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Blockchain in Manufacturing Market Scenario Highlighting Key Drivers & Latest Trends 2022 - 2030 | Key Players - AWS, Factom, Filament, IBM Corporation, Intel Corporation

02-17-2023 01:11 PM CET | IT, New Media & Software

Press release from: Absolute Markets Insights

Blockchain in Manufacturing Market Scenario Highlighting Key

The Global Blockchain in Manufacturing Market size is expected to grow from USD 0.8 billion in 2020 to USD 30.0 billion by 2030, at a CAGR of 72.8% during the forecast period. Blockchain technology has gained significant attention in recent years due to its potential to revolutionize various industries. One such industry is manufacturing, where blockchain can help streamline the supply chain process and improve transparency, security, and efficiency. The blockchain in manufacturing market is expected to grow rapidly in the coming years, with many manufacturers adopting blockchain technology to improve their operations.

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The primary driver of the blockchain in manufacturing market is the need for transparency and security in the supply chain. Blockchain technology provides a transparent and secure way to track products from their origin to their destination, allowing manufacturers to ensure the quality and safety of their products. This is especially important in industries like food and pharmaceuticals, where product safety is crucial. Another driver of this market is the need for supply chain efficiency. Blockchain technology can help streamline the supply chain process by reducing paperwork, improving communication, and eliminating intermediaries. This can lead to cost savings, faster delivery times, and better customer satisfaction.

Despite the potential benefits, there are some restraints that are hindering the growth of the blockchain in manufacturing market. One of the major challenges faced by manufacturers is the high cost of implementing blockchain technology. The initial investment in hardware, software, and training can be substantial, making it difficult for some manufacturers to adopt blockchain technology. Another restraint is the lack of industry standards and regulations. As blockchain technology is still in its early stages, there is a lack of consensus on how it should be used and regulated. This can create uncertainty and confusion, making it challenging for manufacturers to implement blockchain technology.

Speak to our analyst in case of queries before buying this report: https://www.absolutemarketsinsights.com/ask_for_discount.php?id=894

Key Players Influencing the Blockchain in Manufacturing Market:

AWS, Baker Tilly US LLP, Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, Factom, Filament, IBM Corporation, Intel Corporation, KPMG International, LeewayHertz, Oracle Corporation, PwC, Sofocle, SyncFab, Wipro Limited amongst other market participants

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Our 420+ Pages Report titled, Blockchain in Manufacturing Market will include extensive information on the following pointers:

Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Blockchain in Manufacturing Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.

Purchase the latest in-depth Global Blockchain in Manufacturing Market Report @ https://www.absolutemarketsinsights.com/checkout?id=894

Global Blockchain in Manufacturing Market:

By Offering
Solutions
Services

By Application
Logistics & Supply Chain Management
Asset Tracking
Business Process Optimization
Counterfeit Detection
Quality Control & Regulatory Compliance
Identity Management
Others

By Industry
Healthcare & Pharmaceuticals
Aerospace and Defence
Energy and Power
Oil & Gas
Automotive
Food & Beverage
Others

By Region
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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We appreciate your reading the article in its entirety. If you would like to know more about the Blockchain in Manufacturing market, looking for customization, contact us. To achieve a full market reach of Blockchain in Manufacturing, or explore more about opportunities reach our research analyst. Our team is available 24/7 to assist and support our customers through reliable research.

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Contact Us:
Contact Name: Shreyas Tanna
Company: Absolute Markets Insights
Email Id: sales@absolutemarketsinsights.com
Phone: IN +91-7400-24-24-24, US +1-510-420-1213
Website: www.absolutemarketsinsights.com

About Us:
Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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