Blockchain for Supply Chain Traceability Market - Top Companies and Manufacturers

  • Report ID: 6531
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Companies Dominating the Blockchain for Supply Chain Traceability Landscape

    Companies play a vital role in transforming the landscape of blockchain technologies in the supply chain traceability activity by improving accessibility, efficiency, and reliability. Almost every sector of the economy incorporates such technology to reap the benefits over the competitive edge and create brand loyalty in the blockchain for supply chain traceability market. In May 2020, IBM announced an investment in the blockchain trade finance platform, we.trade, for enhanced collaboration. The major players that support the growth are namely-

    • Walmart
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • IBM Corporation
    • Microsoft Corporation
    • SAP
    • Oracle Corporation
    • Accenture PLC
    • VeChain
    • Amazon Web Services (AWS)
    • Infosys Ltd.


In the News

  • In July 2023, a partnership between Hyundai Motor and Kia introduced a new supplier CO2 emission monitoring system (SCEMS) that integrates blockchain and artificial intelligence (AI) to enable precise emissions forecasting and aids in the establishment of a sustainable supply chain.
  • In March 2022, to improve transparency in Unilever's global palm oil supply chain, SAP and Unilever partnered to pilot GreenToken by SAP. By capturing the distinctive characteristics connected to the oil's origin, this solution enabled Golden Agri-Resources and other suppliers to produce tokens that precisely depict the material flow of palm oil throughout the supply chain.

Author Credits:  Abhishek Verma


  • Report ID: 6531
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the blockchain for supply chain traceability market was over USD 3 billion.

The market size for the blockchain for supply chain traceability market is projected to reach USD 80.7 billion by the end of 2037 expanding at a CAGR of 31.5% during the forecast period i.e., between 2025-2037.

The major players in the market are Infosys Ltd., IBM Corporation, Microsoft Corporation, SAP, Accenture PLC, VeChain, Oracle Corporation, and others.

In terms of the component, the platform segment is anticipated to garner the largest market share of 64.4% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 44.5% by the end of 2037 and provide more business opportunities in the future.
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