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:
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Author Credits: Abhishek Verma
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