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Blockchain in Supply Chain Market by Component (Platform and Services), Application (Payment & Settlement, Inventory Management, Product Traceability, Compliance Management, and Others), End-use (Manufacturing, Retail, Transport & Logistics, Healthcare, Energy & Resources, and Others), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2021–2028


Product Code : RDICT00116159
Survey : Research Dive
Publish On : 20, May, 2022
Category : ICT and Telecom
Report format : PDF
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IBM, Microsoft, SAP SE, Oracle, Huawei, Guardtime, TIBCO Software, Bitfury, Interbit, and AWS.

[Report Description]

According to Research Dive analysis, the global blockchain in supply chain market is estimated to generate a revenue of $14,884.4 million by 2028, increasing from $423.0 million in 2020, at a CAGR of 57.4%.

Impact Analysis of COVID-19 on the Global Blockchain in Supply Chain Market:
During the Covid-19 pandemic, the global market for blockchain in supply chain experienced negative impact. Due to the shutdown of many retail stores and manufacturing units, blockchain is affected significantly. Businesses all across the world are working to improve their competitiveness and market value so that they may plan for the pandemic. On the other side, the COVID-19 outbreak has resulted in a surge in eCommerce demand. In the event of the pandemic, artificial intelligence (AI) and machine learning (ML) are being utilized to drive business innovation strategies, which has fueled SMEs' adoption of blockchain supply chain solutions. Currently, blockchain is being used to manage vaccine maintenance and storage as well as ensuring that the COVID-19 vaccine is supplied accurately.

Blockchain in supply chain Market Analysis:
The market value is primarily driven by the growing demand for supply chain transparency, as well as the growing desire for improved supply chain transaction security. The market value is supported by the benefits afforded by blockchain supply chains, such as cost savings, provenance tracking, customer trust, and the avoidance of cumbersome record-keeping and product monitoring. Furthermore, the growing desire to eliminate middlemen by automating supply chain activities, as well as the introduction of IoT, are expected to boost the blockchain supply chain industry.
However, during the projection period, the market is likely to be hampered by a lack of understanding about blockchain technology and a scarcity of trained labor. Furthermore, the threat of network security and ambiguous regulatory standards are expected to limit industry expansion.
The lucrative expansion of mobile subscribers and smartphone users around the world is causing a substantial section of the population to purchase products using smartphones and other gadgets. Nonetheless, the present long supply chain management system, as well as other flaws in the system, result in losses and a decline in end-user service. The intermediates, such as payment processing partners and shipping suppliers, are regulated by smart contracts using blockchain technology. The blockchain provides a read-only record of data that gives customers with information such as the origin of the products, as well as the components and processing that the product went through before being delivered.
Based on component, the blockchain in supply chain market has been segmented into platform and services.
The platform sub-segment is predicted to have a dominating market share in the global market and register a revenue of $9,443.7 million during the forecast period.
Based on application, the market has been divided into payment & settlement, inventory management, product traceability, compliance management, and other sub-segments.
The product traceability sub-segment is anticipated to have the fastest market growth during the forecast period. It is predicted that the market shall generate a revenue of $3,389.1 million by 2028, growing from $91.7 million in 2020, with a CAGR of 58.4%.
Based on end-use, blockchain in supply chain market is classified into manufacturing, retail, transport & logistics, healthcare, energy & resources, and others.
The retail sub-segment is anticipated to have the fastest market growth during the forecast period. It is predicted that the market shall generate a revenue of $1,868.8 million by 2028, growing from $50.0 million in 2020, with a CAGR of 58.6%.
Based on geographical scope, the market was investigated across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is anticipated to be the fastest growing market during the forecast time period and reach $4,063.4 million by 2028, with a CAGR of 58.2%.
The companies involved in the global blockchain in supply chain market are IBM, Microsoft, SAP SE, Oracle, Huawei, Guardtime, TIBCO Software, Bitfury, Interbit, and AWS.

