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
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 vendorsAgriLedger 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 LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 05: MARKET SIZINGMarket definition Market sizing 2017 Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSISBargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 07: MARKET SEGMENTATION BY PRODUCTSegmentation 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 APPLICATIONSegmentation by application
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPEGeographical segmentation Regional comparison Key leading countries Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGESMarket drivers Market challenges
PART 13: MARKET TRENDSRising adoption of IoT Rising demand for blockchain-as-a-service in agriculture sector Emergence of ICO in agriculture
PART 14: VENDOR LANDSCAPELandscape disruption Competitive scenario
PART 15: VENDOR ANALYSISVendors 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/
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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