Blockchain in Retail market was valued at USD 206.55 million in 2021 and is expected to reach USD 9402.73 million by the year 2028, at a CAGR of 72.54%. The Analysis Period 2023-2030.
A blockchain in retail is a system that encourages more trustworthy and authentic interactions between the company and the customer. The main advantage of this system is that it promotes loyalty and thorough transparency. Blockchain in retail collaborates with current systems to provide real-time data that enables a better understanding of the customers and easy transactions. blockchain in retail provides facilities like real-time delivery and services in record time for the retailers.
Top Key Players Covered in The Blockchain in Retail Market
IBM, SAP, Microsoft, Oracle, AWS, Bitfury, Auxesis Group, Cegeka, BTL, Guardtime, Coin Base, Loyyal, Sofocle, BigChainDB, RecordsKeeper, BitPay, Abra, Reply, Provenance, ModulTrade, Blockverify, OGYDocs, Warranteer, Amazon Web Services Inc., Capgemini SE, Accenture PLC, Cognizant Technology Solutions Corp., Blockchain Foundary, and other major players.
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For the Purpose Of This Report, Reports And Data Has Segmented The Global Blockchain in Retail Market On The Basis Of Type, By Source, By Product, And Region:
By Provider
By Application
By Component
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Covid-19 Impact Analysis on Blockchain in Retail Market
As the pandemic hit the globe, the rise of online retailers increased due to the presence of major companies in blockchain in retail market and the organizations more secured and precautious of the company's revenue. With the emergence of the e-commerce industry and the retailers now more inclined towards digitalizing the blockchain in retail market, the growth in the lockdown period for the blockchain in retail market is flourishing across the globe. The introspective market research provides a more detailed analysis and impact of COVID-19 in the blockchain in retail report.
Report Includes Competitor's Landscape:
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Dec 21, 2023