ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET FORECAST 2019-2027

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ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET FORECAST 2019-2027

 Zero necessity for expensive backup servers and remote storage as well the decentralized nature of blockchain makes sharing and storage of data easy. Features like those mentioned above are propelling the adoption of blockchain technology by the automotive sector much faster, especially in the emerging economies of developing nations in the Asia Pacific region. The regional market here for automotive blockchains is burgeoning with a 46.01% CAGR in the forecasting years of 2019 to 2027

ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET FORECAST 2019-2027

Asia Pacific Automotive Blockchain Market by Blockchain Type (Public, Private, Hybrid) by Application (Manufacturing, Supply Chain, Safety & Security, Finance, Payment & Insurance Services, Other Applications) & by Geography.

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Zero necessity for expensive backup servers and remote storage as well the decentralized nature of blockchain makes sharing and storage of data easy. Features like those mentioned above are propelling the adoption of blockchain technology by the automotive sector much faster, especially in the emerging economies of developing nations in the Asia Pacific region. The regional market here for automotive blockchains is burgeoning with a 46.01% CAGR in the forecasting years of 2019 to 2027. China, India, Japan, Australia, South Korea & the countries from the Rest of Asia Pacific region are considered for this study.

The regional market for automotive blockchain in the Asia Pacific finds its utility mainly in the manufacturing, supply chain, safety & security, finance, payments and insurance services sector. Moreover, this market is expected to have supplemented growth owing to the government support in the densely populated nations to promote the adoption of this particular technology for payments, digital identities and smart contracts. This rapidly growing market has its largest revenue reaped by the Republic of China, due to the mounting investment made in the blockchain technology by the numerous e-commerce companies, risk management giants, Bank of China, etc. The features like increasing the transaction speed, better transparency and enhancements in their existing AI infrastructure are also proliferating its uptake by the automotive industries in the Asia Pacific region.

The market has several competing companies and some of the key players involved in automotive blockchain market are Reply SpA, Wipro Limited, BigchainDB GmBH, ConsenSys, Context Labs BV, Factom Inc., Mesosphere Inc., Oaken Innovations, Project Provenance Ltd, Ripple Labs Inc., Xain AG, Microsoft Corporation, Infosys and International Business Machines Corporation (IBM Corp.).

 

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • NEW DEVELOPMENTS & INCREASING ADOPTION OF IOT IN BLOCKCHAIN TECHNOLOGY
      • ESCALATION OF BLOCKCHAIN AS A SERVICE
  1. MARKET DYNAMICS
    • ETYMOLOGY OF AUTOMOTIVE BLOCKCHAIN
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • DEMAND FOR BLOCKCHAIN TECHNOLOGY IS RISING AMONGST AUTOMOTIVE INDUSTRY
      • ELIMINATION OF COSTS ASSOCIATED WITH THE THIRD-PARTY PAYMENTS & REDUCTION IN EXTRA COSTS
      • BLOCKCHAIN TECHNOLOGY IS MORE SECURED & CYBER ATTACKS MAY BE EASILY PREVENTED
    • MARKET RESTRAINTS
      • COMPLIANCE AND REGULATORY ISSUES ASSOCIATED WITH BLOCKCHAIN TECHNOLOGY
      • AMOUNT OF ENERGY CONSUMPTIONS RELATED TO THE BLOCKCHAIN TECHNOLOGY
    • MARKET OPPORTUNITIES
      • FINANCIAL INSTITUTIONS ARE INFUSING FUNDS TO IMPROVE BLOCKCHAIN TECHNOLOGY
      • INCREASE IN NUMBER OF AUTOMOTIVE BLOCKCHAIN CONSORTIUMS AND ASSOCIATIONS
    • MARKET CHALLENGES
      • LACK OF AWARENESS ABOUT BLOCKCHAIN TECHNOLOGY IN THE MARKET
      • LACK OF SKILLED PROFESSIONALS
      • LACK OF STORAGE CAPABILITY
  1. MARKET BY BLOCKCHAIN TYPE
    • PUBLIC
    • PRIVATE
    • HYBRID
  2. MARKET BY APPLICATION
    • MANUFACTURING
    • SUPPLY CHAIN
    • SAFETY & SECURITY
    • FINANCE, PAYMENT & INSURANCE SERVICES
    • OTHER APPLICATIONS
  3. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  4. ASIA PACIFIC
    • CHINA
    • INDIA
    • JAPAN
    • AUSTRALIA
    • SOUTH KOREA
    • REST OF ASIA PACIFIC
  5. COMPETITIVE LANDSCAPE
    • INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM CORP.)
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • BIGCHAINDB GMBH
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • CONSENSYS
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • CONTEXT LABS BV
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • FACTOM INC.
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • MESOSPHERE INC.
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • OAKEN INNOVATIONS
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • PROJECT PROVENANCE LTD.
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • REPLY SPA
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • RIPPLE LABS INC.
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • XAIN AG
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • MICROSOFT CORPORATION
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • INFOSYS
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS
    • WIPRO LIMITED
      • OVERVIEW
      • PRODUCT PORTFOLIO
      • STRATEGIC INITIATIVES
      • SCOT ANALYSIS

