Blockchain in Retail Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The BlockchainIn Retail Market was valued at USD 113.72 million in 2021 and is expected to reach USD 1936.68 million by 2028, at a CAGR of 60% over the forecast period 2022 – 2028. Retailer’s blockchain provides on-time delivery, real-time information, and record-time services for retailers. Blockchain also ensures reliability, quality, product safety, and authenticity while allowing supply chain partners to know where products are located. These factors drive the blockchain market growth in the retail industry.

Company Profile

The market is dominated by the global blockchain in retail players such as Amazon Web Services, Inc. (AWS), Auxesis Services & Technologies (P) Ltd., Bitfury Group Limited, Cognizant, Infosys Limited, International Business Machines Corporation (IBM), Microsoft Corporation, Oracle Corporation, SAP SE, and Tata Consultancy Services Limited.

Market Segmentation

By Component

• Platform
• Services

By Application

• Compliance management
• Identity Management
• Loyalty and Rewards Management
• Payments & Smart Contracts
• Supply Chain Management

By Organization Size

• Large Enterprises
• Small & Medium Enterprises

Scope of the Report

The research study analyzes the Blockchain in Retail Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Blockchain in Retail Market Report

1. What was the Blockchain in Retail Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Blockchain in Retail Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Blockchain in Retail Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.