Blockchain in Retail Market Research Report – Global Forecast till 2027

Blockchain in Retail Market Research Report: By Type (Public, Private, Consortium), by Platform (Bitcoin, Ripple, Ethereum, R3 Corda, Hyperledger Fabric, Multichain, Quorum and others), by Organization Size (Large Enterprises, SMEs), by Application (Compliance Management, Database Management, Auditing, Payment management, Inventory management, Loyalty and Rewards management, Fraud management and Others) - Forecast till 2028

ID: MRFR/ICT/6234-HCR | September 2022 | Region: Global | 100 Pages         

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Blockchain in Retail Market

5 Market Overview of Global Blockchain in Retail Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Blockchain in Retail Market by Type

7.1 Introduction

7.2 Public

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast , by Region, 2020–2027

7.3 Private

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast , by Region, 2020–2027

7.4 Consortium

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast , by Region, 2020–2027

8. Global Blockchain in Retail Market , by Platform

8.1 Introduction

8.2 Bitcoin

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast , by Region, 2020–2027

8.3 Ripple

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast , by Region, 2020–2027

8.4 Ethereum

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast , by Region, 2020–2027

8.5 R3 Corda

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast , by Region, 2020–2027

8.6 Hyperledger Fabric

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast , by Region, 2020–2027

8.7 Multichain

8.7.1 Market Estimates & Forecast, 2020–2027

8.7.2 Market Estimates & Forecast , by Region, 2020–2027

8.8 Quorum

8.8.1 Market Estimates & Forecast, 2020–2027

8.8.2 Market Estimates & Forecast , by Region, 2020–2027

8.9 Others

8.9.1 Market Estimates & Forecast, 2020–2027

8.9.2 Market Estimates & Forecast , by Region, 2020–2027

9. Global Blockchain in Retail Market , by Organization size

9.1 Introduction

9.2 Large enterprises

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast , by Region, 2020–2027

9.3 SMEs

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast , by Region, 2020–2027

10. Global Blockchain in Retail Market , by Application

10.1 Introduction

10.2 Compliance management

10.2.1 Market Estimates & Forecast, 2020–2027

10.2.2 Market Estimates & Forecast , by Region, 2020–2027

10.3 Database management

10.3.1 Market Estimates & Forecast, 2020–2027

10.3.2 Market Estimates & Forecast , by Region, 2020–2027

10.4 Auditing

10.4.1 Market Estimates & Forecast, 2020–2027

10.4.2 Market Estimates & Forecast , by Region, 2020–2027

10.5 Payment management

10.5.1 Market Estimates & Forecast, 2020–2027

10.5.2 Market Estimates & Forecast , by Region, 2020–2027

10.6 Inventory management

10.6.1 Market Estimates & Forecast, 2020–2027

10.6.2 Market Estimates & Forecast , by Region, 2020–2027

10.7 Loyalty and rewards management

10.7.1 Market Estimates & Forecast, 2020–2027

10.7.2 Market Estimates & Forecast , by Region, 2020–2027

10.8 Fraud management

10.8.1 Market Estimates & Forecast, 2020–2027

10.8.2 Market Estimates & Forecast , by Region, 2020–2027

10.9 Others

10.9.1 Market Estimates & Forecast, 2020–2027

10.9.2 Market Estimates & Forecast , by Region, 2020–2027

11. Blockchain in Retail Market , by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast, by Country, 2020–2027

11.2.1 Market Estimates & Forecast, by Type, 2020–2027

11.2.2 Market Estimates & Forecast , by Platform, 2020–2027

11.2.3 Market Estimates & Forecast , by Organization Size, 2020–2027

11.2.4 Market Estimates & Forecast , by Application, 2020–2027

11.2.5 US

11.2.5.1 Market Estimates & Forecast by Type, 2020–2027

11.2.5.2 Market Estimates & Forecast by Platform, 2020–2027

11.2.5.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.5.4 Market Estimates & Forecast by Application, 2020–2027

11.2.6 Canada

11.2.6.1 Market Estimates & Forecast by Type, 2020–2027

11.2.6.2 Market Estimates & Forecast by Platform, 2020–2027

11.2.6.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.6.4 Market Estimates & Forecast by Application, 2020–2027

11.2.7 Mexico

11.2.7.1 Market Estimates & Forecast by Type, 2020–2027

11.2.7.2 Market Estimates & Forecast by Platform, 2020–2027

11.2.7.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.7.3 Market Estimates & Forecast by Application, 2020–2027

