Automotive Blockchain Market - Global Industry Analysis

Automotive Blockchain Market: Industry Perspective

According to the report published by Zion Market Research, global demand for the automotive blockchain market was valued at approximately USD 394.5 Million in 2019 and is expected to generate revenue of around USD 2,481.3 Million by end of 2026, growing at a CAGR of around 29.2% between 2020 and 2026.

Global Automotive Blockchain Market: Overview

Automotive blockchain has various advantages, such as reduced overall ownership cost, speedy transactions, and a rise in the focus on lowering manipulations and data leaks. Thus, this technology is being adopted by various market players to simplify their business processes along with creating stability and transparency. The demand and popularity of the automotive blockchain market on a global scale can be attributed to the growing market capital of cryptocurrency and the increasing adoption rate of automotive blockchain for usage-based insurance, transportation and logistics, and payments.

Global Automotive Blockchain Market: Growth Factors

The major growth drivers in the global automotive blockchain market are the reduced overall ownership cost, speedy transactions, and a rise in the focus on lowering manipulations and data leaks. Owing to substantial developments, such as the growing need for stability and better transparency in complex automotive ecosystems and testing blockchain use cases, the automobile industry across the world is growing by leaps and bounds. The global automobile industry is fuelled by increasing automobile production as a result of a growing population, improved economic conditions, increased purchasing power of the population, and rapid urbanization. This, in turn, is anticipated to drive the global automotive blockchain market over the estimated timeframe.

However, uncertain government regulations regarding automotive blockchain technology due to the nascent stage of the automotive blockchain market globally might limit this market on a global scale over the estimated time period. Other restraining factors include concerns related to control, security, and privacy, limited scalability, and the lack of technical expertise.

Global Automotive Blockchain Market: Segmentation

The global automotive blockchain market is classified into the application, mobility type, and provider. By application, this market includes supply chains, smart contracts, mobility solutions, financing, and others (IoT, safety and security, insurance, and fleet management). Based on mobility type, this global market is segmented into commercial mobility, shared mobility, and personal mobility. On the basis of provider, this market is divided into application and solution providers, infrastructure and protocols providers, and middleware providers.

Global Automotive Blockchain Market: Regional Analysis

The global automotive blockchain market is classified into Europe, North America, the Middle East, Africa, Latin America, and the Asia Pacific. The Asia Pacific region is likely to register the fastest rate of growth in the automotive blockchain market over the estimated time period. This can be attributed to the region’s increasing automobile production as a result of a growing population, improved economic conditions, the increased purchasing power of the population, and rapid urbanization. This, in turn, is likely to drive the automotive blockchain market in the upcoming years, as the automotive industry is ready to adopt blockchain technology for combatting fraud and increasing transparency. China and India are anticipated to be the leading market contributors in this regional market. North America is projected to emerge as the major contributor to the global automotive blockchain market in the years to come. This is due to the region being a pioneer in adopting blockchain technologies for varied automotive applications, such as stability of business operations, improved transparency, etc.

Global Automotive Blockchain Market: Competitive Players

Some of the most important market players in the global automotive blockchain market include Microsoft, carVertical, Gem, RSK Labs, FOAM, Consensys, Cube, BigchainDB, Context Labs, SHIFTMobility, CarBlock, NXM Labs, XAIN, Tech Mahindra, Helbiz, HCL Technologies, Dashride, Accenture, and IBM, among others.

Global Automotive Blockchain Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa

• Chapter 1.Preface
  • 1.1.Report Description
  • 1.1.Report Scope
• Chapter 2.Research Methodology
  • 2.1.Research Methodology
  • 2.2.Secondary Research
  • 2.3.Primary Research
  • 2.4.Models
    • 2.4.1.Company Share Analysis Model
    • 2.4.2.Revenue Based Modelling
  • 2.5.Research Limitations
• Chapter 3.Executive Summary
  • 3.1.Global Automotive Blockchain Market, 2016 – 2026 (USD Million)
  • 3.2.Global Automotive Blockchain Market: Snapshot
• Chapter 4.Automotive Blockchain Market – Industry Analysis
  • 4.1.Introduction
  • 4.2.Market Drivers
    • 4.2.1.Driving Factor 1 Analysis
    • 4.2.2.Driving Factor 2 Analysis:
  • 4.3.Market Restraints
    • 4.3.1.Restraining Factor Analysis
  • 4.4.Market Opportunities
    • 4.4.1.Market Opportunity & Use-case Analysis
    • 4.4.2.Use – Cases for Automotive Blockchain
  • 4.5.Porter’s Five Forces Analysis
  • 4.6.COVID 19 Impact Analysis
    • 4.6.1.1.Impact on Product Development and Technology Adoption
    • 4.6.1.2.Gap Analysis

