Blockchain Supply Chain Market Key Trends 2022, Revenue to $9,852.91 Million by 2025
Blockchain Supply Chain Market
The report offers a detailed analysis of top investment pockets, top winning strategies, drivers and opportunities, market size and and changing market trends.
PORTLAND, PORTLAND, OR, USA, July 26, 2022 /EINPresswire.com/ — The rapid proliferation of the e-commerce industry is expected to create more opportunities in the market. The global blockchain supply chain market was valued at USD 93.16 million in 2017 and is expected to reach USD 9.85 billion by 2025, growing at a CAGR of 80.2% from 2018 to 2025.
Increased demand for supply chain transparency and growing need for improved security for supply chain transactions is driving the growth of the global blockchain supply chain market.
Based on geography, the North America region held the largest share in 2017, accounting for nearly three-fifths of the total market. The Asia-Pacific region, on the other hand, is expected to grow at the fastest CAGR of 90.4% during the period.
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Key market players such as – BTL Group, Huawei Accenture Plc., Oracle Corporation, Auxesis Group, SAP SE, Microsoft Corporation, TIBCO Software, IBM Corporation and AWS Inc.
Based on component, the platform segment accounted for more than four-fifths of the total market share in 2017 and is predicted to maintain its leadership status by 2025. At the same time, the services segment will register the fastest CAGR of 87.6% during the estimated period.
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Based on industry vertical, the retail segment contributed to nearly a quarter of the total market revenue in 2017 and is expected to maintain its dominance over the period 2018-2025. At the same time, the healthcare sector is expected to showcase the fastest CAGR of 83.2% by 2025.
The report provides a detailed analysis of key market players operating in the global XXX market. They adopted a number of strategies such as new product launches, collaborations, business expansion, partnerships, mergers and acquisitions, joint ventures and more to stay competitive in the market.
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