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The global blockchain in logistics market size was valued at USD 7.91 billion in 2025. The market is projected to grow from USD 15.14 billion in 2026 to USD 2730.54 billion by 2034, exhibiting a CAGR of 91.44% during the forecast period.
Blockchain, a distributed ledger technology, securely records transactions between parties without intermediaries. By sharing databases among multiple parties, it eliminates the need for intermediaries and unlocks data previously stored in silos. For centuries, businesses and entire industries have been built on the fundamental principle of trust between multiple parties. However, this foundation is set to be disrupted and transformed with the advent of blockchain technology.
The trend is the integration of blockchain with added cutting-edge technologies such as the Internet of Things (IoT) and artificial intelligence (AI), which boosts market demand over the forecasted period. However, the security vulnerability of blockchain technology challenges market adoption. The increased adoption of blockchain technology to enhance visibility, security, and traceability within supply chains drives market growth.
The COVID-19 pandemic significantly impacted the blockchain in the logistics market by accelerating the demand for transparency and traceability in supply chains. Disruptions caused by the pandemic highlighted the need for real-time visibility, which blockchain technology provides through its secure and immutable ledger system.
The crisis also hastened digital transformation efforts across the logistics sector, pushing companies to adopt blockchain solutions to enhance resilience and efficiency. However, challenges, such as high implementation costs and technical complexities, remained barriers, even as the pandemic drove increased collaboration and innovation among industry stakeholders.
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The report covers the following key insights:
By technology, the market is categorized into public blockchain, private blockchain, and others. Transparency, decentralization, and interoperability are key drivers of the public blockchain segment in the market. These features foster trust, enhance data security, and enable seamless collaboration among supply chain participants. Additionally, smart contracts and tokenization streamline logistics processes, while regulatory compliance efforts further emphasize the need for transparent and auditable solutions, spurring adoption in this segment.
The private blockchain segment in the blockchain in logistics market is driven by the need for enhanced privacy, control, and scalability. Private blockchains offer restricted access to participants, ensuring the confidentiality of sensitive data. They enable organizations to maintain control over their networks and customize solutions to specific business requirements. Additionally, private blockchains provide scalability and performance enhancements tailored to the demands of logistics operations.
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The global market is geographically segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America leads the global blockchain in the logistics market due to significant investment in technology, the strong presence of key industry players, and supportive regulatory frameworks. The region's focus on enhancing supply chain transparency and security drives the adoption of blockchain solutions. Additionally, major logistics and retail companies are increasingly integrating blockchain to streamline operations and reduce fraud. North America is the dominant region due to its advanced technological landscape, substantial investments, and proactive approach to adopting innovative solutions.
Europe is a significant player in the blockchain logistics market, driven by stringent regulatory standards and a strong emphasis on supply chain integrity and sustainability. The region benefits from various government initiatives and public-private partnerships to foster blockchain adoption in logistics. Countries, such as Germany and the U.K. are at the forefront of implementing blockchain solutions to enhance efficiency and traceability. Asia Pacific region is witnessing rapid growth in blockchain adoption within the logistics sector due to the expanding e-commerce industry, increasing cross-border trade, and technological advancements. Countries such as China, Japan, and South Korea are investing heavily in blockchain technology to improve supply chain efficiency, reduce costs, and enhance transparency. The region's large manufacturing base and logistics infrastructure further boost market growth.
The key players in the market include IBM Blockchain (U.S.), Microsoft Azure Blockchain (U.S.), SAP Blockchain (Germany), Oracle Blockchain (U.S.), Accenture (Ireland), VeChain (China), ShipChain (U.S.), Blockshipping (Denmark), Ambrosus (Switzerland), Maersk (Denmark), Walmart (U.S.), and Amazon Web Services (U.S.).
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