Press Release-Blockchain in Manufacturing Market Market to Reach Valuation of 14033.77 USD Million by 2028; Increasing Energy Demand is Driving the Market”
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Blockchain in Manufacturing Market Market to Reach Valuation of 14033.77 USD Million by 2028; Increasing Energy Demand is Driving the Market”
In terms of revenue, the Global Blockchain in Manufacturing Market Market is expected to reach 14033.77 USD Million by 2028, growing at a CAGR of 71.90% from 2022 to 2028. The Blockchain in Manufacturing Market Market is expected to witness swift growth in the forecast period owing to the demand which has been increased from industrial and energy & power sectors. Rising energy demand globally encourages associations that are working in the energy & power sector to approve blockchain solutions that can help them improve productivity with reduced downtime and less maintenance.
Key Findings:
Some of key players in Blockchain in Manufacturing Market Market includes, NVIDIA Corporation (US), XAIN AG (Germany), CargoX (Slovenia), RIDDLE&CODE GMBH (Austria), Chronicled (US), LO3 Energy (US), Electron (UK), Filament (US), Grid Singularity (Germany), Shipchain (US), Microsoft Corporation (US), Advanced Micro Devices, Inc. (US), International Business Machines Corporation (US), Intel Corporation (US), Oracle Corporation (US), Factom (US), BigchainDB GmbH (Germany), Blockchain Foundry Inc. (Canada), Wipro Ltd. (India), Amazon.com, Inc. (US), Syncron International AB (Sweden), Electron (UK), ChromaWay AB (Sweden), Project Provenance Ltd (UK), Everledger Ltd. (UK), Supercomputing Systems AG (Switzerland), Storj Labs Inc. (US), and Cloud Technology Partners, Inc. (US)..
Companies are shifting toward adopting IoT and blockchain as these can enable detect movement of high value equipment, real-time data analyses, monitoring customer purchase behavior, and easy deployment of solutions. Furthermore, real-time tools for analysis helps in aligning to changing requirements in the equipment ecosystem in industries. Moreover, blockchain can back supply chain management by providing users with decent visualization and data management capabilities.
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