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Automotive Blockchain Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 147 Pages
  • June 2022
  • Region: Global
  • IMARC Group
  • ID: 5615007
The global automotive blockchain market reached a value of US$ 420.1 Million in 2021. Looking forward, the publisher expects the market to reach a value of US$ 2,236.3 Million by 2027, exhibiting a CAGR of 32.14% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.



Automotive blockchain refers to a decentralized ledger used to store, keep track and monitor data related to automobiles. It is linked through the means of cryptography, which focuses on transforming data into formats unrecognized by unauthorized users to provide immediate, shared, and transparent information. Automotive blockchain offers multiple benefits, including fast warranty claim processing, easy-to-track operations, enhanced smart contracts and car sales, tamper-proof transaction records, improved transparency, instant traceability, and reduced payment exchange fees. Apart from this, it is widely used to streamline procedures, store unique data, verify and secure vehicle mileages and curb fraudulent activities.

Automotive Blockchain Market Trends:


The growing number of vehicle manufacturing processes across the globe is creating a positive outlook for the market. Automotive blockchain is widely used to enhance supply chain management and help original equipment manufacturers (OEMs) follow up on automotive parts and components regarding their latest modifications, thus aiding in identifying counterfeit products and ensuring high-quality products and services to consumers. In line with this, the increasing investments in autonomous vehicles and mobility services, such as vehicle leasing, rental, sharing, hailing, and pooling, have facilitated the demand for automotive blockchain to allow car rental companies to monitor the maintenance, cleaning, rent, and user data of registered vehicles. This, in turn, is supporting the market growth. Apart from this, various advancements in technologies, such as the integration of the Internet of Things (IoT) and artificial intelligence (AI) with connected devices, to track, process, authenticate and exchange transaction systems are providing an impetus to the market growth. Other factors, including the increasing focus on reducing data leaks and manipulations, the rising need for faster transactions and extensive research and development (R&D) activities, are anticipated to drive the market further toward growth.

Key Market Segmentation:


The publisher provides an analysis of the key trends in each sub-segment of the global automotive blockchain market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, provider, mobility type, application and end user.

Breakup by Type:

  • Public Blockchain
  • Private Blockchain
  • Hybrid Blockchain

Breakup by Provider:

  • Application and Solution
  • Middleware
  • Infrastructure and Protocol

Breakup by Mobility Type:

  • Personal Mobility
  • Shared Mobility
  • Commercial Mobility

Breakup by Application:

  • Financing
  • Mobility Solutions
  • Smart Contract
  • Supply Chain

Breakup by End User:

  • OEMs
  • Vehicle Owners
  • Mobility as a Service Provider
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:


The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, BigchainDB GmbH, carVertical, ConsenSys, GemOS, HCL Technologies Limited (HCL Enterprise), International Business Machines Corporation, Microsoft Corporation, NXM Labs Inc., ShiftMobility Inc. and Tech Mahindra Limited.

Key Questions Answered in This Report:

  • How has the global automotive blockchain market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global automotive blockchain market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the provider?
  • What is the breakup of the market based on the mobility type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global automotive blockchain market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Automotive Blockchain Market

What is the estimated value of the Global Automotive Blockchain Market?

The Global Automotive Blockchain Market was estimated to be valued at $420.1 Million in 2021.

What is the growth rate of the Global Automotive Blockchain Market?

The growth rate of the Global Automotive Blockchain Market is 32.1%, with an estimated value of $2236.3 Million by 2027.

What is the forecasted size of the Global Automotive Blockchain Market?

The Global Automotive Blockchain Market is estimated to be worth $2236.3 Million by 2027.

Who are the key companies in the Global Automotive Blockchain Market?

Key companies in the Global Automotive Blockchain Market include Accenture plc, BigchainDB GmbH, carVertical, ConsenSys, GemOS, HCL Technologies Limited (HCL Enterprise), International Business Machines Corporation, Microsoft Corporation and ShiftMobility Inc..

