Blockchain Supply Chain Market Size 2023-2028: Industry Analysis, Trends, Growth And Report By 2028

IMARC Group, a leading market research company, has recently releases report titled “Blockchain Supply Chain Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global blockchain supply Chain market report, growth, share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Blockchain Supply Chain Market

Blockchain supply chain refers to the application of blockchain technology in the management and optimization of supply chain processes. It requires establishing a network of participants who collectively validate and maintain the blockchain. It provides a decentralized platform where stakeholders can securely share information, such as orders, invoices, and certifications. It allows for easy auditing and verification of data, which makes it easier to demonstrate compliance with regulations related to quality control, product origin, sustainability, and more.

How Big Is the Blockchain Supply Chain Market?

The global blockchain supply Chain market size reached US$ 560.9 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 6,288 Million on by 2028, exhibiting a growth rate (CAGR) of 46.4% during 2023-2028.

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Global Industry Trends and Drivers:

The increasing use of blockchain supply chains in the pharmaceutical industry to prevent the infiltration of counterfeit drugs by verifying the authenticity of the drugs at every stage represents one of the primary factors propelling the market growth around the world. Moreover, the rising adoption of blockchain in the supply chain of the transportation and logistics industries to streamline the transportation of goods by providing shared and immutable data of all transactions is favoring the growth of the market. Besides this, blockchain is employed in the supply chain of the automotive industry to provide a reliable record of vehicle history, including parts replacements, repairs, and accidents, which can increase transparency for buyers and sellers in the used vehicle market. Along with this, the growing demand for refurbished vehicles is influencing the market positively.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Component:

  • Platform
  • Services

Breakup by Application:

  • Smart Contracts
  • Payment and Settlement
  • Product Traceability
  • Inventory Monitoring
  • Compliance Management
  • Others

Breakup by Industry Vertical:

  • Retail
  • Manufacturing
  • Food and Beverages
  • Healthcare
  • Oil and Gas
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

The Major Players in the market are Accenture plc, Amazon Web Services Inc. (Amazon.com Inc.), Auxesis Group, Guardtime, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, OpenXcell, Oracle Corporation, PixelPlex, SAP SE and TIBCO Software Inc.

Residential Washing Machine Market Report 2023: Growth Analysis, Size, Share And Forecast Report By 2028

Industry Overview of Residential Washing Machine Market

A residential washing machine is a consumer electronic device used for cleaning clothes and household linen. It comprises a tub, tub guards, balance rings, and pumps, made of steel and plastic and coated with zinc or porcelain that helps increase corrosion resistance properties and extend their operational life. It relies on the principle of centrifugal force and uses high-speed spinning to remove dirt and dust from fabrics. As it is easy to install and operate, helps save time, removes unpleasant odors, and dries clothes quickly, the demand for the residential washing machine is rising across the globe.

How Big Is the Residential Washing Machine Market?

The global residential washing machine market size reached US$ 41.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 54.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.32% during 2023-2028.

Global Industry Trends and Drivers:

At present, rapid urbanization and inflating income levels of individuals are catalyzing the demand for residential washing machines worldwide. In addition, various initiatives taken by the governing agencies of several countries to support rural electrification are creating a positive market outlook. Besides this, the growing need for automation in household chores on account of the increasing working population with hectic schedules is positively influencing the market. Moreover, the rising focus of key players on introducing product variants that are highly efficient in saving water and electricity is supporting the growth of the market. Besides this, the wide availability of residential washing machines through online distribution channels is strengthening the market growth.

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Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Product:

  • Fully Automatic
  • Semiautomatic
  • Dryer

Breakup by Technology:

  • Top Load
  • Front Load

Breakup by Machine Capacity:

  • Below 6 Kg
  • 6 to 8 Kg
  • 8 Kg and Above

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Department Stores
  • E-Commerce
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

The Major Players in the market are Amara Raja Batteries Limited, Delta Electronics Inc., Eaton Corporation plc, Energizer Holdings Inc., FIMER S.p.A., LG Energy Solution Ltd., Luminous Power Technologies Pvt. Ltd. (Schneider Electric SE), Panasonic Corporation, Samsung SDI Co. Ltd., SMA Solar Technology AG and Tesla Inc.

Smart Meters Market 2023 key developmental strategies implemented by the key players

IMARC Group, a leading market research company, has recently releases report titled “Smart Meters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global smart meters market, analysis, trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Smart Meters Market

Smart meters are advanced energy meters that digitally track and record electricity, gas, or water consumption in real-time. Unlike traditional meters, smart meters provide two-way communication capabilities, allowing utility companies to remotely monitor and manage energy usage without the need for manual meter reading. These devices offer numerous benefits, including accurate and detailed consumption data, improved billing accuracy, and the ability to identify and address energy inefficiencies. Smart meters enable consumers to monitor their energy usage more effectively, encouraging energy conservation and cost savings. They also facilitate the integration of renewable energy sources and support the development of smart grids by enabling real-time monitoring and load management. Overall, smart meters play a crucial role in modernizing the utility industry and promoting energy efficiency.

