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Saturday, June 21, 2025

Worldwide Automotive Blockchain Industry to 2027 - Featuring ConsenSys, GemOS and HCL Technologies Among Others - GlobeNewswire

Dublin, July 12, 2022 (GLOBE NEWSWIRE) -- The "Automotive Blockchain Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global automotive blockchain market reached a value of US$ 420.1 Million in 2021. Looking forward, the publisher expects the market to reach a value of US$ 2,236.3 Million by 2027, exhibiting a CAGR of 32.14% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Automotive blockchain refers to a decentralized ledger used to store, keep track and monitor data related to automobiles. It is linked through the means of cryptography, which focuses on transforming data into formats unrecognized by unauthorized users to provide immediate, shared, and transparent information.
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