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Blockchain in Retail Market by Component (Platform and Services), Application (Compliance Management, Identity Management, Loyalty and Rewards Management, Payments & Smart Contracts, Supply Chain Management, and Others), and Organization Size (Large Enterprises and Small & Medium Enterprises): Global Opportunity Analysis and Industry Forecast, 2018-2026

IC_182986
Pages: 253
Nov 2019 | 3279 Views
 
Author(s) : Bhushan Jagtap and Rachita Rake , Supradip Baul
Tables: 118
Charts: 78
 

Blockchain in Retail Market Statistics - 2026

The global blockchain in retail market size was valued at $83 million in 2018, and is projected to reach $11.18 billion by 2026, registering a CAGR of 84.6% from 2019 to 2026. Blockchain in retail provides on-time delivery, real-time information, and record-time service for retailers. Moreover, blockchain assures reliability, quality, product safety, and authenticity along with allowing supply chain partners to know about their products location. These factors drive the market growth for blockchain in retail industry.

Blockchain in Retail Market

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By component, the platform segment garnered major blockchain in retail market share in 2018 and is expected to remain dominant during the forecast period. The growth of this segment is mainly attributed to the growth in adoption of blockchain software among retailers due to rise in need for safe and secure transmission of data across supply chain. Also, the availability of cost-effective solutions is also the key factor driving the demand for blockchain platforms across numerous retailers. Further, the services segment is expected to exhibit highest growth rate throughout the forecast period.

Blockchain in Retail Market
By Component

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Services would exhibit the highest CAGR of 89.3% during 2019-2026.

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North America dominated the global market in 2018 and is expected to remain dominant during the blockchain in retail market forecast period due to presence of major market players and on-going developments in blockchain technology. Also, rise in data security concerns among retailers is also the key factor that is expected to fuel the market growth in this region in upcoming years.

Blockchain in Retail Market
By Application

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Loyalty and Rewards Management would exhibit the highest CAGR of 97.0% during 2019-2026.

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The report focuses on the growth prospects, restraints, and trends of the blockchain in retail market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the global market.

Blockchain in Retail Market
By Organization Size

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Small and medium enterprises would exhibit the highest CAGR of 87.4% during 2019-2026.

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Segment Review

The global blockchain in retail market is segmented based on component, application, organization size, and region. Based on component, the market is bifurcated into platform and services. Based on application, the market is divided into compliance management, identity management, loyalty and rewards management, payments & smart contracts, supply chain management, others. Based on organization size, the market is classified into large enterprises and small & medium enterprises. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Blockchain in Retail Market
By Region

2026
North America 
Europe
Asia-Pacific
LAMEA

Asia-Pacific would exhibit the highest CAGR 92.0% during 2019-2026.

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The market is dominated by the global blockchain in retail players such as Amazon Web Services, Inc. (AWS), Auxesis Services & Technologies (P) Ltd., Bitfury Group Limited, Cognizant, Infosys Limited, International Business Machines Corporation (IBM), Microsoft Corporation, Oracle Corporation, SAP SE, and Tata Consultancy Services Limited.

Top Impacting Factors

Current and future blockchain in retail market trends are outlined to determine the overall attractiveness of the market. Top impacting factors highlight the blockchain in retail market opportunity during the forecast period. Increase in demand for transparent transactions and smart contracts is the key factor driving the market growth for blockchain in retail industry. In addition, increase in investment by retail industries in blockchain-based solutions is also expected to boost the market growth. Moreover, increase in need to ensure quality, reliability, authenticity, and product safety are also some of the factors fueling the demand for blockchain solutions and services across global retailers. However, scarcity of skilled experts is expected to impede the blockchain in retail market growth during the forecast period. Furthermore, rapid changes in the retail industry due to technological advancements and international trade are expected to provide major growth opportunities for blockchain retail market in upcoming years.

Increased transactions transparency

Increase in demand for transparent transactions and smart contracts is the key factor driving the growth for the blockchain in retail market. Blockchain technology reorganizes the transaction management by replacing mediators with secure digital records. Moreover, instead of being managed by central intermediate, blockchain allows orchestration of all the data and transactions over the network. In addition, it allows all the parties to share and settle upon vital business information and transactions. It further offers faster transaction processing speed along with transaction and information traceability to all the entities involved in the network, which fuels the market growth. Furthermore, blockchain is typically known for its enhanced security as it provides cryptographic security for its databases and transactions, which is also the key factor that adds transparency and helps in fraud reduction thereby boosting the demand for blockchain solutions in retail.

Increase in investment by retail industries in blockchain-based solutions

Blockchain technology is transforming the entire retail industry due to numerous high valued distributed applications of this technology. Therefore, blockchain in the retail sector is bringing new business models in many areas, such as digital payment, smart contracts, internet/online shopping, and risk and compliance. Thus, these factors are driving retailers to invest huge amounts to explore blockchain technology. For instance, Walmart a retail giant has been investing in blockchain technology since 2017 and has partnered with IBM to digitize its food supply chain process using blockchain technology. Recently, Walmart used blockchain technology to trace seafood in Andhra Pradesh, India.,  and is planning to enhance its global food traceability with this strategy. 

Key Benefits for Blockchain in Retail Market :

  • This study presents the analytical depiction of global blockchain in retail market trends and future estimations to determine the imminent investment pockets.
  • A detailed analysis of the blockchain in retail market segments measures the potential of the market. These segments outline the favorable conditions for the market.
  • The report presents information related to key drivers, restraints, and opportunities.
  • The current market is quantitatively analyzed from 2018 to 2026 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.

Blockchain in Retail Market Segments:

By Component

  • Platform
  • Services

By Application

  • Compliance management
  • Identity Management
  • Loyalty and Rewards Management
  • Payments & Smart Contracts
  • Supply Chain Management
  • Others

By Organization Size

  • Large Enterprises
  • Small & Medium Enterprises

By Region

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific 
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America 
    • Middle East
    • Africa

Key Market Players Profiled In the Report

  • Amazon Web Services, Inc. (AWS)
  • Auxesis Services & Technologies (P) Ltd.
  • Bitfury Group Limited
  • Cognizant
  • Infosys Limited
  • International Business Machines Corporation (IBM)
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • Tata Consultancy Services Limited. 
 

CHAPTER 1:    INTRODUCTION

1.1.    Report description
1.2.    Key benefits for stakeholders
1.3.    Key market segments
1.4.    Key market players
1.5.    Research methodology

1.5.1.    Secondary research
1.5.2.    Primary research
1.5.3.    Analyst tools & models

CHAPTER 2:    EXECUTIVE SUMMARY

2.1.    Key findings

2.1.1.    Top impacting factors
2.1.2.    Top investment pockets

2.2.    CXO perspective

CHAPTER 3:    MARKET OVERVIEW

3.1.    Market definition and scope
3.2.    Key forces shaping global blockchain in retail market
3.3.    Impact of government regulations on global blockchain in retail market
3.4.    Market dynamics

3.4.1.    Drivers

3.4.1.1.    Increased transactions transparency
3.4.1.2.    Increase in need to ensure quality, reliability, authenticity, and product safety
3.4.1.3.    Increase in investment by retail industries in blockchain-based solutions

3.4.2.    Restraints

3.4.2.1.    Scarcity of skilled experts

3.4.3.    Opportunities

3.4.3.1.    Quickly changing retail sector and international trade

3.5.    Evolution of blockchain technology
3.6.    Patent analysis

3.6.1.    By region, 2004–2018
3.6.2.    By applicant

CHAPTER 4:    BLOCKCHAIN IN RETAIL MARKET, BY COMPONENT

4.1.    Overview
4.2.    Platform

4.2.1.    Key market trends, growth factors, and opportunities
4.2.2.    Market size and forecast, by region
4.2.3.    Market analysis, by country

4.3.    Services

4.3.1.    Key market trends, growth factors, and opportunities
4.3.2.    Market size and forecast, by region
4.3.3.    Market analysis, by country

CHAPTER 5:    SMART SPACE MARKET, BY APPLICATION

5.1.    Overview
5.2.    Loyalty and Rewards Management

5.2.1.    Key market trends, growth factors, and opportunities
5.2.2.    Market size and forecast, by region
5.2.3.    Market analysis, by country

5.3.    Identity Management

5.3.1.    Key market trends, growth factors, and opportunities
5.3.2.    Market size and forecast, by region
5.3.3.    Market analysis, by country

5.4.    Supply Chain Management

5.4.1.    Key market trends, growth factors, and opportunities
5.4.2.    Market size and forecast, by region
5.4.3.    Market analysis, by country

5.5.    Payments and Smart Contracts

5.5.1.    Key market trends, growth factors, and opportunities
5.5.2.    Market size and forecast, by region
5.5.3.    Market analysis, by country

5.6.    Compliance management

5.6.1.    Key market trends, growth factors, and opportunities
5.6.2.    Market size and forecast, by region
5.6.3.    Market analysis, by country

5.7.    Others

5.7.1.    Key market trends, growth factors, and opportunities
5.7.2.    Market size and forecast, by region
5.7.3.    Market analysis, by country

CHAPTER 6:    BLOCKCHAIN IN RETAIL MARKET, BY ORGANIZATION SIZE

6.1.    Overview
6.2.    Large Enterprises

6.2.1.    Key market trends, growth factors, and opportunities
6.2.2.    Market size and forecast, by region
6.2.3.    Market analysis, by country

6.3.    Small and medium enterprises (SMEs)

6.3.1.    Key market trends, growth factors, and opportunities
6.3.2.    Market size and forecast, by region
6.3.3.    Market analysis, by country

CHAPTER 7:    GLOBAL BLOCKCHAIN IN RETAIL MARKET, BY REGION

7.1.    Overview

7.1.1.    Market size and forecast, by region

7.2.    North America

7.2.1.    Key market trends, growth factors and opportunities
7.2.2.    Market size and forecast, by component
7.2.3.    Market size and forecast, by application
7.2.4.    Market size and forecast, by organization size
7.2.5.    Market analysis, by country

7.2.5.1.    U.S.

7.2.5.1.1.    Market size and forecast, by Component
7.2.5.1.2.    Market size and forecast, by application
7.2.5.1.3.    Market size and forecast, by organization size

7.2.5.2.    Canada

7.2.5.2.1.    Market size and forecast, by component
7.2.5.2.2.    Market size and forecast, by application
7.2.5.2.3.    Market size and forecast, by organization size

7.3.    Europe

7.3.1.    Key market trends, growth factors and opportunities
7.3.2.    Market size and forecast, by component
7.3.3.    Market size and forecast, by application
7.3.4.    Market size and forecast, by organization size
7.3.5.    Market analysis, by country

7.3.5.1.    UK

7.3.5.1.1.    Market size and forecast, by Component
7.3.5.1.2.    Market size and forecast, by application
7.3.5.1.3.    Market size and forecast, by organization size

7.3.5.2.    Germany

7.3.5.2.1.    Market size and forecast, by Component
7.3.5.2.2.    Market size and forecast, by application
7.3.5.2.3.    Market size and forecast, by organization size

7.3.5.3.    France

7.3.5.3.1.    Market size and forecast, by component
7.3.5.3.2.    Market size and forecast, by application
7.3.5.3.3.    Market size and forecast, by organization size

7.3.5.4.    Spain

7.3.5.4.1.    Market size and forecast, by Component
7.3.5.4.2.    Market size and forecast, by application
7.3.5.4.3.    Market size and forecast, by organization size

7.3.5.5.    Rest of Europe

7.3.5.5.1.    Market size and forecast, by Component
7.3.5.5.2.    Market size and forecast, by application
7.3.5.5.3.    Market size and forecast, by organization size

7.4.    Asia-Pacific

7.4.1.    Key market trends, growth factors and opportunities
7.4.2.    Market size and forecast, by component
7.4.3.    Market size and forecast, by application
7.4.4.    Market size and forecast, by organization size
7.4.5.    Market analysis, by country

7.4.5.1.    China

7.4.5.1.1.    Market size and forecast, by component
7.4.5.1.2.    Market size and forecast, by application
7.4.5.1.3.    Market size and forecast, by organization size

7.4.5.2.    India

7.4.5.2.1.    Market size and forecast, by Component
7.4.5.2.2.    Market size and forecast, by application
7.4.5.2.3.    Market size and forecast, by organization size

7.4.5.3.    Japan

7.4.5.3.1.    Market size and forecast, by Component
7.4.5.3.2.    Market size and forecast, by application
7.4.5.3.3.    Market size and forecast, by organization size

7.4.5.4.    Australia

7.4.5.4.1.    Market size and forecast, by component
7.4.5.4.2.    Market size and forecast, by application
7.4.5.4.3.    Market size and forecast, by organization size

7.4.5.5.    Rest of Asia-Pacific

7.4.5.5.1.    Market size and forecast, by component
7.4.5.5.2.    Market size and forecast, by application
7.4.5.5.3.    Market size and forecast, by organization size

7.5.    LAMEA

7.5.1.    Key market trends, growth factors and opportunities
7.5.2.    Market size and forecast, by component
7.5.3.    Market size and forecast, by application
7.5.4.    Market size and forecast, by organization size
7.5.5.    Market analysis, by Country

7.5.5.1.    Latin America

7.5.5.1.1.    Market size and forecast, by component
7.5.5.1.2.    Market size and forecast, by application
7.5.5.1.3.    Market size and forecast, by organization size

7.5.5.2.    Middle East

7.5.5.2.1.    Market size and forecast, by Component
7.5.5.2.2.    Market size and forecast, by application
7.5.5.2.3.    Market size and forecast, by organization size

7.5.5.3.    Africa

7.5.5.3.1.    Market size and forecast, by Component
7.5.5.3.2.    Market size and forecast, by application
7.5.5.3.3.    Market size and forecast, by organization size

CHAPTER 8:    COMPETITIVE LANDSCAPE

8.1.    Competitive dashboard
8.2.    Key developments

8.2.1.    New product launches
8.2.2.    Partnership
8.2.3.    Product development
8.2.4.    Collaboration
8.2.5.    Acquisition
8.2.6.    Agreement

8.3.    Top winning strategies

CHAPTER 9:    COMPANY PROFILE

9.1.    Amazon Web Services, Inc.

9.1.1.    Company overview
9.1.2.    Key executives
9.1.3.    Company snapshot
9.1.4.    Operating business segments
9.1.5.    Product portfolio
9.1.6.    Business performance
9.1.7.    Key strategic moves and developments

9.2.    Auxesis Services & Technologies (P) Ltd.

9.2.1.    Company overview
9.2.2.    Key Executives
9.2.3.    Company snapshot
9.2.4.    Product portfolio
9.2.5.    Key strategic moves and developments

9.3.    Bitfury Group Limited

9.3.1.    Company overview
9.3.2.    Key executives
9.3.3.    Company snapshot
9.3.4.    Product portfolio
9.3.5.    Key strategic moves and developments

9.4.    Cognizant

9.4.1.    Company overview
9.4.2.    Key Executives
9.4.3.    Company snapshot
9.4.4.    Operating business segments
9.4.5.    Product portfolio
9.4.6.    R&D Expenditure
9.4.7.    Business performance
9.4.8.    Key strategic moves and developments

9.5.    Infosys Limited

9.5.1.    Company overview
9.5.2.    Key Executives
9.5.3.    Company snapshot
9.5.4.    Product portfolio
9.5.5.    R&D expenditure
9.5.6.    Business performance
9.5.7.    Key strategic moves and developments

9.6.    International Business Machines Corporation

9.6.1.    Company overview
9.6.2.    Key Executives
9.6.3.    Company snapshot
9.6.4.    Operating business segments
9.6.5.    Product portfolio
9.6.6.    R&D Expenditure
9.6.7.    Business performance
9.6.8.    Key strategic moves and developments

9.7.    Microsoft Corporation

9.7.1.    Company overview
9.7.2.    Key executives
9.7.3.    Company snapshot
9.7.4.    Operating business segments
9.7.5.    Product portfolio
9.7.6.    R&D expenditure
9.7.7.    Business performance
9.7.8.    Key strategic moves and developments

