Aviation Blockchain Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

As per the study initiated by Evolve Business Intelligence, The global Aviation Blockchain market size is expected to reach $2,179.38 Million by 2028 growing at a CAGR of 21.37% from 2021 to 2028. Aviation Blockchain refers to the application of blockchain technology within the aviation industry to enhance transparency, security, and efficiency in various operational and business processes. Blockchain, a decentralized and distributed ledger technology, enables the recording and verification of transactions across a network of computers in a secure and immutable manner. In the aviation context, blockchain can be used for various purposes, including aircraft maintenance tracking, supply chain management, flight data management, passenger identity verification, and ticketing processes. By leveraging blockchain, stakeholders within the aviation ecosystem can streamline workflows, reduce administrative overhead, mitigate fraud, enhance data integrity, and facilitate real-time access to critical information, ultimately improving operational resilience and customer experience.
The Aviation Blockchain market is primarily driven by the increasing demand for secure and transparent data management solutions to enhance operational efficiency, streamline regulatory compliance, and mitigate cybersecurity risks across the aviation industry. Additionally, the potential for blockchain technology to revolutionize various aspects of aviation, such as aircraft maintenance, supply chain management, and passenger verification, is fueling investment and innovation in blockchain-based solutions.

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Key Highlights:
• The global Aviation Blockchain market size is expected to reach $2,179.38 Million by 2028 growing at a CAGR of 21.37% from 2021 to 2028.
• North America dominated the market in 2021
• Asia Pacific is expected to grow at the highest CAGR from 2021 to 2028

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Aviation Blockchain Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges.

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Key Players
Some of the major Aviation Blockchain Market players holding high market shares include Avinoc LTD, Filament, IBM, Infosys, and Insolar Technologies. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Avinoc LTD
• Filament
• IBM
• Infosys
• Insolar Technologies
• Olistics
• Skybuys
• Sorablocks
• Volantio Inc
• Aeron Labs

Segmental Analysis
Market Segment By Deployment
• Public
• Private
• Hybrid
Market Segment By Function
• Record-keeping
• Transactions

Market Segment By Application
• Passenger Identity Management
• Cargo & Baggage Tracking
• Flight & Crew Data Management
• Frequent Flyer Programs
• Smart Contract
• Travel Insurance
• E-ticketing & Ticket Tokenization
• Aircraft Refueling
• Airline Revenue Sharing
• Leasing
• Supply Chain Management
• Parts Tracking
• Parts Health Monitoring
• Inventory Management
• Aircraft Maintenance

Market Segment By End-Market
• Airports
• Airlines
• MRO
• Manufacturers
• Lessor

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and data forecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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