Aviation Blockchain Trends and Forecast
The future of the global aviation blockchain market looks promising with opportunities in the passenger identity management, cargo & baggage tracking, flight & crew data management, frequent flyer, programs, smart contract, travel insurance, e-ticketing & ticket tokenization, airline revenue sharing, and aircraft maintenance markets. The global aviation blockchain market is expected to reach an estimated $1.5 billion by 2030 with a CAGR of 20.4% from 2024 to 2030. The major drivers for this market are growing transparency and traceability for aviation logs, rising number of airline passengers, and reduced transactional complexities and improved passenger experience.Aviation Blockchain by Segment
The study includes a forecast for the global aviation blockchain by deployment, function, application, end use, and region.Aviation Blockchain Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:
- Public
- Private
- Hybrid
Aviation Blockchain Market by Function [Shipment Analysis by Value from 2018 to 2030]:
- Record-Keeping
- Transactions
Aviation Blockchain Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Passenger Identity Management
- Cargo & Baggage Tracking
- Flight & Crew Data Management
- Frequent Flyer Programs
- Smart Contract
- Travel Insurance
- E-Ticketing & Ticket Tokenization
- Airline Revenue Sharing
- Aircraft Maintenance
- Others
Aviation Blockchain Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Airports
- Airlines
- MRO
- Manufacturers
- Lessors
- Others
Aviation Blockchain Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Aviation Blockchain Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aviation blockchain companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aviation blockchain companies profiled in this report include:- Microsoft
- IBM
- Zamna Technologies
- Aeron Labs
- Winding Tree
- Volantio
- Filament
Aviation Blockchain Market Insights
The report forecasts that airlines will remain the largest segment over the forecast period.Within this market, aircraft maintenance will remain the largest segment.
North America is expected to witness highest growth over the forecast period due to rapid adoption of technology and presence of major players in the region.
Features of the Global Aviation Blockchain Market
- Market Size Estimates: Aviation blockchain market size estimation in terms of value ($B).- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Aviation blockchain market size by various segments, such as by deployment, function, application, end use, and region in terms of value ($B).
- Regional Analysis: Aviation blockchain market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different deployment, functions, applications, end uses, and regions for the aviation blockchain market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aviation blockchain market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aviation blockchain market size?Answer: The global aviation blockchain market is expected to reach an estimated $1.5 billion by 2030.
Q2. What is the growth forecast for aviation blockchain market?
Answer: The global aviation blockchain market is expected to grow with a CAGR of 20.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aviation blockchain market?
Answer: The major drivers for this market are growing transparency and traceability for aviation logs, rising number of airline passengers, and reduced transactional complexities and improved passenger experience.
Q4. What are the major segments for aviation blockchain market?
Answer: The future of the aviation blockchain market looks promising with opportunities in the passenger identity management, cargo & baggage tracking, flight & crew data management, frequent flyer, programs, smart contract, travel insurance, e-ticketing & ticket tokenization, airline revenue sharing, and aircraft maintenance markets.
Q5. Who are the key aviation blockchain market companies?
Answer: Some of the key aviation blockchain companies are as follows:
- Microsoft
- IBM
- Zamna Technologies
- Aeron Labs
- Winding Tree
- Volantio
- Filament
Answer: The report forecasts that airlines will remain the largest segment over the forecast period.
Q7. In aviation blockchain market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rapid adoption of technology and presence of major players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisherl provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aviation blockchain market by deployment (public, private, and hybrid), function (record-keeping and transactions), application (passenger identity management, cargo & baggage tracking, flight & crew data management, frequent flyer programs, smart contract, travel insurance, e-ticketing & ticket tokenization, airline revenue sharing, aircraft maintenance, and others), end use (airports, airlines, MRO, manufacturers, lessors, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Aviation Blockchain Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Microsoft
- IBM
- Zamna Technologies
- Aeron Labs
- Winding Tree
- Volantio
- Filament
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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