Absolute Markets Insights has published a statistical data to its extensive repository titled as, Blockchain Supply Chain Market. The study comprises different segments and sub-segments such as type, size, applications, and end-users. The global Blockchain Supply Chain market provides an analytical study of numerous growths influencing factors Primary and secondary research techniques have been used by analysts of the report. It offers the entire demand-supply chain of a Blockchain Supply Chain market to understand the demanding structure of the Blockchain Supply Chain sector. In this effective and informative report, top-level industries have been profiled to get an in-depth analysis of successful strategies of various companies. To get a stronger and effective business outlook different internal and external factor are mentioned which are responsible for fueling or hampering the progress of the market. Additionally, it offers insightful data which helps to formulate the best strategies for both established key players as well as new entrants.
Global
blockchain supply chain market is expected to surpass US$6.5 billion by 2030,
growing at a CAGR of 60%. The study presents detailed analysis of the market
for all major countries across the globe.
For more information about this report
visit @ https://www.absolutemarketsinsights.com/reports/Global-Blockchain-Supply-Chain-Market-2019-2027-190
Major players operating in
the global Blockchain Supply Chain Market:
The primary market
participants in global blockchain supply chain market include Applied
Blockchain Ltd., Bitfury, BTL Group Ltd., Chainvine Ltd, Guardtime, Huawei
Technologies Co., Ltd., IBM Corporation, Microsoft, OpenXcell, Ownest, Peer
Ledger Inc., Provenance, PwC, Ripe.io, SAP SE, Sofocle Technologies (OPC) Pvt
Ltd., VeChain Foundation, Venture Proxy Ltd., Wipro Limited amongst others.
Blockchain supply chain
market is being fueled by rising demand from the logistics industry due to the
need for improvements in productivity of the supply chain lifecycle. Logistics
companies require innovative tracking technologies for assessment of their
existing operations and finding potential areas for improvement. Product
manufacturers also need a mechanism in order to trace the product across the
lifecycle to gain insights regarding potential improvements and modifications
in the same. These insights help them in future product developments along with
improvements in manufacturing technologies. Blockchain can benefit
manufacturers and distributors since the information pertaining to the product
workflow is available to the users at every stage in a decentralized manner.
Blockchain technology is
capable of completing transactions for the end-users with enhanced security
when compared to traditional payment methods. This is primarily owing to the
distributed ledger in which every block is updated during every transaction.
The block updating helps in limiting cyber-attacks on financial transactions
since the attackers have to modify the complete chain of blocks in order to
validate their attack. Financial transactions make up a major part of any
supply chain and hence, require protection for the same since the scale of
transactions from organizations is larger than individual users. Companies
currently providing blockchain solutions for the supply chain are capable of
providing customized solutions as per client requirements. Market players in
blockchain supply chain market are increasing their research initiatives in
order to cater to supply chains of varying organization sizes.
Blockchain Supply Chain
Market
By Offerings
·
Solutions
·
Services
By Application
·
Goods
and Distribution Tracking
·
Finance
·
Smart
Contracts
·
Others
(Forecasting, Freight Costing Etc.)
By Vertical
·
Retail
·
Food
and Beverages
·
Healthcare
·
Heavy
Machinery
·
Postal
Services
·
Financial
Services
·
Others
(Government, Media and Entertainment Etc.)
By Region
·
North
America
·
Europe
·
Asia
Pacific
·
Middle
East and Africa
·
Latin
America
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