Blockchain in Retail Market

Report Title: Global Blockchain in Retail Market By Providers (Application Providers, Middleware Providers, and Infrastructure Providers), By Applications (Supply Chain Tracking, Smart Loyalty Programs, Identity Management, Fraud and Counterfeit, Smart Contracts, Compliance Management, Payments, and Others), By Organization Size (SMEs and Large Enterprises), and By Region (North America, Europe, APAC, and RoW) Forecast up to 2025
This market research report includes a detailed segmentation of the global blockchain in retail market by providers (Application providers, Middleware providers, and Infrastructure providers), by applications (Supply Chain Tracking, Smart Loyalty Programs, Identity Management, Fraud and Counterfeit, Smart Contracts, Compliance Management, Payments, and Others), by organization size (SMEs and Large Enterprises), and by region (North America, Europe, APAC, and RoW). The market research report identifies IBM, Microsoft, SAP, AWS, Oracle, Auxesis Group, Bitfury, Guardtime, CoinBase, and Reply as the major vendors operating in the global blockchain in retail market.
Overview of the Blockchain in Retail Market
Infoholics market research report predicts that the global blockchain in retail market will grow at a CAGR of more than 65% during the forecast period. Blockchain applications for the retailers are made on permissioned ledgers which are controlled by some actors or miners, which enhances security and traceability. The market is expected to grow as several IT players as well as start-ups have initiated the promising pilot projects. For example Nestle, a food retail giant in July 2019 announced that it would pilot the open blockchain technology for tracking its products along the supply chain. Walmart is testing the blockchain application to provide traceability for farm to fork and to improve transparency, efficiency, and food safety.
Retail industry is transforming continuously and is becoming more personalized by offering product recommendations and frictionless customer shopping experience. Customers today demand for more personalized shopping experience and faster transaction times, which is fueling the adoption of advanced technologies in the retail industry. Blockchain technology is supporting retail and e-commerce sector by offering more security, visibility and enhanced supply chain transparency. For enhancing the business models and store fulfillment, many retailers are adopting blockchain technology. Retailers are also taking initiatives to integrate cryptocurrencies into their operations. Rakuten, a Japan-based online retailer accepts bitcoin payments and is planning to introduce Rakuten Coin, a new cryptocurrency that will support the companys loyalty services.
According to the blockchain in retail industry analysis, North America accounted for the largest share of the global blockchain in retail market in 2018. Retailers in North America are leveraging the blockchain technology for optimizing their consumer spending and effectively allocating the inventories. High presence of retailers such as Walmart, Kroger, The Home Depot, Target Corporation, CVS Health, Walgreens Boots Alliance, and Lowes Companies in this region, which are focusing towards adoption of blockchain is one of the major factor leading to the growth of the market in North America. The Asia Pacific region is expected to witness the fastest growth rate due to increased investments in blockchain-based start-ups.
Blockchain in Retail Market Competitive Analysis and Key Vendors
The report covers and analyzes the global blockchain in retail market. Major vendors across different verticals are planning for high investments in this market and as a result, the blockchain in retail market is expected to grow at an impressive rate in the coming years. The key players in this market are adopting various organic as well as inorganic growth strategies such as mergers & acquisitions, collaborations & partnerships, joint ventures, and few other strategies to be in the strong position in the market.
Few of the Key Vendors in the Blockchain in Retail Market:

