Blockchain Retail Market size is expected to reach $ 34808.79 Mn. by 2027, growing at a CAGR of 96.20% during the forecast period. To know about the Research Methodology:-Request Free Sample Report
Block chain Retail Market DefinationBlockchain Technology is the key security mechanism behind cryptocurrency transactions. It has multiple cross-industrial applications including retail sector. Blockchain technology will certainly revolutionize the retail sector through its distributed public ledger system.
Block chain Retail Market DynamicsThere are numerous driving factors for adopting Blockchain Technology. It works on decentralized platforms. Transparency, cost reduction, elimination of third parties, cryptographic security, micro-payments, and immutability are the obvious advantages of blockchain solutions. the growing interest in the adoption of blockchain technology in retail and supply chain management industry, increasing need efficiency and speed in retail and supply chain transaction, rapidly transforming international trade and retail industry scenario backed by increasing venture funding and investments towards the blockchain technology providers are the key drivers to implement blockchain technology in the retail sector. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. The financial sector is the pioneer in exploring and adopting blockchain solutions for smart transactions. Blockchain will disrupt the retail industry and will create growth opportunities, monetization avenues, and facilitate digital transformation. However, lack of a central entity & common standards and lack of awareness & understanding of the use of blockchain technologies are expected to restrain the growth of this market to a certain extent. The key financial and retailing hubs, and massive shipping and trading markets, including Hong Kong and Singapore, provide huge growth opportunities for the adoption of the blockchain in the retail and supply chain management sector in APAC. However, lack of awareness and technical understanding about blockchain technology could restrain the Blockchain Retail Market growth across regions. The report segments the Blockchain Retail Market by provider, application, and region. Talking about applications, the supply chain management is expected to rule the market in 2021 - as various multinational retail and supply chain management corporations are deploying blockchain technologies across various business processes to bring a reduction in costs of verification, execution, arbitration, and fraud prevention. Identity management and fraud detection application is expected to be the highest revenue-generating segment by 2027, as the technology helps validate the authenticity, ownership, and origin, through the supply chain of goods and documents, the identity of customers doing transactions and the date and time of policy issuance, thereby helping reduce fraud rate and providing easy management. The payments application is also expected to grow at the faster rate, owing to reduced risks, improved efficiency, and transparency in payment systems, provided by blockchain across the retail industry. In the case of providers, the application providers are the fastest growing segment in the overall market. The introduction of technologically advanced blockchain solutions has witnessed the certain level of adoption in retail and supply chain management corporations thereby fuelling the overall market growth. In the case of geographic coverage, North America is estimated to account for the largest share of the overall market in 2021. North America is considered as the most advanced region with regard to technology adoption and infrastructure. The wide presence of key industry players of blockchain technology solutions in this region is the main driving factor responsible for the growth of the Blockchain Retail Market. Major multinational retailers such as Walmart and supply chain management/logistics companies UPS and FedEx in this region are adopting the blockchain technology. Europe is expected to gain pace in terms of adoption in the coming years, as companies across different business processes are increasingly adopting the blockchain technology. Furthermore, APAC is expected to record the highest growth rate during the forecast period, due to the increasing funding-backed start-up activities in the blockchain technology aimed at transforming the retail industry scenario. The objective of the report is to present comprehensive analysis Blockchain Retail Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Blockchain Retail Market dynamics, structure by analyzing the market segments, and project the Blockchain Retail Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Blockchain Retail Market make the report investor’s guide.
