Blockchain in Transportation and Logistics Market Astonishing Growth in 2020 with top key players Accenture, Amazon Web Services Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation
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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Accenture, Amazon Web Services Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, PROVENANCE, SAP SE, ShipChain, Tata Consultancy Service, TradeLens
Scope of the report:
This research evaluates micro-markets and takes a closer look at the different growth trends, future prospects and regulations that will regulate the industry in the coming years. Researchers have also included a few top performers in the sector to calculate their industry shares and core competencies. The research explains technological developments in the sector along with upcoming areas of the industry that might potentially attract massive investments.
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2020-2027? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Blockchain in Transportation and Logistics Market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Blockchain in Transportation and Logistics Market?
4. What are the prominent market trends influencing the development of the Blockchain in Transportation and Logistics Market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Blockchain in Transportation and Logistics Market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
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Analysis tools such as SWOT analysis and Porter's five force model have been inculcated in order to present a perfect in-depth knowledge about Blockchain in Transportation and Logistics Market. Ample graphs, tables, charts are added to help have an accurate understanding of this market. The Blockchain in Transportation and Logistics Market is also been analyzed in terms of value chain analysis and regulatory analysis.
Microeconomic and macroeconomic factors which affect the Blockchain in Transportation and Logistics Market and its growth, both positive and negative, are also studied. The report features the impact of these factors on the ongoing market throughout the mentioned forecast period. The upcoming changing trends, factors driving as well as restricting the growth of the market are mentioned.
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