Blockchain Supply Chain Market: From Research to Real-World Applications

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Increasing demand for transparency, secure transactions, and rising adoption of technologies such as AI and Machine Learning in the supply chain industry are some key factors driving global blockchain supply chain market growth

The new report titled ‘Global Blockchain Supply Chain Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Blockchain Supply Chain market outlook over the forecast duration (2021-2028). Researchers have examined the global market holistically and emphasised the elements that affect the market's overall expansion. The study examines the strengths, weaknesses, opportunities, and threats related to the expansion of the various market sectors using effective analytical tools like SWOT analysis and Porter's Five Forces. The study includes vital information, like the market shares of the major players, that aids the reader in gaining a thorough understanding of the Blockchain Supply Chain market. The most recent research study serves as the ideal illustration of the thorough analysis of the international Blockchain Supply Chain market. The table of contents, a list of tables and figures, research methods, geographic segmentation, competitive environment, upcoming developments, and technological innovation are all included in this document. The globally-disrupting incidence has impacted nearly every aspect of this business domain. However, the latest study expounds on the present market scenario and forecasts the pandemic’s aftermath, with respect to this industry. Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.

The blockchain supply chain market size reached USD 271 million in 2020 and is expected to reach USD 14,180 million in 2028 and register a CAGR of 63.9% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing need of transparency in the supply chain, technological advancements in transactions in supply chain are factor driving rising focus on improving data security and maintaining records of transactions. In addition, this trend is expected to continue during the forecast period.

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Some of the key participants in this industry include:

IBM Corporation, Oracle Corporation, SAP SE, Microsoft Corporation, Huawei Technologies Co., Ltd., Amazon Web Services Inc., Guardtime Inc., TIBCO Software Inc., Auxesis Group, BTL Group, Accenture PLC, and Omnichain Inc

The global Blockchain Supply Chain market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Blockchain Supply Chain market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Key regions covered in the report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Get access to the full description of the report @ https://www.emergenresearch.com/industry-report/blockchain-supply-chain-market

This report is the latest document encompassing the massive changes that took place in the Blockchain Supply Chain market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Blockchain Supply Chain market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.

  • Component Outlook (Revenue, USD Billion; 2018–2028)

    • Platform
    • Services
  • Type Outlook (Revenue, USD Billion; 2018–2028)

    • Public
    • Private
    • Consortium
  • Application Outlook (Revenue, USD Billion; 2018–2028)

    • Smart Contracts
    • Payment Settlement
    • Product Traceability
    • Compliance management
    • Inventory Monitoring
    • Others

Valuable Market Insights:

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Blockchain Supply Chain market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

Questions addressed in the report:

  • What is the estimated market growth rate throughout the forecast period?
  • Which end-use industry is expected to witness the highest demand for Blockchain Supply Chain in the near future?
  • What is the regulatory framework governing the application of Blockchain Supply Chain in the food industry?
  • Which manufacturing processes are utilized for the production of Blockchain Supply Chain?

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