How Blockchain in Logistics Market Players have Encountered Temporary Covid-19 Tailwinds; Worth Watching New Growth Cycle

Blockchain in Logistics Market Latest Edition Published with Forecast to 2027


According to the report, Increase in Investment in Research & Development is one of the primary growth factors for the market. Development in the logistics industry, today logistics industry became a multi-trillion US dollar industry and becoming the backbone of every trade around the globe. As the logistics industry is facing many challenges at their different stages in their supply chain. Increasing issues such as multiple geographical locations handling, this drives the advance technology in the logistics industry. is also expected to contribute significantly to the Blockchain in Logistics market. Overall, E-Commerce applications of Blockchain in Logistics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Sales Channels, such as Direct, is boosting the Blockchain in Logistics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Services, such as Inventory Tracking, is boosting the Blockchain in Logistics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Logistic, such as Ship Chain, is boosting the Blockchain in Logistics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Blockchain in Logistics market identified that the demand is rising in many different parts of the world as "Growing Demand for Low-Cost Services in Logistics Industry ". Furthermore, some recent industry insights like "In Mar 2020, Data Gumbo Corporation announced the collaboration, through this initiative the company delivers the best experience of blockchain in the transportation industry. With strategic improvement, the company is aiming to become more competitive in the industry and gain more market share." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Blockchain in Logistics market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Blockchain in Logistics market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Blockchain in Logistics market size is calculated using market estimation process, the Blockchain in Logistics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Blockchain in Logistics market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager