The use of blockchain for decentralizing legacy silos in processes and expediting the entire production is of pivotal use in times of high consumer demand. Various operations in the automotive sector can be rapidly accelerated and eliminate third-parties in the process. The global automotive blockchain market report by Market Research Future (MRFR) provides extensive coverage by analyzing niches, trends, and opportunities for the period of 2018 to 2025 (forecast period). The COVID-19 pandemic and its effects on the economic environment and its implications on the automotive industry are explored in full detail.
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Market Scope:
The global automotive blockchain market is projected to exhibit a CAGR of 21% over the forecast period. This is attributed to rise of ride hailing apps, increase in e-mobility and on-demand services, sales of automobiles, and faster and secure transaction methods. Adoption of blockchain technology for transportation and logistics sectors and development of new business models for the automotive aftermarket sector can be opportune for the market to expand its growth.
Focus on reducing the amount of data leaks and lowering production costs can drive the demand for blockchain in the automotive sector. The need for transparency and trust for maintaining supply chains during the COVID-19 pandemic can bode well for the market. The World Economic Forum had released a blockchain deployment toolkit for helping companies to prepare in case of uncertain events.
The lack of technical personnel, uncertainty over GDPR regulation in Europe, and limited scalability are factors that can restrain market growth.
Segmentation
On the basis of technology type, the market has been segmented into open blockchain, closed blockchain, consortium blockchain, and hybrid blockchain.
On the basis of application, the market has been segmented into mobility solutions, contracts, supply chain, financing, and others. Mobility solutions are deemed to capture a significant market share due to its ability to ensure secure transactions between owners of cars and renters. The EY Tesseract is a platform offered by Ernst & Young that enables peer-to-peer interactions between owners and car users.
On the basis of provider, the market has been segmented into application & solution provider, middleware provider, and infrastructure & protocols provider.
On the basis of propulsion, the market has been segmented into ICE and electric vehicle. The latter is further sub-segmented into plug-in hybrid electric vehicles (PHEV), hybrid electric vehicles (HEV), and battery electric vehicle (BEV).
On the basis of vehicle type, the market has been segmented into passenger car and commercial vehicle.
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Regional Analysis
Asia Pacific is expected to hold the largest market share during the forecast period owing to the growing adoption of blockchain technology in the automotive industry to build trust and transparency between users and enterprises. Moreover, increased production and sales of electric vehicles are expected to boost the demand for automotive blockchain in this region. Furthermore, the growing implementation of blockchain technology in ridesharing applications in China and India, will lead to the market growth.
North America is expected to grow at significant rate during forecast period due to the high instances of deployment of blockchain technology in electric vehicles and commercial vehicles in the U.S. and Canada. Deployment of blockchain for monitoring energy systems can lead to its implementation in charging infrastructure for EVs. Cryptocurrencies and rise of mobility as a service (MaaS) are likely to push for the use of blockchain for its immutability of data and rapid handling of transactions.
Competitive Outlook
ShiftMobility, Tech Mahindra, IBM Corporation, Microsoft Corporation, RSK Labs, HCL Technologies, Helbiz, carVertical, XAIN, and BigchainDB GmbH are key players of the global automotive blockchain market.
TABLE OF CONTENTS
- EXECUTIVE SUMMARY
- SCOPE OF THE REPORT
2.1. MARKET DEFINITION
2.2. SCOPE OF THE STUDY
2.2.1. DEFINITION
2.2.2. RESEARCH OBJECTIVE
2.2.3. ASSUMPTIONS
2.2.4. LIMITATIONS
2.3. RESEARCH PROCESS
2.3.1. PRIMARY RESEARCH
2.3.2. SECONDARY RESEARCH
2.4. MARKET SIZE ESTIMATION
2.5. FORECAST MODEL
- MARKET LANDSCAPE
3.1. PORTER’S FIVE FORCES ANALYSIS
3.1.1. THREAT OF NEW ENTRANTS
3.1.2. BARGAINING POWER OF BUYERS
3.1.3. THREAT OF SUBSTITUTES
3.1.4. SEGMENT RIVALRY
3.1.5. BARGAINING POWER OF BUYERS
3.2. VALUE CHAIN/SUPPLY CHAIN ANALYSIS
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About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
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The use of blockchain for decentralizing legacy silos in processes and expediting the entire production is of pivotal use in times of high consumer demand.
Various operations in the automotive sector can be rapidly accelerated and eliminate third-parties in the process.
The global automotive blockchain market report by Market Research Future (MRFR) provides extensive coverage by analyzing niches, trends, and opportunities for the period of 2018 to 2025 (forecast period).
The COVID-19 pandemic and its effects on the economic environment and its implications on the automotive industry are explored in full detail.Get Free Sample Report in PDF Format @ https://www.marketresearchfuture.com/sample_request/7735Market Scope:The global automotive blockchain market is projected to exhibit a CAGR of 21% over the forecast period.
Adoption of blockchain technology for transportation and logistics sectors and development of new business models for the automotive aftermarket sector can be opportune for the market to expand its growth.Focus on reducing the amount of data leaks and lowering production costs can drive the demand for blockchain in the automotive sector.
The World Economic Forum had released a blockchain deployment toolkit for helping companies to prepare in case of uncertain events.The lack of technical personnel, uncertainty over GDPR regulation in Europe, and limited scalability are factors that can restrain market growth.SegmentationOn the basis of technology type, the market has been segmented into open blockchain, closed blockchain, consortium blockchain, and hybrid blockchain.On the basis of application, the market has been segmented into mobility solutions, contracts, supply chain, financing, and others.
