Global Automotive Blockchain
Market Report
2025
Automotive Blockchain Market size is USD 0.6 Billion in 2024 and will expand at a compound annual growth rate (CAGR) of 32.50% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global automotive blockchain market size will be USD 0.6 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 32.5% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Automotive Blockchain Market Sales Revenue | 121212 | 121212 | 121212 | 32.5% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Application |
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Market Split by Provider |
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Market Split by Mobility Personal MobilityShared MobilityCommercial Mobility | |
List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Automotive Blockchain industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Blockchain Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Automotive blockchain is used in the automotive industry, which records vehicle data, transactions, and supply chain details. It enhances transparency, traceability, and data security within automotive ecosystems, offering benefits like fraud prevention and improved efficiency. One of the key drivers bolstering the growth of the automotive blockchain market is the increasing adoption in vehicle manufacturing. It can securely track and record every stage of vehicle production, from the sourcing of raw materials to final assembly, ensuring authenticity and quality control. It also enables efficient management of supply chains by reducing paperwork and automating transactions through smart contracts. Furthermore, blockchain's ability to enhance data security and prevent fraud makes it an attractive solution for automakers aiming to improve operational efficiency and build trust with consumers. This convergence of technology and automotive manufacturing is poised to revolutionize the industry.
Faster Transactions—One key driver in the automotive blockchain market is faster transactions. Blockchain enables instant verification of transactions without intermediaries, reducing processing times significantly. It is particularly beneficial for automakers, suppliers, and customers, accelerating the procurement of parts and services. Moreover, blockchain's immutable nature enhances security, fostering trust among stakeholders. Reduction in operational costs.
Regulatory uncertainty serves as a significant restraint in the automotive blockchain market. Technological risks hinder market growth.
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April 2021: Tech Mahindra to Launch the 'Stablecoin-as-a-Service' Blockchain Solution with Quantoz Tech Mahindra Ltd. propounded the 'Stablecoin-As-A-Service' blockchain solution with Quantoz, the Netherlands-based blockchain technology application incubator. It has major potential to reduce processing time of banks and financial institutions' customers.
(Source:https://www.techmahindra.com/en-in/stable-as-a-service-blockchain-solution-with-quantoz/)
Top Companies Market Share in Automotive Blockchain Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the automotive blockchain market due to enhancements in supply chain transparency, enabling efficient tracking of vehicle parts and reducing counterfeiting risks, innovative business models such as shared mobility services and autonomous vehicle transactions, rise in regulatory support, and increasing investments in blockchain initiatives by automotive companies. These factors majorly contribute to the market share and growth expected in North America.
Asia-Pacific stands out as the fastest-growing region in the automotive blockchain market due to the adoption of blockchain technology in the automotive sector, strong automotive industry, government initiatives promoting blockchain adoption, and increasing demand for transparent supply chains and secure data sharing. Additionally, the inclusion of major automotive manufacturers and a growing tech-savvy population in the region further contribute to the promising outlook for automotive blockchain technologies in Asia-Pacific.
The current report Scope analyzes Automotive Blockchain Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive Blockchain Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Blockchain Industry growth. Automotive Blockchain market has been segmented with the help of its Application, Provider Mobility Personal MobilityShared MobilityCommercial Mobility, and others. Automotive Blockchain market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the smart contracts segment stands out as the dominating category. They are self-executing contracts with predefined rules coded into blockchain networks. It enables seamless interactions between various stakeholders, such as manufacturers, suppliers, and consumers, by automatically executing actions when specific conditions are met. It ensures transparency, reduces fraud, and enhances efficiency in automotive supply chains and transactions, fostering trust and accountability among participants.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Blockchain Industry. Request a Free Sample PDF!
Segmenting the Automotive Blockchain market by Provider is essential for understanding industry dynamics and identifying key demand drivers. Provider refer to the specific use cases or end-user industries that rely on Automotive Blockchain products and services. These applications span a wide range of sectors, including healthcare, manufacturing, retail, aerospace, automotive, and telecommunications, among others. By analyzing the market based on its applications, businesses can gain valuable insights into which industries are adopting Automotive Blockchain solutions most effectively and where new opportunities are emerging. Additionally, tracking application trends helps identify high-growth industries, areas of innovation, and market saturation levels, allowing companies to strategically position themselves in the most promising and profitable segments.
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Some of the key Provider of Automotive Blockchain are:
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Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Blockchain Market is witnessing significant growth in the near future.
In 2023, the Smart Contracts segment accounted for noticeable share of global Automotive Blockchain Market and is projected to experience significant growth in the near future.
The Middleware Provider segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies IBM (US) , BigchainDB (Germany) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Application | Smart Contracts, Supply Chain, Financing, Mobility Solutions, Others |
Provider | Middleware Provider, Infrastructure and Protocols Provider, Application and Solution Provider |
Mobility Personal MobilityShared MobilityCommercial Mobility | |
List of Competitors | IBM (US), Microsoft (US), BigchainDB (Germany), Tech Mahindra (India), carVertical (Estonia) |
This chapter will help you gain GLOBAL Market Analysis of Automotive Blockchain. Further deep in this chapter, you will be able to review Global Automotive Blockchain Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Blockchain. Further deep in this chapter, you will be able to review North America Automotive Blockchain Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Blockchain. Further deep in this chapter, you will be able to review Europe Automotive Blockchain Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Blockchain. Further deep in this chapter, you will be able to review Asia Pacific Automotive Blockchain Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Blockchain. Further deep in this chapter, you will be able to review South America Automotive Blockchain Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Blockchain. Further deep in this chapter, you will be able to review Middle East Automotive Blockchain Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Blockchain. Further deep in this chapter, you will be able to review Middle East Automotive Blockchain Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Blockchain. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Application Analysis 2019 -2031, will provide market size split by Application. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Provider Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Mobility Personal MobilityShared MobilityCommercial Mobility Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Blockchain market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Smart Contracts have a significant impact on Automotive Blockchain market? |
What are the key factors affecting the Smart Contracts and Supply Chain of Automotive Blockchain Market? |
What is the CAGR/Growth Rate of Middleware Provider during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Blockchain Market? |
Which region is expected to dominate the global Automotive Blockchain Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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