DUBLIN--(BUSINESS WIRE)--The "Blockchain in Retail Market by Component Application and Organization Size: Global Opportunity Analysis and Industry Forecast, 2018-2026" report has been added to ResearchAndMarkets.com's offering.
According to this report, the global blockchain in retail market size was valued at $83 million in 2018, and is projected to reach $11.18 billion by 2026, registering a CAGR of 84.6% from 2019 to 2026.
Blockchain is a solution for majority of the industrial digital concerns such as, supply chain management, transaction speed, compliance management, product security and counterfeiting, transparency, and others. Blockchain as a technology initially was developed to serve as the public transaction ledger for cryptocurrencies, which uses distributed databases and cryptography to record and secure transactions. This characteristic of blockchain provides a high level of security while transmitting and storing data, open and transparent network infrastructure, decentralized ledger, and low cost of operations benefits. Moreover, blockchain in retail is anticipated to change the paper-intensive international trade processes to digital processes.
Factors such as increase in demand for transparent transactions and smart contracts is the key factor driving the market growth for the blockchain in retail industry. In addition, increase in investment by retail industries in blockchain-based solutions is also expected to boost the market growth. Moreover, rise in need to ensure quality, reliability, authenticity, and product safety are also some of the factors fueling the demand for blockchain solutions and services across global retailers. However, scarcity of skilled experts is expected to impede the market growth during the forecast period. Furthermore, rapid changes in the retail industry due to technological advancements and international trade are expected to provide major growth opportunities for the blockchain retail market in upcoming years.
KEY BENEFITS
- The report provides an in-depth analysis of the global blockchain in retail market, outlining current trends, key driving factors, and potential areas for product investments.
- Key players are analyzed with respect to their primary offerings, recent investments, and future development strategies.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global blockchain in retail market from 2018 to 2026 is provided to determine the market potential.
Key Topics Covered:
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Key Market Players
1.5. Research Methodology
1.5.1. Secondary Research
1.5.2. Primary Research
1.5.3. Analyst Tools & Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Impacting Factors
2.1.2. Top Investment Pockets
2.2. CXO Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Forces Shaping Global Blockchain In Retail Market
3.3. Impact Of Government Regulations On Global Blockchain In Retail Market
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Increased Transactions Transparency
3.4.1.2. Increase In Need To Ensure Quality, Reliability, Authenticity, And Product Safety
3.4.1.3. Increase In Investment By Retail Industries In Blockchain-Based Solutions
3.4.2. Restraints
3.4.2.1. Scarcity Of Skilled Experts
3.4.3. Opportunities
3.4.3.1. Quickly Changing Retail Sector And International Trade
3.5. Evolution Of Blockchain Technology
3.6. Patent Analysis
3.6.1. By Region, 2004-2018
3.6.2. By Applicant
Chapter 4: Blockchain In Retail Market, By Component
4.1. Overview
4.2. Platform
4.2.1. Key Market Trends, Growth Factors, And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis, By Country
4.3. Services
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis, By Country
Chapter 5: Smart Space Market, By Application
5.1. Overview
5.2. Loyalty And Rewards Management
5.3. Identity Management
5.4. Supply Chain Management
5.5. Payments And Smart Contracts
5.6. Compliance Management
5.7. Others
Chapter 6: Blockchain In Retail Market, By Organization Size
6.1. Overview
6.2. Large Enterprises
6.3. Small And Medium Enterprises
Chapter 7: Global Blockchain In Retail Market, By Region
7.1. Overview
7.2. North America
7.3. Europe
7.4. Asia-Pacific
7.5. LAMEA
Chapter 8: Competitive Landscape
8.1. Competitive Dashboard
8.2. Key Developments
8.3. Top Winning Strategies
Chapter 9: Company Profile
9.1. Amazon Web Services, Inc.
9.2. Auxesis Services & Technologies Ltd.
9.3. Bitfury Group Limited
9.4. Cognizant
9.5. Infosys Limited
9.6. International Business Machines Corporation
9.7. Microsoft Corporation
9.8. Oracle Corporation
9.9. Sap Se
9.10. Tata Consultancy Services Limited
For more information about this report visit https://www.researchandmarkets.com/r/mcxmdh
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900