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Blockchain Market In Supply Chain - Forecast (2020 - 2025)

  • ID: 4425362
  • Report
  • March 2020
  • Region: Global
  • 105 pages
  • IndustryARC
Despite heavy investment in supply chain management, organizations fail to deliver the best services because of the exuded complexity and mere lack of transparency with the customers. Traversing to the last decade; according to the National Institute of Standards and Technology (NIST), the inadequacies in the supply chain infrastructure translated to $5 billion annual loss in the automotive industry and $3.9 billion in the electronics industry. It has been more than a decade, but organizations are still struggling to control their supply chain management process which is leading to irrevocable losses. However, this challenge is lead to a gamut of opportunities for blockchain market in supply chain which had a market size of $70 million to $75 million as of 2020 according to the market analyst. Furthermore, the analyst estimates that the demand for the implementation of blockchain in the supply chain sector will increase with a mindboggling CAGR of 50% during the forecast period of 2020 to 2025.

Owing to the myriad of transportation and other systems that warrant multiple steps before the delivery to the end-user in North America, there is a discernible demand for supply chain in North America. Now, this is coupled with the region’s progress in technology and its adoption in each sector, which is aiding to the increasing blockchain market in supply chain market size. The region has a market share of nearly 40%.

Blockchain Market in Supply Chain Outlook:

The blockchain is a value-exchange protocol or a distributed computing system which uses cryptography. It was invented in 2008 to serve as the public transaction ledger of the cryptocurrency. Blockchain market in supply chain management has a wide scope. Blockchain finds applications in a lot of industries for procurement, sales, and other tasks that involve a financial transaction. Its major application is in the payment sector, especially because it provides a holistic solution to the much need transparency between the vendor and customer. According to the market analyst, the forecast period of 2020 to 2025 will observe a staggering CAGR of 32% to 35% in the payment sector.

Blockchain Market in Supply Chain Growth Drivers:

- The Proliferation of E-Commerce Across the Globe:

Owing to the growing number of mobile subscribers across the globe, a significant fraction of population is now using mobile phones and other gadgets to purchase a product, which is leading to rapid growth of the E-Commerce sector. Now, the E-Commerce businesses have a lengthy supply chain management system, and the loopholes in the system lead to losses and deterioration of end-user service which proves to be detrimental to their brands. However, the application of blockchain reduces the risk of losses due to the blemishes in the system. This happens to be a major factor leading to opportunities for blockchain market in supply chain management.

  • The Adoption of Blockchain in the Banking Sector:

Similar to E-Commerce, the banking sector has a supply management system for a seamless cash flow and branch operations. The application of blockchain in the banking sector instill better security to the digital transactions and disables all the mishaps that can lead to heavy losses. The on-going digitization and the need for providing a safe and secure transactional process to the customers are factors that are creating a sustainable blockchain market in supply chain management of the banking sector.

- The Penetration of Smart Contracts in Various Industries:

Smart contract is a supply chain computer protocol which digitally facilitates, verifies, or enforces the negotiation and performance of a contract and ultimately makes tracking shipments and deliveries fairly easier. Now, organizations are leveraging blockchain in smart contracts, which is further stroking the blockchain market in supply chain management. 

Blockchain Market in Supply Chain Challenges:

Blockchain technology contains immutable and transparent attributes, and a block is formed within the chain when a user completes an action or a series of action. The major challenge in this technology is entering the information and creating a block thereafter. However, blockchain technology is continuously evolving which will alleviate the challenge and help vendors in the blockchain market in supply chain management streamline the operations.

Blockchain Market in Supply Chain Key Players Perspective:

The key players trying to enhance revenues from the blockchain market in supply chain management are Microsoft, IBM, Oracle, T-Mining, DTCO, Deloitte, Primechain, Veem, Guardtime, BTL, Ripple, OpenXCell.

Blockchain Market in Supply Chain Trends:

In November 2020, Amazon partnered with Kaleido – a startup that helps organizations to implement blockchain technology.

Latest Development – Recently, blockchain has ventured into the healthcare services to strengthen their supply chain processes by combating counterfeit medicines and securing medical devices. This is going to create a revenue avenue for vendors in blockchain market in supply chain management.

Blockchain market in supply chain Market Research Scope:

The base year of the study is 2020, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the blockchain market in supply chain. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of blockchain market in supply chain, and their specific applications in the marketing and advertising, drugs and healthcare, and other sectors. 

Blockchain market in supply chain Market Report: Industry Coverage

The report analyses the product demands on the bases of type – public blockchain, private blockchain and others. The market is also segmented on the basis of origin of the product, compounds and others.

The blockchain market in supply chainmarket report also analyzes the major geographic regions as well as the major countries in these regions.

The regions and countries covered in the study include:

  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia
Note: Product cover images may vary from those shown
1. Blockchain Market In Supply Chain - Overview
1.1. Definitions and Scope

2. Blockchain Market In Supply Chain - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography

3. Blockchain Market In Supply Chain
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis

4. Blockchain Market In Supply Chain Market Forces
4.1. Drivers
4.2. Constraints
4.3. Challenges
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes

5. Blockchain Market In Supply Chain - Strategic analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle
5.4. Suppliers and distributors Market Share

6. Blockchain Market In Supply Chain – By Type (Market Size -$Million / $Billion)
6.1. Market Size and Market Share Analysis
6.2. Application Revenue and Trend Research
6.3. Product Segment Analysis
6.3.1. Introduction
6.3.2. Public Blockchain
6.3.3. Private Blockchain
6.3.4. Consortium Blockchain
6.3.5. Hybrid Blockchain

7. Blockchain Market In Supply Chain – By Product (Market Size -$Million / $Billion)
7.1. Introduction
7.2. Origin
7.3. Compounds
7.4. Information about Suppliers and Producers
7.5. Facts about Consumption and/or Product storage

8. Blockchain Market In Supply Chain – By Application (Market Size -$Million / $Billion)
8.1. Introduction
8.2. Contract Management
8.3. Payment Systems
8.4. Provenance
8.5. Procurement
8.5.1. Streamlined Business
8.5.2. Improved Transparency
8.6. Ownership Transfer
8.7. Asset Tracking and Inventory Control

9. Blockchain Market In Supply Chain – By End Use Industry(Market Size -$Million / $Billion)
9.1. Segment type Size and Market Share Analysis
9.2. Application Revenue and Trends by type of Application
9.3. Application Segment Analysis by Type
9.3.1. Marketing and Advertising
9.3.2. Drugs and Healthcare
9.3.3. Energy and Utilities
9.3.4. Commerce and Retail
9.3.5. Logistics
9.3.6. Environmental Services
9.3.7. Others

10. Blockchain Market In Supply Chain - By Geography (Market Size -$Million / $Billion)
10.1. Blockchain Market In Supply Chain- North America Segment Research
10.2. North America Market Research (Million / $Billion)
10.2.1. Segment type Size and Market Size Analysis
10.2.2. Revenue and Trends
10.2.3. Application Revenue and Trends by type of Application
10.2.4. Company Revenue and Product Analysis
10.2.5. North America Product type and Application Market Size
10.2.5.1. U.S.
10.2.5.2. Canada
10.2.5.3. Mexico
10.2.5.4. Rest of North America
10.3. Blockchain Market In Supply Chain - South America Segment Research
10.4. South America Market Research (Market Size -$Million / $Billion)
10.4.1. Segment type Size and Market Size Analysis
10.4.2. Revenue and Trends
10.4.3. Application Revenue and Trends by type of Application
10.4.4. Company Revenue and Product Analysis
10.4.5. South America Product type and Application Market Size
10.4.5.1. Brazil
10.4.5.2. Venezuela
10.4.5.3. Argentina
10.4.5.4. Ecuador
10.4.5.5. Peru
10.4.5.6. Colombia
10.4.5.7. Costa Rica
10.4.5.8. Rest of South America
10.5. Blockchain Market In Supply Chain - Europe Segment Research
10.6. Europe Market Research (Market Size -$Million / $Billion)
10.6.1. Segment type Size and Market Size Analysis
10.6.2. Revenue and Trends
10.6.3. Application Revenue and Trends by type of Application
10.6.4. Company Revenue and Product Analysis
10.6.5. Europe Segment Product type and Application Market Size
10.6.5.1. U.K
10.6.5.2. Germany
10.6.5.3. Italy
10.6.5.4. France
10.6.5.5. Netherlands
10.6.5.6. Belgium
10.6.5.7. Spain
10.6.5.8. Denmark
10.6.5.9. Rest of Europe
10.7. Blockchain Market In Supply Chain – APAC Segment Research
10.8. APAC Market Research (Market Size -$Million / $Billion)
10.8.1. Segment type Size and Market Size Analysis
10.8.2. Revenue and Trends
10.8.3. Application Revenue and Trends by type of Application
10.8.4. Company Revenue and Product Analysis
10.8.5. APAC Segment – Product type and Application Market Size
10.8.5.1. China
10.8.5.2. Australia
10.8.5.3. Japan
10.8.5.4. South Korea
10.8.5.5. India
10.8.5.6. Taiwan
10.8.5.7. Malaysia

11. Blockchain Market In Supply Chain Market - Entropy
11.1. New product launches
11.2. M&A's, collaborations, JVs and partnerships

12. Blockchain Market In Supply Chain Company Analysis
12.1. Market Share, Company Revenue, Products, M&A, Developments

12.11. Company 10 and More

13. Blockchain Market In Supply Chain - Appendix
13.1. Abbreviations
13.2. Sources

14. Blockchain Market In Supply Chain - Methodology
14.1. Research Methodology
14.1.1. Company Expert Interviews
14.1.2. Industry Databases
14.1.3. Associations
14.1.4. Company News
14.1.5. Company Annual Reports
14.1.6. Application Trends
14.1.7. New Products and Product database
14.1.8. Company Transcripts
14.1.9. R&D Trends
14.1.10. Key Opinion Leaders Interviews
14.1.11. Supply and Demand Trends
Note: Product cover images may vary from those shown

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