This market research report on Blockchain Supply Chain Market studied by Application (Payment & Settlement, Counterfeit Detection, Product Traceability, Smart contracts, Risk & Compliance Management), By Provider (Application and Solution providers, Middleware providers, Infrastructure and protocols providers), By Industry (Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Oil and Gas, Logistics) and Organization Size, Verticals and Regions.
Pune, India -- (SBWIRE) -- 10/24/2019 -- Blockchain finds an increasing number of applications that automate contract execution in supply chain management by eliminating the need for intermediaries. This allowed manufacturers, suppliers and customers to build trusted relationships and streamline complex supply chain operations. The application of smart contracts is expected to increase dramatically due to the availability of enterprise support solutions that can overcome existing limitations in terms of privacy, scalability, auditability, confidentiality and performance.
The Global Blockchain Supply Chain is estimated to grow at a CAGR of +86% during forecast period.
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Top Companies Profiled in this Report includes, Arria NLG, AWS, IBM, Narrative Science, Automated Insights, Narrativa, Yseop, Retresco, Artificial Solutions, Phrasee, AX Semantics, CoGenTex, Phrasetech, NewsRx, Conversica, Natural Language Generation GmbH, Narrative Wave, vPhrase, Linguastat, Textual Relations
The key players have been highlighted on the basis of various business strategies and the marketing tactics. This helps provide a strong understanding of the overall market. In addition, the financial overview, recent developments, SWOT analysis, product portfolio, and mergers and acquisitions in the market have been discussed in depth.
Increased demand for supply chain transparency and enhanced security of supply chain transactions are important growth drivers in the market. Increasing the automation and elimination of intermediaries using block chains in supply chain management creates opportunities for market growth during the forecast period.
Depending on the vendor, the block-chain supply chain market is divided into application and solution providers, middleware providers and infrastructure and protocol providers. These providers provide the infrastructure to develop block-chain-based platforms. Applications and solution provider segments are expected to grow at the fastest pace with the introduction of technologically advanced block-chain solutions, streamlining supply chain management technologies.
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The rising demand for the Blockchain Supply Chain sector is and will fuel the progress of the market in the forecast period. This report is extensive research relating to different terminologies. For better visual appearance and easy understanding to the readers, it makes use of an array of tables and graphical presentation techniques. Dynamics have been presented to get better insights for businesses. The companies have been profiled to get a complete analytical description of the company's profiles.
Major factors about the report:
-Detailed analysis of the global Blockchain Supply Chain market
-Neutral perspectives on global market growth
-Insightful analysis of business vendors, traders, and buyers
-Manufacturing or service providing process, problems and solutions
-adoption of innovative technologies for boosting the performance of the companies
-Different effective sales approaches
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