Market Overview
Blockchain is a distributed ledger technology that allows numerous participants in a business network to create an immutable record of transactions. There is no third-party control over blockchain. Anyone who can read, write, and hold a copy of it may read, write, and hold a copy of it. This technique protects against dishonest agreements in shared virtual records. Blockchain technology enables peer-to-peer transactions, eliminating the need for a trusted middleman. Its data is fully reliable, up to date, accurate, and readily accessible.

Market Highlights
Blockchain market is expected to project a notable CAGR of 46.59% in 2031
Blockchain market to surpass USD 196.91 billion by 2031 from USD 4.30 billion in 2021 at a CAGR of 46.59% in the coming years, i.e., 2022-31. The entire blockchain market will be driven by the growing desire to simplify corporate operations and the need for supply chain management solutions that are linked with blockchain technology.

Blockchain Market: Segments
segment to grow with the highest CAGR during 2021-31
Blockchain market is segmented by Type into Private, Public, and Hybrid. The Private segment held the largest market share in 2020 and is anticipated to register the highest growth over the forecast period. A private blockchain is a shared database or ledger that uses standard security measures like limited user privileges to keep it safe. A private blockchain’s security is often supplied via private keys that are only known by the connected entity. A private blockchain is a type of blockchain in which write permissions are controlled inside a single company. Read rights may also be limited depending on the usefulness of the organization. Businesses have greater chances to leverage blockchain technology for business-to-business use cases with a private blockchain.

SMEs segment to grow with the highest CAGR during 2021-31
Blockchain market is segmented by organization size into Large Enterprises and SMEs. Over the projection period, the SMEs sector is expected to increase at the fastest rate due to the need for streamlining the business processes cost-effectively across SMEs. The majority of SMEs are still testing with blockchain technology; however, due to cheap infrastructure costs and transparency, the adoption rate in the SMEs category is projected to rise significantly in the next years.

Blockchain Market: Key Players
IBM Corporation

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

R3TEK
Oracle Corporation
Linux Foundation
Microsoft Corporation
Tata Consultancy Services Limited
LeewayHertz
Chain, Inc.
JD.com, Inc.
Itransition
Blockchain Market: Regions
Blockchain market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Blockchain market in North America held the largest market share in the year 2020. In the blockchain market, North America is expected to have the highest market size. The region’s early adoption of blockchain technologies, as well as the advent of many blockchain technology providers, will add to the market’s total share. Businesses in North America have realized the value of blockchain technology in providing better customer experiences, and they have begun to use it to create business applications.

Segmentation
By component
Platform
Services
By provide
Application Providers
Middleware Providers
Infrastructure Providers
By type
Private
Public
Hybrid
By organization size
Large Enterprises
SMEs
Blockchain Market Dynamics
Blockchain Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints

The post Blockchain market : Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030 first appeared on CRI Report.

After proving its mettle in the cryptocurrency world, Blockchain (BC), a distributed open ledger technology, has started disrupting other industries such as healthcare, automotive, BFSI, transportation, etc. In the agri-food industry, where the supply chain is a vital part of the industry, BC-based solutions facilitate trust and acceptability.

The outbreak of food-borne illnesses, food frauds and mishandling of produce, has only added to the need for developing track and trace solutions, available with a BC-enabled solution.

Over the years, BC technology has grown and has had a positive influence on the agri-food industry. This trend can only be expected to strengthen over time.

Blockchain solutions for the agri-food industry range from managing food wastes to cost reduction. It has also addressed solutions for crop insurance, fair-trade practices, and established a direct contact between consumers and producers.

This report includes a comprehensive analysis of the adoption of BC technology in the agri-food industry, and highlights the major trends and opportunities across the ecosystem.

Blockchain Impact and Adoption Trend Analysis
This section of the report identifies the segments of the agri-food industry from the perspective of BC technology. This includes a summary of the structure and ecosystem, foundational elements, types of BC and their uses, and a detailed analysis of the impact of this technology on the agri-food industry as a whole.

The section also provides a detailed analysis of the various use cases and applications of BC in agri-food, its benefits, implementation challenges, and the expected timeline for its adoption in agri-food. Moreover, it highlights the future business models and opportunities that are anticipated to arise from the adoption of BC.

Competitive Analysis
This section lists the top startups and technology companies that are making their mark in the industry. Some of the top companies that are focused on agri-food services through BC-enabled agri-food solutions – track and trace, commodity trading and marketplace, asset management, insurance management, etc. – have been profiled in detail.

The section also addresses and provides answers to questions pertaining to product offerings and technologies, key developments, funding activities, and an outlook that will define the future of BC in the agri-food industry.

Some of the top technology companies included and profiled in the report are IBM, SAP, Microsoft, Accenture, and AWS. Some of the startups profiled include AgriDigital, WorldCover, Foodlogiq, Indigo Agriculture, and Provenance.

Blockchain Market Size & Share to Rise at Significant CAGR for Forecast Year 2020-2030

The post Blockchain Adoption in Agri-Food Industry first appeared on CRI Report.

The post Blockchain: Adoption in Healthcare Industry first appeared on CRI Report.