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The global automotive blockchain market size was USD 0.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 32.0% during the forecast period. The introduction of blockchain solutions in the automobile sector, which decreases the operational costs, is a key factor driving market revenue growth. Automotive blockchain refers to utilization of blockchain technology in the automotive sector, which uses smart features such as management of records and decentralization.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Automotive Blockchain market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Automotive Blockchain market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Microsoft, BigchainDB GmbH, IBM, SHIFTMobility Inc., Accenture, Tech Mahindra Limited, Gem, HCL Technologies Limited, NXM Labs, Inc., Consensys, Helbiz, Vechain Foundation San Marino S.r.l, OriginTrail, IOTA Foundation and Avalanche

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Emergen Research has segmented the global Automotive Blockchain market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

Provider Outlook (Revenue, USD Billion; 2019–2032)
Application & solution providers
Infrastructure & protocol providers
Middleware providers
Application Type Outlook (Revenue, USD Billion; 2019–2032)
Supply chain
Vehicle tracking and provenance.
Parts and materials management
Counterfeit prevention
Smart contracts
Vehicle financing
Usage-based insurance
Mobility services
Mobility solutions
Vehicle sharing
Ride-hailing
Autonomous vehicles
Other applications
Vehicle maintenance and repair
Data monetization
Cybersecurity
Mobility Type Outlook (Revenue, USD Billion; 2019–2032)
Personal mobility
Passenger cars
Motorcycles
Shared mobility
Car sharing
Ride-hailing
Commercial mobility
Trucks
Buses
Fleets
The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:

Analysis and estimation of the Automotive Blockchain Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Automotive Blockchain Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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