Blockchain in Retail Market Growth, Demand and Challenges of the Key Industry Players 2023-2028
                     Global Blockchain in 
Retail Market Research 
and Forecast Report 
2023-2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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las t ing resul ts .
Acco r d ing  t o  t he  l a t e s t  r epo r t  by  I M AR C G r oup ,  t i t l e d  " B l o ckch a i n  i n  Re t a i l  
M ar ke t :  G l ob a l  I ndu st ry  T rend s ,  Shar e ,  S i ze ,  G row t h ,  O pp or t u n i t y  and  Fo rec as t  
2023 - 202 8 , "  t he  b loc kcha i n  i n  r e t a i l  m a r k e t  s i ze  r e ache d  US$  370 . 1  M i l l i on  i n  202 2 .
B loc kcha in  i n  r e t a i l  i nv o l ves  t he  u t i l i za t i o n  o f  a  de cen t r a l i ze d  d ig i t a l  l e dge r  t ha t  
Report secu r e l y  r eco r ds  t r ansac t i on s ,  ena b l i ng  g r ea t e r  e f f i c i enc y  and  t r us t  be t we en  pa r t i es  
i nvo l v ed  i n  r e t a i l  ope r a t i ons .  I t  ope r a t es  o n  a  ne t wo r k  o f  n odes ,  r em ov ing  t he  ne ed  
f o r  a  s in g le  co n t r o l l i ng  e n t i t y .  
Highlight and I t  he lp s  i n  r e a l - t im e  t r ac k ing  o f  go ods ,  f r om  m anu f ac t u r e r  t o  r e t a i l e r ,  and  a ids  i n  
r edu c ing  e r r o r s  and  cos t s  ass oc ia t ed  w i t h  i n ven t o r y  m an agem en t .  I t  a l l o ws  r e t a i l e r s  
Description and  in d i v idu a l s  t o  t r a ce  t he  o r i g in  and  j ou r n ey  o f  p r o duc t s ,  im p r ov ing  t r us t  a nd  enab l i ng  au t hen t i ca t i on .  I t  i s  w ide l y  u sed  i n  t he  ban k ing ,  f in anc ia l  s e r v i c es  and  
i nsu r ance  ( BF SI )  se c t o r  t o  va l i da t e  t r ansac t i ons  and  secu r e  con f i den t i a l  i n f o r m a t ion  
o f  c us t om er s .
Reque st  f o r  a  PDF  sam pl e  o f  t h i s  re por t :  
h t t p s : / / www. im ar c g r ou p . com / b lo ckcha in - i n - r e t a i l - m ar ke t / r eque s t sam p le
Report Description
Global  B lockcha in  i n  Reta i l  Market  T rends:
The  rap id  g rowt h  o f  t he  e -commerce  indus t ry  and  t he  inc reas ing  re l iance  o f  i nd iv idua ls  on  on l ine  shopp ing  channe ls  
represent  one  o f  t he  key  fac t o r s  suppor t ing  t he  marke t  g rowth .  E -commerce  p la t f o rms  use  b lockcha in  t o  ach ieve  
unpreceden ted  t r ansparency  in  t r ansac t ions  and supp ly  cha ins .  Add i t i ona l l y ,  r i s ing  cases  o f  da ta  the f t s  and  
cybersecu r i t y  a t tacks  i n  t he  BFSI  sec t o r  a re  d r i v i ng  the  demand f o r  b l ockcha in  techno logy .  Apar t  f r om th is ,  t he  
in t eg ra t i on  o f  b l ockcha in  w i t h  the  In te rne t  o f  Th ings  ( IoT )  i s  o f f e r ing  smar te r  r e t a i l  so lu t i ons ,  i nc lud ing  au t om ated  
checkou ts  and pe rsona l i zed  marke t i ng ,  wh ich  i s  o f f e r ing  a  pos i t i ve  marke t  ou t look .  