How Big Is the Smart Meters Market?

The global smart meters market size reached US$ 22.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.5% during 2023-2028.

Global Industry Trends and Drivers:

The smart meters market is driven by several industry trends and drivers that shape its growth and development. One significant trend is the increasing focus on energy conservation and sustainability. Governments and regulatory bodies are implementing policies and initiatives to promote smart grid infrastructure and the adoption of smart meters. Smart meters enable consumers to monitor their energy usage in real-time, encouraging efficient energy consumption and reducing carbon footprints. Another driver is the need for accurate and reliable metering and billing systems. Smart meters provide more precise data on energy consumption, eliminating estimation errors and improving billing accuracy. This enhances customer satisfaction and reduces disputes between utility companies and consumers. Additionally, smart meters enable flexible pricing options, such as time-of-use tariffs, which incentivize consumers to shift their energy usage to off-peak hours, balancing the load on the grid and reducing strain during peak demand periods.

Technological advancements and digital transformation are also driving the smart meters market. The integration of advanced communication technologies, such as wireless connectivity and internet of things (IoT) capabilities, enables seamless data collection, remote monitoring, and real-time analytics. This enables utilities to optimize their operations, detect faults or leakages, and efficiently manage energy distribution. The increasing deployment of renewable energy sources, such as solar and wind power, is another driver for smart meters. Smart meters facilitate the integration of renewable energy into the grid by providing real-time data on energy generation and consumption. This enables utilities to balance supply and demand, manage grid stability, and support the transition to a more sustainable energy mix.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Product:

  • Smart Electricity Meter
  • Smart Water Meter
  • Smart Gas Meter

Breakup by Technology:

  • AMI (Advanced Metering Infrastructure)
  • AMR (Automatic Meter Reading)

Breakup by End Use:

  • Residential
  • Commercial
  • Industrial

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

Aichi Tokei Denki Co. Ltd., Apator SA, Arad Group, Badger Meter Inc., Diehl Stiftung & Co. KG, Holley Technology Ltd., Itron Inc., Landis+Gyr, Neptune Technology Group Inc. (Roper Technologies Inc.), Schneider Electric SE, Sensus USA Inc. (Xylem Inc.), Shenzhen Kaifa Technology Co. Ltd. and Zenner International GmbH & Co. KG.

It Outsourcing Market Size, Growth and Industry Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “IT Outsourcing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global IT outsourcing market, analysis, trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of IT Outsourcing Market

Information technology (IT) outsourcing refers to the practice of hiring external service providers and vendors to manage and deliver IT-related tasks, functions, and services. It enables businesses to leverage the expertise, resources, and specialized skills of external IT professionals. It encompasses a wide range of services, including software development, application maintenance, infrastructure management, help desk support, cybersecurity, and cloud computing. It assists organizations in focusing on core competencies, streamlining operations, reducing costs, and accessing cutting-edge technologies. Besides this, as it aids in supporting uninterrupted workflow and enhancing operational efficiency, the demand for IT outsourcing is increasing globally.

How Big Is the IT Outsourcing Market?

The global IT outsourcing market size reached US$ 550.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 720.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.48% during 2023-2028.

Global Industry Trends and Drivers:

The increasing globalization of businesses and the ongoing trend of remote work represent one of the key factors driving the market. Companies can collaborate with outsourcing providers located in different regions, accessing talent from around the world and benefiting from round-the-clock support and service delivery. Additionally, outsourcing offers cost savings by eliminating the need for internal investments in IT infrastructure, software, and talent acquisition. Apart from this, there is a rise in digital transformation initiatives, cloud computing adoption, and the need for cybersecurity solutions, which are contributing to market growth. Moreover, the shift towards agile software development methodologies and the adoption of DevOps practices are positively influencing the IT outsourcing market.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Service Model:

  • Software as a Service (SaaS)
  • Platform as a Service (PaaS)
  • Infrastructure as a Service (IaaS)

Breakup by Organization Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises

Breakup by End User:

  • BFSI
  • Healthcare
  • Media and Telecommunications
  • Retail and E-commerce
  • Manufacturing
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

The Major Players in the market are Accenture plc, Capgemini SE, Dell Technologies Inc., DXC Technology Company, Fujitsu Limited, International Business Machines Corporation, Nippon Telegraph and Telephone Corporation, Specialist Computer Centres (SCC) and Wipro Limited.

