Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Oct 1, 2019 1:02 PM ET

Global Blockchain in Retail Market is Expected to Reach USD 4,824.3 million by 2024, Registering a CAGR of 95.4% during 2019–2024: VynZ Research


iCrowd Newswire - Oct 1, 2019

The global blockchain in retail market is expected to grow at a CAGR of 95.4% during the forecast period with its market size predicted to reach USD 4,824.3 million by 2024.

Industry Insights by Provider (Middleware Provider, Application Provider, and Infrastructure Provider), by Application (Compliance Management, Identity Management, Loyalty and Rewards Management, Payments, Smart Contracts, Supply Chain Management, and Others)

Global blockchain in retail market has been driven by several key factors, including increasing adoption of blockchain from supply chain and retail sector, growing cases of fraudulent activities in the retail sector, increasing need to provide protection against data tempering, rise in the usage of blockchain technology to create transparent environment, and increasing demand for high efficiency and high speed in retail sector.

Globally, blockchain in retail industry players are leveraging market growth through the formulation of several policies and reforms by a government organization in various developed as well as developing economies along with entering into several partnership agreements. The key players in blockchain in retail market are launching new link for various supply chain experts. Furthermore, there are several software development enterprises that are embracing the technique at an extensive rate as it helps them in fighting against fraudulent activities.

Get a free copy of sample report: https://www.vynzresearch.com/ict-media/blockchain-in-retail-market/request-sample

Application provider category is expected to witness fastest growth during the forecast period in the blockchain in retail market

Based on provider, the global blockchain in retail market is categorized into middleware provider, application provider, and infrastructure provider, wherein application provider category is expected to witness the fastest growth during the forecast period. The growth of this segment is attributed towards increasing adoption of technologically advanced blockchain solutions in retail companies.

Geography Insight

Geographically, North America has accounted for the largest share in blockchain in retail market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed towards the existence of a large number of players of blockchain technology in the region and also it is considered as the most advanced region in terms of advanced technology adoption. Major multinational retailers such as Walmart and supply chain management/logistics companies such as UPS and FedEx in this region are adopting the blockchain technology.

Competitive Insight

Some of the key players operating in the global blockchain in retail market are IBM Corporation, Amazon Web Services, Inc., Microsoft Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, Infosys Limited, Accenture plc, Intel Corporation, BigchainDB Gmbh, Ethereum Foundation, Earthport PLC, Factom, BTL Group Ltd., Humaniq, Tierion, BlockCypher Inc., AlphaPoint, and Bitfury Group Limited.

Do you have any specific research requirements? Ask for customization:- https://www.vynzresearch.com/ict-media/blockchain-in-retail-market/customize-report

Primary Research

In the primary data collection process, there are several sources interviewed in order to obtain precise quantitative and qualitative information for this study. The primary sources those are included for the data collection of this study comprises of manufacturers, commercial growers, industry consultants and others key industry experts. There are several others sources that helped in gaining insightful information about this market are CEOs, marketing and sales directors, vice presidents, and key opinion leaders from various key companies operating in the global blockchain in retail market. Primary research in this report has been conducted for estimating market size, market dynamics and strategies adopted by the key players in this market.

Secondary Research

Secondary sources referred for this research report includes association for blockchain in retail, business filings such as financial statements, annual reports, investor presentations and trade associations. The secondary data has been used for estimating overall market size and growth of blockchain in retail market that has been authenticated with the supporting facts gathered through primary data collection.

The Report Offers:

Benefits of Report Purchase from VynZ: 

Detailed Research

We provide accurate data and in-depth analysis with all-inclusive coverage.

Robust Research Methodology

Robust research methodology and data triangulation to ensure high quality report.

Analyst Support

24*7 analyst support – Pre and post purchase of the report as well as during the project tenure.

Sales Support

24*7 sales support – Hassle free delivery of the report and quick response and support by sales team.

Free Customization

20% post purchase free customization to meet your requirements.

Customer Satisfaction

We claim full customer satisfaction as our core values lie in building long term relationship.

Security

High level of data security and confidentiality of your information.

Global Blockchain in Retail Market Coverage

Provider Insight and Forecast 2014-2024

Application Insight and Forecast 2014-2024

Geographical Segmentation

Blockchain in retail Market by Region

North America

Europe

Asia-Pacific (APAC)

Rest of the World (RoW)

 

More from VynZ Research

Global Blockchain Market Analysis and Forecast to 2024

The global blockchain market is projected to reach USD 42.0 billion by 2024, registering a CAGR of 80.0% during the forecast period. The market has been driven by several key factors, predominantly increasing the adoption of cryptocurrencies from various merchants and business organizations operating in BFSI domain. Moreover, the increasing demand of cryptocurrency is due to various benefits availed to the users such as immediate clearance and optimal settlement decisions in several financial transactions. Thereby, these factors are bolstering the growth of blockchain market across the globe at a rapid pace.

Explore more at: https://www.vynzresearch.com/ict-media/blockchain-market

Global Blockchain Government Market Analysis and Forecast to 2024

The global blockchain government market is projected to reach USD 6,399.0 million by 2024, registering a CAGR of 85.0% during the forecast period. Increasing adoption of blockchain from the government sector, and growing cases of fraudulent activities in the public sector, propelling the growth of the market.

Explore more at: https://www.vynzresearch.com/ict-media/blockchain-government-market

Global Low-Code Development Platform Market Analysis and Forecast to 2024

The global low-code development platform market is projected to reach USD 53.0 billion by 2024, registering a CAGR of 45.0% during the forecast period. Increasing internet penetration, rapid increase in the number of smartphones, and increasing need growing need for web and mobile apps for business processes, propelling the growth of the market.

Explore more at: https://www.vynzresearch.com/ict-media/low-code-development-platform-market

About VynZ Research

VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries.

Contact Us

VynZ Research

Call: 91-996-028-8381

Toll Free (U.S. and Canada): 1-888-253-3960

Email: [email protected]

Web: https://www.vynzresearch.com



Contact Information:

[email protected]






Keywords:    Global Blockchain in Retail Market, Blockchain in Retail, Retail Blockchain, Blockchain in Retail Market Size

Tags:    Extended Distribution, Research Newswire, English