Press release
Automotive Blockchain Market Share Analysis And Growth Forecast 2033
Automotive Blockchain Market Share
As per the report, the automotive blockchain market size has grown exponentially in recent years. It will grow from $0.46 billion in 2023 to $0.57 billion in 2024 at a compound annual growth rate (CAGR) of 22.5%. The automotive blockchain market size is expected to see exponential growth in the next few years. It will grow to $1.28 billion in 2028 at a compound annual growth rate (CAGR) of 22.7%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16600&type=smp
Rising Vehicle Production Drives Automotive Blockchain Market Growth
The increasing vehicle production processes are expected to propel the growth of the automotive blockchain market going forward. The demand for automotive blockchain arises from the need to enhance supply chain transparency, quality assurance, fraud prevention, data security in vehicle production, driving efficiency, and trust across the automotive ecosystem. Vehicle production uses automotive blockchain to improve supply chain transparency, quality control, and fraud prevention while enabling automated processes and secure data sharing among stakeholders, ultimately improving efficiency and trust in vehicle production. For instance, in January 2022, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, sales of electric vehicles nearly doubled to 6.6 million in 2021 from 3 million in 2020, representing almost 9% of total sales, and increased by 4 percentage points in 2021 as well, bringing the total number of electric vehicles on the road to 16.5 million. Therefore, the increasing vehicle production processes are driving growth in the automotive blockchain market.
Revolutionizing Automotive Supply Chains With Innovative Platforms
Major companies operating in the automotive blockchain market are focusing on the adoption of blockchain solutions, such as blockchain network management platforms, to enhance supply chain transparency and streamline operational efficiencies. Blockchain network management platforms are tools and services designed to facilitate the deployment, monitoring, and maintenance of blockchain networks. For instance, in October 2021, Blockedge Technologies Inc., a US-based technology company, launched a blockchain-as-a-service (BaaS) for the automotive supply chain. The platform, designed to facilitate seamless blockchain adoption with minimal coding efforts, leverages Blockedge's extensive cloud expertise to offer a comprehensive solution for deploying multi-cloud and multi-chain networks.
The automotive blockchain market covered in this report is segmented -
1) By Provider: Application And Solution, Middleware, Infrastructure And Protocol
2) By Mobility: Personal Mobility, Shared Mobility, Commercial Mobility
3) By Application: Supply Chain, Smart Contracts, Mobility Solutions, Financing
4) By End User: Original Equipment Manufacturer (OEMs), Vehicle Owners, Mobility As A Service Provider, Other End Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=16600&type=discount
Major companies operating in the automotive blockchain market are Amazon.com Inc., Microsoft Corporation, Dell Inc., Accentur*e plc, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Hewlett Packard Enterprise Development LP, Salesforce Inc., NEC Corporation, VMware Inc., Red Hat Inc., OpenText Corporation, Rackspace Technology Inc., Lumen Technologies Inc., Zoho Corporation, Epicor Software Corporation, carVertical, BigchainDB GmbH, NXM Labs Inc., ShiftMobility Inc.
Contents of the report:
1. Executive Summary
2. Automotive Blockchain Market Report Structure
3. Automotive Blockchain Market Trends And Strategies
4. Automotive Blockchain Market - Macro Economic Scenario
5. Automotive Blockchain Market Size And Growth
…..
27. Automotive Blockchain Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/automotive-blockchain-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Automotive Blockchain Market Share Analysis And Growth Forecast 2033 here
News-ID: 3633944 • Views: …
More Releases from The Business research company
Segmentation, Major Trends, and Competitive Overview of the Smart Grid Communica …
The smart grid communications sector is gaining significant traction as the energy industry undergoes major transformations. With the increasing need for smarter, more efficient, and secure grid management, this market is positioned for remarkable expansion. Let's delve into the expected market size, key drivers, leading players, emerging trends, and the segmentation that defines this evolving field.
Forecasted Growth and Market Size of the Smart Grid Communications Market
The smart grid communications…
Market Trend Insights: The Impact of Recent Innovations on the Energy Management …
The energy management systems market is poised for significant expansion as the global focus on efficient energy use and sustainability intensifies. With rising adoption of renewable energy and smart technologies, this sector is set to play a crucial role in shaping future energy landscapes. Let's explore the market's projected growth, key players, emerging trends, and segmentation to understand its evolving dynamics.
Projected Size and Growth Outlook for the Energy Management Systems…
Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Grid …
The grid-scale battery storage sector is on the brink of remarkable expansion as energy systems evolve globally. With increasing demands for efficient, sustainable, and scalable energy solutions, this market is gaining significant attention from industry players and policymakers alike. Let's explore the market's size projections, key drivers, leading companies, emerging trends, and segmentation details to understand where this industry is headed.
Strong Growth Outlook for the Grid-scale Battery Storage Market Size…
Major Industry Participants Reinforcing Their Presence in the Biogas Market
The biogas sector is gaining significant momentum as the world looks for cleaner, renewable energy alternatives. With increasing environmental concerns and technological advancements, this industry is set to experience considerable growth and transformation in the coming years. Let's explore the market's current scale, influential players, and evolving trends shaping its future.
Projected Biogas Market Size Expansion Through 2029
The biogas market is anticipated to grow substantially, reaching a valuation of $112.09…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