Outdoor Sports Apparel Market Size, Industry Share and Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Outdoor Sports Apparel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global outdoor apparel market, analysis, trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Outdoor Sports Apparel Market

Outdoor sports apparel refers to specialized clothing, footwear, and accessories designed and manufactured for outdoor sports and recreational activities. It includes jackets, pants, footwear, hats, and gloves for hiking, climbing, fishing, cycling, and snow sports. It is crafted using advanced materials and technology to provide improved comfort and protection from rain, wind, and extreme temperatures. It facilitates adequate blood flow, keeps muscles oxygenated, and prevents sunburn and rashes. Besides this, as it aids in avoiding muscle sprains and ligament-related injuries, the demand for outdoor sports apparel is rising across the globe.

How big is the Outdoor Sports Apparel Market?

The global outdoor sports apparel market size reached US$ 13.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.30% during 2023-2028.

Outdoor Sports Apparel Market Trends and Drivers:

The rising interest of individuals in outdoor recreational activities, such as hiking, mountaineering, rock climbing, and trekking, and their increasing awareness about fitness and health represent one of the key factors catalyzing the demand for outdoor sports apparel. Additionally, the adoption of advanced technologies in the production of outdoor sports apparel to develop products with innovative features, such as weather resistance, durability, and improved comfort, is offering a favorable market outlook. There is a rise in the development of sports apparel with added safety features, such as reflective elements for visibility, padding for impact protection, and ultraviolet (UV) protection from harmful sun rays. Furthermore, the rising trend of ‘athleisure’ is broadening the consumer base beyond traditional athletes and outdoor enthusiasts. Outdoor sports apparel also caters to style-conscious consumers with fashionable designs and a wide range of colors, enabling them to express their personal style while engaging in outdoor activities. Moreover, the proliferation of the e-commerce industry is allowing manufacturers to reach a wider consumer base and increase overall profitability.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Product Type:

  • Top Wear
  • Bottom Wear
  • Others

Breakup by Mode of Sale:

  • Retail Stores
  • Supermarkets
  • Brand Outlets
  • Discount Stores
  • Online Stores

Breakup by End User:

  • Men
  • Women
  • Kids

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Who Are The Key Players/Companies In Home Medical Equipment Market?

Adidas AG, Columbia Sportswear Company, Cotswold Outdoor (Outdoor and Cycle Concepts Limited), L. L. Bean Inc., lululemon athletica inc., Mizuno Corporation, Mountain Warehouse Ltd., Nike Inc., Patagonia Inc., Puma SE, Under Armour Inc. and VF Corporation.

Packaged Food Market Size, Share, Analysis and Growth Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Packaged Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global packaged food market analysis, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Packaged Food Market

Packaged food refers to food products meticulously designed for convenience and distribution, tailored for easy consumption. These products come in a diverse array of forms, encompassing boxes, plastic containers, tin cans, and more, adapting to their distinct attributes and consistencies. Packaged food boasts a multitude of benefits, ranging from safeguarding against barriers and contamination to facilitating portion control, preserving shape and quality, and deterring spillage and tampering. Vital information, such as expiration dates, nutritional details, pricing, and product origin, is conveyed through packaging, aiding consumers in informed choices. Widely accessible, packaged food is found in various retail outlets like supermarkets, hypermarkets, online platforms, and local stores, driving significant demand across the global market.

How Big Is the Packaged Food Market?

The global packaged food market size reached US$ 2,259 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,696 Billion by 2028, exhibiting a growth rate (CAGR) of 8.05% during 2023-2028.

Global Industry Trends and Drivers:

The growth of the packaged food market is primarily propelled by the expanding food retail sector and the increasing consumption of convenient ready-to-eat food products worldwide. Additionally, factors such as urbanization, evolving consumer dietary preferences, and a growing population of working women are contributing positively to the global market’s momentum. Furthermore, regulatory initiatives, exemplified by bodies like the U.S. Food and Drug Administration (FDA), advocating for clean-label packaged food products free from harmful chemical additives, are further encouraging market growth. The surging popularity of health-conscious on-the-go snacks, encompassing items like meat snacks, cereals, and granola bars, is another significant driving force. Moreover, key players’ augmented investments in research and development activities aimed at extending product shelf-life and introducing antimicrobial packaging materials, coupled with the emphasis on developing lightweight packaging solutions to reduce transportation costs and carbon emissions, are noticeable trends. Additionally, the introduction of environmentally friendly packaging options like biodegradable materials, nanofabrication, and flexible packaging is anticipated to invigorate the packaged food market in the forthcoming years.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Product Type:

  • Bakery Products
  • Dairy Products
  • Beverages
  • Breakfast Products
  • Meals
  • Others

Breakup by Distribution Channel:

  • Supermarket/Hypermarket
  • Specialty Stores
  • Convenience Stores
  • Online Retail Stores
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

Conagra Brands Inc., Danone S.A., General Mills Inc., Hormel Foods Corporation, JBS S.A., Kellogg Company, Maple Leaf Foods Inc, Nestle S.A, PepsiCo Inc., The Coca-Cola Company, The Kraft Heinz Company, Tyson Foods Inc. and WH Group Limited.