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Blockchain Supply Chain Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 143 pages | ID: BC458E61D3E1EN
IMARC Group

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The global blockchain supply chain market size reached US$ 560.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 6,288 Million by 2028, exhibiting a growth rate (CAGR) of 46.4% during 2023-2028.

Blockchain refers to a shared peer-to-peer technology that synchronizes transaction data across networks and provides a digital database for validated and immutable transactions. Using smart contracts that get automatically triggered when pre-defined business conditions are met, it effectively automates supply chain transactions, thereby removing middlemen and promoting a direct connection between stakeholders. Blockchain supply chain also acts as an open ledger, with every transaction on the network made available in a read-only format for all the involved participants to accurately retrace to its point of origin. Therefore, it ensures optimum transparency at every level of the supply chain management, minimizes the issues encountered during goods transportation and decreases the need for information sharing via mail or any other communication platforms.

Blockchain Supply Chain Market Trends:
The global market is primarily driven by the extensive adoption of blockchain technology in retail supply chain management (SCM). This can be attributed to the growing online transactions, along with the rising demand for security and transparency in supply chain transactions. In line with this, the increasing utilization of advanced technologies, such as artificial intelligence (AI) and machine learning (ML), in business strategies is leading to a higher product uptake across SMEs. The rapid business automation is further propelling the demand for effective tracking of authentication process information, procurement data, and certifications, which, in turn, is providing an impetus to the market. In addition to this, the widespread adoption of smart devices among the masses, coupled with a considerable rise in internet subscribers, is resulting in the widespread usage of these devices for product procurement, therefore creating a positive outlook for the market. Some of the other factors contributing to the market growth include the flourishing e-commerce sector, the augmenting demand for eliminating middlemen in the supply chain, and extensive research and development (R&D) activities conducted by key players.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global blockchain supply chain market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, application and industry vertical.

Breakup by Component:

Platform
Services

Breakup by Application:

Smart Contracts
Payment and Settlement
Product Traceability
Inventory Monitoring
Compliance Management
Others

Breakup by Industry Vertical:

Retail
Manufacturing
Food and Beverages
Healthcare
Oil and Gas
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, Amazon Web Services Inc. (Amazon.com Inc.), Auxesis Group, Guardtime, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, OpenXcell, Oracle Corporation, PixelPlex, SAP SE and TIBCO Software Inc.

Key Questions Answered in This Report
1. What was the size of the global blockchain supply chain market in 2022?
2. What is the expected growth rate of the global blockchain supply chain market during 2023-2028?
3. What are the key factors driving the global blockchain supply chain market?
4. What has been the impact of COVID-19 on the global blockchain supply chain market?
5. What is the breakup of the global blockchain supply chain market based on the component?
6. What is the breakup of the global blockchain supply chain market based on the application?
7. What is the breakup of the global blockchain supply chain market based on the industry vertical?
8. What are the key regions in the global blockchain supply chain market?
9. Who are the key players/companies in the global blockchain supply chain market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL BLOCKCHAIN SUPPLY CHAIN MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1 Platform
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Services
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY APPLICATION

7.1 Smart Contracts
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Payment and Settlement
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Product Traceability
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Inventory Monitoring
  7.4.1 Market Trends
  7.4.2 Market Forecast
7.5 Compliance Management
  7.5.1 Market Trends
  7.5.2 Market Forecast
7.6 Others
  7.6.1 Market Trends
  7.6.2 Market Forecast

8 MARKET BREAKUP BY INDUSTRY VERTICAL

8.1 Retail
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Manufacturing
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Food and Beverages
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Healthcare
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Oil and Gas
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Others
  8.6.1 Market Trends
  8.6.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Accenture plc
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 SWOT Analysis
  14.3.2 Amazon Web Services Inc. (Amazon.com Inc.)
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 SWOT Analysis
  14.3.3 Auxesis Group
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 SWOT Analysis
  14.3.4 Guardtime
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 SWOT Analysis
  14.3.5 Huawei Technologies Co. Ltd.
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 SWOT Analysis
  14.3.6 International Business Machines Corporation
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 SWOT Analysis
  14.3.7 Microsoft Corporation
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 SWOT Analysis
  14.3.8 OpenXcell
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 SWOT Analysis
  14.3.9 Oracle Corporation
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 SWOT Analysis
  14.3.10 PixelPlex
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 SWOT Analysis
  14.3.11 SAP SE
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
    14.3.11.3 SWOT Analysis
  14.3.12 TIBCO Software Inc.
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio
    14.3.12.3 SWOT Analysis

LIST OF TABLES

Table 1: Global: Blockchain Supply Chain Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Blockchain Supply Chain Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Blockchain Supply Chain Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Blockchain Supply Chain Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 5: Global: Blockchain Supply Chain Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Blockchain Supply Chain Market: Competitive Structure
Table 7: Global: Blockchain Supply Chain Market: Key Players

LIST OF FIGURES

Figure 1: Global: Blockchain Supply Chain Market: Major Drivers and Challenges
Figure 2: Global: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Blockchain Supply Chain Market: Breakup by Component (in %), 2021
Figure 5: Global: Blockchain Supply Chain Market: Breakup by Application (in %), 2021
Figure 6: Global: Blockchain Supply Chain Market: Breakup by Industry Vertical (in %), 2021
Figure 7: Global: Blockchain Supply Chain Market: Breakup by Region (in %), 2021
Figure 8: Global: Blockchain Supply Chain (Platform) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Blockchain Supply Chain (Platform) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Blockchain Supply Chain (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Blockchain Supply Chain (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Blockchain Supply Chain (Smart Contracts) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Blockchain Supply Chain (Smart Contracts) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Blockchain Supply Chain (Payment and Settlement) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Blockchain Supply Chain (Payment and Settlement) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Blockchain Supply Chain (Product Traceability) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Blockchain Supply Chain (Product Traceability) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Blockchain Supply Chain (Inventory Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Blockchain Supply Chain (Inventory Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Blockchain Supply Chain (Compliance Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Blockchain Supply Chain (Compliance Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Blockchain Supply Chain (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Blockchain Supply Chain (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Blockchain Supply Chain (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Blockchain Supply Chain (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Blockchain Supply Chain (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Blockchain Supply Chain (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Blockchain Supply Chain (Food and Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Blockchain Supply Chain (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Blockchain Supply Chain (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Blockchain Supply Chain (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Blockchain Supply Chain (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Blockchain Supply Chain (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Blockchain Supply Chain (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Blockchain Supply Chain (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Blockchain Supply Chain Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Blockchain Supply Chain Market: Breakup by Country (in %), 2021
Figure 84: Middle East and Africa: Blockchain Supply Chain Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: Blockchain Supply Chain Industry: SWOT Analysis
Figure 86: Global: Blockchain Supply Chain Industry: Value Chain Analysis
Figure 87: Global: Blockchain Supply Chain Industry: Porter's Five Forces Analysis


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