Blockchain in Supply Chain Market 2026 By Size, Share, Trends, Opportunity, Forecast
According to TechSci Research report, “Global Blockchain Supply Chain Market By Type, By Provider, By Application, By End User Industry, By Region, Competition, Forecast & Opportunities, 2026”, global blockchain supply chain market is expected to grow at significant CAGR of over 80% on account of increasing implementation of blockchain in supply chain for enhancing transparency and accuracy in the system and allow tracking of order at any given time without alteration in information. Blockchain is an open and distributed ledger that can record transactions in an efficient, verifiable and permanent way. Increasing need for automating supply chain activities and eliminate middlemen is anticipated to drive global blockchain supply chain market through 2026.
Global blockchain supply chain
market can be segmented based on type, provider, application, end user industry
and region. In terms of application, global blockchain supply chain market can
be segmented into payment & settlement, counterfeit detection, product
traceability, smart contracts, risk & compliance management, and others. Of
all, smart contracts segment is expected to grow at the highest rate as it
enables companies to automate their process with reduced costs, time and
improved transaction flow. On the basis of provider, global blockchain supply
chain market is categorized into application & solution provider,
middleware provider and infrastructure & protocols provider. Application
& solution provider segment is expected to witness the fastest growth on
account of growing implementation of blockchain solutions for streamlining the
supply chain management practices.
Browse 20 market data Tables and 104 Figures spread
through 110 Pages and an in-depth TOC on “Global Blockchain
Supply Chain Market."
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Oracle Corp., Amazon Web Services, SAP SE,
Microsoft Corporation, IBM Corporation, Intel Corp., Amazon Inc., NVIDIA Corp.,
Wipro Ltd., Huawei, etc., are some of the leading players operating in
global blockchain supply chain market. Companies operating in the market are
using organic strategies such as product launches, mergers, and collaborations
to increase their share. For instance, SAP SE launched blockchain-as-a-service
(BaaS) to provide ledger technology in the cloud.
“North America is the leading region in global
blockchain supply chain market and is anticipated to continue its dominance
during forecast period as well owing to increasing adoption of technology
across various verticals, such as retail, manufacturing, healthcare, etc., and
presence of key players in the region. However, Asia-Pacific blockchain supply
chain market is expected to witness significant growth on account of
technological advancements and various ongoing projects in countries such as
China, India, etc.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
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“Global Blockchain Supply Chain Market
By Type, By Provider, By Application, By End User Industry, By Region,
Competition, Forecast & Opportunities, 2026” has evaluated the future growth potential of global blockchain supply
chain market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global blockchain
supply chain market.
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