Block chain in production market size, competitive landscape, business opportunities and forecast 2022-2027 – Designer women

The latest report published by IMARC Group, entitled “Blockchain in the production market: Global industrial trends, share, size, growth, opportunities and forecast 2022-2027”, Offers a comprehensive analysis of the industry, which includes insight into blockchain in the manufacturing industry share. The report also includes competitor and regional analysis, and modern advances in the global market. The global blockchain in the manufacturing market reached a value of USD 717.6 million in 2021. Looking ahead, IMARC Group expects market to reach a value of USD 17,047.8 million by 2027, with a CAGR of 66.40% during 2022-2027.

Blockchain represents a decentralized and unchanging digital ledger used to record transactions, track assets and establish trust between two or more business units. It generates a solid overview of end-to-end encryption transactions that prevent fraud and unauthorized activity. In addition to this, blockchain can handle privacy concerns more efficiently compared to traditional computer systems by anonymizing data. It is currently finding comprehensive applications across the manufacturing sector to increase visibility in the supply chain, streamline operations, track assets with unparalleled precision, etc.

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As the new coronavirus (covid-19) the crisis is taking over the world, we are continuously tracking the changes in the markets, as well as the buying behavior of consumers globally, and our estimates of the latest market trends and forecasts are made after assessing the impact of this pandemic.

Market trends:

The introduction of industry 4.0 trends primarily drives the blockchain in the manufacturing market. In addition to this, the increasing use of blockchain solutions in production processes to reduce lead times, lower production costs, enable transparent operations, etc., further catalyzes market growth. In addition, various vendors integrate Internet of Things (IoT) sensors with blockchain to create a tamper-proof overview of cargo conditions on cargo containers, which acts as another significant growth factor. Apart from this, the growing demand for this technology to store and analyze equipment and product data is positively affecting the global market. Furthermore, the leading manufacturers are investing heavily in this decentralized technology to produce smart home solutions, such as smart meters. This in turn is expected to provide fuel to the blockchain in the production market during that forecast period.

Explore the entire table of contents:

Competitive landscape with key players:

The report has also analyzed the competitive landscape in the market with some of the key players.

• Accenture plc
• Advanced Micro Devices Inc.
• Amazon Web Services Inc. (Amazon.com Inc.)
• Infosys Limited
• Intel Corporation
• International Business Machines Corporation
• Microsoft Corporation
• Oracle Corporation
• SAP SE
• Wipro Limited

Blockchain in production market segmentation:

Our report has categorized the market based on region, supplier, application and end user.

Breakdown by supplier:

• Intermediate suppliers
• Providers of infrastructure and protocols
• Application and solution providers

Breakdown by application:

• Logistics and Supply Chain Management
• Handling of counterfeits
• Quality control and compliance
• Second

Breakdown by end user:

• Automotive
• Aviation and defense
• Pharmaceutical
• Electronics and semiconductors
• Second

Breakdown by region:

• North America (USA, Canada)
• Europe (Germany, France, UK, Italy, Spain, others)
• Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
• Latin America (Brazil, Mexico, others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)

Important highlights in the report:

• Market results (2016–2021)
• Market outlook (2022–2027)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Comprehensive mapping of the competitive landscape

Note: We update our reports, If you want the latest primary and secondary data (2022-2027) with cost module, business strategy, competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via e-mail within 24 to 48 hours after payment confirmation.

About us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We work with clients in all sectors and regions to identify their most valuable opportunities, meet their most critical challenges and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analyzes for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and new processing methods are at the top of the company’s expertise.

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