Global Blockchain in Retail Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Blockchain in Retail Market is presumed to reach the market size of nearly USD 12670.52 Billion by 2032 from USD 296.39 Billion in 2023 with a CAGR of 51.78% under the study period 2024-2032.

Blockchain in retail refers to applying blockchain technology in the retail industry to improve transparency, traceability, and security in supply chains, enhance customer trust, and enable new business models and customer experiences. Blockchain enables the creation of decentralized, tamper-proof digital ledgers that record and verify transactions, product provenance, and ownership across the retail ecosystem. It allows retailers to track the movement of goods from suppliers to consumers, authenticate product authenticity, ensure compliance with regulatory standards, and detect and prevent counterfeit or fraudulent activities. It also facilitates innovative solutions such as loyalty programs, product warranties, and supply chain finance, offering opportunities for efficiency gains and value creation in the retail sector.

MARKET DYNAMICS

The market for blockchain in retail is experiencing rapid growth driven by several key factors reshaping the retail landscape and driving demand for innovative solutions that enhance transparency, trust, and efficiency across the supply chain and customer experience. The rise of e-commerce & omnichannel retailing has increased the complexity & interconnectedness of supply chain networks, leading to challenges such as counterfeit goods, supply chain visibility gaps, and inefficiencies in inventory management and order fulfillment. Blockchain technology provides a decentralized & immutable ledger that enables secure and transparent record-keeping of transactions, product provenance, and supply chain events, reducing the risk of fraud, enhancing traceability, and improving supply chain efficiency. Moreover, the growing consumer demand for ethically sourced, sustainably produced, and authentic products drives retailers to adopt blockchain-based solutions for product authentication, origin tracking, and sustainability certifications, enabling consumers to make informed purchasing decisions and support brands aligned with their values. Additionally, regulatory mandates and industry standards for product safety, data privacy, and supply chain transparency drive the adoption of blockchain technology to ensure compliance, mitigate risks, and build consumer trust in retail operations. Furthermore, the increasing focus on customer loyalty, personalization, and data-driven marketing strategies drives investments in blockchain-based loyalty programs, customer identity management, and targeted advertising solutions that leverage blockchain's security and data integrity features to protect consumer data and enhance customer engagement. Moreover, the proliferation of digital marketplaces, peer-to-peer (P2P) commerce platforms, and decentralized finance (DeFi) ecosystems creates opportunities for blockchain in retail market. However, changes in consumer behavior and retail trends may challenge the blockchain in retail market growth in the coming years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Blockchain in Retail. The growth and trends of Blockchain in Retail industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Blockchain in Retail market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Product

Public
Private
Hybrid

By Application

Supply Chain & Inventory Management
Payments & Accounting
Loyalty & Rewards
Advertising and Consumer Data
Fraud Detection
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Blockchain in Retail market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Blockchain in Retail market include Microsoft Corporation, IBM Corporation, SAP SE, Oracle Corporation, Amazon Web Services Inc., Coinbase, BitPay, BTL Group Ltd., Earthport PLC, BitFury Group Limited. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112114502

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. BLOCKCHAIN IN RETAIL - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL BLOCKCHAIN IN RETAIL MARKET ANALYSIS BY PRODUCT

5.1. Overview By Product
5.2. Historical and Forecast Data
5.3. Analysis By Product
5.4. Public Historic and Forecast Sales By Regions
5.5. Private Historic and Forecast Sales By Regions
5.6. Hybrid Historic and Forecast Sales By Regions

6. GLOBAL BLOCKCHAIN IN RETAIL MARKET ANALYSIS BY APPLICATION

6.1. Overview By Application
6.2. Historical and Forecast Data
6.3. Analysis By Application
6.4. Supply Chain & Inventory Management Historic and Forecast Sales By Regions
6.5. Payments & Accounting Historic and Forecast Sales By Regions
6.6. Loyalty & Rewards Historic and Forecast Sales By Regions
6.7. Advertising and Consumer Data Historic and Forecast Sales By Regions
6.8. Fraud Detection Historic and Forecast Sales By Regions
6.9. Others Historic and Forecast Sales By Regions

7. GLOBAL BLOCKCHAIN IN RETAIL MARKET ANALYSIS BY GEOGRAPHY

7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis

8. COMPETITIVE LANDSCAPE OF THE BLOCKCHAIN IN RETAIL COMPANIES

8.1. Blockchain in Retail Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments

9. COMPANY PROFILES OF BLOCKCHAIN IN RETAIL INDUSTRY

9.1. Top Companies Market Share Analysis
9.2. Market Concentration Rate
9.3. Microsoft Corporation
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
9.4. IBM Corporation
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
9.5. SAP SE
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
9.6. Oracle Corporation
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
9.7. Amazon Web Services Inc.
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments
9.8. Coinbase
- 9.8.1 Company Overview
- 9.8.2 Company Revenue
- 9.8.3 Products
- 9.8.4 Recent Developments
9.9. BitPay
- 9.9.1 Company Overview
- 9.9.2 Company Revenue
- 9.9.3 Products
- 9.9.4 Recent Developments
9.10. BTL Group Ltd.
- 9.10.1 Company Overview
- 9.10.2 Company Revenue
- 9.10.3 Products
- 9.10.4 Recent Developments
9.11. Earthport PLC
- 9.11.1 Company Overview
- 9.11.2 Company Revenue
- 9.11.3 Products
- 9.11.4 Recent Developments
9.12. BitFury Group Limited
- 9.12.1 Company Overview
- 9.12.2 Company Revenue
- 9.12.3 Products
- 9.12.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies