Press release
Aviation Blockchain Market to Reach USD 16.861 Billion by 2030, Fueled by 21.8% CAGR and Soaring with Security
Aviation Blockchain Market
Global Aviation Blockchain Market industry is expected to register a CAGR of 21.8 % during the forecast period 2023 - 2030 hold a value of over USD 16.861 Billion 2030
The aviation blockchain market refers to the use of blockchain technology in the aviation industry for various applications, such as aircraft maintenance, supply chain management, passenger identity verification, and cargo tracking. Blockchain technology can help to improve efficiency, reduce costs, and increase transparency and security in these areas. The COVID-19 pandemic has had a significant impact on the aviation industry, with many airlines and airports facing financial challenges due to travel restrictions and reduced demand. However, blockchain technology has the potential to help the industry recover by enabling more efficient and secure operations. Drivers include Increased efficiency, Improved security, Simplified payment processes better supply chain management. Restraints include Lack of regulatory clarity, High initial costs, Integration challenges.
Get a Free Sample PDF File @ https://www.marketresearchfuture.com/sample_request/8802
Regional Analysis
North America is expected to dominate the aviation blockchain market, owing to the presence of major players in the region, such as IBM and Microsoft. Europe is expected to be a major market for aviation blockchain, owing to the increasing adoption of blockchain technology in the region. In Asia Pacific, China, in particular, is expected to be a major market for aviation blockchain, owing to the growing adoption of blockchain technology in the country. The Middle East and Africa region is expected to witness significant growth in the aviation blockchain market, owing to the increasing investments in the aviation industry in the region. In Latin America, Brazil is expected to be a major market for aviation blockchain in the region.
Market Segmentation
The aviation blockchain market is segmented based on end market, application, vertical, and region. On the basis of end market, the market is classified as Airlines, Airports, MRO and Manufacturers. Based on application, the market is segmented as Cargo & Baggage Tracking, Flight & Crew Data Management, Passenger Identity Management, Supply Chain Management, Smart Contracts, and Aircraft Maintenance. Based on verticals, the market is segmented based on Civil & Commercial and Military.
Request For Customization @ https://www.marketresearchfuture.com/ask_for_customize/8802
Key Companies in the Aviation Blockchain Market include -
Aeron Labs (Canada)
AVINOC Ltd (China)
IBM (US)
Infosys (India)
Insolar Technologies (Switzerland)
Microsoft Corporation (US)
Moog Inc. (US)
Olistics (Switzerland)
Quillhash Technologies Pvt. Ltd (India)
Skybuys (Australia)
Sweetbridge, Inc. (US)
Read More About Report @ https://www.marketresearchfuture.com/reports/aviation-blockchain-market-8802
Aviation Blockchain Industry Developments -
Aeron Labs: In September 2023, they collaborated with Airbus to launch a pilot program exploring the use of blockchain for managing aircraft maintenance records.
IBM & Maersk: While not solely aviation-focused, their joint venture TradeLens using blockchain continues its expansion, recently adding Air Canada as a member.
Boeing & Microsoft: This duo continues development of their "AeroData Platform" built on Azure, designed for secure and efficient aircraft data management.
Read Our Related Report -
Counter-UAS Market Information by Technology, Platform, System Configuration, End Use, Application and Interdiction and Region - Forecast till 2030
https://www.marketresearchfuture.com/reports/counter-uas-market-7430
Space Electronics Market Research Report Information by Platform, Component, Subsystem, Product, Region Global Forecast till 2030
https://www.marketresearchfuture.com/reports/space-electronics-market-7584
Drones Market Research Report -Forecast 2030
https://www.marketresearchfuture.com/reports/drones-market-1124
Aerospace and Defense Telemetry Market - Forecast to 2030
https://www.marketresearchfuture.com/reports/aerospace-defense-telemetry-market-1398
Commercial Aircraft Seat Actuation Market Research Report - Forecast till 2032
https://www.marketresearchfuture.com/reports/commercial-aircraft-seat-actuation-market-1428
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aviation Blockchain Market to Reach USD 16.861 Billion by 2030, Fueled by 21.8% CAGR and Soaring with Security here
News-ID: 3422716 • Views: …
More Releases from MRFR ( Market Research Future Report)
2 in 1 Laptops Market to Reach USD 54.72 Billion by 2030, Growing at a 12.3% CAG …
The global 2 in 1 Laptops Market was valued at USD 21,184 million in 2022 and is projected to reach USD 54,718.6 million by 2030, growing at a robust CAGR of 12.3% during the forecast period from 2023 to 2030. Rising adoption of hybrid work models, increasing demand for portable and versatile computing devices, and growing interest in touch-enabled and convertible laptops are driving market growth across corporate, educational, and…
Energy Management System Market to Reach USD 88.48 Billion by 2030, Growing at a …
The global Energy Management System (EMS) market was valued at USD 29.59 billion in 2022 and is projected to reach USD 88.48 billion by 2030, growing at a robust compound annual growth rate (CAGR) of 14.6% during the forecast period from 2023 to 2030. This growth is driven by increased awareness of energy efficiency, governmental incentives, and a growing need for sustainable and optimized energy use, leading to widespread adoption…
Capacitor Market to Witness Robust Growth by 2030 | Rising Electronics Demand an …
The global Capacitor Market was valued at USD 15.2 billion in 2022 and is projected to reach USD 28.5 billion by 2030, growing at a strong CAGR of 7.8% during the forecast period from 2023 to 2030. Driven by increasing demand for electronic devices, advancements in energy storage technologies, and growing industrial applications, capacitors are becoming an essential component across multiple sectors.
Key Market Drivers
• Rising Electronics Consumption
The proliferation of smartphones,…
Consumer Audio Market to Witness Significant Growth by 2030 | Rising Adoption of …
The Consumer Audio Market is poised for substantial growth in the coming years, driven by increasing demand for high-quality audio experiences and the proliferation of smart audio devices. Valued at USD [insert current value] in 2022, the market is expected to expand at a robust CAGR during the forecast period, reaching USD [insert projected value] by 2030. Rising consumer awareness, technological innovations, and a shift toward premium and wireless audio…
More Releases for Blockchain
Pharmaceutical Blockchain Market to Witness Impressive Growth by 2030: IBM Block …
According to HTF Market Intelligence, the Pharmaceutical Blockchain market to witness a CAGR of 55% during the forecast period (2024-2030).The Latest published a market study on Global Pharmaceutical Blockchain Market provides an overview of the current market dynamics in the Global Pharmaceutical Blockchain space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2030. The study breaks the market by revenue and…
Noticias Blockchain Among the First to Launch of Blockchain for Good Alliance (B …
Noticias Blockchain is a premier Spanish blockchain news portal helmed by tech-savvy highly experienced journalists specializing in cryptocurrencies and blockchain technologies. The company recently published a comprehensive coverage of BGA's launch.
Image: https://www.getnews.info/uploads/70692aa238526d085c2aae051094caca.png
The world of cryptocurrencies and blockchain technologies expands at a rapid pace, witnessing breakthroughs big and small on a seemingly daily basis. To ensure that traders, crypto-curious individuals, investors, and blockchain experts across the globe have instant access…
FinTech Blockchain Market Is Booming Worldwide | Ripple, Guardtime, Cambridge Bl …
FinTech Blockchain Market: The extensive research on FinTech Blockchain Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on FinTech Blockchain Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the market, such as market rate, estimated…
Blockchain Security Market Set for Explosive Growth | DMG Blockchain Solutions, …
Global Blockchain Security Market Growth (Status and Outlook) 2021-2026 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Blockchain Security Market. Some of the key players profiled in the study are Oracle, IBM, Kaspersky, Gemalto,…
Impact of Outbreak of Coronavirus (Covid-19) on Blockchain in IOT Market by 2027 …
The Blockchain in IOT market is expected to garner $6000 million and rise at a CAGR of 70% during the forecast period from 2019 to 2027.
A new market report titled “Blockchain in IOT Market” has been added to the repository of Research N Reports. This report provides comprehensive assessment of the current trends, restrains and futuristic opportunities, which are anticipated to provide lucrative avenues for market proliferation. An in-depth description…
Oodles Blockchain Uses Top Blockchain Platforms To Expedite Blockchain Adoption
With an aim to leverage the blockchain technology to change the centralized system and make it decentralized, Oodles Blockchain has decided to use top blockchain platforms to develop consumer-based blockchain applications.
Oodles Blockchain, a micro-website of Oodles Technologies, developed mainly to focus on blockchain technology, is delighted to announce that it will be expanding its horizon of blockchain development services by using a few latest open source blockchain platforms like…
