Automotive Blockchain Market Anticipated to Grow Rapidly During 2027 – Accenture, carVertical, CONSENSUS SYSTEMS, GeM, HCL Technologies, Helbiz, IBM, NXM Labs, RSK Labs
A blockchain based solution securely stores, updates, traces and shares vehicle data (including telematics) across OEMs and with external parties in real time. Using smart contracts and IOT, dealerships can automate several processes involved in car sales, service, warranty claim processing and much more. The blockchain has greater oversight and accountability in automotive supply chains, and also serve as a means by which drivers can view and understand how and their vehicle's data is being shared and utilized.
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What the report features:-
• Global analysis of Automotive Blockchain Market from 2019 – 2027 illustrating the progression of the market.
• Forecast and analysis of Automotive Blockchain Market by product type, component, application, and geography from 2019 – 2027
• Forecast and analysis of Automotive Blockchain Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America
The automotive blockchain market is heavily influenced by driving factors such as increasing focus on reducing data leaks and manipulations, faster transactions and reduced operational costs boosts the market growth.However,the uncertainty over regulations is impacting negatively on the growth of this market in the current market scenario.
Some of the Major Players In Automotive Blockchain Market:
3. CONSENSUS SYSTEMS
5. HCL Technologies Limited
8. NXM Labs Inc.
9. RSK Labs
10. Tech Mahindra Limited
The "Global Automotive blockchain Market Analysis to 2027" is a specialized and in-depth study of the automation and transportation industry with a special focus on the global automotive blockchain market trend analysis. The report aims to provide an overview of the automotive blockchain market with detailed market segmentation by mobility type, provider and by application. The global automotive blockchain market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive blockchain market players and offers key trends and opportunities in the automotive blockchain market.
The report analyzes factors affecting automotive blockchain market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the automotive blockchain market in these regions.
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Global Automotive Blockchain Market – By Mobility Type
• personal mobility
• shared mobility
• commercial mobility
Global Automotive Blockchain Market – By Provider
• middleware provider
• protocols provider
• infrastructure and protocols provider
Global Automotive Blockchain Market – By Application
• smart contracts
• supply chain
• mobility solutions
Global Automotive Blockchain Market – By Geography
• North America
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM
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