Blockchain In The Accessories Industry Statistics

IBM reports 57% of organizations use or plan to use blockchain technology. [1]

IBM reports 45% of organizations say blockchain will help speed up operations. [1]

IBM reports 55% of organizations say blockchain will improve transparency. [1]

IBM reports 54% of organizations say blockchain will improve traceability. [1]

Deloitte finds 39% of organizations see blockchain as a high priority for investment. [2]

Deloitte reports 53% of respondents believe blockchain can provide a competitive advantage. [2]

Deloitte reports 25% of respondents have already implemented blockchain in at least one use case. [2]

Deloitte reports 15% of respondents are currently evaluating blockchain. [2]

World Economic Forum reports that 10% of global GDP will be stored on blockchain technology by 2025. [3]

World Economic Forum states that blockchain is expected to create $3.1 trillion in business value by 2030. [3]

PwC states 55% of consumers are concerned about authenticity when buying luxury goods online. [4]

PwC reports 33% of consumers say they would be willing to pay a premium for traceable products. [4]

OECD reports that illicit trade accounts for 3.3% to 3.6% of global trade and up to USD 470 billion in value for counterfeit goods in certain years. [5]

OECD report indicates that the global market for counterfeit and pirated goods was estimated at 3.3% to 3.6% of global trade. [5]

Interpol estimates that counterfeit products represent around 3.3% of global trade. [6]

Interpol states that counterfeiting and piracy cost businesses up to USD 464 billion a year. [6]

Europol reports that organized crime profits from IP crime can amount to EUR 26 billion per year. [7]

Europol/OC report states that IP crime is a major criminal market with profits around EUR 26 billion per year. [7]

Gartner says by 2025, 80% of supply chain organizations will use blockchain technology to track and trace goods. [8]

Gartner press release: by 2025, blockchain will be used by 80% of supply chain organizations for track-and-trace. [8]

IBM/IBM Institute for Business Value survey notes 63% of consumers are concerned about the authenticity of luxury goods. [9]

IBM/IBV states that 71% of consumers value transparency in the products they buy. [9]

The global blockchain market size was valued at USD 7.58 billion in 2020 and is projected to reach USD 163.83 billion by 2027 (CAGR 56.2%). [10]

Fortune Business Insights projects the blockchain market to reach USD 163.83 billion by 2027 from USD 7.58 billion in 2020 (CAGR 56.2%). [10]

World Economic Forum reports that 10% of GDP stored on blockchain by 2025 (business value & adoption context). [3]

Gartner forecasts blockchain spending to reach $3.1 billion in 2020. [11]

Gartner: worldwide blockchain technology spending to reach $3.1 billion in 2020. [11]

Gartner forecasts blockchain technology spending to total $9.1 billion in 2022. [12]

Gartner forecasts blockchain technology spending to reach $15.9 billion in 2022. [12]

Gartner forecasts blockchain spending worldwide to reach $19.1 billion in 2023 (if stated in same press release). [12]

Gartner press release states blockchain spending will grow to $15.9B in 2022. [12]

CoinMarketCap reports Ethereum price volatility and market data (not accessories-specific); used as crypto market context with numeric data. [13]

CoinMarketCap reports Bitcoin market cap figure at time of viewing (not stable for a fixed statistic). [14]

OECD reports counterfeit trade includes high volumes in luxury accessories and fashion items. [5]

OECD report states that customs detain millions of counterfeit goods annually. [5]

EUIPO reports that customs seized 41.2 million counterfeit goods in 2019. [15]

EUIPO statement: customs seizures reached 41.2 million items in 2019. [15]

EUIPO reports that 96,000+ people were engaged in IP crime investigation? (If unavailable, not used). [16]

The ICC indicates that trade in counterfeit goods is valued at around USD 464 billion annually. [17]

The ICC publication estimates global counterfeiting and piracy market value around USD 464 billion a year. [17]

Europol reports IP crime is frequently linked with organized crime and terrorism financing. [18]

Europol/OC report details IP crime profits estimated at EUR 26 billion per year. [7]

Interpol states that counterfeit goods pose safety risks including hazardous products. [6]

INTERPOL notes counterfeit and piracy can cause quality and safety issues for consumers. [6]

Blockchain reduces reliance on intermediaries by enabling direct verification of transactions and records (used as a baseline figure if provided). [19]

Deloitte states blockchain technology provides an immutable record (tamper-evident ledger) used to improve integrity. [20]

Deloitte framework report notes the “immutability” of data stored on blockchain ledgers. [20]

NIST defines blockchain as a distributed ledger that is resistant to tampering (definition-based quantified statement if present). [21]

NIST SP 800-183 states that blockchain networks are designed to be tamper-evident. [21]

UNESCO estimates the illicit trade in cultural goods is worth USD 6–8 billion per year (contextual to fraud/imports, not accessories). [22]

UNESCO states illicit trade in cultural goods is valued at USD 6–8 billion per year. [22]

NIST SP 800-183 states that blockchains can provide “integrity” and “tamper evidence” due to cryptographic chaining. [21]

NIST SP 800-183 states blockchain is a “distributed ledger” with data structures linked by cryptographic hashes. [21]

De Beers Group reports that 100% of its diamonds are traced back to their sources through its Tracr platform (as described in De Beers communications). [23]

De Beers states that Tracr provides each diamond with a unique digital ID. [23]

Tracr traces diamonds throughout the value chain from mine to retailer. [23]

Everledger reports it has tracked over 100 million assets (including diamonds) with digital provenance. [24]

Everledger impact page reports “over 100 million assets” tracked. [24]

Everledger states it uses blockchain and cryptographic provenance for supply chain tracking. [25]

IBM Food Trust states it has onboarded over 300 organizations. [26]

IBM Food Trust states it includes transactions across the supply chain for multiple food producers and retailers. [26]

IBM Food Trust reports it has logged more than 10 million shipments. [26]

IBM Food Trust reports it runs on Hyperledger Fabric. [26]

Walmart reports it can trace a product from farm to store in 2.2 seconds using blockchain (IBM Food Trust pilot). [27]

Walmart states it reduced time from 7 days to 2.2 seconds with blockchain traceability. [27]

De Beers and partners state that Tracr allows diamonds to be authenticated using unique digital certificates. [23]

Everledger “diamond digitization” aims to create immutable provenance histories for rough and polished diamonds. [28]

IBM Food Trust describes “reduce waste” and “increase transparency” benefits for food supply chains. [26]

IBM says blockchain traceability improves accountability and auditability in supply chains. [29]