9.8.    Oracle Corporation

9.8.1.    Company overview
9.8.2.    Key executives
9.8.3.    Company snapshot
9.8.4.    Operating business segments
9.8.5.    Product portfolio
9.8.6.    R&D expenditure
9.8.7.    Business performance
9.8.8.    Key strategic moves and developments

9.9.    SAP SE

9.9.1.    Company overview
9.9.2.    Key Executives
9.9.3.    Company snapshot
9.9.4.    Operating business segments
9.9.5.    Product portfolio
9.9.6.    R&D Expenditure
9.9.7.    Business performance
9.9.8.    Key strategic moves and developments

9.10.    Tata Consultancy Services Limited

9.10.1.    Company overview
9.10.2.    Key Executives
9.10.3.    Company snapshot
9.10.4.    Product portfolio
9.10.5.    R&D Expenditure
9.10.6.    Business performance
9.10.7.    Key strategic moves and developments

LIST OF TABLES

TABLE 01.    GLOBAL BLOCKCHAIN IN RETAIL MARKET, BY COMPONENT, 2018–20262018–2026 ($MILLION)
TABLE 02.    BLOCKCHAIN IN RETAIL MARKET REVENUE FOR PLATFORM, BY REGION, 2018–2026 ($MILLION)
TABLE 03.    BLOCKCHAIN IN RETAIL MARKET REVENUE FOR SERVICES, BY REGION, 2018–2026 ($MILLION)
TABLE 04.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 05.    BLOCKCHAIN IN RETAIL MARKET REVENUE FOR LOYALTY AND REWARDS MANAGEMENT, BY REGION, 2018–2026 ($MILLION)
TABLE 06.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE FOR IDENTITY MANAGEMENT, BY REGION, 2018–2026 ($MILLION)
TABLE 07.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE FOR SUPPLY CHAIN MANAGEMENT, BY REGION, 2018–2026 ($MILLION)
TABLE 08.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE FOR PAYMENTS AND SMART CONTRACTS, BY REGION, 2018–2026 ($MILLION)
TABLE 09.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE FOR COMPLIANCE MANAGEMENT, BY REGION, 2018–2026 ($MILLION)
TABLE 10.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE FOR OTHERS, BY REGION, 2018–2026 ($MILLION)
TABLE 11.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 12.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE FOR LARGE ENTERPRISES, BY REGION 2018–2026 ($MILLION)
TABLE 13.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE FOR SMALL AND MEDIUM ENTERPRISES, BY REGION 2018–2026 ($MILLION)
TABLE 14.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE, BY REGION, 2018–2026 ($MILLION)
TABLE 15.    NORTH AMERICA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 16.    NORTH AMERICA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)
TABLE 17.    NORTH AMERICA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 18.    NORTH AMERICA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 19.    U.S. BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 20.    U.S. BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 21.    U.S. BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 22.    CANADA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 23.    CANADA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 24.    CANADA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 25.    EUROPE BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 26.    EUROPE BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)
TABLE 27.    EUROPE BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 28.    EUROPE BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 29.    UK BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 30.    UK BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 31.    UK BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 32.    GERMANY BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 33.    GERMANY BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 34.    GERMANY BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 35.    FRANCE BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 36.    FRANCE BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 37.    FRANCE BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 38.    SPAIN BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 39.    SPAIN BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 40.    SPAIN BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 41.    REST OF EUROPE BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 42.    REST OF EUROPE BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 43.    REST OF EUROPE BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 44.    ASIA-PACIFIC BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 45.    ASIA-PACIFIC BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)
