DUBLIN, Sept. 7, 2022 /PRNewswire/ — The ‘Blockchain Supply Chain Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027’ report has been added to ResearchAndMarkets.com’s providing.
The international blockchain provide chain market reached a price of US$ 355.47 Million in 2021. Looking ahead, the writer expects the market to attain a price of US$ 4,874.24 Million by 2027, exhibiting a CAGR of 54.71% throughout 2021-2027.
Keeping in thoughts the uncertainties of COVID-19, we’re constantly monitoring and evaluating the direct in addition to the oblique affect of the pandemic on totally different finish use industries. These insights are included in the report as a serious market contributor.
Blockchain refers to a shared peer-to-peer expertise that synchronizes transaction knowledge throughout networks and offers a digital database for validated and immutable transactions. Using good contracts that get mechanically triggered when pre-defined business circumstances are met, it successfully automates provide chain transactions, thereby eradicating middlemen and selling a direct connection between stakeholders.
Blockchain provide chain additionally acts as an open ledger, with each transaction on the community made accessible in a read-only format for all the concerned individuals to precisely retrace to its level of origin. Therefore, it ensures optimum transparency at each stage of the provide chain administration, minimizes the points encountered throughout items transportation and reduces the want for info sharing through mail or another communication platforms.
The international market is primarily pushed by the in depth adoption of blockchain expertise in retail provide chain administration (SCM). This may be attributed to the rising on-line transactions, together with the rising demand for safety and transparency in provide chain transactions.
In line with this, the rising utilization of superior applied sciences, akin to synthetic intelligence (AI) and machine studying (ML), in business methods is main to a better product uptake throughout SMEs.
The speedy business automation is additional propelling the demand for efficient monitoring of authentication course of info, procurement knowledge, and certifications, which, in flip, is offering an impetus to the market. In addition to this, the widespread adoption of good gadgets amongst the plenty, coupled with a substantial rise in web subscribers, is leading to the widespread utilization of those gadgets for product procurement, subsequently making a optimistic outlook for the market.
Some of the different components contributing to the market development embody the flourishing e-commerce sector, the augmenting demand for eliminating middlemen in the provide chain, and in depth analysis and improvement (R&D) actions carried out by key gamers.
Competitive Landscape:
The aggressive panorama of the trade has additionally been examined together with the profiles of the key gamers being Accenture plc, Amazon Web Services Inc. (Amazon.com Inc.), Auxesis Group, Guardtime, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, OpenXcell, Oracle Corporation, PixelPlex, SAP SE and TIBCO Software Inc.
Key Questions Answered in This Report:
- How has the international blockchain provide chain market carried out thus far and the way will it carry out in the coming years?
- What has been the affect of COVID-19 on the international blockchain provide chain market?
- What are the key regional markets?
- What is the breakup of the market primarily based on the part?
- What is the breakup of the market primarily based on the utility?
- What is the breakup of the market primarily based on the trade vertical?
- What are the numerous levels in the worth chain of the trade?
- What are the key driving components and challenges in the trade?
- What is the construction of the international blockchain provide chain market and who’re the key gamers?
- What is the diploma of competitors in the trade?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Blockchain Supply Chain Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Platform
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Smart Contracts
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Payment and Settlement
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Product Traceability
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Inventory Monitoring
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Compliance Management
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Industry Vertical
8.1 Retail
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Manufacturing
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Food and Beverages
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Healthcare
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Oil and Gas
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Accenture plc
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 SWOT Analysis
14.3.2 Amazon Web Services Inc. (Amazon.com Inc.)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 SWOT Analysis
14.3.3 Auxesis Group
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 SWOT Analysis
14.3.4 Guardtime
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 SWOT Analysis
14.3.5 Huawei Technologies Co. Ltd.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 SWOT Analysis
14.3.6 International Business Machines Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 SWOT Analysis
14.3.7 Microsoft Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 SWOT Analysis
14.3.8 OpenXcell
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 SWOT Analysis
14.3.9 Oracle Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 SWOT Analysis
14.3.10 PixelPlex
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 SWOT Analysis
14.3.11 SAP SE
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 SWOT Analysis
14.3.12 TIBCO Software Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 SWOT Analysis
For extra details about this report go to https://www.researchandmarkets.com/r/gzx5yl
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