The Aviation Blockchain Market report shows the competitive situation among the top manufacturers, with sales, revenue and market share and the market by type and application. The report deeply described by experts team and made full report on Aviation Blockchain Market with Forecasts 2025.
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The Aviation Blockchain Market is projected to grow from US$ 421 Million in 2019 to US$ 1,394 Million by 2025, at a CAGR of 22.1% during the forecast period. This report spread across 166 Pages, Profiling 20 Companies and Supported with 109 Tables and 32 figures is now available in this research.
Major Vendors profiled in the Aviation Blockchain Market:
- Microsoft Corporation (US)
- IBM (US)
- Zamna Technologies (UK)
- Aeron Labs (Belize)
- Winding Tree (Switzerland)
- Volantio Inc (US)
- Filament (US)
- Infosys (India)
- Insolar Technologies (Switzerland)
- LeewayHertz Technologies (US)
- Moog Inc. (US)
By end market, the airports segment is expected to grow at the highest CAGR during the forecast period. As per CAPA Centre for Aviation in 2017, around USD 1 trillion was invested across the globe for green field and brown field airport projects. With the passenger traffic and number of inbound and outbound flights growing, airports are focusing on digitalizing and automating processes to increase the efficiency and pace of their operations.
The smart contract segment is expected to account for the largest share of the aviation blockchain market during the forecast period. Smart contracts can facilitate automated payment on completion of the task. A smart contract can be programmed using a computer algorithm that receives real-time information. This information can be verified and stored in the blockchain.
Breakdown of primary participants’ profile:
- By Company Type: Tier 1: 40%, Tier 2: 50%, and Tier 3: 10%
- By Designation: C-level Executives: 20%, Directors: 20%, and Others 60%
- By Region: North America: 30%, Europe: 10%, Asia Pacific: 50%, and RoW: 10%
Competitive Landscape of Aviation Blockchain Market:
2 Competitive Leadership Mapping (Overall Market)
2.1 Visionary Leaders
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Competitive Scenario
3.1 Contracts& Agreements
3.2 New Product Launches
3.3 Collaborations & Partnerships
3.4 Other Strategies
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Reason to access this report:
The report will provide market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aviation blockchain market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.