A new research report by Grand View Research has asserted that the next eight years could see the blockchain marketplace grow to almost $8 billion in value by 2024, according to a recent CoinDesk article.

The report found that a combination of industry investments, enterprise interest in blockchain solutions, and growing use of digital currencies as the lead drivers of expected growth.

CoinDesk goes on to explain that other industry commentators have speculated that the next year or two could see significant growth in the blockchain space, particularly as commercial-scale products and services begin to come online in a meaningful way.