The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Blockchain for Supply Chain Market.Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Blockchain for Supply Chain Market. In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner.A comprehensive analysis on the state of the worldwide Blockchain for Supply Chain market with an emphasis on the Chinese market is published as Blockchain for Supply Chain Market Insights 2019, Global and Chinese Scenario. The research offers significant data on the state of the Blockchain for Supply Chain market and is an invaluable resource for businesses and others interested in the sector. Overall, the research offers a comprehensive analysis of the global and Chinese Blockchain for Supply Chain markets from 2014 to 2024, taking into account all significant factors.
Blockchain for Supply Chain Market Competitive Research And Precise Outlook 2023 To 2030
1. Sample on Global Blockchain for Supply Chain Market - Global
Industry Analysis, Size, Share, Growth Opportunities, Future Trends,
Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to
2030
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Global Blockchain for Supply Chain Market, 2023-2030
Research Methodology
Methodology/Research Approach
Our research methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of sources including
trade databases; government published documents, investor presentations, company annual
reports, white papers, and paid databases.
Research Programs/Design
Requirement
collection
Feasibility check of
client requirements
Draft of
deliverables
(iterative step)
Approval from
client
Projectinitiation
Secondary
research
Data collection Primary research
Data validation Data analysis
Cross verification
with panel of
experts
Projectdelivery to
the client
Post-delivery
support
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Global Blockchain for Supply Chain Market, 2023-2030
Market Size Estimation
Post the initial data mining stage, we gather our findings and analyse them, Wearable Patch/ Data
Recordering out relevant insights. These are evaluated across teams and by our in-house
Medical. Along with data mining, we also initiate the primary research phase in which we interact
with companies operating within the market space.
To evaluate the wholeness of the market, we interact (via email or telephone) with players who
are responsible in adding value to the final product. Additionally, we interact with related industries
to understand the external factors that can drive/hamper a market. We also make it a point to
evaluate various economic parameters, which typically, have an impact on the purchasing choices
of individuals as well as companies.
Post these stages, data are cross-verified with the companies that operate in a market space. It
is important for us to study these companies in detail, to understand their existing performance
and future strategies which will define the market in the coming years.
All this data is collected and evaluated by our analysts. Post the preparation of the report and
data analysis, the findings are presented to our in-house experts who then eliminate
discrepancies (if any).
The key players in the industry and markets have been identified through extensive
secondary research.
The industry’s supply chain and market size, in terms of value, have been determined
through primary and secondary research processes.
All percentage shares, splits, and breakdowns have been determined using secondary
sources and verified through primary sources.
Data Source
Secondary Sources
In the secondary research process, various secondary sources, such as D&B Hoovers,
Bloomberg Business Week, and Factiva, have been referred to, for identifying and collecting
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Global Blockchain for Supply Chain Market, 2023-2030
information for this study. Secondary sources included annual reports, press releases, and
investor presentations of companies; whitepapers, certified publications, and articles by
recognized authors; gold standard and silver standard websites; regulatory bodies; trade
directories; and databases.
List of secondary sources include but are not limited to:
Academic Journals
Census.gov
Bloomberg
Company Annual Report
Hoovers
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously Wearable Patch/
Data Reordered to ensure that only validated and authenticated sources are considered. In
addition, data is also mined from a host of reports in our repository, as well as a number of reputed
paid databases. For comprehensive understanding of the market, it is essential to understand the
complete value chain and in order to facilitate this; we collect data from raw material suppliers,
distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia and trade journals.
Technical data is also gathered from intellectual property perspective, focusing on white space
and freedom of movement. Operation Industry Vertical dynamics with respect to drivers,
restraints, pricing trends is also gathered. As a result, the material developed contains a wide
range of original data that is then further cross-validated and authenticated with published
sources.
Primary Sources
This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews
are conducted, on face to face as well as over the phone to validate our findings and assumptions
used to obtain them. Interviewees are approached from leading companies across the value chain
including suppliers, Component providers, domain experts and buyers so as to ensure a holistic
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and unbiased picture of the market. These interviews are conducted across the globe, with
language barriers overcome with the aid of local staff and interpreters. Primary interviews not only
help in data validation, but also provide critical insights into the market, current business scenario
and future expectations and enhance the quality of our reports. All our estimates and forecast are
verified through exhaustive primary research with Key Operation Industry Vertical Participants
(KIPs) which typically include:
Market leading companies
Raw material suppliers
Operating System distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight in to the current market and future expectations
Some of the KIPs are mentioned as below:
Medtronic
Olympus
Otsuka Holdings Co., Ltd.
