Blockchain Technology Market in Transportation and Logistics Industry: North America Holds 55% Market Share | The Marine Segment will be significant in generating revenue

NEW YORK, June 14, 2022 / PRNewswire / – Segmented market for blockchain technology in the transportation and logistics industry Application (sea, land and others) and Geography (North America, EuropeAPAC and south america) Technavio has been added to the offerings. The blockchain technology market has grown in share in the transportation and logistics industry part of the sea has been important in generating revenue. Increasing security and transparency concerns in the shipping industry are driving the implementation of blockchain technology in shipping processes, as blockchain technology works in a secure and scheduled environment. Because blockchain technology uses elaborate data encryption procedures, it is impossible to hack or alter data when it is in a blockchain. This factor is driving more and more blockchain technology in the shipping industry.

Technavio has announced its latest market research report on the Blockchain Technology Market in the Mode and Geography of the Transportation and Logistics Industry – Forecast and Analysis 2021-2025.

Find out the market share of each segment – Download a sample now!

Blockchain Technology Market in the Transport and Logistics Industry Market 2021-2025: Field

The blockchain technology market in the transportation and logistics industry covers the following areas:

Frequently Asked Questions:

  • What are the main market trends?
    The main trend in the blockchain technology market in the transportation and logistics industry is the emergence of blockchain-as-a-service (BaaS).

  • At what rate will the market grow?
    The blockchain technology market in the transportation and logistics industry is expected to grow $ 888.97 million from 2020 to 2025, and the market growth momentum will accelerate at a CAGR of 49.93%.

  • Who are the main players in the market?
    Accenture Plc, Capgemini SE, Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd., Tencent Holdings Ltd. and Wipro Ltd. are some of the major players in the market.

  • What is the main driver of the market?
    The increasing use of blockchain technology for monitoring is driving the blockchain technology market in the growth of the transportation and logistics industry market.

  • How Much is the North American Market?
    It will account for 55% of market growth North America within the prescribed period. USA and Canada they are key markets for the market North America. The growth of the market in this region will be faster than the growth of the regional market.

Blockchain Technology Market in the Transportation and Logistics Industry Market 2021-2025: Segmentation

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Get ready to get great business results from this exclusive Blockchain Technology Market in the Transportation and Logistics Industry Technavo report. The report will include general market citations

  • Historical and estimated revenue figures and CAGR forecast period

  • The current trend in the market

  • Defining Market Growth Potential for Business Tactics Affecting Competitive Scenarios

  • Market drivers, constraints and challenges that affect market demand and growth

  • Regions and segments that will generate high revenues in the coming years and emerge as market leaders

Competition stage Blockchain Technology Market in the Transportation and Logistics Industry reports on the analysis, evaluation and positioning of companies based on different performance indicators. Factors considered for this study include the financial performance of firms in recent years, growth strategies, product innovations, new product launches, investments, market share growth, and so on. Don’t wait, take a strategic approach and push. your business goals with our Blockchain Technology Market with the Transportation and Logistics Industry Forecast Report – Buy now!

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Blockchain Technology Market Transport and Logistics Industry Market Area

Report Coverage

Details

Page number

120

Basic year

2020

Announcement period

2021-2025

Growth moment and CAGR

Accelerate at a CAGR of 49.93%

Market Growth 2021-2025

$ 888.97 million

Market structure

Fragmented

Annual growth (%)

40.00

Making a contribution to the market

55% of North America

Competitive landscape

Leading companies, competitive strategies, the scope of consumer engagement

Profiled companies

Accenture Plc, Capgemini SE, Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd., Tencent Holdings Ltd. and Wipro Ltd.

Market Dynamics

Parental Market Analysis, Market Growth Drives and Barriers, Growing and Growing Segments Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Situation Analysis for the Expected Period,

Customization framework

If our report does not include the data you are looking for, you can contact our analyst and customize the segments.

Table of contents

1 Executive Summary

2 Market Landscape

3 Market Size

4 Five-force analysis

5 Market segmentation by mode

6 Customer Panorama

7 Geographical Landscape

8 Drivers, challenges and trends

9 Vendor Landscape

10 Vendor Analysis

Appendix 11

About us

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides viable information to help companies identify market opportunities and help them develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library has more than 17,000 reports and counts, covering 800 technologies, spread across 50 countries. Their customer base is made up of companies of all sizes, including Fortune 500 companies with over 100 companies. This growing customer base is based on Technavio’s comprehensive coverage, extensive research and viable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio (PRNewsfoto / Technavio)

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