Press release
Data-Driven Mobility: Automotive Blockchain Reshapes the Connected Car Landscape
Surge in need for protection against manipulations & data leaks and growing demand for faster transactions drive the growth of the global automotive blockchain market. However, uncertainty over government regulations restrain the growth of the market. Furthermore, high adoption of automotive blockchain technology in transportation & logistics and need for better payment services are expected to create new growth opportunities for the market players during the forecast period.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ @ https://www.alliedmarketresearch.com/request-sample/6232
Covid-19 scenario:
โข The demand for automotive blockchain technology is likely to affect during the Covid-19 pandemic as several automobile manufacturers across the globe have halted their production amid lockdown.
โข The rise in cyberattacks and hacking during the pandemic has enforced companies to employ the best security practices and consolidate the encryption to keep data secure.
The report offers a detailed segmentation of the global automotive blockchain market based on application, provider, mobility, and region.
Based on application, the supply chain segment is estimated to account for the largest share in 2020, holding nearly two-fifths of the total share, and is estimated to maintain its dominant position during the forecast period. However, the financing segment is estimated to portray the highest CAGR of 32.7% during the forecast period.
Based on provider, the application and solution segment is projected to witness for the largest share in 2020, contributing nearly half of the total share, and is expected to maintain the largest share throughout the forecast period. In addition, it is also expected to register the highest CAGR of 30.8% from 2020 to 2030.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ @ https://www.alliedmarketresearch.com/purchase-enquiry/6232
Based on region, North America is expected to hold the highest share, accounting for more than two-fifths of the total market share in 2020, and will maintain its dominance throughout the forecast period. However, Europe is expected to grow at the highest CAGR of 32.3% from 2020 to 2030.
Leading market players analyzed in the automotive blockchain market research include Carvertical, Helbiz, CarBlock, IBM, HCL Technologies, NXM Labs, Microsoft, Xain, and Tech Mahindra.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐:
Automotive RADAR Market- https://www.alliedmarketresearch.com/automotive-radar-market
Drive-by-Wire Market- https://www.alliedmarketresearch.com/drive-by-wire-market
Automotive Telematics Market- https://www.alliedmarketresearch.com/automotive-telematics-market
Automotive AV And VR Market- https://www.alliedmarketresearch.com/automotive-ar-and-vr-market
Commercial Telematics Market- https://www.alliedmarketresearch.com/commercial-telematics-market
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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