• Chapter 5.Investment Proposition Analysis
  • 5.1.Global Automotive Blockchain Market Attractiveness, By Application
  • 5.2.Global Automotive Blockchain Market Attractiveness, By Mobility Type
  • 5.3.Global Automotive Blockchain Market Attractiveness, By Provider
  • 5.4.Global Automotive Blockchain Market Attractiveness, By Region
• Chapter 6.Competitive Landscape
  • 6.1.Company Market Share Analysis - 2019
    • 6.1.1.Global Automotive Blockchain Market: Company Market Share, 2019
  • 6.2.Strategic Developments
  • 7.1.Global Automotive Blockchain Market Overview: By Application
    • 7.1.1.Global Automotive Blockchain Market Revenue Share, By Application, 2019 & 2026
  • 7.2.Global Automotive Blockchain Market Analysis/Overview – By Application
    • 7.2.1.Supply Chain – Overview/Analysis
    • 7.2.2.Smart Contracts – Overview/Analysis
    • 7.2.3.Mobility Sulutions – Overview/Analysis
    • 7.2.4.Financing – Overview/Analysis
    • 7.2.5.Others – Overview/Analysis
  • 7.3.Supply Chain
    • 7.3.1.Global Automotive Blockchain Market for Supply Chain, Revenue (USD Million) 2016 - 2026
  • 7.4.Smart Contracts
    • 7.4.1.Global Automotive Blockchain Market for Smart Contracts, Revenue (USD Million) 2016 - 2026
  • 7.5.Mobility Sulutions
    • 7.5.1.Global Automotive Blockchain Market for Mobility Sulutions, Revenue (USD Million) 2016 - 2026
  • 7.6.Financing
    • 7.6.1.Global Automotive Blockchain Market for Financing, Revenue (USD Million) 2016 - 2026
  • 7.7.Others
    • 7.7.1.Global Automotive Blockchain Market for Others, Revenue (USD Million) 2016 - 2026
  • 8.1.Global Automotive Blockchain Market Overview: By Mobility Type
    • 8.1.1.Global Automotive Blockchain Market Revenue Share, By Mobility Type, 2019 & 2026
  • 8.2.Global Automotive Blockchain Market Analysis/Overview – By Mobility Type
    • 8.2.1.Commercial Mobility – Overview/Analysis
    • 8.2.2.Shared Mobility – Overview/Analysis
    • 8.2.3.Personal Mobility – Overview/Analysis
  • 8.3.Commercial Mobility
    • 8.3.1.Global Automotive Blockchain Market for Commercial Mobility, Revenue (USD Million) 2016 - 2026
  • 8.4.Shared Mobility
    • 8.4.1.Global Automotive Blockchain Market for Shared Mobility, Revenue (USD Million) 2016 - 2026
  • 8.5.Personal Mobility
    • 8.5.1.Global Automotive Blockchain Market for Personal Mobility, Revenue (USD Million) 2016 - 2026
  • 9.1.Global Automotive Blockchain Market Overview: By Provider
    • 9.1.1.Global Automotive Blockchain Market Revenue Share, By Provider, 2019 & 2026
  • 9.2.Global Automotive Blockchain Market Analysis/Overview – By Provider
    • 9.2.1.Sulution Provider – Overview/Analysis
    • 9.2.2.Infrastructure & Protoculs Provider – Overview/Analysis
    • 9.2.3.Middleware Provider – Overview/Analysis
  • 9.3.Sulution Provider
    • 9.3.1.Global Automotive Blockchain Market for Sulution Provider, Revenue (USD Million) 2016 - 2026
  • 9.4.Infrastructure & Protoculs Provider
    • 9.4.1.Global Automotive Blockchain Market for Infrastructure & Protoculs Provider, Revenue (USD Million) 2016 - 2026
  • 9.5.Middleware Provider
    • 9.5.1.Global Automotive Blockchain Market for Middleware Provider, Revenue (USD Million) 2016 - 2026
• Chapter 10.Automotive Blockchain Market – Regional Analysis
  • 10.1.Global Automotive Blockchain Market: Regional Overview
    • 10.1.1.Global Automotive Blockchain Market Revenue Share, by Region, 2019 & 2026
