The global blockchain in automotive market size is expected to reach USD 4.5 billion by 2026, at a significant growth rate of 27% during the forecasted period 2019 to 2026.
The blockchain is a distributed database of records of all the transactions and payments which are executed by the different parties. The blockchain contains a certain and verifiable record of every single transaction ever made. Blockchain makes transfer of data, assets, and money safe, secure and transparent. The blockchain contains a certain and verifiable record of every single transaction ever made. The blockchain technology is an innovative and vital technology as it stands as the proof of all the transactions on the network. It creates a chain of all blocks stored in the system. The blockchain technology helps to maintain a complete database of all addresses and their balances from the origin blocks to the most recent blocks, which is the crucial factor for driving the growth of the market.
The market for automotive blockchain is driven by the increased focus on reducing data leaks and manipulations. In addition, the ease of faster transaction also augments the growth of global blockchain in automotive market. Moreover, the reduced operational cost further boosts the growth of global blockchain in automotive market. However, stringent or uncertainty in government regulations may slow the growth of the global blockchain in automotive during the forecasted period.Also, the uncertainty associated with privacy, control, and security further hinders the growth of global blockchain in automotive market. Furthermore, limited scalability and lack of technical experts also hampers the market growth. Nevertheless, increased adoption of blockchain technology in automotive industry for logistics, insurance, and payments offers lucrative growth opportunities for global blockchain in automotive market.
A number of companies are involved in the market. Many players have adopted different strategy for the development of the market. For instance, CarBlock, a data protocol which focuses on logistics, invested in blockchain technology in last couple of years. The company has also developed a data protocol that uses blockchain for the protectionof user’s privacy. Similarly, IBM and VMware, Inc. launched new technology to increase the acceptance of enterprise hybrid cloud.In addition, Ares Tech and BigchainDB collaborated in order to develop a prototype for a blockchain based gaming platform.
The market research study on “Blockchain in Automotive Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global blockchain in automotive market. The report also analyzes the key players operating in blockchain in automotive market and identifies the key strategies deployed by them along with the market share of leading players.
The global blockchain in automotive market is segmented as below:
Blockchain in Automotive Market by Application
- Financing
- Mobility Solutions
- Smart Contract
- Supply Chain
Blockchain in Automotive Market by Provider
- Application & Solution
- Middleware
- Infrastructure & Protocol
Blockchain in Automotive Market by Mobility
- Personal
- Shared
- Commercial
Blockchain in Automotive Market by Geography
- North America
- Europe
- UK
- France
- Sweden
- Norway
- Denmark
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Singapore
- India
- Rest of Asia-Pacific
- Rest of the World
- UAE
- Qatar
- Saudi Arabia
- South Africa
- Rest of the World
The global blockchain in automotive market is segmented by application, provider and region.
On the basis of application, the market is segmented into financing, mobility solutions, smart contract, and supply chain. Mobility solutions are anticipated to register the highest growth during the forecast period owing to the booming shared mobility industry, and upsurge in the consumer preference for advanced mobility services.
Based on provider, the market is segmented into application & solution, middleware, infrastructure & protocol. On the basis of mobility, the global blockchain in automotive market is segmented into personal, shared, and commercial.
Regional Segment
Geographically, blockchain in automotive market is segmented into North America, Europe, Asia Pacific, Latin America and The Middle East & Africa (LAMEA).
North America is one of the leading markets across the globe owing to owing to the increasing spending in various sectors, well developed technology and awareness among the people about the blockchain technology. Europe commands for the second largest market, which is attributed due to high acceptance of the blockchain technology and availability of huge investment.
Asia Pacific is projected to witness with the highest growth in next couple of years owing to the robust automotive industry. The primary application of blockchain technology in automotive industry in Asia-Pacific is in supply chain, finance, manufacturing, safety & security, payments and insurance services industry. The region is expected to witness massive demand for the blockchain technology from automotive industry owing to government initiatives to encourage blockchain technology along with the growing acceptance of blockchain for digital identities, payments and smart contracts. Furthermore, funding from government to support blockchain technology is also anticipated to augment the development of theblockchain in automotive market in the region.
The LAMEA holds the least share in the market due to presence of poor economy countries in Africa region. Middle East holds the major share in the Middle East & Africa market owing the presence of the well-developed economies like Kuwait, Qatar, Oman, and others.
