Worldwide spending on blockchain solutions has increased year-over-year from under $1 billion in 2017 to $6.6 billion in 2021. This figure is expected to jump to $19 billion in 2024.

According to a study by Deloitte, 49% of technology and media companies invested at least $5M in blockchain in the last year.

Importantly, plans to invest in the blockchain are more prevalent in the media industry than in any other sector.