LONDON–(BUSINESS WIRE) – The blockchain technology market in the transportation and logistics industry market is expected to show decremental growth of $ 811.51 million between 2020 and 2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market of blockchain technology in the transportation and logistics industry under optimistic, probable and pessimistic forecast scenarios.
Businesses will go through the response, recovery and renewal phases. Download a Free Sample COVID-19 Report
The blockchain technology market in the transportation and logistics industry market will experience a neutral impact during the forecast period due to the widespread growth of the COVID-19 pandemic. According to Technavio’s pandemic-focused market research, the market growth is likely to increase from 2019.
With the continued spread of the novel coronavirus pandemic, organizations around the world are gradually flattening their recession curves by taking advantage of technology. Many companies will go through phases of intervention, recovery and renewal. Building business resilience and fostering agility will help organizations move forward on their journey out of the COVID-19 crisis and into the next normal.
This post-pandemic business planning research will help clients:
- Adjust their strategic planning to move forward once the stability of the business kicks in.
- Build resilience by make efficient resource and investment choices for individual business units, products and service lines.
- Conceptualize scenario-based planning mitigate future crisis situations.
Download the post-pandemic planning structure. Click here
Key Considerations for Market Forecast:
Impact of lockdowns, supply chain disruptions, destruction of demand and changing customer behavior
Optimistic, probable and pessimistic scenarios for all markets as the impact of the pandemic unfolds
Market estimates before and after COVID-19
Quarterly impact analysis and updates on market estimates
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Three major players in the Blockchain technology market in the transportation and logistics industry:
Accenture Plc operates in segments such as financial services, products and others. The company offers blockchain technology solutions for the transportation and logistics industry.
Capgemini Services SAS
Capgemini Services SAS operates through segments such as Strategy and Transformation, Applications and Technology, and Operations and Engineering. The company offers blockchain technology solutions for the transportation and logistics industry.
Infosys Ltd. operates in segments such as energy, utilities, resources and services, manufacturing, high tech, life sciences and all other segments. The company offers blockchain technology solutions for the transportation and logistics industry.
If you purchase an updated report within the next 60 days, we’ll send you the new edition and the data extract for FREE! Get an overview of the report here to get a detailed analysis of the market share of market participants during the COVID-19 lockdown: https://www.technvaio.com/report/blockchain-technology-market-in-transportation-and-logistics-industry-analysis
Blockchain Technology Market in Transportation and Logistics Industry Market 2020-2024: Segmentation
The Blockchain Technology Market in Transportation and Logistics Industry is segmented as follows:
The blockchain technology market in the transportation and logistics industry market is driven by the increasing use of blockchain technology for trucking. In addition, other factors such as the booming e-commerce industry are expected to cause the blockchain technology market in the transportation and logistics industry to reach a CAGR of nearly 54% during the period of forecast.
Get more insight on global trends impacting the future of the blockchain technology market in the transportation and logistics industry, request a free sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44362
Positioning of suppliers on the market
Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library includes more than 17,000 reports and counts, covering 800 technologies, in 50 countries. Their customer base consists of businesses of all sizes, including over 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market knowledge to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.