Global Blockchain in Logistics Market to Reach USD 500 million by 2024 | By Market Players Maersk, Microsoft, Alibaba, Amazon, Wal-Mart, Lynx (Alibaba), ShipChai

New York, USA, Oct 2019 (OpenPR) - Blockchain explores more and more industries every day. Due to the popularity of Bitcoin, this technology has already demonstrated countless opportunities for the financial area. Entrepreneurs from many other industries are trying to use the blockchain technology in other areas, and the window of opportunities looks impressive.

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Moreover, growing industrialization and trade in developing economies is the major factor that likely to create lucrative opportunities in the near future. Blockchain in Logistics are more durable but ensure that they are kept in a clean environment is another factor that aiding the growth of the market during the forecast period. However, the high initial investment is one of the major factors that limiting the market growth of Blockchain in Logistics during the forecast period.

Major Market Players:
Maersk
Microsoft
Alibaba
Amazon
Wal-Mart
Lynx (Alibaba)
ShipChai

Market Segmentation:
Segmentation By Product Type:
Public Blockchain
Private Blockchain

Segmentation By Application:
Marketing and Advertising
Healthcare
Others

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Scope of Blockchain in Logistics Market by Regions :
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.

The regional analysis of Global Blockchain in Logistics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. North-America has accounted for the dominant share in the global Blockchain in Logistics market due to high investments by construction companies.
Additionally, Asia Pacific is also expected to register a considerable growth rate in the market over the forecasted period 2019-2024. China, Japan, South Korea, and India are the leading countries in this region. The market growth is due to an increase in demand by the economies to develop smart city projects which require better amenities that boost the real estate sector.

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Research objectives
• To study and analyze the global Blockchain in Logistics market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Blockchain in Logistics market by identifying its various subsegments.
• Focuses on the key global Blockchain in Logistics players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Blockchain in Logistics with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of Blockchain in Logistics submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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