White Paper: Blockchain Landscape Analysis

The global blockchain technology market size was valued at $3.67 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 82.4% from 2021 to 2028. As this industry exponentially grows, supply of talent currently does not meet demand.

IdenX and QUBIC Labs (“QUBIC”) established a partnership in 2021 to leverage IdenX’s proprietary data-driven research, analytics, and strategic insight to support QUBIC’s mission around economic development and technology job creation in Massachusetts by creating a globally recognized blockchain hub.

To support this mission, IdenX and QUBIC sought to understand the talent landscape of the burgeoning blockchain industry in the United States – where it is being developed and produced, where the talent goes to work, and where the growth exists. Having identified these attributes, this report also analyses what these findings mean using the Commonwealth of Massachusetts as a case study.