Blockchain In Retail Market Scope And Analysis

Report Code : TIPRE00003060
Category : Banking, Financial Services, and Insurance

No. of Pages : 150

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Blockchain in Retail Market Analysis and Growth - 2031

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Blockchain in Retail Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 329.27 million
Market Size by 2031	US$ 7518.33 million
Global CAGR (2023 - 2031)	47.8%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Application Compliance Management Smart Contract Supply Chain and Inventory Management Transaction Management Automated Customer Service Identity Management
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	IBM AWS Oracle Microsoft SAP Bitfury Sofocle Cegeka BitPay BigchainDB

The "Blockchain in Retail Market Analysis" was carried out based on core investment strategies and geography. In terms of application, the market is segmented into compliance management, smart contracts, supply chain and inventory management, transaction management, automated customer service, and identity management. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Blockchain in Retail

Market News and Recent Developments

Companies adopt inorganic and organic strategies such as mergers and acquisitions in the Blockchain in Retail market. A few recent key market developments are listed below:

In October 2018, following 18 months of development, IBM officially unveiled Food Trust, a blockchain-based food tracking network. In the same release, the firm disclosed that Carrefour, another large grocery retailer, will join their ecosystem. The France-based corporation, which has over 12,000 stores in 33 countries, will begin testing blockchain in its locations.

[Source: IBM, Company Website]

Blockchain in Retail

Market Report Coverage & Deliverables

The market report "Blockchain in Retail Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-

Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
Market dynamics such as drivers, restraints, and key opportunities.
Key future trends.
Detailed PEST & SWOT analysis
Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
Detailed company profiles.