Press release
Automotive Blockchain Market Share Analysis And Growth Forecast 2033
The new report published by The Business Research Company, titled ""Automotive Blockchain Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
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.
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.
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