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Owing to globalization and rising internet penetration, enterprises and customers do not have clear visibility of all the members present in management. Blockchain disruption in supply chain management can solve the problem of lack of transparency and accountability. Blockchain is a decentralized network that works without a single authority and records information such that the information can be viewed by its members but can’t be altered, once it is recorded in the system.
The global blockchain supply chain market can be segmented based on type, provider, application, end-user industry and region. Based on application, the global blockchain supply chain market can be segmented into payment & settlement, counterfeit detection, product traceability, smart contracts, risk & compliance management and others. To automate contract execution and eliminate the need for intermediaries is driving the demand for blockchain in a smart contract segment, which is anticipated to witness the fastest growth during the forecast period. In terms of provider, the market can be segmented into application & solution provider, middleware provider and infrastructure & protocols provider. Application & solution provider is expected to grow at the highest rate due to the introduction of blockchain for streamlining supply chain management activities.
Regionally, blockchain supply chain market is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and Middle East & Africa. In 2018, North America accounted for a significant share in the global blockchain supply chain market as the countries in the region are readily adopting innovative technologies. Moreover, the presence of leading vendors in the region is further expected to positively influence North America blockchain supply chain market until 2024.
The major players operating in the global blockchain supply chain market Oracle Corp., Amazon Web Services, SAP SE, Microsoft Corporation, IBM Corporation, Intel Corp., Amazon Inc., NVIDIA Corp., Wipro Ltd., Huawei, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. Blockchain Tech Ltd. started offering commercial blockchain solutions to business with advanced trading and settlement needs.
Years considered for this report:
- Historical Years: 2014-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Period: 2020-2024
The objective of the Study:
- To analyze and forecast the market size of the global blockchain supply chain market.
- To classify and forecast the global blockchain supply chain market based on type, provider, application, end-user industry and regional distribution.
- To identify drivers and challenges for the global blockchain supply chain market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global blockchain supply chain market.
- To conduct a pricing analysis for the global blockchain supply chain market.
- To identify and analyze the profile of leading players operating in the global blockchain supply chain market.
Some of the leading players in the global blockchain supply chain market include Oracle Corp., Amazon Web Services, SAP SE, Microsoft Corporation, IBM Corporation, Intel Corp., Amazon Inc., NVIDIA Corp., Wipro Ltd., Huawei, etc.
The author performed both primary as well as exhaustive secondary research for this study. Initially, they sourced a list of service providers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they could include the service providers which could not be identified due to the limitations of secondary research. The service offerings, distribution channels and the presence of all major service providers across the globe were analyzed.
The author calculated the market size of the global blockchain supply chain market by using a bottom-up approach, wherein data for various end-user segments were recorded and forecast for the future years. They sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Blockchain supply chain application providers, service providers
- Research organizations and consulting companies
- Government bodies such as regulating authorities and policymakers
- Organizations, forums and alliances related to blockchain supplychain
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, the global blockchain supply chain market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Market, By Type:
- Public Blockchain
- Private Blockchain
- Consortium Blockchain
Market, By Provider:
- Infrastructure & Protocols Providers
- Application & Solution Provider
- Middleware Provider
Market, By Application:
- Payment & Settlement
- Product Traceability
- Smart Contracts
- Counterfeit Detection
- Risk & Compliance Management
- Others
Market, By End-User Industry:
- Retail
- Oil & Gas
- Healthcare
- IT & Telecom
- Others
Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Rest of APAC
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global blockchain supply chain market.
Available Customizations:
With the given market data, the author offers customizations according to specific needs. Please contact our customer service team for more enquires
Table of Contents
1. Product Overview2. Research Methodology3. Executive Summary
Companies Mentioned
- Amazon Inc.
- Amazon Web Services
- Huawei
- IBM Corporation
- Intel Corp.
- Microsoft Corporation
- NVIDIA Corp.
- Oracle Corp.
- SAP SE
- Wipro Ltd.