11.3 Europe

11.3.1 Market Estimates & Forecast by Country, 2020–2027

11.3.2 Market Estimates & Forecast by Type, 2020–2027

11.3.3 Market Estimates & Forecast by Platform, 2020–2027

11.3.4 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.5 Market Estimates & Forecast by Application, 2020–2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast by Type, 2020–2027

11.3.6.2 Market Estimates & Forecast by Platform, 2020–2027

11.3.6.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.6.4 Market Estimates & Forecast by Application, 2020–2027

11.3.7 France

11.3.7.1 Market Estimates & Forecast by Type, 2020–2027

11.3.7.2 Market Estimates & Forecast by Platform, 2020–2027

11.3.7.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.7.4 Market Estimates & Forecast by Application, 2020–2027

11.3.8 UK

11.3.8.1 Market Estimates & Forecast by Type, 2020–2027

11.3.8.2 Market Estimates & Forecast by Platform, 2020–2027

11.3.8.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.8.4 Market Estimates & Forecast by Application, 2020–2027

11.3.9 Rest of Europe

11.3.9.1 Market Estimates & Forecast by Type, 2020–2027

11.3.9.2 Market Estimates & Forecast by Platform, 2020–2027

11.3.9.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.9.4 Market Estimates & Forecast by Application, 2020–2027

11.4 Asia-Pacific

11.4.1 Market Estimates & Forecast by Country, 2020–2027

11.4.2 Market Estimates & Forecast by Type, 2020–2027

11.4.3 Market Estimates & Forecast by Platform, 2020–2027

11.4.4 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.5 Market Estimates & Forecast by Application, 2020–2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast by Type, 2020–2027

11.4.6.2 Market Estimates & Forecast by Platform, 2020–2027

11.4.6.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.6.4 Market Estimates & Forecast by Application, 2020–2027

11.4.7 Japan

11.4.7.1 Market Estimates & Forecast by Type, 2020–2027

11.4.7.2 Market Estimates & Forecast by Platform, 2020–2027

11.4.7.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.7.4 Market Estimates & Forecast by Application, 2020–2027

11.4.8 India

11.4.8.1 Market Estimates & Forecast by Type, 2020–2027

11.4.8.2 Market Estimates & Forecast by Platform, 2020–2027

11.4.8.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.8.4 Market Estimates & Forecast by Application, 2020–2027

11.4.9 Rest of Asia-Pacific

11.4.9.1 Market Estimates & Forecast by Type, 2020–2027

11.4.9.2 Market Estimates & Forecast by Platform, 2020–2027

11.4.9.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.9.4 Market Estimates & Forecast by Application, 2020–2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast by Country, 2020–2027

11.5.2 Market Estimates & Forecast by Type, 2020–2027

11.5.3 Market Estimates & Forecast by Platform, 2020–2027

11.5.4 Market Estimates & Forecast by Organization Size, 2020–2027

11.5.5 Market Estimates & Forecast by Application, 2020–2027

11.5.6 The Middle East & Africa

11.5.6.1 Market Estimates & Forecast by Type, 2020–2027

11.5.6.2 Market Estimates & Forecast by Platform, 2020–2027

11.5.6.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.5.6.4 Market Estimates & Forecast by Application, 2020–2027

11.5.7 South America

11.5.7.1 Market Estimates & Forecast by Type, 2020–2027

11.5.7.2 Market Estimates & Forecast by Platform, 2020–2027

11.5.7.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.5.7.4 Market Estimates & Forecast by Application, 2020–2027

