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Blockchain Supply Chain Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global blockchain supply chain market reached a value of US$ 355.47 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4,874.24 Million by 2027, exhibiting a CAGR of 51.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Blockchain refers to a shared peer-to-peer technology that synchronizes transaction data across networks and provides a digital database for validated and immutable transactions. Using smart contracts that get automatically triggered when pre-defined business conditions are met, it effectively automates supply chain transactions, thereby removing middlemen and promoting a direct connection between stakeholders. Blockchain supply chain also acts as an open ledger, with every transaction on the network made available in a read-only format for all the involved participants to accurately retrace to its point of origin. Therefore, it ensures optimum transparency at every level of the supply chain management, minimizes the issues encountered during goods transportation and decreases the need for information sharing via mail or any other communication platforms.

Blockchain Supply Chain Market Trends:

The global market is primarily driven by the extensive adoption of blockchain technology in retail supply chain management (SCM). This can be attributed to the growing online transactions, along with the rising demand for security and transparency in supply chain transactions. In line with this, the increasing utilization of advanced technologies, such as artificial intelligence (AI) and machine learning (ML), in business strategies is leading to a higher product uptake across SMEs. The rapid business automation is further propelling the demand for effective tracking of authentication process information, procurement data, and certifications, which, in turn, is providing an impetus to the market. In addition to this, the widespread adoption of smart devices among the masses, coupled with a considerable rise in internet subscribers, is resulting in the widespread usage of these devices for product procurement, therefore creating a positive outlook for the market. Some of the other factors contributing to the market growth include the flourishing e-commerce sector, the augmenting demand for eliminating middlemen in the supply chain, and extensive research and development (R&D) activities conducted by key players.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global blockchain supply chain market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, application and industry vertical.

Breakup by Component:

  • Platform
  • Services
     

Breakup by Application:

  • Smart Contracts
  • Payment and Settlement
  • Product Traceability
  • Inventory Monitoring
  • Compliance Management
  • Others
     

Breakup by Industry Vertical:

  • Retail
  • Manufacturing
  • Food and Beverages
  • Healthcare
  • Oil and Gas
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, Amazon Web Services Inc. (Amazon.com Inc.), Auxesis Group, Guardtime, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, OpenXcell, Oracle Corporation, PixelPlex, SAP SE and TIBCO Software Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Component, Application, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Accenture plc, Amazon Web Services Inc. (Amazon.com Inc.), Auxesis Group, Guardtime, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, OpenXcell, Oracle Corporation, PixelPlex, SAP SE and TIBCO Software Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global blockchain supply chain market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global blockchain supply chain market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the industry vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global blockchain supply chain market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Blockchain Supply Chain Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Platform
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Services
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Application
    7.1    Smart Contracts
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Payment and Settlement
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Product Traceability
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Inventory Monitoring
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Compliance Management
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Industry Vertical
    8.1    Retail
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Manufacturing
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Food and Beverages
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Healthcare
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Oil and Gas
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Accenture plc 
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 SWOT Analysis
        14.3.2    Amazon Web Services Inc. (Amazon.com Inc.)
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 SWOT Analysis
        14.3.3    Auxesis Group
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 SWOT Analysis
        14.3.4    Guardtime
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 SWOT Analysis
        14.3.5    Huawei Technologies Co. Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 SWOT Analysis
        14.3.6    International Business Machines Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 SWOT Analysis
        14.3.7    Microsoft Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 SWOT Analysis
        14.3.8    OpenXcell
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 SWOT Analysis
        14.3.9    Oracle Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 SWOT Analysis
        14.3.10    PixelPlex
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 SWOT Analysis
        14.3.11    SAP SE
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 SWOT Analysis
        14.3.12    TIBCO Software Inc.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 SWOT Analysis

List of Figures

Figure 1: Global: Blockchain Supply Chain Market: Major Drivers and Challenges
Figure 2: Global: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Blockchain Supply Chain Market: Breakup by Component (in %), 2021
Figure 5: Global: Blockchain Supply Chain Market: Breakup by Application (in %), 2021
Figure 6: Global: Blockchain Supply Chain Market: Breakup by Industry Vertical (in %), 2021
Figure 7: Global: Blockchain Supply Chain Market: Breakup by Region (in %), 2021
Figure 8: Global: Blockchain Supply Chain (Platform) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Blockchain Supply Chain (Platform) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Blockchain Supply Chain (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Blockchain Supply Chain (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Blockchain Supply Chain (Smart Contracts) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Blockchain Supply Chain (Smart Contracts) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Blockchain Supply Chain (Payment and Settlement) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Blockchain Supply Chain (Payment and Settlement) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Blockchain Supply Chain (Product Traceability) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Blockchain Supply Chain (Product Traceability) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Blockchain Supply Chain (Inventory Monitoring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Blockchain Supply Chain (Inventory Monitoring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Blockchain Supply Chain (Compliance Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Blockchain Supply Chain (Compliance Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Blockchain Supply Chain (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Blockchain Supply Chain (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Blockchain Supply Chain (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Blockchain Supply Chain (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Blockchain Supply Chain (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Blockchain Supply Chain (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Blockchain Supply Chain (Food and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Blockchain Supply Chain (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Blockchain Supply Chain (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Blockchain Supply Chain (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Blockchain Supply Chain (Oil and Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Blockchain Supply Chain (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Blockchain Supply Chain (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Blockchain Supply Chain (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Canada: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Canada: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia-Pacific: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia-Pacific: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: China: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: China: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Japan: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Japan: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: India: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: India: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: South Korea: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: South Korea: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Australia: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Australia: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Indonesia: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Indonesia: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Europe: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Germany: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Germany: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: France: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: France: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: United Kingdom: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: United Kingdom: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Italy: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Italy: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Spain: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Spain: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Russia: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Russia: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Latin America: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Brazil: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Brazil: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Mexico: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Mexico: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Middle East and Africa: Blockchain Supply Chain Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Middle East and Africa: Blockchain Supply Chain Market: Breakup by Country (in %), 2021
Figure 84: Middle East and Africa: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Global: Blockchain Supply Chain Industry: SWOT Analysis
Figure 86: Global: Blockchain Supply Chain Industry: Value Chain Analysis
Figure 87: Global: Blockchain Supply Chain Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Blockchain Supply Chain Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Blockchain Supply Chain Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Blockchain Supply Chain Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Blockchain Supply Chain Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 5: Global: Blockchain Supply Chain Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Blockchain Supply Chain Market: Competitive Structure
Table 7: Global: Blockchain Supply Chain Market: Key Players


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