The global automotive blockchain market size was USD 0.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 32.0% during the forecast period. The introduction of blockchain solutions in the automobile sector, which decreases the operational costs, is a key factor driving market revenue growth. Automotive blockchain refers to utilization of blockchain technology in the automotive sector, which uses smart features such as management of records and decentralization.
The latest research report by Emergen Research, named ‘Global Automotive Blockchain Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Automotive Blockchain Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Automotive Blockchain Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Automotive Blockchain Market
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Automotive Blockchain market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Microsoft, BigchainDB GmbH, IBM, SHIFTMobility Inc., Accenture, Tech Mahindra Limited, Gem, HCL Technologies Limited, NXM Labs, Inc., Consensys, Helbiz, Vechain Foundation San Marino S.r.l, OriginTrail, IOTA Foundation and Avalanche
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Emergen Research has segmented the global Automotive Blockchain market on the basis of type, application, end-use, and region:
Provider Outlook (Revenue, USD Billion; 2019–2032)
- Application solution providers
- Infrastructure protocol providers
- Middleware providers
Application Type Outlook (Revenue, USD Billion; 2019–2032)
- Supply chain
- Vehicle tracking and provenance.
- Parts and materials management
- Counterfeit prevention
- Smart contracts
- Vehicle financing
- Usage-based insurance
- Mobility services
- Mobility solutions
- Vehicle sharing
- Ride-hailing
- Autonomous vehicles
- Other applications
- Vehicle maintenance and repair
- Data monetization
- Cybersecurity
- Supply chain
Mobility Type Outlook (Revenue, USD Billion; 2019–2032)
- Personal mobility
- Passenger cars
- Motorcycles
- Shared mobility
- Car sharing
- Ride-hailing
- Commercial mobility
- Trucks
- Buses
- Fleets
- Personal mobility
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Automotive Blockchain Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Automotive Blockchain Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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