12. Company Profiles

12.1 IBM Corporation

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.1.6 Key Strategies

12.2 Microsoft Corporation

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.2.6 Key Strategies

12.3 SAP SE

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.3.5 SWOT Analysis

12.3.6 Key Strategies

12.4 Amazon Web Services

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.4.5 SWOT Analysis

12.4.6 Key Strategies

12.5 Oracle Corporation

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.5.6 Key Strategies

12.6 Bitfury USA Inc.

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.6.6 Key Strategies

12.7 Cisco Systems Inc.

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.7.6 Key Strategies

12.8 Cegeka

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.8.6 Key Strategies

12.9 Auxesis Group

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.9.6 Key Strategies

12.10 Blockpoint Systems

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.10.6 Key Strategies

12.11 BlockApps

12.11.1 Company Overview

12.11.2 Product/Business Segment Overview

12.11.3 Financial Updates

12.11.4 Key Developments

12.11.5 SWOT Analysis

12.11.6 Key Strategies

12.12 R3

12.12.1 Company Overview

12.12.2 Product/Business Segment Overview

12.12.3 Financial Updates

12.12.4 Key Developments

12.12.5 SWOT Analysis

12.12.6 Key Strategies

12.13 Tata Consultancy Services Limited

12.13.1 Company Overview

12.13.2 Product/Business Segment Overview

12.13.3 Financial Updates

12.13.4 Key Developments

12.13.5 SWOT Analysis

12.13.6 Key Strategies

12.14 Coin Sciences Ltd

12.14.1 Company Overview

12.14.2 Product/Business Segment Overview

12.14.3 Financial Updates

12.14.4 Key Developments

12.14.5 SWOT Analysis

12.14.6 Key Strategies

12.15 Cognizant

12.15.1 Company Overview

12.15.2 Product/Business Segment Overview

12.15.3 Financial Updates

12.15.4 Key Developments

12.15.5 SWOT Analysis

12.15.6 Key Strategies

13 Conclusion

 

LIST OF TABLES

Table1 Global Blockchain in Retail Market: , by Country, 2020–2027

Table2 North America: Blockchain in Retail Market by Country, 2020–2027

Table3 Europe Blockchain in Retail Market: , by Country, 2020–2027

Table4 Asia-Pacific Blockchain in Retail Market by Country, 2020–2027

Table5 The Middle East & Africa Blockchain in Retail Market by Country, 2020–2027

Table6 South America Blockchain in Retail Market by Country, 2020–2027

Table7 North America: Blockchain in Retail Market by Country, 2020–2027

Table8 North America: Blockchain in Retail Market by Type, 2020–2027

Table9 North America: Blockchain in Retail Market by Platform, 2020–2027

Table10 North America: Blockchain in Retail Market by Organization size, 2020–2027

Table11 North America: Blockchain in Retail Market by Application, 2020–2027

Table12 Europe: Blockchain in Retail Market by Country, 2020–2027

Table13 Europe: Blockchain in Retail Market by Type, 2020–2027

Table14 Europe: Blockchain in Retail Market by Platform, 2020–2027

Table15 Europe: Blockchain in Retail Market by Organization size, 2020–2027

Table16 Europe: Blockchain in Retail Market by Application, 2020–2027

Table17 Asia-Pacific: Blockchain in Retail Market by Country, 2020–2027

Table18 Asia-Pacific: Blockchain in Retail Market by Type, 2020–2027

Table19 Asia-Pacific: Blockchain in Retail Market by Platform, 2020–2027

Table20 Asia-Pacific: Blockchain in Retail Market by Organization size, 2020–2027

Table21 Asia-Pacific: Blockchain in Retail Market by Application, 2020–2027

Table22 The Middle East & Africa: Blockchain in Retail Market by Country, 2020–2027

Table23 The Middle East & Africa: Blockchain in Retail Market by Type, 2020–2027

Table24 The Middle East & Africa: Blockchain in Retail Market by Platform, 2020–2027

Table25 The Middle East & Africa: Blockchain in Retail Market by Organization Size, 2020–2027

Table26 The Middle East & Africa: Blockchain in Retail Market by Application, 2020–2027

Table27 South America: Blockchain in Retail Market by Country, 2020–2027

Table28 South America: Blockchain in Retail Market by Type, 2020–2027

Table29 South America: Blockchain in Retail Market by Platform, 2020–2027

Table30 South America: Blockchain in Retail Market by Organization size, 2020–2027

Table31 South America: Blockchain in Retail Market by Application, 2020–2027

LIST OF FIGURES

FIGURE 1 Global Blockchain in Retail market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Blockchain in Retail Market

FIGURE 4 Value Chain of Global Blockchain in Retail Market

FIGURE 5 Share of Blockchain in Retail Market in 2020 by Country (in %)

FIGURE 6 Global Blockchain in Retail Market, 2020–2027,

FIGURE 7 Global Blockchain in Retail Market size by Type, 2020

FIGURE 8 Share of Global Blockchain in Retail Market by Type, 2020 to 2027

FIGURE 9 Global Blockchain in Retail Market size by Platform, 2020

FIGURE 10 Share of the Global Blockchain in Retail Market by Platform, 2020 to 2027

FIGURE 11 Global Blockchain in Retail Market Size by Organization Size, 2020

FIGURE 12 Share of the Global Blockchain in Retail Market , by Organization Size, 2020 to 2027

FIGURE 13 Global Blockchain in Retail Market Size by Application, 2020

FIGURE 14 Share of Global Blockchain in Retail Market , by Application, 2020 to 2027

Blockchain in Retail Market

Blockchain in Retail Market is Expected to Reach 4.63 Billion with 89.9% CAGR during the forecast period 2021-2028.

