Increasing focus on improving retail supply chain efficiency is a significant factor influencing market growth. Market Size – USD 342.2 Million in 2020, Market Growth – at a CAGR of 90.7%, Market Trends –Growing demand for smart contracts
The global blockchain in retail market is projected to reach a substantially large market size of USD 60.97 Billion by 2028 and register a significantly rapid revenue growth rate over the forecast period, according to latest analysis by Emergen Research. The growing demand for blockchain in retail can be attributed to increasing demand for improving retail supply chain efficiency. Blockchain technology is considered to be of immense significance in transforming omnichannel supply chains in the retail industry.
The market report, Blockchain in Retail Market uses qualitative and quantitative research techniques to showcase competitive landscape for the forecast period, 2020 – 2028 .Besides this, the report further blends in primary and secondary research techniques to assess, interpret, the segment as well as forecast the total revenue generated by the industry across various regions. Business owners/stakeholders can chalk-out expansion plan by leveraging statistics on market share, size, sale volume, growth rate and return over-invest discussed in the study.
Read more@ https://www.emergenresearch.com/industry-report/blockchain-in-retail-market
Segments Covered in this Report
Provider Outlook (Revenue, USD Million; 2018–2028)
Application Provider
Middleware Provider
Infrastructure Provider
Application Outlook (Revenue, USD Million; 2018–2028)
Identity Management
Compliance Management
Payments & Smart Contracts
Loyalty and Rewards Management
Supply Chain Management
Advertising
Others
Size of Organization Outlook (Revenue, USD Million; 2018–2028)
Small & Medium-sized Enterprises
Large Enterprises
Regional Outlook (Revenue, USD Million; 2018–2028)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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