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Home»Blockchain»Blockchain in Retail Industry Trends and Competition
Blockchain

Blockchain in Retail Industry Trends and Competition

January 24, 2025No Comments
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Dublin, January 24, 2025 (GLOBE NEWSWIRE) — “Blockchain in Retail Market Report 2025” has been added to ResearchAndMarkets.com offer.

This Blockchain in Retail Market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this walk. It traces historical and forecast market growth by geography.

The size of blockchain in the retail market has grown exponentially in recent years. It will grow from $2.92 billion in 2024 to $5.43 billion in 2025, at a compound annual growth rate (CAGR) of 86.2%. The growth during the historic period can be attributed to supply chain transparency, streamlining of payments and transactions, adoption of smart contracts, efficient inventory management, and cross-border transactions.

The retail blockchain market size is expected to grow exponentially over the next few years. It will reach $63.51 billion in 2029, at a compound annual growth rate (CAGR) of 84.9%. The growth during the forecast period can be attributed to improved product traceability, cross-industry collaboration, decentralized identity verification, asset tokenization, and regulatory compliance. Key trends in the forecast period include blockchain-based digital markets, integration with artificial intelligence, enhanced data security measures, blockchain-based voting systems, and cross-industry collaborations.

North America was the largest region in the blockchain retail market in 2024. Asia Pacific is expected to be the fastest growing region during the forecast period. The regions covered in the blockchain retail market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the blockchain retail market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea , the United Kingdom, the United States, Italy, Canada and Spain.

Scope of the report

Markets covered:

1) By Component: Platform or Solutions; Services
2) By providers: application providers; Middleware providers; Infrastructure providers
3) By application: compliance management; Identity management; Loyalty and rewards management; Payments; Smart contracts; Supply chain management; Other apps

Sub-segments:

1) By platform or solutions: Blockchain-as-a-Service (BaaS); Distributed Ledger Technology (DLT); Smart contracts; Identity management solutions; Payment and settlement solutions
2) By services: consulting services; Integration services; Managed Services; Support and maintenance services

Key Companies Profiled in Blockchain in Retail Market: International Office Machinery Society; SAP SE; Oracle Company; Bitfury Group Limited; Auxesis Services & Technologies (P) Ltd.

Time series: Five historical years and ten years forecast.

Data: Market size and growth ratios to related markets, GDP proportions, per capita spending.

Data segmentation: National and regional historical and forecast data, competitor market share, market segments.

Key attributes

Report attribute Details
Number of pages 200
Forecast period 2025-2029
Estimated market value (USD) in 2025 $5.43 billion
Projected Market Value (USD) by 2029 $63.51 billion
Compound annual growth rate 84.9%
Regions covered Global

Top companies profiled in this Blockchain in Retail Market report include:

  • International Office Machinery Society
  • SAP SE
  • Oracle Company
  • Bitfury Group Limited
  • Auxesis Services & Technologies (P) Ltd.
  • Walmart Inc.
  • Target company
  • Alibaba Group Holding Limited
  • Overstock.com Inc.
  • Blockverify Limited
  • Amazon Web Services Inc.
  • Chronicle Inc.
  • Coinfirm Limited
  • The De Beers group
  • Everledger Limited
  • Filament, Inc.
  • Fluent Inc.
  • Loyal company
  • modum.io AG
  • Limited Provenance
  • Mature Technology Inc.
  • Skuchain Inc.
  • Sweetbridge Inc.
  • Taeltech Pte. Ltd.
  • TE-FOOD International GmbH
  • VeChain Foundation San Marino Srl
  • Ambrosus Technologies GmbH
  • ARCNET Corp.
  • Block Array LLC
  • Chainvine Limited
  • OriginTrail doo

For more information on this report, visit

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of market research reports and international market data. We provide you with the latest data on international and regional markets, key industries, largest companies, new products and latest trends.

  • Blockchain in the retail market


            



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