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Blockchain Market in Supply Chain Forecast to Reach $524 Million by 2024


Blockchain Market in Supply Chain Forecast to Reach $524 Million by 2024
Rise of E-Commerce Sector, Digital Contracts, and Payments Driving the Growth of Blockchain Market in Supply Chain.
BriefingWire.com, 12/21/2020 -
The Blockchain Market in Supply Chain is forecast to reach $524m by 2024 and is estimated to grow at a CAGR of 50% during the forecast period 2019-2024. The market growth is fuelled by surging applications of the technology in procurement and sourcing management that improve the efficiency of the supply chain.
Key Takeaways
The Blockchain Market in Supply Chain is moderately consolidated with the top five players accounting for over 40% of the total market in 2018. Major players in the market include IBM Corp., Oracle Corp., T-Mining, DTCO, Deloitte, BTL Group Ltd., Ripple Labs Inc., and others. ....

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