Industrial Blockchain Market Opportunities 2031
MARKET INTRODUCTION
Blockchain technologies have recently come to the forefront of the scientific and industrial communities. Industries from insurance to gaming have started to test and implement blockchain technology for wide range of applications. Industrial applications have begun to improve revenue or operational by sharing immutable data among companies, organizations and government entities.
MARKET DYNAMICS
The emergence of fourth Industrial Revolution, also known as Industry 4.0 has introduced new disruptive technologies that are being considered to be incorporated in the factory environment. One of these technology includes blockchain which helps integrate heterogeneous systems, manage financial transactions and component identifying information. This could help in quantifying and managing quality problems with a higher level of specificity.
MARKET SCOPE
The "Global Industrial Blockchain Market Analysis to 2031" is a specialized and in-depth study of the industrial blockchain market with a special focus on the global market trend analysis. The report aims to provide an overview of industrial blockchain market with detailed market segmentation by application, end user. The global industrial blockchain market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial blockchain market player and offers key trends and opportunities in the industrial blockchain market.
MARKET SEGMENTATION
The global industrial blockchain market is segmented on the basis of application, end user. On the basis of application, market is segmented as predictive maintenance, asset tracking and management, business process optimization, logistics and supply chain management, real-time workforce tracking and management, quality control and compliance, counterfeit management, others. On the basis of end user, market is segmented as automotive, energy and power, food and beverages, aerospace and defense, others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial blockchain market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial blockchain market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial blockchain market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial blockchain market in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial blockchain market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial blockchain market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial blockchain market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial blockchain market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial blockchain market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from industrial blockchain market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial blockchain market. Below mentioned is the list of few companies engaged in the industrial blockchain market.
The report also includes the profiles of key industrial blockchain market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Factom
- Wipro Limited
- Blockchain Foundry Inc.
- XAIN AG
- GENERAL ELECTRIC
- Accenture PLC
- Oracle Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Industrial Blockchain Market - By Application
1.3.2Industrial Blockchain Market - By End User
1.3.3Industrial Blockchain Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.INDUSTRIAL BLOCKCHAIN MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.INDUSTRIAL BLOCKCHAIN MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.INDUSTRIAL BLOCKCHAIN MARKET - GLOBAL MARKET ANALYSIS
6.1.INDUSTRIAL BLOCKCHAIN - GLOBAL MARKET OVERVIEW
6.2.INDUSTRIAL BLOCKCHAIN - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.INDUSTRIAL BLOCKCHAIN MARKET - REVENUE AND FORECASTS TO 2028 â" APPLICATION
7.1.OVERVIEW
7.2.APPLICATION MARKET FORECASTS AND ANALYSIS
7.3.PREDICTIVE MAINTENANCE
7.3.1.Overview
7.3.2.Predictive Maintenance Market Forecast and Analysis
7.4.ASSET TRACKING AND MANAGEMENT
7.4.1.Overview
7.4.2.Asset Tracking and Management Market Forecast and Analysis
7.5.BUSINESS PROCESS OPTIMIZATION
7.5.1.Overview
7.5.2.Business Process Optimization Market Forecast and Analysis
7.6.LOGISTICS AND SUPPLY CHAIN MANAGEMENT
7.6.1.Overview
7.6.2.Logistics and Supply Chain Management Market Forecast and Analysis
7.7.REAL-TIME WORKFORCE TRACKING AND MANAGEMENT
7.7.1.Overview
7.7.2.Real-Time Workforce Tracking and Management Market Forecast and Analysis
7.8.QUALITY CONTROL AND COMPLIANCE
7.8.1.Overview
7.8.2.Quality Control and Compliance Market Forecast and Analysis
7.9.COUNTERFEIT MANAGEMENT
7.9.1.Overview
7.9.2.Counterfeit Management Market Forecast and Analysis
7.10.OTHERS
7.10.1.Overview
7.10.2.Others Market Forecast and Analysis
8.INDUSTRIAL BLOCKCHAIN MARKET - REVENUE AND FORECASTS TO 2028 â" END USER
8.1.OVERVIEW
8.2.END USER MARKET FORECASTS AND ANALYSIS
8.3.AUTOMOTIVE
8.3.1.Overview
8.3.2.Automotive Market Forecast and Analysis
8.4.ENERGY AND POWER
8.4.1.Overview
8.4.2.Energy and Power Market Forecast and Analysis
8.5.FOOD AND BEVERAGES
8.5.1.Overview
8.5.2.Food and Beverages Market Forecast and Analysis
8.6.AEROSPACE AND DEFENSE
8.6.1.Overview
8.6.2.Aerospace and Defense Market Forecast and Analysis
8.7.OTHERS
8.7.1.Overview
8.7.2.Others Market Forecast and Analysis
9.INDUSTRIAL BLOCKCHAIN MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Industrial Blockchain Market Overview
9.1.2North America Industrial Blockchain Market Forecasts and Analysis
9.1.3North America Industrial Blockchain Market Forecasts and Analysis - By Application
9.1.4North America Industrial Blockchain Market Forecasts and Analysis - By End User
