KEY FINDINGS
The North American market for the automotive blockchain is expected to grow with 44.31% CAGR during the forecast period 2019-2027. The regional market has been estimated to be $xx billion by the end of 2027 and has been currently valued at $xx billion. The United States and Canada are the countries that are reaping major profits for the automotive blockchain market in this region. The fact that this particular application can initiate communications with and responds to communications from IoT devices, both internal and external to the vehicle to relay its live location is one of the many attractive features. This is pushing the rapid uptake of the blockchain technology by the current automotive giants across the world as well as in the North American region.
MARKET INSIGHTS
The automotive market requires to be more integrated, connected and proficient for providing on-demand and personalized services with the maximum safety and convenience. This is taken care of by its association with blockchain technology which can help place the automotive stakeholders at a position from where they can adapt to the disruptions by redefining their business models. This has started taking place majorly in the developed economies of the United States and Canada in the North American market. The US is found to be the fastest growing market with maximum revenue that accounts for a revenue share of xx%. It is mainly due to the country being updated with the latest technology whose penetration is the highest in North America. On the other hand, Canada is coming behind the US in terms of market growth, so they need to step up their efforts in research as well as in offering programs to train the next generation of blockchain developers and entrepreneurs.
COMPETITIVE INSIGHTS
Some of the major shareholding companies in the automotive blockchain market are Oaken Innovations, Xain AG, International Business Machines Corporation (IBM CORP.), BigchainDB GmBH, ConsenSys, Context Labs BV, Factom Inc., Mesosphere Inc., Project Provenance Ltd., Reply SpA, Ripple Labs Inc., Microsoft Corporation, Infosys and Wipro Limited.
North America Automotive Blockchain Market Forecast 2019-2027
Table of Contents
1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. New Developments & Increasing Adoption Of Iot In Blockchain Technology
3.2.2. Escalation Of Blockchain As A Service
4. Market Dynamics
4.1. Etymology Of Automotive Blockchain
4.2. Market Scope & Definition
4.3. Market Drivers
4.3.1. Demand For Blockchain Technology Is Rising Amongst Automotive Industry
4.3.2. Elimination Of Costs Associated With The Third-Party Payments & Reduction In Extra Costs
4.3.3. Blockchain Technology Is More Secured & Cyber Attacks May Be Easily Prevented
4.4. Market Restraints
4.4.1. Compliance And Regulatory Issues Associated With Blockchain Technology
4.4.2. Amount Of Energy Consumptions Related To The Blockchain Technology
4.5. Market Opportunities
4.5.1. Financial Institutions Are Infusing Funds To Improve Blockchain Technology
4.5.2. Increase In Number Of Automotive Blockchain Consortiums And Associations
4.6. Market Challenges
4.6.1. Lack Of Awareness About Blockchain Technology In The Market
4.6.2. Lack Of Skilled Professionals
4.6.3. Lack Of Storage Capability
5. Market By Blockchain Type
5.1. Public
5.2. Private
5.3. Hybrid
6. Market By Application
6.1. Manufacturing
6.2. Supply Chain
6.3. Safety & Security
6.4. Finance, Payment & Insurance Services
6.5. Other Applications
7. Key Analytics
7.1. Porter's Five Force Model
7.1.1. Threat Of New Entrants
7.1.2. Threat Of Substitute
7.1.3. Bargaining Power Of Suppliers
7.1.4. Bargaining Power Of Buyers
7.1.5. Threat Of Competitive Rivalry
7.2. Opportunity Matrix
7.3. Vendor Landscape
8. North America
8.1. United States
8.2. Canada
9. Competitive Landscape
9.1. International Business Machines Corporation (Ibm Corp.)
9.1.1. Overview
9.1.2. Product Portfolio
9.1.3. Strategic Initiatives
9.1.4. Scot Analysis
9.2. Bigchaindb Gmbh
9.2.1. Overview
9.2.2. Product Portfolio
9.2.3. Strategic Initiatives
9.2.4. Scot Analysis
9.3. Consensys
9.3.1. Overview
9.3.2. Product Portfolio
9.3.3. Strategic Initiatives
9.3.4. Scot Analysis
9.4. Context Labs Bv
9.4.1. Overview
9.4.2. Product Portfolio
9.4.3. Strategic Initiatives
9.4.4. Scot Analysis
9.5. Factom Inc.
9.5.1. Overview
9.5.2. Product Portfolio
9.5.3. Strategic Initiatives
9.5.4. Scot Analysis
9.6. Mesosphere Inc.
9.6.1. Overview
9.6.2. Product Portfolio
9.6.3. Strategic Initiatives
9.6.4. Scot Analysis
9.7. Oaken Innovations
9.7.1. Overview
9.7.2. Product Portfolio
9.7.3. Strategic Initiatives
9.7.4. Scot Analysis
9.8. Project Provenance Ltd
9.8.1. Overview
9.8.2. Product Portfolio
9.8.3. Strategic Initiatives
9.8.4. Scot Analysis
9.9. Reply Spa
9.9.1. Overview
9.9.2. Product Portfolio
9.9.3. Strategic Initiatives
9.9.4. Scot Analysis
9.10. Ripple Labs Inc.
9.10.1. Overview
9.10.2. Product Portfolio
9.10.3. Strategic Initiatives
9.10.4. Scot Analysis
9.11. Xain Ag
9.11.1. Overview
9.11.2. Product Portfolio
9.11.3. Strategic Initiatives
9.11.4. Scot Analysis
9.12. Microsoft Corporation
9.12.1. Overview
9.12.2. Product Portfolio
9.12.3. Strategic Initiatives
9.12.4. Scot Analysis
9.13. Infosys
9.13.1. Overview
9.13.2. Product Portfolio
9.13.3. Strategic Initiatives
9.13.4. Scot Analysis
9.14. Wipro Limited
9.14.1. Overview
9.14.2. Product Portfolio
9.14.3. Strategic Initiatives
9.14.4. Scot Analysis
List Of Tables
Table 1. North America Automotive Blockchain Market, By Country, 2019-2027 (In $ Billion)
Table 2. North America Automotive Blockchain Market, By Blockchain Type, 2019-2027, (In $ Billion)
Table 3. North America Automotive Blockchain Market, By Application, 2019-2027, (In $ Billion)
Table 4. Opportunity Matrix
Table 5. Vendor Landscape
Table 6. North America Automotive Blockchain Market, By Country, 2019-2027, (In $ Billion)
List Of Figures
Figure 1. North America Automotive Blockchain Market, By Public, 2019-2027 (In $ Billion)
Figure 2. North America Automotive Blockchain Market, By Private, 2019-2027 (In $ Billion)
Figure 3. North America Automotive Blockchain Market, By Hybrid, 2019-2027 (In $ Billion)
Figure 4. North America Automotive Blockchain Market, By Manufacturing, 2019-2027 (In $ Billion)
Figure 5. North America Automotive Blockchain Market, By Supply Chain, 2019-2027 (In $ Billion)
Figure 6. North America Automotive Blockchain Market, By Safety & Security, 2019-2027 (In $ Billion)
Figure 7. North America Automotive Blockchain Market, By Finance, Payment & Insurance Services, 2019-2027 (In $ Billion)
Figure 8. North America Automotive Blockchain Market, By Other Applications, 2019-2027 (In $ Billion)
Figure 9. North America Automotive Blockchain Market, Regional Outlook, 2018 & 2027 (In %)
Figure 10. United States Automotive Blockchain Market, 2019-2027 (In $ Billion)
Figure 11. Canada Automotive Blockchain Market, 2019-2027 (In $ Billion)
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