The latest report published by IMARC Group, titled “Blockchain in Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on blockchain in manufacturing market trends. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global blockchain in manufacturing market reached a value of US$ 717.6 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 17,047.8 Million by 2027, exhibiting a CAGR of 66.40% during 2022-2027.
Blockchain represents a decentralized and unchangeable digital ledger utilized to record transactions, track assets, and establish trust between two or more business entities. It generates a fixed record of transactions with end-to-end encryption that prevents fraud and unauthorized activity. In addition to this, blockchain can address privacy concerns more efficiently when compared to traditional computer systems by anonymizing data. Presently, it finds wide-ranging applications across the manufacturing sector to gain greater visibility into the supply chain, streamline operations, track assets with unprecedented precision, etc.
Get a Free Sample Copy of this Report: https://www.imarcgroup.com/blockchain-in-manufacturing-market/requestsample
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking…
