Product ID: SQSG45D2027
Report ID:
SQSG45D2027 |
Region:
Global |
Published Date: February, 2024
Pages:
245
|
Tables:
94 |
Figures:
76
North America dominated the global market and held largest market share. Implementation of blockchain technology in the manufacturing sector in the region is boosting the revenue share. The North American region has a strong and stable economy, which enables it to make significant investments in the creation of cutting-edge manufacturing technologies, which will fuel the region's growth in the coming years.
Asia Pacific was the fastest growing region in 2021, as one of the economic pillars of the Asia-Pacific region is manufacturing, which is changing quickly. According to reports, low-end manufacturers, including those in the automotive and electronics industries, are relocating to Southeast Asia in order to reduce prices. According to estimates, the automobile sector could have yearly growth of 6-8% during the anticipated period. China manufacturing industry, which is one of the largest in the world in terms of output, is changing quickly. This extensive transition has helped the nation maintain its position in the global manufacturing market.
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REQUEST FREE CUSTOMIZATIONBlockchain In Manufacturing Market size was valued at USD 542.56 million in 2019 and is poised to grow from USD 931.79 million in 2023 to USD 70058.5 million by 2031, growing at a CAGR of 71.6% in the forecast period (2024-2031).
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Product ID: SQSG45D2027