Global Blockchain Technology Market in the Agriculture Sector 2018-2022
About Blockchain Technology in the Agriculture Sector
Blockchain technology is a digital and decentralized record keeping system that can handle data and contracts. In the agriculture sector, farmers can use blockchain technology to track the logistics of crops, thereby establishing a direct link with customers.
Technavio’s analysts forecast the Global Blockchain Technology Market in the Agriculture Sector to grow at a CAGR of 56.4% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the blockchain technology market in the agricultural sector. To calculate the market size, the report considers the revenue generated from the retail sales of public blockchain technology, private blockchain technology, and consortium blockchain technology across the globe.
The market is divided into the following segments based on geography:
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