Blockchain technology market in the transport and logistics industry: North America to take 55% market share | The marine segment will be important for revenue generation

NEW YORK, June 14, 2022 / PRNewswire / – The blockchain technology market in the transport and logistics industry, segmented by Application (sea, land, etc.) and Geography (North America, EuropeAPAC and South America) has been added to Technavio’s offerings. The blockchain technology market in the transport and logistics industry Increases the share of marine segment is of great importance for revenue generation. Growing concerns in shipping about security and transparency are encouraging the deployment of blockchain technology in delivery processes, as blockchain technology operates in a safe and programmed environment. Because blockchain technology uses complex data encryption procedures, it is impossible to hack or modify data when it is present in a blockchain. This factor is leading to the growing adoption of blockchain technology in shipping.

Technavio has announced its latest market research report, entitled Blockchain Technology Market in the Transport and Logistics Industry by Way and Geography – Forecast and Analysis 2021-2025

To understand the market contribution of each segment – Download a sample now!

Blockchain Technology Market in the Transport and Logistics Industry Market 2021-2025: Scope

The report on the blockchain technology market in the transport and logistics industry covers the following areas:

Frequently Asked Questions:

  • What are the main market trends?
    The key market trend for the blockchain technology market in the transport and logistics industry is the emergence of blockchain-as-a-service (BaaS).

  • How fast is the market expected to grow?
    The market share of blockchain technologies in the transport and logistics industry is expected to increase by $ 888.97 million million from 2020 to 2025, and the momentum of market growth will accelerate at CAGR of 49.93%.

  • Who are the best players in the market?
    Accenture Plc, Capgemini SE, Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd., Tencent Holdings Ltd. and Wipro Ltd. are one of the main players in the market.

  • What is the main engine on the market?
    The growing use of blockchain tracking technology in particular is driving the blockchain technology market to grow in the transport and logistics industry market.

  • How big is the market in North America?
    55% of market growth will come from North America during the forecast period. USA and Canada are the key markets for the market in North America. Market growth in this region will be faster than market growth in the regions.

Blockchain Technology Market in the Transport and Logistics Industry Market 2021-2025: Segmentation

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Get ready to achieve excellent business results from this exclusive Blockchain technology market in the transport and logistics industry Technavio report. The report will include highlights of the overall market it includes

  • Historical revenue data and revenue estimates, as well as CAGR over the forecast period

  • Current trend observed in the market space

  • Business tactics that will affect competitive scenarios, along with identifying market growth potential

  • Market engines, constraints and challenges affecting market demand and growth

  • Regions and segments that will earn huge revenues and appear as market leaders in the coming years

The competition scenario provided in Blockchain technology market in the transport and logistics industry reports, analyzes, evaluates and positions companies based on various performance indicators. Some of the factors taken into account for this analysis include the financial performance of companies over the past few years, growth strategies, product innovation, new product launches, investment, market share growth, etc. Don’t wait, take a strategic approach and accelerate your business goals with our Forecast Report on the Blockchain Technology Market in the Transport and Logistics Industry – Buy now!

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Blockchain technology market in the market scope of the transport and logistics industry

Report coverage

Details

Page number

120

Main year

2020

Forecast period

2021-2025

Inertia of growth and CAGR

Accelerate at CAGR of 49.93%

Market growth 2021-2025

$ 888.97 million

Market structure

Fragmented

Growth on an annual basis (%)

40.00

Making a market contribution

North America at 55%

The competitive environment

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Accenture Plc, Capgemini SE, Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd., Tencent Holdings Ltd. and Wipro Ltd.

Market dynamics

Analysis of the main market, stimulators and barriers to market growth, analysis of fast and slow growing segments, impact of COVID 19 and future consumer dynamics, analysis of the market situation for the forecast period,

Customization range

If our report doesn’t include the data you’re looking for, you can contact our analysts and customize the segments.

Contents

1 Summary

Market landscape

3 Market sizing

4 Analysis of the five forces

5 Segmentation of the market by regime

6 Client landscape

7 Geographical landscape

8 Driving factors, challenges and trends

9 Landscape of the supplier

10 Supplier analysis

11 Appendix

About us

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides useful information to help businesses identify market opportunities and develop effective strategies to optimize their market position. With over 500 dedicated analysts, the Technavio Reporting Library consists of more than 17,000 reports and counts 800 technologies across 50 countries. Their customer base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and practical market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

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