DUBLIN–(BUSINESS WIRE)–The “Blockchain in Retail Market” report has been added to ResearchAndMarkets.com’s offering.

Overview of the Blockchain in Retail Market:

The author’s market research report predicts that the global blockchain in retail market will grow at a CAGR of more than 65% during the forecast period.

Blockchain applications for the retailers are made on permissioned ledgers which are controlled by some actors or miners, which enhances security and traceability. The market is expected to grow as several IT players as well as start-ups have initiated the promising pilot projects. For example Nestle, a food retail giant in July 2019 announced that it would pilot the open blockchain technology for tracking its products along the supply chain. Walmart is testing the blockchain application to provide traceability for farm to fork and to improve transparency, efficiency, and food safety.

Retail industry is transforming continuously and is becoming more personalized by offering product recommendations and frictionless customer shopping experience. Customers today demand for more personalized shopping experience and

faster transaction times, which is fueling the adoption of advanced technologies in the retail industry. Blockchain technology is supporting retail and e-commerce sector by offering more security, visibility and enhanced supply chain transparency. For enhancing the business models and store fulfillment, many retailers are adopting blockchain technology. Retailers are also taking initiatives to integrate cryptocurrencies into their operations. Rakuten, a Japan-based online retailer accepts bitcoin payments and is planning to introduce Rakuten Coin, a new crypto currency that will support the company’s loyalty services.

Blockchain in Retail Market Competitive Analysis and Key Vendors:

The report covers and analyzes the global blockchain in retail market. Major vendors across different verticals are planning for high investments in this market and as a result, the blockchain in retail market is expected to grow at an impressive rate in the coming years. The key players in this market are adopting various organic as well as inorganic growth strategies such as mergers & acquisitions, collaborations & partnerships, joint ventures, and few other strategies to be in the strong position in the market.

Read More: Retailers Around the World That Accept Crypto, From Pizza to Travel

Blockchain in Retail Market Research Benefits:

The report provides an in-depth analysis of the blockchain in retail market. The blockchain in retail industry offers many advantages including greater scalability, increased innovation, and enhanced transparency & security. Blockchain technology can close the trust gap by establishing enhanced trust between retailers and consumers as well as within entire retail supply chain. Blockchain is also helping retailers in protecting and managing the consumer data. The report discusses the market in terms of providers, applications, verticals, and regions. Further, the report provides details about the major challenges impacting the market growth.

Key Topics Covered:

1. Executive Summary
   1. Synopsis of Key Findings
2. Industry Outlook
   1. Overview
   2. Key Industry Trends
3. Market Snapshot
   1. Total Addressable Market
   2. Segment Addressable Market
   3. PEST Analysis
   4. Porter’s Five Force Analysis
   5. Related Markets
4. Market Characteristics
   1. Market Ecosystem
   2. Market Segmentation
   3. Market Dynamics
   4. Market Drivers
   5. Market Restraints
   6. Market Opportunities
   7. DRO Impact Analysis
5. Global Blockchain in Retail Market, By Providers
   1. Overview
   2. Application Providers
   3. Middleware Providers
   4. Infrastructure Providers
6. Global Blockchain in Retail Market, By Applications
   1. Overview
   2. Supply Chain Tracking
   3. Smart Loyalty Programs
   4. Identity Management
   5. Fraud and Counterfeit
   6. Smart Contracts
   7. Compliance Management
   8. Payments
   9. Others
7. Global Blockchain in Retail Market, By Organization Size
   1. Overview
   2. SME’s
   3. Large Enterprises
8. Global Blockchain in Retail Market, By Region
   1. Overview
   2. North America
   3. US
   4. Canada
   5. Europe
   6. Germany
   7. UK
   8. RoE
   9. APAC
   10. China
   11. India
   12. RoAPAC
   13. RoW
   14. MEA
   15. Latin America
9. Competitive Landscape
   1. Competitor Analysis
   2. Product/Offerings Portfolio Analysis
   3. Market Developments
   4. Mergers & Acquisitions (M&A), Expansions, and Partnerships
   5. Business Restructuring
   6. Product Launches & Exhibition
10. Vendor Profiles
    1. IBM
    2. Analyst Opinion
    3. Business Analysis
    4. Microsoft
    5. SAP
    6. AWS
    7. Oracle
    8. Auxesis Group
    9. Bitfury
    10. Guardtime
    11. CoinBase
    12. Reply
    13. BitPay
    14. Project Provenance
11. Annexure
    1. Report Scope
    2. Market Definition
    3. Research Methodology
    4. Data Collation & In-house Estimation
    5. Market Triangulation
    6. Forecasting
    7. Study Declarations
    8. Report Assumptions
    9. Stakeholders
    10. Abbreviations

For more information about this report visit: https://www.researchandmarkets.com/reports/4846882/blockchain-in-retail-market

News Source: businesswire.com