Block chain Retail Market Scope: Inquire before buying
Global Blockchain Retail Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2027 Historical Data: 2017 to 2021 Market Size in 2021: $ 610.23 Mn. Forecast Period 2022 to 2027 CAGR: 96.20% Market Size in 2027: $ 34808.79 Mn. Segments Covered: by Provider • Application Providers • Middleware Providers • Infrastructure Providers by Application • Compliance Management • Identity Management • Loyalty and Rewards Management • Payments • Smart Contracts • Supply Chain Management • Others (Anti-Counterfeiting, Advertising, and Consumer Data Management)
Block chain Retail Market, by Region• North-America • Europe • Asia Pacific • Latin America • Middle East & Africa
Block chain Retail Market Key PlayersIBM SAP Microsoft Oracle AWS Bitfury Auxesis Group Cegeka BTL Guardtime CoinBase loyyal Sofocle BigchainDB RecordsKeeper BitPay Abra Reply Provenance ModulTrade Blockverify OGYDocs Warranteer Blockchain Foundary Frequently Asked Questions: 1. Which region has the largest share in Global Blockchain Retail Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Blockchain Retail Market? Ans: The Global Blockchain Retail Market is expected to grow at a CAGR of 96.20% during forecast period 2022-2027. 3. What is scope of the Global Blockchain Retail market report? Ans: Global Blockchain Retail Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Blockchain Retail market? Ans: The important key players in the Global Blockchain Retail Market are – IBM, SAP, Microsoft, Oracle, AWS, Bitfury, Auxesis Group, Cegeka, BTL, Guardtime, CoinBase, loyyal, Sofocle, BigchainDB, RecordsKeeper, BitPay, Abra, Reply, Provenance, ModulTrade, Blockverify, OGYDocs, Warranteer, and Blockchain Foundary. 5. What is the study period of this market? Ans: The Global Blockchain Retail is studied from 2021 to 2027.
Blockchain Retail Market1. INTRODUCTION 1.1 Report Description 1.1.1 Objectives of the Study 1.1.2 Market Scope 1.1.3 Years considered in the study 1.1.4 Currency 1.1.5 Stakeholders 1.2 Target Audience 1.3 Key Takeaways 2. RESEARCH METHODOLOGY 2.1 Research Methodology 2.2 Market Definition 2.3 Assumptions and Acronyms Used 2.4 Data Sources 2.4.1 Secondary 126.96.36.199 Paid 188.8.131.52 Unpaid 2.4.2 Primary 2.5 Analyst tools and models 3. EXECUTIVE SUMMARY 3.1 Blockchain Retail Market Overview 3.1.1 Blockchain Retail Market : By Provider 3.1.2 Blockchain Retail Market : By Application 3.1.3 Blockchain Retail Market : By Region 4. BLOCKCHAIN RETAIL MARKET OUTLOOK 4.1 Blockchain Retail Market : Market Definition, Segmentation and Scope of Study 4.2 Blockchain Retail Market : Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Blockchain Retail Market : Competitive Analysis 4.3.1 Key Strategic Initiatives 4.3.2 Regional Presence 4.3.3 Product Overview 4.4 Blockchain Retail Market : Porter’s Analysis 4.5 Blockchain Retail Market : PESTEL Analysis 4.6 Blockchain Retail Market : Product Benchmark Analysis 4.7 Blockchain Retail Market : Company Market Share Analysis 4.8 Blockchain Retail Market : Key Findings 4.8.1 Blockchain Retail Market : Top Wining Strategies 4.8.2 Blockchain Retail Market : Top Investment Pockets 4.8.3 Blockchain Retail Market : Top Impacting Factors 5. BLOCKCHAIN RETAIL MARKET, BY PROVIDER 5.1 Blockchain Retail Market : Provider segment Market Share analysis 5.2 Blockchain Retail Market : Provider segment Market Size and Forecast 2017-2027 5.3 Blockchain Retail Market by Application and solution provider 5.4 Blockchain Retail Market by Middleware provider 5.5 Blockchain Retail Market by Infrastructure provider 5.6 Blockchain Retail Market Benchmarking By Provider 5.7 Blockchain Retail Market by Provider : Key Trends 5.8 Blockchain Retail Market by Provider : Key Developments 6. BLOCKCHAIN RETAIL MARKET , BY APPLICATION 6.1 Blockchain Retail Market : application segment Market Share Analysis 6.2 BLOCKCHAIN RETAIL MARKET : application segment Market Size and Forecast 2021-2027 6.3 Blockchain Retail Market by Compliance Management 6.4 Blockchain Retail Market by Identity Management 6.5 Blockchain Retail Market by Loyalty and Rewards Management 6.6 Blockchain Retail Market by Payments 6.7 Blockchain Retail Market by Smart Contracts 6.8 Blockchain Retail Market by Supply chain management 6.9 Blockchain Retail Market by Others (Anti-Counterfeiting, Advertising, and Consumer Data Management) 6.10 Blockchain Retail Market Benchmarking By Application 