Automotive Blockchain Market Analysis and Key Players’ Role in Driving Growth

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 research report on the Automotive Blockchain market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Automotive Blockchain business sphere.

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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

The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Overview:

The report bifurcates the Automotive Blockchain market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

• 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
    1. Vehicle tracking and provenance.
    2. Parts and materials management
    3. Counterfeit prevention
  • Smart contracts
    1. Vehicle financing
    2. Usage-based insurance
    3. Mobility services
  • Mobility solutions
    1. Vehicle sharing
    2. Ride-hailing
    3. Autonomous vehicles
  • Other applications
    1. Vehicle maintenance and repair
    2. Data monetization
    3. Cybersecurity

• Mobility Type Outlook (Revenue, USD Billion; 2019–2032)

  • Personal mobility
    1. Passenger cars
    2. Motorcycles
  • Shared mobility
    1. Car sharing
    2. Ride-hailing
  • Commercial mobility
    1. Trucks
    2. Buses
    3. Fleets

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.

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Regional Analysis Covers:

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 reasons to buy the Global Automotive Blockchain Market report:

1. The latest report comprehensively studies the global Automotive Blockchain market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
2. The report offers an insightful analysis of the regional outlook of the market.
3. It offers a detailed account of the end-use applications of the products & services offered by this industry.
4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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