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Oct 31, 2019 5:28 AM ET

Automotive Blockchain Market to Witness an Outstanding Growth by 2027 – Lead by Accenture, carVertical, CONSENSUS SYSTEMS, GeM, HCL Technologies Limited, Helbiz, IBM, NXM Labs


Automotive Blockchain Market to Witness an Outstanding Growth by 2027 – Lead by Accenture, carVertical, CONSENSUS SYSTEMS, GeM, HCL Technologies Limited, Helbiz, IBM, NXM Labs

iCrowd Newswire - Oct 31, 2019

The Automotive Blockchain Market to 2027 highlights the key growth strategies adopted by the leading players of the Automotive Blockchain industry in the competitive landscape, including their key developments and profile. The study evaluates current trends and analyses drivers, restraints, and opportunities during the forecast period. The Automotive Blockchain Market is anticipated to witness decent growth in the coming years.

A blockchain based solution securely stores, updates, traces and shares vehicle data (including telematics) across OEMs and with external parties in real time. Using smart contracts and IOT, dealerships can automate several processes involved in car sales, service, warranty claim processing and much more. The blockchain has greater oversight and accountability in automotive supply chains, and also serve as a means by which drivers can view and understand how and their vehicle’s data is being shared and utilized. MARKET DYNAMICS

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The automotive blockchain market is heavily influenced by driving factors such as increasing focus on reducing data leaks and manipulations, faster transactions and reduced operational costs boosts the market growth.However,the uncertainty over regulations is impacting negatively on the growth of this market in the current market scenario..

Leading companies profiled in the report include: Accenture, carVertical, CONSENSUS SYSTEMS, GeM, HCL Technologies Limited, Helbiz, IBM, NXM Labs, RSK Labs, Tech Mahindra Limited.

The report “Automotive Blockchain Market” gives varied description about the segmentation of the market on the basis of segmented Dosage, Route of Administration and Application, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2019 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Automotive Blockchain Market.

The global automotive blockchain market is segmented on the basis of mobility type, provider and by application. Based on mobility type the market is segmented as personal mobility, shared mobility and commercial mobility. On the basis of provider the market is segmented as middleware provider, infrastructure and protocols provider and infrastructure and protocols provider. On the basis of application the market is segmented as smart contracts, supply chain, financing and mobility solutions.

The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.

The Automotive Blockchain Market is segmented based on a, b, and c. The report provides exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South & Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.

The report acknowledges following key Elements:

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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

 

 

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