Etcetera
Others
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is
created customized for each study. Gathered information for market dynamics, Component
landscape, Sensor Type development and pricing trends is fed into the model and analyzed
simultaneously. These factors are studied on a comparative basis, and their impact over the
forecast period is quantified with the help of correlation, regression and time series analysis.
Market forecasting is performed via a combination of economic tools, technological analysis, and
industry experience and domain expertise.
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Econometric models are generally used for short-term forecasting, while technological market
models are used for long-term forecasting. These are based on an amalgamation of Component
landscape, regulatory frameworks, economic outlook and business principles. A bottom-up
approach to market estimation is preferred, with key regional markets analyzed as separate
entities and integration of data to obtain global estimates. This is critical for a deep understanding
of the industry as well as ensuring minimal errors. Some of the parameters considered for
forecasting include:
Market drivers and restrains, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2026
We assign weights to these parameters and quantify their market impact using weighted average
analysis, to derive an expected market growth rate.
Data Triangulation
Contrive Datum Insights also leverages three Industry Verticals of data triangulation approaches
as follows:
Data Triangulation Techniques
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
Data Source Triangulation
• Extracting data and validation
from multiple type of
secondary and primary
sources
Methodology Triangulation
• Combining various
methodologies to validate
data inputs
Theory Triangulation
• Applying different theories to
check credibility of data sets
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Contrive Datum Insights data modeling tool is an in-house developed tool, which is based on the
fundamental Top Down and Bottom Up approach.
Bottom Up Approach
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
After arriving at the overall market size using the market size estimation processes as explained
above, the market was split into several segments and sub segments. To complete the overall
market engineering process and arrive at the exact statistics of each market segment and sub
segment, the data triangulation and market breakdown procedures were employed, wherever
applicable. The data was triangulated by studying several factors and trends from both the
demand and supply sides.
Global
Market
Value
Add up all Country Market Sizes
to Derive Regional Market Size
Market Size for a Country = Add up of Total
Company Revenues
Primary: Demand and Supply Side Experts
Secondary: Annual Reports, Presentations,
Press Release, Journals, Paid Databases,
and A2Z Market Research database
Primary: Demand & Supply Side Experts
Secondary: Annual Reports, Presentations,
Press Releases, Journals, Paid Databases,
and A2Z Market Research database
Bottom-upApproach (Segmental Analysis) Global Market
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Top Down Approach
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
Report Objectives
To define, describe, and forecast the {Keyword} Market by segments, and region
To provide detailed information about the major factors (drivers, restraints, opportunities,
and challenges) influencing the growth of the market
To analyze the sub-segments with respect to individual growth trends, prospects, and
contributions to the total market
To analyze opportunities in the market for stakeholders and provide the competitive
landscape of the market
To forecast the revenues of the market segments with respect to the major regions, such
as North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America.
To profile the key players and comprehensively analyze their recent developments and
positioning in {Keyword} market.
Global Market ($ Million)
Geographical Split
Percent Split for Type and
Application Segments for
Market
Country Split
Global Market Size Through Primaries(Demand and
Supply Side Experts)
Secondary: Annual Reports, Presentations, Press
Release, Journals, Paid Databases, and A2Z Market
Research
Primary: Demand and Supply Side Experts
Secondary: Annual Reports, Presentations, Press
Release, Journals, Paid Databases, and A2Z Market
Research database
Primary: Demand &and Supply Side Experts
Primary: Demand and Supply Side Experts
Secondary: Company Websites, Press Releases, and
News Articles
Top-Down Approach (SegmentalAnalysis) Global Market
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To analyze competitive developments, such as mergers and acquisitions, new product
developments, and Research and Development (R&D) activities, in the market
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Market Overview
Market Synopsis
The blockchain is a distributed ledger consisting of verified digital databases or blocks of
occurrences. This eliminates the need for a central clearinghouse by keeping all supply chain
transactions and data in sync. Planning, controlling, and executing the flow of inputs and
outputs in a way that minimizes costs is the goal of supply chain management. The supply chain
implements blockchain to cut costs, trace where things originated, and increase credibility. The
public has witnessed the Blockchain Supply Chain Market evolve in cutting-edge ways,
providing users with seamless access to all of the market's offerings. The Blockchain Supply
Chain Market may be broken down into its constituent parts, applications, and end-use
industries.
Insights 2019, Global and Chinese Scenario: Blockchain in the Supply Chain Industry is a
comprehensive and expert analysis of the global Blockchain for Supply Chain market, with
special attention paid to the Chinese market. This study provides useful information for
businesses and individuals interested in the Supply Chain sector by detailing the current state of
the Blockchain for Supply Chain manufacturing market. All things considered, the analysis
provides a comprehensive look at the international and Chinese Blockchain for Supply Chain
markets from 2014 to 2024.