1.Research Methodology

1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters

1.4.1.Assumptions
1.4.2.Forecast parameters

1.5.Data sources

1.5.1.Primary
1.5.2.Secondary

2.Executive Summary

2.1.360° summary
2.2.By component trends
2.3.By application trends
2.4.By end use trends

3.Market overview

3.1.Market segmentation & definitions
3.2.Key takeaways

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter’s five forces analysis

3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market

3.4.Market dynamics

3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities

3.5.Technology landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Pricing overview

3.8.1.by component
3.8.2.by application
3.8.3.By end use

3.9.Market value chain analysis

3.9.1.Stress point analysis
3.9.2.Raw material analysis
3.9.3.Manufacturing process
3.9.4.Distribution Channel analysis
3.9.5.Operating vendors

3.9.5.1.Raw material suppliers
3.9.5.2.Product manufacturers
3.9.5.3.Product distributors

3.10.Strategic overview

4.Blockchain in supply chain Market, by component

4.1.Platform

4.1.1.Market size and forecast, by region, 2020-2028
4.1.2.Comparative market share analysis, 2020 & 2028

4.2.Services

4.2.1.Market size and forecast, by region, 2020-2028
4.2.2.Comparative market share analysis, 2020 & 2028

5.Blockchain in supply chain Market, by application

5.1.Payment & Settlement

5.1.1.Market size and forecast, by region, 2020-2028
5.1.2.Comparative market share analysis, 2020 & 2028

5.2.Inventory Management

5.2.1.Market size and forecast, by region, 2020-2028
5.2.2.Comparative market share analysis, 2020 & 2028

5.3.Product Traceability

5.3.1.Market size and forecast, by region, 2020-2028
5.3.2.Comparative market share analysis, 2020 & 2028

5.4.Compliance Management

5.4.1.Market size and forecast, by region, 2020-2028
5.4.2.Comparative market share analysis, 2020 & 2028

5.5.Others

5.5.1.Market size and forecast, by region, 2020-2028
5.5.2.Comparative market share analysis, 2020 & 2028

6.Blockchain in supply chain Market, by End use

6.1.Manufacturing

6.1.1.Market size and forecast, by region, 2020-2028
6.1.2.Comparative market share analysis, 2020 & 2028

6.2.Retail

6.2.1.Market size and forecast, by region, 2020-2028
6.2.2.Comparative market share analysis, 2020 & 2028

6.3.Transport & Logistics

6.3.1.Market size and forecast, by region, 2020-2028
6.3.2.Comparative market share analysis, 2020 & 2028

6.4.Healthcare

6.4.1.Market size and forecast, by region, 2020-2028
6.4.2.Comparative market share analysis, 2020 & 2028

6.5.Energy & Resources

6.5.1.Market size and forecast, by region, 2020-2028
6.5.2.Comparative market share analysis, 2020 & 2028

6.6.Others

6.6.1.Market size and forecast, by region, 2020-2028
6.6.2.Comparative market share analysis, 2020 & 2028

7.Blockchain in supply chain Market, by Region

7.1.North America

7.1.1.Market size and forecast, by component, 2020-2028
7.1.2.Market size and forecast, by application, 2020-2028
7.1.3.Market size and forecast, by end use, 2020-2028
7.1.4.Market size and forecast, by country, 2020-2028
7.1.5.Comparative market share analysis, 2020 & 2028

7.1.6.U.S.

7.1.6.1.Market size and forecast, by component, 2020-2028
7.1.6.2.Market size and forecast, by application, 2020-2028
7.1.6.3.Market size and forecast, by end use, 2020-2028
7.1.6.4.Market size and forecast, by country, 2020-2028
7.1.6.5.Comparative market share analysis, 2020 & 2028

7.1.7.Canada

7.1.7.1.Market size and forecast, by component, 2020-2028
7.1.7.2.Market size and forecast, by application, 2020-2028
7.1.7.3.Market size and forecast, by end use, 2020-2028
7.1.7.4.Market size and forecast, by country, 2020-2028
7.1.7.5.Comparative market share analysis, 2020 & 2028

7.1.8.Mexico

7.1.8.1.Market size and forecast, by component, 2020-2028
7.1.8.2.Market size and forecast, by application, 2020-2028
7.1.8.3.Market size and forecast, by end use, 2020-2028
7.1.8.4.Market size and forecast, by country, 2020-2028
7.1.8.5.Comparative market share analysis, 2020 & 2028

7.2.Europe

7.2.1.Market size and forecast, by component, 2020-2028
7.2.2.Market size and forecast, by application, 2020-2028
7.2.3.Market size and forecast, by end use, 2020-2028
7.2.4.Market size and forecast, by country, 2020-2028
7.2.5.Comparative market share analysis, 2020 & 2028

7.2.6.Germany

7.2.6.1.Market size and forecast, by component, 2020-2028
7.2.6.2.Market size and forecast, by application, 2020-2028
7.2.6.3.Market size and forecast, by end use, 2020-2028
7.2.6.4.Market size and forecast, by country, 2020-2028
7.2.6.5.Comparative market share analysis, 2020 & 2028

7.2.7.UK

7.2.7.1.Market size and forecast, by component, 2020-2028
7.2.7.2.Market size and forecast, by application, 2020-2028
7.2.7.3.Market size and forecast, by end use, 2020-2028
7.2.7.4.Market size and forecast, by country, 2020-2028
7.2.7.5.Comparative market share analysis, 2020 & 2028

7.2.8.France

7.2.8.1.Market size and forecast, by component, 2020-2028
7.2.8.2.Market size and forecast, by application, 2020-2028
7.2.8.3.Market size and forecast, by end use, 2020-2028
7.2.8.4.Market size and forecast, by country, 2020-2028
7.2.8.5.Comparative market share analysis, 2020 & 2028

7.2.9.Italy

7.2.9.1.Market size and forecast, by component, 2020-2028
7.2.9.2.Market size and forecast, by application, 2020-2028
7.2.9.3.Market size and forecast, by end use, 2020-2028
7.2.9.4.Market size and forecast, by country, 2020-2028
7.2.9.5.Comparative market share analysis, 2020 & 2028

7.2.10.Spain

7.2.10.1.Market size and forecast, by component, 2020-2028
7.2.10.2.Market size and forecast, by application, 2020-2028
7.2.10.3.Market size and forecast, by end use, 2020-2028
7.2.10.4.Market size and forecast, by country, 2020-2028
7.2.10.5.Comparative market share analysis, 2020 & 2028

7.2.11.Rest of Europe

7.2.11.1.Market size and forecast, by component, 2020-2028
7.2.11.2.Market size and forecast, by application, 2020-2028
7.2.11.3.Market size and forecast, by end use, 2020-2028
7.2.11.4.Market size and forecast, by country, 2020-2028
7.2.11.5.Comparative market share analysis, 2020 & 2028

7.3.Asia-Pacific

7.3.1.Market size and forecast, by component, 2020-2028
7.3.2.Market size and forecast, by application, 2020-2028
7.3.3.Market size and forecast, by end use, 2020-2028
7.3.4.Market size and forecast, by country, 2020-2028
7.3.5.Comparative market share analysis, 2020 & 2028

7.3.6.China

7.3.6.1.Market size and forecast, by component, 2020-2028
7.3.6.2.Market size and forecast, by application, 2020-2028
7.3.6.3.Market size and forecast, by end use, 2020-2028
7.3.6.4.Market size and forecast, by country, 2020-2028
7.3.6.5.Comparative market share analysis, 2020 & 2028

7.3.7.Japan

7.3.7.1.Market size and forecast, by component, 2020-2028
7.3.7.2.Market size and forecast, by application, 2020-2028
7.3.7.3.Market size and forecast, by end use, 2020-2028
7.3.7.4.Market size and forecast, by country, 2020-2028
7.3.7.5.Comparative market share analysis, 2020 & 2028

7.3.8.India

7.3.8.1.Market size and forecast, by component, 2020-2028
7.3.8.2.Market size and forecast, by application, 2020-2028
7.3.8.3.Market size and forecast, by end use, 2020-2028
7.3.8.4.Market size and forecast, by country, 2020-2028
7.3.8.5.Comparative market share analysis, 2020 & 2028

7.3.9.South Korea

7.3.9.1.Market size and forecast, by component, 2020-2028
7.3.9.2.Market size and forecast, by application, 2020-2028
7.3.9.3.Market size and forecast, by end use, 2020-2028
7.3.9.4.Market size and forecast, by country, 2020-2028
7.3.9.5.Comparative market share analysis, 2020 & 2028

