The global blockchain supply chain market size reached US$ 821.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 20,121 Million by 2032, exhibiting a growth rate (CAGR) of 41.8% during 2024-2032. More Info:- https://www.imarcgroup.com/blockchain-supply-chain-market

1. Global Blockchain
Supply Chain Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Blockchain Supply
Chain Market: Global Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2024-2032," the global blockchain supply chain market size
reached US$ 821.1 Million in 2023.
A blockchain supply chain is defined as a form of decentralized ledger
technology that validates, records, and synchronizes digital data of immutable
and authenticated cryptocurrency transaction records across networks. It
broadcasts to a peer-to-peer network comprising several interconnected
computers known as nodes. These electronic devices solve equations for
determining and validating the transaction to create data blocks for tracking
purposes.
Blockchain aids in providing deal information in a read-only format for all the
verified members of the group to retrace the point of origin precisely and
offering all parties access to the same information, thereby potentially
reducing communication or transfer data errors. Along with this, blockchain
ensures faster processing, improves traceability, enhances visibility and
compliance over outsourced contract manufacturing, and reduces paperwork
and administrative costs. As a result, blockchain is extensively used by
businesses to minimize the risks encountered during the transportation of
goods and track transactions.
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4. Report Description
Global Blockchain Supply Chain Market Trends:
The widespread adoption of the blockchain supply chain across various industrial verticals can be attributed to the
increasing need for effective online transactions with enhanced transparency and security. This is further influenced by
the shifting user inclination toward blockchain technologies to mitigate the requirement of appointing intermediaries for
transaction validation and negotiation purposes in the supply chain management (SCM) processes. In line with this, the
growing awareness amongst small and medium-sized enterprises (SMEs) regarding the various benefits associated with
the usage of blockchain supply chain technologies, such as lower pricing, continual monitoring of product flow, and
increased corporate transparency, is acting as another growth-inducing f actor.
Additionally, the large-scale utilization of the Internet of Things (IoT), artificial intelligence (AI), and machine learning
(ML) technolog ies by enterprises to authenticate process information and improve data security and transparency is
contributing to the market growth. Moreover, the extensive utilization of blockchain supply chain in the pharmaceutical
industry to mitigate various illegitimate activities, such as illegal production of harmful medicines, improper stick control,
and counterfeit drugs, is impelling the market growth. Other factors, such as the uptake of e-commerce platforms,
especially during the COVID-19 pandemic, and strategic collaborations amongst key players to integrate advanced
solutions with technology are creating a positive outlook f or the market.
Looking forward, the market is anticipated to reach a value of US$ 20,121 Million by 2032, growing at a
CAGR of 41.8% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/blockchain-supply-chain-market

5. Report
Segmentation
Breakup by Component:
• Platform
• Services
Breakup by Application:
• Smart Contracts
• Payment and Settlement
• Product Traceability
• Inventory Monitoring
• Compliance Management
• Others
Breakup by Industry Vertical:
• Retail
• Manufacturing

6. Report
Segmentation
• Food and Beverages
• Healthcare
• Oil and Gas
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7. Competitive
Landscape with
Key Players
• Accenture plc
• Amazon Web Services Inc. (Amazon.com Inc.)
• Auxesis Group
• Guardtime
• Huawei Technologies Co. Ltd.
• International Business Machines Corporation
• Microsoft Corporation
• OpenXcell
• Oracle Corporation
• PixelPlex
• SAP SE
• TIBCO Software Inc

8. Key Questions
Answered in
the Report
What was the size of the global blockchain supply chain
market in 2023?
What is the expected growth rate of the global blockchain
supply chain market during 2024-2032?
What are the key factors driving the global blockchain supply
chain market?
What has been the impact of COVID-19 on the global
blockchain supply chain market?
What is the breakup of the global blockchain supply chain
market based on the component?
What is the breakup of the global blockchain supply chain
market based on the application?
What is the breakup of the global blockchain supply chain
market based on the industry vertical?
What are the key regions in the global blockchain supply
chain market?
Who are the key players/companies in the global blockchain
supply chain market?

9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Blockchain Supply Chain Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Platform
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Services
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Application
7.1 Smart Contracts
7.1.1 Mark et Trends
7.1.2 Mark et Forecast

10. Table of
Contents
7.2 Payment and Settlement
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Product Traceability
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
7.4 Inventory Monitoring
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
7.5 Compliance Management
7.5.1 Mark et Trends
7.5.2 Mark et Forecast
7.6 Others
7.6.1 Mark et Trends
7.6.2 Market Forecast
8 Market Breakup by Industry Vertical
8.1 Retail
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Manufacturing
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Food and Beverages
8.3.1 Market Trends
8.3.2 Mark et Forecast
8.4 Healthcare
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
For more information, visit :
https://www.imarcgroup.com/blockchain -supply-chain-
market/toc

11. Disclaimer
© 2023 IMARC All Rights Reserved
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Disclaimer: All contents and data of this publication, including forecasts, data analysis and
opinion have been based on information and sources believed to be accurate and reliable at
the time of publishing. International Market Analysis Research and Consulting makes no
representation of warranty of any kind as to the accuracy or completeness of any Information
provided. IMARC accepts no liability whatsoever for any loss or damage resulting from
opinion, errors or inaccuracies if any found this publication.
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International Market Analysis Research and Consulting. All other trademarks used in this
publication are registered trademarks of their respective companies.

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