Blockchain for Cold Chain Logistics Market Analysis

  • Report ID: 6627
  • Published Date: Oct 31, 2024
  • Report Format: PDF, PPT

Blockchain for Cold Chain Logistics Market Analysis

Component (Platform, Services)

The platform segment is set to hold over 78% blockchain for cold chain logistics market share by the end of 2037. This is because of the comprehensive security and traceability offered by blockchain platforms, which meet the demands related to complex cold chain logistics management processes. They offer end-to-end visibility and data integrity, which are critical for handling sensitive goods in transit. This trend is well-illustrated by the integration of VeChain with OrionOne in August 2022, where robust blockchain platforms make traceability more seamless and security stronger for temperature-sensitive logistics.

Organization Size (SME, Large Enterprises)

By 2037, Large enterprises segment is anticipated to account for around 65% blockchain for cold chain logistics market share. This is owing to the ability of such organizations to leverage sufficient resources to deploy blockchain solutions on a large scale and subsequently benefit from blockchain in terms of transparency, regulatory compliance, and operational efficiency. Large enterprises, upon the adoption of blockchain technology, achieve better data accuracy, which is vital to meeting the higher standards of sectors like pharmaceuticals and food logistics. This scalability enables large enterprises to reinforce supply chain resiliency and position themselves as key players in the advancement of secure, compliant cold chain logistics.

Our in-depth analysis of the blockchain for cold chain logistics market includes the following segments:

Component

  • Platform
  • Services

Organization Size

  • SME
  • Large Enterprises

Application

  • Smart Contracts
  • Payment and Settlement
  • Product Traceability
  • Inventory Monitoring
  • Compliance Management
  • Others

End use Industry

  • Chemical
  • Food & Beverages
  • Healthcare & Pharmaceuticals
  • Manufacturing
  • Retail
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 6627
  • Published Date: Oct 31, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The blockchain for cold chain logistics market size is USD 479.9 billion in 2024.

The global blockchain for cold chain logistics market size is valued at US 479.9 billion in 2024 and is anticipated to surpass USD 2,952.7 billion by the end of 2037, rising at a CAGR of 15% over the forecast period, i.e., 2025-2037.

Key players in the market include Amazon Web Services, Inc, A.P. Møller - Mærsk A/S, International Business Machines Corporation (IBM), Microsoft Corporation, SAP SE, Oracle Corporation, and modum.io AG among others.

The platform segment is projected to hold a leading share during the forecast period.

North America is anticipated to dominate the industry with a share of 35.0% during the forecast period.
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