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(2023-2032) Blockchain in Manufacturing Global Market Trends And Forecast Report | By Types, Applications, Regions And Players Include Advanced Micro Devices Inc., Amazon Web Services Inc., Blockchain Foundry Inc., CargoX, Chronicled, Xayn AG
Blockchain In Manufacturing Global Market
Blockchain In Manufacturing Market Size, Growth Rate, And Forecast
The global blockchain in manufacturing market size grew from $0.08 billion in 2022 to $0.14 billion in 2023 at a compound annual growth rate (CAGR) of 73.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The blockchain in manufacturing market size is expected to grow to $1.37 billion in 2027 at a CAGR of 74.3%.
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Blockchain In Manufacturing Market Drivers
Increased demand for the blockchain from end-use industries across the globe is driving the growth of the blockchain market. In the industrial sector, blockchain can enable an altogether new manufacturing business model by increasing visibility across all elements of the process, from suppliers, strategic sourcing, procurement, and supplier quality through shop floor operations, which include machine-level monitoring and servicing.
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Blockchain In Manufacturing Market Segments
• By Applications: Logistics and Supply Chain Management, Counterfeit Management, Quality Control and Compliance, Other Applications
• By Component: Platform, Services
• By End-Use: Energy And Power, Industrial, Automotive, Pharmaceuticals, Aerospace And Defense, Food And Beverages, Textile And Clothing, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Blockchain In Manufacturing market.
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Blockchain In Manufacturing Market Key Players
Major competitors in the Blockchain In Manufacturing market include Advanced Micro Devices Inc., Amazon Web Services Inc., Blockchain Foundry Inc., CargoX, Chronicled, Xayn AG, Factom Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Nvidia Corporation
The Business Research Company's "Global Blockchain In Manufacturing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Blockchain In Manufacturing Market Include:
1. Executive Summary
2. Blockchain In Manufacturing Market Characteristics
3. Blockchain In Manufacturing Market Trends And Strategies
4. Blockchain In Manufacturing Market - Macro Economic Scenario
5. Blockchain In Manufacturing Market Size And Growth
……….
27. Blockchain In Manufacturing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Blockchain In Manufacturing Market
29. Blockchain In Manufacturing Market Future Outlook and Potential Analysis
30. Appendix
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