TABLE 46.    ASIA-PACIFIC BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 47.    ASIA-PACIFIC BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 48.    CHINA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 49.    CHINA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 50.    CHINA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 51.    INDIA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 52.    INDIA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 53.    INDIA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 54.    JAPAN BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 55.    JAPAN BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 56.    JAPAN BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 57.    AUSTRALIA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 58.    AUSTRALIA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 59.    AUSTRALIA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 60.    REST OF ASIA-PACIFIC BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 61.    REST OF ASIA-PACIFIC BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 62.    REST OF ASIA-PACIFIC BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 63.    LAMEA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 64.    LAMEA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)
TABLE 65.    LAMEA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 66.    LAMEA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 67.    LATIN AMERICA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 68.    LATIN AMERICA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 69.    LATIN AMERICA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 70.    MIDDLE EAST BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 71.    MIDDLE EAST BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 72.    MIDDLE EAST BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 73.    AFRICA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT 2018–2026 ($MILLION)
TABLE 74.    AFRICA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 75.    AFRICA BLOCKCHAIN IN RETAIL MARKET REVENUE, BY ORGANIZATION SIZE, 2018–2026 ($MILLION)
TABLE 76.    KEY NEW PRODUCT LAUNCHES (2016-2019)
TABLE 77.    PARTNERSHIP (2016-2019)
TABLE 78.    PRODUCT DEVELOPMENTS (2016-2019)
TABLE 79.    COLLABORATION (2016-2019)
TABLE 80.    ACQUISTION (2016-2019)
TABLE 81.    AGREEMENT (2016-2019)
TABLE 82.    AMAZON WEB SERVICES, INC.: KEY EXECUTIVES
TABLE 83.    AMAZON WEB SERVICES, INC.: COMPANY SNAPSHOT
TABLE 84.    AMAZON WEB SERVICES, INC.: OPERATING SEGMENTS
TABLE 85.    AMAZON WEB SERVICES, INC.: PRODUCT PORTFOLIO
TABLE 86.    AUXESIS SERVICES & TECHNOLOGIES (P) LTD.: KEY EXECUTIVES
TABLE 87.    AUXESIS SERVICES & TECHNOLOGIES (P) LTD.: COMPANY SNAPSHOT
TABLE 88.    AUXESIS SERVICES & TECHNOLOGIES (P) LTD.: PRODUCT PORTFOLIO
TABLE 89.    BITFURY GROUP LIMITED: KEY EXECUTIVES
TABLE 90.    BITFURY GROUP LIMITED: COMPANY SNAPSHOT
TABLE 91.    BITFURY GROUP LIMITED: PRODUCT PORTFOLIO
TABLE 92.    COGNIZANT: KEY EXECUTIVES
TABLE 93.    COGNIZANT: COMPANY SNAPSHOT
TABLE 94.    COGNIZANT: OPERATING SEGMENTS
TABLE 95.    COGNIZANT: PRODUCT PORTFOLIO
TABLE 96.    INFOSYS LIMITED: KEY EXECUTIVES
TABLE 97.    INFOSYS LIMITED: COMPANY SNAPSHOT
TABLE 98.    INFOSYS LIMITED: PRODUCT PORTFOLIO
TABLE 99.    INTERNATIONAL BUSINESS MACHINES CORPORATION: KEY EXECUTIVES
TABLE 100.    INTERNATIONAL BUSINESS MACHINES CORPORATION: COMPANY SNAPSHOT
TABLE 101.    INTERNATIONAL BUSINESS MACHINES CORPORATION: OPERATING SEGMENTS
TABLE 102.    INTERNATIONAL BUSINESS MACHINES CORPORATION: PRODUCT PORTFOLIO
TABLE 103.    MICROSOFT CORPORATION: KEY EXECUTIVES
TABLE 104.    MICROSOFT CORPORATION: COMPANY SNAPSHOT
TABLE 105.    MICROSOFT CORPORATION: OPERATING SEGMENTS
TABLE 106.    MICROSOFT CORPORATION: PRODUCT PORTFOLIO
TABLE 107.    ORACLE CORPORATION: KEY EXECUTIVES
TABLE 108.    ORACLE CORPORATION: COMPANY SNAPSHOT
TABLE 109.    ORACLE CORPORATION: OPERATING SEGMENTS
TABLE 110.    ORACLE CORPORATION: PRODUCT PORTFOLIO
TABLE 111.    ORACLE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 112.    SAP SE: KEY EXECUTIVES
TABLE 113.    SAP SE: COMPANY SNAPSHOT
TABLE 114.    SAP SE: OPERATING SEGMENTS
TABLE 115.    SAP SE: PRODUCT PORTFOLIO
TABLE 116.    TATA CONSULTANCY SERVICES LIMITED: KEY EXECUTIVES
TABLE 117.    TATA CONSULTANCY SERVICES LIMITED: COMPANY SNAPSHOT
TABLE 118.    TATA CONSULTANCY SERVICES LIMITED: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.    KEY MARKET SEGMENTS
FIGURE 02.    GLOBAL BLOCKCHAIN IN RETAIL MARKET, 2018–2026
FIGURE 03.    GLOBAL BLOCKCHAIN IN RETAIL MARKET, BY REGION, 2018–2026
FIGURE 04.    TOP IMPACTING FACTORS
FIGURE 05.    TOP INVESTMENT POCKETS
FIGURE 06.    MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.    MODERATE-TO-HIGH BARGAINING POWER OF BUYER
FIGURE 08.    MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 09.    MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 10.    MODERATE-TO-HIGH COMPETITIVE RIVALRY
FIGURE 11.    IMPACT OF GOVERNMENT REGULATIONS ON BLOCKCHAIN IN RETAIL MARKET
FIGURE 12.    MARKET DYNAMICS
FIGURE 13.    BLOCKCHAIN IN RETAIL INDUSTRY
FIGURE 14.    PATENT ANALYSIS, BY REGION
FIGURE 15.    PATENT ANALYSIS, BY APPLICANT
FIGURE 16.    GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE, BY COMPONENT, 2018–2026 ($MILLION)
