Blockchain Technology Market in Transportation and Logistics Industry: North America to Occupy 55% Market Share | The maritime segment will be important for revenue generation

NEW YORK, June 14, 2022 /PRNewswire/ — The market for blockchain technology in the transportation and logistics industry segmented by Application (sea, land and others) and Geography (North America, EuropeACPA and South America) has been added to Technavio offers. The growth of blockchain technology market share in transportation and logistics industry by the segment of sea has been important for revenue generation. The growing concerns of the shipping industry regarding security and transparency are encouraging the implementation of blockchain technology in shipping processes, as blockchain technology operates in a safe and programmed environment. As blockchain technology uses elaborate encryption procedures for data, it is impossible to hack or alter data while it is present in a blockchain. This factor is driving the increasing adoption of blockchain technology in the shipping industry.

Technavio has announced its latest market research report titled Blockchain Technology Market in Transportation and Logistics Industry by Mode and Geography – Forecast and Analysis 2021-2025

To know the market contribution of each segment – Download a sample now!

Blockchain Technology Market in Transportation & Logistics Industry Market 2021-2025: Scope

The blockchain technology in transportation and logistics market report covers the following areas:

Frequently Asked Questions:

  • What are the major market trends?
    The major market trend for the blockchain technology market in the transportation and logistics industry market is the advent of blockchain as a service (BaaS).

  • How fast is the market expected to grow?
    Blockchain Technology Market In Transportation And Logistics Industry Market Share Is Expected To Increase By $888.97 million mn from 2020 to 2025, and the growth momentum of the market will accelerate at a CAGR of 49.93%.

  • Who are the best market players?
    Accenture Plc, Capgemini SE, Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd., Tencent holdings ltd. and Wipro Ltd. are among the major players in the market.

  • What is the main market driver?
    The growing use of blockchain technology for tracking is particularly driving the blockchain technology market in the growth of the transportation and logistics industry market.

  • What is the size of the North American market?
    55% of market growth will come from North America during the forecast period. United States and Canada are the main markets for the market of North America. The growth of the market in this region will be faster than the growth of the market in the regions.

Blockchain Technology Market in Transportation & Logistics Industry Market 2021-2025: Segmentation

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Prepare for great business results with this exclusive Blockchain Technology Market in Transportation and Logistics Industry Technavio report. The report will include highlights of the overall market, which includes

  • Historical revenue and estimated revenue as well as CAGR during the forecast period

  • A current trend in the market

  • Business tactics that will influence competitive scenarios while defining market growth potential

  • Market drivers, restraints and challenges impacting market demand and growth

  • Regions and segments that will generate massive revenue and emerge as market leaders in the coming years

The competitive scenario predicted in the Blockchain Technology Market in Transportation and Logistics Industry report analyzes, evaluates and positions companies based on various performance indicators. Some of the factors taken into consideration for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, market share growth, etc. your business goals with our Blockchain Technology in Transportation and Logistics Market Forecast Report – Buy now!

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Blockchain Technology Market in Transportation & Logistics Industry Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 49.93%

Market Growth 2021-2025

$888.97 million

Market structure

Fragmented

Annual growth (%)

40.00

Successful market contribution

55% North America

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Accenture Plc, Capgemini SE, Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd., Tencent Holdings Ltd. and Wipro Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Mode

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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