Blockchain in Retail Market Recent Trends, Future Growth, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2028

pratiksha Mar 2, 2024 | 18 Views
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The Global blockchain in retail market Report presents an exhaustive analysis of the blockchain in retail market and offers investors, stakeholders and business strategists’ valuable insights on the forecast period 2020-2027. The report on the Global blockchain in retail Market presents the growth rate and market value projected to be reached by the market in the coming years. The market is poised to reach a valuation of USD 60.97 Billion

by 2028. This represents a growth rate of 90.7% CAGR from his USD 342.2 million valuation in 2020. The report guides market participants, emerging players, and stakeholders on how to combat the COVID-19 pandemic.

Blockchain helps in maintenance and management of chain-of-custody information, supply chain data, and autonomous transactions, and thereby assists retailers in building customer trust by bringing transparency in the movement of products. Also, implementation of blockchain in retail supply chain provides retailers better insights into the supply chain process – from beginning to end – and in turn, enables retailers to provide precise information to the end-user.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

The prominent players profiled in the report are:

  1. Amazon Web Services,
  2. IBM Corporation,
  3. Auxesis Group,
  4. SAP SE,
  5. Coinbase,
  6. Microsoft Corporation,
  7. Oracle,
  8. Blockpoint,
  9. Cegeka, and BTL Group.

Emergen Research has recently published a detailed report on the global blockchain in retail market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the blockchain in retail market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the blockchain in retail market and contains a detailed analysis of the key elements influencing the growth of the market in the region.

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Key Highlights of Report

  • In October 2020, Coinbase made an announcement about the introduction of Crypto Debit Card in the US (except Hawaii) for retail spending.
  • Application provider segment revenue is expected to grow at the fastest rate over the forecast period. Some major advantages offered by blockchain application providers include reduced IT capital expenditure, easier blockchain application maintenance, and improved collaboration.
  • Identity management segment is estimated to account for a substantially large market size in 2020. Blockchain in retail helps to protect the identity of customers from breaches and theft. Blockchain allows individuals to make a self-sovereign identity (SSI), eliminating need to create several usernames and passwords, and allows customers to manage digital identity independently.

Emergen Research has segmented the blockchain in retail market in terms of provider, application, size of organization, and region:

Provider Outlook (Revenue, USD Million; 2018–2028)

  • Application Provider
  • Middleware Provider
  • Infrastructure Provider

Application Outlook (Revenue, USD Million; 2018–2028)

  • Identity Management
  • Compliance Management
  • Payments & Smart Contracts
  • Loyalty and Rewards Management
  • Supply Chain Management
  • Advertising
  • Others

Size of Organization Outlook (Revenue, USD Million; 2018–2028)

  • Small & Medium-sized Enterprises
  • Large Enterprises

To know more about the report @ https://www.emergenresearch.com/industry-report/blockchain-in-retail-market

The report is updated with the impact of the COVID-19 pandemic on the blockchain in retail market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the blockchain in retail market has been positive or negative.

Market Dynamics:

The report offers insightful information about the market dynamics of the blockchain in retail market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the blockchain in retail market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the blockchain in retail market.

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Thank you for reading the research report. To get more information about the customized report and customization plan, kindly connect to us and we will provide you with the well-suited customized report.

About Us:

At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

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