Segmentation

By Type Public Private Consortium
By Platform Bitcoin Ripple Ethereum R3 Corda Hyperledger Fabric Multichain Quorum And Others
By Organization Size Large Enterprises Sm Es
By Application Compliance Management Database Management Auditing Payment Management Inventory Management Loyalty And Rewards Management Fraud Management And Others

Key Players

  • Tata Consultancy Services Limited (India)
  • Microsoft Corporation (US)
  • Guardtime (US)
  • Oracle Corporation (US)
  • Amazon Web Services (US)
  • BlockApp (US)
  • Bitpay (US)
  • Microsoft Corporation (US)
  • Bitfury USA Inc. (US)
  • Cognizant (US)
  • Cisco Systems (US)

Drivers

  • The rising use of blockchain technology
  • The enhance the regular business process
  • Provide huge opportunities
Speak to Analyst Request a Free Sample

Blockchain in Retail Market Overview


The Blockchain in Retail Market is anticipated to grow at a CAGR of 89.9% during the forecast period. According to the MRFR analysis, the market value will reach up to USD 4.63 Billion during the forecast period 2021-2028. Various growing factors are propelling the market growth at a substantial rate. The growing demand to smoothen the workflow by streamlining the process is among the main factors for growth.


Various technologies such as order and payment management, incorporation of supply chain visibility, database management, product safety, and authenticity and safety among the e-commerce business are supporting the growth. It helps in providing instant and smooth transaction of data efficiently. It helps to keep track of the transactions and also builds trust among the supply chain distributors and retailers.


Thus, the blockchain in retail market has a huge potential to influence the functioning of the business. The retailers are also offering blockchain applications that help them to target their audience and enhance their experience. However, there may be some restraining factors, but the market will influence Blockchain in Retail Market Profit.


COVID-19 Analysis


The outbreak of COVID-19 disease adversely affected the Blockchain in Retail Market Sales. Various organizations shifted their business online that largely increased the demand for a holistic system. As a result, the Blockchain in the Retail Market observed significant growth with its various simplified solutions. Also, with the increasing use of digitalization, the market will record exponential growth during the forecast period.


Market Dynamics


Market Drivers


Several driving factors will promote the Blockchain in Retail Market Growth in the upcoming years. The major driving factors are the rising use of blockchain technology that is used by several retails. It is because it helps to enhance the regular business process such as database management, supply chain, inventory management, and many more. Thus, the market will register significant growth in the upcoming years.


Restraints


One of the major restraints for the blockchain in retail market is evaluated to slow down the market growth is the concern regarding data safety. Also, the availability of other solutions can hinder market growth at a certain rate.


Opportunities


The Blockchain in the Retail Market will provide huge opportunities for retailers across the world. It will establish trust and ensure quality, product safety, and authenticity. The distributors in the supply chain will be able to make automated payments and help to forecast the right amount of products. They are largely adopted by various grocery stores and supermarkets to establish trust among their customers. Hence, the customers can track their products easily.


Challenges


The blockchain in retail market has huge potential to flourish in the upcoming years. Some challenges will remain that can hinder the market growth. One of the major challenges that will arise is that tracking the number of loyalty programs. The retailers offer rewards and loyalty points to their customers to improve their services and customer satisfaction. But, later it becomes difficult to track the loyalty number which can be challenging to improve their services.


Cumulative Analysis


It is anticipated that the Blockchain in the Retail Market will register a beneficial growth of 89.9% CAGR in the upcoming period. According to the MRFR analysis, the market will expand up to USD 4.63 Billion during the forecast period 2021-2028.


Value Chain Analysis


The growing Blockchain in Retail Market Trends among enterprises is promoting market growth. It helps to enhance the workflow by instant transfer of data and keep a track of products. It helps to make automated payments for the enterprises as well. The retailers will be able to target their audience and cut down the risks of fraudulent activities. So, as the demand for blockchain technology will increases, its value will increase simultaneously.


Market Segmentations


The Blockchain in Retail Market Segments is divided into application, organizations, platform, and type.


On the basis of organizations, the Blockchain in the Retail Industry is segmented into Small and Medium Enterprises and Large Enterprises.


On the basis of platform, the Blockchain in Retail Market is further classified into R3, Corda, Bitcoin, Hyperledger, Ripple, Multichain, Fabric, and Others


Based upon the type, the Blockchain in Retail Industry is sub-segmented into Consortium, Public and Private.


