Global Automotive Blockchain Market was valued at USD 425.57 million in 2019 which is expected to reach USD 5.61 billion by 2030 at a CAGR 28.2%.
Automotive blockchain technology is used to maintain track of data and store it for automobile related processes. This technology utilized in several processes like smart contracts, IoT along with other processes like services, car sale, warranty calm processing, and other related processes. Automotive block-chain is widely applied in various sectors such as Financing, Supply Chain, Smart Contracts, and Mobility Solution.
Rise in focus on reducing data leaks and manipulations is the main key driving factor for market growth which is expected to boost the global automotive blockchain market growth, during this forecast period. Furthermore, faster transactions and reduced operational costs will have the positive impact on global automotive blockchain market growth. Moreover, blockchain technology is significantly growing in automotive industry owing to advantages of blockchain like usage based insurance, transportation, payment, and logistics. Rise in enhanced transparency in automotive operations, and stability in automotive operations will fuel the global blockchain market growth.
However, uncertainty over regulations is the major restraining factor which is expected to hamper the global automotive blockchain market. Also, security, privacy, and control concerns, and lack of qualified professionals will affect the growth of automotive blockchain industry growth.
Global Automotive Blockchain Market is segmented into provider such as Application & Solution, Infrastructure & Protocol, and Middleware, by mobility such as Commercial Mobility, Personal Mobility, and Shared Mobility. Further, Global Automotive Blockchain Market is segmented into application such as Financing, Supply Chain, Smart Contracts, and Mobility Solution.
Also, Global Automotive Blockchain Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Bigchaindb, Shiftmobility, Context Labs, Cube, Carblock, NXM Labs, Xain, HCL Technologies, Tech Mahindra, Helbiz, Carvertical, Microsoft, Accenture, and IBM.
By Provider
By Mobility
By Application
By Region
1.1. Market Taxonomy
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
5.1. Y-o-Y Growth Comparison, By Provider
5.2. Global Automotive Blockchain Market Share Analysis, By Provider
5.3. Global Automotive Blockchain Market Size and Forecast, By Provider
5.3.1 Application & Solution
5.3.2 Infrastructure & Protocol
5.3.3 Middleware
6.1. Y-o-Y Growth Comparison, By Mobility
6.2. Global Automotive Blockchain Market Share Analysis, By Mobility
6.3. Global Automotive Blockchain Market Size and Forecast, By Mobility
6.3.1 Commercial Mobility
6.3.2 Personal Mobility
6.3.3 Shared Mobility
7.1. Y-o-Y Growth Comparison, By Application
7.2. Global Automotive Blockchain Market Share Analysis, By Application
7.3. Global Automotive Blockchain Market Size and Forecast, By Application
7.3.1 Financing
7.3.2 Supply Chain
7.3.3 Smart Contracts
7.3.4 Mobility Solution
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Automotive Blockchain Market Share Analysis, By Region
9.1 Introduction
9.2 North America Automotive Blockchain Market Analysis, By Provider
9.3 North America Automotive Blockchain Market Analysis, By Mobility
9.4 North America Automotive Blockchain Market Analysis, By Application
9.5 North America Automotive Blockchain Market Analysis, By Country
9.5.1USA
9.5.2 Canada
9.5.3 Mexico
10.1 Introduction
10.2 Europe Automotive Blockchain Market Analysis, By Provider
10.3 Europe Automotive Blockchain Market Analysis, By Mobility
10.4 Europe Automotive Blockchain Market Analysis, By Application
10.5 Europe Automotive Blockchain Market Analysis, By Country
10.5 .1Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11.1 Introduction
11.2 Asia Pacific Automotive Blockchain Market Analysis, By Provider
11.3Asia Pacific Automotive Blockchain Market Analysis, By Mobility
11.3Asia Pacific Automotive Blockchain Market Analysis, By Application
11.4 Asia Pacific Automotive Blockchain Market Analysis, By Country
11.4.1China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12.1 Introduction
12.2 Latin America Automotive Blockchain Market Analysis, By Provider
12.3Latin America Automotive Blockchain Market Analysis, By Mobility
12.4Latin America Automotive Blockchain Market Analysis, By Application
13.1 Introduction
13.2 Middle East & Africa Automotive Blockchain Market Analysis, By Provider
13.3Middle East & Africa Automotive Blockchain Market Analysis, By Mobility
13.4Middle East & Africa Automotive Blockchain Market Analysis, By Application
14.1 Competition Dashboard
14.2Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15.1 Bigchaindb
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Shiftmobility
15.3 Context Labs
15.4 Cube
15.5 Carblock
15.6 NXM Labs
15.7 Xain
15.8 HCL Technologies
15.9 Tech Mahindra
15.10 Helbiz
15.11 Carvertical
15.12 Microsoft
15.13 Accenture
15.13 IBM
