Blockchain for Supply Chain Market Competitive Research And Precise Outlook 2023 To 2030

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Contrive Datum InsightsGlobal Research And
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Blockchain for Supply Chain Market
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Services O?ered

• Market Intelligence Market Opportunity
  Assessment
• Market Size Segmentation
• Market Entry Strategy
• Competitor Benchmarking
• Pricing Intelligence
• Customer Intelligence
• Sourcing Intelligence
• New-Generation Products Technologies
• Distribution Sales Channel Assessment

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Clientele
Some of the global leading clients that we have
served
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Clientele
Some of the global leading clients that we have
served
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Market Overview
There will be a 569.05 million market for
Blockchain in the supply chain by 2022. From 2023
to 2030, its value is projected to increase at a
CAGR of 52.3, reaching USD 16.47 billion.The
blockchain is a distributed ledger of all the
verified records of transactions that have ever
taken place in the digital world. It ensures that
no central point of contact is required by
keeping all supply chain transactions and data in
sync. Supply chain management is a cost-effective
strategy for organizing the acquisition of
materials and the distribution of finished items.
To cut costs, know where things come from, and
increase confidence, the supply chain is
implementing blockchain technology. The public
has witnessed the Blockchain Supply Chain Market
evolve in cutting-edge ways, providing users with
seamless access to all of the market's offerings.
Components, Applications, and Industries are all
subdivided in the Blockchain Supply Chain
Market.Market Insights 2019 worldwide and
Chinese Scenario for Blockchain in the Supply
Chain Industry is a comprehensive and in-depth
analysis of the current condition of the
worldwide Blockchain for Supply Chain industry.
This study provides useful information for
businesses and individuals interested in the
Supply Chain sector by detailing the current
state of the Blockchain for Supply Chain
manufacturing market. All things considered, the
analysis provides a comprehensive look at the
international and Chinese Blockchain for Supply
Chain markets from 2014 to 2024.The increasing
popularity of e-commerce, the requirement for
safer supply chain transactions, and the desire
for increased

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By Region
North America is widely regarded as the world's
technological leader. What matters most is the
overall behavior of the major participants in the
blockchain technology solutions industry in this
part of the world. Vendors can find crucial
expansion prospects in businesses across a wide
range of industrial segments, including
manufacturing, healthcare, retail, consumer
goods, and logistics.Due to the presence of
significant market players and ongoing
innovations in blockchain technology, North
America dominated the worldwide market, and this
trend is expected to continue aggressively
throughout the blockchain in the retail market
projection period. The increasing concern about
data security among retailers is projected to be
the primary factor driving market expansion in
this area in the coming years.The federal
Accountability Office reports that daily breaches
at U.S. federal agencies including the Army and
the Internal Revenue Service average over
seventy. Local businesses invest millions of
dollars annually in data security measures like
installing robust firewalls and staffing up with
top-tier ethical hackers. Point-to-point
encryption, which safeguards card data during
transmission, is expected to be used by 80 of
shops by the end of 2019, according to a survey
by the NRF (National Retail Federation, USA). And
of them, 89 will have employed tokenization to
protect their systems and data. In 2019, phishing
was responsible for 38 of data protection events
at U.S. businesses, as reported by BakerHostetler.
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The Global Blockchain for Supply Chain Market has
been segmented into

• By Industrial Verticals
• Retail and Consumer Goods
• Healthcare and Life Sciences 
• Manufacturing 
• Oil and Gas 
• Logistics 
• Others

By Component Platform  Services  - Tech Advisory
and Consulting  - Deployment and Integration-
Support and Maintenance              

• By Application
• Detection of fakes 
• Payment and settlement 
• Product traceability 
• Risk and compliance management 
• Others

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The Global Blockchain for Supply Chain Market has
been segmented into

• By Region
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe

• By Region
• North America
• US
• Canada
• Mexico
• Rest of North America
• The Middle East Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

• By Region
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific

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Recent Developments
Volkswagen Group and IBM Corporation collaborated
in April 2019 to use blockchain technology to
monitor mineral supply chains. Because of this
collaboration, Volkswagen was able to achieve the
purchasing goals it had established with the
Organization for Economic Co-operation and
Development (OECD). (OECD).MIMOS and Oracle
collaborated in June 2019 to employ blockchain
technology to increase transparency and trust.For
the purpose of creating blockchain-based
e-commerce solutions for B2B buyers and sellers,
UPS made an undisclosed stock investment in
Inception Corporation in January 2019.To
facilitate trust in business networks and
expedite and adaptability in company
transactions, Oracle released Oracle Blockchain
Applications Cloud in October 2018.In September
of 2018, NITI Aayog and Oracle signed a Statement
of Intent (SoI) to pilot a blockchain distributed
ledger and Internet of Thingspowered medication
supply chain. This action was taken to aid India
in combating the rising prevalence of counterfeit
medications.
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Market Players

• IBM (US)
• Microsoft (US)
• SAP (Germany)
• AWS (US)
• Oracle (US)
• Huawei (China)
• Guardtime (Estonia)
• TIBCO Software (US)
• Bitfury (The Netherlands)
• Interbit (Canada)
• Auxesis Group (India)
• VeChain (China)
• Chainvine (UK)
• Digital Treasury Corporation (China)
• Datex Corporation (US)
• OpenXcell (US)

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