    • 10.1.2.Global Automotive Blockchain Market Revenue, by Region, 2016 – 2026 (USD Million)
  • 10.2.North America
    • 10.2.1.North America Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
    • 10.2.2.North America Automotive Blockchain Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 10.2.3.North America Automotive Blockchain Market Revenue, By Application, 2016 – 2026
    • 10.2.4.North America Automotive Blockchain Market Revenue, By Mobility Type, 2016 – 2026
    • 10.2.5.North America Automotive Blockchain Market Revenue, By Provider, 2016 – 2026
    • 10.2.6. U.S.
    • 10.2.7.Canada
  • 10.3.Europe
    • 10.3.1.Europe Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
    • 10.3.2.Europe Automotive Blockchain Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 10.3.3.Europe Automotive Blockchain Market Revenue, By Application, 2016 – 2026
    • 10.3.4.Europe Automotive Blockchain Market Revenue, By Mobility Type, 2016 – 2026
    • 10.3.5.Europe Automotive Blockchain Market Revenue, By Provider, 2016 – 2026
    • 10.3.6.Germany
    • 10.3.7.France
    • 10.3.8. U.K.
    • 10.3.9.Italy
    • 10.3.10.Rest of Europe
  • 10.4.Asia Pacific
    • 10.4.1.Asia Pacific Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
    • 10.4.2.Asia Pacific Automotive Blockchain Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 10.4.3.Asia Pacific Automotive Blockchain Market Revenue, By Application, 2016 – 2026
    • 10.4.4.Asia Pacific Automotive Blockchain Market Revenue, By Mobility Type, 2016 – 2026
    • 10.4.5.Asia Pacific Automotive Blockchain Market Revenue, By Provider, 2016 – 2026
    • 10.4.6.China
    • 10.4.7.Japan
    • 10.4.8.India
    • 10.4.9.South Korea
    • 10.4.10.Rest of Asia Pacific
  • 10.5.Latin America
    • 10.5.1.Latin America Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
    • 10.5.2.Latin America Automotive Blockchain Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 10.5.3.Latin America Automotive Blockchain Market Revenue, By Application, 2016 – 2026
    • 10.5.4.Latin America Automotive Blockchain Market Revenue, By Mobility Type, 2016 – 2026
    • 10.5.5.Latin America Automotive Blockchain Market Revenue, By Provider, 2016 – 2026
    • 10.5.6.Brazil
    • 10.5.7.Mexico
    • 10.5.8.Rest of Latin America
  • 10.6.The Middle-East and Africa
    • 10.6.1.The Middle-East and Africa Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
    • 10.6.2.The Middle-East and Africa Automotive Blockchain Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 10.6.3.The Middle-East and Africa Automotive Blockchain Market Revenue, By Application, 2016 – 2026
    • 10.6.4.The Middle-East and Africa Automotive Blockchain Market Revenue, By Mobility Type, 2016 – 2026
    • 10.6.5.The Middle-East and Africa Automotive Blockchain Market Revenue, By Provider, 2016 – 2026
    • 10.6.6.GCC Countries
    • 10.6.7.South Africa
    • 10.6.8.Rest of Middle-East Africa
• Chapter 11.Company Profiles
  • 11.1.Microsoft
    • 11.1.1.Company Overview
    • 11.1.2.Financial Overview
    • 11.1.3.Product Portfolio
    • 11.1.4.Business Strategy
    • 11.1.5.Recent Developments
  • 11.2.carVertical
  • 11.3.Gem
  • 11.4.RSK Labs
  • 11.5.FOAM
  • 11.6.Consensys
  • 11.7.Cube
  • 11.8.BigchainDB
  • 11.9.Context Labs,
  • 11.1.SHIFTMobility
  • 11.11.CarBlock
  • 11.12.NXM Labs
  • 11.13.XAIN
  • 11.14.Tech Mahindra
  • 11.15.Helbiz
  • 11.16.HCL Technologies

