NEW YORK, Aug. 10, 2021 /PRNewswire/ — Technavio forecasts the blockchain technology market in the transportation and logistics industry to grow by USD 888.97 million at almost 49.93% during 2021-2025. The report highlights an exhaustive analysis of dominant, strong, and industry-focused market participants. Some prominent blockchain technology market players in the transportation and logistics industry include Accenture Plc (Ireland), Capgemini SE (France), Infosys Ltd. (India), International Business Machines Corp. (US), Microsoft Corp. (US), Oracle Corp. (US), SAP SE (Germany), Tata Consultancy Services Ltd. (India), Tencent Holdings Ltd.(China), and Wipro Ltd. (India).
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The report on the blockchain technology market in the transportation and logistics industry provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The market is driven by the growing use of blockchain technology for trucking, the booming e-commerce industry, and increasing cross-border trade. In addition, the advent of blockchain-as-a-service (BaaS), surging growth of quantum computing, growing demand for green logistics, and rising strategic alliances are some of the prominent trends anticipated to drive the market’s growth in the next few years. However, high cost for implementing and maintaining blockchain technology may impede the market growth.
The blockchain technology market in the transportation and logistics industry covers the following areas:
Blockchain Technology Market In Transportation And Logistics Industry Sizing
Blockchain Technology Market In Transportation And Logistics Industry Forecast
Blockchain Technology Market In Transportation And Logistics Industry Analysis
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Technavio analyzes the market by mode (sea, land, and others) and geography (North America, Europe, APAC, South America, and MEA). Sea was the largest mode segment of the market in 2020 and will continue to be the largest segment of the market in 2025, growing faster than the overall market. 55% of the growth will be contributed from North America during the forecast period
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Key Topics Covered:
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
2.1.1 Parent market
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis for data processing and outsourced services
2.2.1 Input
2.2.2 Operations
2.2.2.1 Data sourcing and collection
2.2.2.2 Data quality and cleaning
2.2.2.3 Data enrichment
2.2.2.4 Data management
2.2.2.5 Data delivery and decision making
2.2.3 Marketing and sales
2.2.4 Support activities
2.2.5 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 – 2025
Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
3.5 Impact of COVID-19 on Blockchain Technology
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition – Five forces 2020
5. Market Segmentation by Mode
5.1 Market segments
The segments covered in this chapter are:
Sea
Land
Others
Sea was the largest segment of the market in 2020 and will continue to be the largest segment of the market in 2025, growing faster than the overall market
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Exhibit 15: Mode – Market share 2020-2025 (%)
5.2 Comparison by Mode
Exhibit 16: Comparison by Mode
5.3 Sea – Market size and forecast 2020-2025
Exhibit 17: Sea – Market size and forecast 2020-2025 ($ million)
Exhibit 18: Sea – Year-over-year growth 2020-2025 (%)
5.4 Land – Market size and forecast 2020-2025
Exhibit 19: Land – Market size and forecast 2020-2025 ($ million)
Exhibit 20: Land – Year-over-year growth 2020-2025 (%)
5.5 Others – Market size and forecast 2020-2025
Exhibit 21: Others – Market size and forecast 2020-2025 ($ million)
Exhibit 22: Others – Year-over-year growth 2020-2025 (%)
5.6 Market opportunity by Mode
Exhibit 23: Market opportunity by Mode
6. Customer landscape
6.1 Overview
Exhibit 24: Customer landscape
Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
7. Geographic Landscape
7.1 Geographic segmentation
The regions covered in the report are:
North America
Europe
APAC
South America
MEA
North America was the largest region of the market in 2020 and would continue to be the largest segment of the market in 2025
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Exhibit 25: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 26: Geographic comparison
7.3 North America – Market size and forecast 2020-2025
Exhibit 27: North America – Market size and forecast 2020-2025 ($ million)
Exhibit 28: North America – Year-over-year growth 2020-2025 (%)
7.4 Europe – Market size and forecast 2020-2025
Exhibit 29: Europe – Market size and forecast 2020-2025 ($ million)
Exhibit 30: Europe – Year-over-year growth 2020-2025 (%)
7.5 APAC – Market size and forecast 2020-2025
Exhibit 31: APAC – Market size and forecast 2020-2025 ($ million)
Exhibit 32: APAC – Year-over-year growth 2020-2025 (%)
7.6 South America – Market size and forecast 2020-2025
Exhibit 33: South America – Market size and forecast 2020-2025 ($ million)
Exhibit 34: South America – Year-over-year growth 2020-2025 (%)
7.7 MEA – Market size and forecast 2020-2025
Exhibit 35: MEA – Market size and forecast 2020-2025 ($ million)
Exhibit 36: MEA – Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 37: Key leading countries
7.9 Market opportunity by geography
Exhibit 38: Market opportunity by geography ($ million)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Growing use of blockchain technology for trucking
8.1.2 Booming e-commerce industry
8.1.3 Growing number of cargo thefts
8.1.4 Increasing cross-border trade
8.2 Market challenges
8.2.1 High cost for implementing and maintaining blockchain technology
8.2.2 Presence of alternate technologies for tracking and tracing
8.2.3 Lack of awareness about blockchain technology in the transportation and logistics industry
Exhibit 39: Impact of drivers and challenges
8.3 Market trends
8.3.1 Advent of blockchain-as-a-service (BaaS)
8.3.2 Growth of quantum computing
8.3.3 Rise in strategic alliances
8.3.4 Growing demand for green logistics
8.3.5 Provision of end-to-end integrated services
9.Vendor Landscape
9.1 Vendor landscape
Exhibit 40: Vendor landscape
9.2 Landscape disruption
Exhibit 41: Landscape disruption
Exhibit 42: Industry risks
Techanavio’s Analysis on the impact of Disruption Threats by comparing Disruptive sources and Factors driving disruption
10. Vendor Analysis
10.1 Vendors covered
Exhibit 43: Vendors covered
10.2 Market positioning of vendors
Exhibit 44: Market positioning of vendors
10.3 Accenture Plc
Overview
Business Segments
Key Offering
Segment Focus
10.4 Capgemini SE
Overview
Business Segments
Key Offering
Segment Focus
10.5 Infosys Ltd.
Overview
Business Segments
Key Offering
Segment Focus
10.6 International Business Machines Corp.
Overview
Business Segments
Key Offering
Segment Focus
10.7 Microsoft Corp.
Overview
Business Segments
Key Offering
Segment Focus
10.8 Oracle Corp.
Overview
Business Segments
Key Offering
Segment Focus
10.9 SAP SE
Overview
Business Segments
Key Offering
Segment Focus
10.10 Tata Consultancy Services Ltd.
Overview
Business Segments
Key Offering
Segment Focus
10.11 Tencent Holdings Ltd.
Overview
Business Segments
Key Offering
Segment Focus
10.12 Wipro Ltd.
Overview
Business Segments
Key Offering
Segment Focus
11. Appendix
11.1 Scope of the report
11.2 Currency conversion rates for US$
11.3 Research Methodology
Validation techniques employed for market sizing
11.4 List of abbreviations
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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