Press release
Blockchain in Logistics Market Next Big Thing | Major Giants- Microsoft, COSCO, Amazon, Walmart
Blockchain in Logistics Market
Major Players in This Report Include:
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)
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Blockchain in logistics refers to the application of blockchain technology within the supply chain and transportation industry to enhance transparency, security, and efficiency in managing and tracking the movement of goods. Utilizing a decentralized and immutable ledger, blockchain enables the creation of a transparent and tamper-proof record of transactions, documenting the entire journey of products from their origin to the end consumer. This technology allows for real-time tracking of shipments, verification of authenticity, and validation of each step in the logistical process. Smart contracts embedded within blockchain can automate and enforce agreements between parties, such as payment terms or delivery conditions, streamlining operations and reducing disputes. By leveraging blockchain, logistics companies aim to optimize inventory management, reduce fraud, enhance traceability, and create a more trustworthy and efficient supply chain ecosystem.
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.
Market Trend:
• Increase in Investment in Research & Development
• Rising Number of New Market Entrants
Opportunities:
• Growing Demand for Low-Cost Services in Logistics Industry
• Increasing Awareness Related Faster Transaction an Eliminating Efficiency
Challenges:
• Lack of Acceptance of Blockchain Among Logistics Industry
• High Complexity
• Rising Concern Related Data Security
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In this research study, the prime factors that are impelling the growth of the Global Blockchain in Logistics market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Blockchain in Logistics market study is being classified by Application (E-Commerce, Healthcare, Others), Sales Channels (Direct, Sales Distributors), Services (Inventory Tracking, Authenticity Verification, Enhancing Transparency, Others), Logistic (Ship Chain, Provenance, Walton Chain)
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Blockchain in Logistics market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Extracts from Table of Contents
Blockchain in Logistics Market Research Report
Chapter 1 Blockchain in Logistics Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued
This report also analyzes the regulatory framework of the Global Markets Blockchain in Logistics Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analysed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.
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Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
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New Jersey USA - 08837
Phone: (+1 201 565 3262, +44 161 818 8166)
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About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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