 

TABLE LIST

TABLE 1. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 2. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY BLOCKCHAIN TYPE, 2019-2027, (IN $ BILLION)

TABLE 3. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY APPLICATION, 2019-2027, (IN $ BILLION)

TABLE 4. OPPORTUNITY MATRIX

TABLE 5. VENDOR LANDSCAPE

TABLE 6. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY COUNTRY, 2019-2027, (IN $ BILLION)

FIGURE LIST 

FIGURE 1. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY PUBLIC, 2019-2027 (IN $ BILLION)

FIGURE 2. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY PRIVATE, 2019-2027 (IN $ BILLION)

FIGURE 3. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY HYBRID, 2019-2027 (IN $ BILLION)

FIGURE 4. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY MANUFACTURING, 2019-2027 (IN $ BILLION)

FIGURE 5. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY SUPPLY CHAIN, 2019-2027 (IN $ BILLION)

FIGURE 6. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY SAFETY & SECURITY, 2019-2027 (IN $ BILLION)

FIGURE 7. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY FINANCE, PAYMENT & INSURANCE SERVICES, 2019-2027 (IN $ BILLION)

FIGURE 8. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ BILLION)

FIGURE 9. ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 10. CHINA AUTOMOTIVE BLOCKCHAIN MARKET, 2019-2027 (IN $ BILLION)

FIGURE 11. INDIA AUTOMOTIVE BLOCKCHAIN MARKET, 2019-2027 (IN $ BILLION)

FIGURE 12. JAPAN AUTOMOTIVE BLOCKCHAIN MARKET, 2019-2027 (IN $ BILLION)

FIGURE 13. AUSTRALIA AUTOMOTIVE BLOCKCHAIN MARKET, 2019-2027 (IN $ BILLION)

FIGURE 14. SOUTH KOREA AUTOMOTIVE BLOCKCHAIN MARKET, 2019-2027 (IN $ BILLION)

FIGURE 15. REST OF ASIA PACIFIC AUTOMOTIVE BLOCKCHAIN MARKET, 2019-2027 (IN $ BILLION)

  1. ASIA PACIFIC
    • CHINA
    • INDIA
    • JAPAN
    • AUSTRALIA
    • SOUTH KOREA
    • REST OF ASIA PACIFIC
  2. MARKET BY BLOCKCHAIN TYPE
    • PUBLIC
    • PRIVATE
    • HYBRID
  3. MARKET BY APPLICATION
    • MANUFACTURING
    • SUPPLY CHAIN
    • SAFETY & SECURITY
    • FINANCE, PAYMENT & INSURANCE SERVICES
    • OTHER APPLICATIONS

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