Automotive Blockchain Market
Automotive Blockchain Market Size And Forecast
According to Verified Market Research, the Global Automotive Blockchain Market was valued at USD 195.6 Million in 2018 and is projected to reach USD 1640.8 Million by 2026, growing at a CAGR of 30.5% from 2019 to 2026.
Global Automotive Blockchain Market Outlook
The growing demand for the higher security of the data and increasing focus on reducing the manipulations are the major factors for propelling the growth of the market. In addition, the increasing adaption of automobiles is giving rise to productivity, and thereby, contributes to driving the market growth. However, the uncertain standardized government regulations are expected to restrain the growth of the market.
Global Automotive Blockchain Market Competitive Landscape
The Global Automotive Blockchain Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Carblock, IBM, Microsoft, BigchainDB, Tech Mahindra, carVertical, HCL Technologies, NXM Labs, Context Labs, and Cube.
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