Global Blockchain in Retail Market Is
Registering a Healthy 86.6% CAGR Between
2019-2024
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 a 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, Bit fury Group Limited., Cegeka, Auxesis Services & Technologies (P) Ltd., Coin base,
and ModulTrade Ltd among other.
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 Omni channel 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.
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