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Global Blockchain Technology Category - Procurement Market Intelligence Report

Global Blockchain Technology Category - Procurement Market Intelligence Report

About Blockchain Technology Market

Conventionally, all monetary transactions have been carried out through financial intermediaries such as banks. But, the presence of intermediaries often leads to delays in the processing of transactions and increases the cost. By using blockchain technology, all transactions are carried out through cryptographic codes known as keys. These keys are unique for each user and allow users to easily transact with each other, without relying on an intermediary.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Blockchain Technology Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Blockchain Technology Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

  • Low transaction costs and easy processes
  • For a full, detailed list, view our report
Category constraints
  • Investment in computing power
  • For a full, detailed list, view our report
Procurement best practices
  • Being a member of an industry consortium
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?


Press Release

SpendEdge Announces the Publication of its Procurement Research Report – Global Blockchain Technology Category - Procurement Market Intelligence Report 2017-2021.

SpendEdge recognizes the following companies as the key suppliers in the Global Blockchain Technology Category - Procurement Market Intelligence Report: Microsoft, IBM, Deloitte, Accenture, and Capgemini.

Commenting on the report, an analyst from SpendEdge said: “Organizations should try to implement a private blockchain by being a member of an industry consortium. This divides the operational costs among the participants and leads to a viable ecosystem, providing sustainability to a commercialized solution.”

According to the report, one of the key growth contributors for the global blockchain technology market is the low transaction cost offered by it. By using blockchain technology, all transactions are carried out through cryptographic codes known as keys. These keys are unique for each user and allow users to easily transact with each other, without relying on an intermediary.

Further, the report states that a major procurement challenge faced by the buyers is the consistent need to invest in computing power. As the number of transactions grow, the computing power requirements keep going up. This increases the cost per transaction and can easily erode any cost savings incurred by being a part of the blockchain.

Companies Mentioned

Microsoft, IBM, Deloitte, Accenture, and Capgemini.

PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Global Molasses Production Hubs
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
Microsoft
IBM
Deloitte
Accenture
Capgemini
PART 8: APPENDIX
Glossary
Key Notes
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