The Next Trillion-Dollar DePIN Titan: A New Era of Decentralized Connectivity Solutions

The Next Trillion-Dollar DePIN Titan: A New Era of Decentralized Connectivity Solutions

The next trillion-dollar company is poised to emerge from the decentralized physical infrastructure network (DePIN) industry, driven by an escalating demand for decentralized connectivity solutions. Carlos Lei Santos, the co-founder and CEO of Uplink, shares this vision with Cointelegraph in an exclusive interview.

“I firmly believe that the next trillion-dollar company will be independent and most likely will focus on wireless connectivity. It’s an area where the market is experiencing significant growth,” Lei asserts.

According to Lei, the forthcoming trillion-dollar behemoth will be built on decentralized connectivity infrastructure, representing the natural evolution of this sector. Uplink is one of the pioneers in this space, enhancing connectivity between new and existing wireless infrastructures through its decentralized wireless network.

Unlike traditional centralized companies, the emerging trillion-dollar DePIN firm will likely function as a decentralized “orchestrator,” seamlessly connecting various infrastructures. Lei draws a parallel to today’s Amazon Web Services (AWS), the leading global cloud computing platform. He explains:

“They’ll enable orchestration across different infrastructures, regardless of who operates them, similar to what Amazon achieved with AWS. This next trillion-dollar entity will be the AWS of connectivity.”

A 2022 report by Intricately highlights AWS’s dominance, with over 1.45 million businesses leveraging it as the premier global cloud provider.

DePIN Industry Projections: A $3.5 Trillion Market by 2028

The DePIN industry is one of the fastest-growing sectors, with a current total addressable market exceeding $2.2 trillion. According to a January 2023 report by Messari, the DePIN industry is anticipated to surpass $3.5 trillion by 2028, marking an increase of over $1.3 trillion.

Lei of Uplink confidently states that Messari’s growth forecast is “100%” achievable, driven by the escalating demand for innovative decentralized connectivity solutions that can overcome the inefficiencies of current interconnectivity methods. He elaborates:

“Every day, the number of devices requiring connectivity increases, escalating the demand. The existing connectivity infrastructure deployment methods are no longer sustainable.”