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LONDON–(BUSINESS WIRE) – The blockchain technology market in the transport and logistics industry market is expected to record a decrease of $ 811.51 million in the period 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the blockchain technology market in the transportation and logistics sector under optimistic, probable and pessimistic forecasting scenarios.
Businesses will go through the response, recovery and renewal phases. Download a free COVID-19 sample report
The blockchain technology market in the transportation and logistics industry market will see 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, market growth is likely to increase compared to 2019.
As the new coronavirus pandemic continues to spread, organizations around the world are gradually flattening their recession curve by leveraging technology. Many companies will go through phases of response, recovery and renewal. Building business resilience and enabling 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 customers:
- Adapt their strategic planning to move forward once business stability is established.
- Build resilience make effective choices in terms of resources and investments for individual business units, products and service lines.
- Conceptualize scenario-based planning mitigate future crisis situations.
Download the Post-Pandemic Business Planning Framework. Click here
Key considerations for market forecasts:
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Impact of blockages, supply chain disruptions, destruction of demand and change in customer behavior
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Optimistic, probable and pessimistic scenarios for all markets as the impact of the pandemic unfolds
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Pre- and post-COVID-19 market estimates
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Quarterly impact analysis and updates on market estimates
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Top three participants in the Blockchain technology market in the transport and logistics sector:
Accenture Plc
Accenture Plc runs its business across segments such as financial services, products, and others. The company offers blockchain technology solutions for the transport and logistics sector.
Capgemini Services SAS
Capgemini Services SAS manages its business across segments such as strategy and transformation, applications and technology, and operations and engineering. The company offers blockchain technology solutions for the transport and logistics sector.
Infosys Ltd.
Infosys Ltd. operates its business through segments such as Energy, Utilities, Resources and Services, Manufacturing, Hi-Tech, Life Sciences and All other segments. The company offers blockchain technology solutions for the transport and logistics sector.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction for FREE! Get the snapshot of the report here to get a detailed analysis of the market share of market participants during the COVID-19 blockade: https://www.technvaio.com/report/blockchain-technology-market-in-transportation-and-logistics-industry-analysis
Blockchain Technology Market in Transport and Logistics Market 2020-2024: segmentation
The blockchain technology market in the transport and logistics sector is segmented as follows:
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Mode
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Geography
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North America
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Europe
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APAC
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South America
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MY
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The blockchain technology market in the transport and logistics industry market is driven by the increasing use of blockchain technology for trucking. Furthermore, other factors such as the boom in the e-commerce sector are expected to trigger the blockchain technology market in the transport and logistics sector towards a CAGR of nearly 54% during the forecast period.
Get more insight into global trends influencing the future of the blockchain technology market in the transportation and logistics sector, request a free sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44362
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Technavio is a world-leading technological consulting and research company. Their research and analysis focuses on emerging market trends and provides useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes more than 17,000 reports and a count, covering 800 technologies, in 50 countries. Their customer base is made up of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base is based on Technavio’s comprehensive coverage, in-depth research and market insights that can be used to identify opportunities in the existing and potential markets and assess their competitive positions within evolving market scenarios.
