Block chain in Manufacturing Market Block chain in Manufacturing Market– Registering A CAGR of 80% Block chain in Manufacturing Market is expected to grow from its initial estimated value of USD 9.39 million in 2018 to an estimated value of USD 1035.81 million by 2026, registering a CAGR of 80% in the forecast period of 2019-2026. This significant rising trend can be attributed to the rapid rise of block chains in various industries and advantages it brings with its usage.
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Key Drivers & Restraints • Through Block chain implementation, transparency is achieved and that concludes to a better and simple business processing • Rise in influence of Information Technology (IT) over our everyday lives, use of block chain in manufacturing is expected to rise as it increases the transparency in the manufacturing process and hence, simplifies it • Due to its modern introduction, the regulations for the industry still need to be filtered and these undecided regulations are expected to restrain the market growth • Lack of proper knowledge, and also lack of promotion of block chain among manufacturers is also expected to restrain the market growth Request For Sample Report: https://databridgemarketresearch.com/request-a-sample/? dbmr=global-block-chain-in-manufacturing-market
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Key Players
Few of the major competitors currently working in Block chain in Manufacturing Market are NVIDIA Corporation, XAIN AG, CargoX, RIDDLE&CODE GmbH, Chronicled, LO3 Energy, Electron, Filament, Grid Singularity, GitHub Inc., Microsoft, Advanced Micro Devices Inc, IBM Corporation, Intel Corporation, Oracle, Factom, BigchainDB GmbH, Blockchain Foundry Inc., Wipro Limited, Amazon.com Inc., Syncron International AB, ChromaWay AB, Project Provenance Ltd., Everledger Ltd, Supercomputing Systems AG, and Hewlett Packard Enterprise Development LP.
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Market Segmentation
• By Application : Predictive Maintenance, Asset Tracking and Management, Business Process Optimization, Logistics and Supply Chain Management, Real-Time Workforce Tracking and Management, Quality Control and Compliance, Counterfeit Management • By End-Use : Energy & Power, Industrial, Automotive, Pharmaceuticals, Aerospace, Defense, Food & Beverages, Textile & Clothing, Others • By Geography :North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa
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Key Insights
• Complete and distinct analysis of the market drivers and restraints • Key Market players involved in this industry • Detailed analysis of the Market Segmentation • Competitive analysis of the key players involved
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