Automotive Blockchain Market to Garner $5.6 Bn, Globally, by 2030 at 29.3% CAGR, Says Allied Market Research - Seite 2

North America Ruled the Market

The global automotive blockchain market across North America is estimated to garner the largest share in 2020, contributing to more than two-fifths of the market. Adoption of advanced technology along with the constant development in automobile industry is creating a demand for key players to invest in automotive blockchain market. However, the market across the Europe region is estimated to manifest the fastest CAGR of 32.3% during the forecast period. This is due to rise in production and sales of the vehicles and demand for advanced features in vehicles.

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Major market players

• Carvertical
• CarBlock
• Accenture
• Xain
• HCL Technologies
• Helbiz
• IBM
• Microsoft
• Tech Mahindra
• NXM Labs

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