Blockchain Technology Market in Transportation and Logistics Industry Market Size Increases by USD 2,230.89 Million: 37% Growth Comes from North America

NEW YORK, 13 December 2022 /PRNewswire/ — The the blockchain technology market in the transport and logistics industry the report is published by Technavio. The market growth is estimated to accelerate at a CAGR of 39.78% and register an incremental growth of USD 2,230.89 million in the forecast period. The report provides a comprehensive analysis of growth opportunities at the regional level, new product launches, the latest trends and the post-pandemic recovery of the global market. Download a PDF sample report

Regional analysis

By region, the global blockchain technology market in the transportation and logistics industry is segmented into North AmericaAPAC, Europe, South Americaand Middle East and Africa. North America is estimated to contribute 37% to the growth of the global market during the forecast period. The increase in the production of new drugs among local and large suppliers is expected to result in new suppliers entering the market, which in turn will benefit logistics service providers during the forecast period.

Company Profiles

The Blockchain Technology Market in Transportation and Logistics Industry report includes information on the key products and recent developments of leading vendors, including:

• Accenture Plc: The company provides blockchain technology in the transportation and logistics industry such as the tracking and tracing of pharmaceutical products from manufacturing to patients.

• Amazon.com Inc.: The company offers blockchain technology in the transport and logistics industry such as Track and Trace on AWS with Amazon Managed Blockchain.

• Cargo ledger: The company offers blockchain technology in the transport and logistics industry, such as digital transformation of the supply chain and logistics through blockchain.

• Deloitte Touche Tohmatsu Ltd.: The company offers blockchain technology in the transportation and logistics industry, such as using blockchain to drive supply chain transparency.

• HCL Technologies Ltd.: The company offers blockchain technology in the transport and logistics industry such as track and trace, provenance, smart contract management, compliance management and fraud detection using blockchain.

• Infosys Ltd.

• International Business Machines Corp.

• Koopman Logistics Group BV

• Microsoft Corp.

• modum.io AG

• OpenLedger

• Oracle Corp.

• PixelPlex

• To access additional vendor profiles available with Technavio, buy the report!

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Market dynamics

The market is driven by factors such as the growing use of blockchain technology for trucking, the booming e-commerce industry, and an increasing number of cargo thefts. However, the high cost of implementing and maintaining blockchain technology is hindering the market growth.

Competitive analysis

The competition scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies in recent years, growth strategies, product innovations, new product launches, investments and market share growth. Ask for a sample

Market segmentation

• For transport, the market is segmented into land, sea and others. The country segment accounted for the largest share of the market in the forecast period.

• By geography, the market is segmented into North AmericaAPAC, Europe, South Americaand Middle East and Africa. North America will account for 37% of the market’s growth in the forecast period

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What are the key data covered in this blockchain technology market in transportation and logistics industry report?

• CAGR of the market during the forecast period

• Detailed information on factors that will drive the growth of the blockchain technology market in the transportation and logistics industry between 2023 and 2027

• Accurate estimation of the blockchain technology market size in the transportation and logistics industry size and its contribution to the market focusing on the parent market

• Accurate predictions of upcoming trends and changes in consumer behavior

• Growth of the blockchain technology market in the transportation and logistics industry across APAC, North America, Europe, Middle East and Africaand South America

• A thorough analysis of the market’s competitive landscape and detailed information on suppliers

• Comprehensive analysis of factors that will challenge the growth of the blockchain technology market in the transportation and logistics industry suppliers

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Table of Contents:

1 Summary

2 Market landscape

3 Market size

4 Historical market size

5 Analysis of five forces

6 Market segmentation by mode of transport

7 Market segmentation by end user

8 Customer landscape

9 Geographical landscape

10 drivers, challenges and trends

11 Supplier landscape

12 Supplier analysis

13 Appendix

About us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, comprehensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
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SOURCE Technavio