Blockchain Supply Chain Market to Reach $9 Billion Globally by 2025
Blockchan is growing around the world. According to a study by Allied Market Research. The global blockchain supply chain market was estimated at $93.2 million in 2017 and is expected to hit $9.8 Billion by 2025, growing at a CAGR of 80.2 percent from 2018 to 2025. The report offers a detailed analysis of top investment pockets, top winning strategies, drivers and opportunities, market size and estimations, competitive landscape, and changing market trends.
The rise in need for supply chain transparency and increase in demand for enhanced security of supply chain transactions have fueled the growth of the global blockchain supply chain market. On the other hand, lack of awareness about this technology and scarcity of skilled workforce restrain the growth to some extent. Nevertheless, propagation of the e-commerce industry is expected to create multiple opportunities in the segment, Get the full details about this and other studies at alliedmarketresearch.com,