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Blockchain Supply Chain Market by Application (Payment & Settlement, Counterfeit Detection, Smart Contracts, Risk & Compliance Management, and Product Traceability), Provider, Vertical, and Region - Global Forecast to 2023

Blockchain Supply Chain Market by Application (Payment & Settlement, Counterfeit Detection, Smart Contracts, Risk & Compliance Management, and Product Traceability), Provider, Vertical, and Region - Global Forecast to 2023

“The blockchain supply chain market is expected to grow at a CAGR of 87.0% during the forecast period”
MarketsandMarkets forecasts the global blockchain supply chain market to grow from USD 145.0 million in 2018 to USD 3,314.6 million by 2023, at a Compound Annual Growth Rate (CAGR) of 87.0% during the forecast period. Main growth factors for the market include an increasing need for supply chain transparency and rising demand for enhanced security of supply chain transactions. However, lack of awareness of the blockchain technology and uncertain regulatory status and standards are expected to limit the market growth.

“The product traceability application segment is estimated to have the largest market size in 2018”
The product traceability segment is estimated to hold the largest market size in 2018. By tracing and recording the product status at every stage of supply chain, the blockchain technology enables retailers and manufacturers to showcase the authenticity of the products to their consumers. Hence, product tracea bility application is rapidly being adopted across numerous verticals.

“Among industry verticals, the healthcare and life sciences vertical is expected to record growth at the highest rate during the forecast period”
The healthcare and life sciences vertical is expected to grow at the highest CAGR during the forecast period, as blockchain supply chain offerings enable healthcare and pharmaceutical companies to reduce the illegal activities, such as illegal production of harmful medicines and counterfeit drugs, by criminal enterprises, improper stock control, and lack of visibility and transparency across the supply chain.

“North America is expected to account for the largest market share, while Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period”
North America is estimated to have the largest market size in 2018 followed by Europe, owing to technology developments in these regions. North America is an early adopter of emerging technologies. Being a hub for innovations, combined with its developed capital markets and financial setup, North America presents significant growth opportunities for blockchain supply chain vendors to expand their presence. The adoption of blockchain supply chain offerings is expected to increase in APAC and Latin America. Globalization and the developing economies in these regions are expected to drive the adoption of blockchain supply chain tools and services.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the blockchain supply chain market.

 By company: Tier 1- 15%, Tier 2- 32%, Tier 3- 53%
 By designation: C-Level- 38%, D-Level- 30%, Others- 32%
 By region: North America- 20%, Europe- 38%, APAC- 32%, RoW- 10%

Some of the major technology vendors include IBM (US), Microsoft (US), Oracle (US), SAP SE (Germany), AWS (US), Huawei (China), Bitfury (Netherlands), Auxesis Group (India), TIBCO Software (US), BTL Group (Canada), Applied Blockchain (UK), Guardtime (Estonia), Nodalblock (Spain), Peer Ledger (Canada), Blockverify (UK), TransChain (France), RecordsKeeper (Spain), Datex (US), Ownest (France), Omnichain (US), Traceparency (France), Digital Treasury Corporation (China), Chainvine (UK), VeChain (China), and OpenXcell (US).

Research Coverage:
The global blockchain supply chain market is segmented on the basis of providers, applications, industry verticals, and regions. The scope of the report is to cover detailed information related to the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the blockchain supply chain market. A detailed analysis of the key industry players has been accomplished to provide insights into their business overviews, key strategies, new product launches, mergers and acquisitions, partnerships, agreements, and collaborations, and other developments associated with the blockchain supply chain market.