Increases in the requirement for supply chain transparency and openness, as well as the
popularity of online shopping, are driving this market's expansion.
Request Sample Copy of Report “Global Blockchain for Supply Chain market Size, Share &
Trends Estimation Report By Component Outlook (Platform & Services) By Application Type
Outlook (Detection of fakes ,Payment and settlement ,Product traceability ,Risk and compliance
management & Others) By Industrial Vertical Type Outlook (Retail and Consumer
Goods,Healthcare and Life Sciences ,Manufacturing ,Oil and Gas ,Logistics & Others) Region, And
Forecasts, 2022 - 2030”, published by Contrive Datum Insights.
Recent Developments
Volkswagen Group and IBM Corporation collaborated in April 2019 to use blockchain
technology to monitor mineral supply chains. Thanks to this collaboration, Volkswagen
was able to achieve the purchasing goals it had established with the OECD (Organization
for Economic Co-operation and Development). (OECD).
MIMOS and Oracle collaborated in June 2019 to employ blockchain technology to
increase transparency and trust.
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For the purpose of creating blockchain-based e-commerce solutions for B2B buyers and
sellers, UPS made an undisclosed stock investment in Inception Corporation in January
2019.
To facilitate trust in business networks and expedite and adaptability in company
transactions, Oracle released Oracle Blockchain Applications Cloud in October 2018.
To put blockchain distributed ledger and Internet of Things (IoT) software to the test in a
real medication supply chain, NITI Aayog and Oracle signed a Statement of Intent (SoI) in
September 2018. The goal was to aid India in combating its rapidly expanding counterfeit
medication industry.
Regional Outlook:
The technological advancements and advanced infrastructure may most readily be seen
in North America. The most important consideration is the collective behavior of the
leading firms providing solutions based on blockchain technology in this area. Businesses
in a wide variety of sectors, including manufacturing, healthcare, retail, consumer
products, and logistics, offer crucial potential for expansion for suppliers.
Due to the presence of key market participants and ongoing innovations in blockchain
technology, North America dominated the worldwide market, and its dominance is
expected to persist during the projected period for blockchain in the retail sector. The fact
that shops are increasingly concerned about data security is seen as the primary factor
that will drive market expansion in this area in the future years.
The federal Accountability Office reports that daily breaches at U.S. federal agencies
including the Army and the Internal Revenue Service average over seventy. Large
firewalls, top-tier hacking expertise, and other data-protection measures cost local
retailers millions of dollars annually.
According to research conducted by the NRF (National Retail Federation, USA), 80% of
retailers anticipate using point-to-point encryption, which safeguards card data during
transmission, by the end of 2019. Tokenization, which is employed by 89% of them, is
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Global Blockchain for Supply Chain Market, 2023-2030
used to protect data in computer systems. BakerHostetler found that phishing was the
root cause of 38% of data protection problems at American businesses in 2019.
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Market Scope
On the basis of By Component, the market has been segmented as follows:
Platform
Services
- Tech Advisory and Consulting
- Deployment and Integration
- Support and Maintenance
On the basis of By Application, the market has been segmented as follows:
Detection of fakes
Payment and settlement
Product traceability
Risk and compliance management
Others
On the basis of By Industrial Verticals, the market has been segmented as follows:
Retail and Consumer Goods
Healthcare and Life Sciences
Manufacturing
Oil and Gas
Logistics
Others
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On the basis of Companies
IBM (US)
Microsoft (US)
SAP (Germany)
AWS (US)
Oracle (US)
Huawei (China)
Guardtime (Estonia)
TIBCO Software (US)
Bitfury (The Netherlands)
Interbit (Canada)
Auxesis Group (India)
VeChain (China)
Chainvine (UK)
Digital Treasury Corporation (China)
Datex Corporation (US)
OpenXcell (US)
Algorythmix (India)
BlockVerify (UK)
Applied Blockchain (UK).
On the basis of Geography
NORTH AMERICA
EUROPE
ASIA PACIFIC
MIDDLE EAST AFRICA
SOUTH AMERICA
About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting
services to officials at various sectors such as investment, information technology,
telecommunication, consumer technology, and manufacturing markets. CDI assists investment
communities, business executives, and IT professionals to undertake statistics-based accurate
decisions on technology purchases and advance strong growth tactics to sustain market
competitiveness. Comprising of a team size of more than 100 analysts and cumulative market
experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry
knowledge combined with global and country-level expertise.
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