{"product_id":"blockchain-in-manufacturing-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Blockchain in Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eBlockchain in Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nThe global blockchain in manufacturing market size reached US$ 1,245 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 26,717 Million by 2028, exhibiting a growth rate (CAGR) of 63.6% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003eBlockchain is a decentralized, unchangeable ledger used to record transactions, track assets, and establish trust between two or more business entities. It provides immediate, shared, and transparent information that can be accessed by permissioned network members. It generates an unchangeable record of transactions with end-to-end encryption that prevents fraud and unauthorized activity. It can address privacy concerns efficiently as compared to traditional computer systems by anonymizing data. Presently, there is a rise in the demand for blockchain solutions in the manufacturing sector to streamline operations, gain greater visibility into the supply chain, and track assets with unprecedented precision.\u003c\/p\u003e\n\n\u003cp\u003eBlockchain in Manufacturing Market Trends:\u003cbr\u003e\nThe advent of industry 4.0, along with rapid technological advancements in the manufacturing industry, represents one of the key factors driving the market. Moreover, key market players are extensively investing in blockchain technology to produce smart home solutions, such as smart meters. This, along with the rising employment of blockchain solutions in manufacturing processes to reduce the lead time and lower production costs, is propelling the growth of the market. In addition, suppliers are integrating internet of things (IoT) sensors with blockchain to create a tamper-proof record of shipping conditions on cargo containers. This, coupled with the increasing application of blockchain technology to store and analyze data of manufacturing equipment and products, is positively influencing the market. Besides this, blockchain technology in the manufacturing sector helps trading partners make processes more transparent with the implementation of smart contracts. Additionally, the rising utilization of blockchain technology for payments and digital identities of individuals in the manufacturing sector is projected to strengthen the growth of the market in the coming years.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003cbr\u003e\nIMARC Group provides an analysis of the key trends in each sub-segment of the global blockchain in manufacturing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on provider, application and end user.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Provider:\u003c\/p\u003e\n\n\u003cp\u003eMiddleware Providers\u003cbr\u003e\nInfrastructure and Protocols Providers\u003cbr\u003e\nApplications and Solution Providers\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Application:\u003c\/p\u003e\n\n\u003cp\u003eLogistics and Supply Chain Management\u003cbr\u003e\nCounterfeit Management\u003cbr\u003e\nQuality Control and Compliance\u003cbr\u003e\nOthers\u003cbr\u003e\n \u003cbr\u003e\nBreakup by End User:\u003c\/p\u003e\n\n\u003cp\u003eAutomotive\u003cbr\u003e\nAerospace and Defense\u003cbr\u003e\nPharmaceutical\u003cbr\u003e\nElectronics and Semiconductor\u003cbr\u003e\nOthers\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003cbr\u003e\nUnited States\u003cbr\u003e\nCanada\u003cbr\u003e\nAsia-Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nJapan\u003cbr\u003e\nIndia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nAustralia\u003cbr\u003e\nIndonesia\u003cbr\u003e\nOthers\u003cbr\u003e\nEurope\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nUnited Kingdom\u003cbr\u003e\nItaly\u003cbr\u003e\nSpain\u003cbr\u003e\nRussia\u003cbr\u003e\nOthers\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nOthers\u003cbr\u003e\nMiddle East and Africa\u003cbr\u003e\n \u003cbr\u003e\nCompetitive Landscape:\u003cbr\u003e\nThe competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, Advanced Micro Devices Inc., Amazon Web Services Inc. (Amazon.com Inc.), Infosys Limited, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP SE and Wipro Limited.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report\u003c\/p\u003e\n\n\u003cp\u003e1. What was the size of the global blockchain in manufacturing market in 2022?\u003cbr\u003e\n2. What is the expected growth rate of the global blockchain in manufacturing market during 2023-2028?\u003cbr\u003e\n3. What are the key factors driving the global blockchain in manufacturing market?\u003cbr\u003e\n4. What has been the impact of COVID-19 on the global blockchain in manufacturing market?\u003cbr\u003e\n5. What is the breakup of the global blockchain in manufacturing market based on the provider?\u003cbr\u003e\n6. What is the breakup of the global blockchain in manufacturing market based on the application?\u003cbr\u003e\n7. What is the breakup of the global blockchain in manufacturing market based on end user?\u003cbr\u003e\n8. What are the key regions in the global blockchain in manufacturing market?\u003cbr\u003e\n9. Who are the key players\/companies in the global blockchain in manufacturing market?\u003c\/p\u003e","brand":"Service Industries","offers":[{"title":"June, 2023 \/ 141 Pages \/ MCW16276240","offer_id":47709863772466,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/blockchain-in-manufacturing-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}