BaaS is a service in which vendors set up the blockchain connected nodes on the enterprise’s behalf and manage the back-end. The growing demand for BaaS is encouraging vendors such as IBM, Oracle, Microsoft, and Amazon to invest in this technology by launching new products. Moreover, enterprises are experiencing the growing need to adopt BaaS, as it helps them in reducing fraud, increasing transparency, and providing secure record keeping. BaaS is slowly gaining ground in diverse fields such as insurance, cybercity, and supply chain management. This will lead to an increase in the adoption of BaaS in the transportation and logistics industry, thereby helping the market to grow during the forecast period.
The global blockchain technology in transportation and logistics market which projected a CAGR of approximately +81% in the midst of the estimate time span of 2019-2025.
The Blockchain Technology in Transportation and Logistics market is driven by the factors like; rising application of these systems in different verticals, rising demand for efficient management of data due to the fact of threats, rise in the technology of cloud which is turning the solutions to be more economical and few other factors. The factors restraining the market can be less utilization in underdeveloped countries & small organization.
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Top Key Vendors:
Atos, IBM Corporation, AlertEnterprise, CA Technologies, Omada, SAP Institute, Inc., Oracle, One Identity, and Core Security Technologies.
This report focuses on the global and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc., major types, major applications from global and major regions such as Europe, North America, China, Japan, Southeast Asia and etc.
The evolution of technology in all the industries including the Blockchain Technology in Transportation and Logistics is pushing the boundaries of digitalization and has changed our day-to-day lives in all aspects.
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This report studies the Blockchain Technology in Transportation and Logistics Market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Blockchain Technology in Transportation and Logistics market by product type and applications/end industries.
Besides this, profiles of some of the leading players operating and encouraging in the growth of the global market are included in the study. Additionally, using SWOT analysis, markets weaknesses and strengths are analyzed. It also helps the report provide insights into the opportunities and threats that these companies may face during the forecast period.
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