How big is the Blockchain in Retail Market?

The Blockchain in Retail Market size is expected to reach USD 0.47 billion in 2024 and grow at a CAGR of 52.92% to reach USD 4.01 billion by 2029. Read More

What is the current Blockchain in Retail Market size?

In 2024, the Blockchain in Retail Market size is expected to reach USD 0.47 billion. Read More

Who are the key players in Blockchain in Retail Market?

SAP SE, IBM Corporation, Oracle Corporation, Microsoft Corp. and Amazon Web Services, Inc. are the major companies operating in the Blockchain in Retail Market. Read More

Which is the fastest growing region in Blockchain in Retail Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Blockchain in Retail Market?

In 2024, the North America accounts for the largest market share in Blockchain in Retail Market. Read More

What years does this Blockchain in Retail Market cover, and what was the market size in 2023?

In 2023, the Blockchain in Retail Market size was estimated at USD 0.31 billion. The report covers the Blockchain in Retail Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Blockchain in Retail Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Blockchain in Retail Market Share

Statistics for the 2023 & 2024 Blockchain in Retail market share, created by Mordor Intelligence™ Industry Reports. Blockchain in Retail share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Blockchain in Retail Industry

The market is fragmented, with many existing and new vendors developing solutions for small and large online and offline retailers. Moreover, the market players continuously indulge in new and innovative product launches for the retail segment, coupled with partnerships, mergers, and acquisition activities to enhance their market presence and product portfolio. Some key players include Microsoft Corporation, SAP SE, Oracle Corporation, and IBM Corporation.

In June 2023, Supply chain-inclined blockchain platform VeChain is taking its relationship with Walmart. The blockchain platform has expanded its partnership with Walmart China to cover more products and categories to revolutionize supply chain management and build customers’ trust in the blockchain. With the VeChain IoT and blockchain solution, the China arm of Walmart can monitor temperature-controlled products while still in transit. This capability helps to reduce the risk of spoilage and contamination and promotes food safety.