9.1.5North America Industrial Blockchain Market Forecasts and Analysis - By Countries
9.1.5.1United States Industrial Blockchain Market
9.1.5.1.1United States Industrial Blockchain Market by Application
9.1.5.1.2United States Industrial Blockchain Market by End User
9.1.5.2Canada Industrial Blockchain Market
9.1.5.2.1Canada Industrial Blockchain Market by Application
9.1.5.2.2Canada Industrial Blockchain Market by End User
9.1.5.3Mexico Industrial Blockchain Market
9.1.5.3.1Mexico Industrial Blockchain Market by Application
9.1.5.3.2Mexico Industrial Blockchain Market by End User
9.2.EUROPE
9.2.1Europe Industrial Blockchain Market Overview
9.2.2Europe Industrial Blockchain Market Forecasts and Analysis
9.2.3Europe Industrial Blockchain Market Forecasts and Analysis - By Application
9.2.4Europe Industrial Blockchain Market Forecasts and Analysis - By End User
9.2.5Europe Industrial Blockchain Market Forecasts and Analysis - By Countries
9.2.5.1Germany Industrial Blockchain Market
9.2.5.1.1Germany Industrial Blockchain Market by Application
9.2.5.1.2Germany Industrial Blockchain Market by End User
9.2.5.2France Industrial Blockchain Market
9.2.5.2.1France Industrial Blockchain Market by Application
9.2.5.2.2France Industrial Blockchain Market by End User
9.2.5.3Italy Industrial Blockchain Market
9.2.5.3.1Italy Industrial Blockchain Market by Application
9.2.5.3.2Italy Industrial Blockchain Market by End User
9.2.5.4United Kingdom Industrial Blockchain Market
9.2.5.4.1United Kingdom Industrial Blockchain Market by Application
9.2.5.4.2United Kingdom Industrial Blockchain Market by End User
9.2.5.5Russia Industrial Blockchain Market
9.2.5.5.1Russia Industrial Blockchain Market by Application
9.2.5.5.2Russia Industrial Blockchain Market by End User
9.2.5.6Rest of Europe Industrial Blockchain Market
9.2.5.6.1Rest of Europe Industrial Blockchain Market by Application
9.2.5.6.2Rest of Europe Industrial Blockchain Market by End User
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Industrial Blockchain Market Overview
9.3.2Asia-Pacific Industrial Blockchain Market Forecasts and Analysis
9.3.3Asia-Pacific Industrial Blockchain Market Forecasts and Analysis - By Application
9.3.4Asia-Pacific Industrial Blockchain Market Forecasts and Analysis - By End User
9.3.5Asia-Pacific Industrial Blockchain Market Forecasts and Analysis - By Countries
9.3.5.1Australia Industrial Blockchain Market
9.3.5.1.1Australia Industrial Blockchain Market by Application
9.3.5.1.2Australia Industrial Blockchain Market by End User
9.3.5.2China Industrial Blockchain Market
9.3.5.2.1China Industrial Blockchain Market by Application
9.3.5.2.2China Industrial Blockchain Market by End User
9.3.5.3India Industrial Blockchain Market
9.3.5.3.1India Industrial Blockchain Market by Application
9.3.5.3.2India Industrial Blockchain Market by End User
9.3.5.4Japan Industrial Blockchain Market
9.3.5.4.1Japan Industrial Blockchain Market by Application
9.3.5.4.2Japan Industrial Blockchain Market by End User
9.3.5.5South Korea Industrial Blockchain Market
9.3.5.5.1South Korea Industrial Blockchain Market by Application
9.3.5.5.2South Korea Industrial Blockchain Market by End User
9.3.5.6Rest of Asia-Pacific Industrial Blockchain Market
9.3.5.6.1Rest of Asia-Pacific Industrial Blockchain Market by Application
9.3.5.6.2Rest of Asia-Pacific Industrial Blockchain Market by End User
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Industrial Blockchain Market Overview
9.4.2Middle East and Africa Industrial Blockchain Market Forecasts and Analysis
9.4.3Middle East and Africa Industrial Blockchain Market Forecasts and Analysis - By Application
9.4.4Middle East and Africa Industrial Blockchain Market Forecasts and Analysis - By End User
9.4.5Middle East and Africa Industrial Blockchain Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Industrial Blockchain Market
9.4.5.1.1South Africa Industrial Blockchain Market by Application
9.4.5.1.2South Africa Industrial Blockchain Market by End User
9.4.5.2Saudi Arabia Industrial Blockchain Market
9.4.5.2.1Saudi Arabia Industrial Blockchain Market by Application
9.4.5.2.2Saudi Arabia Industrial Blockchain Market by End User
9.4.5.3U.A.E Industrial Blockchain Market
9.4.5.3.1U.A.E Industrial Blockchain Market by Application
9.4.5.3.2U.A.E Industrial Blockchain Market by End User
9.4.5.4Rest of Middle East and Africa Industrial Blockchain Market
9.4.5.4.1Rest of Middle East and Africa Industrial Blockchain Market by Application
9.4.5.4.2Rest of Middle East and Africa Industrial Blockchain Market by End User
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.INDUSTRIAL BLOCKCHAIN MARKET, KEY COMPANY PROFILES
11.1.IBM CORPORATION
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.INTEL CORPORATION
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.MICROSOFT CORPORATION
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.FACTOM
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.WIPRO LIMITED
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.BLOCKCHAIN FOUNDRY INC.
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.XAIN AG
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.GENERAL ELECTRIC
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.ACCENTURE PLC
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.ORACLE CORPORATION
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
The List of Companies
1. IBM Corporation
2. Intel Corporation
3. Microsoft Corporation
4. Factom
5. Wipro Limited
6. Blockchain Foundry Inc.
7. XAIN AG
8. GENERAL ELECTRIC
9. Accenture PLC
10. Oracle Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For