Market Overview:
The global blockchain in supply chain finance market is expected to grow at a CAGR of over 28% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into IT solution, FinTech, bank, consulting, exchange and other. The IT solution segment is expected to hold a major share of the global blockchain in supply chain finance market during the forecast period. This can be attributed to increasing demand for innovative technologies across various industries. On the basis of application, cross-border payment held a major share of the global blockchain in supply chain finance market in 2017 and this trend is expected to continue duringthe forecast period.
Product Definition:
A blockchain is a digital ledger of all cryptocurrency transactions. It is constantly growing as "completed" blocks are added to it with a new set of recordings. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Bitcoin nodes use the block chain to differentiate legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.
IT Solution:
Solution is the technology or application used by a company to provide products and services. In case of blockchain in supply chain finance market, solution means using blockchain technology for recording transactions between parties involved in a transaction. The Solution plays an important role as it helps to reduce time & cost associated with processes and also provides transparency across the Supply Chain Network (SCN).
FinTech:
FinTech is a sector that deals with financial technology. It's the application of new and innovative technologies to conventional banking processes and products to provide better, faster, and cheaper services. FinTech companies are using advanced data analytics techniques for improving customer experience as well as increasing efficiency across various business functions.
Application Insights:
The cross-border payment segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing adoption of blockchain technology for international payments. Moreover, companies are focusing on offering seamless experience to their customers by using digital channels and innovative solutions such as mobile applications. This has led to an increase in demand for efficient cross-border payment services offered by banks that use blockchain technology.
The trade finance segment is anticipated to register a significant CAGR over the forecast period owing to growing awareness among businesses regarding reducing costs associated with paper-based processes used in trade financing activities such as letters of credit (LC). Furthermore, there has been a rise in demand for digitization of existing processes within the industry which, in turn, will drive growth further.
Regional Analysis:
The Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in developing countries such as China, India, Singapore, and Australia. Moreover, growing awareness regarding emerging technologies such as IoT and AI is anticipated to drive demand for distributed ledgers in this region.
China has been at the forefront of promoting industrialization across Asia Pacific by way of establishing Special Economic Zones (SEZs). It has also been working on digitizing its currency through a project called “The National Digital Currency†which aims at creating a digital payment system based on blockchain technology by 2020. Japan has also announced plans to develop a prototype using distributed ledger technology with an eye toward potential applications within supply chain finance among other industries.
Growth Factors:
- Increased transparency and immutability of the blockchain technology will help build trust among the participants in the supply chain finance market.
- The decentralized and distributed nature of blockchain technology will help reduce settlement time and processing costs in the supply chain finance market.
- Blockchain-based smart contracts can automate complex financial processes, leading to increased efficiency in the supply chain finance market.
- The use of blockchain technology for tracking goods throughout the supply chain can help reduce counterfeiting and improve product safety in the market.
- Growing demand from small businesses for financing through Supply Chain Finance solutions will drive growth of this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Blockchain in Supply Chain Finance Market Research Report
By Type
IT Solution, FinTech, Bank, Consulting, Exchange and Other
By Application
Cross-border Payment, Trade Finance, Digital Currency, Identity Management, Others
By Companies
IBM, Ripple, Rubix by Deloitte, Accenture, Distributed Ledger Technologies, Oklink, Nasdaq Linq, Oracle, AWS, Citi Bank, ELayaway, HSBC, Ant Financial, JD Financial, Qihoo 360, Tecent, Baidu, Huawei, Bitspark, SAP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Blockchain in Supply Chain Finance Market Report Segments:
The global Blockchain in Supply Chain Finance market is segmented on the basis of:
Types
IT Solution, FinTech, Bank, Consulting, Exchange and Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cross-border Payment, Trade Finance, Digital Currency, Identity Management, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Ripple
- Rubix by Deloitte
- Accenture
- Distributed Ledger Technologies
- Oklink
- Nasdaq Linq
- Oracle
- AWS
- Citi Bank
- ELayaway
- HSBC
- Ant Financial
- JD Financial
- Qihoo 360
- Tecent
- Baidu
- Huawei
- Bitspark
- SAP
Highlights of The Blockchain in Supply Chain Finance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- IT Solution
- FinTech
- Bank
- Consulting
- Exchange and Other
- By Application:
- Cross-border Payment
- Trade Finance
- Digital Currency
- Identity Management
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Blockchain in Supply Chain Finance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Blockchain is a distributed database that allows for secure, transparent and tamper-proof transactions. It can be used to track the movement of goods throughout the supply chain, from manufacturer to retailer. This information can help businesses optimize their operations and reduce costs associated with inventory management and shipping.
Some of the major players in the blockchain in supply chain finance market are IBM, Ripple, Rubix by Deloitte, Accenture, Distributed Ledger Technologies, Oklink, Nasdaq Linq, Oracle, AWS, Citi Bank, ELayaway, HSBC, Ant Financial, JD Financial, Qihoo 360, Tecent, Baidu, Huawei, Bitspark, SAP.
The blockchain in supply chain finance market is expected to register a CAGR of 28%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Blockchain in Supply Chain Finance Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Blockchain in Supply Chain Finance Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Blockchain in Supply Chain Finance Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Blockchain in Supply Chain Finance Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Blockchain in Supply Chain Finance Market Size & Forecast, 2018-2028
4.5.1 Blockchain in Supply Chain Finance Market Size and Y-o-Y Growth
4.5.2 Blockchain in Supply Chain Finance Market Absolute $ Opportunity
Chapter 5 Global Blockchain in Supply Chain Finance Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Blockchain in Supply Chain Finance Market Size Forecast by Type
5.2.1 IT Solution
5.2.2 FinTech
5.2.3 Bank
5.2.4 Consulting
5.2.5 Exchange and Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Blockchain in Supply Chain Finance Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Blockchain in Supply Chain Finance Market Size Forecast by Applications
6.2.1 Cross-border Payment
6.2.2 Trade Finance
6.2.3 Digital Currency
6.2.4 Identity Management
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blockchain in Supply Chain Finance Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Blockchain in Supply Chain Finance Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Blockchain in Supply Chain Finance Analysis and Forecast
9.1 Introduction
9.2 North America Blockchain in Supply Chain Finance Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Blockchain in Supply Chain Finance Market Size Forecast by Type
9.6.1 IT Solution
9.6.2 FinTech
9.6.3 Bank
9.6.4 Consulting
9.6.5 Exchange and Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Blockchain in Supply Chain Finance Market Size Forecast by Applications
9.10.1 Cross-border Payment
9.10.2 Trade Finance
9.10.3 Digital Currency
9.10.4 Identity Management
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Blockchain in Supply Chain Finance Analysis and Forecast
10.1 Introduction
10.2 Europe Blockchain in Supply Chain Finance Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Blockchain in Supply Chain Finance Market Size Forecast by Type
10.6.1 IT Solution
10.6.2 FinTech
10.6.3 Bank
10.6.4 Consulting
10.6.5 Exchange and Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Blockchain in Supply Chain Finance Market Size Forecast by Applications
10.10.1 Cross-border Payment
10.10.2 Trade Finance
10.10.3 Digital Currency
10.10.4 Identity Management
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Blockchain in Supply Chain Finance Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Blockchain in Supply Chain Finance Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Blockchain in Supply Chain Finance Market Size Forecast by Type
11.6.1 IT Solution
11.6.2 FinTech
11.6.3 Bank
11.6.4 Consulting
11.6.5 Exchange and Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Blockchain in Supply Chain Finance Market Size Forecast by Applications
11.10.1 Cross-border Payment
11.10.2 Trade Finance
11.10.3 Digital Currency
11.10.4 Identity Management
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Blockchain in Supply Chain Finance Analysis and Forecast
12.1 Introduction
12.2 Latin America Blockchain in Supply Chain Finance Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Blockchain in Supply Chain Finance Market Size Forecast by Type
12.6.1 IT Solution
12.6.2 FinTech
12.6.3 Bank
12.6.4 Consulting
12.6.5 Exchange and Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Blockchain in Supply Chain Finance Market Size Forecast by Applications
12.10.1 Cross-border Payment
12.10.2 Trade Finance
12.10.3 Digital Currency
12.10.4 Identity Management
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Blockchain in Supply Chain Finance Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Blockchain in Supply Chain Finance Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Blockchain in Supply Chain Finance Market Size Forecast by Type
13.6.1 IT Solution
13.6.2 FinTech
13.6.3 Bank
13.6.4 Consulting
13.6.5 Exchange and Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Blockchain in Supply Chain Finance Market Size Forecast by Applications
13.10.1 Cross-border Payment
13.10.2 Trade Finance
13.10.3 Digital Currency
13.10.4 Identity Management
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Blockchain in Supply Chain Finance Market: Competitive Dashboard
14.2 Global Blockchain in Supply Chain Finance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Ripple
14.3.3 Rubix by Deloitte
14.3.4 Accenture
14.3.5 Distributed Ledger Technologies
14.3.6 Oklink
14.3.7 Nasdaq Linq
14.3.8 Oracle
14.3.9 AWS
14.3.10 Citi Bank
14.3.11 ELayaway
14.3.12 HSBC
14.3.13 Ant Financial
14.3.14 JD Financial
14.3.15 Qihoo 360
14.3.16 Tecent
14.3.17 Baidu
14.3.18 Huawei
14.3.19 Bitspark
14.3.20 SAP
