Skip to main content

Automotive Blockchain Market to Reach $5.6 Billion by 2030: AMR

Portland, OR, June 24, 2020 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global automotive blockchain market generated $428.6 million in 2020, and is estimated to reach $5.6 billion by 2030, registering a CAGR of 29.3% from 2020 to 2030. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.Surge in need for protection against manipulations & data leaks and growing demand for faster transactions drive the growth of the global automotive blockchain market. However, uncertainty over government regulations restrain the growth of the market. Furthermore, high adoption of automotive blockchain technology in transportation & logistics and need for better payment services are expected to create new growth opportunities for the market players during the forecast period.Get Access To Report Sample (208 Pages PDF with Insights, Charts, Tables, Figures) @ https://www.alliedmarketresearch.com/request-sample/6232Covid-19 scenario:
• The demand for automotive blockchain technology is likely to affect during the Covid-19 pandemic as several automobile manufacturers across the globe have halted their production amid lockdown.
• The rise in cyberattacks and hacking during the pandemic has enforced companies to employ the best security practices and consolidate the encryption to keep data secure.
Get detailed COVID-19 impact analysis: Request HereThe report offers a detailed segmentation of the global automotive blockchain market based on application, provider, mobility, and region.Based on application, the supply chain segment is estimated to account for the largest share in 2020, holding nearly two-fifths of the total share, and is estimated to maintain its dominant position during the forecast period. However, the financing segment is estimated to portray the highest CAGR of 32.7% during the forecast period.Based on provider, the application and solution segment is projected to witness for the largest share in 2020, contributing nearly half of the total share, and is expected to maintain the largest share throughout the forecast period. In addition, it is also expected to register the highest CAGR of 30.8% from 2020 to 2030.Interested to Procure The Data? Inquire here @ https://www.alliedmarketresearch.com/purchase-enquiry/6232Based on region, North America is expected to hold the highest share, accounting for more than two-fifths of the total market share in 2020, and will maintain its dominance throughout the forecast period. However, Europe is expected to grow at the highest CAGR of 32.3% from 2020 to 2030.Leading market players analyzed in the automotive blockchain market research include Carvertical, Accenture, Helbiz, CarBlock, IBM, HCL Technologies, NXM Labs, Microsoft, Xain, and Tech Mahindra.Schedule a Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/6232Similar Reports We HaveAutomotive RADAR Market: The global automotive RADAR market size was valued at $3.15 billion in 2018, and is set to garner $7.68 billion by 2026, registering a CAGR of 11.7% from 2019 to 2026.Drive-by-Wire Market: The global drive by wire market size was valued at $18.76 billion in 2018, and is anticipated to surpass $35.18 billion by 2026, registering a CAGR of 8.3% from 2019 to 2026.Automotive Telematics Market: The global automotive telematics market size was valued at $50.40 billion in 2018, and is set to value $320.60 billion by 2026, registering a CAGR of 26.8% from 2019 to 2026.Automotive AV And VR Market: The global automotive AR and VR market was valued at $213.0 million in 2017, and is anticipated to reach $673,602.2 million by 2025, registering a CAGR of 175.7% from 2018 to 2025.Commercial Telematics Market: The global commercial telematics market was valued at $27,069.2 million in 2017, and is projected to reach $144,440.7 million by 2030, registering a CAGR of 13.8% from 2018 to 2030.Automotive Artificial Intelligence Market: The global automotive artificial intelligence market is expected to reach at $8,887.6 million by 2025, from $445.8 million in 2017, growing at a CAGR of 45.0% from 2018 to 2025.Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.