About IoT for Blockchain Cold Chain
IoT for Blockchain Cold Chain bring together improvised visibility and insights from the physical world. It improvised the collaboration and trust in business world. The IoT for blockchain Cold Chain provide asset by using IoT and blockchain network. IoT for Cold Chain has sensors and this sensor pre-registered with IoT Platforms. It helps to the shipping container and attached with the package of goods. IoT for Blockchain Cold Chain solutions utilize IoT-enabled sensors to monitor and manage the environment of temperature-sensitive packages to prevent spoilage and waste as they move through the supply chain.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market for IoT for Blockchain Cold Chain is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global IoT for Blockchain Cold Chain market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Huawei Technologies (China), IBM United States), SAP (Germany), Roambee (United States), Emerson (United States), Microsoft (United States), Oracle (United States), Tibco (United States), Modex (Romania) and Zebra Technologies (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Hc Technologies (United States), Aeris (United States), Sensegiz (India), Securekey Technologies (Canada) and Salesforce (United States).
Segmentation Overview
AMA Research has segmented the market of Global IoT for Blockchain Cold Chain market by , Application (Food And Beverage Industry, Pharmaceuticals and Other) and Region.
On the basis of geography, the market of IoT for Blockchain Cold Chain has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Wireless Sensor Networks (WSN) will boost the IoT for Blockchain Cold Chain market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Resolving Cold Storage will boost the IoT for Blockchain Cold Chain market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 14 June 2021, Santa Clara Iot Tracking Company Roambee Has Acquired Switzerland-Based Cold Chain Monitoring Outfit Modum, Which Specialises in The Pharmaceutical Market. Roambee Said the Deal Will Help It To “Dominate the Real-Time Cold Chain Visibility Space”. The Transaction Fee Was Not Disclosed.
On 5 April 2022, Emerson (NYSE: EMR) Announced at Fruit Logistica 2022 The Release of Its Newest Real-Time Trackers, The GO Real-Time 4G/5G Global and Global Plus. These Latest Innovations Also Leverage Cat-M, Low Power Wide Area Network (LPWAN) Technology to Deliver Real-Time Data for Customers Shipping High-Value Products Across the Globe.
Market Drivers
- Consumers Flocking for A Fresh Food Runs IoT for Block Chain Cold Chain Firms
- Remote Tracking Shipment Demand by Consumers
Opportunities
- Innovation Of Fifth Generation Technology System (5G Technology)
- Enterprises Focusing on Customer-Centric Supply Chain
- Firms Focuses on Fuel Cost Savings
- Uses Of AI In Blockchain
Restraints
- Costly And Difficult
- Easily Hackable as A Cyber Attack Becoming a More Common
Challenges
- Difficulty In Maintaining the Specified Range of Temperature Throughout the Supply Chain
- Ensuring Compliance with Temperature Requirements
- Choosing The Right Equipment to Preserve Temperature Sensitive Products
- Lack Of Visibility at The Store Level Creating a Blind Spot for Manufacturers
Key Target Audience
IoT for Blockchain Cold Chain Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.