Updated Research Report of Blockchain in Supply Chain Market 2020-2026:
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Recovered Paper Pulp market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Despite heavy investment in supply chain management, organizations fail to deliver the best services because of the exuded complexity and mere lack of transparency with the customers. Traversing to the last decade; according to the National Institute of Standards and Technology (NIST), the inadequacies in the supply chain infrastructure translated to $5 billion annual loss in the automotive industry and $3.9 billion in the electronics industry. It has been more than a decade, but organizations are still struggling to control their supply chain management process which is leading to irrevocable losses. However, this challenge is lead to a gamut of opportunities for blockchain market in supply chain which had a market size of $70 million to $75 million as of 2020 according to the market analyst. Furthermore, the analyst estimates that the demand for the implementation of blockchain in the supply chain sector will increase with a mindboggling CAGR of 50% during the forecast period of 2020 to 2026.
Owing to the myriad of transportation and other systems that warrant multiple steps before the delivery to the end-user in North America, there is a discernible demand for supply chain in North America. Now, this is coupled with the region’s progress in technology and its adoption in each sector, which is aiding to the increasing blockchain market in supply chain market size. The region has a market share of nearly 40%.
The key players covered in this study
Microsoft
IBM
Oracle
T-Mining
DTCO
Deloitte
Primechain
Veem
Guardtime
BTL
Ripple
OpenXCell
Ripple
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Market segment by Type, the product can be split into
Public Blockchain
Private Blockchain
Others
Market segment by Application, split into
Marketing and Advertising
Healthcare
Others
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Blockchain in Supply Chain status, future forecast, growth opportunity, key market and key players.
To present the Blockchain in Supply Chain development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Blockchain in Supply Chain are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Major Key Points in Table of Content
1 Report Overview
2 Global Growth Trends by Regions
3 Competition Landscape by Key Players
4 Breakdown Data by Type (2015-2026)
5 Blockchain in Supply Chain Breakdown Data by Application (2015-2026)
6 North America
7 Europe
8 China
9 Japan
10 Southeast Asia
11 India
12 Central & South America
13 Key Players Profiles
Continued………
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Note:
Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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