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The market can be segmented by Application (Compliance Management, Smart Contract, Supply Chain and Inventory Management, Transaction Management, Automated Customer Service, Identity Management), and Geography.
2018 - 2026
Fastest Growing Market:
The blockchain in retail market was valued at USD 113.72 million in 2020 and is expected to reach USD 1936.68 million by 2026, at a CAGR of 60.4% over the forecast period 2021 - 2026. Transparency in retail supply chain, as well as demand for improved customer service, is driving the market growth.
Originally used only for financial transactions, blockchain has expanded its roots to other industries including retail, which is changing the way retailers and suppliers are earning consumer loyalty. It makes the retailers equipped to deal with challenges in transaction management, customer service or inventory management.
|Supply Chain and Inventory Management|
|Automated Customer Service|
|Rest of the World|
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The market is fragmented with many existing and new vendors coming up with solutions for small and large, online as well as offline retailers.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Need for Retail Frauds Prevention and Detection is Driving the Market Growth
4.4 Market Restraints
4.4.1 Lack of Industry Standardisation for Blockchain is Discouraging the Market Growth
4.5 Industry Attractiveness - Porter's Five Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Application
5.1.1 Compliance Management
5.1.2 Smart Contract
5.1.3 Supply Chain and Inventory Management
5.1.4 Transaction Management
5.1.5 Automated Customer Service
5.1.6 Identity Management
5.2.1 North America
5.2.4 Rest of the World
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 SAP SE
6.1.2 IBM Corporation
6.1.3 Oracle Corporation
6.1.4 Microsoft Corp.
6.1.5 Amazon Web Services, Inc.
6.1.6 Capgemini SE
6.1.7 Accenture PLC
6.1.8 Provenance Ltd
6.1.9 Cognizant Technology Solutions Corp.
6.1.10 Reply S.p.A.
6.1.12 Sofocle Technologies (OPC) Pvt Ltd
6.1.13 Modultrade Ltd
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
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