Market HighlightsThe global Data Center RFID Market is expected to register a CAGR of 36.3% during the forecast period of 2019–2024.
There are various factors contributing to the growth of the global Covid-19 Impact on Data Center RFID Market, such as the increasing requirement for asset management systems to improve the operational efficiency and functionality of the data centers.
Additionally, to overcome the losses caused due to downtime of the data center, the RFID usage is increasing as these devices and systems track and locate the malfunctioning systems or assets.Key PlayersMRFR recognizes the key players in the global data center RFID market as HP Inc. (US), IBM Corporation (US), Avery Dennison Corporation (US), GAO RFID Inc. (Canada), Impinj, Inc.(US), RF Code Inc. (US), Omni-ID, Ltd.(US), Zebra Technologies Corporation (US), Alien Technology Corporation(US), and Invengo Information Technology Co. (China), Ltd, among others.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8125Key SegmentsBy data center type, the market has been segmented into enterprise data center, mid-sized data center, and large data center.By solution, the market has been segmented into readers, tags, antennas, software, and others.By services, the market has been segmented into professional services, and integration services.By vertical, the market has been segmented into BFSI, government & defense, it & telecom, healthcare, retail, and others.By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.Regional AnalysisThe global data center RFID market is estimated to grow at a significant rate in the future.
The geographical analysis of data center RFID market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.North America dominates the global data center RFID market, by region, due to the early adoption of the data center RFID across various industries.
This is because North America has a large number of data centers due to the presence of various industries such as BFSI, IT & telecom, and healthcare, which generate large volumes of data regularly.
Asia-Pacific is considered to be the second largest market due to emerging economies such as India, Japan, China, and South Korea in the region.
Market SynopsisAs per the research by Market Research Future Reports (MRFR), the Global Automotive Fuel Delivery System Market 2020 is majorly driven by the surging demand for an efficient fuel delivery system.
There has been an increase in the manufacturing of commercial and passenger vehicles has resulted in additional growth of the market.Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/2193Besides, the need for alternative fuels such as CNG, LPG, etc.
has increased from the past few years, which directly influences the market.
However, the rising focus on the usage of electric vehicle can obstruct the expansion of the market.
The Vehicle Fuel Delivery System market technically equipped manufacturing hubs and the fast expansion of the market are anticipated to expand the market.Browse complete report @ https://www.marketresearchfuture.com/reports/automotive-fuel-delivery-system-market-2193Key PlayersRobert Bosch GmbH, Continental AG, Delphi Automotive Plc., Infineon Technologies AG, Magneti Marelli, Denso Corporation, TI Automotive INC, UCAL Fuel Systems, NGK Spark Plug Co. Ltd, and Toyoda Gosei.Table of Content1.
Supply/Value Chain Analysis Or Market Ecosystem3.4.
The Global Network Telemetry Market is expected to reach USD 826.1 Million by 2025, registering a CAGR of 39.4% during the forecast period.
In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the coming years.The market research also clarifies the major Network Telemetry market players especially wholesalers, istributors, and businessmen by industrial chain structure.
The Global Network Telemetry Market has been segmented on the basis of Component, End User, Organization Size, and Region.Based on the component, the network telemetry market has been segmented into solutions and services.The services segment has been categorized as consulting, integration and deployment, support and maintenance.
The services segment is expected to grow at a higher CAGR during the forecast period.
The growing adoption of network telemetry solutions across enterprises and service providers has led to the demand for the services.
The service providers have further been segmented into telecom service providers, cloud service providers, managed service providers, and others.
The report outlines some of the key market factors that will affect the growth of the industry, such as market share, the critical region, and key players.In a nutshell, COVID-19 impact on managed services has been fruitful, with the market growth enhanced than before.
Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2362 Competitive Outlook: Notable players in the global data governance market are Alation Inc. (U.S.), Data3Sixty Inc. (U.S.) and Reltio Inc. (U.S.), Global Data Excellence (Switzerland), Magnitude Software, Inc.(U.S.), Informatica (U.S.), SAP SE(Germany), Alfresco Software Inc.(U.S.), International Business Machines(IBM)(U.S.), and Symantec Corporation(U.S.) among others.
Segmentation:The global data governance market has been segmented on the basis of components, function, deployment, organization, and application Industry.
By components, the global data governance market has been segmented into solutions, services, support maintenance.
By function, the global data governance market has been segmented into operations & IT, legal, finance.
By application industry, the global data governance market has been segmented into IT and telecom retail, financial services, healthcare, government, and among others.
Industry InsightThe global aseptic packaging market analysis 2020 offers a steady compound annual growth rate (CAGR) from 2017 to 2023, making a high market valuation.
Key Drivers & BarriersThe global aseptic packaging market has shown remarkable growth in support of factors such as rising demand for transportation for longer distances.
There is a requirement for high initial investment for material and packaging machinery that are exact to this process, the ROI achieved owing to the reduced cost of cold chain logistics and distribution, as well as preservatives, has allowed manufacturers to reap benefits within three to five years.
These factors have also been impulsive towards the growth of the global aseptic packaging.MRFR, in its study, has also mentioned that the beverage industry has acquired the largest market share, driven by factors such as dairy, high consumption of milk, and RTD beverages, particularly from the Asia-Pacific region, which has proposed a significant augment in adopting aseptic cartons and pouches.
Regional FrameworkThe Asia Pacific region leads the global aseptic packaging market, and it is anticipated to observe the highest growth throughout the estimated period.
However, China’s disciplinary tariffs on the US dairy products are anticipated to make it complex for US dairy companies to take advantage of this situation, thus, opening up an opportunity for local vendors.