FIGURE 17.    COMPARATIVE SHARE ANALYSIS OF GLOBAL BLOCKCHAIN IN RETAIL MARKET FOR PLATFORM, BY COUNTRY,  2018 & 2026(%)
FIGURE 18.    COMPARATIVE SHARE ANALYSIS OF GLOBAL BLOCKCHAIN IN RETAIL MARKET FOR SREVICES, BY COUNTRY, 2018 & 2026(%)
FIGURE 19.    GLOBAL BLOCKCHAIN IN RETAIL MARKET, BY APPLICATION, 2018–2026
FIGURE 20.    COMPARATIVE SHARE ANALYSIS GLOBAL BLOCKCHAIN IN RETAIL MARKET FOR LOYALTY AND REWARDS MANAGEMENT, BY COUNTRY, 2018 & 2026(%)
FIGURE 21.    COMPARATIVE SHARE ANALYSIS GLOBAL BLOCKCHAIN IN RETAIL MARKET FOR IDENTITY MANAGEMENT, BY COUNTRY, 2018 & 2026(%)
FIGURE 22.    COMPARATIVE SHARE ANALYSIS GLOBAL BLOCKCHAIN IN RETAIL MARKET FOR SUPPLY CHAIN MANAGEMENT, BY COUNTRY, 2018 & 2026(%)
FIGURE 23.    COMPARATIVE SHARE ANALYSIS GLOBAL BLOCKCHAIN IN RETAIL MARKET FOR PAYMENTS AND SMART CONTRACTS, BY COUNTRY, 2018 & 2026(%)
FIGURE 24.    COMPARATIVE SHARE ANALYSIS GLOBAL BLOCKCHAIN IN RETAIL MARKET FOR COMPLIANCE MANAGEMENT, BY COUNTRY, 2018 & 2026(%)
FIGURE 25.    COMPARATIVE SHARE ANALYSIS GLOBAL BLOCKCHAIN IN RETAIL MARKET FOR OTHER, BY COUNTRY,  2018 & 2026(%)
FIGURE 26.    GLOBAL BLOCKCHAIN IN RETAIL MARKET, BY ORGANIZATION SIZE, 2018–2026
FIGURE 27.    COMPARATIVE SHARE ANALYSIS GLOBAL BLOCKCHAIN IN RETAIL MARKET FOR LARGE ENTERPRISES, BY COUNTRY,  2018 & 2026 (%)
FIGURE 28.    COMPARATIVE SHARE ANALYSIS GLOBAL BLOCKCHAIN IN RETAIL MARKET FOR SMALL AND MEDIUM ENTERPRISES, BY COUNTRY,  2018 & 2026 (%)
FIGURE 29.    U.S. BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 30.    CANADA BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 31.    UK BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 32.    GERMANY BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 33.    FRANCE BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 34.    SPAIN BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 35.    REST OF EUROPE BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 36.    CHINA BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 37.    INDIA BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 38.    JAPAN BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 39.    AUSTRALIA BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 40.    REST OF ASIA-PACIFIC BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 41.    LATIN AMERICA BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 42.    MIDDLE EAST BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 43.    AFRICA BLOCKCHAIN IN RETAIL MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 44.    COMPETITIVE DASHBOARD
FIGURE 45.    COMPETITIVE DASHBOARD
FIGURE 46.    COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 47.    TOP WINNING STRATEGIES, BY YEAR, 2016-2019
FIGURE 48.    TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016-2019
FIGURE 49.    TOP WINNING STRATEGIES, BY COMPANY, 2016-2019
FIGURE 50.    AMAZON.COM, INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 51.    AMAZON.COM, INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 52.    AMAZON.COM, INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 53.    COGNIZANT: REVENUE, 2016–2018 ($MILLION)
FIGURE 54.    COGNIZANT: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 55.    COGNIZANT: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 56.    R&D EXPENDITURE, 2016–2019 ($MILLION)
FIGURE 57.    INFOSYS LIMITED: REVENUE, 2016–2019 ($MILLION)
FIGURE 58.    INFOSYS LIMITED: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 59.    R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 60.    INTERNATIONAL BUSINESS MACHINES CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 61.    INTERNATIONAL BUSINESS MACHINES CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 62.    INTERNATIONAL BUSINESS MACHINES CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 63.    R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 64.    MICROSOFT CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 65.    MICROSOFT CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 66.    MICROSOFT CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 67.    R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 68.    ORACLE CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 69.    ORACLE CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 70.    ORACLE CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 71.    R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 72.    SAP SE: Revenue, 2016–2018 ($MILLION)
FIGURE 73.    SAP SE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 74.    SAP SE: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 75.    R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 76.    TATA CONSULTANCY SERVICES LIMITED: REVENUE, 2017–2019 ($MILLION)
FIGURE 77.    TATA CONSULTANCY SERVICES LIMITED: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 78.    TATA CONSULTANCY SERVICES LIMITED: REVENUE SHARE BY REGION, 2019 (%)

