Blockchain in Logistics Market to Get a New Boost | Maersk, Microsoft, COSCO, Amazon

Blockchain in logistics is becoming a major trend in the logistics industry. Blockchain is becoming game changer in this industry. There are many new start-ups are entering in this market provide an advance blockchain-based platform in logistics. The blockchain supply chain market will reach around USD 3.6 billion in FY 2023. There are various companies that are highly investing in blockchain technology. For instance, recently Domino’s Pizza revealed that they are implementing blockchain technology in Singapore and Malaysia.

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The Blockchain in Logistics Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

Major Players are:

Maersk (Denmark), Microsoft (United States), COSCO (China), Amazon (United States), Walmart (United States), Shipchain (United States), EXL Service (United States), DHL (Germany), SAP (Germany), EnHelix (United States),

NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

The titled segments and sub-section of the market are illuminated below:
Application (E-Commerce, Healthcare, Others), Sales Channels (Direct, Sales Distributors), Services (Inventory Tracking, Authenticity Verification, Enhancing Transparency, Others), Logistic (Ship Chain, Provenance, Walton Chain)

Market Trends:
Increase in Investment in Research & Development
Rising Number of New Market Entrants

Market Drivers:
Development in the logistics industry, today logistics industry became a multi-trillion US dollar industry and becoming the backbone of every trade around the globe. As the logistics industry is facing many challenges at their different stages in their supply chain. Increasing issues such as multiple geographical locations handling, this drives the advance technology in the logistics industry.

Challenges:
Lack of Acceptance of Blockchain Among Logistics Industry
High Complexity
Rising Concern Related Data Security

Opportunities:
Growing Demand for Low-Cost Services in Logistics Industry
Increasing Awareness Related Faster Transaction an Eliminating Efficiency

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Extract from Table of Content:
Chapter 01 – Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Covid-19 Crisis Analysis on Global Blockchain in Logistics Market
Chapter 05 – Global Blockchain in Logistics Market - Pricing Analysis
Chapter 06 – Global Blockchain in Logistics Market Background
Chapter 07 -- Global Blockchain in Logistics Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in Global Blockchain in Logistics Market
Chapter 09 – Global Blockchain in Logistics Market Structure Analysis
Chapter 10 – Global Blockchain in Logistics Market Competitive Analysis
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology

What are the market factors that are explained in the Blockchain in Logistics Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Questions Answered in the Report:
• How much is the Blockchain in Logistics Market Worth?
• What is the Growth Rate of the Blockchain in Logistics Market?
• Which Segment of the Blockchain in Logistics to Hold the Highest Market Share?
• Which Segment of the Blockchain in Logistics Market to Witness Fastest Growth Rate?
• Which Region to Hold the Biggest Market Share?
• Who are the Key Players of the Blockchain in Logistics Market?

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