Blockchain in Retail Market 2022 to Witness Huge Growth by 2028 |Cognizant Technology Solutions Corp., Reply S.p.A., Sofocle Technologies (OPC) Pvt Ltd, Provenance Ltd

Blockchain in Retail Market 2022 to Witness Huge Growth by 2028 |Cognizant Technology Solutions Corp., Reply S.p.A., Sofocle Technologies (OPC) Pvt Ltd, Provenance Ltd

The blockchain in retail market was valued at USD 113.72 million in 2020 and is expected to reach USD 1936.68 million by 2026, at a CAGR of 60.4% over the forecast period 2022 – 2028. 

Blockchain in retail

The Global “Blockchain in Retail Market” Research report give detailed information with reference to market size, share, trends, growth, cost revenue, capacity, and forecast till 2029. This report also contains the general and in-depth study of the Blockchain in Retail market with all its aspects influencing the growth of the market. This report is a full-scale quantitative survey of the Blockchain in Retail market and provides information for developing strategies to expand the market growth and effectiveness.

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Top Leading Companies of Global Blockchain in Retail Market are – Cognizant Technology Solutions Corp., Reply S.p.A., Sofocle Technologies (OPC) Pvt Ltd, Provenance Ltd, Capgemini SE, IBM Corporation, Microsoft Corp., Modultrade Ltd, SAP SE,, Oracle Corporation, Accenture PLC, Amazon Web Services Inc. and others.

Industry News and Updates:

June 2019 – Russia’s third largest food retail firm, Dixy implemented blockchain technology in its corporate finance system. The Moscow-based retailer has deployed blockchain in cooperation between suppliers and factoring firms, which represent third parties that purchase businesses’ invoices at a discount in order to help those businesses to raise funds.

Regional Analysis:

Asia is a major player in the changing retail landscape, owing to the rise in e-commerce startups. China leads the e-commerce market, with Alibaba recently opening a pop-up store in Australia and reflecting the ‘phygital’ trend toward digitally-enhanced offline experiences. To retain the data authenticity generated by retail industry (for instance, customers’ shopping data for personalization), there is a move toward cloud, and hence, its security is of utmost importance. Consumer goods industry is expected to adopt blockchain due to its potential in areas like customer loyalty, retail and supply chain management.

On The Basis of Types: –




On The Basis of Application: –

Compliance Management

Identity Management

Loyalty and Rewards Management


Smart Contracts

Supply Chain Management


The regions are further sub-divided into:

– North America (US, Mexico, Canada)
– Europe (Russia, Ukraine, France, Spain, Sweden, Norway, Germany, Finland, Poland, Italy, United Kingdom, Greece, Austria, Denmark, Switzerland, Netherlands, Belgium, Turkey, Luxembourg)
– Asia-Pacific (China, Japan, India, Australia, South Korea, Taiwan, Malaysia, Philippines, Thailand, Singapore)
– South America (Brazil, Argentina, Peru, Chile)
– Middle East and Africa (Bahrain, Egypt, Israel, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, South Africa)

Influence of the Blockchain in Retail market report:

– Comprehensive assessment of all opportunities and risk in the Blockchain in Retail market.
– Blockchain in Retail market recent innovations and major events.
– Detailed study of business strategies for growth of the Blockchain in Retail market-leading players.
– Conclusive study about the growth plot of Infrared Imaging market for forthcoming years.
– In-depth understanding of Blockchain in Retail market-particular drivers, constraints and major micro markets.
– Favourable impression inside vital technological and market latest trends striking the Blockchain in Retail market.

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Important Features that are under offering and key highlights of the report:

– Detailed overview of the Blockchain in Retail market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the Blockchain in Retail market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Blockchain in Retail market performance
– Must-have information for market players to sustain and enhance their market footprint

The research includes historic data from 2017 to 2022 and forecasts until 2029 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Blockchain in Retail Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Blockchain in Retail industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Country Level analysis for any 5 countries of your choice.

– Competitive analysis of any 5 key market players.

– 40 analyst hours to cover any other data point.

– 15% customization equal to 60 analyst hours.

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Published Wed, 12 Oct 2022 07:12:15 -0500

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