Blockchain Supply Chain Market to Record Streturdy Growth by 2021-2031 | Microsoft, SAP, Amazon Web Services, IBM, Huawei, Guardtime

New York, According to a new market research report published by Global Insight Services Blockchain Supply Chain Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

A blockchain supply chain is a digital, decentralized ledger that tracks the movement of goods and assets throughout the supply chain. By tracking the movement of goods and assets on a blockchain, businesses can gain greater visibility into their supply chains and improve the efficiency of their operations.

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Key Trends

There are a few key trends in blockchain supply chain technology.

First, there is a trend toward using blockchain to track the provenance of goods. This means using blockchain to track where goods come from, who handled them, and when they were handled.

Another trend is using blockchain to create digital twins of physical goods. This means creating a digital representation of a physical item on the blockchain.

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Key Drivers

The key drivers of the Blockchain Supply Chain market are the increased efficiency and transparency in the supply chain, the need for tamper-proof data.

The use of blockchain in the supply chain can help reduce the time it takes to track shipments, as well as the costs associated with tracking them. .

Blockchain can also help improve the transparency of the supply chain. For example, if a product is recalled, blockchain can help track the source of the problem and ensure that only the affected products are removed from the shelves.

Market Segments

The blockchain supply chain market is segmented by component, application, end-use, and region. By component, the market is divided into platform, and services. On the basis of application, it is bifurcated into asset tracking, smart contracts, counterfeit detection, and others. Based on end-use, the market is divided into FMCG, healthcare, manufacturing, retail, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Key Players

The global blockchain supply chain market includes players such as Microsoft, SAP, Amazon Web Services, IBM, Huawei, Guardtime, VeChain, Interbit, TIBCO Software, Digital Treasury Corporation, and others.

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Reasons to buy Blockchain Supply Chain Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

This release was published on openPR.