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Blockchain Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Public Blockchain
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Private Blockchain
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Hybrid Blockchain
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Provider
7.1 Application and Solution
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Middleware
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Infrastructure and Protocol
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Mobility Type
8.1 Personal Mobility
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Shared Mobility
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Commercial Mobility
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 Financing
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Mobility Solutions
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Smart Contract
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Supply Chain
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by End User
10.1 OEMs
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Vehicle Owners
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Mobility as a Service Provider
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Others
10.4.1 Market Trends
10.4.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Accenture plc
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 BigchainDB GmbH
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 carVertical
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 ConsenSys
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 GemOS
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 HCL Technologies Limited (HCL Enterprise)
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 International Business Machines Corporation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.8 Microsoft Corporation
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 NXM Labs Inc.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 ShiftMobility Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Tech Mahindra Limited
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
List of Figures
Figure 1: Global: Automotive Blockchain Market: Major Drivers and Challenges
Figure 2: Global: Automotive Blockchain Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Automotive Blockchain Market: Breakup by Type (in %), 2021
Figure 5: Global: Automotive Blockchain Market: Breakup by Provider (in %), 2021
Figure 6: Global: Automotive Blockchain Market: Breakup by Mobility Type (in %), 2021
Figure 7: Global: Automotive Blockchain Market: Breakup by Application (in %), 2021
Figure 8: Global: Automotive Blockchain Market: Breakup by End User (in %), 2021
Figure 9: Global: Automotive Blockchain Market: Breakup by Region (in %), 2021
Figure 10: Global: Automotive Blockchain (Public Blockchain) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Automotive Blockchain (Public Blockchain) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Automotive Blockchain (Private Blockchain) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Automotive Blockchain (Private Blockchain) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Automotive Blockchain (Hybrid Blockchain) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Automotive Blockchain (Hybrid Blockchain) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Automotive Blockchain (Application and Solution) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Automotive Blockchain (Application and Solution) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Automotive Blockchain (Middleware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Automotive Blockchain (Middleware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Automotive Blockchain (Infrastructure and Protocol) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Automotive Blockchain (Infrastructure and Protocol) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Automotive Blockchain (Personal Mobility) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Automotive Blockchain (Personal Mobility) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Automotive Blockchain (Shared Mobility) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Automotive Blockchain (Shared Mobility) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Automotive Blockchain (Commercial Mobility) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Automotive Blockchain (Commercial Mobility) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Automotive Blockchain (Financing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Automotive Blockchain (Financing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Automotive Blockchain (Mobility Solutions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Automotive Blockchain (Mobility Solutions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Automotive Blockchain (Smart Contract) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Automotive Blockchain (Smart Contract) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Automotive Blockchain (Supply Chain) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Automotive Blockchain (Supply Chain) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Automotive Blockchain (OEMs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Automotive Blockchain (OEMs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Automotive Blockchain (Vehicle Owners) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Automotive Blockchain (Vehicle Owners) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Automotive Blockchain (Mobility as a Service Provider) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Automotive Blockchain (Mobility as a Service Provider) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Automotive Blockchain (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Automotive Blockchain (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: North America: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: North America: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: United States: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: United States: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Canada: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Canada: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Asia-Pacific: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Asia-Pacific: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: China: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: China: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Japan: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Japan: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: India: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: India: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: South Korea: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: South Korea: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Australia: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Australia: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Indonesia: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Indonesia: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Europe: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Europe: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Germany: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Germany: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: France: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: France: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: United Kingdom: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: United Kingdom: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Italy: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Italy: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Spain: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Spain: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Russia: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Russia: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Latin America: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Latin America: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Brazil: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Brazil: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Mexico: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Mexico: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Others: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Others: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Middle East and Africa: Automotive Blockchain Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Middle East and Africa: Automotive Blockchain Market: Breakup by Country (in %), 2021
Figure 92: Middle East and Africa: Automotive Blockchain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Global: Automotive Blockchain Industry: SWOT Analysis
Figure 94: Global: Automotive Blockchain Industry: Value Chain Analysis
Figure 95: Global: Automotive Blockchain Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Automotive Blockchain Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Automotive Blockchain Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Automotive Blockchain Market Forecast: Breakup by Provider (in Million US$), 2022-2027
Table 4: Global: Automotive Blockchain Market Forecast: Breakup by Mobility Type (in Million US$), 2022-2027
Table 5: Global: Automotive Blockchain Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Automotive Blockchain Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 7: Global: Automotive Blockchain Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Automotive Blockchain Market: Competitive Structure
Table 9: Global: Automotive Blockchain Market: Key Players

Companies Mentioned

  • Accenture plc
  • BigchainDB GmbH
  • carVertical
  • ConsenSys
  • GemOS
  • HCL Technologies Limited (HCL Enterprise)
  • International Business Machines Corporation
  • Microsoft Corporation
  • NXM Labs Inc.
  • ShiftMobility Inc.
  • Tech Mahindra Limited.

Methodology

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