Some of the key players in the global blockchain in automotive market Accenture PLC, carVertical, include IBM Corporation, Microsoft Corporation, Helbiz Mobility System PTE Ltd., BigchainDB GmbH, Tech Mahindra Ltd., ShiftMobility Inc., ConsenSys, Context Labs BV, Mesosphere Inc.Ethereum, Factom Inc., Ripple Labs Inc., and XAIN AG.
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Blockchain in Automotive
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Blockchain in Automotive Market By Application
1.2.2.1. Global Blockchain in Automotive Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.2.2. Global Blockchain in Automotive Market Revenue Share By Application in 2017
1.2.2.3. Financing
1.2.2.4. Mobility Solutions
1.2.2.5. Smart Contract
1.2.2.6. Supply Chain
1.2.3. Blockchain in Automotive Market By Provider
1.2.3.1. Global Blockchain in Automotive Market Revenue and Growth Rate Comparison By Provider (2015-2026)
1.2.3.2. Application & Solution
1.2.3.3. Middleware
1.2.3.4. Infrastructure & Protocol
1.2.4. Blockchain in Automotive Market By Mobility
1.2.4.1. Global Blockchain in Automotive Market Revenue and Growth Rate Comparison By Mobility (2015-2026)
1.2.4.2. Personal
1.2.4.3. Shared
1.2.4.4. Commercial
1.2.5. Blockchain in Automotive Market by Geography
1.2.5.1. Global Blockchain in Automotive Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Blockchain in Automotive Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Blockchain in Automotive Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Blockchain in Automotive Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Blockchain in Automotive Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Blockchain in Automotive Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Blockchain in Automotive Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Blockchain in Automotive Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Blockchain in Automotive Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Blockchain in Automotive Major Manufacturers in 2017
CHAPTER 4. BLOCKCHAIN IN AUTOMOTIVE MARKET BY APPLICATION
4.1. Global Blockchain in Automotive Revenue By Application
4.2. Financing
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Mobility Solutions
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Smart Contract
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Supply Chain
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. BLOCKCHAIN IN AUTOMOTIVE MARKET BY PROVIDER
5.1. Global Blockchain in Automotive Revenue By Provider
5.2. Application & Solution
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Middleware
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Infrastructure & Protocol
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. BLOCKCHAIN IN AUTOMOTIVE MARKET BY MOBILITY
6.1. Global Blockchain in Automotive Revenue By Mobility
6.2. Personal
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Shared
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Commercial
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA BLOCKCHAIN IN AUTOMOTIVE MARKET BY COUNTRY
7.1. North America Blockchain in Automotive Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Blockchain in Automotive Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Blockchain in Automotive Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
CHAPTER 8. EUROPE BLOCKCHAIN IN AUTOMOTIVE MARKET BY COUNTRY
8.1. Europe Blockchain in Automotive Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Blockchain in Automotive Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFIC BLOCKCHAIN IN AUTOMOTIVE MARKET BY COUNTRY
9.1. Asia-Pacific Blockchain in Automotive Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Blockchain in Automotive Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICA BLOCKCHAIN IN AUTOMOTIVE MARKET BY COUNTRY
10.1. Latin America Blockchain in Automotive Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Blockchain in Automotive Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST BLOCKCHAIN IN AUTOMOTIVE MARKET BY COUNTRY
11.1. Middle East Blockchain in Automotive Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East Blockchain in Automotive Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
CHAPTER 12. AFRICA BLOCKCHAIN IN AUTOMOTIVE MARKET BY COUNTRY
12.1. Africa Blockchain in Automotive Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Africa Blockchain in Automotive Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Provider, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Mobility, 2015 - 2026 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. Accenture PLC
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. carVertical
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. IBM Corporation
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Microsoft Corporation
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Helbiz Mobility System PTE Ltd.
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. BigchainDB GmbH
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Tech Mahindra Ltd.
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. ShiftMobility Inc.
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. ConsenSys
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. Context Labs BV
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Mesosphere Inc.Ethereum
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Factom Inc.
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Type Portfolio
13.12.5. Key Developments
13.12.6. Strategies
13.13. Ripple Labs Inc.
13.13.1. Company Snapshot
13.13.2. Overview
13.13.3. Financial Overview
13.13.4. Type Portfolio
13.13.5. Key Developments
13.13.6. Strategies
13.14. XAIN AG
13.14.1. Company Snapshot
13.14.2. Overview
13.14.3. Financial Overview
13.14.4. Type Portfolio
13.14.5. Key Developments
13.14.6. Strategies
13.15. Others
13.15.1. Company Snapshot
13.15.2. Overview
13.15.3. Financial Overview
13.15.4. Type Portfolio
13.15.5. Key Developments
13.15.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