IBM
Microsoft
SAP
AWS
Oracle
Auxesis Group
Bitfury
Guardtime
CoinBase
Reply

IBM had already identified the potential of blockchain technology in retail and has several projects in development and pilot stages.
There are numerous other vendors that have been studied based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D for analysis of the entire ecosystem.
Blockchain in Retail Market Segmentation By Providers
Application Providers
Middleware Providers
Infrastructure Providers
The application providers segment is estimated to hold the largest market share and is expected to witness significant growth at the highest CAGR as application providers are the entities that are usually specialized in different protocol implementations.
Blockchain in Retail Market Segmentation By Applications
Supply Chain Tracking
Smart Loyalty Programs
Identity Management
Fraud and Counterfeit
Smart Contracts
Compliance Management
Payments
Others
Among these applications, the supply chain tracking is estimated to hold the largest market share in 2019 and the fraud and counterfeit application is anticipated to grow at the highest rate during the forecast period 20192025.
Blockchain in Retail Market Segmentation By Organization Size
SMEs
Large Enterprises
The large enterprises segment is expected to hold the largest market share and the SMEs segment is predicted to grow at the highest CAGR during the forecast period.
Blockchain in Retail Market Research Benefits
The report provides an in-depth analysis of the blockchain in retail market. The blockchain in retail industry offers many advantages including greater scalability, increased innovation, and enhanced transparency & security. Blockchain technology can close the trust gap by establishing enhanced trust between retailers and consumers as well as within entire retail supply chain. Blockchain is also helping retailers in protecting and managing the consumer data. The report discusses the market in terms of providers, applications, verticals, and regions. Further, the report provides details about the major challenges impacting the market growth.
Table of Content

1Executive Summary
1.1Synopsis of Key Findings
2Industry Outlook
2.1Overview
2.2Key Industry Trends
3Market Snapshot
3.1Total Addressable Market
3.2Segment Addressable Market
3.2.1PEST Analysis
3.2.2Porters Five Force Analysis
3.3Related Markets
4Market Characteristics
4.1Market Ecosystem
4.2Market Segmentation
4.3Market Dynamics
4.3.1Market Drivers
4.3.2Market Restraints
4.3.3Market Opportunities
4.3.4DRO Impact Analysis
5Global Blockchain in Retail Market, By Providers
5.1Overview
5.2Application Providers
5.3Middleware Providers
5.4Infrastructure Providers
6Global Blockchain in Retail Market, By Applications
6.1Overview
6.2Supply Chain Tracking
6.3Smart Loyalty Programs
6.4Identity Management
6.5Fraud and Counterfeit
6.6Smart Contracts
6.7Compliance Management
6.8Payments
6.9Others
7Global Blockchain in Retail Market, By Organization Size
7.1Overview
7.2SMEs
7.3Large Enterprises
8Global Blockchain in Retail Market, By Region
8.1Overview
8.2North America
8.2.1US
8.2.2Canada
8.3Europe
8.3.1Germany
8.3.2UK
8.3.3RoE
8.4APAC
8.4.1China
8.4.2India
8.4.3RoAPAC
8.5RoW
9.5.1 MEA
9.5.2 Latin America
9Competitive Landscape
9.1Competitor Analysis
9.2Product/Offerings Portfolio Analysis
9.3Market Developments
9.3.1Mergers & Acquisitions (M&A), Expansions, and Partnerships
9.3.2Business Restructuring
9.3.3Product Launches & Exhibitions
10Vendor Profiles
10.1IBM
10.1.1Analyst Opinion
10.1.2Business Analysis
10.2Microsoft
10.2.1Analyst Opinion
10.2.2Business Analysis
10.3SAP
10.3.1Analyst Opinion
10.3.2Business Analysis
10.4AWS
10.4.1Analyst Opinion
10.4.2Business Analysis
10.5Oracle
10.5.1Analyst Opinion
10.5.2Business Analysis
10.6Auxesis Group
10.6.1Analyst Opinion
10.6.2Business Analysis
10.7Bitfury
10.7.1Analyst Opinion
10.7.2Business Analysis
10.8Guardtime
10.8.1Analyst Opinion
10.8.2Business Analysis
10.9CoinBase
10.9.1Analyst Opinion
10.9.2Business Analysis
10.10 Reply
10.10.1 Analyst Opinion
10.10.2 Business Analysis
10.11 BitPay
10.12 Project Provenance
11Annexure
11.1Report Scope
11.2Market Definition
11.3Research Methodology
11.3.1Data Collation & In-house Estimation
11.3.2Market Triangulation
11.3.3Forecasting
11.4Study Declarations
11.5Report Assumptions
11.6Stakeholders
11.7Abbreviations

