Blockchain Market In Supply Chain Industry 2024-2028
The blockchain market in supply chain industry is forecasted to grow by USD 7,545.28 mn during 2023-2028, accelerating at a CAGR of 53.59% during the forecast period. The report on the blockchain market in supply chain industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing number of cargo thefts, increasing complexities due to time-bound deliveries and customization of supply chain, and booming e-commerce industry.
Technavio's blockchain market in the supply chain industry is segmented as below:
By Type
By Application
- Transportation
- Warehousing
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the advent of blockchain-as-a-service as one of the prime reasons driving the blockchain market in supply chain industry growth during the next few years. Also, growth of quantum computing and emergence of blockchain analytics will lead to sizable demand in the market.
The report on the blockchain market in supply chain industry covers the following areas:
- Blockchain market in supply chain industry sizing
- Blockchain market in supply chain industry forecast
- Blockchain market in supply chain industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blockchain market in supply chain industry vendors that include Accenture Plc, Amazon.com Inc., Auxesis Services and Technologies International, Bitfury Group Ltd., Capgemini Service SAS, ConsenSys Software Inc., Deloitte Touche Tohmatsu Ltd., GuardTime OU, Huawei Technologies Co. Ltd., Infosys Ltd., International Business Machines Corp., Microsoft Corp., NB Ventures Inc., Omnichain Solutions, Oracle Corp., SAP SE, Tencent Holdings Ltd., TIBCO Software Inc., VeChain Technology, and Wipro Ltd.. Also, the blockchain market in supply chain industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.