Blockchain in Retail Market Companies, Share, Forecast, Overview and Analysis by 2028

The global blockchain in retail market is projected to reach a substantially large market size of USD 60.97 Billion by 2028 and register a significantly rapid revenue growth rate over the forecast period, according to latest analysis by Emergen Research. The growing demand for blockchain in retail can be attributed to increasing demand for improving retail supply chain efficiency. Blockchain technology is considered to be of immense significance in transforming omnichannel supply chains in the retail industry. 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.

The report provides detailed insights into Blockchain in Retail market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Blockchain in Retail market size over the forecast period, 2020–2028. The report includes profiles of major Blockchain in Retail players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Blockchain in Retail market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.

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Global Blockchain in Retail market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Blockchain in Retail market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Blockchain in Retail market.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Blockchain in Retail market share contribution of these countries. In addition, Blockchain in Retail market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Blockchain in Retail Market include are:

Amazon Web Services,

IBM Corporation,

Auxesis Group,

SAP SE,

Coinbase,

Microsoft Corporation,

Oracle,

Blockpoint,

Cegeka, and

BTL Group.

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

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

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In terms of Blockchain in Retail market share and revenue contribution to the global Blockchain in Retail market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Blockchain in Retail market share.

The market intelligence report on the Blockchain in Retail Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the Blockchain in Retail industry

North America Blockchain in Retail market revenue growth was relatively higher than that of other regional markets in 2020. North America Blockchain in Retail market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.

Asia Pacific Blockchain in Retail market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Blockchain in Retail market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Blockchain in Retail market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.

Europe Blockchain in Retail market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/485

The research provides answers to the following key questions:

What will be the growth rate and the market size of the Blockchain in Retail industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Blockchain in Retail market across different regions?
Who are the major driving forces expected to decide the fate of the Blockchain in Retail industry worldwide?
Who are the prominent market players making a mark in the Blockchain in Retail market with their winning strategies?
Which Blockchain in Retail industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Blockchain in Retail market?

Table of Content

Chapter 1. Methodology & Sources

1.1. Blockchain in Retail Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Blockchain in Retail Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028