Based upon applications, the Blockchain in Retail Business is bifurcated into Rewards and Loyalty Management, Compliance Management, Inventory Management, Payment Management, Auditing, Fraud Management, and Database Management


Regional Analysis


The Blockchain in Retail Market Size is divided into North America, Asia-Pacific, Europe, and the Rest of the World. It is evaluated that North America will dominate the market in the upcoming years. It is because of the presence of several retail enterprises in countries in countries like Canada and the US. Also, the early adoption of new technology promotes the blockchain in retail market.


After that, Europe holds the second position for the market share in the blockchain market. The rising investments and demand for a better system to enhance the customer are driving the market growth. Important countries like France, UK, Germany, Spain, Italy are driving the market.


However, the Asia-Pacific region will record substantial growth in the upcoming years. With the growing infrastructure and rapid development of industries, the region will drive huge benefits in the upcoming years.


Along with that, Blockchain in Retail Industry in the Middle East and African region is also expected to register significant growth. The growing infrastructure and awareness of new technology are further promoting market growth. Also, the growing investments by enterprises for streamlining the workflow are the vital reason for the gradual growth.


Competitive Landscape


There are various companies that are fuelling the growth with new techniques and innovation. They are focusing to develop advanced solutions and expand their business portfolio. Market strategies such as partnerships, mergers, product launches, acquisitions and many more are improve their brand image. These are crucial Blockchain in Retail Market Players-



  • Tata Consultancy Services Limited (India)

  • Microsoft Corporation (US)

  • Guardtime (US)

  • Oracle Corporation (US)

  • Amazon Web Services (US)

  • BlockApp (US)

  • Bitpay (US)

  • Microsoft Corporation (US)

  • Bitfury USA Inc. (US)

  • Cognizant (US)

  • Cisco Systems (US)

  • Blockpoint Systems (US)

  • Coin Sciences Ltd. (UK)

  • SAP SE (Germany)

  • IBM Corpration (US)


 


Recent Developments



  • In 2019, Dixy a renowned blockchain company in Russia announced the implementation of blockchain technology in its company. It is implemented with factories and suppliers.

  • A renowned company “Nestle” announced its partnership with OpenSC which is a popular blockchain provider. This partnership is aimed to improve the ledger system.


Report Overview


The report overview of the Blockchain in Retail Market Analysis is written in the following-



  • Market Overview

  • COVID-19 Analysis

  • Dynamics of the Market

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Analysis

  • Recent Development


Report Score and Segmentation



  • Study Period- 2021-2028

  • Base Year-2021

  • Forecast Period- 2021-2028

  • Historical Period-2019-2020


The score of the report gives insight into the Blockchain in Retail Business during the forecast period.  The report is made by gathering information from secondary and primary sources. Along with that, the report further gives significant information about the key players in the market.


Segmentation



  • By Organisation Size

  • Small and Medium Enterprises

  • Large Enterprises


 



  • By Type

  • Consortium

  • Public

  • Private


 



  • By Application

  • Rewards and Loyalty Management

  • Compliance Management

  • Inventory Management

  • Payment Management

  • Auditing

  • Fraud Management

  • Database Management


 



  • By Platform

  • R3

  • Corda

  • Bitcoin

  • Hyperledger

  • Ripple

  • Multichain

  • Fabric

  • Others


 



  • By Region

  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 4.63 Billion
  CAGR   CAGR 89.9%
  Base Year   2020
  Forecast Period   2021-2028
  Historical Data   2019
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Platform
  Geographies Covered   North America, Europe, Asia-Pacific
  Key Vendors   Tata Consultancy Services Limited (India) Microsoft Corporation (US) Guardtime (US) Oracle Corporation (US) Amazon Web Services (US) BlockApp (US) Bitpay (US) Microsoft Corporation (US) Bitfury USA Inc. (US) Cognizant (US) Cisco Systems (US)
  Key Market Opportunities   The Blockchain in the Retail Market will provide huge opportunities for retailers across the world.
  Key Market Drivers   The major driving factors are the rising use of blockchain technology that is used by several retails.


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

Blockchain in Retail Market is expected to escalate at a CAGR of 89.9% and will reach USD 4.63 Billion by 2028.

The blockchain in retail market can value at USD 1.76 Bn by 2024.

Cisco Systems Inc., Auxesis Group, and Cegeka are some reputed names in the blockchain in retail market.

Enterprises are actively deploying license management solutions; which cam prompt the global blockchain in retail market expansion.

The North America blockchain in retail market can surge due to the growing adoption of blockchain technology.