Global Automotive Blockchain Market, By Application (Smart Contracts, Supply Chain, Financing, Mobility Solutions, Others), By Provider (Middleware Provider, Infrastructure & Protocols Provider, Application & Solution Provider), By Mobility Type (Personal Mobility, Shared Mobility, Commercial Mobility), By Company and By Geography, Forecast & Opportunities, 2024
Industry Reports –> Automotive
Global Automotive Blockchain Market is projected to reach USD 5.3 billion by 2024, growing at a CAGR of over 31% during the forecast period. The market is witnessing growth, due to increasing focus on reducing data manipulations or data leaks, faster transactions and decreased total cost of ownership. Based on Application, the market is segmented into Smart Contracts, Supply Chain, Financing, Mobility Solutions, Others. Based on Provider, the market is segmented into Middleware Provider, Infrastructure & Protocols Provider, Application & Solution Provider. Further, based on Mobility Type, the market is segmented into Personal Mobility, Shared Mobility and Commercial Mobility. Geographically, the market is segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Among these regions, Asia Pacific is projected to be the fastest growing region during the forecast period. Some of the leading players of the market, include IBM (US), Microsoft (US), BigchainDB (Germany), Tech Mahindra (India), and Carvertical.
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Some of the leading players in the Global Automotive Blockchain Market are IBM, Accenture, Microsoft, Carvertical, Helbiz, Tech Mahindra, HCL Technologies, Xain, NXM Labs, Carblock.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
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TechSci Research calculated the market size of Global Automotive Blockchain Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Automotive OEMs
- Automotive Blockchain Manufacturers
- Distributors and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
Report Segments:
- Market, By Application
- Market, By Provider
- Market, By Mobility Type
- Market, By Region
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