Table Of Figures

List of Figures 

FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Automotive Blockchain Market
FIG. 6 Global Automotive Blockchain Market Attractiveness, By Application
FIG. 7 Global Automotive Blockchain Market Attractiveness, By Mobility Type
FIG. 8 Global Automotive Blockchain Market Attractiveness, By Provider
FIG. 9 Global Automotive Blockchain Market Attractiveness, By End-User
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Automotive Blockchain Market Revenue Share, By Application, 2019 & 2026
FIG. 12 Global Automotive Blockchain Market for Supply Chain, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Automotive Blockchain Market for Smart Contracts, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Automotive Blockchain Market for Mobility Solutions, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Automotive Blockchain Market for Financing, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Automotive Blockchain Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Automotive Blockchain Market Revenue Share, By Mobility Type, 2019 & 2026
FIG. 18 Global Automotive Blockchain Market for Commercial Mobility, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Automotive Blockchain Market for Shared Mobility, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Automotive Blockchain Market for Personal Mobility, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Automotive Blockchain Market Revenue Share, By Provider, 2019 & 2026
FIG. 22 Global Automotive Blockchain Market for Solution Provider, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Automotive Blockchain Market for Infrastructure & Protocols Provider, Revenue (USD Million) 2016 - 2026
FIG. 24 Global Automotive Blockchain Market for Middleware Provider, Revenue (USD Million) 2016 - 2026
FIG. 25 Global Automotive Blockchain Market Revenue Share, by Region, 2019 & 2026
FIG. 26 North America Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
FIG. 27 Europe Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
FIG. 28 Asia Pacific Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
FIG. 29 Latin America Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
FIG. 30 The Middle-East and Africa Automotive Blockchain Market Revenue, 2016 - 2026 (USD Million)
FIG. 31 Microsoft Business Segment Revenue Share, 2018 (%)
FIG. 32 Microsoft Geographical Segment Revenue Share, 2018 (%)

Table Of Tables

List of Tables

TABLE 1 Global Automotive Blockchain Market: Snapshot
TABLE 2 Drivers of the Automotive Blockchain Market: Impact Analysis
TABLE 3 Restraints for the Automotive Blockchain Market: Impact Analysis
TABLE 4 Global Automotive Blockchain Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Automotive Blockchain Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Automotive Blockchain Market Revenue, By Application, 2016 – 2026 (USD Million)
TABLE 7 North America Automotive Blockchain Market Revenue, By Mobility Type, 2016 – 2026 (USD Million)
TABLE 8 North America Automotive Blockchain Market Revenue, By Provider, 2016 – 2026 (USD Million)
TABLE 9 Europe Automotive Blockchain Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 10 Europe Automotive Blockchain Market Revenue, By Application, 2016 – 2026 (USD Million)
TABLE 11 Europe Automotive Blockchain Market Revenue, By Mobility Type, 2016 – 2026 (USD Million)
TABLE 12 Europe Automotive Blockchain Market Revenue, By Provider, 2016 – 2026 (USD Million)
TABLE 13 Asia Pacific Automotive Blockchain Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 14 Asia Pacific Automotive Blockchain Market Revenue, By Application, 2016 – 2026 (USD Million)
TABLE 15 Asia Pacific Automotive Blockchain Market Revenue, By Mobility Type, 2016 – 2026 (USD Million)
TABLE 16 Asia Pacific Automotive Blockchain Market Revenue, By Provider, 2016 – 2026 (USD Million)
TABLE 17 Latin America Automotive Blockchain Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 Latin America Automotive Blockchain Market Revenue, By Application, 2016 – 2026 (USD Million)
TABLE 19 Latin America Automotive Blockchain Market Revenue, By Mobility Type, 2016 – 2026 (USD Million)
TABLE 20 Latin America Automotive Blockchain Market Revenue, By Provider, 2016 – 2026 (USD Million)
TABLE 21 The Middle-East and Africa Automotive Blockchain Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 22 The Middle-East and Africa Automotive Blockchain Market Revenue, By Application, 2016 – 2026 (USD Million)
TABLE 23 The Middle-East and Africa Automotive Blockchain Market Revenue, By Mobility Type, 2016 – 2026 (USD Million)
TABLE 24 The Middle-East and Africa Automotive Blockchain Market Revenue, By Provider, 2016 – 2026 (USD Million)