockchain solution for executing smart contracts and keeping an impenetrable distributed ledger, in April 2023.

Zebra Technologies introduced its IoT Connector software in May 2023. This software improves data integration capabilities by directing data from Zebra devices into desired IoT endpoints. Filament unveiled its next-generation blockchain technology in June 2023, which is intended to improve security and efficiency by facilitating data transactions on enterprise and industrial machines and sensors.Chronicled created a blockchain registry for IoT devices in July 2023 with the goal of using the blockchain-powered MediLedger Network to automate business rule enforcement in the life sciences sector. VeChain expanded its market share in Europe and partnered with regional businesses on blockchain-IoT projects by joining the European Blockchain Association in August 2023.

Microsoft established a partnership with Italian companies in September 2023 to enhance digital transformation initiatives by implementing blockchain-IoT solutions across multiple industries. IBM introduced a blockchain-IoT system specifically designed for the Italian industrial industry in October 2023 with the goal of increasing supply chain efficiency and transparency.With an emphasis on urban transportation and energy management, the IOTA Foundation teamed up with Italian municipalities in November 2023 to test blockchain-IoT applications in smart city initiatives.

Italy Blockchain IoT

Future Outlook

Italy Blockchain Iot Market Future Outlook

The Blockchain IoT Market is projected to grow at a 43.74% CAGR from 2024 to 2035, driven by increased demand for secure data exchange and automation.

New opportunities lie in:

  • Development of decentralized supply chain management solutions.
  • Integration of blockchain with smart city infrastructure.
  • Creation of IoT-enabled energy management systems for businesses.

By 2035, the market is expected to be robust, driven by innovative applications and strategic partnerships.

Market Segmentation

Italy Blockchain Iot Market End Use Outlook

  • Industrial
  • Commercial
  • Residential
  • Government
  • Transportation

Italy Blockchain Iot Market Technology Outlook

  • Public Blockchain
  • Private Blockchain
  • Hybrid Blockchain
  • Blockchain as a Service
  • Permissioned Blockchain

Italy Blockchain Iot Market Application Outlook

  • Supply Chain Management
  • Healthcare
  • Smart Cities
  • Energy Management
  • Agriculture

Italy Blockchain Iot Market Connectivity Outlook

  • Wireless Connectivity
  • Wired Connectivity
  • Bluetooth Connectivity
  • Cellular Connectivity
  • LPWAN Connectivity

Report Scope

MARKET SIZE 2024 44.16(USD Million)
MARKET SIZE 2025 63.48(USD Million)
MARKET SIZE 2035 2390.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 43.74% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled IBM (US), Microsoft (US), Amazon (US), Cisco (US), Oracle (US), SAP (DE), VeChain (CN), IOTA Foundation (DE), Waltonchain (CN)
Segments Covered Application, Technology, End Use, Connectivity
Key Market Opportunities Integration of blockchain technology enhances security and transparency in IoT applications across various sectors.
Key Market Dynamics Rising demand for secure data sharing drives innovation in blockchain IoT solutions across various sectors.
Countries Covered Italy

Leave a Comment

FAQs

What is the expected market size of the Italy Blockchain IoT Market in 2024?

The Italy Blockchain IoT Market is expected to be valued at 93.6 million USD in 2024.

How much is the Italy Blockchain IoT Market projected to be worth by 2035?

By 2035, the Italy Blockchain IoT Market is anticipated to reach a value of 600.0 million USD.

What is the CAGR of the Italy Blockchain IoT Market between 2025 and 2035?

The market is projected to grow at a CAGR of 18.4% from 2025 to 2035.

Which application is estimated to have the highest market value in 2035 within the Italy Blockchain IoT Market?

Smart Cities is projected to have the highest market value at 180.0 million USD in 2035.

What is the market value of Supply Chain Management in the Italy Blockchain IoT Market for 2024?

Supply Chain Management is valued at 20.0 million USD in 2024.

Who are the key players in the Italy Blockchain IoT Market?

Major players include Oracle, IBM, Microsoft, and Accenture among others.

What is the estimated market size for Healthcare applications in the Italy Blockchain IoT Market in 2035?

The market for Healthcare applications is expected to be valued at 110.0 million USD in 2035.

What is the projected market size for Energy Management in the year 2035?

Energy Management is projected to reach a market size of 90.0 million USD in 2035.

What is the forecast for the Agriculture application market within the Italy Blockchain IoT Market by 2035?

The Agriculture application market is expected to grow to 100.0 million USD by 2035.

How does the expected market growth rate for the Italy Blockchain IoT Market compare across various applications?

Each application is projected to experience significant growth, particularly Smart Cities and Supply Chain Management, indicating a strong overall market trend.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions