Learn about the global blockchain in retail market through The Business Research Company, which provides information on blockchain in retail market size, blockchain in retail market drivers and restraints, blockchain in retail market players, the COVID-19 impact on the blockchain in retail market, and more.

The global blockchain in retail market size is expected to grow from $0.47 billion in 2021 to $0.87 billion in 2022 at a compound annual growth rate (CAGR) of 86.47%. The global blockchain in retail market size is expected to reach $11.10 billion in 2026 at a CAGR of 88.74%.

Increasing demand for transparency in the retail supply chain is driving the blockchain in the retail market.

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The blockchain in the retail market consists of sales of blockchain solutions by entities (organizations, sole traders, and partnerships) that can be used extensively in retail to maintain product quality, tackle fraud, manage consumer data, improve loyalty programs, track inventory, automating back-office administration, and others. Blockchain technology helps in storing digital records in a safe and auditable manner, enabling a safe, speedy, and cost-effective transfer of assets.

Global Blockchain In Retail Market Segments Include:

By Component: Platform/Solutions, Services

By Provider: Application Providers, Middleware Providers, Infrastructure Providers

By Application: Compliance Management, Identity Management, Loyalty and Rewards Management, Payments, Smart Contracts, Supply Chain Management, Others

By Organization Size: Large Enterprises, Small and Medium Enterprises (SMEs)

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the blockchain in retail market in 2021.

Technological developments are a key trend gaining popularity in blockchain in the retail market. The companies operating in blockchain in the retail market are focusing on developing innovative technological solutions to meet the technical requirements and demands of end-users across the globe.

TBRC’s Blockchain In Retail Market Report Covers:

Major Market Players: IBM, SAP, Oracle Corporation, Bitfury, Auxesis Group, Sofocle, Tata Consultancy Services, Amazon Web Services, Cegeka, Provenance, Reply, Retraced, Blockchain Foundary, and Cognizant

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Blockchain In Retail Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides blockchain in retail market overviews, analyzes and forecasts market size, share, blockchain in retail market players, blockchain in retail market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s blockchain in retail market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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