The global blockchain technology market is expected to grow by USD 2230.89 million during 2023-2027, accelerating at a CAGR of 39.78% during the forecast period
Global Blockchain Technology Market in the Transportation and Logistics Industry 2023-2027 The analyst has monitored the blockchain technology market in the Transportation and Logistics Industry and it is poised to grow by $2230.
New York, Dec. 13, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Global Blockchain Technology Market in Transportation and Logistics Industry 2023-2027” report –
89 minutes during 2023-2027, accelerating at a CAGR of 39.78% during the forecast period. Our report on the blockchain technology market in the transportation and logistics industry provides a comprehensive analysis, market size and forecast, trends, growth drivers and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing use of blockchain technology for trucking, the booming e-commerce industry and the increasing number of cargo thefts.
The blockchain technology market in the transportation and logistics industry is segmented as below:
By mode of transport
• Country
• Sea
• Second
By end user
• SMEs
• Large companies
By Geographical Landscape
• North America
• Europe
• APAC
• South America
• The Middle East and Africa
This study identifies the use of baas as one of the main reasons for the growth of the blockchain technology market in the transport and logistics industry over the next few years. Also, an increase in strategic alliances and increasing demand for green logistics will lead to significant demand in the market.
The analyst presents a detailed picture of the market by studying, synthesizing and summarizing data from several sources by analyzing key parameters. Our report on the blockchain technology market in the transport and logistics industry covers the following areas:
• Dimensioning of blockchain technology
• Blockchain technology market forecast
• Blockchain technology market analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading market vendors of blockchain technology in the transportation and logistics industry, which include Accenture Plc, Amazon.com Inc., Amcon Soft, Arateg, Capgemini Service SAS, Cargoledger, Deloitte Touche Tohmatsu Ltd., HCL Technologies Ltd., Infosys Ltd., International Business Machines Corp., Koopman Logistics Group BV, Microsoft Corp., modum.io AG, OpenLedger, Oracle Corp. , PixelPlex, SAP SE, Slync Inc., Sweetbridge Ltd., Tencent Holdings Ltd. and Wipro Ltd. The Blockchain Technology Market within the Transportation and Logistics Industry analysis report also includes information on upcoming trends and challenges that will impact market growth. This is to help companies strategize and exploit all future growth opportunities.
The study was conducted using an objective combination of primary and secondary information including input from key industry participants. The report contains a comprehensive market and supplier landscape in addition to an analysis of the key suppliers.
The analyst presents a detailed picture of the market by studying, synthesizing and summarizing data from multiple sources by analyzing key parameters such as profits, prices, competition and promotions. It presents various market facets by identifying key industry influencers. The data presented is comprehensive, reliable and the result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and in-depth vendor selection methodology and analysis using qualitative and quantitative research to accurately predict market growth.
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