[Latest] Global Blockchain in Retail Market Size/Share Worth USD 2200 Million by 2030 at a 40% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Blockchain in Retail Market size & share revenue was valued at approximately USD 170 Million in 2021 and is expected to reach USD 395 Million in 2022 and is expected to reach around USD 2200 Million by 2030, at a CAGR of 40% between 2022 and 2030. The key market players listed in the report with their sales, revenues and strategies are SAP, IBM, Microsoft, Oracle, Bitfury, AWS, Auxesis Group, BTL, Cegeka, Guardtime, loyyal, CoinBase, Sofocle, RecordsKeeper, ModulTrade, Reply, BigchainDB, Warranteer, BitPay, Abra, Provenance, OGYDocs, Blockverify, Blockchain Foundary, and others.

Sandy, Utah, USA, Feb. 02, 2023 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Blockchain in Retail Market Size, Trends and Insights By Component (Solutions, Services), By Deployment (Cloud, On-Premises), By Application (Compliance Management, Supply Chain and Inventory Management, Smart Contract, Transaction Management, Identity Management, Automated Customer Service), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.

“According to the latest research study, the demand for global Blockchain in Retail Market size & share was valued at approximately USD 170 Million in 2021 and is expected to reach USD 395 Million in 2022 and is expected to reach a value of around USD 2200 Million by 2030, at a compound annual growth rate (CAGR) of about 40% during the forecast period 2022 to 2030.”

Our research report offers a 360-degree view of the Blockchain in the Retail Industry’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Blockchain in Retail Industry.

Click Here to Access a Free Sample Report of the Global Blockchain in Retail Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=21621

Blockchain in Retail Industry: Overview

Due to blockchain-based retail solutions, retailers can provide their consumers with advantages like unparalleled customer service, traceability, real-time information, and information about on-time deliveries. Technology also makes it possible for supply chain participants to know their goods’ exact location & legitimacy, product safety, quality, and dependability. The global blockchain in retail Industry will likely be driven by the rising demand for blockchain in retail from end users like logistics and supply chains.

Faster transactional processes and enhanced transaction transparency-based solutions in the logistics industry are two crucial components that are anticipated to give major players access to new markets.

Growth Factors

Many factors influence the adoption of blockchain technology, which functions on decentralized systems. The obvious benefits of blockchain systems include transparency, cost savings, the abolition of third parties, cryptographic security, micropayments, as well as immutability. The increasing demand for speed and efficiency in retail and supply chain transactions and the rapidly changing international trade and retail industry environment are the main factors driving the adoption of blockchain technology in the retail sector. These factors are supported by rising venture capital funding and investments in blockchain technology providers.

The financial industry is at the forefront of investigating and implementing blockchain solutions for intelligent transactions. The retail sector will be disrupted by blockchain, fostering digital transformation and opening up new options for growth and monetization. However, the absence of a centralized organization and uniform standards, as well as a lack of knowledge and comprehension of the application of blockchain technologies, are anticipated to limit the growth of this market to some extent. The use of the blockchain in the retail and supply chain management industry in APAC offers enormous growth prospects due to the region’s important financial and retailing hubs, as well as its enormous shipping and trade markets, including Hong Kong and Singapore. Lack of knowledge and technical proficiency in blockchain technology, however, may limit the expansion of the blockchain retail Industry globally.

(A free sample of the Blockchain in Retail report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
  • About 220+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on the Request
  • Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
  • Custom Market Insights (CMI) research methodology

(Please note that the sample of the Blockchain in Retail report has been modified to include the COVID-19 impact study prior to delivery.)

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Segmental Overview

The Industry for Blockchain in Retail is segmented into components, deployment, and application. The segment for cloud-based deployment is anticipated to have the greatest CAGR in 2021 out of all the forecasted segments. This market’s expansion is anticipated to be aided by the growing need for cloud-based retail blockchain solutions for processing massive volumes of consumer data, as well as the growing need to cut costs associated with internal system design, implementation, and continuing maintenance. A trend that is anticipated to increase in the upcoming years is the progressive use of cloud infrastructure by a number of retail firms. The advantages of cloud infrastructure, including its simplicity in use, low need for internal infrastructure, high scalability, and simplicity in installing retail blockchain solutions, boost the expansion of the cloud-based market.

According to the component, the solutions sector is anticipated to hold the highest proportion of the worldwide blockchain in retail Industry in 2021. This segment’s significant market share can be attributed to the rising demand for retail blockchain solutions to ensure efficient supply chain and fraud management, as well as the rising acceptance of cryptocurrency payment services, blockchain-based solutions for enhancing food safety, and cloud-based retail blockchain solutions.

Regional Overview

The highest CAGR is anticipated to be recorded in Asia-Pacific. The region’s expanding economies, including those of India, China, and Indonesia, are to blame for the quick rise of blockchain in retail solutions and services among urban populations. The region’s development is being supported by the rising use of B2B blockchain-based payment systems, a surge in demand for retail blockchain solutions to ensure efficient supply chain and fraud management, a surge in demand for retail payment systems, and the presence of more seasoned blockchain businesses.

Key questions answered in this report:

  • What is the size of the Blockchain in Retail market and what is its expected growth rate?
  • What are the primary driving factors that push the Blockchain in Retail market forward?
  • What are the Blockchain in Retail Industry’s top companies?
  • What are the different categories that the Blockchain in Retail Market caters to?
  • What will be the fastest-growing segment or region?
  • In the value chain, what role do essential players play?
  • What is the procedure for getting a free copy of the Blockchain in Retail market sample report and company profiles?

Request Customized Copy of Blockchain in Retail Market Report @ https://www.custommarketinsights.com/report/blockchain-in-retail-market/

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2022−2030
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
  • Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Report Scope

Feature of the Report Details
Market Size in 2021 USD 170 Million
Projected Market Size in 2030 USD 2200 Million
Market Size in 2022 USD 395 Million
CAGR Growth Rate 40% CAGR
Base Year 2021
Forecast Period 2022-2030
Prominent Players SAP, IBM, Microsoft, Oracle, Bitfury, AWS, Auxesis Group, BTL, Cegeka, Guardtime, loyyal, CoinBase, Sofocle, RecordsKeeper, ModulTrade, Reply, BigchainDB, Warranteer, BitPay, Abra, Provenance, OGYDocs, Blockverify, Blockchain Foundary, and Others
Key Segment By Component, Deployment, Application, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

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Competitive Landscape

By examining Industry segments and projecting Industry size, the reports also aid in understanding the dynamics and organizational structure of the global Blockchain in Retail industry. The study serves as an investor’s guide thanks to its clear depiction of competitive analysis of key companies by product, price, financial condition, product portfolio, growth plans, and regional presence in the worldwide access control Industry.

  • 2019: To create the distributed ledger system, which will be distinct from Nestlé’s continuing involvement with the IBM Food Trust blockchain, the food giant worked with OpenSC, a blockchain platform.
  • 2019: With the help of IBM, Scentre Group, and a group of Australian financial services firms, a pilot project to put retail lease bank guarantees on a private blockchain was launched.

Click Here to Access a Free Sample Report of the Global Blockchain in Retail Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=21621

Prominent Players

  • SAP
  • IBM
  • Microsoft
  • Oracle
  • Bitfury
  • AWS
  • Auxesis Group
  • BTL
  • Cegeka
  • Guardtime
  • loyyal
  • CoinBase
  • Sofocle
  • RecordsKeeper
  • ModulTrade
  • Reply
  • BigchainDB
  • Warranteer
  • BitPay
  • Abra
  • Provenance
  • OGYDocs
  • Blockverify
  • Blockchain Foundary
  • Others

The global Blockchain in Retail Industry is segmented as follows:

By Component

  • Solutions
  • Services

By Deployment

  • Cloud
  • On-Premises

By Application

  • Compliance Management
  • Supply Chain and Inventory Management
  • Smart Contract
  • Transaction Management
  • Identity Management
  • Automated Customer Service

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By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

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This Blockchain in Retail Market Research/Analysis Report Contains Answers to the following Questions.

  • Which Manufacturing Technology is used for Blockchain in Retail? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Blockchain in Retail Market? What are Their Company Profile, Product Information, and Contact Information?
  • What Was the Global Market Status of the Blockchain in Retail Market? What Was the Capacity, Production Value, Cost and PROFIT of the Blockchain in Retail Market?
  • What Is the Current Market Status of the Blockchain in Retail Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Blockchain in Retail Market by Considering Applications and Types?
  • What Are Projections of the Global Blockchain in Retail Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
  • What Is Blockchain in Retail Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is the Economic Impact On Blockchain in Retail Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Blockchain in Retail Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Blockchain in Retail Industry?

Click Here to Get a Free Sample Report of the Global Blockchain in Retail Market @https://www.custommarketinsights.com/report/blockchain-in-retail-market/

Reasons to Purchase Blockchain in Retail Market Report

  • Blockchain in Retail Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
  • Blockchain in Retail Market report outlines market value (USD) data for each segment and sub-segment.
  • This report indicates the region and segment expected to witness the fastest growth and dominate the market.
  • Blockchain in Retail Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
  • The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
  • Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
  • The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
  • Blockchain in Retail Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

  • The study provides a thorough overview of the global Blockchain in Retail market. Compare your performance to that of the market as a whole.
  • Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

  • Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Blockchain in Retail market analysis.
  • The competitive environment of current and potential participants in the Blockchain in Retail market is covered in the report, as well as those companies’ strategic product development ambitions.
  • According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
  • For each segment mentioned above, actual market sizes and forecasts have been given.

Directly Purchase a copy of the report [220+ Pages] @ https://www.custommarketinsights.com/report/blockchain-in-retail-market/

Who should buy this report?

  •  Participants and stakeholders worldwide Blockchain in Retail market should find this report useful. The research will be useful to all market participants in the Blockchain in Retail industry.
  •  Managers in the Blockchain in Retail sector are interested in publishing up-to-date and projected data about the worldwide Blockchain in Retail market.
  •  Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Blockchain in Retail products’ market trends.
  •  Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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