Blockchain supply chain is collaborating blockchain technology with existing su
Posted by pawarmnk on February 21st, 2020
Blockchain Supplychain Market: Summary
The Global Blockchain Supply Chain Market is estimated to reach USD 4.1 Billion in 2024 at a CAGR of 81.2%. Increasing customer demand for traceability and increasing demand for secure trail is expected to drive the blockchain supply chain market during the forecast period. However, issue of data ownership and complexity of combining blockchain with existing system is expected to restrain the market during the forecast period. Combining blockchain with IoT and other monitoring technology is expected to become an opportunity for blockchain supply chain market.
Blockchain is safe, secure data ledger simultaneously used by multiple entities via distributed network. Supply chain is a series of processes involved in the manufacturing and distribution of any commodity. Blockchain supply chain is collaborating blockchain technology with existing supply chain system. Blockchain supply chain improves the efficiency of current system and delivers better outcomes. Some key players in blockchain supply chain market are IBM, Microsoft Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, and SAP SE among others.
Blockchain Supplychain Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global blockchain supply chain market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks.
Blockchain Supplychain Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Blockchain Supplychain Market by Platform
Blockchain Supplychain Market by Provider
Blockchain Supplychain Market by Application
Blockchain Supplychain Market by End Use Industry
Blockchain Supplychain Market by Region
Middle East and Africa
About Forencis Research
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