Blockchain Technology in Transportation and Logistics Market Next Big Thing : Major Giants Accenture, Capgemini, Infosys

Edison, NJ -- (SBWIRE) -- 10/29/2020 -- The Latest Released Global Blockchain Technology in Transportation and Logistics market study offers a critical assessment of key growth dynamics, emerging avenues, investment trends in key regional markets, and the competitive landscape in various regions, and strategies of top players. The assessments also offer insight into the share and size of various segments in the Global Blockchain Technology in Transportation and Logistics market. According to AMA, the Global Blockchain Technology in Transportation and Logistics market is expected to see growth rate of 55.02% Major Players in Global Blockchain Technology in Transportation and Logistics are: Accenture Plc (Ireland), Capgemini (France), Infosys Ltd. (India), IBM Corporation (United States), Microsoft Corporation (United States), Oracle Corporation (United States), SAP SE (Germany), Tata Consultancy Services Ltd. (India), Tencent Holdings Ltd. (China) and Wipro Ltd. (India) Our Free Complimentary Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology. Free Sample Report + All Related Graphs & Charts @ : https://www.advancemarketanalytics.com/sample-report/155311-global-blockchain-technology-in-transportation-and-logistics-market Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Global Blockchain Technology in Transportation and Logistics Market various segments and emerging territory. Brief Overview on Global Blockchain Technology in Transportation and Logistics Blockchain Technology with help of the Internet of Things (IoT) is being used for capacity monitoring in transportation and logistics. By using IoT sensors in trucks and other shipping vehicles, shippers and transportation companies can detect the amount of space taken and determine price accordingly. The blockchain enables to block theft, ransomware, corruption, premium fees, and problems with the tracking. As per a secondary source, the implementation of the blockchain technology allows companies to save USD 50 billion a year at first, and over USD 500 billion a year after blockchain networks reach the mass market. Blockchain ensures trustworthy data across the transportation and logistics ecosystem. The increasing number of cargo thefts has driven the market demand. Market Drivers - Growing Number Of Cargo Thefts - Faster and Leaner Logistics in Global Trade Market Trend - Combining Blockchain and IoT Restraints - High Cost of Implementation - Uncertain Regulatory And Compliance Environment Opportunities - Need For Improving Transparency And Traceability In Supply Chains The Global Blockchain Technology in Transportation and Logistics Market segments and Market Data Break Down are illuminated below: Type (Software, Service), Organization Size (Small & Medium-Sized Enterprises, Large Enterprises), Blockchain Type (Public, Private, Hybrid), Transportation Mode (Sea, Land, Air)