Rise in Deployment of Blockchain Technology in Retail and E-Commerce Businesses Supports Boosting the Growth of the Decentralized Applications (DAAP) Market Globally

Published: Jan 2022

The global decentralized application market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2021-2027). Currently, the online businesses are growing faster than the offline businesses which eventually increasing the demand for blockchain technology. Blockchain technology has high demand in various application areas, such as banking, cybersecurity, and IoT. However, the several retail and e-commerce organizations are investing heavily in building blockchain system to provide better experience to the customers. For instance, in July 2021, Reflaunt started providing of blockchain to e-commerce solutions for enterprises with an aim to create their online store. Through online stores, the customers will be able to buy products from their online stores. Additionally, blockchain technology is also supporting retailers with smart contracts for settling daily disputes. Smart contracts are digital ledger through which customers can record all their transactions.

Browse the full report description of "Global Decentralized Applications (DAPP) Market Size, Share & Trends Analysis Report by Blockchain (EOS, TRON, Ethereum, IOST, Steem, Neo, and Others), by Application (Game Application, Financial Application, Lottery Application, Social Application, Transaction Application, and Others), and by End User (E-commerce & Logistics, Healthcare & Pharmaceuticals, Automotive, and Others) Forecast Period (2021-2027)" at https://www.omrglobal.com/industry-reports/decentralized-applications-dapp-market

In January 2019 Modultrade started offering the payment solution to businesses on blockchain B2B marketplace on smart contracts. The solution provides online platform so that small and medium businesses can trade globally. Further, Laurent Duboc has also recently launched South Corner e-market, a crossroad where technologies like Blockchain open global markets to small rural producers, by leveraging on ModulTrade’s online shop as a service. Using ModulTrade’s experience for defining his own business operational procedure including invoicing, contracts, and supply chain. The company could focus on onboarding local producers to export its organic traditional food products.

Market Coverage

    • The market number available for – 2020-2027

    • Base year- 2020

    • Forecast period- 2021-2027

    • Segment Covered- 

o By Blockchain

o By Application

o By End-user

    • Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

    • Competitive Landscape- including Blockchain Intelligence Group Inc., ConsenSys, Solulab Inc., And Others.

Key questions addressed by the report

    • What is the market growth rate?

    • Which segment and region dominate the market in the base year?

    • Which segment and region will project the fastest growth in the market?

    • How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

    • Who is the leader in the market?

    • How are players addressing challenges to sustain growth?

    • Where is the investment opportunity?

Global Decentralized Application (DAPP) Market Report Segment

By Blockchain

    • EOS

    • TRON

    • Ethereum

    • IOST

    • Steem

    • Neo

    • Others 

By Application

    • Game application

    • Financial application 

    • Lottery application 

    • Social application 

    • Transaction application 

    • Others

By End-user

    • E-commerce & Logistics

    • Healthcare & Pharmaceuticals

    • Automotive

    • Others 

Global Decentralized Application (DAPP) Market Report Segment by Region

North America

    • United States

    • Canada

Europe

    • UK

    • Germany

    • Italy

    • Spain

    • France

    • Rest of Europe 

Asia-Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of Asia-Pacific 

Rest of the World

    • Latin America 

    • Middle East & Africa

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/decentralized-applications-dapp-market