Reasons to buy the report:
The report would help the market leaders/new entrants in the market in the following ways:
1. The report segments the global blockchain supply chain market comprehensively and provides the closest approximations of the revenue numbers for the overall market and its subsegments. The market numbers are further split across different industries and regions.
2. The report helps stakeholders understand the pulse of the market and provides information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders better understand their competitors and gain more insights for improving their business positions. There is a separate section on the competitive landscape that includes competitor ecosystem, and mergers and acquisitions. Besides, there are company profiles of over 25 players who offer blockchain supply solutions in this market. In this section, market internals are provided that can place stakeholders ahead of their competitors.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
      • Table UNITED STATES DOLLAR EXCHANGE RATE, 2015–2017
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table BLOCKCHAIN SUPPLY CHAIN MARKET SIZE AND GROWTH RATE, 2016–2023 (USD MILLION, Y-O-Y %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE BLOCKCHAIN SUPPLY CHAIN MARKET
    • BLOCKCHAIN SUPPLY CHAIN MARKET, BY PROVIDER
    • BLOCKCHAIN SUPPLY CHAIN MARKET, BY APPLICATION
    • BLOCKCHAIN SUPPLY CHAIN MARKET, BY REGION
    • INVESTMENT OPPORTUNITIES IN THE BLOCKCHAIN SUPPLY CHAIN MARKET
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • MARKET OVERVIEW
      • MARKET DYNAMICS
    • INDUSTRY TRENDS
      • BLOCKCHAIN SUPPLY CHAIN MARKET: TOP TRENDS
      • BLOCKCHAIN SUPPLY CHAIN MARKET: USE CASES
      • ADVANTAGES OF BLOCKCHAIN IN SUPPLY CHAIN MANAGEMENT
  • BLOCKCHAIN SUPPLY CHAIN MARKET, BY PROVIDER
    • INTRODUCTION
      • Table BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
    • APPLICATION AND SOLUTION PROVIDERS
      • Table APPLICATION AND SOLUTION PROVIDERS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • MIDDLEWARE PROVIDERS
      • Table MIDDLEWARE PROVIDERS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • INFRASTRUCTURE AND PROTOCOLS PROVIDERS
      • Table INFRASTRUCTURE AND PROTOCOLS PROVIDERS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • BLOCKCHAIN SUPPLY CHAIN MARKET, BY APPLICATION
    • INTRODUCTION
      • Table BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • PAYMENT AND SETTLEMENT
      • Table PAYMENT AND SETTLEMENT: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • COUNTERFEIT DETECTION
      • Table COUNTERFEIT DETECTION: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • PRODUCT TRACEABILITY
      • Table PRODUCT TRACEABILITY: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SMART CONTRACTS
      • Table SMART CONTRACTS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • RISK AND COMPLIANCE MANAGEMENT
      • Table RISK AND COMPLIANCE MANAGEMENT: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • BLOCKCHAIN SUPPLY CHAIN MARKET, BY INDUSTRY VERTICAL
    • INTRODUCTION
      • Table BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
    • RETAIL AND CONSUMER GOODS
      • Table RETAIL AND CONSUMER GOODS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • HEALTHCARE AND LIFE SCIENCES
      • Table HEALTHCARE AND LIFE SCIENCES: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • MANUFACTURING
      • Table MANUFACTURING: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OIL AND GAS
      • Table OIL AND GAS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2013–2026 (USD MILLION)
    • LOGISTICS
      • Table LOGISTICS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2013–2026 (USD MILLION)
    • OTHERS
      • Table OTHERS: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • BLOCKCHAIN SUPPLY CHAIN MARKET, BY REGION
    • INTRODUCTION
      • Table BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • BY PROVIDER
        • Table NORTH AMERICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table NORTH AMERICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY INDUSTRY VERTICAL
        • Table NORTH AMERICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
    • EUROPE
      • BY PROVIDER
        • Table EUROPE: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table EUROPE: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY INDUSTRY VERTICAL
        • Table EUROPE: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
    • ASIA PACIFIC
      • BY PROVIDER
        • Table ASIA PACIFIC: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table ASIA PACIFIC: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY INDUSTRY VERTICAL
        • Table ASIA PACIFIC: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table ASIA PACIFIC: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
    • LATIN AMERICA
      • BY PROVIDER
        • Table LATIN AMERICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table LATIN AMERICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY INDUSTRY VERTICAL
        • Table LATIN AMERICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table LATIN AMERICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • BY PROVIDER
        • Table MIDDLE EAST AND AFRICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY PROVIDER, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table MIDDLE EAST AND AFRICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY INDUSTRY VERTICAL
        • Table MIDDLE EAST AND AFRICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
      • COUNTRY
        • Table MIDDLE EAST AND AFRICA: BLOCKCHAIN SUPPLY CHAIN MARKET SIZE, BY SUBREGION, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • BLOCKCHAIN SUPPLY CHAIN MARKET: PROMINENT PLAYERS
      • Table KEY PLAYERS IN THE BLOCKCHAIN SUPPLY CHAIN MARKET
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES AND PRODUCT UPGRADATIONS
        • Table NEW PRODUCT LAUNCHES AND PRODUCT UPGRADATIONS, 2017–2018
      • PARTNERSHIPS AND COLLABORATIONS
        • Table PARTNERSHIPS AND COLLABORATIONS, 2017–2018
      • ACQUISITIONS
        • Table ACQUISITIONS, 2016
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2016-2017
  • COMPANY PROFILES
    • IBM
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MICROSOFT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SAP SE
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AWS
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HUAWEI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ORACLE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • GUARDTIME
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TIBCO SOFTWARE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • MNM VIEW
    • AUXESIS GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BTL GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BITFURY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OMNICHAIN
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
    • VECHAIN FOUNDATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • CHAINVINE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • DIGITAL TREASURY CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • BLOCKVERIFY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • NODALBLOCK
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • PEER LEDGER
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • OPENXCELL
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENT
    • APPLIED BLOCKCHAIN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • RECORDSKEEPER
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • TRANSCHAIN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • DATEX CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • OWNEST
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • TRACEPARENCY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • ALGORYTHMIX
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATION
    • RELATED REPORTS
    • AUTHOR DETAILS

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