Blockchain in Supply Chain Industry is forescasted to grow at a CAGR of 78.39% 2019-2023
NEW YORK, Oct. 31, 2018 /PRNewswire/ — About Blockchain in Supply Chain Industry
The blockchain technology is a cryptographically managed and distributed ledger system that is used for supply chain management.
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Technavio’s analysts forecast the Global Blockchain Market in Supply Chain Industry to grow at a CAGR of 78.39% during the period 2019-2023.
Covered in this report
The report covers the present scenario and the growth prospects of the global blockchain market in supply chain industry. To calculate the market size, the report considers the revenue generated from the adoption of blockchain technology in the supply chain industry.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio’s report, global blockchain market in supply chain industry 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Accenture
• IBM
• Microsoft
• Oracle
• SAP
Market driver
• Growing security concerns with respect to cargo theft and mishandling
• For a full, detailed list, view our report
Market challenge
• Availability of substitute technologies for tracking and tracing supply chain
• For a full, detailed list, view our report
Market trend
• Emergence of blockchain analytics
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2023 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Read the full report: https://www.reportlinker.com/p05603982
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