How Major Players Are Impacting the Global Blockchin Supplychain Markets by 2024?

The global blockchain supply chain market is estimated to reach USD 4.1 Billion in 2024 at a CAGR of 81.2%. Increasing customer demand for traceability and increasing demand for secure trail is expected to drive the blockchain supply chain market during the forecast period. However, issue of data ownership and complexity of combining blockchain with existing system is expected to restrain the market during the forecast period. Combining blockchain with IoT and other monitoring technology is expected to become an opportunity for blockchain supply chain market.

Blockchain is safe, secure data ledger simultaneously used by multiple entities via distributed network. Supply chain is a series of processes involved in the manufacturing and distribution of any commodity. Blockchain supply chain is collaborating blockchain technology with existing supply chain system. Blockchain supply chain improves the efficiency of current system and delivers better outcomes. Some key players in blockchain supply chain market are IBM, Microsoft Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, and SAP SE among others.

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Blockchain Supplychain: Trends, Segmentation & Drivers

This market research report offers a comprehensive analysis of key market trends in the global blockchain supply chain market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of platform, the market is segmented into public, private and permissioned. By provider, the blockchain supply chain market is segmented into service and solution, middleware, and infrastructure and protocol. By application, blockchain supply chain market is segmented into counterfeit detection, product traceability, smart contracts, streamline payment, compliance management and others. By end use industry, blockchain supply chain market is segmented into retail, life science and healthcare, automotive and manufacturing, energy and power, food and others.

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Blockchain Supplychain Market by Platform

• Public
• Private
• Permissioned

Blockchain Supplychain Market by Provider

• Service and Solution Provider
• Middleware Provider
• Infrastructure and Protocol Provider

Blockchain Supplychain Market by Application

• Counterfeit Detection
• Product Traceability
• Smart Contracts
• Streamline Payment
• Compliance Management
• Others

Blockchain Supplychain Market by End Use Industry

• Retail
• Life Sciences & Healthcare
• Automotive & Manufacturing
• Energy & Power
• Food Industry
• Others

Blockchain Supplychain Market by Region

• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia-Pacific
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• UK
• The Netherlands
• Rest of Europe
• Middle East and Africa
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
• South America
• Brazil
• Argentina
• Rest of South America

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