AP NEWS

Global Blockchain Technology Market in the Agriculture Sector 2018-2022: Market to Grow at a CAGR of 56.4% with AgriLedger, Full Profile, IBM, Microsoft, Ripe Technology & TE-FOOD Dominating - ResearchAndMarkets.com

September 26, 2018

DUBLIN--(BUSINESS WIRE)--Sep 26, 2018--The “Global Blockchain Technology Market in the Agriculture Sector 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The Global Blockchain Technology Market in the Agriculture Sector to grow at a CAGR of 56.4% during the period 2018-2022.

Blockchain technology is a digital and decentralized record keeping system that can handle data and contracts. In the agriculture sector, farmers can use blockchain technology to track the logistics of crops, thereby establishing a direct link with customers.

The report covers the present scenario and the growth prospects of the blockchain technology market in the agricultural sector. To calculate the market size, the report considers the revenue generated from the retail sales of public blockchain technology, private blockchain technology, and consortium blockchain technology across the globe. The report also includes a discussion of the key vendors operating in this market.

One trend affecting this market is the rising adoption of IoT. Some of the key vendors offering blockchain technology are focusing on developing the technology with IoT platforms to ensure added benefits to the end-users.

According to the report, one driver influencing this market are the government initiatives to develop blockchain technologies. Globally, several government agencies are focusing on supporting the implementation of blockchain technologies for the growth of the agriculture sector.

Further, the report states that one challenge affecting this market are the security concerns with blockchain technology in agriculture. Blockchain technologies offer increased control of transactions for farmers and other end-users in the agriculture supply chain. However, rising concerns about security associated with blockchain technologies are expected to affect the potential growth of the market.

Key vendors

AgriLedger Full Profile IBM Microsoft Ripe Technology TE-FOOD International

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 05: MARKET SIZING

Market definition Market sizing 2017 Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition

PART 07: MARKET SEGMENTATION BY PRODUCT

Segmentation by product Comparison by product Public - Market size and forecast 2017-2022 Consortium - Market size and forecast 2017-2022 Private - Market size and forecast 2017-2022 Market opportunity by product

PART 08: SEGMENTATION BY APPLICATION

Segmentation by application

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

Geographical segmentation Regional comparison Key leading countries Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

Market drivers Market challenges

PART 13: MARKET TRENDS

Rising adoption of IoT Rising demand for blockchain-as-a-service in agriculture sector Emergence of ICO in agriculture

PART 14: VENDOR LANDSCAPE

Landscape disruption Competitive scenario

PART 15: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors

For more information about this report visit https://www.researchandmarkets.com/research/87tqgj/global_blockchain?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180926005662/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Agriculture,Bitcoin

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE NATURAL RESOURCES AGRICULTURE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/26/2018 10:45 AM/DISC: 09/26/2018 10:45 AM

http://www.businesswire.com/news/home/20180926005662/en

AP RADIO
Update hourly