List Of Tables



TABLE XGLOBAL BLOCKCHAIN IN RETAIL MARKET, BY PROVIDERS, 20182025 ($MILLION)
TABLE XGLOBAL BLOCKCHAIN IN RETAIL MARKET, BY APPLICATIONS, 20182025 ($MILLION)
TABLE XGLOBAL BLOCKCHAIN IN RETAIL MARKET, BY ORGANIZATION SIZE, 20182025 ($MILLION)
TABLE XGLOBAL BLOCKCHAIN IN RETAIL MARKET, BY REGION, 20182025 ($MILLION)
TABLE XMAJOR COMPANIES AND THEIR OPERATIONS
TABLE 7PRODUCT/OFFERINGS: GLOBAL BLOCKCHAIN IN RETAIL MARKET
TABLE XMERGER & ACQUISITION, 2018 AND 2019
TABLE XEXPANSIONS, 2018 AND 2019
TABLE XBUSINESS RESTRUCTURING, 2018 AND 2019
TABLE XIBM: OVERVIEW
TABLE X IBM: STRATEGIC SNAPSHOT
TABLE XIBM: PRODUCT/SERVICE PORTFOLIO


TABLE XRESEARCH METHODOLOGY OF GLOBAL BLOCKCHAIN IN RETAIL MARKET: DATA COLLATION
TABLE XRESEARCH METHODOLOGY OF GLOBAL BLOCKCHAIN IN RETAIL MARKET: TRIANGULATION
TABLE XRESEARCH METHODOLOGY OF GLOBAL BLOCKCHAIN IN RETAIL MARKET: FORECASTING

List Of Figures

Charts

CHART X GLOBAL BLOCKCHAIN IN RETAIL MARKET REVENUE, 20182025 ($MILLION)
CHART XGLOBAL BLOCKCHAIN IN RETAIL MARKET SEGMENTATION
CHART XPEST ANALYSIS: GLOBAL BLOCKCHAIN IN RETAIL MARKET
CHART XPORTERS 5 FORCE ANALYSIS: GLOBAL BLOCKCHAIN IN RETAIL MARKET
CHART XGLOBAL BLOCKCHAIN IN RETAIL MARKET ECOSYSTEM
CHART XMARKET DYNAMICS DRIVERS, RESTRAINTS & OPPORTUNITIES
CHART XDRO IMPACT ANALYSIS: GLOBAL BLOCKCHAIN IN RETAIL MARKET
CHART X GLOBAL BLOCKCHAIN IN RETAIL MARKET, BY PROVIDERS, 20182025
CHART X GLOBAL BLOCKCHAIN IN RETAIL MARKET, BY APPLICATIONS, 20182025
CHART X GLOBAL BLOCKCHAIN IN RETAIL MARKET, BY ORGANIZATION SIZE, 20182025 ($MILLION)
CHART XGLOBAL BLOCKCHAIN IN RETAIL MARKET, BY REGION, 20182025 ($MILLION)
CHART X BLOCKCHAIN IN RETAIL MARKET IN NORTH AMERICA, MARKET VALUE, 20182025 ($MILLION)
CHART X BLOCKCHAIN IN RETAIL MARKET IN APAC, MARKET VALUE, 20182025 ($MILLION)
CHART XBLOCKCHAIN IN RETAIL MARKET IN EUROPE, MARKET VALUE, 20182025 ($MILLION)
CHART X BLOCKCHAIN IN RETAIL MARKET IN ROW, MARKET VALUE, 20182025 ($MILLION)
CHART X MAJOR STAKEHOLDERS IN THE MARKET

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