Moreover ,  t he  au tomat ion  o f  admin is t ra t i ve  t asks  th rough  smar t  con t rac ts  i s  m in im iz ing  manua l  e r ro rs ,  reduc ing  
overhead cos ts ,  and  mak ing  bus inesses  more  compe t i t i ve .  Fu r t he rmore ,  govern ing  au thor i t i es  o f  severa l  count r ies  a re  
suppor t i ng  b lockcha in  t echno logy  and imp lemen t ing  f avorab le  regu la t ions  t ha t  encourage i t s  adop t ion  in  re t a i l  sec t o r .
Look ing  fo rward ,  the  market  va l ue  is  p ro j ec ted  to  reach  US$  5681 .72  Mi l l i on  by 2028 ,  expand ing  at  a  CAGR o f  
54% dur i ng  2023-2028.
V i ew Report  TOC,  F igures and  Tab les :  h t tps: / / www. i marcgroup .com/b l ockcha in - i n - re ta i l -market
Breakup by Component:
• Platform/Solut ions
• Services
 
Breakup by Type:
• Publ ic Blockchain
• Private Blockchain
Report • Consortium Blockchain
Segmentation
Breakup by Organization Size:
• Large Enterprises
• Small  and Medium-sized Enterprises (SMEs)
Breakup by Application:
• Supply Chain Management
• Food Safety Management
• Customer Data Management
• Identity Management
• Compliance Management
• Others
Report Breakup by Region:
Segmentation • North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Amazon Web Services Inc. (Amazon.com 
Inc.)
• Auxesis Services & Technologies (P) Ltd
• Cognizant
Competitive • Infosys Limited
Landscape • International Business Machines 
Corporation
with Key • Oracle Corporation
Players • Reply
• SAP SE
• Sofocle Technologies Pvt.  Ltd.
• Tata Consultancy Services Limited (Tata 
Group)
How big is the global blockchain in retail market?
What is the expected growth rate of the global 
blockchain in retail market during 2023-2028?
What are the key factors driving the global blockchain 
in retail market?
Key 
What has been the impact of COVID-19 on the global 
Questions blockchain in retail market?
Answered in What is the breakup of the global blockchain in retail market based on the component?
the Report What is the breakup of the global blockchain in retail market based on the type?
What is the breakup of the global blockchain in retail 
market based on the organization size?
What are the key regions in the global blockchain in 
retail market?
Who are the key players/companies in the global 
blockchain in retail market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  B l o c k c h a i n  i n  R e t a i l  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  C o m p o n e n t
    6 . 1     P l a t f o r m / S o l u t i o n s
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     S e r v i c e s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  T y p e
    7 . 1     P u b l i c  B l o c k c h a i n
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     P r i v a t e  B l o c k c h a i n
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     C o n s o r t i u m  B l o c k c h a i n
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  O r g a n i z a t i o n  S i z e
    8 . 1     L a r g e  E n t e r p r i s e s
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
Table of     8 . 2     S m a l l  a n d  M e d i u m - s i z e d  E n t e r p r i s e s  ( S M E s )        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
Contents     9 . 1     S u p p l y  C h a i n  M a n a g e m e n t        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     F o o d  S a f e t y  M a n a g e m e n t
        9 . 2 . 1  M a r k e t  T r e n d s
        9 . 2 . 2  M a r k e t  F o r e c a s t
    9 . 3     C u s t o m e r  D a t a  M a n a g e m e n t
        9 . 3 . 1  M a r k e t  T r e n d s
        9 . 3 . 2  M a r k e t  F o r e c a s t
    9 . 4     I d e n t i t y  M a n a g e m e n t
        9 . 4 . 1  M a r k e t  T r e n d s
        9 . 4 . 2  M a r k e t  F o r e c a s t     
    9 . 5     C o m p l i a n c e  M a n a g e m e n t
        9 . 5 . 1  M a r k e t  T r e n d s
        9 . 5 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / b l o ck ch a in - i n - re t a i l - m a r ke t / t o c
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