Development Analysis of Global Blockchain in Manufacturing Market with Forecast till 2030

 The global Blockchain in Manufacturing market research is an intelligence report announced by Absolute Markets Insights. The erudite market study provides insightful data for readers to help them in making informed business decisions. Primary and secondary research methodologies have also been used to discover the correct and applicable data of Blockchain in Manufacturing market. Effective business strategies of key market players and of new startup industries are also studied thoroughly to provide extensive market knowledge. The report makes use of an effective analysis technique such as SWOT and Porter’s five analysis to present its accurate results on the market.

The major key pillars for global Blockchain in Manufacturing market are listed below: AWS, Baker Tilly US, LLP, Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, Factom, Filament, IBM Corporation, Intel Corporation, KPMG International, LeewayHertz, Oracle Corporation, PwC, Sofocle, SyncFab, and Wipro Limited

In terms of revenue, blockchain in manufacturing market was valued at US$ 375.28 Mn in 2020 growing at a CAGR of 65.5% over the forecast period (2021 – 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

For more information about this report visit: https://www.absolutemarketsinsights.com/reports/Blockchain-in-Manufacturing-Market-2021---2029-894

Based on offering, the global blockchain in manufacturing market has been primarily segmented into solutions and services. Services segment is further classified into consulting and advisory, design and development, and others. The services segment is estimated to witness substantial growth rate over the forecast period. End-use industries are increasingly opting for niche services, such as consulting services in the sales, manufacturing and supply chain process, to ensure optimum operational efficiency. Market participants are simultaneously focusing on offering industry-specific services. IBM Corporation, for instance, offers blockchain-based services for manufacturing prototypes and production.

Based on application, the global blockchain in manufacturing market has been segmented into logistics & supply chain management, asset tracking, business process optimization, counterfeit detection, quality control & regulatory compliance, identity management, and others. Among these segments, logistics & supply chain management held the largest market share in 2020. By managing a permanent record of information and reducing administrative costs, blockchain provides traceability and transparency within the manufacturing supply chain. It is used to keep track of price, date, location, quality, certification, and other pertinent information in order to effectively manage the supply chain.

Based on industry, the global blockchain in manufacturing market has been segmented into healthcare & pharmaceuticals, aerospace and defence, oil & gas, energy and power, automotive, food & beverage, and others. The healthcare & pharmaceuticals sector is expected to grow in the coming years with the adoption of advanced technologies such as internet of things (IoT), machine learning (ML), and blockchain amongst others. Blockchain technology has several potential applications in the healthcare and pharmaceutical industry. Increasing investments towards enhancement of manufacturing and supply chain procedures within the sector is anticipated to boost the segment’s growth over the forecast period in the global market.

Global Blockchain in Manufacturing Market Segmentation:

By Offering

  • Solutions
  • Services
  • Consulting and Advisory
  • Design and Development
  • Others

By Application

  • Logistics & Supply Chain Management
  • Asset Tracking
  • Business Process Optimization
  • Counterfeit Detection
  • Quality Control & Regulatory Compliance
  • Identity Management
  • Others

By Industry

  • Healthcare & Pharmaceuticals
  • Aerospace and Defence
  • Energy and Power
  • Oil & Gas
  • Automotive
  • Food & Beverage
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Contact Us:

Company: Absolute Markets Insights

Email id: sales@absolutemarketsinsights.com

Phone: +91-740-024-2424

Contact Name: Shreyas Tanna

Website: https://www.absolutemarketsinsights.com/

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