Blockchain in Transportation and Logistics Market Expanding Massively by 2019-2027 Profiling Leading Players– Accenture, Amazon Web Services, IBM, Microsoft, Oracle, PROVENANCE, SAP SE, ShipChain
Blockchain technology helps the transportation and logistics industry to record transactions, tracks assets, as well as creates an efficient and transparent system to manage all documents involved in the process. Blockchain technology is a distributed ledger, which digitally records transaction history between the parties involved. Since the information stored in a blockchain is unchangeable, it cannot be altered by any third party. Thus, making the technology more secure in comparison to any existing solution.
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The extensive adoption of blockchain technology highly propels the blockchain in the transportation and logistics market for trucking as well as the growth of quantum computing. Furthermore, the immersive growth of the e-commerce sector in developing economies is driving the logistics market, which in turn bolsters the growth of blockchain in the transportation and logistics market. The advantages of blockchain technology, such as increasing transparency, reducing fraud, and offering secure record-keeping, is influencing its adoption positively. Thus driving the demand for blockchain in the transportation and logistics market.
Leading Key Players in Blockchain in Transportation and Logistics Market: Accenture, Amazon Web Services Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, PROVENANCE, SAP SE, ShipChain, Tata Consultancy Service, TradeLens.
For the effective business outlook, the market study also examines various global regions, such as North America, Latin America, Asia-Pacific, Japan, and India by considering different segments such as type, size, as well as applications. SWOT and Porter’s Five analysis are also effectively discussed to analyze informative data such as cost, prices, revenue, and end-users.
This research report has been evaluated on the basis of various attributes such as manufacturing base, products or services and raw material to understand the requirements of the businesses. Apart from the regional outlook, the report also draws attention to leading industry key players to understand the successful sales strategies of the businesses. Additionally, it also covers various factors which are demonstrated as significant market propellers. For better understanding of the fluctuating trends in businesses, analysts also focus on various attributes, that limit market growth.
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The Blockchain in Transportation and Logistics market size is derived primarily form the supply side (i.e. the market players operating in global Blockchain in Transportation and Logistics market) and therefore, revenue of all the prominent leading companies operating across the value chain are taken into consideration across regional, global and country level. Historical and current market information is collected from technical literature, paid databases, magazines, press releases, trade unions, company presentations, annual reports, and other information available in public domain. Additionally, the research team also refers various paid data sources such as Factiva, Hoovers, Bloomberg, and numerous other sources were also referred to derive company’s annual revenue, and other segment related financial information.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Blockchain in Transportation and Logistics Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Blockchain in Transportation and Logistics Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Company: The Insight Partners
Contact: Sameer Joshi
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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