Strategic Assessment of Blockchain in the Global Automotive Market 2018-2026 – CAGR to Grow at Robust Value of 65.8%

By August 30, 2018Ripple
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The "Strategic Assessment of Blockchain in Automotive, Focus on Influencing Factors, Industry Trends, and Applications - Analysis and Forecast, 2018-2026" report has been added to's offering.

The global automotive blockchain market revenue is expected to reach $1,575 million by 2026, growing at a robust CAGR of 65.8% in the period 2018-2026.

The growing popularity of blockchain technology, owing to its numerous benefits including immutability, reliability, and scalability, among others, along with the high application potential of blockchain technology is expected to fuel the market growth during the forecast period.

Blockchain technology holds massive application potential in the automotive industry. As a consequence of the multitude of benefits, the blockchain technology can disrupt the entire automotive value chain. In terms of application, Automotive Finance, Payments, and Insurance Services (FPIS) accounts for the largest share among all the application segments of the blockchain technology in the automotive domain. However, automotive manufacturing, automotive safety & security, and supply chains are expected to grow robustly during the forecast period, owing to various benefits of the distributed ledger technology.

Top automotive players are already investigating blockchain potential for their business processes and investing heavily in order to conduct trials and to implement pilot projects. The competitive landscape is also witnessing the emergence of various start-ups and early-stage companies leveraging blockchain for automotive specific solutions. These companies are developing databases, platforms, and decentralized applications to facilitate in-vehicle payments, data exchange & storage, insurance claim settlements, supply chain, and logistics, among others.

Key Topics Covered

Executive Summary

1 Blockchain Overview

1.1 Blockchain Technology Overview

1.2 Blockchain Structure

1.3 Types of Blockchain

1.4 Automotive Blockchain Ecosystem

1.5 Role of Blockchain in Automotive Industry

2 Market Dynamics

2.1 Introduction

2.2 Market Drivers

2.3 Market Restraints

2.4 Opportunities

3 Competitive Landscape

3.1 Overview

3.2 Key Strategies and Developments

4 Industry Analysis

4.1 Overview

4.2 Automotive Blockchain Consortiums and Associations

4.3 Regulatory Landscape in the Blockchain Ecosystem

4.4 Blockchain Used Cases in Automotive Industry

4.5 Funding Scenarios in Automotive Blockchain Ecosystem

5 Global Automotive Blockchain Market (by Application)

5.1 Assumptions and Limitations

5.2 Market Overview

5.3 Automotive Manufacturing

5.4 Automotive Supply Chain

5.5 Automotive Safety and Security

5.6 Automotive Finance, Payments and Insurance Services

5.7 Others

5.8 Future Outlook and Strategic Recommendations

6 Company Profiles

6.1 Introduction

6.2 Bigchain DB GmbH

6.3 ConsenSys

6.4 Context Labs BV

6.5 Ethereum

6.6 Factom Inc.

6.7 IBM Corp.

6.8 Mesosphere Inc.

6.9 Oaken Innovations

6.10 Productive Edge LLC

6.11 Project Provenance Ltd.

6.12 R3

6.13 Reply SpA

6.14 Ripple Labs Inc.

6.15 XAIN AG

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SOURCE Research and Markets

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