The global Blockchain in Manufacturing market research is an intelligence report announced by Absolute Markets Insights. The erudite market study provides insightful data for readers to help them in making informed business decisions. Primary and secondary research methodologies have also been used to discover the correct and applicable data of Blockchain in Manufacturing market. Effective business strategies of key market players and of new startup industries are also studied thoroughly to provide extensive market knowledge. The report makes use of an effective analysis technique such as SWOT and Porter’s five analysis to present its accurate results on the market.

Absolute Markets Insights (AMI) reports a robust forecast for the blockchain in manufacturing market during the 2021-2030 period. In its newly released report, AMI anticipates the market will grow at 65.5% owing to growing focus on cost of production and energy efficiency along with convergence of operational technology (OT) and information technology (IT) around the world. AMI reports that the market stood at a valuation of US$ 375.28 Mn in 2020.

Top Key Players includes: AWS, Baker Tilly US, LLP, Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, Factom, Filament, IBM Corporation, Intel Corporation, KPMG International, LeewayHertz, Oracle Corporation, PwC, Sofocle, SyncFab, and Wipro Limited, amongst other market participants.

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AMI reports that due to increasing government investments in logistics infrastructure production and deployment of warehouse management systems, as well as broadly rising demand and development in cold chain infrastructure, Asia-Pacific is expected to be the fastest-growing region in the global blockchain in manufacturing market. Furthermore, some of the key companies have also contributed to market growth in this region through investment towards development. For Instance, in November 2019, KPMG Huazhen LLP launched KPMG Origins, a blockchain-based "track and trace" platform to help industries like agriculture, resources, manufacturing, and financial services. It enables these trading partners to share unique product information across their supply chains, particularly with end customers, while minimizing operational complexities.

Blockchain identity management delivers real-time information about a specific person or entity, allowing industries to authenticate or prove their identity. Furthermore, several sectors benefit from blockchain technology because of its transparency, security, and other aspects, which add value to their businesses. As a result, it is poised to transform the existing state of identity management in a very secure way. For instance, LeewayHertz offers blockchain Identity management solution, a decentralized and secure solution that puts users back in control.

Blockchain in Manufacturing Market Segmentation:

By Offering

Solutions
Services
Consulting and Advisory
Design and Development
Others
By Application

Logistics & Supply Chain Management
Asset Tracking
Business Process Optimization
Counterfeit Detection
Quality Control & Regulatory Compliance
Identity Management
Others
By Industry

Healthcare & Pharmaceuticals
Aerospace and Defence
Energy and Power
Oil & Gas
Automotive
Food & Beverage
Others
By Region

North America
Europe
Asia Pacific
Middle East and Africa
Latin America
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