Global Automotive Blockchain Market To Reach $1.6 Billion By 2026

SAN FRANCISCO June 27, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Automotive Blockchain – Global Market Pathway & Analytics”† The report presents new perspectives on opportunities and challenges in a significantly transformed post-COVID-19 market.

Global Automotive Blockchain Market To Reach $1.6 Billion By 2026

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To process: 4; Issued: January 2022
Executive pool: 667
Businesses: 42 – Covered players include Accenture; big chain db; car block; carvertic; Consensus; context labs; Cube; dash ride; Foam; GEM and others.
Coverage: All major geographies and key segments
Segments: Type (application and solution providers, middleware providers, infrastructure and protocol providers); Mobility type (personal, shared, commercial); Application (Supply Chain, Mobility Solutions, Financing, Smart Contracts, Other Applications)
Geographies: World; United StatesCanadaJapanChinaEuropeFranceGermanyItalyUnited Kingdom† and the rest of EuropeAsia-Pacific† Rest of the world.

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ABSTRACT-

Reaching Global Automotive Blockchain Market $1.6 billion by 2026
Amid the COVID-19 crisis, the global Automotive Blockchain market is estimated to be: US$339.7 millionis expected to reach a revised size of US$1.6 billion by 2026, growing at a CAGR of 28.5% over the analysis period. Application & Solution Providers, one of the segments analyzed in the report, is expected to achieve a CAGR of 30.8% and a range US$1 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the economic crisis caused, growth in the Middleware Providers segment is adjusted to a revised CAGR of 27.2% for the next 7 years.

The US market is estimated at: $136.8 million in 2021, while China is expected to reach $266.7 million by 2026
The Automotive Blockchain Market in the US is estimated to be: $136.8 million in 2021. Chinathe world’s second largest economy, is expected to have a projected market size of US$266.7 million by the year 2026 at a CAGR of 27.5% over the analysis period. Among the other notable geographic markets are: Japan and Canada, each of which will grow by 25.9% and 24.1%, respectively, over the analysis period. Inside EuropeGermany is expected to grow at approximately 19.7% CAGR.

Reachable segment of infrastructure and protocol providers US$307 million by the year 2026
In the global Infrastructure & Protocol Providers segment, United StatesCanadaJapanChina and Europe will generate the 25% CAGR estimated for this segment. These regional markets account for a combined market size of US$63.3 million will reach a projected size of US$301.3 million at the end of the analysis period. China remains one of the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the world’s only influencer-driven market research firm. GIA proudly serves over 42,000 customers from 36 countries and has been recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communication
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.

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