Market Analysis
The smart contract market is on a tear, fueled by the widespread adoption of blockchain technology. According to the most recent report the global smart contracts market size is poised for significant growth, reaching $5.2 trillion in 2030, from $775 billion in 2023 [1]. The sales are expected to witness a robust CAGR of 32% and generate over $450 billion in fees annually by 2030. However, with this growth comes complexity. The increasing value and intricate nature of smart contracts have made robust security and compliance paramount.
Our market analysis reveals a significant gap in existing solutions. Many are limited in scope, lacking real-time functionality or the ability to adapt to emerging threats. Some rely on manual code audits, a slow and resource-intensive process. Others offer automated vulnerability scanning, but these tools often fall short in predicting and preventing future attacks.
The market is expected to grow rapidly over the coming years as blockchain technology sees increasing real-world adoption. Key drivers of the smart contract market include the need for automation of manual processes, cost reduction, improved transactional security, and transparency.
By democratizing access to security audits, market intelligence company Messari expects that AI-native security networks will expand the total addressable market (TAM) by a factor of 5-10x [2]. Table below is comparing centralized auditors vs decentralized security networks across crypto market cycles.
| Certik in 20-22 | AI Audits in 24-26 | |
|---|---|---|
Peak-to-trough crypto market cap | $200B →$2T | $1T →??? |
% projects getting security audits | 10% | 50-75% |
% leader market share | 60% | 60-75% |
Projects audited | 10k+ | 100k+ |
Capital raised | $230m | fair launch |
Valuation | $2B | $10B+ |
The demand for a comprehensive solution is undeniable. That's where we come in. Our platform offers a holistic approach, addressing these market needs with a single, scalable, and blockchain-agnostic solution. We deliver in-depth security analysis, real-time compliance monitoring, and future-oriented threat intelligence. As the smart contract landscape continues to evolve, our AI-driven approach positions us as a leader in securing and streamlining smart contracts across the entire blockchain ecosystem.
ARK Investment Management LLC. (2024). Big ideas 2024: Annual research report. ARK Invest; Available online: https://www.ark-invest.com/big-ideas-2024
Messari. Smart Contract Market Analysis. Messari, 2023; Available online: https://messari.io/report-pdf/f125632168e9a04e016fe43bc551f412389eda4f.pdf
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