7.3.10.Australia

7.3.10.1.Market size and forecast, by component, 2020-2028
7.3.10.2.Market size and forecast, by application, 2020-2028
7.3.10.3.Market size and forecast, by end use, 2020-2028
7.3.10.4.Market size and forecast, by country, 2020-2028

7.3.11.Rest of Asia Pacific

7.3.11.1.Market size and forecast, by component, 2020-2028
7.3.11.2.Market size and forecast, by application, 2020-2028
7.3.11.3.Market size and forecast, by end use, 2020-2028
7.3.11.4.Market size and forecast, by country, 2020-2028
7.3.11.5.Comparative market share analysis, 2020 & 2028

7.4.LAMEA

7.4.1.Market size and forecast, by component, 2020-2028
7.4.2.Market size and forecast, by application, 2020-2028
7.4.3.Market size and forecast, by end use, 2020-2028
7.4.4.Market size and forecast, by country, 2020-2028
7.4.5.Comparative market share analysis, 2020 & 2028

7.4.6.Latin America

7.4.6.1.Market size and forecast, by component, 2020-2028
7.4.6.2.Market size and forecast, by application, 2020-2028
7.4.6.3.Market size and forecast, by end use, 2020-2028
7.4.6.4.Market size and forecast, by country, 2020-2028
7.4.6.5.Comparative market share analysis, 2020 & 2028

7.4.7.Middle East

7.4.7.1.Market size and forecast, by component, 2020-2028
7.4.7.2.Market size and forecast, by application, 2020-2028
7.4.7.3.Market size and forecast, by end use, 2020-2028
7.4.7.4.Market size and forecast, by country, 2020-2028
7.4.7.5.Comparative market share analysis, 2020 & 2028

7.4.8.Africa

7.4.8.1.Market size and forecast, by component, 2020-2028
7.4.8.2.Market size and forecast, by application, 2020-2028
7.4.8.3.Market size and forecast, by end use, 2020-2028
7.4.8.4.Market size and forecast, by country, 2020-2028
7.4.8.5.Comparative market share analysis, 2020 & 2028

8.Company profiles

8.1.IBM

8.1.1.Business overview
8.1.2.Financial performance
8.1.3.Product portfolio
8.1.4.Recent strategic moves & developments
8.1.5.SWOT analysis

8.2.Micrsoft

8.2.1.Business overview
8.2.2.Financial performance
8.2.3.Product portfolio
8.2.4.Recent strategic moves & developments
8.2.5.SWOT analysis

8.3.SAP SE

8.3.1.Business overview
8.3.2.Financial performance
8.3.3.Product portfolio
8.3.4.Recent strategic moves & developments
8.3.5.SWOT analysis

8.4.Oracle

8.4.1.Business overview
8.4.2.Financial performance
8.4.3.Product portfolio
8.4.4.Recent strategic moves & developments
8.4.5.SWOT analysis

8.5.Huawei

8.5.1.Business overview
8.5.2.Financial performance
8.5.3.Product portfolio
8.5.4.Recent strategic moves & developments
8.5.5.SWOT analysis

8.6.GuardTime

8.6.1.Business overview
8.6.2.Financial performance
8.6.3.Product portfolio
8.6.4.Recent strategic moves & developments
8.6.5.SWOT analysis

8.7.TIBCO Software

8.7.1.Business overview
8.7.2.Financial performance
8.7.3.Product portfolio
8.7.4.Recent strategic moves & developments
8.7.5.SWOT analysis

8.8.Bitfury

8.8.1.Business overview
8.8.2.Financial performance
8.8.3.Product portfolio
8.8.4.Recent strategic moves & developments
8.8.5.SWOT analysis

8.9.Interbit

8.9.1.Business overview
8.9.2.Financial performance
8.9.3.Product portfolio
8.9.4.Recent strategic moves & developments
8.9.5.SWOT analysis

8.10.AWS

8.10.1.Business overview
8.10.2.Financial performance
8.10.3.Product portfolio
8.10.4.Recent strategic moves & developments
8.10.5.SWOT analysis

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