 
 

According to the CXOs of the leading companies, the global blockchain in retail market in the U.S. and Asia-Pacific, experiencing rapid growth and has a huge scope for development. In addition, positive returns on investment in the blockchain technology are anticipated to offer opportunities for the improvement of existing blockchain platform and solutions. Majority of market players are collaborating with numerous government entities and retail institutions globally. For instance, through Horizon 2020, the EU is supporting blockchain pilot projects. EUs research and innovation programme has invested $169.1 million since 2017 in areas such as digital identity, energy, and E-health, and is further expected to reach $333 million by 2020. In addition, increase in demand for transparency in transactions and smart contracts is the key factor driving the market growth for blockchain in retail industry. Also, increase in investment by retail industries in blockchain-based solutions is also expected to boost the market growth.

Furthermore, surge in interest in blockchain in retail systems among investors and operators is one of the major factors fueling the market growth. Also, smart contract connects to various blockchains that allows to track multiple assets. These contracts are reducing procure-to-pay gaps, which results into integrated delivery and payment model in digital contracts across enterprises. Moreover, blockchain technology is in its initial stages of development and needs to overcome several technical as well as regulatory risks as well as challenges before its widespread adoption.

Furthermore, blockchain in retail is a consolidated market as players such as Amazon Web Services, Inc. (AWS), Auxesis Services & Technologies (P) Ltd., Bitfury Group Limited, Cognizant, Infosys Limited, International Business Machines Corporation (IBM), Microsoft Corporation, Oracle Corporation, SAP SE, and Tata Consultancy Services Limited hold a major share globally. However, the market is expected to become fragmented in near future, as many players in developing countries are evolving and coming up with enhanced and innovative blockchain solutions and strategies.
 

 

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