6.11 Blockchain Retail Market by Application: Key Trends 6.12 Blockchain Retail Market by Application: Key Developments 7. BLOCKCHAIN RETAIL MARKET , BY GEOGRAPHY 7.1 Blockchain Retail Market : Geography segment Market Share Analysis 7.2 Blockchain Retail Market : Geography segment Market Size and Forecast 2021-2027 7.3 North America 7.3.1 Overview 7.3.2 Blockchain Retail Market Size and Forecast, by Provider 2021-2027 7.3.3 Blockchain Retail Market Share Analysis , by Provider 2021-2027 7.3.4 Blockchain Retail Market Size and Forecast, by Application 2021-2027 7.3.5 Blockchain Retail Market Share Analysis , by Application 2021-2027 7.4 Europe 7.4.1 Overview 7.4.2 Blockchain Retail Market Size and Forecast, by Provider 2021-2027 7.4.3 Blockchain Retail Market Share Analysis , by Provider 2021-2027 7.4.4 Blockchain Retail Market Size and Forecast, by Application 2021-2027 7.4.5 Blockchain Retail Market Share Analysis , by Application 2021-2027 7.5 Asia Pacific 7.5.1 Overview 7.5.2 Blockchain Retail Market Size and Forecast, by Provider 2021-2027 7.5.3 Blockchain Retail Market Share Analysis , by Provider 2021-2027 7.5.4 Blockchain Retail Market Size and Forecast, by Application 2021-2027 7.5.5 Blockchain Retail Market Share Analysis , by Application 2021-2027 7.6 Latin America, Middle East and Africa 7.6.1 Overview 7.6.2 Blockchain Retail Market Size and Forecast, by Provider 2021-2027 7.6.3 Blockchain Retail Market Share Analysis , by Provider 2021-2027 7.6.4 Blockchain Retail Market Size and Forecast, by Application 2021-2027 7.6.5 Blockchain Retail Market Share Analysis , by Application 2021-2027 7.7 Blockchain Retail Market Benchmarking By Geography 7.8 Blockchain Retail Market by Geography : Key Trends 7.9 Blockchain Retail Market by Geography : Key Developments 8. COMPITITIVE LANDSCAPE 8.1 Blockchain Retail Market Share/ Positioning Analysis 8.2 Blockchain Retail Market: Key Innovators 8.3 Blockchain Retail Market : Company Profiles 8.3.1 IBM 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.2 SAP 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.3 Microsoft 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.4 Oracle 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.5 AWS 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.6 Bitfury 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.7 Auxesis Group 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.8 Cegeka 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.9 BTL 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.10 Guardtime 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.11 CoinBase 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.12 loyyal 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.13 Sofocle 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.14 BigchainDB 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.15 BitPay 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.16 Abra 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.17 Reply 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.18 Provenance 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.19 ModulTrade 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.20 Blockverify 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.21 OGYDocs 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.22 Warranteer 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 8.3.23 Blockchain Foundary 184.108.40.206 Overview 220.127.116.11 Product/Service Portfolio 18.104.22.168 Key Financials 22.214.171.124 Strategic Initiatives 126.96.36.199 SWOT Analysis 188.8.131.52 Competitive Assessment 9. CONSOLIDATION 9.1 Blockchain Retail Market: Mergers and Acquisitions 9.1.1 Overview 9.1.2 Blockchain Retail Market : Key Drivers – By Region 9.1.3 Blockchain Retail Market : M&A Breakdown 184.108.40.206 Niche Based 220.127.116.11 Region Based 18.104.22.168 Asset & Non-Asset Based 22.214.171.124 Venture Capitalist Based 9.2 Fragmentation of Blockchain Retail Market 9.3 Blockchain Retail Market : Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 9.4 Blockchain Retail Market - New/Emerging Models of Partnerships : Key Examples 9.5 Blockchain Retail Market : New/Emerging Business Models : Key Examples 9.6 Blockchain Retail Market - Changing Investment Paradigm : Focused areas by Key Players 9.7 Blockchain Retail Market - Patent Analysis 10. Blockchain Retail Market : LIST OF TABLES 11. Blockchain Retail Market : LIST OF FIGURES