The study covers a detailed analysis segmented by key business segments i.e. , by application (Logistics and Supply Chain Management, Counterfeit Management, Quality Control and Compliance and Others) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Industrial Blockchain market throughout the predicted period.
What is Industrial Blockchain?
Blockchain in industrial markets has proven particularly successful, spanning adoption from manufacturing to retail. Increased investments are focused on solutions that can create more streamlined operations and efficient processes, and eventually complement digital transformation strategies. The growth is mainly driven by demand in the food and beverage, transport and storage, retail and consumer, and healthcare sectors. Blockchain can address operational inefficiencies, complex logistics, accountability, and auditing issues, as well as intellectual property theft. Blockchain can be especially valuable when used alongside digital transformation strategies that aim to create agile and lean supply chain management systems. Innovative applications have successfully leveraged blockchain with new connectivity and automation technologies, Internet of Things (IoT) devices and platforms, cloud and edge computing, Machine Learning (ML) and Artificial Intelligence (AI) technologies, etc.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Industrial Blockchain market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, including:
- IBM (United States)
- AWS (United States)
- Microsoft (United States)
- SAP (Germany)
- Intel (United States)
- Oracle (United States)
- Deloitte Touche Tohmatsu Limited (United Kingdom)
- BTL Group (Canada)
- Applied Blockchain (United Kingdom)
- Infosys (India)
In September 2018, Chain has been acquired by Lightyear, a subsidiary of the Stellar Development Foundation, to form the combined company called Interstellar. The companies have joined forces to develop enhanced cryptographic ledgers to make financial services smarter, more secure, and more connected.
Blockchain-as-a-Service Solutions for Enterprises
- Absence of Common Set of Standards and Regulatory Bodies
- Uncertain Regulatory and Compliance Environment
- Limited Availability of Technical Skillsets to Implement the Blockchain Technology
Increasing Demand for Real-Time Data Analysis, Enhanced Visibility, and Proactive Maintenance and Rising Government Initiatives
Key highlights of the Global Industrial Blockchain market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Industrial Blockchain market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Industrial Blockchain market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Industrial Blockchain Players
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Industrial Blockchain market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Industrial Blockchain market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Industrial Blockchain Service Providers, Software Developers and Integrators, Enterprises, Potential Investors, End-use Industries and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. Where the Industrial Blockchain industry is heading?
Industrial Blockchain Market is heading robustly to achieve new growth cycle.2. Is Industrial Blockchain market is changing from growth to value?
The Concentration Rate of Global Industrial Blockchain market is dominated by United States Players to generate healthy valuation by 2026. 3. Who are the key players profiled in the Industrial Blockchain Market?
Companies that are profiled in Global Industrial Blockchain Market are IBM (United States), AWS (United States), Microsoft (United States), SAP (Germany), Intel (United States), Oracle (United States), Deloitte Touche Tohmatsu Limited (United Kingdom), BTL Group (Canada), Applied Blockchain (United Kingdom) and Infosys (India) etc.