Blockchain in Retail Market By Component (Omnichannel Marketing, Digital Supply Chain), By Application (Financial Service, Service Industries), By Region (Asia-Pacific, North America, Europe, Middle East ,Africa & South America) – Global Forecast From 2019 To 2024

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Blockchain in Retail Market: Summary

The global blockchain in retail market is estimated to reach USD 2.1 Billion in 2024 at a CAGR of 86.6%. Growing digitalization with customer support and rising flexible to run on any cloud expected to drive the blockchain in retail market. However, data security issues act as a restrain to the market during the forecast period growing perfectly encrypted anti-theft storage is identified as an opportunity for blockchain in retail market.

Blockchain is refer to a structure in which individual list of ordered record is called block and when it linked to an network is called as a blockchain.blockchain in retail are used for record the transactions, for faster processing of data, and for the security.

Some key players in blockchain in retail IBM Corporation, Microsoft Corporation, SAP SE, Oracle Corporation, Bitfury Group Limited., Cegeka, Auxesis Services & Technologies (P) Ltd., Coinbase, and ModulTrade Ltd among other.

Blockchain in Retail Market


Blockchain in Retail Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global blockchain in retail market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of component, the market is segmented into omnichannel marketing, customer centric merchandising and digital supply chain. By application the blockchain in retail market is segmented into financial service, consumer industries, service industries and others. By organisation type the market is segmented into small and medium enterprises (smes) and large enterprises.

Blockchain in Retail Market: Report Scope

The report on the blockchain in retailmarket covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features


Historical/Estimated/Forecasted Market Size Years


Base Year for Market Calculation


Forecasted Period

2019-2024 (2019 estimated year, forecasted up to 2024)

Measured Units

Value (USD Million)

Segments Included

Component, Application, Organization Type

Regional Coverage

Asia-Pacific, North America, Europe, Middle East & Africa, South America

Companies Covered

  • IBM Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Microsoft Corporation
  • SAP SE
  • Oracle Corporation
  • Amazon Web Services (AWS) Inc.
  • Bitfury Group Limited
  • Cegeka
  • Auxesis Services & Technologies (P) Ltd
  • Coinbase
  • ModulTrade Ltd
  • Other Key Companies

Blockchain in Retail Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Blockchain in Retail Market, by Component

  • Omnichannel Marketing
  • Customer Centric Merchandising
  • Digital Supply Chain

Blockchain in Retail Market, by Application

  • Financial Service
  • Consumer Industries
  • Service Industries
  • Others

Blockchain in Retail Market by, Organisation Type

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

Blockchain in Retail Market by, Region

  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Taiwan
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Russia
    • France
    • Italy
    • UK
    • Spain
    • The Netherlands
    • Rest of Europe
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the global market and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key players operating in the global market?
  • How are the major players leveraging in the existing market conditions?

Report Audience

  • Blockchain in Retail Market Providers
  • Blockchain in Retailmarket Solution and Services Suppliers, DIstributors, and Dealers
  • End-users of Varied Segments of Blockchain in Retail Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms



1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations


2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation



4.1       Introduction

4.2       Drivers

                                 4.2.1.    Growing Digitalization with Customer Support

                                 4.2.2.    Rising Flexibility in Cloud Compatibility

4.3       Restraints

                                 4.3.1.     Data Security Issues

4.4       Opportunities

                                 4.4.1.    Growing Perfectly Encrypted Anti-Theft Storage

4.5       Challenges

                                  4.5.1    High Maintenance Cost


5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      BLOCKCHAIN IN RETAILMARKET BY COMPONENT, Market Size in USD Million (2017—2024)

6.1       Introduction

6.2       Omnichannel Marketing

6.3       Customer Centric Merchandising

6.4       Digital Supply Chain

7      BLOCKCHAIN IN RETAILMARKET BY APPLICATION, Market Size in USD Million (2017—2024)

7.1       Introduction

7.2       Financial Service

7.3       Consumer Industries

7.4       Service Industries

7.5       Others


8.1       Introduction

8.2       Small and Medium Enterprises (SMEs)

8.3       Large Enterprises

9      BLOCKCHAIN IN RETAILMARKET BY REGION, Market Size in USD Million (2017—2024)

9.1       North America

                                 8.1.1.    US

                                 8.1.2.    Canada

                                 8.1.3.    Mexico

9.2       Europe

                                 8.2.1.    Germany

                                 8.2.2.    France

                                 8.2.3.    Italy

                                 8.2.4.    UK

                                 8.2.5.    Spain

                                 8.2.6.    The Netherlands

                                 8.2.7.    Rest of Europe

9.3       Asia-Pacific

                                 8.3.1.    China

                                 8.3.2.    Japan

                                 8.3.3.    India

                                 8.3.4.    South Korea

                                 8.3.5.    Taiwan

                                 8.3.6.    Rest of Asia-Pacific

9.4       Middle East & Africa

                                 8.4.1.    Saudi Arabia

                                 8.4.2.    UAE

                                 8.4.3.    Rest of Middle East & Africa

9.5       South America

                                 8.5.1.    Brazil

                                 8.5.2.    Argentina

                                 8.5.3.    Rest of South America


10.1     Introduction

10.2     Market Ranking/Share Analysis of Key Companies

10.3     Company Benchmarking


11.1     IBM Corporation

                                11.1.1    Company Overview

                                11.1.2    Financial Overview

                                11.1.3    Products/Solutions/Services Offered

                                11.1.4    Key Developments

                                11.1.5    SWOT Analysis

11.2     Microsoft Corporation

11.3     SAP SE

11.4     Oracle Corporation

11.5     Amazon Web Services (AWS) Inc.

11.6     Bitfury Group Limited

11.7     Cegeka

11.8     Auxesis Services & Technologies (P) Ltd.

11.9     Coinbase

11.10  ModulTrade Ltd.

11.11  Other Key Companies


12.1     Key Industry Expert Insights

12.2     Primary Discussion Guide

12.3     Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain




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Research Design

Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications.

About Forencis Research

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Key Questions Answered by the Report

  • Major factors impacting the market and its growth
  • Evolving Types of the various products in the Market
  • Evolving Application of the various products in the Market
  • Growing countries in the Global Market
  • Effects of the developments in the market on the industry and on the market players
  • Key market developments undertaken by the leading players

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