Dublin, Jan. 27, 2024 (GLOBE NEWSWIRE) -- The "Blockchain Supply Chain - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global Blockchain Supply Chain landscape is set to experience an unprecedented compound annual growth rate (CAGR) of 44% from 2022 to 2030, according to a transformative strategic business report. The industry, valued at US$1.5 Billion in 2022, is anticipated to skyrocket to a robust valuation of US$28.1 Billion by the end of the decade. The vigorous growth trajectory highlights increased market demand and widespread adoption across various sectors.
Delving into the segments within the market, the platform solutions are forecasted to achieve a 42.7% CAGR, potentially reaching an impressive US$18 Billion by 2030. In tandem with these developments, the services segment is adjusting to the post-pandemic economic revival with an expected 46.7% CAGR through to the next 8-year period.
Geographical Market Insights
The US, at the forefront of technological adoption, stands as a significant contributor with an estimation of US$460.9 Million in 2022. Concurrently, China demonstrates exceptional growth prospects with a 41.1% CAGR, envisioning a US$4.3 Billion market by 2030. Other regions like Japan and Canada are also contributing to the global momentum with forecasted CAGRs of 37.4% and 34.9%, respectively. Europe, with Germany at the helm, is set to grow at an estimated 24.7% CAGR.
Competitive Landscape Overview
- Inclusive of 33 Featured Competitors: The report includes a comprehensive competitive analysis, profiling key players across the blockchain supply chain ecosystem.
- Global Footprint: An in-depth look at the market’s presence and performance across diverse regions and the competitive standing of key industry players internationally.
The surge in growth within the Blockchain Supply Chain market is indicative of a broader technological revolution, epitomizing innovation and advancing applications in modern business practices. As companies strive to enhance transparency, security, and efficiency, blockchain technology is increasingly becoming the cornerstone of supply chain strategies globally.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 89 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.5 Billion |
| Forecasted Market Value (USD) by 2030 | $28.1 Billion |
| Compound Annual Growth Rate | 44.2% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes
- Algorythmix
- Applied Blockchain
- Auxesis Group
- AWS
- Bitfury
- Blockverify
- BTL Group
- Chainvine
- Datex Corporation
- Digital Treasury Corporation
For more information about this report visit https://www.researchandmarkets.com/r/vf7pm5
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